Change in Control, Severance and Employment Agreement Sample Contracts

BACKGROUND
Change in Control, Severance and Employment Agreement • March 31st, 2000 • Hudson United Bancorp • State commercial banks • New Jersey
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CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR JAMES MAYO
Change in Control, Severance and Employment Agreement • March 14th, 2003 • Hudson United Bancorp • State commercial banks • New Jersey

THIS CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT (the "Agreement"), is made this 30th day of January, 2002, between Hudson United Bancorp and Hudson United Bank (collectively the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard., Mahwah, New Jersey and James Mayo (the "Executive").

CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT
Change in Control, Severance and Employment Agreement • December 30th, 2008 • Lakeland Bancorp Inc • State commercial banks • New Jersey

THIS CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT (the “Agreement”), is made as of November 24, 2008, among Lakeland Bancorp, Inc. (the “Holding Company”), a New Jersey corporation with headquarters at 250 Oak Ridge Road, Oak Ridge, New Jersey 07438, Lakeland Bank (the “Bank”), a New Jersey chartered commercial bank, with headquarters at 250 Oak Ridge Road, Oak Ridge, New Jersey 07438 (the Holding Company and the Bank are collectively referred to herein as the “Company”), and David S. Yanagisawa (the “Executive”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR JAMES RUDGERS
Change in Control, Severance and Employment Agreement • November 5th, 2003 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for James Rudgers (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and James Rudgers (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for James Rudgers, which was made effective as of February 13, 2003 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR D. LYNN VAN BORKULO-NUZZO
Change in Control, Severance and Employment Agreement • March 15th, 2004 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for D. Lynn Van Borkulo-Nuzzo (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and D. Lynn Van Borkulo-Nuzzo (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for D. Lynn Van Borkulo-Nuzzo, which was made effective as of October 1, 2002 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR JAMES MAYO
Change in Control, Severance and Employment Agreement • March 15th, 2004 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for James Mayo (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and James Mayo (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for James Mayo, which was made effective as of January 30, 2002 (the “Agreement”).

CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR KENNETH T. NEILSON (Single Trigger; Gross-Up)
Change in Control, Severance and Employment Agreement • March 14th, 2003 • Hudson United Bancorp • State commercial banks • New Jersey

THIS CHANGE IN CONTROL SEVERANCE AND EMPLOYMENT AGREEMENT (the “Agreement”), is made this 1st day of January, 1997, among HUBCO, Inc. (“HUBCO”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard., Mahwah, New Jersey, HUDSON UNITED BANK (the “Bank”), a New Jersey chartered commercial bank, with an office at 1000 MacArthur Boulevard., Mahwah, New Jersey (HUBCO and the Bank collectively are referred to herein as the “Company”) and KENNETH T. NEILSON (the “Executive”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR KENNETH T. NEILSON
Change in Control, Severance and Employment Agreement • November 5th, 2003 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for Kenneth T. Neilson (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and Kenneth T. Neilson (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for Kenneth T. Neilson, which was made effective as of January 1, 1997 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR THOMAS J. SHARA
Change in Control, Severance and Employment Agreement • March 15th, 2004 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for Thomas J. Shara (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and Thomas J. Shara (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for Thomas J. Shara, which was made effective as of October 1, 2002 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR JAMES MAYO
Change in Control, Severance and Employment Agreement • November 5th, 2003 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for James Mayo (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and James Mayo (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for James Mayo, which was made effective as of January 30, 2002 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR D. LYNN VAN BORKULO-NUZZO
Change in Control, Severance and Employment Agreement • November 5th, 2003 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for D. Lynn Van Borkulo-Nuzzo (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and D. Lynn Van Borkulo-Nuzzo (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for D. Lynn Van Borkulo-Nuzzo, which was made effective as of October 1, 2002 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR THOMAS R. NELSON
Change in Control, Severance and Employment Agreement • November 5th, 2003 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for Thomas R. Nelson (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and Thomas R. Nelson (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for Thomas R. Nelson, which was made effective as of October 1, 2002 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR THOMAS J. SHARA
Change in Control, Severance and Employment Agreement • November 5th, 2003 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for Thomas J. Shara (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and Thomas J. Shara (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for Thomas J. Shara, which was made effective as of October 1, 2002 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR KENNETH T. NEILSON
Change in Control, Severance and Employment Agreement • March 15th, 2004 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for Kenneth T. Neilson (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and Kenneth T. Neilson (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for Kenneth T. Neilson, which was made effective as of January 1, 1997 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR JAMES RUDGERS
Change in Control, Severance and Employment Agreement • March 15th, 2004 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for James Rudgers (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and James Rudgers (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for James Rudgers, which was made effective as of February 13, 2003 (the “Agreement”).

AMENDMENT TO THE CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT FOR THOMAS R. NELSON
Change in Control, Severance and Employment Agreement • March 15th, 2004 • Hudson United Bancorp • State commercial banks

This Amendment to the Change in Control, Severance and Employment Agreement for Thomas R. Nelson (the “Amendment”), is made this 17th day of September, 2003, between Hudson United Bancorp and Hudson United Bank (collectively, the “Company”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard, Mahwah, New Jersey, and Thomas R. Nelson (the “Executive”), and amends the Change in Control, Severance and Employment Agreement for Thomas R. Nelson, which was made effective as of October 1, 2002 (the “Agreement”).

CHANGE IN CONTROL, SEVERANCE AND EMPLOYMENT AGREEMENT D. LYNN VAN BORKULO-NUZZO
Change in Control, Severance and Employment Agreement • March 14th, 2003 • Hudson United Bancorp • State commercial banks • New Jersey

THIS CHANGE IN CONTROL SEVERANCE AND EMPLOYMENT AGREEMENT (the “Agreement”), is made this 1st day of October, 2002, among HUDSON UNITED BANCORP (“HUB”), a New Jersey corporation which maintains its principal office at 1000 MacArthur Boulevard., Mahwah, New Jersey, HUDSON UNITED BANK (the “Bank”), a New Jersey chartered commercial bank, with an office at 1000 MacArthur Boulevard., Mahwah, New Jersey (HUB and the Bank collectively are referred to herein as the “Company”) and D. LYNN VAN BORKULO-NUZZO (the “Executive”).

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