| |               | 
| | ------------- | 
| | Exhibit 10.16 | 

Employee Stock Ownership PlanOf Rome Bancorp, Inc.Amended and Restated
as of January 1, 2008)

AMENDMENT

|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|1.
 Article I Effective as
 of January 1, 2009, section 1.3 of the Plan, the definition of Allocation
 Compensation shall be amended by adding the following sentence at the end
 thereof:
|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                              | Effective
 for any Plan Year beginning on or after January 1, 2009, an Employees
 Allocation Compensation shall include any differential wage payment within
 the meaning of section 3401(h)(2) of the Code.                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|2.
 Article I Effective as
 of January 1, 2009, section 1.50 of the Plan shall be amended to include the
 following sentence immediately prior to the last sentence of that section:        
|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                              | Effective for any Plan Year beginning
 on and after January 1, 2009, a persons Total Compensation shall include any
 differential wage payment within the meaning of section 3401(h)(2) of the
 Code.                                                                                                                                                                                                                                                                                                                                                        
|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|3.
 Article III  Effective
 as of January 1, 2007, the following new sentence shall be added to the end
 of section 3.1:                                                                    
|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                              | Periods of service in the
 armed forces of the United States shall be treated as provided in section 3.5
 and, in any event, in the manner required pursuant to section 414(u) of the
 Internal Revenue Code.                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|4.
 Article III Effective
 as of January 1, 2008, Article III of the Plan shall be amended to revise
 section 3.5 to read in its entirety as follows:                                       
|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                              | 3.5 Family and Medical Leave.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                              | For purposes of eligibility,
 vesting, contributions and forfeitures, periods of absence recognized as
 family or medical leave under the federal Family and Medical Leave Act of
 1993, as amended, including but not limited to leave required to be provided
 to active service members and their family members pursuant to the National
 Defense Authorization Act for Fiscal Year 2008 and the National Defense
 Authorization Act for Fiscal Year 2010 shall be treated in the manner
 required by such law and the regulations promulgated thereunder.
|                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|5.
 Article III  Effective
 as of January 1, 2007, a new section 3.6 of the Plan shall be amended to read
 in its entirety as follows:                                                      

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|                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|--------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                    | 3.6 Service with Uniformed Forces.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|                                                                                                                                                    | (a) In the case of an Employee
 who terminates employment with the Employer to enter into qualified military
 service and is re-employed by the Employer pursuant to his re-employment
 rights under chapter 38 of Title 38 of the United States Code: (i) the
 Employee shall not be treated as having incurred a break in service by reason
 of the qualified military service; (ii) the period of qualified military
 service shall be treated as a period of employment with the Employer for
 purposes of vesting and benefit accrual; and (iii) such person shall be
 entitled to retroactive contributions and allocations in accordance with
 section 414(u) of the Code.
|                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|                                                                                                                                                    | (b) In the case of an Employee
 who terminates employment with the Employer to enter into qualified military
 service and who, after December 31, 2007, dies while performing such
 qualified military service, for purposes of determining the benefits due to
 the Employees Beneficiary, the Employee shall be regarded as having resumed
 employment with the Employer pursuant to his re-employment rights under
 chapter 38 of Title 38 of the United States Code on the day before his death
 and as having terminated employment with the Employer on the date of his
 actual death.                                                                                    
|                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|                                                                                                                                                    | (c) In the case of an Employee
 who terminates employment with the Employer to enter into qualified military
 service and who, after December 31, 2007, suffers a Disability while
 performing such qualified military service, for purposes of determining the
 benefits due to the Employee or the Employees Beneficiary, the Employee
 shall be regarded as having resumed employment with the Employer pursuant to
 his re-employment rights under chapter 38 of Title 38 of the United States
 Code on the day before his Disability arises and as having terminated
 employment with the Employer on the date of his actual Disability.                                   
|                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|                                                                                                                                                    | (d) This section 3.5 shall be interpreted,
 administered and enforced in accordance with sections 401(a)(37) and 414(u)
 of the Code and regulations thereunder.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|6.Article VIII Effective as of
 January 1, 2007, section 8.2(a) of the Plan shall be amended by adding the
 following sentence to the end thereof:
|                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|                                                                                                                                                    | For purposes
 of this section 8.2, Total Compensation shall not include any compensation
 following severance from employment unless such compensation is made by the
 later of (i) 21⁄2 months following severance from employment and would have
 been paid prior to a severance from employment if the Employee had continued
 in employment with the Employer, and (ii) the end of the Limitation Year in
 which the severance occurs, all as permitted by Treasury regulations.                                                                                                                                                                                             
|                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|7.Article IX Effective as of
 January 1, 2007, section 9.1 of the Plan shall be amended to add the
 following at the end thereof:                 

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| |                                                                                                                                                                                                                                                                                                          
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | With respect
 to account balances attributable to contributions made for Plan Years after
 the Plan Year in which any Share Acquisition Loan outstanding on September
 26, 2005 is repaid in full or, if earlier, was scheduled to be repaid in full
 under its terms as in effect on September 26, 2005:

|                          |  |                    |   | 
|------------------------- |  | ------------------ | - | 
|Years of
 Vesting Service |  | Vested
 Percentage |  
|                          |  |                    |  
|less than 2               |  | 0                  | % | 
|2 but less
 than 3        |  | 20                 | % | 
|3 but less
 than 4        |  | 40                 | % | 
|4 but less
 than 5        |  | 60                 | % | 
|5 but less
 than 6        |  | 80                 | % | 
|6 or more                 |  | 100                | % | 

In Witness Whereof, this Amendment has been signed
by an officer of Rome Bancorp, Inc. thereunto duly authorized.

| |                    |                                
| | ------------------ | -------------------------------
| | Rome Bancorp, Inc.
| |                    |                                
| | By:                | /s/ Charles
 M. Sprock         
| |                    |                                
| |                    | Name: Charles M. Sprock        
| |                    | Title:
Chairman President & CEO
| |                    |                                
| | Date:
 12/23/2009 

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