RETENTION AGREEMENTRetention Agreement • November 8th, 2006 • Pennfed Financial Services Inc • Savings institution, federally chartered • New York
This Retention Agreement (the “Agreement”) is made and entered into on November 2, 2006 (but effective at the time specified in Section 1 below) by and between New York Community Bank (the “Bank”) and Joseph L. LaMonica, an individual (the “Employee”).
NONCOMPETlTION AGREEMENTNoncompetltion Agreement • November 8th, 2006 • Pennfed Financial Services Inc • Savings institution, federally chartered • New York
This Noncompetition Agreement (the “Agreement”) is entered into as of November 2, 2006 (but effective immediately following the consummation of the Merger (as such term is defined below) by and between New York Community Bancorp, Inc. (“NYB”) and Joseph L. LaMonica (the “Employee”).
November 2, 2006 Patrick D. McTernan West Orange, NJ 07052-2989 Dear Mr. McTernan:Pennfed Financial Services Inc • November 8th, 2006 • Savings institution, federally chartered • New York
In connection with the anticipated merger (the “Merger”) of PennFed Financial Services, Inc. (the “Company”) with and into New York Community Bancorp, Inc. (“NYB”) as contemplated by the Agreement and Plan of Merger, dated as of November 2, 2006, by and between NYB and the Company (the “Merger Agreement”), which is entered into as of today, the Company, NYB and you hereby enter into this agreement (this “Agreement”). Capitalized terms used but not otherwise defined in this Agreement shall have the meaning set forth in the Merger Agreement.
November 2, 2006 Claire M. Chadwick West Orange, NJ 07052-2989 Dear Ms. Chadwick:Pennfed Financial Services Inc • November 8th, 2006 • Savings institution, federally chartered • New York
In connection with the anticipated merger (the “Merger”) of PennFed Financial Services, Inc. (the “Company”) with and into New York Community Bancorp, Inc. (“NYB”) as contemplated by the Agreement and Plan of Merger, dated as of November 2, 2006, by and between NYB and the Company (the “Merger Agreement”), which is entered into as of today, the Company, NYB and you hereby enter into this agreement (this “Agreement”). Capitalized terms used but not otherwise defined in this Agreement shall have the meaning set forth in the Merger Agreement.
November 2, 2006 Maria F. Magurno West Orange, NJ 07052-2989 Dear Ms. Magurno:Pennfed Financial Services Inc • November 8th, 2006 • Savings institution, federally chartered • New York
In connection with the anticipated merger (the “Merger”) of PennFed Financial Services, Inc. (the “Company”) with and into New York Community Bancorp, Inc. (“NYB”) as contemplated by the Agreement and Plan of Merger, dated as of November 2, 2006, by and between NYB and the Company (the “Merger Agreement”), which is entered into as of today, the Company, NYB and you hereby enter into this agreement (this “Agreement”). Capitalized terms used but not otherwise defined in this Agreement shall have the meaning set forth in the Merger Agreement.
AMENDMENT NO. FIVE TO THE STOCKHOLDER PROTECTION RIGHTS AGREEMENT dated as of March 21, 1996 between PENNFED FINANCIAL SERVICES, INC. and REGISTRAR AND TRANSFER COMPANY as Rights AgentStockholder Protection Rights Agreement • November 8th, 2006 • Pennfed Financial Services Inc • Savings institution, federally chartered
WHEREAS, the purpose of this document (this “Amendment”) is to amend the Stockholder Protection Rights Agreement between PennFed Financial Services, Inc., a Maryland corporation, as successor by merger to PennFed Financial Services, Inc., a Delaware corporation, and Registrar and Transfer Company, as Rights Agent (the “Rights Agreement”); and
