0001193125-12-368420 Sample Contracts

SEPARATION AGREEMENT
Separation Agreement • August 24th, 2012 • Provident New York Bancorp • Savings institutions, not federally chartered • New York

THIS SEPARATION AGREEMENT (this “Agreement”) is made and entered into as of August 23, 2012 by and among Richard O. Jones (“Executive”), Provident Bank (the “Bank”) and Provident New York Bancorp (“Parent”; and together with the Bank, the “Company”). The Company, Parent and Executive are sometimes referred to collectively herein as “the Parties.”

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