0001193125-21-075970 Sample Contracts

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 10th, 2021 • Blue Foundry Bancorp • New Jersey

This Change in Control Agreement (the “Agreement”) is made effective as of the 5th day of March, 2021 (the “Effective Date”), by and between Blue Foundry Bank, a New Jersey-chartered stock savings bank (the “Bank”) and Elizabeth Miller (the “Executive”). Any reference to the “Company” shall mean Blue Foundry Bancorp, Inc., the holding company of the Bank.

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BLUE FOUNDRY BANK EXECUTIVE DEFERRED COMPENSATION AGREEMENT
Executive Deferred Compensation Agreement • March 10th, 2021 • Blue Foundry Bancorp • New Jersey

THIS EXECUTIVE DEFERRED COMPENSATION AGREEMENT (the “Agreement”) is made and entered into effective as of December 1, 2020, by and between BLUE FOUNDRY BANK (the “Bank”) and JAMES D. NESCI (the “Executive”).

November 23, 2020
Blue Foundry Bancorp • March 10th, 2021 • Virginia

This letter sets forth the agreement between Blue Foundry Bank, Rutherford, New Jersey (the “Bank”), the wholly-owned subsidiary of Blue Foundry Bancorp (the “Company”), which in turn is the subsidiary of Blue Foundry, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the conversion transaction by the Bank. The scope, timing and fee structure for these appraisal services are described below.

FORM OF EMPLOYMENT AGREEMENT
Form of Employment Agreement • March 10th, 2021 • Blue Foundry Bancorp • New Jersey

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made between Blue Foundry Bank (the “Bank”), a New Jersey savings bank and James Nesci, an individual (the “Executive”) (hereinafter, collectively referred to as the “Parties”). Any reference in this Agreement to the “Company” means Blue Foundry Bancorp, a Delaware corporation and the holding company of the Bank.

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