AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • March 31st, 2009 • Colonial Bankshares Inc • National commercial banks • New Jersey
This Amended and Restated Employment Agreement is made effective as of the 18th day of December, 2008 (the “Effective Date”) by and between Colonial Bank, F.S.B. (the “Bank”), a federally chartered stock savings bank, with its principal administrative office at 85 West Broad Street, Bridgeton, New Jersey 08302, and L. Joseph Stella, III (“Executive”). Any reference to the “Company” shall mean Colonial Bankshares, inc., a federal mid-tier stock holding company, which owns 100% of the common stock of the Bank.
