0001193125-12-000334 Sample Contracts

CHANGE OF CONTROL EMPLOYMENT AGREEMENT
Change of Control Employment Agreement • January 3rd, 2012 • Suffolk Bancorp • National commercial banks • New York

CHANGE OF CONTROL EMPLOYMENT AGREEMENT, dated as of the 30 day of December, 2011 (this “Agreement”), by and among (i) The Suffolk County National Bank (hereinafter referred to as “Bank”), a National Banking Association, a wholly owned subsidiary of Suffolk Bancorp (hereinafter referred to as “Company”), a New York Corporation, (ii) the Company and (iii) Howard C. Bluver (“Executive”).

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SUFFOLK BANCORP NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • January 3rd, 2012 • Suffolk Bancorp • National commercial banks • New York

THIS OPTION AGREEMENT (this “Agreement”), dated as of December 30, 2011 (the “Grant Date”), is made by and between Suffolk Bancorp, a New York corporation (the “Company”), and Howard C. Bluver (“Participant”).

SEPARATION AGREEMENT
Separation Agreement • January 3rd, 2012 • Suffolk Bancorp • National commercial banks • New York

THIS SEPARATION AGREEMENT (the “Agreement”) is entered into between Suffolk County National Bank, a New York corporation, (the “Company”) and J. Gordon Huszagh (the “Employee”), (collectively, the “Parties” or individually, a “Party”) dated as of the 30th day of December, 2011.

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