Document:

EMPLOYMENT AGREEMENT

    BETWEEN

    BCB COMMUNITY BANK AND MICHAEL LESLER

    This Employment Agreement (the “Agreement”) is made effective as of January 1, 2020 (the “Effective Date”), by and
      between BCB BANCORP INC. and BCB COMMUNITY BANK, a New Jersey state-chartered bank (collectively the “Company” or the “Bank”), with its principal offices at Bayonne, New Jersey, and MICHAEL LESLER (“Executive”).

    WHEREAS, the
      Bank wishes to assure itself of the continued services of Executive for the period provided in this Agreement; and,

    WHEREAS, in
      order to induce Executive to remain in the employ of the Bank and to provide further incentive for Executive to achieve the financial and performance objectives of the Bank, the parties desire to enter into this Agreement; and,

    WHEREAS, the
      Bank desires to set forth the rights and responsibilities of Executive and the compensation payable to Executive, as modified from time to time.

    NOW, THEREFORE,
      in consideration of the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree as follows:

    
      	
              1.

            	
              POSITION AND RESPONSIBILITIES

            

    

    During the term of this Agreement, Executive agrees to serve as Chief Operating Officer and Executive Vice
      President of the Bank (the “Executive Position”), and will perform all duties and will have all powers associated with such position as set forth in the Job
        Description provided to Executive by the Bank and as may be set forth in the Bylaws of the Bank.  In addition, Executive shall be responsible for establishing the business objectives, policies and strategic plans of the Bank, in conjunction
      with the Board of Directors of the Bank (“Board”).  During the term of the Agreement, Executive also agrees to serve, if elected, as an officer and/or director of any subsidiary or affiliate of the Bank and in such capacity carry out such duties and
      responsibilities reasonably appropriate to that office.

    2.        TERM AND ANNUAL REVIEW

    a. Term.  The term of this Agreement will
        begin as of the Effective Date and will continue for twenty-four (24) calendar months (“Term”) thereafter. Said Term shall automatically renew for twenty-four calendar months thereafter, unless the Bank provides written notice of termination of
        this Agreement no less than ninety (90) days prior to any such renewal or until such time as either party terminates this Agreement as set forth herein.

    

    

    b.    Annual Review.  On an annual basis, at least thirty (30) and not more than ninety (90) days prior to the annual
        anniversary date of this Agreement, the Compensation Committee (the “Committee”) of the Board will conduct a comprehensive performance evaluation and review of Executive’s performance, and the results thereof will be included in the Minutes of a
        Board meeting.

     

      

    
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      c.    Continued Employment Following Expiration of Term.  Nothing in this Agreement shall mandate or prohibit a
        continuation of Executive’s employment following the expiration of the term of this Agreement, upon such terms and conditions as the Bank and Executive may mutually agree.

    3. PERFORMANCE
      OF DUTIES

    During the period of his employment hereunder, except for periods of absence occasioned by illness,
      reasonable vacation periods, and reasonable leaves of absence, Executive will devote all of his business time, attention, skill and efforts to the faithful performance of his duties under this Agreement, including activities and duties directed by
      the Board.  Notwithstanding the preceding sentence, subject to the approval of the Board, Executive may serve as a member of the board of directors of business, community and charitable organizations, provided that in each case such service shall not
      materially interfere with the performance of his duties under this Agreement, adversely affect the reputation of the Bank or any other affiliates of the Bank, or present any conflict of interest.  Executive will submit on or before the annual
      anniversary date of this Agreement to the Board for its review and approval, a list of organizations in which Executive is participating or proposes to participate.  Such service to and participation in outside organizations will be presumed for
      these purposes to be for the benefit of the Bank, and the Bank will reimburse Executive his reasonable expenses associated therewith, to the extent Executive’s expenses are not reimbursed by such organizations.  The failure of Executive to submit
      and/or the Board to approve the list of organizations in a timely manner shall not otherwise prohibit Executive from serving on or participating in these organizations.

    

    4.  COMPENSATION,
      BENEFITS AND REIMBURSEMENT

    a. Base
            Salary.  The Bank agrees to pay or cause to be paid to Executive for Executive’s services an annual base salary at the gross rate prior to taxes and other withholdings of $331,000.00 (“Base Salary”) for the 2020 calendar year. This
        Base Salary shall be subject to annual review and adjustment pursuant to Section 2(b) commensurate with compensation of similar executives of similarly-sized financial institutions located in the same geographic region. Such Base Salary will be
        payable in accordance with the customary payroll practices of the Bank.  

    b. Annual Bonus. The
        Bank under the direction of the Compensation Committee may pay or cause to be paid to Executive an annual cash incentive bonus in an amount up to fifty (50%) percent of the Base Salary. Any such Bonus shall be paid at such time or times and in such
        manner as directed by the Compensation Committee jointly during the term of this Agreement.

    c. Incentive Compensation. 
        Executive shall be entitled to participate in any other incentive compensation and bonus plans or arrangements of the Bank or the Company.  Any incentive compensation will be paid in accordance with the terms of such plans or arrangements, or on a
        discretionary basis by the Compensation Committee.  Nothing paid to the Executive under any such plans or arrangements will be deemed to be in lieu of other compensation to which the Executive is entitled under this Agreement.

    d. Benefit Plans. 
        Executive will be entitled to participate in all employee benefit plans, arrangements and perquisites offered to employees and executives of the Company or the Bank.  Without limiting the generality of the foregoing provisions of this Section 4(c),
        Executive also will be entitled to participate in any employee benefit plans including, but not limited to, stock benefit plans, retirement plans, supplemental retirement plans, pension plans, profit-sharing plans, health-and-accident plans, or any
        other employee benefit plan or arrangement made available by the Bank in the future to its senior executives and key management employees, subject to and on a basis consistent with the terms, conditions and overall administration of such plans and
        arrangements.

     

      

    
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    e. Health, Dental, Life and
            Disability Coverage.  The Bank shall provide Executive with life, medical, dental and disability coverage made available by the
        Bank to its senior executives and key management employees, subject to and on a basis consistent with the terms, conditions and overall administration of such coverage.

    f. Vacation and Leave. 
        Executive will be entitled to paid vacation time each year during the term of this Agreement measured on a fiscal or calendar year basis, as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures
        for senior executives.  Any unused paid time off during an annual period will be treated in accordance with the Bank’s personnel policies as in effect from time to time.

    g.    Expense Reimbursements.  The Bank will reimburse Executive for all reasonable travel, entertainment and other reasonable expenses incurred by Executive during the
      course of performing his obligations under this Agreement, including, without limitation, fees for memberships in such organizations as Executive and the Board mutually agree are necessary and appropriate in connection with the performance of his
      duties under this Agreement, upon substantiation of such expenses in accordance with applicable policies and procedures of the Bank.  All reimbursements pursuant
          to this Section 4(g) shall be paid promptly by the Bank.

    

    

    5. WORKING FACILITIES 

    Executive’s principal place of employment will be at such place as directed by the Board.  The Bank will provide
      Executive at his principal place of employment with a private office, secretarial and other support services and facilities suitable to his position with the Bank and necessary or appropriate in connection with the performance of his duties under
      this Agreement.

    6. TERMINATION AND TERMINATION PAY  

    Subject to Section 7 of this Agreement which governs the occurrence of a Change in Control, Executive’s employment
      under this Agreement may be terminated in the following circumstances:

     

    

    
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    a. Death.  Executive’s
        employment under this Agreement will terminate upon his death during the term of this Agreement, in which event Executive’s estate or beneficiary will receive the compensation due to Executive through the last day of the calendar month in which his
        death occurred and vested rights and benefits earned through the date of the Agreement.  The Bank will continue to provide to Executive’s immediate family members, provided said immediate family members are so eligible, for one (1) year after
        Executive’s death non-taxable medical and dental coverage substantially comparable (and on substantially the same terms and conditions) to the coverage maintained by the Bank for Executive and his family immediately prior to Executive’s death.

    b. Retirement.  This
        Agreement will terminate upon Executive’s “Retirement” under the retirement benefit plan or plans of the Bank in which the Executive participates.  Executive will not be entitled to the termination benefits specified in Sections 6 or 7 hereof in
        the event of termination due to Retirement.

    
      c. Disability. 
          Termination of Executive’s employment based on “Disability” shall mean termination because of any permanent and total physical or mental impairment that restricts Executive from performing all the essential functions of normal employment.  A
          determination as to whether Executive has suffered a disability shall be made by the Board with objective medical input.  In the event of termination due to Disability, Executive will be entitled to disability benefits, if any, provided under a
          long term disability plan sponsored by the Bank, if any.

       

    In the event the Board determines that Executive is Disabled, Executive will no longer be
      obligated to perform services under this Agreement.  Upon Executive’s termination due to Disability, the Bank will cause to continue to provide to Executive life insurance and non-taxable medical and dental coverage substantially comparable (and on
      substantially the same terms and conditions) to the coverage maintained by the Company or the Bank for Executive immediately prior to termination for Disability.  This coverage shall cease upon the earlier of (i) three (3) years from the date of
      termination, or (ii) the date Executive becomes eligible for Medicare coverage; provided further that if Executive is covered by family coverage or coverage for self and spouse, then Executive’s family or spouse shall continue to be covered for the
      remainder of the three (3) year period, or in the case of the spouse, until the spouse becomes eligible for Medicare coverage or obtains health care coverage elsewhere, whichever period is less.

    d. Termination for Cause.

    (i) The Board may by written notice to Executive in the form and manner specified in this paragraph, immediately terminate the Executive’s employment at
        any time for cause (“Cause”). Executive shall have no right to receive compensation or other benefits for any period after termination
        for Cause, except for earned but unpaid Base Salary plus payment and vested benefits. Termination for Cause shall mean termination (as determined by the Bank in good faith) because of the Executive’s:

     

      

    
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              (1)

            	
              material act of fraud or dishonesty in performing Executive’s duties on behalf of the Bank;

            

    

    
      	
              (2)

            	
              willful misconduct that, in the judgment of the Board, will likely cause material economic damage to the Bank or injury to
                the business reputation of the Bank;

            

    

    
      	
              (3)

            	
              incompetence (in determining incompetence, the acts or omissions shall be measured against standards generally prevailing in
                the commercial banking  industry);

            

    

    
      	
              (4)

            	
              breach of fiduciary duty;

            

    

    
      	
              (5)

            	
              intentional failure to perform stated duties under this Agreement after written notice thereof from the Board;

            

    

    
      	
              (6)

            	
              willful violation of any law, rule or regulation (other than traffic violations or similar offenses) that reflect adversely
                on the reputation of the Bank, any felony conviction, any violation of law involving moral turpitude, or any violation of a regulatory order;

            

    

    
      	
              (7)

            	
              material breach of any provision of this Agreement; or,

            

    

    
      	
              (8)

            	
              willful engagement in conduct which constitutes a violation of the established written policies or procedures of the bank
                regarding the conduct of its employees.

            

    

    (ii) Executive’s termination for Cause will not become effective unless the Board has delivered to Executive a copy of a notice
        of termination in accordance with Section 8(a) hereof. Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to the Executive a notice of termination, which shall include a copy of a
        resolution duly adopted by the affirmative vote of not less than a majority of the disinterested members of the Board, stating that the Executive was guilty of the conduct
        described above and specifying the particulars of such conduct.

      

      e. Voluntary Termination by
            Executive  In addition to the Executive’s other rights to terminate employment under this Agreement, the Executive may voluntarily terminate employment during the term of this Agreement upon at least sixty (60) days prior written notice
          to the Board.  Upon Executive’s voluntary termination, the executive will only receive compensation and vested rights and benefits earned through the date of termination, unless otherwise agreed by the Company, or the Bank, and the Executive. 
          Following termination of employment under this Section, the Executive will be subject to the restrictions set forth in Section 9 of this Agreement.

       

        

      
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    f. Termination
            Without Cause.

    (i) The Bank may, by written notice to Executive, immediately terminate his employment at any time for a reason other than for cause (a termination
        “Without Cause”). Any termination of Executive’s employment, other than Termination for Cause, shall have no effect on or prejudice the vested rights of Executive under the Bank’s qualified or non-qualified retirement, pension, savings, thrift,
        profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans or other employee benefit plans or programs, or compensation plans or programs
        in which Executive was a participant.

    (ii) In the event of termination under this Section 6(e), the Bank shall pay Executive or, in the event of Executive’s subsequent death, Executive’s
        estate, the amount equal to Executive’s Base Salary through the remaining Term or applicable renewal as set forth in this Agreement.  Such payment shall be payable within thirty (30) days following Executive’s date of termination, and will be
        subject to applicable withholding taxes.

    (iii)  In
      addition, the Bank will continue to provide to Executive with life insurance coverage and non-taxable medical and dental insurance coverage substantially comparable (and on substantially the same terms and conditions) to the coverage maintained by
      the Bank for Executive immediately prior to his termination.  Such life insurance coverage and non-taxable medical and dental insurance coverage shall cease upon the earlier of (i) the greater of one (1) calendar year or the end of the term of this
      Agreement, subject to applicable renewals, whichever is longer; (ii) with respect to each such coverage (e.g., life insurance, medical and/or dental coverage), the date on which such substantially comparable coverage is made available to the
      Executive through subsequent employment; or (3) the date Executive becomes eligible for Medicare coverage.

    

    
             g. Termination and Board Membership.  To the extent Executive is a member of
            the board of directors of the Bank, or any of its affiliates and subsidiaries, on the date of termination of employment with the Bank, unless mutually agreed, said termination of employment shall be deemed automatic resignation by Executive
            from any and all of the boards of directors, and such resignation will not be conditioned upon any event or payment. 

            

    

    7. CHANGE IN CONTROL

    a. Change in Control Defined. 
        For purposes of this Agreement, a “Change in Control” shall mean a change in the effective control of the Company or Bank, and shall be deemed to occur on the earliest of any of the following events:

    (i) MERGER:  The Company or the Bank merges into  or consolidates with another corporation, or merges another corporation into the Company or the Bank, and as a result less than a
        majority of the combined voting power of the resulting corporation immediately after the merger or consolidation is held by persons who were stockholders of the Company or the Bank immediately before the merger or consolidation;

    

    

    

    

    
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    (ii) ACQUISITION OF SIGNIFICANT SHARE OWNERSHIP:  There is filed or required to be filed a report on Schedule 13D or another form or schedule (other
        than Schedule 13G) required under Sections 13(D) or 14(D) of the Securities Exchange Act of 1934, if the schedule discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the
        Company’s voting securities; or

    (iii) SALE OF ASSETS:  The Company sells to a third party all or substantially all of its assets.

    

    

    b. Change In Control Benefits.
        Upon the occurrence of a Change in Control, the Bank shall pay Executive a lump sum cash payment equal to two (2x) times the annual Base Salary of the Executive at the time of a Change in Control. Such payment shall be payable within thirty (30)
        days following the date of the Change in Control, and will be subject to all applicable withholding taxes. Notwithstanding the foregoing, the cash payment made pursuant to this Section 7(b) shall be made in lieu of any cash payments which may be
        subsequently triggered pursuant to Section 6 hereof.

    c. 280G Cutback. 
        Notwithstanding anything in this Agreement to the contrary, in no event shall the aggregate payments or benefits to be made or afforded to Executive under this Agreement, either as a stand-alone benefit or when aggregated with other payments to, or
        for the benefit of, Executive that are contingent on a Change in Control, constitute an “excess parachute payment” under Section 280G of the Internal Revenue Code (“Code”) or any successor thereto, and in order to avoid such a result, Executive’s
        benefits hereunder shall be reduced, if necessary, to an amount, the value of which is one dollar ($1.00) less than an amount equal to three (3) times Executive’s “base amount,” as determined in accordance with Code Section 280G.  In the event a
        reduction is necessary, the cash severance payable pursuant to this Section 7 hereof shall be reduced by the minimum amount necessary to result in no portion of the payments and benefits payable by the Bank under this Section 7 being non-deductible
        pursuant to Code Section 280G and subject to excise tax imposed under Code Section 4999.

    8. NOTICE
      REQUIREMENTS

    a. Notice of Termination. 
        A “notice of termination” shall mean a written notice which shall indicate the specific termination provision in this Agreement relied upon as a basis for termination of Executive’s employment.

    b. Date of Termination. 
        “Date of termination” shall mean: (i) if Executive’s employment is terminated for Disability, thirty (30) days after a notice of termination is given (provided that he shall not have returned to the performance of his duties on a full-time basis
        during such thirty (30) day period); or (ii) if Executive’s employment is terminated for any other reason, the date specified in the notice of termination.

     

      

    
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    c. Good Faith Resolution. 
        If the party receiving a notice of termination desires to dispute or contest the basis or reasons for termination, the party receiving the notice of termination must notify the other party within ten (10) calendar days after receiving the notice of
        termination that such a dispute exists, and shall pursue the resolution of such dispute in good faith and with reasonable diligence pursuant to Section 19 of this Agreement.  During the ten (10) days after receiving notice of termination and during
        the pendency of any such dispute, the Bank shall not be obligated to pay Executive compensation or other payments beyond the date of termination.  Any amounts paid to Executive upon resolution of such dispute under this Section shall be offset
        against or reduce any other amounts which may be due under this Agreement.

    9. POST-TERMINATION
      OBLIGATIONS

    a. Non-Solicitation. 
        Executive hereby covenants and agrees that, if Executive’s employment with the Bank is terminated under Sections 6(b) - (e) of this Agreement, for a period of one (1) year following termination of employment with the Bank (other than a termination of employment following a Change in Control), Executive shall not, without the written consent of the Bank, either directly or indirectly:

    (i) solicit, offer employment to, or take any other action intended (or that a reasonable person acting in like circumstances would expect) to have the
        effect of causing any officer or employee of the Bank, or any of its respective subsidiaries or affiliates, to terminate his employment and accept employment or become affiliated with, or provide services for compensation in any capacity whatsoever
        to, any business whatsoever which competes with the business of the Bank, or any of its direct or indirect subsidiaries or affiliates, which has headquarters or offices within twenty-five (25) miles of any location(s) in which the Bank has business
        operations or has filed an application for regulatory approval to establish business operations;

    (ii) solicit, provide any information, advice or recommendation, or take any other action intended (or that reasonable person acting in like circumstances would expect) to have the
        effect of causing any customer of the Bank to terminate an existing business or commercial relationship with the Bank.

     

      

    b. Confidentiality. 
        Executive recognizes and acknowledges that the knowledge of the business activities, plans for business activities, and all other proprietary information of the Bank, as it may exist from time to time, are valuable, special and unique assets of the
        business of the Bank.  Executive will not, during or after the term of his employment, disclose any knowledge of the past, present, planned or considered business activities or any other similar proprietary information of the Bank to any person,
        firm, corporation, or other entity for any reason or purpose whatsoever unless expressly authorized by the Board or required by law.  Notwithstanding the foregoing, Executive may disclose any knowledge of banking, financial and/or economic
        principles, concepts or ideas which are not solely and exclusively derived from the business plans and activities of the Bank.  Further, Executive may disclose information regarding the business activities of the Bank to any bank regulator having
        regulatory jurisdiction over the activities of the Bank pursuant to a formal regulatory request.  In the event of a breach or threatened breach by Executive of the provisions of this Section, the Bank will be entitled to an injunction restraining
        Executive from disclosing, in whole or in part, the knowledge of the past, present, planned or considered business activities of the Bank or any other similar proprietary information, or from rendering any services to any person, firm, corporation,
        or other entity to whom such knowledge, in whole or in part, has been disclosed or is threatened to be disclosed.  Nothing herein will be construed as prohibiting the Bank from pursuing any other remedies available to the Bank for such breach or
        threatened breach, including the recovery of damages from Executive.

     

      

    
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    c. Information/Cooperation. 
        Executive shall, upon reasonable notice, furnish such information and assistance to the Bank as may be reasonably requested by the Bank, in connection with any litigation in which it or any of its subsidiaries or affiliates is, or may become, a
        party; provided, however, that Executive shall not be required to provide information or assistance with respect to any litigation between Executive and the Bank or any other subsidiaries or affiliates.

    d. Reliance.  All
        payments and benefits to Executive under this Agreement shall be subject to Executive’s compliance with this Section 9, to the extent applicable.  The parties hereto, recognizing that irreparable injury will result to the Bank, its business and
        property in the event of Executive’s breach of this Section 9, agree that, in the event of any such breach by Executive, the Bank will be entitled, in addition to any other remedies and damages available, to an injunction to restrain the violation
        hereof by Executive and all persons acting for or with Executive. Executive represents and admits that Executive’s experience and capabilities are such that Executive can obtain employment in a business engaged in other lines of business than the
        Bank, and that the enforcement of a remedy by way of injunction will not prevent Executive from earning a livelihood.  Nothing herein will be construed as prohibiting the Bank from pursuing any other remedies available to them for such breach or
        threatened breach, including the recovery of damages from Executive.

    10. SOURCE
      OF PAYMENTS/RELEASE

    a. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank.

    b. Notwithstanding anything to the contrary in this Agreement, Executive shall not be entitled to any payments or benefits under
        this Agreement unless and until Executive executes an unconditional release of any claims against the Bank, and its affiliates, including its officers, directors, successors and assigns, releasing said persons from any and all claims, rights,
        demands, causes of action, suits, arbitrations or grievances relating to the employment relationship other than claims for benefits under tax-qualified plans or other benefit plans in which Executive is vested, claims for benefits required by
        applicable law or claims with respect to obligations set forth in this Agreement that survive the termination of this Agreement.

     

      

    
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    11. CLAWBACK AND FORFEITURE. 
        Notwithstanding any other provision to the contrary contained herein, the right of Executive or his estate or other beneficiaries shall forfeit all rights to receive or retain all payments and benefits provided, and shall reimburse the Bank for all
        such payments and benefits received, pursuant to Sections 4, 6 and 7:

    a. Executive breaches any of his agreements contained in Section 9;

    b. Executive makes, except as required by law, any disparaging remark, orally or in writing, about the Bank or about its operations except to those
        persons who have a need to know and a corresponding fiduciary or contractual obligation to keep such conversations confidential, provided that this obligation shall not prohibit Executive from enforcing or defending any legal right he may have at
        law or in equity in appropriate legal proceedings against any other person;

    c. Any financial statement filed is materially misleading as to the Bank’s results of operation for a fiscal year or the Bank financial condition at the
        end of a fiscal year during which Executive was the chief operating officer because of (i) any overstatement of the amount of one or more items of income or understatement of the amount of one or more items of expense or other charges against
        income for such fiscal year; or (ii) any material overstatement in value of any one or more items of assets or understatement in value of any one or more items of liabilities at the end of such fiscal year;

    d.    Executive, directly or indirectly, falsified or cause to be falsified, any book, record, or account or made
      or caused to be made a materially false or misleading statement, or omitted to state, or caused another person to omit to state, any material fact necessary in order to make statements made.

    12. REQUIRED
      REGULATORY PROVISIONS

    a. Notwithstanding anything herein contained to the contrary, any payments to Executive by the Bank, whether pursuant to this
        Agreement or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. Section 1828(k), and the regulations promulgated thereunder in 12 C.F.R. Part 359.

    b. Notwithstanding anything else in this Agreement to the contrary, Executive’s employment shall not be deemed to have been
        terminated unless and until Executive has a "Separation from Service" within the meaning of Code Section 409A.  For purposes of this Agreement, a “Separation from Service” shall have occurred if the Bank and Executive reasonably anticipate that
        either no further services will be performed by Executive after the date of the termination (whether as an employee or as an independent contractor) or the level of further services performed is less than 50% of the average level of bona fide
        services in the thirty-six (36) months immediately preceding the termination.  For all purposes hereunder, the definition of Separation from Service shall be interpreted consistent with Treasury Regulation Section 1.409A-1(h)(ii).

     

      

    
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    c. Notwithstanding the foregoing, in the event the Executive is a "Specified Employee" (as defined herein), then, solely, to the
        extent required to avoid penalties under Code Section 409A, the Executive’s payments shall be delayed until the first day of the seventh month following the Executive’s Separation from Service.  A “Specified Employee” shall be interpreted to comply
        with Code Section 409A and shall mean a key employee within the meaning of Code Section 416(i) (without regard to paragraph 5 thereof), but an individual shall be a “Specified Employee” only if the Bank or Company is or becomes a publicly traded
        company.

    13. NO ATTACHMENT

    Except as required by law, no right to receive payments under this Agreement shall be subject to anticipation, commutation,
      alienation, sale, assignment, encumbrance, charge, pledge, or hypothecation, or to execution, attachment, levy, or similar process or assignment by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null,
      void, and of no effect.

    14. ENTIRE AGREEMENT; MODIFICATION AND WAIVER

    a. This Agreement contains the entire agreement of the parties relating to the subject matter hereof, and supersedes in its entirety
        any and all prior agreements, understandings or representations relating to the subject matter hereof, except that the parties acknowledge that this Agreement shall not affect any of the rights and obligations of the parties  under any agreement or
        plan entered into with or by the Bank pursuant to which Executive may receive compensation or benefits except as set forth in Section 6(d) hereof.

    b. This Agreement may not be modified or amended except by an instrument in writing signed by each of the parties hereto.

    c. No term or condition of this Agreement shall be deemed to have been waived, nor shall there be any estoppel against the
        enforcement of any provision of this Agreement, except by written instrument of the party charged with such waiver or estoppel.  No such written waiver shall be deemed a continuing waiver unless specifically stated therein, and each such waiver
        shall operate only as to the specific term or condition waived and shall not constitute a waiver of such term or condition for the future as to any act other than that specifically waived.

    d. The terms defined in this Agreement have the meanings assigned to them in this Agreement, and they include the plural as well as
        the singular, and the use of any gender herein shall be deemed to include the other gender.

    15.  SEVERABILITY

    If, for any reason, any provision of this Agreement, or any part of any provision, is held invalid, such invalidity
      shall not affect any other provision of this Agreement or any part of such provision not held so invalid, and each such other provision and part thereof shall to the full extent consistent with law continue in full force and effect.

     

    

    
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    16.       HEADINGS FOR REFERENCE ONLY

    The headings of sections and paragraphs herein are included solely for convenience of reference and shall not
      control the meaning or interpretation of any of the provisions of this Agreement.

    17.  GOVERNING
      LAW

    This Agreement shall be governed by the laws of the State of New Jersey, but only to the extent not superseded by
      federal law.

    18.  ARBITRATION

    Any dispute or controversy arising under or in connection with this Agreement shall be settled exclusively by
      binding, confidential arbitration, as an alternative to civil litigation and without any trial by jury to resolve such claims, conducted by a single arbitrator mutually acceptable to the Bank and Executive, sitting in a location selected by the Bank within twenty-five (25) miles from the main office of the Bank, in accordance with the rules of the American Arbitration Association’s National Rules
      for the Resolution of Employment Disputes then in effect.  Judgment may be entered on the arbitrator’s award in any court having jurisdiction.

    19. INDEMNIFICATION

    Insurance. 
      During the term of this Agreement, the Bank will provide Executive with coverage under a directors’ and officers’ liability policy, at the Bank’s expense, that is at least equivalent to the coverage provided to directors and senior executives of the
      Bank.

    

    

    20. SUCCESSORS AND ASSIGNS

    The Bank shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or
      otherwise to all or substantially all the business or assets of the Bank, to expressly and unconditionally assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be
      required to perform if no such succession or assignment had taken place.

    21.     ATTORNEYS' FEES AND COSTS

    If any action is brought by either party against the other party to enforce the terms of this Agreement, the
      prevailing party shall be entitled to recover from the other party the reasonable attorneys' fees and costs incurred by the prevailing party in connection with the prosecution or defense of such action.

     

    

    
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    IN WITNESS WHEREOF,
      the parties hereto have duly executed this Agreement on the dates set forth below.

    

    

    
      

      

      	 	 	
              BCB COMMUNITY BANK

            
	 	 	 
	
              February 24, 2020

            	
              By:

            	
               /s/ Thomas Coughlin

              

              Name:  Thomas Coughlin

              Title:    President nad Chief Executive Officer

            
	 	 	 
	 	 	
              EXECUTIVE

            
	 	 	 
	
              February 24, 2020

            	
              By:

            	
               /s/ Michael Lesler

              

              Name: Michael Lesler

            
	 	 	 

      

      

    

  

  13EX-10.1

 Exhibit 10.1 

FOURTH AMENDMENT TO CREDIT AGREEMENT 

THIS FOURTH AMENDMENT TO CREDIT AGREEMENT (the “Amendment”), dated as of February 26, 2020 (“Fourth Amendment
Closing Date”) is made by and among KOPPERS INC., a Pennsylvania corporation (the “Borrower”), the GUARANTORS (as defined in the Credit Agreement (as hereinafter defined)), the LENDERS (as defined in the Credit Agreement),
and PNC BANK, NATIONAL ASSOCIATION, as Administrative Agent for the Lenders (in such capacity, the “Administrative Agent”). 

W I T N E S S E T H: 
 WHEREAS,
the Borrower, the Guarantors, the Lenders and the Administrative Agent are parties to that certain Credit Agreement dated as of February 17, 2017, as amended by a First Amendment to Credit Agreement dated as of February 26, 2018, as
amended by a Second Amendment to Credit Agreement and Joinder dated as of April 10, 2018, and as amended by a Third Amendment to Credit Agreement, dated as of May 1, 2019 (as so amended, the “Credit Agreement”); and 

WHEREAS, the Borrower has requested that the Lenders amend certain provisions of the Credit Agreement related to potential Equity
Issuances (as defined in the Credit Agreement) as well as certain other changes, including, among other things, (i) amending the mandatory prepayment associated with such Equity Issuances and (ii) amending the financial covenants to remove
the steps downs contained therein that are tied to Equity Issuances, and the Lenders are willing to effect such credit accommodations upon and subject to the terms and conditions of this Amendment. 

NOW, THEREFORE, the parties hereto, in consideration of their mutual covenants and agreements hereinafter set forth and intending to be
legally bound hereby, covenant and agree as follows: 
 1.    Definitions. Except as set forth in this Amendment,
defined terms used herein shall have the meanings given to them in the Credit Agreement. 
 2.    Amendments to
Section 1.1 [Certain Definitions]. Section 1.1 of the Credit Agreement is hereby amended as follows: 

(a)     The following definition is hereby deleted from Section 1.1 in its entirety: 

“Euro-Rate Termination Date” 

(b)    The following new definitions are hereby added to Section 1.1 in alphabetical order: 

“BHC Act Affiliate of a party shall mean an “affiliate” (as such term is defined under, and interpreted in accordance
with, 12 U.S.C. 1841(k)) of such party.” 

 “Benchmark Replacement shall mean, with respect to any Optional Currency, the
sum of: (a) the alternate benchmark rate that has been selected by the Administrative Agent and the Borrower for such Optional Currency giving due consideration to (i) any selection or recommendation of a replacement rate or the mechanism
for determining such a rate by the Relevant Governmental Body with respect to such Optional Currency or (ii) any evolving or then-prevailing market convention for determining a rate of interest as a replacement to the Euro-Rate for
(A) with respect to Dollar Loans under the Euro-Rate Option, U.S. dollar-denominated credit facilities or (B) with respect to Optional Currency Loans, U.S. credit facilities providing for loans in such Optional Currency and (b) the
Benchmark Replacement Adjustment; provided that, if the Benchmark Replacement as so determined would be less than zero, the Benchmark Replacement will be deemed to be zero for the purposes of this Agreement.” 

“Benchmark Replacement Adjustment shall mean, with respect to any replacement of the Euro- Rate for any Optional Currency with an
alternate benchmark rate for each applicable Interest Period for such Optional Currency, the spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero) that has been
selected by the Administrative Agent and the Borrower (a) giving due consideration to (i) any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of the
Euro-Rate in such Optional Currency with the applicable Benchmark Replacement for such Optional Currency (excluding such spread adjustment) by the Relevant Governmental Body with respect to such Optional Currency or (ii) any evolving or then-
prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for such replacement of the Euro-Rate for (A) with respect to Dollar Loans under the Euro-Rate Option, U.S.
dollar-denominated credit facilities at such time or (B) with respect to Optional Currency Loans, U.S. credit facilities providing for loans in such Optional Currency and (b) which may also reflect adjustments to account for (i) the
effects of the transition from the Euro-Rate for such Optional Currency to the Benchmark Replacement for such Optional Currency and (ii) yield- or risk-based differences between the Euro-Rate and the Benchmark Replacement for such Optional
Currency.” 
 “Benchmark Replacement Conforming Changes shall mean, with respect to any Benchmark Replacement for any
Optional Currency, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Interest Period,” timing and frequency of determining rates and making payments of
interest and other administrative matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement for such Optional Currency and to permit the administration thereof by the
Administrative Agent in a manner substantially consistent with market practice in the United States (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the
Administrative Agent determines that no market practice for the administration of the Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the
administration of this Agreement).” 

  
 2 

 “Benchmark Replacement Date” shall mean the earlier to occur of the
following events with respect to the Euro-Rate for any Optional Currency: 
  

	 	(1)	 in the case of clause (1) or (2) of the definition of “Benchmark Transition Event,” the later of
(a) the date of the public statement or publication of information referenced therein and (b) the date on which the administrator of the Euro-Rate for such Optional Currency permanently or indefinitely ceases to provide the Euro-Rate for
such Optional Currency; or 

  

	 	(2)	 in the case of clause (3) of the definition of “Benchmark Transition Event,” the date of the
public statement or publication of information referenced therein.” 

 “Benchmark Transition Event shall
mean the occurrence of one or more of the following events with respect to the Euro-Rate for any Optional Currency: 

(1)    a public statement or publication of information by or on behalf of the administrator of the Euro-Rate for such
Optional Currency announcing that such administrator has ceased or will cease to provide the Euro-Rate for such Optional Currency, permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor
administrator that will continue to provide the Euro-Rate for such Optional Currency; 
 (2)    a public statement or
publication of information by an Official Body having jurisdiction over the Administrative Agent, the regulatory supervisor for the administrator of the Euro-Rate for such Optional Currency, the U.S. Federal Reserve System, an insolvency official
with jurisdiction over the administrator for the Euro-Rate for such Optional Currency, a resolution authority with jurisdiction over the administrator for the Euro-Rate for such Optional Currency or a court or an entity with similar insolvency or
resolution authority over the administrator for the Euro-Rate for such Optional Currency, which states that the administrator of the Euro-Rate for such Optional Currency has ceased or will cease to provide the Euro-Rate for such Optional Currency
permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide the Euro-Rate for such Optional Currency; or 

(3)    a public statement or publication of information by the regulatory supervisor for the administrator of the
Euro-Rate for such Optional Currency or an Official Body having jurisdiction over the Administrative Agent announcing that the Euro-Rate for such Optional Currency is no longer representative.” 

“Benchmark Unavailability Period shall mean, with respect to any Optional Currency, if a Benchmark Transition Event and its
related Benchmark Replacement Date have occurred with respect to the Euro-Rate for such Optional Currency and solely to the extent that the Euro-Rate for such Optional Currency has not been replaced with a Benchmark Replacement, the period
(x) beginning at the time that such Benchmark Replacement Date for such Optional Currency has occurred if, at such time, no Benchmark Replacement for such Optional Currency has replaced the Euro-Rate for such Optional Currency for all purposes
hereunder in accordance with Section 4.4.2 and (y) ending at the time that a Benchmark Replacement for such available currency has replaced the Euro-Rate for such Optional Currency for all purposes hereunder pursuant to
Section 4.4.2.” 

  
 3 

 “Covered Entity shall mean any of the following: 

(i)    a “covered entity” as that term is defined in, and interpreted in accordance with, 12 C.F.R. §
252.82(b); 
 (ii)    a “covered bank” as that term is defined in, and interpreted in accordance with, 12
C.F.R. § 47.3(b); or 
 (iii)    a “covered FSI” as that term is defined in, and interpreted in
accordance with, 12 C.F.R. § 382.2(b).” 
 “Covered Party shall have the meaning specified in Section 11.17
[Acknowledgement Regarding Any Supported QFCs].” 
 “Default Right shall have meaning assigned to that term in, and shall
be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.” 
 “Early Opt-in Event shall mean a determination by the Administrative Agent that (a) with respect to Dollar Loans under the Euro-Rate Option, U.S. dollar-denominated credit facilities being executed at such time,
or that include language similar to that contained in this Section 4.4.2, are being executed or amended, as applicable, to incorporate or adopt a new benchmark interest rate to replace the Euro-Rate for loans in Dollars or (b) with respect
to Optional Currency Loans, U.S. credit facilities providing for loans in such Optional Currency being executed at such time, or that include language similar to that contained in Section 4.4.2, are being executed or amended, as applicable, to
incorporate or adopt a new benchmark interest rate to replace the Euro-Rate for loans in such Optional Currency.” 
 “QFC
shall have the meaning assigned to the term “qualified financial contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D).” 

“QFC Credit Support” shall have the meaning specified in Section 11.17 [Acknowledgement Regarding Any Supported
QFCs].” 
 “Relevant Governmental Body shall mean (a) the Federal Reserve Board and/or the Federal Reserve Bank of New
York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto and (b) with respect to Optional Currency Loans, in addition to the Persons named in clause
(a) of this definition, the comparable Official Body or other applicable Person for loans in such Optional Currency as determined by the Administrative Agent in its sole discretion.” 

“Supported QFC shall have the meaning specified in Section 11.17 [Acknowledgement Regarding Any Supported QFCs].” 

“U.S. Special Resolution Regimes shall have the meaning specified in Section 11.17 [Acknowledgement Regarding Any Supported
QFCs].” 

  
 4 

 3.    New Section 1.6 [Euro-Rate
Notification]. The following new Section 1.6 is hereby added to the Credit Agreement to immediately follow Section 1.5: 

“1.6    Euro-Rate Notification. Section 4.4.2 [Successor Euro-Rate Index] of this Agreements provides a
mechanism for determining an alternative rate of interest in the event that one or more Relevant Interbank Market offered rates is no longer available or in certain other circumstances.    The Administrative Agent does not
warrant or accept any responsibility for and shall not have any liability with respect to, the administration, submission or any other matter related to any Relevant Interbank Market offered rate or other rates in the definition of
“Euro-Rate” or with respect to any alternative or successor rate thereto, or replacement rate therefor.” 

4.    Amendment to Section 4.4.2 [Successor Euro-Rate Index]. The provisions of
Section 4.4.2 of the Credit Agreement are hereby deleted and replaced in their entirety, as follows: 

“(i)    Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document,
if the Administrative Agent determines that a Benchmark Transition Event or an Early Opt-in Event has occurred with respect to the Euro-Rate for any Optional Currency, the Administrative Agent and the Borrower
may amend this Agreement to replace the Euro-Rate for such Optional Currency with a Benchmark Replacement for such Optional Currency; and any such amendment will become effective at 5:00 p.m. New York City time on the fifth (5th) Business Day after
the Administrative Agent has provided such proposed amendment to all Lenders, so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from Lenders comprising the Required Lenders. Until the
Benchmark Replacement with respect to the Euro-Rate for any Optional Currency is effective, each advance, conversion and renewal of a Loan in such Optional Currency under the Euro-Rate Option will continue to bear interest with reference to the
Euro-Rate for such Optional Currency; provided however, during a Benchmark Unavailability Period with respect to any Optional Currency (i) any pending selection of, conversion to or renewal of a Loan in such Optional Currency bearing interest
under the Euro-Rate Option that has not yet gone into effect shall be deemed to be a selection of, conversion to or renewal of the Base Rate Option with respect to such Loan in the Dollar Equivalent amount of such Loan, (ii) all outstanding
Loans in such Optional Currency bearing interest under the Euro-Rate Option shall automatically be (A) if in Dollars, converted to the Base Rate Option at the expiration of the existing Interest Period (or sooner, if Administrative Agent cannot
continue to lawfully maintain such affected Loan under the Euro-Rate Option) (B) if in an Optional Currency, converted to a Loan in Dollars under the Base Rate Option in the Dollar Equivalent amount of such Loan at the expiration of the
existing Interest Period (or sooner, if the Administrative Agent cannot continue to lawfully maintain such affected Loan under the Euro-Rate Option in such Optional Currency) and (iii) the component of the Base Rate based upon the Euro-Rate
will not be used in any determination of the Base Rate. 
 (ii)    Benchmark Replacement Conforming Changes. In
connection with the implementation of a Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan
Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement. 

(iii)    Notices; Standards for Decisions and Determinations. The Administrative Agent will promptly notify the
Borrower and the Lenders of (i) the implementation of any Benchmark Replacement, (ii) the effectiveness of any Benchmark Replacement Conforming Changes and (iii) the commencement of any Benchmark Unavailability Period. Any
determination, decision or 

  
 5 

 
election that may be made by the Administrative Agent or the Lenders pursuant to this Section including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and
without consent from any other party hereto, except, in each case, as expressly required pursuant to this Section.” 

5.    Amendment to Section 5.8.3 [Equity Issuance]. Section 5.8.3 of the Credit Agreement
is hereby amended and restated as follows: 
 “5.8.3    Equity Issuance. The Borrower shall be required to
apply one hundred percent (100%) of Net Cash Proceeds from each Equity Issuance or series of Equity Issuances to prepay (subject to Borrower’s indemnity obligations under Sections 5.9 [Increased Costs] and 5.11 [Indemnity]) the Term Loans until
such time as the outstanding balance of the Term Loans is less than an amount equal to $50,000,000, any such prepayment to be effected within five (5) Business Days following the receipt of the proceeds of each such Equity Issuance.” 

6.    Amendment to Section 8.2.1(vi) [Indebtedness]. Section 8.2.1(vi) of the Credit
Agreement is hereby amended and restated as follows: 
 “(vi)    Any (a) Lender-Provided Hedge or
(b) other Interest Rate Hedge approved by the Administrative Agent;” 
 7.    Amendment to
Section 8.2.7(iv) [Disposition of Assets or Subsidiaries]. Section 8.2.7(iv) of the Credit Agreement is hereby amended and restated as follows: 

“(iv)    subject to the provisions of Section 8.2.9, (x) any transfer of the ownership interests in a wholly
owned Subsidiary of the Borrower which is not a Loan Party to another wholly owned Subsidiary of the Borrower, (y) any transfer of assets of a Foreign Subsidiary to another Subsidiary of the Borrower and (z) any transfer of liabilities of
a Foreign Subsidiary to another Foreign Subsidiary;” 
 8.    Amendment to Section 8.2.16
[Maximum Total Secured Leverage Ratio]. Section 8.2.16 of the Credit Agreement is hereby amended and restated as follows: 

“8.2.16    Maximum Total Secured Leverage Ratio. The Loan Parties shall not permit the Total Secured Leverage
Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to exceed 3.00 to 1.00, with a step down to 2.75 to 1.00 on December 31, 2020; provided, that if (i) the maximum Total Secured Leverage
Ratio required pursuant to this Section 8.2.16 as of such date is not more than 2.75 to 1.00 and (ii) Undrawn Availability is at least $50,000,000, then the Borrower may elect, with prior written notice to the Administrative Agent, to
increase the applicable maximum Total Secured Leverage Ratio to 3.00 to 1.00 during the period of four (4) consecutive fiscal quarters immediately following the consummation of a Material Acquisition (commencing with the fiscal quarter in which
such Material Acquisition occurs) (a “Material Acquisition Period”); provided further, that (a) immediately after the end of a Material Acquisition Period, the Total Secured Leverage Ratio shall automatically revert to 2.75 to
1.00 and (b) there shall be not more than one (1) Material Acquisition Period during the term of this Agreement.” 

  
 6 

 9.    Amendment to Section 8.2.17 [Maximum
Total Leverage Ratio]. Section 8.2.17 of the Credit Agreement is hereby amended and restated as follows: 

“8.2.17    Maximum Total Leverage Ratio. The Loan Parties shall not permit the Total Leverage Ratio,
calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to exceed 5.25 to 1.00, with step downs to (i) 5.00 to 1.00 on December 31, 2020, and (ii) 4.75 to 1.00 on December 31, 2021.” 

10.    New Section 11.17 [Acknowledgement Regarding Any Supported QFCs]. The following new
Section 11.17 is hereby added to the Credit Agreement to immediately follow Section 11.16: 

“11.17    Acknowledgement Regarding Any Supported QFCs. To the extent that the Loan Documents provide support,
through a guarantee or otherwise, for a Lender-Provided Hedge or other Interest Rate Hedge or any other agreement or instrument that is a QFC (such support, “QFC Credit Support” and each such QFC a “Supported QFC”),
the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act
(together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and
any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States): 

In the event a Covered Entity that is party to a Supported QFC (each, a “Covered Party”) becomes subject to a proceeding
under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property securing
such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and any such
interest, obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special
Resolution Regime, Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater extent than such
Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it is
understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support.” 

  
 7 

 11.    Amendment to Exhibits. Exhibit 8.2.6 and
Exhibit 8.3.3 of the Credit Agreement are hereby amended and restated in their entirety as set forth on, Exhibit 8.2.6 [Acquisition Compliance Certificate] and Exhibit 8.3.3 [Quarterly
Compliance Certificate], attached hereto and made a part hereof. 
 12.    Conditions Precedent. The Loan Parties
and the Lenders acknowledge and agree that the amendments set forth herein shall only be effective upon the occurrence of all the following conditions precedent: 

(a)    Amendment. The Loan Parties, the Administrative Agent and the Required Lenders shall have
executed and delivered this Amendment to the Administrative Agent. 
 (b)    Fees. The Borrower
shall have paid to the Administrative Agent all fees due and owing pursuant to the fee letter dated as of February 13, 2020 by and among the Borrower, the Administrative Agent and PNC Capital Markets LLC. 

(c)    Miscellaneous. Such other documents, agreements, instruments, deliverables and items deemed
necessary by the Administrative Agent. 
 13.    Representations, Warranties and Covenants. The Borrower and each
Guarantor covenants and agrees with and represents and warrants to the Administrative Agent and the Lenders as follows: 

(a)    the Borrower’s and Guarantors’ obligations under the Credit Agreement, as modified hereby,
are and shall remain secured by the Collateral, pursuant to the terms of the Credit Agreement and the other Loan Documents; 

(b)    the Borrower and each of the Guarantors possesses all of the powers requisite for it to enter into
and carry out the transactions of the Borrower and each Guarantor referred to herein and to execute, enter into and perform the terms and conditions of this Amendment, the Credit Agreement and the other Loan Documents and any other documents
contemplated herein that are to be performed by the Borrower or such Guarantor; any and all actions required or necessary pursuant to the Borrower’s or such Guarantor’s organizational documents or otherwise have been taken to authorize the
due execution, delivery and performance by the Borrower and such Guarantor of the terms and conditions of this Amendment; the officers of the Borrower and each Guarantor executing this Amendment are the duly elected, qualified, acting and incumbent
officers of such Loan Party and hold the titles set forth below their names on the signature lines of this Amendment; and such execution, delivery and performance will not conflict with, constitute a default under or result in a breach of any
applicable law or any agreement, instrument, order, writ, judgment, injunction or decree to which the Borrower or such Guarantor is a party or by which the Borrower or such Guarantor or any of its properties is bound, and that all consents,
authorizations and/or approvals required or necessary from any third parties in connection with the entry into, delivery and performance by the Borrower and such Guarantor of the terms and conditions of this Amendment, the Credit Agreement, the
other Loan Documents and the transactions contemplated hereby have been obtained by the Borrower and such Guarantor and are full force and effect; 

  
 8 

 (c)    this Amendment, the Credit Agreement, and the
other Loan Documents constitute the valid and legally binding obligations of the Borrower and each Guarantor, enforceable against the Borrower and each Guarantor in accordance with their respective terms, except as such enforceability may be limited
by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws and by general equitable principles, whether enforcement is sought by proceedings at law or in equity; 

(d)    all representations and warranties made by the Borrower and each Guarantor in the Credit Agreement
and the other Loan Documents are true and correct in all material respects (or in the case of any such representation and warranty that is qualified by materiality or reference to Material Adverse Change, in all respects) as of the date hereof,
except to the extent that any such representation and warranty relates to a specific date, in which case such representation and warranty shall be true and correct in all material respects (or in the case of any such representation and warranty that
is qualified by materiality or reference to Material Adverse Change, in all respects) as of such earlier date, with the same force and effect as if all such representations and warranties were fully set forth herein and made as of the date hereof
and the Borrower and each Guarantor has complied with all covenants and undertakings in the Credit Agreement and the other Loan Documents; 

(e)    no Event of Default or Potential Default has occurred and is continuing under the Credit Agreement
or the other Loan Documents; there exist no defenses, offsets, counterclaims or other claims with respect to the Borrower’s or any Guarantor’s obligations and liabilities under the Credit Agreement or any of the other Loan Documents; and

 (f)    the Borrower and each Guarantor hereby ratifies and confirms in full its duties and obligations
under the Credit Agreement, the Guaranty Agreement, and the other Loan Documents applicable to it, each as modified hereby. 

14.    Incorporation into Credit Agreement and other Loan Documents. This Amendment shall be incorporated into the
Credit Agreement by this reference and each reference to the Credit Agreement that is made in the Credit Agreement or any other document executed or to be executed in connection therewith shall hereafter be construed as a reference to the Credit
Agreement as amended hereby. The term “Loan Documents” as defined in the Credit Agreement shall include this Amendment. 

15.    Severability. If any one or more of the provisions contained in this Amendment, the Credit Agreement, or the
other Loan Documents shall be held invalid, illegal or unenforceable in any respect, the validity, legality or enforceability of the remaining provisions contained in this Amendment, the Credit Agreement or the other Loan Documents shall not in any
way be affected or impaired thereby, and this Amendment shall otherwise remain in full force and effect. 

16.    Successors and Assigns. This Amendment shall apply to and be binding upon the Borrower and each Guarantor in
all respects and shall inure to the benefit of each of the Administrative Agent and the Lenders and their respective successors and assigns, provided that 

  
 9 

 
neither the Borrower nor any Guarantor may assign, transfer or delegate its duties and obligations hereunder. Nothing expressed or referred to in this Amendment is intended or shall be construed
to give any person or entity other than the parties hereto a legal or equitable right, remedy or claim under or with respect to this Amendment, the Credit Agreement or any of the other Loan Documents, it being the intention of the parties hereto
that this Amendment and all of its provisions and conditions are for the sole and exclusive benefit of the Borrower, the Guarantors, the Administrative Agent and the Lenders. 

17.    Reimbursement of Expenses. The Borrower unconditionally agrees to pay and reimburse the Administrative Agent
and save the Administrative Agent harmless against liability for the payment of reasonable out-of-pocket costs, expenses and disbursements, including without limitation,
fees and expenses of counsel incurred by the Administrative Agent in connection with the development, preparation, execution, administration, interpretation or performance of this Amendment and all other documents or instruments to be delivered in
connection herewith. 
 18.    Counterparts. This Amendment may be executed by different parties hereto in any
number of separate counterparts, each of which, when so executed and delivered shall be an original and all such counterparts shall together constitute one and the same instrument. 

19.    Entire Agreement. This Amendment sets forth the entire agreement and understanding of the parties with
respect to the transactions contemplated hereby and supersedes all prior understandings and agreements, whether written or oral, between the parties hereto relating to the subject matter hereof. No representation, promise, inducement or statement of
intention has been made by any party which is not embodied in this Amendment, and no party shall be bound by or liable for any alleged representation, promise, inducement or statement of intention not set forth herein. 

20.    Headings. The various headings of this Amendment are inserted for convenience only and shall not affect the
meaning or interpretation of this Amendment or any provisions hereof. 
 21.    Construction. The rules of
construction set forth in Section 1.2 [Construction] of the Credit Agreement shall apply to this Amendment. 

22.    Governing Law. This Amendment shall be deemed to be a contract under the laws of the State of New York and
for all purposes shall be governed by and construed and enforced in accordance with the internal laws of the State of New York without regard to its conflict of laws principles. 

23.    Amendment/Novation. This Amendment amends, among other things, the Credit Agreement. All references to the
“Credit Agreement” contained in the other Loan Documents delivered in connection with the Credit Agreement or this Amendment shall, and shall be deemed to refer to the Credit Agreement as amended by this Amendment. Notwithstanding the
foregoing, the Obligations of the Borrower and the other Loan Parties outstanding under the Credit Agreement and the Loan Documents as of the Fourth Amendment Closing Date shall remain outstanding and shall constitute continuing Obligations without
novation and shall 

  
 10 

 
continue as such to be secured by the Collateral. Such Obligations shall in all respects be continuing and this Amendment shall not be deemed to evidence or result in a novation or repayment
and reborrowing of such Obligations. The Liens securing payment of the Obligations under the Credit Agreement, as amended in the form attached to this this Amendment, shall in all respects be continuing, securing the payment of all Obligations.

 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

[SIGNATURE PAGES FOLLOW] 

  
 11 

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have executed this Amendment as of the day and year first
above written. 
  

			
	BORROWER:
	
	 KOPPERS INC.,
 a Pennsylvania
corporation

		
	By:	 	 /s/ Michael J. Zugay

	Name:	 	Michael J. Zugay
	Title:	 	Chief Financial Officer
	
	GUARANTORS:
	
	 KOPPERS HOLDINGS INC.,
 a
Pennsylvania corporation
 KOPPERS DELAWARE, INC.,
 a
Delaware corporation
 KOPPERS ASIA LLC,
 a Delaware
limited liability company
 KOPPERS PERFORMANCE CHEMICALS INC., 
a New York corporation

KOPPERS RAILROAD STRUCTURES INC., 
a Delaware corporation

KOPPERS RECOVERY RESOURCES LLC
 a Kansas limited liability
company

		
	By:	 	 /s/ Steven R. Lacy

	Name:	 	Steven R. Lacy
	Title:	 	Secretary
	
	 KOPPERS VENTURES INC.,
 a
Delaware corporation
 KOPPERS WORLD-WIDE VENTURES CORPORATION,

a Delaware corporation

		
	By:	 	 /s/ Stephanie L. Apostolou

	Name:	 	Stephanie L. Apostolou
	Title:	 	Secretary

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	BORROWER:
	
	KOPPERS-NEVADA LIMITED-LIABILITY COMPANY, 
a Nevada limited liability company 
KOPPERS NZ LLC, 
a New York limited liability company 
WOOD PROTECTION MANAGEMENT LLC, 
a Nevada limited
liability company
		
	By:	 	 /s/ Steven R. Lacy

	Name:	 	Steven R. Lacy
	Title:	 	Manager

 
			
	
	 WOOD PROTECTION LP,
 a Texas
limited partnership
     By:WOOD PROTECTION MANAGEMENT LLC,

          as General Partner

		
	          By:	 	 /s/ Steven R. Lacy

	          Name:	 	Steven R. Lacy
	          Title:	 	Manager

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	BORROWER:
	
	KOPPERS UTILITY AND INDUSTRIAL PRODUCTS INC., 
a South Carolina corporation 
COX WOOD PRESERVING COMPANY, 
a South Carolina corporation 
NATIONAL WOOD SOURCING, LLC, 
a South Carolina
limited liability company 
SUSTAINABLE MANAGEMENT SYSTEMS, LLC, 
a South Carolina limited liability company 
ATLANTIC POLE- GEORGIA, LLC, 
a South Carolina limited liability company 
ATLANTIC POLE- VIRGINIA, LLC,

a South Carolina limited liability company 
COX RECOVERY SERVICES, LLC, 
a South Carolina limited liability company 
RUBY’S CORNER, LLC, 
a South Carolina limited liability company 
SWEETWATER WOOD HOLDINGS,
LLC, 
a South Carolina limited liability company 
CAROLINA POLE, INC., 
a South Carolina corporation 
NORTH-SOUTH WOOD PRESERVING COMPANY, INC., 
a South Carolina Corporation 
STRUCTURAL WOODS PRESERVING
CO., 
a North Carolina corporation 
COVE CITY WOOD PRESERVING, INC., 
a North Carolina corporation 
CAROLINA POLE LELAND, INC., 
a North Carolina corporation 
LELAND LAND LLC, 
a North Carolina limited
liability company 
COX WOOD OF ALABAMA, LLC, 
an Alabama limited liability company 

		
	By:	 	 /s/ Steven R. Lacy

	Name:	 	Steven R. Lacy
	Title:	 	Secretary

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	ADMINISTRATIVE AGENT AND LENDERS:
	
	 PNC BANK, NATIONAL ASSOCIATION,

as a Lender and as Administrative Agent

		
	By:	 	 /s/ Gregory E. Truitt

	Name:	 	Gregory E. Truitt
	Title:	 	Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,

as a Lender

		
	By:	 	 /s/ Joseph F. King

	Name:	 	Joseph F. King
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 BANK OF AMERICA, N.A.,
 as a
Lender

		
	By:	 	 /s/ Katherine Osele

	Name:	 	Katherine Osele
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 FIFTH THIRD BANK, NATIONAL ASSOCIATION

as a Lender

		
	By:	 	 /s/ Michael S. Barnett

	Name:	 	Michael S. Barnett
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 BANK OF MONTREAL,
 as a
Lender

		
	By:	 	 /s/ Joshua Hovermale

	Name:	 	Joshua Hovermale
	Title:	 	Director

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 MUFG BANK, LTD.,
 as a
Lender

		
	By:	 	 /s/ Deborah White

	Name:	 	Deborah White
	Title:	 	Director

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	CITIZENS BANK, N.A., as successor by merger to Citizens Bank of Pennsylvania, as a Lender
		
	By:	 	 /s/ Carl S. Tabacjar, Jr.

	Name:	 	Carl S. Tabacjar, Jr.
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 KEYBANK NATIONAL ASSOCIATION,

as a Lender

		
	By:	 	 /s/ Bruce Sharp

	Name:	 	Bruce Sharp
	Title:	 	Senior Banker

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 NORTHWEST BANK,
 as a
Lender

		
	By:	 	 /s/ C. Forrest Tefft

	Name:	 	C. Forrest Tefft
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 THE HUNTINGTON NATIONAL BANK,

as a Lender

		
	By:	 	 /s/ Marcel Fournier

	Name:	 	Marcel Fournier
	Title:	 	Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 FIRST NATIONAL BANK OF PENNSYLVANIA,

as a Lender

		
	By:	 	 /s/ Dennis F. Lennon

	Name:	 	Dennis F. Lennon
	Title:	 	Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 TRISTATE CAPITAL BANK,
 as a
Lender

		
	By:	 	 /s/ Ellen Frank

	Name:	 	Ellen Frank
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 WASHINGTON FINANCIAL BANK,

as a Lender

		
	By:	 	 /s/ William J. King, Jr.

	Name:	 	William J. King, Jr.
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT] 

 

 
			
	 TRUIST BANK (successor by merger to SunTrust Bank),

as a Lender

		
	By:	 	 /s/ Alexander Harrison

	Name:	 	Alexander Harrison
	Title:	 	Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00305-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00305-of-00352.parquet"}]]