Additional Benefits. If there is a Covered Termination and the Executive is entitled to Accrued Benefits and the Termination Payment, then the Executive shall be entitled to the following additional benefits:

Additional Benefits-Related Payment. A lump sum cash payment that will be made regardless of whether Executive elects continuation coverage under the terms of the Company’s medical benefit plan pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”) for Executive and/or Executive’s eligible dependents. The payment will equal eighteen (18) times the initial monthly COBRA premium that Executive would need to pay for COBRA continuation coverage (at the coverage levels in effect immediately prior to Executive’s termination). Such payment shall be treated as taxable income to Executive. For the avoidance of doubt, the taxable payment may be used for any purpose, including, but not limited to, continuation coverage under COBRA, and will be subject to all applicable tax withholdings.

Parent’s compensation committee shall approve, effective on the Commencement Date, a grant of Restricted Stock Units (“RSU”) under an equity incentive plan of Parent with value equal to $1,200,000, with the exact number of RSUs to be equal to such value divided by the closing price of Parent’s common stock as quoted on Nasdaq on the close of trading on the Commencement Date. One-third of such RSUs will vest on each anniversary of the Commencement Date, subject to Employee’s continued service.

In addition to the benefits described above in this Section 5, during the Employment Term, the Company shall # pay for the premium payments incurred in providing the Employee with a term life insurance policy during the Employment Term in the amount of $1,000,000 and # pay or reimburse the Employee for actual, properly substantiated expenses incurred by the Employee in connection with an annual physical examination in an amount not to exceed $2,000 annually.

Additional Benefits. Bank maintains a life insurance policy on the life of Executive (New York Life Policy No. [[Identifier]]) (the “Policy”). The Policy is owned by and is transferrable at the election of Executive. Bank shall pay all premiums associated with the Policy during the term hereof. Bank’s portion of the premium will be included in Executive’s compensation. Executive shall be entitled to all other benefits of employment provided to the other officers of Bank on the same terms as such benefits are generally available. Including, but not limited to health insurance and similar employee benefits.

Additional Benefits. In addition to payment of the Accrued Amounts as set forth in Section 1 of this Agreement, in consideration for signing this Agreement and in exchange for the promises, covenants and waivers set forth herein, generally as if your employment had been terminated by the Company without Cause (as defined in the Employment Agreement), # the Company will pay you severance benefits equal to 12 months of your current base salary (i.e., $275,000), payable in a lump sum in accordance with the Company's regular payroll practices, # a pro rata target bonus for 2020 (i.e., $110,000) and awarded but unpaid performance bonus for the year ended December 31, 2019 (i.e., $50,000), # during the 12-month period commencing immediately after the Separation Date and subject to your timely and proper election of COBRA benefits, monthly reimbursement to you for the costs of maintaining coverage for health benefits at the current levels of benefits in effect for you immediately prior to the Separation Date (including family coverage, if such coverage was in effect immediately prior to the Separation Date), # any outstanding unvested time-based restricted stock units previously March 16, 2020 Page 2 – [[Person A:Person]]

Additional Benefits. If there is a Covered Termination and the Executive is entitled to Accrued Benefits and the Termination Payment, then the Company shall provide to the Executive the following additional benefits:

ESSOP-Related Benefits. With respect to each calendar year, to the extent an Executive’s “Compensation” for purposes of the ESSOP exceeds the applicable compensation limit contained in Code [Section 401(a)(17)] for such calendar year, the Executive’s Account (as described in Section 4.1(c), below) shall be credited with an amount equal to 7% of such excess. In addition, if the Executive made contributions to the Deferred Compensation Plan during such calendar year that were not included in the Executive’s “Compensation” for purposes of the ESSOP, the Executive’s Account shall be credited with an amount equal to 7% of the Executive’s contributions to the Deferred Compensation Plan during such calendar year. Notwithstanding the foregoing, the amount of the Executive’s ESSOP-related benefit under this Plan determined with respect to the first calendar year in which he or she is eligible to participate in the Plan shall be calculated as if the Executive first began participating in the ESSOP and in this Plan on the date on which the Administration Committee determined that the Executive was eligible to participate in this Plan, and any limits (prorated as necessary) on the amount of compensation considered under the ESSOP or on the maximum benefit amount for such calendar year shall be imposed only on the amounts earned by the Executive after such date.

Additional Benefits-Related Payment. A lump sum cash payment that will be made regardless of whether Executive elects continuation coverage under the terms of the Company’s medical benefit plan pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”) for Executive and/or Executive’s eligible dependents. The payment will equal eighteen (18) times the initial monthly COBRA premium that Executive would need to pay for COBRA continuation coverage (at the coverage levels in effect immediately prior to Executive’s termination). Such payment shall be treated as taxable income to Executive. For the avoidance of doubt, the taxable payment may be used for any purpose, including, but not limited to, continuation coverage under COBRA, and will be subject to all applicable tax withholdings.

Additional Benefits. In addition to the compensation provided for in Section 3 herein, Executive shall be entitled to the following: