0001193125-07-072887 Sample Contracts

LAKE SHORE BANCORP, INC.
Stock Option Agreement • April 3rd, 2007 • Lake Shore Bancorp, Inc. • Savings institution, federally chartered

This Stock Option Agreement is intended to set forth the terms and conditions on which a Stock Option has been granted under the Lake Shore Bancorp, Inc. 2006 Stock Option Plan. Set forth below are the specific terms and conditions applicable to this Stock Option. Attached as Exhibit A are its general terms and conditions.

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