0001104659-05-002673 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • January 26th, 2005 • Chester Valley Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

THIS EMPLOYMENT AGREEMENT is dated as of January 20, 2005 and is between Willow Grove Bancorp, Inc., a Pennsylvania corporation (the “Corporation”), Willow Grove Bank, a federally chartered savings bank and a wholly owned subsidiary of the Corporation (the “Bank”), and Donna M. Coughey (the “Executive”).

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RETIREMENT AND SEVERANCE AGREEMENT
Retirement and Severance Agreement • January 26th, 2005 • Chester Valley Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

This Retirement and Severance Agreement (the “Agreement”) is made this 20th day of January, 2005, by and among Frederick A. Marcell Jr. (the “Executive”), Willow Grove Bancorp, Inc., a Pennsylvania corporation (the “Company”), and its wholly owned subsidiary, Willow Grove Bank, a federally chartered savings bank (the “Bank”).

EMPLOYMENT AGREEMENT
Employment Agreement • January 26th, 2005 • Chester Valley Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

THIS EMPLOYMENT AGREEMENT is dated as of January 20, 2005 and is between Willow Grove Bank, a federally chartered savings bank (the “Bank”), and G. Richard Bertolet (the “Executive”).

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