0001005409-04-000005 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 11th, 2004 • Dime Community Bancshares Inc • Savings institution, federally chartered • New York

This EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of January 1, 2003, by and between Dime Community Bancshares, Inc., a savings and loan holding company organized and operating under the laws of the State of Delaware and having an office at 209 Havemeyer Street, Brooklyn, New York 11211 (“Company”) and Vincent F. Palagiano ("Mr. Palagiano").

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EMPLOYMENT AGREEMENT
Employment Agreement • March 11th, 2004 • Dime Community Bancshares Inc • Savings institution, federally chartered • New York

This EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of January 1, 2003, by and between Dime Community Bancshares, Inc., a savings and loan holding company organized and operating under the laws of the State of Delaware and having an office at 209 Havemeyer Street, Brooklyn, New York 11211 (“Company”) and Kenneth J. Mahon ("Mr. Mahon").

EMPLOYMENT AGREEMENT
Employment Agreement • March 11th, 2004 • Dime Community Bancshares Inc • Savings institution, federally chartered • New York

This EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of January 1, 2003, by and between Dime Community Bancshares, Inc., a savings and loan holding company organized and operating under the laws of the State of Delaware and having an office at 209 Havemeyer Street, Brooklyn, New York 11211 (“Company”) and Michael P. Devine ("Mr. Devine").

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