0001193125-06-143215 Sample Contracts

FORM OF ESOP LOAN AGREEMENT
Esop Loan Agreement • July 7th, 2006 • Polonia Bancorp • Pennsylvania

THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2006, by and between the POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Polonia Bank Employee Stock Ownership Plan (“ESOP”); and POLONIA BANCORP (“Lender”), a corporation organized and existing under the laws of the United States of America.

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FORM OF COMPANY EMPLOYMENT AGREEMENT
Company Employment Agreement • July 7th, 2006 • Polonia Bancorp • Pennsylvania

THIS AGREEMENT (the “Agreement”) made this day of , 2006, by and between POLONIA BANCORP, a federally chartered corporation (the “Company”), and (the “Executive”).

FORM OF BANK EMPLOYMENT AGREEMENT
Bank Employment Agreement • July 7th, 2006 • Polonia Bancorp • Pennsylvania

THIS AGREEMENT (the “Agreement”), made this day of , 2006, by and between POLONIA BANK, a federally chartered savings bank (the “Bank”), and (the “Executive”).

FORM OF TRUST AGREEMENT BETWEEN POLONIA BANK AND [TRUSTEE] FOR THE POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST Effective as of , 2006
Trust Agreement • July 7th, 2006 • Polonia Bancorp • Pennsylvania

This TRUST AGREEMENT dated as of , 2006 between POLONIA BANK, with its administrative office at 3993 Huntingdon Valley Pike, Suite 300, Huntingdon Valley, Pennsylvania 19006 (hereinafter called the “Company”), and [TRUSTEE] with its administrative office at (hereinafter called the “Trustee”).

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