0001065407-08-000700 Sample Contracts

PRUDENTIAL SAVINGS BANK AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • November 25th, 2008 • Prudential Bancorp Inc of Pennsylvania • Savings institutions, not federally chartered • Pennsylvania

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) between Prudential Savings Bank, a Pennsylvania-chartered, stock-form savings bank (the “Bank” or the “Employer”), and Joseph R. Corrato (the “Executive”), is hereby amended and restated effective as of November 19, 2008.

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AMENDMENT NO. 1 TO SPLIT-DOLLAR AGREEMENT
Split-Dollar Agreement • November 25th, 2008 • Prudential Bancorp Inc of Pennsylvania • Savings institutions, not federally chartered • Pennsylvania

This Amendment No. 1, dated as of November 19, 2008 (this “Amendment”), amends the Split-Dollar Agreement between Prudential Savings Bank (formerly known as “Prudential Savings Bank, PaSA”), a Pennsylvania-chartered stock savings bank (the “Company”), and Joseph W. Packer, Jr. (the “Director”) dated June 22, 1994 (the “Agreement”).

AMENDED AND RESTATED POST RETIREMENT AGREEMENT DATED NOVEMBER 19, 2008
Retirement Agreement • November 25th, 2008 • Prudential Bancorp Inc of Pennsylvania • Savings institutions, not federally chartered • Pennsylvania

This Amended and Restated Post Retirement Agreement (hereinafter referred to as the “Amended Retirement Agreement”) is made this 19th day of November 2008, by and between Prudential Savings Bank (hereinafter referred to as “Prudential” or the “Bank”) and Joseph W. Packer, Jr. (hereinafter referred to as “Mr. Packer”).

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