EXECUTIVE EMPLOYMENT AGREEMENT between OCEANFIRST FINANCIAL CORP., and [BANK OFFICER FORM]Executive Employment Agreement • April 10th, 2017 • Oceanfirst Financial Corp • Savings institution, federally chartered • New Jersey
This executive employment agreement (“Agreement”), effective [•] (the “Effective Date”), is between OceanFirst Financial Corp. (“Holding Company”), the holding company of OceanFirst Bank (the “Bank,” and together with the Holding Company, the “Company”), and its successors and assigns and [•] (“Executive”) (collectively, the “Parties”). In consideration of the foregoing promises and for other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the Holding Company and Executive hereby agree to enter into an employment relationship in accordance with the terms and conditions set forth below. Capitalized terms have the meanings given to them in this Agreement or in the respective document referred to herein. In the event of a conflict between provisions of various documents, the terms of this Agreement control. The Holding Company’s obligations to the Executive will be deemed to be satisfied to the extent the Bank satisfies those obligations in e
