BENEFICIAL MUTUAL SAVINGS BANK EMPLOYMENT AGREEMENTEmployment Agreement • February 27th, 2013 • Beneficial Mutual Bancorp Inc • Savings institution, federally chartered • Pennsylvania
CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • February 27th, 2013 • Beneficial Mutual Bancorp Inc • Savings institution, federally chartered • Pennsylvania
THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (the “Agreement”) is entered into as of June 8, 2012, by and between BENEFICIAL MUTUAL SAVINGS BANK, a federally-chartered savings bank (the “Bank”) with its principal office at 510 Walnut Street, Philadelphia, PA 19106 and PAMELA M. CYR (the “Executive”) and BENEFICIAL MUTUAL BANCORP, INC., the holding company for the Bank (the “Company”), as guarantor.
BENEFICIAL MUTUAL SAVINGS BANK ELECTIVE DEFERRED COMPENSATION PLAN AS AMENDED AND RESTATED EFFECTIVE AS OF JANUARY 1, 2012Elective Deferred Compensation Plan • February 27th, 2013 • Beneficial Mutual Bancorp Inc • Savings institution, federally chartered • Pennsylvania
The purpose of this Elective Deferred Compensation Plan (hereinafter referred to as the “Plan”) is to permit a select group of management or highly compensated employees of Beneficial Mutual Savings Bank and its affiliates as described herein (the “Employer”) to elect to defer compensation and to provide for the distribution of benefits at the time and in the manner described herein. The Plan is designed to allow these employees to maximize their ability to save on a tax-deferred basis and providing such key employees those benefits that would have been available under the Beneficial Mutual Savings Bank Employees’ Savings and Stock Ownership Plan but have been curtailed by application of - -
