0001104659-16-100432 Sample Contracts

EXECUTIVE OFFICER CHANGE IN CONTROL SEVERANCE AGREEMENT (Joanne R. Ryder)
Severance Agreement • February 26th, 2016 • Beneficial Bancorp Inc. • Savings institutions, not federally chartered • Pennsylvania

THIS EXECUTIVE OFFICER CHANGE IN CONTROL SEVERANCE AGREEMENT originally entered into as of February 6, 2015 is hereby amended and restated in its entirety effective February 6, 2016 (the “Effective Date”) by and between BENEFICIAL BANK, a Pennsylvania chartered savings bank (the “Bank”) and JOANNE R. RYDER (the “Executive”) and BENEFICIAL BANCORP, INC., a Maryland corporation and the holding company for the Bank (the “Company”), as guarantor (the “Agreement”).

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GERARD P. CUDDY EMPLOYMENT AGREEMENT
Employment Agreement • February 26th, 2016 • Beneficial Bancorp Inc. • Savings institutions, not federally chartered • Pennsylvania

THIS AGREEMENT originally effective February 6, 2015 is hereby amended and restated in its entirety effective February 6, 2016 (the “Agreement”) by and between BENEFICIAL BANCORP, INC., a Maryland chartered corporation (the “Company”), BENEFICIAL BANK, a Pennsylvania chartered savings bank (the “Bank”), and GERARD P. CUDDY (the “Executive”).

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