0001315399-25-000035 Sample Contracts

MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT
Management Change in Control Severance Agreement • March 27th, 2025 • Parke Bancorp, Inc. • State commercial banks • New Jersey

THIS MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made on and as of this ___ day of June, 2021 (“Effective Date”), by and between Parke Bancorp, Inc. (“Company”), a corporation organized under the laws of the State of New Jersey which serves as a bank holding company, with its principal office at 601 Delsea Drive, Sewell, New Jersey 08080, Parke Bank (“Bank”), a banking corporation organized under the laws of the State of New Jersey, with its principal office at 601 Delsea Drive, Sewell, New Jersey 08080, and Nicholas J. Pantilione (“Executive”).