Document:

EX-10.1

 Exhibit 10.1 

BCB COMMUNITY BANK 

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN 

This BCB Community Bank Supplemental Executive Retirement Plan (“Plan”) is adopted as of this 29th day December, 2021
(the “Effective Date”) by BCB Community Bank, a New Jersey corporation (the “Employer” or the “Bank”) for the benefit of Tom Coughlin (the “Executive”). The purpose of the Plan is
to provide supplemental nonqualified pension benefits to the Executive and incentivize Executive to continue to make substantial contributions to the success of the Employer. 

This Plan is intended to be and shall be administered as an income tax nonqualified, unfunded plan primarily for the purpose of providing
deferred compensation for a select group of management or highly compensated employees within the meaning of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), Sections 201(2), 301(a)(3), and 401(a)(1). This
Plan is intended to comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and, accordingly, the intent of the parties hereto is that the Plan shall be operated and
interpreted consistent with the requirements thereof. 
 ARTICLE 1 

DEFINITIONS 
 Whenever used
in this Plan, the following terms have the meanings specified: 
 1.1.    “Account Balance” means, as of
any date, the liability that should be accrued by the Bank under generally accepted accounting principles (“GAAP”) on behalf of the Executive. 

1.2.     “Annuity Contract” means annuity contracts to be purchased and solely owned by the Bank from
Nationwide Insurance and National Western Life Insurance Company, or such other annuity contracts (a) as the Bank may purchase from time to time in accordance with Plan Section 2.3 or otherwise, the income value of which the Bank intends
to serve as the measure of the Plan benefit for Executive and (b) are identified by Policy number in writing by the Bank as an “Annuity Contract” under this Plan. 

1.3.    “Beneficiary” means the person or entity designated, or otherwise determined in accordance with
Article 4, in writing by the Executive to receive death benefits pursuant to this Plan in the event of the Executive’s death. 

1.4.    “Beneficiary Designation Form” means the form established from time to time by the Plan
Administrator that the Executive completes, signs, and returns to the Plan Administrator to designate one or more Beneficiaries. 

1.5.    “Board” means the Board of Directors of the Employer. 

1.6.    “Change in Control” means the occurrence, through sale, exchange, merger, redemption or otherwise
of a (i) change in ownership as defined in Treasury Regulation §l.409A-3(i)(5)(v), (ii) change in effective control as defined in Treasury Regulation
§l.409A-3(i)(5)(vi), or (iii) change in the ownership of a substantial portion of the assets of the Bank as defined in Treasury Regulation
§1.409A-3(i)(5)(vii) as currently in effect and as may hereafter from time to time be amended. 

1.7.    “Disability” shall mean the Executive (i) is unable to engage in any substantial gainful
activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of net less than twelve (12) months or (ii) is, by reason of any
medically determinable physical or mental impairment that can be expected to result in 

 
death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under
an accident and health plan covering employees of the Employer. 
 1.8.    “ERISA” means the Employee
Retirement Income Security Act of 1974. 
 1.9.    “Rider” means the income rider attached to the
Annuity Contract as an endorsement or other product feature that operates as an income rider, with such feature providing for a withdrawal or payment feature for the life of the annuitant. 

1.10.    “Normal Retirement Age” means age sixty-five (65). 

1.11.    “Separation from Service” means separation from service as that term is defined and interpreted
in Section 409A of the Code and Treasury Regulation §1.409A-1(h) or in subsequent regulations or other guidance issued by the Internal Revenue Service. 

ARTICLE 2 
 ASSET
FINANCING, OWNERSHIP AND RIGHTS 
 2.1.    Annuity Contract and Other Investments. For purposes of satisfying
its obligations to provide benefits under this Plan, the Bank has initially invested in the Annuity Contract and may invest in other investments. However, nothing in this Section shall require the Bank to invest in any particular form of investment.

 2.2.    Ownership of the Annuity Contract. The Bank is the sole owner of the Annuity Contract, and other such
investments, and shall have the right to exercise all incidents of ownership. The Bank shall be the beneficiary of the death proceeds of the Annuity Contract. The Bank shall at all times be entitled to the Annuity Contract’s cash surrender
value, as that term is defined in the Annuity Contract. 
 2.3.    Right to Annuity Contract. Notwithstanding any
provision hereof to the contrary, the Bank shall have the right to sell or surrender any Annuity Contract without terminating this Plan, provided the Bank replaces the Annuity Contract with a comparable annuity policy, or asset of comparable value,
with a comparable lifetime withdrawal feature and comparable benefit value. Without limitation, the Annuity Contract at all times shall be the exclusive property of the Bank and shall be subject to the claims of the Bank’s creditors. 

2.4.    Rabbi Trust. Employer may establish a “rabbi trust” to which contributions may be made to provide
the Employer with a source of funds for purposes of satisfying the obligations of the Employer under the Plan. The trust shall constitute an unfunded arrangement and shall not affect the status of the Plan as an unfunded plan. Neither the Executive
nor the Beneficiary shall have any beneficial ownership interest in any assets held in the trust. 
 ARTICLE 3 

RETIREMENT AND OTHER BENEFITS 

3.1.    Normal Retirement Benefit. Upon the Executive’s Separation from Service after reaching Normal
Retirement Age for any reason other than death or Disability, the Executive will be entitled to the Normal Retirement Benefit. The Normal Retirement Benefit is equal to the amount that is payable from the Annuity Contract through the Rider as of the
date of Separation from Service. The Normal Retirement Benefit will commence on the first (1st) day of the second month following the Executive’s Separation from Service, payable monthly and continuing for the Executive’s lifetime. 

  
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 3.2.    Early Retirement Benefit. In the event the Executive
should incur a Separation from Service prior to Normal Retirement Age for any reason other than death or Change in Control, the Executive will be entitled to the monthly benefit payment described in this Section 3.2. The amount of the benefit
will be the Vested Percentage of the amount that is paid from the Annuity Contract at Normal Retirement Age through the Rider. The Vested Percentage is shown in the following table: 

 

					
	 At the End of

Calendar Year
	  	Vested Percentage	 
	 2021
	  	 	50	% 
	 2022
	  	 	75	% 
	 2023
	  	 	100	% 

 Benefit payments will commence on the first day of the second month following the Executive’s Normal
Retirement Age and will continue for the Executive’s lifetime. 
 3.3.    Disability Benefit. In the event
the Executive should incur a Separation from Service as a result of Disability prior to Normal Retirement Age, the Executive will be entitled to the monthly benefit payment described in Section 3.2, the Early Retirement Benefit. The Disability
Benefit will be paid at the time and in the form as provided in Section 3.2. 
 3.4.    Change in Control
Benefit. If the Executive is actively employed at the time of a Change in Control and incurs a Separation from Service, except for Cause, within twenty-four (24) months following the Change in Control, the Executive will fully vest in the
amount of the Normal Retirement Benefit as defined in paragraph 3.1. The Employer will establish a “rabbi trust”, if one has not already been established, for the purposes of this Plan, to which assets will be contributed to provide the
Employer with a source of funds for purposes of satisfying the obligations of the Employer under the Plan. The amount of the contribution to the “rabbi trust” will be the amount sufficient to satisfy the benefit under this paragraph 3.4.
Benefit payments will commence on the first day of the second month following the later of the Executive’s Normal Retirement Age or Separation from Service and will continue for the Executive’s lifetime. 

3.5.    Death Benefits. 

(a)    Death During Active Service. Upon the death of the Executive while in active service with the Employer, the
Employer shall pay to the Executive’s Beneficiary the Account Balance, payable in a single lump sum within sixty (60) days of the date of death. This shall be the Executive’s benefit in lieu of any other benefit under this Plan. 

(b)    Death Following a Separation from Service. 

(i)     Upon the death of the Executive following a Separation from Service not for Cause but before
benefit payments under the Plan have commenced, the Employer shall make payments to the Executive’s Beneficiary as if the Executive had survived to the commencement date of benefit payments, until a total of one hundred eighty
(180) monthly payments have been made. 
 (ii)     Upon the death of the Executive after benefit
payments have commenced under the Plan but before receiving a total of one hundred eighty (180) monthly payments, the Employer shall continue to make payments to the Executive’s Beneficiary until a total of one hundred eighty
(180) payments have been made. If the Executive dies after receiving at least one hundred eighty (180) benefit payments, this Agreement will terminate and no additional payments will be made to the Executive’s Beneficiary under the
Plan. 

  
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 3.6.    Restriction on Timing of Distributions. Notwithstanding
the applicable provisions of this Plan regarding timing of payments, the following special rules shall apply if the stock of the Employer is publicly traded at the time of the Executive’s Separation from Service in order for this Plan to comply
with Section 409A of the Code: (i) to the extent the Executive is a “specified employee” (as defined under Section 409A of the Code) at the time of a distribution and to the extent such applicable provisions of
Section 409A of the Code and the regulations thereunder require a delay of such distributions by a six-month period after the date of such Executive’s Separation from Service with the Employer, no
such distribution shall be made prior to the date that is six months after the date of the Executive’s Separation from Service with the Employer, and (ii) any such delayed payments shall be paid to the Executive in a single lump sum within
five (5) business days after the end of the six (6) month delay. 
 3.7.    Acceleration of Payments.
Except as specifically permitted herein, no acceleration of the time or schedule of any payment may be made hereunder. Notwithstanding the foregoing, payments may be accelerated, in accordance with the provisions of Treasury Regulation §1.409A-3G)(4) in the following circumstances: (i) as a result of certain domestic relations orders; (ii) in compliance with the ethics laws or conflicts of interest laws; (iii) in limited
cashouts (but not in excess of the limit under Code §402(g)(l)(B)); (iv) to pay employment-related taxes; or (v) to pay any taxes that may become due at any time that the Agreement fails to meet the requirements of Section 409A. 

ARTICLE 4 
 BENEFICIARIES

 4.1.    Beneficiary Designations. The Executive shall have the right to designate at any time a
Beneficiary to receive any benefits payable under this Plan upon the death of the Executive. The Beneficiary designated under this Plan may be the same as or different from the Beneficiary designation under any other benefit plan of the Employer in
which the Executive participates. 
 4.2.    Beneficiary Designation; Changes. The Executive shall designate a
Beneficiary by completing and signing the Beneficiary Designation Form and delivering it to the Plan Administrator or its designated agent. The Executive’s Beneficiary designation shall be deemed automatically revoked if the Beneficiary
predeceases the Executive or if the Executive names a spouse as Beneficiary and the marriage is subsequently dissolved. The Executive shall have the right to change a Beneficiary by completing, signing, and otherwise complying with the terms of the
Beneficiary Designation Form and the Plan Administrator’s rules and procedures, as in effect from time to time. Upon the acceptance by the Plan Administrator of a new Beneficiary Designation Form, all Beneficiary designations previously filed
shall be cancelled. The Plan Administrator shall be entitled to rely on the last Beneficiary Designation Form filed by the Executive and accepted by the Plan Administrator before the Executive’s death. 

4.3.    Acknowledgment. No designation or change in designation of a Beneficiary shall be effective until received
in writing by the Plan Administrator or its designated agent. 
 4.4.    No Beneficiary Designation. If the
Executive dies without a valid Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall
be distributed to the personal representative of the Executive’s estate. 
 4.5.    Facility of Payment. If
a benefit is payable to a minor, to a person declared incapacitated, or to a person incapable of handling the disposition of his or her property, the Employer may pay such 

  
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benefit to the guardian, legal representative, or person having the care or custody of the minor, incapacitated person, or incapable person. The Employer may require proof of incapacity,
minority, or guardianship as it may deem appropriate before distribution of the benefit. Distribution shall completely discharge the Employer from all liability for the benefit. 

ARTICLE 5 
 GENERAL
LIMITATIONS 
 5.1.    Limits on Payments. Notwithstanding anything contained in this Plan to the contrary,
it is understood and agreed that the Bank shall not be required to make any payment or take any action under this Plan if: (a) such payment or action is prohibited by any governmental agency having jurisdiction over the Bank (hereinafter
referred to as “Regulatory Authority”) in light of the fact that the Bank has been declared by Regulatory Authority to be troubled, or operating in an unsafe or unsound matter; or (b) such payment or action (i) would be
prohibited by or would violate any provision of state or federal law applicable to the Bank, as now in effect or hereafter amended, (ii) would be prohibited by or would violate any applicable rules, regulations, orders or statements of policy,
whether now existing or hereafter promulgated, of any Regulatory Authority, or (iii) otherwise would be prohibited by any Regulatory Authority. 

5.2.    Excess Parachute or Golden Parachute Payment. Notwithstanding any provision of this Agreement to the
contrary, any benefit provided under this Agreement when added to all other amounts or benefits provided to or on behalf of Executive in connection with his termination of employment, would result in the imposition of an excise tax under
Section 4999 of the Code, such payments shall be retroactively (if necessary) reduced to the extent necessary to avoid such excise tax imposition, or shall be forfeited to the extent the benefit would be a prohibited golden parachute payment
pursuant to 12 C.F.R. §359.2 and for which the appropriate federal banking agency had not given written consent to pay pursuant to 12 C.F.R. §359.4. Upon written notice to Executive, together with calculations of Bank’s independent
auditors, Executive shall remit to Bank the amount of the reduction plus such interest as may be necessary to avoid the imposition of such excise tax. Notwithstanding the foregoing or any other provision of this contract to the contrary, if any
portion of the amount herein payable to the Executive is determined to be non-deductible pursuant to the regulations promulgated under Section 280G of the Code, the Bank shall be required only to pay to
Executive the amount determined to be deductible under Section 280G of the Code. 
 5.3.    Termination for
Cause. Notwithstanding anything to the contrary contained herein, in the event of the Executive’s termination for Cause, this Plan shall terminate and no benefits shall be payable under the Plan. For this purpose, “Cause” shall be
defined as (i) conviction of a crime involving moral turpitude; (ii) willful misconduct or gross neglect of duties which, in either case, has resulted, or in all probability is likely to result, in material economic damage to the Bank;
provided that within 30 days after receiving notice of such misconduct or neglect, on which the board is relying to terminate you for cause, you are provided the opportunity defend yourself before the board; or (iii) a repeated failure by
Executive to follow the written directives of the board or any written Bank policy or guidelines expressly approved by the board which has resulted, or in all probability is likely to result, in material economic damage to the Bank; provided,
however, that if you initially refuse to obey the written directives of the board, (a) you are furnished a written statement by the board that it believes in good faith that the acts or non-acts in
respect of the direction that is given you is in the best interests of the Bank, and (b) you are provided the opportunity to discuss with the board reasons for not complying with the board’s directives; provided further that your refusal
to follow any written directive of the board that would cause you to commit any illegal act or engage in any illegal course of conduct shall not be grounds for terminating your employment for Cause. 

  
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 5.4.    Non-solicit.
Executive hereby covenants and agrees that for a period of one (1) year following Executive’s Separation from Service (other than a Separation from Service following a Change in Control), Executive shall not, without the written consent of
the Bank, either directly or indirectly: 
 (a)    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; or 

(b)    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. 

The Executive hereby agrees that, except in the case of benefit payments made under paragraph 3.4, the Executive shall be subject to the non-solicit requirements set forth herein. Failure to comply with such requirements for the period set forth herein shall result in the forfeiture of the Executive’s benefit under the Plan. 

ARTICLE 6 
 CLAIMS AND
REVIEW PROCEDURES 
 6.1.    Claims Procedure. A person or Beneficiary (a “claimant”) who
has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows: 

(a)    Initiation - Written Claim. The claimant initiates a claim by submitting to the Plan Administrator a written
claim for the benefits. If the claim relates to the contents of a notice received by the claimant, the claim must be made within sixty (60) days after the notice was received by the claimant. All other claims must be made within one hundred
eighty (180) days after the date of the event that caused the claim to arise. The claim must state with particularity the determination desired by the claimant. 

(b)    Timing of Plan Administrator Response. The Plan Administrator shall respond to such claimant within ninety
(90) days after receiving the claim, (within forty-five (45) days for Disability benefits). If the Plan Administrator determines that special circumstances require additional time for processing the claim, the Plan Administrator can extend
the response period by an additional ninety (90) days, (thirty (30) days for Disability), by notifying the claimant in writing, prior to the end of the initial ninety (90)-day period (or forty-five
(45) days, as applicable), that an additional period is required. The notice of extension must set forth the special circumstances and the date by which the Plan Administrator expects to render its decision. If the extension is with respect to
Disability benefits, the notice shall specifically explain the standards on which entitlement to a benefit is based, the unresolved issues that prevent a decision on the claim, and the additional information needed to resolve those issues, and the
claimant shall be given 45 days to provide the specified information. The time period shall begin at the time a claim is filed, whether or not all information necessary for a determination accompanies the filing. If the time period is extended due
to insufficient information needed to decide a Disability claim, the period for making the Disability determination shall be tolled from the date on which the notification of the extension is sent to the claimant until the date on which the claimant
responds to the request for additional information. 

  
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 (c)    Notice of Decision. If the Plan Administrator denies part
or all of the claim, the Plan Administrator shall notify the claimant in writing of such denial. The Plan Administrator shall write the notification in a manner calculated to be understood by the claimant. The notification shall set forth: 

(i)    The specific reasons for the denial, 

(ii)    A reference to the specific provisions of the Plan on which the denial is based, 

(iii)    A description of any additional information or material necessary for the claimant to perfect the
claim and an explanation of why it is needed, 
 (iv)    An explanation of the Plan’s review
procedures and the time limits applicable to such procedures, and 
 (v)    in the case involving
Disability, a copy of any internal rule, guideline, protocol or other similar criterion that was relied upon in making the decision and, if based on a medical necessity or experimental treatment or similar exclusion or limit, either an explanation
of the scientific or clinical judgment for the determination, or a statement that such explanation will be provided free of charge upon request. 

6.2.    Review Procedure. If the Plan Administrator denies part or all of the claim, the claimant shall have the
opportunity for a full and fair review by the Plan Administrator of the denial, as follows: 
 (a)    Initiation -
Written Request. To initiate the review, the claimant, within sixty (60) days (180 days for a Disability claim) after receiving the Plan Administrator’s notice of denial, must file with the Plan Administrator a written request for
review. 
 (b)    Additional Submissions - Information Access. The claimant shall then have the opportunity to
submit written comments, documents, records and other information relating to the claim. The Plan Administrator shall also provide the claimant, upon request and free of charge, reasonable access to, and copies of, all documents, records and other
information relevant (as defined in applicable ERISA regulations) to the claimant’s claim for benefits. 

(c)    Considerations on Review. In considering the review, the Plan Administrator shall take into account all
materials and information the claimant submits relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination. 

(d)    Additional Information For Disability. In a claim for Disability, the following shall also apply: 

(i)    the review shall not give any deference to the initial adverse determination; 

(ii)    if the appeal is based in whole or in part on a medical judgment, the Bank shall consult with a
health care professional who has appropriate training and experience in the field of medicine involved in the medical judgment; 

(iii)    any medical or vocational experts whose advice was obtained in connection with the adverse
determination shall be identified, without regard to whether the advice was relied upon in making the benefit determination; and 

  
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 (iv)    the health care professional engaged for
purposes of a consultation under (b) above shall not be the individual who was consulted in connection with the adverse determination that is the subject of the appeal, nor the subordinate of any such individual. 

(e)    Timing of Plan Administrator Response. The Plan Administrator shall respond in writing to such claimant
within sixty (60) days after receiving the request for review. If the Plan Administrator determines that special circumstances require additional time for processing the claim, the Plan Administrator can extend the response period by an
additional sixty (60) days by notifying the claimant in writing, prior to the end of the initial sixty (60)-day period, that an additional period is required. The notice of extension must set forth the
special circumstances and the date by which the Plan Administrator expects to render its decision. 
 (f)    Notice
of Decision. The Plan Administrator shall notify the claimant in writing of its decision on review. The Plan Administrator shall write the notification in a manner calculated to be understood by the claimant. The notification shall set forth:

 (i)    The specific reasons for the denial, 

(ii)    A reference to the specific provisions of the Plan on which the denial is based, 

(iii)    A statement that the claimant is entitled to receive, upon request and free of charge, reasonable
access to, and copies of, all documents, records and other information relevant (as defined in applicable ERISA regulations) to the claimant’s claim for benefits, and 

(iv)    A statement of the claimant’s right to bring a civil action under ERISA Section 502(a),
and 
 (v)    in the case involving Disability benefits, a copy of any internal rule, guideline, protocol
or other similar criterion that was relied upon in making the decision and, if the adverse determination is based on a medical necessity or experimental treatment or similar exclusion or limit, either an explanation of the scientific or clinical
judgment for the determination, or a statement that such explanation will be provided free of charge upon request; and the following statement: “You and your Plan may have other voluntary alternative dispute resolution options, such as
mediation. One way to find what may be available is to contact your local U.S. Department of Labor Office or your State insurance regulatory agency. 

ARTICLE 7 
 MISCELLANEOUS

 7.1.    Amendments and Termination. Subject to paragraph 7.12 of this Plan, this Agreement may be amended
or terminated solely by a written agreement signed by the Bank and by the Executive. 
 7.2.    No Guarantee of
Employment. This Plan is not an employment policy or contract. It does not give any Executive the right to remain an employee of the Employer, nor does it interfere with the Employer’s right to discharge the Executive. It also does not
require any Executive to remain an employee nor interfere with any Executive’s right to terminate employment at any time. 

  
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7.3.    Non-Transferability. Benefits under this Plan cannot be sold,
transferred, assigned, pledged, attached, or encumbered in any manner. 
 7.4.    Tax Withholding. The Employer
shall withhold any taxes that are required to be withheld from the benefits provided under this Plan. 

7.5.    Applicable Law. Except to the extent preempted by the laws of the United States of America, the validity,
interpretation, construction and performance of this Plan shall be governed by and construed in accordance with the laws of the State of New Jersey, without giving effect to the principles of conflict of laws of such state. 

7.6.    Unfunded Arrangement. The Executive and the Beneficiary are general unsecured creditors of the Employer for
the payment of benefits under this Plan. The benefits represent the mere promise by the Employer to pay such benefits. The rights to benefits are not subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance,
attachment, or garnishment by creditors. Any insurance, annuity contract or other asset purchased by Employer to fund its obligations under this Plan shall be a general asset of the Employer to which the Executive and Beneficiary have no preferred
or secured claim. 
 7.7.    Benefit Provision. Notwithstanding the provisions of this Plan in the payment of the
benefits under Article 3, any benefits payable under this Plan are contingent solely upon the amount that is provided by the Annuity Contract(s) as identified in this Plan or other provision as provided for in Article 2. 

7.8.    Severability. If any provision of this Plan is held invalid, such invalidity shall not affect any other
provision of this Plan, and each such other provision shall continue in full force and effect to the full extent consistent with law. If any provision of this Plan is held invalid in part, such invalidity shall not affect the remainder of the
provision, and the remainder of such provision together with all other provisions of this Plan shall continue in full force and effect to the full extent consistent with law. 

7.9.    Headings. The headings of articles herein are included solely for convenience of reference and shall not
affect the meaning or interpretation of any provision of this Plan. 
 7.10.    Notices. All notices, requests,
demands, and other communications hereunder shall be in writing and shall be deemed to have been duly given if delivered by hand or mailed, certified or registered mail, return receipt requested, with postage prepaid. Unless otherwise changed by
notice, notice shall be properly addressed to the Executive if addressed to the address of the Executive on the books and records of the Employer at the time of the delivery of such notice, and properly addressed to the Employer if addressed to the
Board, at 595 Avenue C, Bayonne, New Jersey 07002, Attn: Corporate Secretary. 
 7.11.    Payment of Legal Fees.
In the event litigation ensues between the parties concerning the enforcement of the obligations of the parties under this Plan, the Employer shall pay all costs and expenses in connection with such litigation until such time as a final
determination (excluding any appeals) is made with respect to the litigation. If the Employer prevails on the substantive merits of each material claim in dispute in such litigation, the Employer shall be entitled to receive from the Executive all
reasonable costs and expenses, including without limitation attorneys’ fees, incurred by the Employer on behalf of the Executive in connection with such litigation, and the Executive shall pay such costs and expenses to the Employer promptly
upon demand by the Employer. 
 7.12.    Termination or Modification of Plan Because of Changes in Law, Rules or
Regulations. The Employer is entering into this Plan on the assumption that certain existing tax laws, rules, and 

  
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regulations will continue in effect in their current form. If that assumption materially changes and the change has a material detrimental effect on this Plan, then the Employer reserves the
right to terminate or modify this Plan accordingly. 
 ARTICLE 8 

ADMINISTRATION OF AGREEMENT 

8.1.    Plan Administrator Duties. This Plan shall be administered by a Plan Administrator consisting of the Board
or such committee or person(s) as the Board shall appoint. The Plan Administrator shall have the sole and absolute discretion and authority to interpret and enforce all appropriate rules and regulations for the administration of this Plan and the
rights of the Executive under this Plan, to decide or resolve any and all questions or disputes arising under this Plan, including benefits payable under this Plan and all other interpretations of this Plan, as may arise in connection with the Plan.
No benefit shall be payable hereunder to any person unless the Plan Administrator, in its sole discretion, determines such benefit is due. 

8.2.    Agents. In the administration of this Plan, the Plan Administrator may employ agents and delegate to them
such administrative duties as it sees fit (including acting through a duly appointed representative) and may from time to time consult with counsel, who may be counsel to the Employer. 

8.3.    Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question
arising out of or in connection with the administration, interpretation, and application of the Plan and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Plan. 

8.4.    Indemnity of Plan Administrator. The Plan Administrator shall not be liable to any person for any action
taken or omitted in connection with the interpretation and administration of this Plan, unless such action or omission is attributable to the willful misconduct of the Plan Administrator or any of its members. The Employer shall indemnify and hold
harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses, or liabilities arising from any action or failure to act with respect to this Plan, except in the case of willful misconduct by the Plan
Administrator or any of its members. 
 8.5.    Employer Information. To enable the Plan Administrator to perform
its functions, the Employer shall supply full and timely information to the Plan Administrator on all matters relating to the date and circumstances of the retirement, Disability, death, or Separation of Service of the Executive and such other
pertinent information as the Plan Administrator may reasonably require. 
 This Supplemental Executive Retirement Plan Agreement is hereby
adopted as of the date written above. 
  

									
	THE EXECUTIVE:	 	                        	 	BCB COMMUNITY BANK	 	                    
					
	 /s/ Thomas M. Coughlin

Thomas M. Coughlin
	 		 	By:	 	 /s/ Thomas Keating

Thomas Keating
	 	
					
		 		 	Title:	 	 Chief Financial Officer
	 	

  
 10Document

Exhibit 10.10

Proprietary Information and Inventions Agreement
The following agreement (the “Agreement”) between Credo Semiconductor, Inc. (the “Company”), and the individual identified on the signature page to this Agreement (“Employee” or “I”) is effective as of the first day of my employment by the Company. I acknowledge that this Agreement is a material part of the consideration for my employment and continued employment by the Company. In exchange for the foregoing, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
1. No Conflicts.  I have not made, and agree not to make, any agreement, oral or written, that is in conflict with this Agreement or my employment with the Company. I will not violate any agreement with or the rights of any third party. When acting within the scope of my employment (or otherwise on behalf of the Company), I will not use or disclose my own or any third party’s confidential information or intellectual property (collectively, “Restricted Materials”), except as expressly authorized by the Company in writing. Further, I have not retained anything containing or reflecting any confidential information of a prior employer or other third party, whether or not created by me.
2. Inventions.
a. Definitions. “Intellectual Property Rights” means any and all patent rights, copyright rights, trademark rights, mask work rights, trade secret rights, sui generis database rights and all other intellectual and industrial property rights of any sort throughout the world (including any application therefor). “Invention” means any idea, concept, discovery, invention, development, research, technology, work of authorship, trade secret, software, firmware, content, audio-visual material, tool, process, technique, know-how, data, plan, device, apparatus, specification, design, prototype, circuit, layout, mask work, algorithm, program, code, documentation or other material or information, tangible or intangible, whether or not it may be patented, copyrighted, trademarked or otherwise protected (including all versions, modifications, enhancements and derivative works thereof).
b. Assignment. Except to the extent that an Invention qualifies fully under the provisions of California Labor Code Section 2870, to the fullest extent possible under applicable law, the Company shall own all right, title and interest in and to all Inventions (including all Intellectual Property Rights therein or related thereto) that are made, conceived or reduced to practice, in whole or in part, by me during the term of my employment with the Company and which arise out of any use of Company’s facilities or assets or any research or other activity conducted by, for or under the direction of the Company (whether or not (i) conducted at the Company’s facilities, (ii) during working hours or (iii) using Company assets), or which are useful with or relate directly or indirectly to any “Company Interest” (meaning any product, service, other Invention or Intellectual Property Right that is sold, leased, used, proposed, under consideration or under development by the Company). I will promptly disclose and provide all of the foregoing Inventions (the “Assigned Inventions”) to the Company. I hereby make and agree to make all assignments to the Company necessary to effectuate and accomplish the foregoing ownership. 

Assigned Inventions shall not include any Invention that is both (x) developed entirely on my own time, without use of any Company assets, ideas or direction and (y) not useful with or related to any Company Interest.
c. Assurances. I will further assist the Company, at its expense, to evidence, record and perfect such assignments, and to perfect, obtain, maintain, enforce and defend any rights specified to be so owned or assigned. I hereby irrevocably designate and appoint the Company and its officers as my agents and attorneys-in-fact, coupled with an interest, to act for and in my behalf to execute and file any document and to perform all other lawfully permitted acts to further the purposes of the foregoing with the same legal force and effect as if executed by me.
d. Other Inventions. If I wish to clarify that something created by me prior to my employment, which relates or may relate to the Company’s actual or proposed business, is not within the scope of the assignment of Inventions under this Agreement, then I have listed it on Appendix A. If (i) I use or disclose any Restricted Materials (including anything listed in Appendix A) when acting within the scope of my employment (or otherwise on behalf of the Company), or (ii) any Assigned Invention cannot be fully made, used, reproduced or otherwise exploited without using or violating any Restricted Materials, I hereby grant and agree to grant to the Company a perpetual, irrevocable, worldwide, royalty-free, non-exclusive, transferable, sublicensable right and license to exploit and exercise all such Restricted Materials and Intellectual Property Rights therein. I will not use or disclose any Restricted Materials for which I am not fully authorized to grant the foregoing license.
e. Moral Rights.  To the extent allowed by applicable law, the terms of this Section 2 include all rights of paternity, integrity, disclosure, withdrawal and any other rights that may be known as or referred to as moral rights, artist’s rights, droit moral or the like (collectively, “Moral Rights”). To the extent I retain any such Moral Rights under applicable law, I hereby ratify and consent to any action that may be taken with respect to such Moral Rights by or authorized by the Company and agree not to assert any Moral Rights with respect thereto. I will confirm any such ratification, consent or agreement from time to time as requested by the Company. Furthermore, I agree that notwithstanding any rights of publicity, privacy or otherwise (whether or not statutory) anywhere in the world and without any further compensation, the Company may and is hereby authorized to use my name, likeness and voice in connection with promotion of its business, products and services and to allow others to do so.
3. Proprietary Information.  I agree that all Assigned Inventions and all other financial, business, legal and technical information, including the identity of and any other information relating to the Company’s employees, Affiliates and Business Partners (as such terms are defined below), which I develop, learn or obtain during my employment or that are received by or for the Company in confidence, constitute “Proprietary Information.” I will hold all Proprietary Information in strict confidence, and will not directly or indirectly disclose any Proprietary Information, and will not use any Proprietary Information (except within the scope of my employment), and I understand that these obligations will continue after my employment with the Company ends. Proprietary Information shall not include information that I can document is 

or becomes readily available to the public without restriction through no act or omission of mine. Upon termination of my employment, I will promptly return to the Company all items containing or embodying Proprietary Information (including all copies), except that I may keep my personal copies of (a) my compensation records, (b) materials distributed to shareholders generally and (c) this Agreement. I also recognize and agree that I have no expectation of privacy with respect to the Company’s networks, telecommunications systems or information processing systems (including, without limitation, stored computer files, email messages and voice messages), and that my activity and any files or messages on or using any of those systems may be monitored at any time without notice, regardless of whether such activity occurs on equipment owned by me or the Company. I further agree that any property situated on the Company’s premises and owned, leased or otherwise possessed by the Company, including computers, computer files, email, voicemail, storage media, filing cabinets or other work areas, is subject to inspection by Company personnel at any time with or without notice.
NOTE: This agreement does not affect any immunity under certain provisions of the Defend Trade Secrets Act (18 USC Sections 1833(b) (1) or (2)), which read as follows: 
(1)    An individual shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that (A) is made (i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal.
(2)    An individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual (A) files any document containing the trade secret under seal; and (B) does not disclose the trade secret, except pursuant to court order.
4. Restricted Activities.  For the purposes of this Section 4, the term Company includes the Company and all other persons or entities that control, are controlled by or are under common control with the Company (“Affiliates”).
a. Definitions.  “Any Capacity” includes, without limitation, to (i) be an owner, founder, shareholder, partner, member, advisor, director, consultant, contractor, agent, employee, affiliate or co-venturer, (ii) otherwise invest, engage or participate in, (iii) be compensated by or (iv) prepare to be or do any of the foregoing or assist any third party to do so; provided, Any Capacity will not include being a holder of less than one percent (1%) of the outstanding equity of a public company. “Business Partner” means any past, present or prospective customer, vendor, supplier, distributor or other business partner of the Company and I understand that the identity of Business Partners is Proprietary Information, and a trade secret of the Company. “Cause” means to recruit, or otherwise solicit, induce, or influence, or to attempt to do so. “Solicit” means to (1) seek the business or patronage of any Business Partner for myself or any 

other person or entity, (2) divert, entice or otherwise take away from the Company the business or patronage of any Business Partner, or to attempt to do so, or (3) solicit, induce or encourage any Business Partner to terminate or reduce its relationship with the Company.
b. Acknowledgments.
i.    I acknowledge and agree that (1) the Company's business is highly competitive, secrecy of the Proprietary Information is of the utmost importance to the Company and I will learn and use Proprietary Information in performing my work for the Company and (2) my position may require me to establish goodwill with Business Partners and employees on behalf of the Company and such goodwill is extremely important to the Company's success and that Company has made substantial investments to develop its business interests and goodwill.
ii.    I agree that the limitations as to time, geographical area and scope of activity to be restrained in this Section 4 are reasonable and are not greater than necessary to protect the goodwill or other business interests of Company. I further agree that such investments are worthy of protection and that Company’s need for protection afforded by this Section 4 is greater than any hardship I may experience by complying with its terms.
iii.   I acknowledge that my violation or attempted violation of the agreements in this Section 4 will cause irreparable damage to Company or its Affiliates, and I therefore agree that Company shall be entitled as a matter of right to an injunction, out of any court of competent jurisdiction, restraining any violation or further violation of such agreements by me or others acting on my behalf. Company’s right to injunctive relief shall be cumulative and in addition to any other remedies provided by law or equity.
iv.   Although the parties believe that the limitations as to time, geographical area and scope of activity contained herein are reasonable and do not impose a greater restraint than necessary to protect the goodwill or other business interests of Company, if it is judicially determined not to be the case, the limitations shall be reformed to the extent necessary to make them reasonable and not to impose a restraint that is greater than necessary to protect the goodwill or other business interests of Company.
v.   The Company and I agree that the provisions of this Section 4, as so amended, shall be valid and binding as though any invalid or unenforceable provision had not been included.
c. As an Employee.   During my employment with the Company, I will not directly or indirectly: (i) Cause any person to leave their employment with the Company (other than terminating subordinate employees in the course of my duties for the Company); (ii) Solicit any Business Partner; (iii) act in Any Capacity in or with respect to any commercial activity which competes, or is reasonably likely to compete, with any business that the Company conducts, proposes to conduct or demonstrably anticipates conducting, at any time during my employment (a “Competing Business”); (iv) enter into in an employment, consulting or other similar relationship with another person or entity that requires a significant time commitment without the prior written consent of the Company; or (v) make, or cause to be made, any statements, observations, 

or opinions, or communicate any information (whether oral or written), that disparages or is likely in any way to harm the reputation of the Company, its customers, users and/or business partners except that nothing contained in this Agreement shall be deemed to prohibit me from testifying truthfully under oath pursuant to any lawful court order or subpoena or otherwise responding to or providing disclosures required by law.
d. After Termination.  For the period of twelve (12) months immediately following termination of my employment with the Company (for any or no reason, whether voluntary or involuntary), I will not directly or indirectly: (i) Cause any person to leave their employment with the Company; or (ii) Solicit any Business Partner. The foregoing time frames shall be increased by the period of time from the commencement of any violation of the foregoing provisions until such time as I have cured such violation. I understand that this Agreement and Section 4.d in particular is intended to comply with California Business and Professions Code Section 16600, and agree to work together with the Company in good faith to cure any issue which arises regarding its enforceability.
5. Employment at Will. I agree that this Agreement is not an employment contract for any particular term. I have the right to resign and the Company has the right to terminate my employment at will, at any time, for any or no reason, with or without cause. This Agreement does not purport to set forth all of the terms and conditions of my employment, and as an employee of the Company, I have obligations to the Company which are not described in this Agreement. However, the terms of this Agreement govern over any such terms that are inconsistent with this Agreement, and supersede the terms of any similar form that I may have previously signed. This Agreement can only be changed by a subsequent written agreement signed by the Chief Executive Officer or President of the Company, or an authorized designee.
6. Survival. I agree that any change or changes in my employment title, duties, compensation or equity interest after the signing of this Agreement shall not affect the validity or scope of this Agreement. I agree that my obligations under Sections 2, 3 and 4 of this Agreement shall continue in effect after termination of my employment, regardless of the reason, and whether such termination is voluntary or involuntary, and that the Company is entitled to communicate my obligations under this Agreement to any of my potential or future employers. I will provide a copy of this Agreement to any potential or future employers of mine, so that they are aware of my obligations hereunder. My obligations under Sections 2, 3 and 4 also shall be binding upon my heirs, executors, assigns and administrators, and shall inure to the benefit of the Company, its Affiliates, successors and assigns. This Agreement may be freely assigned by the Company to any third party. 
7. Miscellaneous.  Any dispute in the meaning, effect or validity of this Agreement shall be resolved in accordance with the laws of the State of California without regard to the conflict of laws provisions thereof. Any legal action or proceeding relating to this Agreement shall be brought exclusively in the state or federal courts located in Santa Clara County, California, and each party consents to the jurisdiction thereof. The failure of either party to enforce its rights under this Agreement at any time for any period shall not be construed as a waiver of such rights. 

Unless expressly provided otherwise, each right and remedy in this Agreement is in addition to any other right or remedy, at law or in equity, and the exercise of one right or remedy will not be deemed a waiver of any other right or remedy. If one or more provisions of this Agreement are held to be illegal or unenforceable under applicable law, such illegal or unenforceable portion shall be limited or excluded from this Agreement to the minimum extent required so that this Agreement shall otherwise remain in full force and effect and enforceable. I acknowledge and agree that any breach or threatened breach of this Agreement will cause irreparable harm to the Company for which damages would not be an adequate remedy, and, therefore, the Company is entitled to injunctive relief with respect thereto (without the necessity of posting any bond) in addition to any other remedies.
I HAVE READ THIS AGREEMENT CAREFULLY AND I UNDERSTAND AND ACCEPT THE OBLIGATIONS THAT IT IMPOSES UPON ME WITHOUT RESERVATION. NO PROMISES OR REPRESENTATIONS HAVE BEEN MADE TO ME TO INDUCE ME TO SIGN THIS AGREEMENT. I SIGN THIS AGREEMENT VOLUNTARILY AND FREELY, WITH THE UNDERSTANDING THAT I EITHER (1) HAVE RETAINED A COPY OF THIS AGREEMENT OR (2) MAY, AT ANY TIME, REQUEST A COPY OF THIS AGREEMENT FROM THE COMPANY.
						
	Signature:	
		
	Printed Name:	

Appendix A
Prior Matters
1.

2.

3.

4.

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