0001193125-05-215878 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 4th, 2005 • Lake Shore Bancorp, Inc. • New York

This EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of , 2005 by and between LAKE SHORE BANCORP, INC., a federally-chartered corporation having an office at 128 East 4th Street, Dunkirk, New York 14048 (the “Company”) and DAVID C. MANCUSO, an individual residing at [ ] (the “Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • November 4th, 2005 • Lake Shore Bancorp, Inc. • New York

This EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of , 2005 by and between LAKE SHORE SAVINGS BANK, a federally-chartered savings bank having an office at 128 East 4th Street, Dunkirk, New York 14048 (the “Bank”) and DAVID C. MANCUSO, an individual residing at [ ] (the “Executive”).

ONE-YEAR CHANGE OF CONTROL AGREEMENT
One-Year Change of Control Agreement • November 4th, 2005 • Lake Shore Bancorp, Inc. • New York

This CHANGE OF CONTROL AGREEMENT (the “Agreement”) is made and entered into as of , 2005 by and among LAKE SHORE SAVINGS BANK, a federally-chartered savings bank having an office at 128 East 4th Street, Dunkirk, New York 14048 (the “Bank”), LAKE SHORE BANCORP, INC., a federally-chartered corporation having an office at 128 East 4th Street, Dunkirk, New York 14048 (the “Company”) and [INSERT NAME] (the “Officer”).

DIRECTORS SUPPLEMENTAL BENEFIT PLAN LAKE SHORE SAVINGS AND LOAN ASSOCIATION OCTOBER 1, 2001
Supplemental Benefit Plan • November 4th, 2005 • Lake Shore Bancorp, Inc.

This Directors Supplemental Benefit Plan (the “Plan”), executed as of the 1st day of October, 2001, formalizes the understanding by and between LAKE SHORE SAVINGS AND LOAN ASSOCATION (the “Association”), a mutual savings association, and its Directors, hereinafter referred to as “Director(s)”, who shall be eligible to participate in this Plan by execution of a Directors Supplemental Benefit Plan Joinder Agreement (“Joinder Agreement”) in a form provided by the Association.

EXECUTIVES SUPPLEMENTAL BENEFIT PLAN
Supplemental Benefit Plan • November 4th, 2005 • Lake Shore Bancorp, Inc.

This Executive Supplemental Benefit Plan (the “Plan”), executed as of the 1st day of October, 2001, formalizes the understanding by and between LAKE SHORE SAVINGS AND LOAN ASSOCIATION (the “Association”), a mutual savings association, and its Executives, hereinafter referred to as “Executive(s)”, who shall be eligible to participate in this Plan by executive of an Executives Supplemental Benefit Plan Joinder Agreement (“Joinder Agreement”) in a form provided by the Association.

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