0001193125-12-111178 Sample Contracts

Change of Control Employment Agreement with Michael R. Orsino, Executive Vice President and Chief Lending Officer CHANGE OF CONTROL EMPLOYMENT AGREEMENT
Change of Control Employment Agreement • March 13th, 2012 • Suffolk Bancorp • National commercial banks • New York

CHANGE OF CONTROL EMPLOYMENT AGREEMENT, dated as of the 8th day of March, 2012 (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) Michael R. Orsino (“Executive”).

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Option Award Agreement with Michael R. Orsino, Executive Vice President and Chief Lending Officer SUFFOLK BANCORP NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • March 13th, 2012 • Suffolk Bancorp • National commercial banks • New York

THIS OPTION AGREEMENT (this “Agreement”), dated as of March 9, 2012 (the “Grant Date”), is made by and between Suffolk Bancorp, a New York corporation (the “Company”), and Michael R. Orsino (“Participant”).

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