0001193125-06-002735 Sample Contracts

MODIFICATION OF AGREEMENT OF LEASE
Modification of Agreement of Lease • January 6th, 2006 • Community Partners Bancorp • State commercial banks • New Jersey

THIS MODIFICATION OF AGREEMENT OF LEASE, made as of this 15th day of October, 2005, by and between CONJOE REALTY INC., having its principal place of business located at c/o Robert Papandrea 54 Dock Watch Hollow, Warren, New Jersey 07059 (hereinafter referred to as “Landlord”) and THE TOWN BANK, having its principal place of business at 520 South Ave., Westfield, New Jersey 07091 (hereinafter referred to as “Tenant”).

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SECOND AMENDMENT TO SEVERANCE AGREEMENT MADE AS OF DECEMBER 4, 2002
Severance Agreement • January 6th, 2006 • Community Partners Bancorp • State commercial banks

Edwin Wojtaszek (the “Employee”) and Town Bank, formerly known as The Town Bank of Westfield (the “Bank”) have previously entered into a Severance Agreement made as of December 4, 2002, as amended (the “Agreement”). The parties have agreed that the term of that Agreement should be extended and, accordingly, agree:

Retention Agreement
Retention Agreement • January 6th, 2006 • Community Partners Bancorp • State commercial banks

This Retention Agreement (the “Agreement”), is dated as of December 16, 2005, by and among The Town Bank (“TBW”), a New Jersey banking corporation the principal business address of which is 520 South Avenue, Westfield, NJ 07090; Community Partners Bancorp (“CPB”), a New Jersey business corporation in formation, the principal address of which is c/o Two River Community Bank, 1250 Highway 35 South, Middletown, NJ 07748; and Nicholas A. Frungillo, Jr. (“Mr. Frungillo”), an individual whose address is 1571 Rising Way, Mountainside, NJ07092.

SECOND AMENDMENT TO SEVERANCE AGREEMENT MADE AS OF DECEMBER 4, 2002
Severance Agreement • January 6th, 2006 • Community Partners Bancorp • State commercial banks

Robert W. Dowens, Sr. (the “Employee”) and Town Bank, formerly known as The Town Bank of Westfield (the “Bank”) have previously entered into a Severance Agreement made as of December 4, 2002, as amended (the “Agreement”). The parties have agreed that the term of that Agreement should be extended and, accordingly, agree:

SECOND AMENDMENT TO SEVERANCE AGREEMENT MADE AS OF DECEMBER 4, 2002
Severance Agreement • January 6th, 2006 • Community Partners Bancorp • State commercial banks

Nicholas A. Frungillo, Jr. (the “Employee”) and Town Bank, formerly known as The Town Bank of Westfield (the “Bank”) have previously entered into a Severance Agreement made as of December 4, 2002, as amended (the “Agreement”). The parties have agreed that the term of that Agreement should be extended and, accordingly, agree:

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