EXHIBIT
      99.1








**AMENDMENT
      AGREEMENT**




This
      Agreement amends that certain Employment Agreement by and between Somerset
      Hills
      Bancorp., a New Jersey corporation having its principal place of business
      located at 155 Morristown Road, Bernardsville, New Jersey 07924 (“Employer”) and
      Stewart E. McClure, Jr., an individual residing at 90 Springhill Road, Mendham,
      New Jersey 07945 (“Employee”) dated March 8, 2001 and amended May 15, 2003 (the
“Employment Agreement”).




WHEREAS,
      subsequent to the adoption of the Employment Agreement, Section 409A has been
      added to the Internal Revenue Code of 1986, as amended (the
“Code”);




WHEREAS,
      the Employer and Employee wish to amend the Employment Agreement to ensure
      compliance with Section 409A of the Code;




NOW,
      THEREFORE, the parties hereto hereby agree as follows:




1.           Section
      4.3(c) of the Employment Agreement is deleted in its entirety and replaced
      with
      the following:





“Section
      4.3(c):  For purposes of this Agreement, disability shall mean if the
      Employee is unable to engage in any substantial gainful activity by reason
      of
      any medically determinable physical or mental impairment that can be expected
      to
      result in death or can be expected to last for a continuous period of not less
      than 12 months, or the Employee receiving income replacement benefits for a
      period of not less than three months under an accident and health plan covering
      employees of the Employer. Employee will also be deemed disabled if determined
      to be totally disabled by the Social Security Administration or in accordance
      with a disability insurance program, provided that the definition of Disability
      applied under such disability insurance program complies with the requirements
      of Treasury regulation 1.409A-3(g)(4).”





2.           Section
      7.6(b) of the of the Employment Agreement is deleted in its entirety and
      replaced with the following:




“Section
      7.6(b):  For purposes of this Agreement, a “change in control” of the
      Employer shall be deemed to occur when any one person, or more than one person
      acting as a group as determined under Internal Revenue Code regulation section
      1.409A-3(i)(v)(5)(B) (i) acquires ownership of stock of the Employer that
      constitutes more than 50 percent of the total fair market value or total voting
      power of the Employer, (ii) the date said person or group acquires ownership
      of
      stock of the Employer possessing 30 percent or more of the total voting power
      of
      the stock of the Employer; (iii) the date a majority of members of the
      Employer’s Board of Directors is replaced during any twelve (12) -month period
      by directors whose appointment or election is not endorsed by a majority of
      the
      members of the Employer’s board of directors before the date of the appointment
      or election;






5






(iv)
      upon
      the change in the ownership of a substantial portion of the Employer, which,
      for
      this purpose, shall be deemed to occur on the date that any one person, or
      more
      than one person acting as a group, acquires (or has acquired during the 12-month
      period ending on the date of the most recent acquisition by such person or
      persons) assets from the Employer that have a total gross fair market value
      equal to or more than 40 percent of the total gross fair market value of all
      of
      the assets of the Employer immediately before such acquisition or acquisitions
      or (v) the Employer engages in any merger, consolidation or similar transaction
      as a result of which the holders of a majority of the voting power of the
      outstanding stock of the Employer do not continue to hold a majority of the
      voting power of the outstanding stock of the resulting entity from the
      transaction.”




3.           Except
      as amended hereby, the terms and conditions of the Employment Agreement shall
      remain in full force and effect, unaltered in any way.




IN
      WITNESS WHEREOF, the undersigned have executed this Agreement as of this 26th
      day of September, 2007.









**SOMERSET
                HILLS BANCORP**By:
            /s/  Edward
                B. Deutsch**EDWARD
                B. DEUTSCH**,Chairman/s/  Stewart
                E. McClure, Jr.**STEWART
                E. McCLURE, JR.**







6