0001193125-12-275534 Sample Contracts

Option Award Agreement with Patricia M. Schaubeck SUFFOLK BANCORP FORM OF INCENTIVE STOCK OPTION AGREEMENT
Option Award Agreement • June 19th, 2012 • Suffolk Bancorp • National commercial banks • New York

THIS OPTION AGREEMENT (this “Agreement”), dated as of June 18, 2012 (the “Grant Date”), is made by and between Suffolk Bancorp, a New York corporation (the “Company”), and Patricia M. Schaubeck (“Participant”).

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Change of Control Agreement with Patricia M. Schaubeck CHANGE OF CONTROL EMPLOYMENT AGREEMENT
Control Employment Agreement • June 19th, 2012 • Suffolk Bancorp • National commercial banks • New York

CHANGE OF CONTROL EMPLOYMENT AGREEMENT, dated as of the 18th day of June 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) Patricia M. Schaubeck (“Executive”).

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