0001299933-05-000386 Sample Contracts

AMENDMENT NUMBER 1

Employment Agreement • January 27th, 2005 • KNBT Bancorp Inc • Savings institutions, not federally chartered

• Contract Type
  Employment Agreement
• Filed
  January 27th, 2005
• Company
  KNBT Bancorp Inc
• Industry
  Savings institutions, not federally chartered

WHEREAS, in connection with the entering into of the Agreement and Plan of Merger between Keystone Savings Bank (now known as Keystone Nazareth Bank & Trust Company) (the ”Bank”) and First Colonial Group, Inc. (“First Colonial”) (the “Merger Agreement”), the Bank and Scott V. Fainor (the “Executive”) entered into an Employment Agreement dated March 5, 2003 (referred to hereinafter as the “Agreement”);