0001299933-05-004960 Sample Contracts

KNBT BANCORP, INC. EXECUTIVE ANNUAL INCENTIVE PLAN PERFORMANCE AGREEMENT [____ Grants]
Executive Annual Incentive Plan Performance Agreement • September 29th, 2005 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

KNBT Bancorp, Inc. (“KNBT”), pursuant to the terms and in accordance with the KNBT Bancorp, Inc. Executive Annual Incentive Plan (the “Plan”), hereby grants to (“Officer”) an Incentive Award under the terms set forth in this Performance Agreement (“Agreement”), effective as of 20 :

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