0001193125-05-029673 Sample Contracts

NORTH PENN BANK AND NORTH PENN BANCORP, INC. FORM OF EMPLOYMENT AGREEMENT
Employment Agreement • February 15th, 2005 • North Penn Bancorp, Inc. • Savings institution, federally chartered • Pennsylvania

This AGREEMENT (“Agreement”) is made effective as of , 2005 by and among North Penn Bank (the “Bank”), a Pennsylvania state-chartered savings bank, with its principal administrative office at 216 Adams Avenue, Scranton, Pennsylvania 18503; North Penn Bancorp, Inc., a corporation organized under the laws of the Commonwealth of Pennsylvania, the holding company for the Bank (the “Holding Company”); and Theresa Yocum (“Executive”).

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