0000950159-11-000322 Sample Contracts

AMENDMENT TO RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • May 9th, 2011 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

This Amendment to Restricted Stock Agreement (the “Amendment”) is dated March 8, 2011, between National Penn Bancshares, Inc., a Pennsylvania business corporation (“National Penn”) and Sandra L. Bodnyk (the "Grantee").

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AMENDATORY AGREEMENT
Amendatory Agreement • May 9th, 2011 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

AMENDATORY AGREEMENT dated as of January 25, 2011, between NATIONAL PENN BANCSHARES, INC., a Pennsylvania business corporation (“NPB”), NATIONAL PENN BANK, a national banking association (“Bank”), and Keene S. Turner (“Executive”).

AMENDMENT TO RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • May 9th, 2011 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

This Amendment to Restricted Stock Agreement (the “Amendment”) is dated March 8, 2011, between National Penn Bancshares, Inc., a Pennsylvania business corporation (“National Penn”) and Michael J. Hughes (the "Grantee").

AMENDATORY AGREEMENT
Amendatory Agreement • May 9th, 2011 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

AMENDATORY AGREEMENT dated as of January 26, 2011, between NATIONAL PENN BANCSHARES, INC., a Pennsylvania business corporation (“NPB”), NATIONAL PENN BANK, a national banking association (“Bank”), and H. Anderson Ellsworth (“Executive”).

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