FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • October 10th, 2007 • National Penn Bancshares Inc • National commercial banks • Pennsylvania
This First Amendment to Employment Agreement (this “Amendment”) is entered into on September 6, 2007, but is made effective as set forth in Section 7 below, by and among Keystone Nazareth Bank & Trust Company (“KNBT Bank”), KNBT Bancorp, Inc. (“KNBT”), National Penn Bank (“NPBank”), National Penn Bancshares, Inc. (“NPB” and together with NPBank, the “Employer”), and Sandra L. Bodnyk (the “Executive”).
FIRST AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • October 10th, 2007 • National Penn Bancshares Inc • National commercial banks • Pennsylvania
This First Amendment to Amended and Restated Employment Agreement (this “Amendment”) is entered into on September 6, 2007, but is made effective as set forth in Section 7 below, by and among Keystone Nazareth Bank & Trust Company (“KNBT Bank”), KNBT Bancorp, Inc. (“KNBT”), National Penn Bank (“NPBank”), National Penn Bancshares, Inc. (“NPB” and together with NPBank, the “Employer”), and Scott V. Fainor (the “Executive”).
RELEASE, CONSULTING AND NONCOMPETITION AGREEMENTRelease, Consulting and Noncompetition Agreement • October 10th, 2007 • National Penn Bancshares Inc • National commercial banks • Pennsylvania
This Release, Consulting and Noncompetition Agreement (this “Agreement”) is being entered into as of September 6, 2007, by and between National Penn Bancshares, Inc., a Pennsylvania corporation (“National Penn”), National Penn Bank, a national banking association and a wholly-owned subsidiary of National Penn (“NPBank”), KNBT Bancorp, Inc., a Pennsylvania corporation (“KNBT”), Keystone Nazareth Bank & Trust Company, a wholly-owned subsidiary of KNBT and a Pennsylvania-chartered savings bank (the “Bank”), and Eugene T. Sobol (the “Consultant”).
