0001188112-07-000684 Sample Contracts

LOAN AGREEMENT
Loan Agreement • March 14th, 2007 • Beneficial Mutual Bancorp Inc • Pennsylvania

THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the ___ day of ______________, 2007, by and between the BENEFICIAL MUTUAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Beneficial Mutual Savings Bank Employee Stock Ownership Plan (“ESOP”); and BENEFICIAL MUTUAL BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of the United States of America.

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FORM OF EMPLOYMENT AGREEMENT
Employment Agreement • March 14th, 2007 • Beneficial Mutual Bancorp Inc • Pennsylvania

THIS AGREEMENT (the “Agreement”), made this _____ day of _________, 2007, by and between BENEFICIAL MUTUAL BANCORP, INC., a Pennsylvania-chartered corporation (the “Company”), BENEFICIAL MUTUAL SAVINGS BANK, a federally chartered savings bank (the “Bank”), and _____________ (the “Executive”).

TRUST AGREEMENT BETWEEN BENEFICIAL MUTUAL SAVINGS BANK AND FOR THE BENEFICIAL MUTUAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST Effective as of _______________, 2007
Trust Agreement • March 14th, 2007 • Beneficial Mutual Bancorp Inc • Pennsylvania

THIS TRUST AGREEMENT dated _____________, 2007 BETWEEN, Beneficial Mutual Savings Bank, with its administrative office at 510 Walnut Street, Philadelphia, Pennsylvania 19106 (hereinafter called the “Company”), and [_____________________] with its administrative office at [______________________] (hereinafter called the “Trustee”).

AGREEMENT AND PLAN OF MERGER BY AND AMONG BENEFICIAL SAVINGS BANK MHC BENEFICIAL MUTUAL BANCORP, INC. AND BENEFICIAL MUTUAL SAVINGS BANK AND FMS FINANCIAL CORPORATION AND FARMERS AND MECHANICS BANK DATED AS OF OCTOBER 12, 2006
Agreement and Plan of Merger • March 14th, 2007 • Beneficial Mutual Bancorp Inc • Pennsylvania

THIS AGREEMENT AND PLAN OF MERGER, dated as of October 12, 2006, by and among Beneficial Savings Bank, MHC, a federally chartered mutual holding company, Beneficial Mutual Bancorp, Inc., a federally chartered mid-tier holding company and wholly owned subsidiary of Beneficial MHC, Beneficial Mutual Savings Bank, a Pennsylvania-chartered savings bank and wholly owned subsidiary of Bancorp, FMS Financial Corporation, a New Jersey chartered corporation and savings and loan holding company, and Farmers and Mechanics Bank, a federally chartered savings bank and wholly owned subsidiary of FMS.

FORM OF BENEFICIAL MUTUAL SAVINGS BANK CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 14th, 2007 • Beneficial Mutual Bancorp Inc • Pennsylvania

This AGREEMENT (“Agreement”) is hereby entered into as of __________, 2007, by and between BENEFICIAL MUTUAL SAVINGS BANK (the “Bank”), a Pennsylvania-chartered savings bank, with its principal offices at 510 Walnut Street, 19th Floor, Philadelphia, Pennsylvania 19106, ________________ (“Executive”), and BENEFICIAL MUTUAL BANCORP, INC. (the “Company”), the holding company of the Bank, as guarantor.

BENEFICIAL MUTUAL SAVINGS BANK ELECTIVE DEFERRED COMPENSATION PLAN AS AMENDED AND RESTATED EFFECTIVE AS OF JANUARY 1, 2004
Deferred Compensation Plan • March 14th, 2007 • Beneficial Mutual Bancorp Inc • 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 (“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 Plan but have been curtailed by application of:

SENIOR MANAGEMENT AGREEMENT BY AND BETWEEN BENEFICIAL INSURANCE SERVICES, LLC AND ROBERT J. BUSH
Senior Management Agreement • March 14th, 2007 • Beneficial Mutual Bancorp Inc • Pennsylvania

SENIOR MANAGEMENT AGREEMENT (the “Agreement”), dated as of January 14, 2005, (the “Effective Date”) by and among Beneficial Insurance Services, LLC (the “Company”), Beneficial Mutual Savings Bank (“BSB”), solely as its obligations relate to Section 14 hereof, and Robert J. Bush (the “Executive”).

Contract
Agreement • March 14th, 2007 • Beneficial Mutual Bancorp Inc • Pennsylvania

The Salary Continuation Agreements between Beneficial Mutual Savings Bank (the “Bank”) Joseph F. Conners, Paul R. Driscoll, Andrew Miller, George W. Nise and Robert W. Keddie, Jr. (collectively, the “Executives”) are substantially identical except that:

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