0000950144-06-011285 Sample Contracts

CHANGE IN CONTROL COMPENSATION AGREEMENT BETWEEN ORIENTAL FINANCIAL GROUP INC. AND JOSÉ J. GIL DE LAMADRID
Change in Control Compensation Agreement • December 4th, 2006 • Oriental Financial Group Inc • State commercial banks • Puerto Rico

Agreement made as of the 10th day of November, 2006, by and between Oriental Financial Group Inc., a Puerto Rico corporation and a financial holding company with principal offices in San Juan, Puerto Rico (hereinafter referred to as “OFG”) and José J. Gil de Lamadrid, of legal age, married, business executive and resident of Caguas, Puerto Rico (hereinafter referred to as the “Chairman”).

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AGREEMENT BETWEEN ORIENTAL FINANCIAL GROUP INC. AND JOSÉ J. GIL DE LAMADRID
Chairman Agreement • December 4th, 2006 • Oriental Financial Group Inc • State commercial banks • Puerto Rico

AGREEMENT made as of the 10th day of November, 2006, by and between ORIENTAL FINANCIAL GROUP INC., a financial holding company which has its principal office in San Juan, Puerto Rico (hereinafter referred to as the “Company”) and JOSÉ J. GIL DE LAMADRID (sometimes hereinafter referred to as the “Chairman”).

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