AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • February 1st, 2008 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania
This AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of January 28, 2008 by and among Keystone Nazareth Bank & Trust Company (“KNBT Bank”), KNBT Bancorp, Inc. (“KNBT”), National Penn Bank (the “Bank”), National Penn Bancshares, Inc. (the “Company”) (the Bank and the Company are collectively referred to as the “Employer”), and Scott V. Fainor (the “Executive”) and shall become effective as of the Effective Time (as defined below) and shall supersede, as of the Effective Time, any and all agreements relating to the matters contained herein.
ContractPerformance Share Award Cancellation Agreement • February 1st, 2008 • KNBT Bancorp Inc • Savings institutions, not federally chartered
ContractCompensatory Stock Option Agreement • February 1st, 2008 • KNBT Bancorp Inc • Savings institutions, not federally chartered
