0001144204-09-017507 Sample Contracts

PAUL D. RUTKOWSKI BANK EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 2009 • Polonia Bancorp • Savings institution, federally chartered • Pennsylvania

THIS AGREEMENT originally entered into on the 11th day of January, 2007 (the “Agreement”), (the “Effective Date”), by and between POLONIA BANK, a federally chartered savings bank (the “Bank”), and PAUL D. RUTKOWSKI (the “Executive”), is amended and restated in its entirety as of December 16, 2008.

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AMENDED AND RESTATED ANTHONY J. SZUSZCZEWICZ COMPANY EMPLOYMENT AGREEMENT
Company Employment Agreement • March 31st, 2009 • Polonia Bancorp • Savings institution, federally chartered • Pennsylvania

THIS AGREEMENT originally entered into on the 11th day of January, 2007 (the “Agreement”) (the “Effective Date”), by and between POLONIA BANCORP, a federally chartered corporation (the “Company”), and ANTHONY J. SZUSZCZEWICZ (the “Executive”) is amended and restated in its entirety as of December 16, 2008.

AMENDED AND RESTATED KENNETH J. MALISZEWSKI BANK EMPLOYMENT AGREEMENT
Bank Employment Agreement • March 31st, 2009 • Polonia Bancorp • Savings institution, federally chartered • Pennsylvania

THIS AGREEMENT originally entered into on the 11th day of January, 2007 (the “Agreement”) (the “Effective Date”), by and between POLONIA BANK, a federally chartered savings bank (the “Bank”), and KENNETH J. MALISZEWSKI (the “Executive”) is amended and restated in its entirety as of December 16, 2008.

FORM OF Amendment to the Supplemental Executive Retirement Plan Participation Agreement
Participation Agreement • March 31st, 2009 • Polonia Bancorp • Savings institution, federally chartered

This Amendment to the Supplemental Executive Retirement Plan Participation Agreement (the “Participation Agreement”) is entered into as of December 16, 2008, by and between Polonia Bank and (referred to as the “Bank ”), and [name] (the “Participant”).

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