Document:

Sublease Agreement with Babcock & Brown LP

 Exhibit 10.1 
 SUBLEASE 
 SUBLEASE (“Sublease”) dated as of June 28, 2006, between BABCOCK &
BROWN LP, 2 Harrison Street, San Francisco, CA 94105 (“Sublandlord”) and CRITICAL PATH INC., 2 Harrison Street (2nd Floor), San Francisco, CA 94105 (“Subtenant”). 
 1. Demise and Term. Sublandlord hereby leases to Subtenant, and Subtenant hereby leases from Sublandlord, certain premises (the “Subleased
Premises”) shown hatched on Exhibit A annexed hereto and made a part hereof, consisting of a portion of the rentable area of the second (2nd) floor of the building (the “Building”) known as 2 Harrison Street, San
Francisco, CA 94105, and being the same premises which are leased to Sublandlord under the Main Lease (as hereinafter defined), subject to the provisions of Articles 19 and 20 of this Sublease. The term of this Sublease shall commence on the date
which shall be the later to occur of: (i) the date upon which Sublandlord shall lease Suites 200 and 201 from the Landlord under the Main Lease and (ii) the date upon which the landlord under the Main Lease shall consent to this Sublease
(the later of such dates is herein referred to as the “Commencement Date”), and end on the last day of the twenty-fourth (24th) month next following the Commencement Date (the “Expiration Date”), unless sooner terminated or
cancelled as provided in this Sublease. 
 2. Subordinate To Main Lease. This Sublease is and shall be subject and subordinate to that
certain lease dated June 20, 1989 (the “Original Lease”), as amended by that certain Addendum to Office Lease dated June 29, 1989 (the “Addendum”), that certain Amendment No. 1 to Office Lease dated March 29,
1991 (the “First Amendment”), that certain Amendment No. 2 to Office Lease dated June 1, 1992 (the “Second Amendment”); that certain Amendment No. 3 to Office Lease dated June 21, 1993 (the “Third
Amendment” ), and that certain Fourth Amendment to Lease dated June 30, 1999 (the “Fourth Amendment”) (the Original Lease, as amended by the Addendum, the First Amendment, the Second Amendment, the Third Amendment and the Fourth
Amendment is hereinafter collectively referred to as the “Main Lease”) between PPF OFF 345 Spear, LP (successor-in-interest to Harrison Plaza, Ltd. and Shorenstein Realty Investors, L.P., respectively), as landlord, and Sublandlord,
successor-in-interest to Babcock & Brown, Inc., as tenant, and to the matters to which the Main Lease is or shall be subject and subordinate. A true and complete copy of the Main Lease (with certain financial terms redacted) is annexed
hereto as Exhibit B. 
 3. Incorporation by Reference. 
 A. The terms, covenants and conditions of the Main Lease are incorporated herein by reference so that (except to the extent that they are inapplicable to,
or modified by the provisions of, this Sublease) for the purpose of incorporation by reference, each and every term, covenant and condition of the Main Lease binding upon or inuring to the benefit of the “Landlord” thereunder shall, in
respect of this Sublease, bind or inure to the benefit of Sublandlord, and each and every term, covenant and condition of the Main Lease binding upon or inuring to the benefit of the “Tenant” thereunder shall, in respect of this Sublease,
bind or inure to the benefit of Subtenant, with the same force and effect as if such terms, covenants and conditions were completely set forth in this Sublease, and as if the words “Landlord” and “Tenant,” or words of 

 similar import, wherever the same appear in the Main Lease, were construed to mean, respectively, “Sublandlord”
and “Subtenant” in this Sublease, and as if the words “Premises,” or words of similar import, wherever the same appear in the Main Lease, were construed to mean “Subleased Premises” in this Sublease, and as if the word
“Lease,” or words of similar import, wherever the same appear in the Main Lease, were construed to mean “Sublease.” 
 B.
The time limits contained in the Main Lease for the giving of notices, making of demands or performing of any act, condition or covenant on the part of the tenant thereunder, or for the exercise by the tenant thereunder of any right, remedy or
option, are changed for the purposes of incorporation herein by reference by shortening the same in each instance by two (2) days, so that in each instance Subtenant shall have two (2) days less time to observe or perform hereunder than
Sublandlord has as the tenant under the Main Lease. 
 C. The following provisions of the Main Lease shall be deemed deleted for the purposes
of incorporation by reference in this Sublease: Article 1; Sections 3.02, 3.05, and 3.06; Section 6.01; Section 8.02 (third sentence only); Sections 12.01 and 12.02; and Exhibits A, C, F and I. The First Amendment, Second Amendment, Third
Amendment and Fourth Amendment (and all Exhibits thereto) shall also be deemed deleted for purposes of incorporation by reference in this Sublease. 
 D. The following provisions of the Main Lease shall be modified for purposes of incorporation by reference in this Sublease: the definition of “Tenant’s Share” in Article 1.0 shall be amended for purposes of this Sublease and
shall be 63.81% (subject, however, to the provisions of Articles 19 and 20 of this Sublease); throughout all of Section 12.01, 12.02 and Articles 17 and 18, the word “Landlord” shall be construed to refer to the “Landlord”
under the Main Lease; Article 26 shall be modified by granting Subtenant the right, but not the obligation, to occupy six (6) unreserved parking spaces allocated to Sublandlord under the Main Lease at the prevailing parking rates, as provided
in the Main Lease, as modified hereby, subject, however, to the provisions of Articles 19 and 20 of this Sublease. 
 E. If any of the
express provisions of this Sublease shall conflict with any of the provisions of the Main Lease incorporated by reference, such conflict shall be resolved in every instance in favor of the express provisions of this Sublease. 
 4. Performance by Sublandlord. Any obligation of Sublandlord which is contained in this Sublease by the incorporation by reference of the
provisions of the Main Lease may be observed or performed by Sublandlord using reasonable efforts to cause the landlord under the Main Lease to observe and/or perform the same; and Sublandlord shall have a reasonable time to enforce its rights to
cause such observance or performance. Subtenant shall not in any event have any rights in respect of the Subleased Premises greater than Sublandlord’s rights as the “Tenant” under the Main Lease. Notwithstanding any provision of this
Sublease to the contrary, as to obligations contained in this Sublease by the incorporation by reference of the provisions of the Main Lease, Sublandlord shall not be required to make any payment or perform any obligation, and Sublandlord shall have
no liability to Subtenant for any matter whatsoever, except for Sublandlord’s obligation to pay the rent and additional rent due under the Main Lease and for Sublandlord’s obligation to use reasonable efforts, upon request of Subtenant, to
cause the landlord under the Main Lease to observe and/or perform its obligations under the Main 
  

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 Lease, and Sublandlord’s obligation not to do any act or thing which may constitute a breach or violation of any
term, covenant or condition of the Main Lease, whether or not such act or thing is permitted under the provisions of this Sublease. All services and facilities to which Sublandlord is entitled under the Main Lease shall be furnished or made
available to Subtenant by the landlord under the Main Lease and not by Sublandlord. Relatedly, Sublandlord shall not be responsible for any failure or interruption, of the services or facilities supplied at the Building by the landlord under the
Main Lease or otherwise, including, without limitation, heat, air conditioning, electricity, water, elevator service and cleaning service, if any; and no failure to furnish, or interruption of, any such services or facilities shall give rise to any
(a) abatement, diminution or reduction of Subtenant’s obligations under this Sublease, (b) constructive eviction, whether in whole or in part, or (c) liability on the part of Sublandlord, Sublandlord shall promptly forward to
Subtenant copies of all notices given by the landlord under the Main Lease to Sublandlord; as well as copies of all notices given by Sublandlord to the landlord under the Main Lease; and Sublandlord shall notify the landlord under the Main Lease
within five (5) business days after Subtenant notifies Sublandlord of a breach of the Main Lease by the landlord under the Main Lease. Subtenant shall have the right to institute an action or court proceeding against the landlord under the Main
Lease in the event that any breach by the landlord under the Main Lease continues for thirty (30) days after such notice (to the extent such breach affects the Subleased Premises) and to the extent necessary, Sublandlord shall cooperate in such
action or court proceeding (at no cost to Sublandlord), provided such action or court proceeding is not of a frivolous nature; and, provided further, that Subtenant indemnifies Sublandlord in writing against all losses, damages, costs and expenses
paid or incurred by Sublandlord (including reasonable attorneys’ fees and charges through all appeals) as a result of such action or proceeding. 
 5. No Breach of Main Lease. Subtenant shall not do any act or thing which may constitute a breach or violation of any term, covenant or condition of the Main Lease by the tenant thereunder, whether or not such
act or thing is permitted under the provisions of this Sublease. 
 6. No Privity of Estate. Nothing contained in this Sublease shall
be construed to create privity of estate or of contract between Subtenant and the landlord under the Main Lease. Notwithstanding any provision of this Sublease to the contrary, Subtenant shall not have the right to deal directly with the landlord
under the Main Lease, except to the extent expressly permitted in advance in writing by Sublandlord. 
 7. Fixed Rent. 
 A. Subtenant shall pay to Sublandlord rent (the “Fixed Rent”) in the amounts of: (i) Four Hundred Fifty-Three Thousand One Hundred
Eighty-Four and 00/100 Dollars ($453,184.00) per annum for the period commencing on the Commencement Date and ending at 11:59 p.m. on the date immediately preceding the first (1st) anniversary of the Commencement Date; and (ii) Four
Hundred Sixty-Seven Thousand Seven Hundred Eighty-Four and 00/100 Dollars ($467,784.00) per annum for the period commencing on the first (1st) anniversary of the Commencement Date and ending at 11:59 p.m. on the Expiration Date. The Fixed Rent
is subject to adjustment in accordance with the provisions of Articles 19 and 20 of this Sublease. 
  

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 B. Subtenant shall pay to Sublandlord the Fixed Rent, in equal monthly installments in advance on the
first day of each month during the term of this Sublease, except that the first monthly installment due under this Sublease shall be paid on the Commencement Date. If the Commencement Date is not the first day of a month, Fixed Rent for the period
commencing on the Commencement Date and ending on the last day of the month in which the Commencement Date occurs shall be apportioned on the basis of the number of days in said month and shall be paid on the Commencement Date. Fixed Rent and all
other amounts payable by Subtenant to Sublandlord under this Sublease (the “Additional Charges”) shall be paid promptly when due, without notice or demand therefor, and without deduction, counterclaim or setoff of any amount or for any
reason whatsoever. Fixed Rent and Additional Charges shall be paid to Sublandlord in lawful money of the United States at the address of Sublandlord set forth at the head of this Sublease or to such other person and/or at such other address as
Sublandlord may from time to time designate by notice to Subtenant. 
 8. Additional Rent. In addition to Fixed Rent, Subtenant shall
pay to Sublandlord: 
 A. (i) 63.81% (“Subtenant’s Share”) of all additional rent payable by Sublandlord on account of
Real Property Taxes (as said term is defined in the Main Lease) in accordance with Sections 5.02, 5.03 and 5.04 of the Main Lease (“Sublandlord’s Tax Payment”) in excess of Sublandlord’s Tax Payment for the 2006 calendar year;
plus (ii) Subtenant’s Share of all additional rent payable by Sublandlord on account of Operating Expenses (as said term is defined in the Main Lease) in accordance with Sections Section 5.01, 5.03 and 5.04 of the Main Lease
(“Sublandlord’s Expense Payment”), in excess of Sublandlord’s Expense Payment for the 2006 calendar year; plus 
 B. all
charges, costs, fees and expenses attributable solely to the Subleased Premises (including, without limitation, all additional rent and additional and special charges attributable to additional, unique or extra services requested by Subtenant,
including, without limitation, any additional electric current or overtime HVAC, cleaning, freight elevator or similar services, and any charges recoverable under Section 12(b) of the Main Lease). All such additional rent payments shall be
payable to Sublandlord in the same manner and at the same times as the corresponding payments of additional rent are due from the Sublandlord to the landlord under the Main Lease pursuant to the terms and conditions of the Main Lease. 
 C. “Subtenant’s Share” is subject to adjustment in accordance with the provisions of Articles 19 and 20 of this Sublease. 
 9. Excess Electricity Charges. Subtenant shall pay to Sublandlord the cost of all electricity furnished or made available to the Subleased
Premises in excess of basic services in accordance with Section 12.02(b) of the Main Lease, within 5 days following the receipt of Sublandlord’s invoice. 
 10. Use; Subleasing and Assignment. 
 A. Subtenant shall use and occupy the Subleased Premises for
general and executive offices for Subtenant’s business and for no other purpose. 
  

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 B. Subtenant shall not, whether voluntarily, involuntarily, or by operation of law or otherwise:
(i) assign or otherwise transfer this Sublease or the term and estate hereby granted, (ii) sublet the Subleased Premises or any part thereof, or allow the same to be used, occupied or utilized by anyone other than Subtenant, or
(iii) mortgage, pledge, encumber or otherwise hypothecate this Sublease or the Sublease Premises or any part thereof in any manner whatsoever. 
 11. Condition of Subleased Premises; Subtenant Work. Subtenant accepts the Subleased Premises “AS IS” and Sublandlord shall have no obligation to furnish, render or supply any work, labor, services, material, fixtures,
equipment or decorations to make the Subleased Premises ready or suitable for Subtenant’s occupancy. 
 12. Releases. Subtenant
hereby releases the landlord under the Main Lease or anyone claiming through or under the landlord under the Main Lease by way of subrogation or otherwise to the extent that Sublandlord released the landlord under the Main Lease and/or the landlord
under the Main Lease was relieved of liability or responsibility pursuant to the provisions of the Main Lease, and Subtenant will cause its insurance carriers to include any clauses or endorsements in favor of the landlord under the Main Lease which
Sublandlord is required to provide pursuant to the provisions of the Main Lease. 
 13. Consents and Approvals. In any instance when
Sublandlord’s consent or approval is required under this Sublease, Sublandlord’s refusal to consent to or approve any matter shall be deemed reasonable if such consent or approval has not been obtained from the landlord under the Main
Lease. If Subtenant shall seek the approval by or consent of Sublandlord, or the landlord under the Main Lease, and Sublandlord, or the landlord under the Main Lease, shall fail or refuse to give such consent or approval, Subtenant shall not be
entitled to any damages for any withholding or delay of such approval or consent by Sublandlord or the landlord under the Main Lease, absent a showing of bad faith, it being intended that Subtenant’s sole remedy shall be an action for
injunction or specific performance and that said remedy of an action for injunction or specific performance shall be available (subject to other applicable provisions of this Lease) only in those cases where Sublandlord, or the landlord under the
Main Lease, shall have expressly agreed in writing not to unreasonably withhold or delay its consent. 
 14. Termination of Main Lease;
Sublandlord’s Termination Option. If for any reason (other than Sublandlord’s default under the Main Lease) the term of the Main Lease shall terminate prior to the Expiration Date, this Sublease shall thereupon be terminated and
Sublandlord shall not be liable to Subtenant by reason thereof. 
 15. Alterations. Subtenant shall not make any alterations,
additions, changes, replacements, installations or additions (“Alterations”) in or to the Subleased Premises without obtaining the prior consent of Sublandlord and the landlord under the Main Lease in each instance. Notwithstanding the
foregoing, Sublandlord (in contradistinction to the landlord under the Main Lease) shall have the right to withhold its consent to any Alterations for any reason or for no reason whatsoever. Any Alterations which are approved by Sublandlord and
which are installed by Subtenant shall be removed by Subtenant on or before the end of the Term; and Subtenant shall repair all damage to the Subleased Premises caused by any such installation and removal. 
  

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 16. Signs. Subject to the consent of Sublandlord, which consent shall not be unreasonably
withheld, and the consent of the landlord under the Main Lease and in accordance with the requirements of the Main Lease, Subtenant, at Subtenant’s sole cost and expense, may maintain a sign in the lobby of the 2nd floor of the Building.
Subtenant shall maintain no other signs outside the Subleased Premises without Sublandlord’s prior consent. 
 17. Brokerage.
Subtenant and Sublandlord each represent to the other that no broker, other than Newmark Knight Frank and Studley, Inc. (collectively, the “Broker”), or other person had any part, or was instrumental in any way, in bringing about this
Sublease. Subtenant represents to Sublandlord that, except as aforesaid, no broker or other person had any part, or was instrumental in any way, in bringing about this Sublease. Subtenant shall pay, and shall indemnify, defend and hold harmless
Sublandlord from and against, any claims made by any broker or other person for a brokerage commission, finder’s fee, or similar compensation, by reason of or in connection with this Sublease, and any loss, liability, damage, cost and expense
(including, without limitation, reasonable attorneys’ fees) in connection with such claims if such broker or other person claims to have had dealings with Subtenant or its representatives. Sublandlord represents that Sublandlord has dealt only
with the Broker. Any commission due to Studley, Inc. shall be paid by the Landlord under the Main Lease pursuant to separate agreement; and any commission due to Newmark Knight Frank shall be paid by Subtenant pursuant to separate agreement.

 18. Access; Parking. Subtenant shall have access to the Sublease Premises twenty-four (24) hours per day, seven (7) days
a week, fifty-two (52) weeks per year; subject, however, to the rules and regulations of the Building and the provisions of the Main Lease incorporated herein by reference. Parking shall be provided to Subtenant in accordance with Article 26 of
the Main Lease, as incorporated by reference and modified under Section 3D of this Sublease. Parking spaces are subject to reduction in accordance with the provisions of Articles 19 and 20 of this Sublease. 
 19. Phased Subleased Premises Reduction; Subleased Premises Sharing Option. 
 A. Attached hereto as Exhibit C is a floorplan of the Subleased Premises which has been marked to show the Subleased Premises divided into two
physical spaces captioned “Space B” and “Space C” respectively. For purposes of this Article 19, the Original Sublease Premises are deemed to have an area of 12,441 usable square feet. 
 B. Effective as of November 15, 2006 (the “Space B Reduction Date”), the Subleased Premises shall be reduced by the deletion of the
portion of the Subleased Premises marked “Space B” from this Sublease in accordance with the terms and conditions set forth in this Article 19. Effective as of such Space B Reduction Date, the Fixed Rent, the Subtenant’s Share and the
number of parking spaces under this Sublease shall be reduced proportionately based on the ratio that the aggregate usable square footage of Space C bears to the aggregate usable square footage of the entire Subleased Premises as then constituted
and, effective as of the Space B Reduction Date, all references to the Subleased Premises shall mean, subject to the provisions of Article 20 hereof, Space C only. Subtenant shall surrender Space B to Sublandlord as if the Space B Reduction Date
were the Expiration Date hereunder. On or before the Space B Reduction Date, Sublandlord, shall, at Sublandlord’s sole cost and expense, legally demise and 
  

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 separate Space B from Space C by the installation of a demising wall at the location identified on the floorplan annexed
hereto as Exhibit C. Any Fixed Rent or additional rent prepaid by Tenant with respect to Space B for any period following the Space B Reduction Date shall be credited against the next installments of Fixed Rent payable by Subtenant under this
Sublease. If requested by Sublandlord, the parties shall confirm in writing, as soon as practicable following the Space B Reduction Date, the reduction of the Subleased Premises, the changes in the Fixed Rent, Subtenant’s Share, parking spaces,
and such other terms as shall be modified as a result thereof. 
 C. In addition to the foregoing, Sublandlord may enter into a license with
Subtenant at any time prior to November 15, 2006 for all or a portion of the area of Space B marked on Exhibit C as the “Interim License Area” on the terms set forth in this Section 19C. If Sublandlord desires to use all
or a portion of the Interim License Area in accordance with the provisions of this Section 19C, Sublandlord will first consult with Subtenant as to the precise location of such Interim License Area in order to accommodate the needs of both
Sublandlord and Subtenant. Thereafter, Sublandlord may deliver a formal notice to Subtenant designating the portion or portions of the Interim License Area proposed to be used by Sublandlord, and designating a date (which will not be earlier than
the fifth (5th) business day following the delivery of such notice) upon which Sublandlord’s interim license will commence (the “Interim License Commencement Date”). If Sublandlord has delivered that notice to Subtenant then,
effective as of the Interim License Commencement Date, Subtenant will make available to Sublandlord the portion or portions of the Interim License Area designated by Sublandlord in the notice, as well as all standard office furniture, furnishings,
storage drawers, cabinets, closets, outlets, electrical and data/telecommunications connection points located in such portion(s) of the Interim License Area. Effective on the Interim License Commencement Date, the Fixed Rent and the Subtenant’s
Share shall be reduced proportionately based on the ratio that the aggregate usable square footage of the remaining portions of the Subleased Premises bear to the aggregate usable square footage of the Original Subleased Premises. The parking spaces
allocable to Subtenant, however, shall not be reduced prior to November 15, 2006. There shall be no requirement to demise the Interim License Area from the balance of the Subleased Premises, except that Sublandlord may decide, at
Sublandlord’s sole cost and expense, to install a temporary pressure wall and/or one or more movable full-height or partial-height partitions to provide a measure of privacy to both parties. Any Fixed Rent or additional rent prepaid by
Subtenant with respect to the Interim License Area for any period following the Interim License Commencement Date shall be credited against the next installments of Fixed Rent payable by Subtenant under this Sublease. If requested by Sublandlord,
the parties shall confirm in writing, as soon as practicable following the Interim License Commencement Date, the licensing by Sublandlord of the Interim License Area, and any changes in the Fixed Rent, Subtenant’s Share, parking spaces and
such other terms as shall be modified as a result thereof. 
 20. Sublease Premises Reduction Opportunity. 
 A. Attached hereto as Exhibit A is a floorplan of the Sublease Premises initially subleased to Subtenant (referred to elsewhere in this Sublease as
the “Sublease Premises” and referred to in this Article 20 as the “Original Sublease Premises”). For purposes of this Article 20, the Original Sublease Premises are deemed to have an area of 12,441 usable square feet. 

 

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 B. Notwithstanding anything to the contrary contained in this Sublease, Subtenant shall have the
opportunity to propose for Sublandlord’s approval, one or more times during the term of this Sublease (the “Sublease Premises Reduction Opportunity”), the exclusion of any portion of the Original Sublease Premises from this Sublease
on the terms and conditions set forth in this Article 20. The portion of the Original Subleased Premises proposed to be excluded by Subtenant shall be, in Sublandlord’s sole opinion, a commercially rentable unit configured in a manner
acceptable to Sublandlord. 
 C. Provided that no default is then continuing, Subtenant may exercise the Sublease Premises Reduction
Opportunity one or more times, but not more often than once every six (6) months, during the period commencing on the Commencement Date and expiring on December 31, 2007, by delivering written notice of Subtenant’s proposed exclusion
(the “Reduction Proposal Notice”) identifying on a dimensioned floorplan drawn to scale the portion of the Sublease Premises proposed to be excluded from the Original Subleased Premises (the “Excluded Premises”). (The Original
Subleased Premises less the aggregate of the Excluded Premises from time to time is sometimes referred to herein as the “Retained Premises”). Within ten (10) days following Sublandlord’s receipt of the Reduction Proposal Notice,
Sublandlord shall notify Subtenant (i) whether it objects to said reduction of the Original Subleased Premises, and/or (ii) whether Sublandlord objects to the proposed configuration of the Excluded Premises (and, if Sublandlord shall
object to said configuration, Subtenant shall promptly reconfigure the Excluded Premises in a manner reasonably acceptable to Sublandlord and deliver a substituted floorplan to Sublandlord showing the Excluded Premises as reconfigured by Subtenant).
Sublandlord’s failure to notify Subtenant within such ten (10) day period shall be deemed to be an objection to the proposed reduction. The parties hereto agree that Sublandlord shall have the unqualified right to object to the reduction
proposal set forth in the Reduction Proposal Notice. In such event, Subtenant may not reduce the Subleased Premises, and this Sublease shall continue to be in full force and effect without giving effect to Subtenant’s reduction proposal.

 D. If Sublandlord shall approve the proposed reduction in the Subleased Premises and the configuration of such the Excluded Premises then,
from and after the Subleased Premises Reduction Date (as defined below) the Fixed Rent, the Subtenant’s Share and the number of parking spaces under this Sublease shall be reduced proportionately based on the ratio that the aggregate usable
square footage of the Retained Sublease Premises bears to the aggregate usable square footage of the Original Subleased Premises. In this Sublease, the term “Sublease Premises Reduction Date” shall mean the first (1st) day, if any,
which occurs not earlier than thirty (30) days after delivery of the Reduction Proposal Notice, and which is the first (1st) day of a calendar month. 
 E. If required by Sublandlord, Subtenant shall, at Subtenant’s sole cost and expense, legally demise and separate the Retained Sublease Premises from the balance of the Excluded Sublease Premises on or before the
Subleased Premises Reduction Date as an Alteration under Article 15 of this Sublease in accordance with, and subject to, all terms and conditions set forth therein. 
 F. If the Subleased Premises are reduced pursuant to this Article 20, any Fixed Rent or additional rent prepaid by Tenant with respect to the Excluded Sublease Premises for any period following the Subleased Premises
Reduction Date shall be credited against the next installments of Fixed Rent payable by Subtenant under this Sublease. 
  

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 G. If requested by Sublandlord, the parties shall confirm in writing, as soon as practicable following
the Subleased Premises Reduction Date, the reduction of the Subleased Premises, the changes in the Fixed Rent, Subtenant’s Share and such other terms as shall be modified as a result thereof. 
 21. Shared Rooms; Confidentiality. 
 A. Sublandlord and Subtenant shall share the use of the kitchen/pantry, lunch room and server/telecommunications rooms (collectively, the “Shared Rooms”) identified on Exhibit C of this Lease during the Term of this
Sublease. Subtenant shall observe, and instruct its employees to observe, all rules reasonably promulgated by Sublandlord with respect to the Shared Rooms. The cost of all rents and additional rents, and the cost of all supply, routine maintenance
and cleaning costs attributable to the use of the shared rooms shall be equally allocated by the parties (and, to the extent the same shall be payable by Subtenant, Subtenant’s share of such costs shall be deemed to be additional rent under
this Sublease). 
 B. Due to the close proximity of the parties’ office areas and, under certain circumstances, the shared use of
certain portions of the Subleased Premises, each of the parties hereto shall, during the term of this Sublease and at all times thereafter, maintain in confidence all confidential and proprietary information and data of a party which is disclosed or
made available (whether intentionally or inadvertently) to the other party (the “Confidential Information”). Each party shall take all reasonable measures necessary to prevent any unauthorized disclosure of the Confidential Information by
any of their employees, agents or consultants. Nothing herein shall prevent either party, or any employee, agent or consultant of a party from disclosing any Confidential Information which: (i) becomes publicly available without default under
this Sublease; (ii) is lawfully acquired by such party or such person in question from a source not under any obligation regarding disclosure of such information; or (c) such party or person is required by law to disclose the Confidential
Information, in which event, the party or person in question shall use reasonable efforts, if legally permitted, to give notice to the other party prior to disclosure. 
 22. Subtenant’s Cancellation Option Notwithstanding anything to the contrary contained herein, Subtenant shall have the right, provided Subtenant is not in default under this Lease as of the giving of the
Termination Notice or as of the Termination Date, to terminate this Sublease effective as of the last day of any month (the “Termination Date”) in which occurs the sixtieth (60th) day next following the date upon which Tenant delivers
a notice (“Termination Notice”) to Sublandlord unequivocally and irrevocably electing to terminate this Sublease. The Term of this Sublease shall end effective as of the Termination Date, as though the same were the Expiration Date
originally fixed hereunder; and, effective as of such Termination Date, Tenant shall surrender and deliver up the Premises to Sublandlord. 
 23. Complete Agreement; Execution in Counterparts. There are no representations, agreements, arrangements or understandings, oral or written, between the parties relating to the subject matter of this Sublease which are not fully
expressed in this Sublease. This Sublease 
  

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 cannot be changed or terminated orally or in any manner other than by a written agreement executed by both parties. This
Sublease may be executed in multiple counterparts, all of which, when taken together, shall constitute a single instrument. 
 24.
Successors and Assigns. The provisions of this Sublease, except as herein otherwise specifically provided, shall extend to, bind and inure to the benefit of the parties hereto and their respective personal representatives, heirs, successors
and permitted assigns. 
 25. Sublandlord’s Liability. Sublandlord, its partners, officers, directors, shareholders and
principals, disclosed or undisclosed, shall have no personal liability under this Sublease. Subtenant shall look only to Sublandlord’s estate and property in the Main Lease (or the proceeds thereof) for the satisfaction of Subtenant’s
remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Sublandlord in the event of any default by Sublandlord hereunder, and no other property or assets of Sublandlord or its partners, officers,
directors, shareholders or principals, disclosed or undisclosed, shall be subject to lien, levy, execution or other enforcement procedure for the satisfaction of Subtenant’s remedies under or with respect to this Sublease, the relationship of
Sublandlord and Subtenant hereunder or Subtenant’s use or occupancy of the Subleased Premises. 
 26. Consent of Landlord Under Main
Lease; Condition Precedent. This Sublease shall have no effect until (i) the landlord under the Main Lease shall have given its written consent to this Sublease in accordance with the terms of the Main Lease and (ii) Sublandlord shall
have entered into a direct lease of Suites 200 and 201 of the Building. If the landlord under the Main Lease does not give its consent to this Sublease for any reason, or if Sublandlord shall not enter into a lease of Suites 200 and 201 for any
reason, on or before the 60th day following the date of this Sublease, this Sublease shall be deemed null and void and of no effect. Sublandlord and Subtenant shall each pay one-half of the legal fees and expenses assessed by the landlord under the
Main Lease in connection with its review of this Sublease and the granting of its consent thereto. 
 27. Cash Security Deposit.
Subtenant has deposited with Sublandlord the sum of Seventeen Thousand Four Hundred Thirty and 15/100 Dollars ($17,430.15), as partial security for the full and timely performance by Subtenant of all the terms covenants and conditions of this
Sublease on Subtenant’s part to be performed. Sublandlord shall have the right, with ten (10) business days prior written notice to Subtenant and Subtenant’s failure to cure with such period, and regardless of the exercise of any
other remedy Sublandlord may have by reason of Subtenant’s default, to apply any part of the security to cure any default of Subtenant, and, if Sublandlord does so, Subtenant shall upon demand deposit with Sublandlord the amount so applied so
that Sublandlord shall have on deposit the full amount of the security at all times during the term of this Sublease. If Subtenant shall fail to make such deposit, Sublandlord shall have the same remedies for such failure as Sublandlord has for a
default in the payment of the Fixed Rent. In the event of an assignment or transfer of Sublandlord’s leasehold estate under the Main Lease (i) Sublandlord shall have the right to transfer the security to the assignee, (ii) Sublandlord
shall thereupon be automatically released by Subtenant from all liability for the return of the security and (iii) Subtenant shall look solely to the assignee for the return of the security, and the foregoing provisions of this sentence shall
apply to every transfer made of the security to a new assignee of Sublandlord’s interest in the Main Lease. Upon the expiration of 
  

 10 

 the term of this Sublease, subject to the provisions of this Section, Sublandlord shall pay to Subtenant the balance of
any security and accrued interest remaining in such account (less any sums which Sublandlord is permitted by law to retain, which Sublandlord may withdraw and retain annually). 
 [SIGNATURE PAGE FOLLOWS] 
  

 11 

 IN WITNESS WHEREOF, Sublandlord and Subtenant have executed this Sublease as of the day and year first
above written. 
  

			
	BABCOCK & BROWN Limited Partner
	By:	 	Babcock & Brown General Partner LLC
	Its:	 	General Partner
	
	 /s/ Judith A. Hall

	By:	 	Judith A. Hall
	Its:	 	Vice President
	
	CRITICAL PATH INC.
	
	 /s/ Michael J. Zukerman

	By:	 	Michael J. Zukerman
	Its:	 	Executive Vice President, General Counsel and Secretary

 EXHIBIT A 
 THE SUBLEASED PREMISES 
 

 
  

 EXHIBIT B 
 THE MAIN LEASE 
 (Certain financial terms have been redacted from the attached copy of the Main Lease)

 EXHIBIT C 
 SPACE B; SPACE C; THE INTERIM LICENSE AREA; THE SHARED ROOMSFox Chase 401(k) Plan and Trust

 Exhibit 10.3 
  

 Fox Chase Bank 
 401(k) Retirement Plan 
 (As Amended And Restated Effective July 1, 2006)

  

 Table Of Contents 
  

 TABLE OF CONTENTS 
  

							
	 Table Of Contents
	  	i
		
	 Introduction
	  	4
		
	 Article I — Definitions
	  	6
		
	 Article II — Eligibility and Participation
	  	17
				
		  	        2.1	  	Eligibility	  	17
		  	        2.2	  	Ineligible Employees	  	17
		  	        2.3	  	Participation	  	17
		  	        2.4	  	Termination of Participation	  	18
		  	        2.5	  	Eligibility upon Reemployment	  	18
		
	 Article III — Contributions and Limitations on Contributions
	  	19
				
		  	        3.1	  	Elective Contributions	  	19
		  	        3.2	  	Limitations on Elective Contributions	  	19
		  	        3.3	  	Changes in Elective Contributions	  	22
		  	        3.4	  	Matching Contributions	  	22
		  	        3.5	  	Special Contributions	  	22
		  	        3.6	  	Catch-Up Contributions	  	23
		  	        3.7	  	Limitation on Matching Contributions	  	23
		  	        3.8	  	Interest on Excess Contributions	  	25
		  	        3.9	  	Payment of Contributions	  	26
		  	        3.10	  	Rollover Contribution	  	26
		  	        3.11	  	Section 415 Limits on Contributions	  	26
		
	 Article IV — Vesting and Forfeitures
	  	30
				
		  	        4.1	  	Vesting	  	30
		  	        4.2	  	Forfeitures	  	31
		  	        4.3	  	Vesting upon Reemployment	  	32
		
	 Article V — Trust Fund, Investment Funds And Voting Rights
	  	33
				
		  	        5.1	  	Trust Fund	  	33
		  	        5.2	  	Interim Investments	  	33
		  	        5.3	  	Account Values	  	33
		  	        5.4	  	Voting Rights	  	34
		  	        5.5	  	Tender Offers and Other Offers	  	35
		  	        5.6	  	Dissenters’ Rights	  	36
		  	        5.7	  	Power to Invest in Company Securities	  	36
		
	 Article VI — Investment Directions, Changes of Investment Directions and Transfers Between Investment
Funds
	  	37
				
		  	        6.1	  	Investment Directions	  	37
		  	        6.2	  	Change of Investment Directions	  	37
		  	        6.3	  	Transfers Between Investment Funds	  	37

  

							
		  	        6.4	  	Employees Other than Participants	  	38
		  	        6.5	  	Restrictions on Investments in the Employer Stock Fund for Certain Participants	  	38

  

					
	750	  	i	  	Fox Chase Bank

 Table Of Contents 
  

							
		
	 Article VII — Payment of Benefits
	  	40
				
		  	        7.1	  	General	  	40
		  	        7.2	  	Non-Hardship Withdrawals	  	40
		  	        7.3	  	Hardship Distributions	  	41
		  	        7.4	  	Distribution of Benefits - General	  	44
		  	        7.5	  	Payments upon Retirement or Disability	  	45
		  	        7.6	  	Payments upon Termination of Service for Reasons Other Than Retirement or Disability	  	46
		  	        7.7	  	Payments Upon Death	  	48
		  	        7.8	  	Direct Rollover of Eligible Rollover Distributions	  	49
		  	        7.9	  	Commencement of Benefits	  	51
		  	        7.10	  	Minimum Distribution Requirements	  	52
		  	        7.11	  	Manner of Payment of Distributions from the Employer Stock Fund	  	57
		
	 Article VIII — Loans to Participants
	  	58
				
		  	        8.1	  	Definitions and Conditions	  	58
		  	        8.2	  	Loan Amount	  	58
		  	        8.3	  	Term of Loan	  	58
		  	        8.4	  	Operational Provisions	  	58
		  	        8.5	  	Repayments	  	60
		  	        8.6	  	Default	  	61
		  	        8.7	  	Coordination of Outstanding Account and Payment of Benefits	  	61
		
	 Article IX — Administration
	  	63
				
		  	        9.1	  	General Administration of the Plan	  	63
		  	        9.2	  	Designation of Named Fiduciaries	  	63
		  	        9.3	  	Responsibilities of Fiduciaries	  	63
		  	        9.4	  	Plan Administrator	  	64
		  	        9.5	  	Committee	  	64
		  	        9.6	  	Powers and Duties of the Committee	  	65
		  	        9.7	  	Certification of Information	  	66
		  	        9.8	  	Authorization of Benefit Payments	  	66
		  	        9.9	  	Payment of Benefits to Legal Custodian	  	66
		  	        9.10	  	Service in More Than One Fiduciary Capacity	  	67
		  	        9.11	  	Payment of Expenses	  	67
		
	 Article X — Benefit Claims Procedure
	  	68
				
		  	        10.1	  	Definition	  	68
		  	        10.2	  	Claims	  	68
		  	        10.3	  	Disposition of Claim	  	68
		  	        10.4	  	Denial of Claim	  	68
		  	        10.5	  	Right to Full and Fair Review	  	69
		  	        10.6	  	Time of Review	  	69
		  	        10.7	  	Final Decision	  	69

   

					
	750	  	ii	  	Fox Chase Bank

 Table Of Contents 
  

							
		
	 Article XI — Amendment, Termination, and Withdrawal
	  	70
				
		  	        11.1	  	Amendment and Termination	  	70
		  	        11.2	  	Withdrawal from the Trust Fund	  	70
		
	 Article XII — Top-Heavy Plan Provisions
	  	71
				
		  	        12.1	  	Introduction	  	71
		  	        12.2	  	Definitions	  	71
		  	        12.3	  	Minimum Contributions	  	75
		  	        12.4	  	Impact on Section 415 Maximum Benefits	  	77
		  	        12.5	  	Vesting	  	77
		
	 Article XIII — Miscellaneous Provisions
	  	78
				
		  	        13.1	  	No Right to Continued Employment	  	78
		  	        13.2	  	Merger, Consolidation, or Transfer	  	78
		  	        13.3	  	Nonalienation of Benefits	  	78
		  	        13.4	  	Missing Payee	  	78
		  	        13.5	  	Affiliated Employers	  	79
		  	        13.6	  	Successor Employer	  	79
		  	        13.7	  	Return of Employer Contributions	  	79
		  	        13.8	  	Adoption of Plan by Affiliated Employer	  	79
		  	        13.9	  	Construction of Language	  	80
		  	    13.10	  	Headings	  	80
		  	    13.11	  	Governing Law	  	80

   

					
	750	  	iii	  	Fox Chase Bank

 Introduction 
  

 INTRODUCTION 
 Effective as of January 1, 1995, Fox Chase Bank (“Employer”) adopted the Fox Chase Bank 401(k) Retirement Plan (“Prior Plan”). 
 Effective as of July 1, 2006, the Employer adopted resolutions wherein RSGroup Trust Company (“RTC”) was named successor trustee and the Trust Agreement between the Employer and RTC (“Trust
Agreement”) was adopted. 
 Effective as of July 1, 2006, the Prior Plan is amended and restated in its entirety. The amended and restated plan
shall be known as Fox Chase Bank 401(k) Retirement Plan (“Plan”), shall contain the terms and conditions set forth herein, and shall in all respects be subject to the provisions of the Trust Agreement which are incorporated herein and made
a part hereof. 
 The Plan as amended and restated hereunder incorporates a cash or deferred arrangement under Section 401(k) of the Internal Revenue
Code of 1986, as amended (“Code”). 
 The Plan shall constitute a profit-sharing plan within the meaning of Section 401(a) of the Code,
without regard to current or accumulated profits of the Employer, as provided in Section 401(a)(27) of the Code. 
 The Plan complies with all Internal
Revenue Service legislation and regulations issued to date, including the requirements of the Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”), as provided for under Internal Revenue Service Notice 2001-57, final
regulations under Code Section 401(a)(9), IRS procedural guidance (Notice 2005-5) addressing required “automatic rollovers” under Section 401(a)(31)(B) of the Code and provides for Roth Contributions under Code Section 402A.

 As of July 1, 2006, Roth Contributions have not been implemented and are not available under the Plan. 

Subject to any amendments that may subsequently be adopted by the Employer prior to his Termination of Service, the provisions set forth in this Plan shall apply to
an Employee who is in the employment of the Employer on or after July 1, 2006. Except to the extent specifically required to the contrary under the terms of this Plan, for terminations of employment prior to July 1, 2006, the rights and
benefits of a former participant shall be determined in accordance with the provisions of the Prior Plan as in effect on the date of the former participant’s termination of employment. 
 The Employer has herein restated the Plan with the intention that (a) the Plan shall at all times be qualified under Section 401(a) of the Code, (b) the
Trust Agreement shall be tax-exempt under Section 501(a) of the Code, and (c) Employer contributions under the Plan shall be tax deductible under Section 404 of the Code. The provisions of the Plan and the Trust Agreement shall be
construed to effectuate such intentions. 
  

					
	750	  	4	  	Fox Chase Bank

 Introduction 
  

 Effective as of the Conversion Date (the date of conversion of the Employer from mutual to stock ownership), the
Employer will add an investment fund to the Plan consisting of common stock of the Employer or its holding company. 
  

					
	750	  	5	  	Fox Chase Bank

 Article I — 
 Definitions 
  

 ARTICLE I — 
 DEFINITIONS 
 The following words and phrases shall have the meanings hereinafter ascribed to them. Those words and
phrases which have limited application are defined in the respective Articles in which such terms appear. 
  

	1.1	Accounts means the Before-Tax Contribution Account (including Special Contributions and Catch-Up Contributions, if any), Matching Contribution Account, Roth Contribution
Account (including Catch-Up Contributions, if any) if implemented, upon approval by the Employer, and Rollover Contribution Account established under the Plan on behalf of an Employee. 

  

	1.2	Actual Contribution Percentage means the ratio (expressed as a percentage) of the Matching Contributions under the Plan which are made on behalf of an Eligible Employee for
the Plan Year to such Eligible Employee’s compensation (as defined under Section 414(s) of the Code) for the Plan Year. An Eligible Employee’s compensation hereunder shall include compensation receivable from the Employer for that
portion of the Plan Year during which the Employee is an Eligible Employee, up to a maximum of two hundred twenty thousand dollars ($220,000) for the 2006 Plan Year, thereafter adjusted in multiples of five thousand dollars ($5,000) for increases in
the cost-of-living as prescribed by the Secretary of the Treasury under Section 401(a)(17)(B) of the Code. 

  

	1.3	Actual Deferral Percentage means the ratio (expressed as a percentage) of the sum of Before-Tax Contributions, Roth Contributions, if implemented, upon approval by the
Employer and those Qualified Nonelective Contributions taken into account under the Plan for the purpose of determining the Actual Deferral Percentage, which are made on behalf of an Eligible Employee for the Plan Year to such Eligible
Employee’s compensation (as defined under Section 414(s) of the Code) for the Plan Year. An Eligible Employee’s compensation hereunder shall include compensation receivable from the Employer for that portion of the Plan Year during
which the Employee is an Eligible Employee, up to a maximum of two hundred twenty thousand dollars ($220,000) for the 2006 Plan Year, thereafter adjusted in multiples of five thousand dollars ($5,000) for increases in the cost-of-living as
prescribed by the Secretary of the Treasury under Section 401(a)(17)(B) of the Code. 

  

	1.4	Affiliated Employer means a member of an affiliated service group (as defined under Section 414(m) of the Code), a controlled group of corporations (as defined under
Section 414(b) of the Code), a group of trades or businesses under common control (as defined under Section 414(c) of the Code) of which the Employer is a member, any leasing organization (as defined under Section 414(n) of the Code)
providing the services of Leased Employees to the Employer, or any other group provided for under any and all Income Tax Regulations promulgated by the Secretary of the Treasury under Section 414(o) of the Code. 

  

					
	750	  	6	  	Fox Chase Bank

 Article I — 
 Definitions 
  

	1.5	Affiliated Service means employment with an employer during the period that such employer is an Affiliated Employer. 

  

	1.6	Average Actual Contribution Percentage means the average of the Actual Contribution Percentages of (a) the group comprised of Eligible Employees who are Highly
Compensated Employees or (b) the group comprised of Eligible Employees who are Non-Highly Compensated Employees, whichever is applicable. 

  

	1.7	Average Actual Deferral Percentage means the average of the Actual Deferral Percentages of (a) the group comprised of Eligible Employees who are Highly Compensated
Employees or (b) the group comprised of Eligible Employees who are Non-Highly Compensated Employees, whichever is applicable. 

  

	1.8	Before-Tax Contribution Account means the separate, individual account established on behalf of a Participant to which Before-Tax Contributions, Special Contributions and
Catch-Up Contributions if any, made on his behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or
expenses allocable to amounts credited to such account. 

  

	1.9	Before-Tax Contributions means the contributions of the Employer made in accordance with the Compensation Reduction Agreements of Participants pursuant to Section 3.1.

  

	1.10	Beneficiary means any person who is receiving or is eligible to receive a benefit under Section 7.7 of the Plan upon the death of an Employee or former Employee.

  

	1.11	Board means the board of trustees, directors or other governing body of the Sponsoring Employer. 

  

	1.12	Catch-Up Contributions means additional elective deferrals made by an eligible Participant pursuant to Section 3.6. 

  

	1.13	Closing Price means the closing sale price for the Employer Stock, on its principal trading market, on the applicable Valuation Date, or, if there is no sale on such date,
the average of the bid and asked prices on such date. 

  

	1.14	Code means the Internal Revenue Code of 1986, as amended from time to time. 

  

	1.15	Committee means the person or persons appointed by the Employer in accordance with Section 9.2(b). 

  

	1.16	Company means Fox Chase Bank or any successor organization. 

  

	1.17	 Compensation means with respect to a Plan Year, an Employee’s wages, salary, fees and other amounts defined as compensation in Section 415(c)(3) of
the Code and Income Tax Regulations Sections 1.415-2(d)(2) and (3), received for personal services actually rendered in the course of employment with the Employer for the calendar year, prior to 

  

					
	750	  	7	  	Fox Chase Bank

 Article I — 
 Definitions 
  

	 	 
any reduction pursuant to a Compensation Reduction Agreement. Compensation shall include commissions, compensation based on profits, overtime, bonuses, wage
continuation payments to an Employee absent due to illness or disability of a short-term nature, the amount of any Employer contributions under a flexible benefits program maintained by the Employer under Section 125 of the Code pursuant to a
salary reduction agreement entered into by the Participant under Section 125 of the Code, or elective amounts that are not includable in the gross income of the Employee by reason of Section 132(f)(4) of the Code, amounts paid or
reimbursed by the Employer for Employee moving expenses (to the extent not deductible by the Employee), and the value of any nonqualified stock option granted to an Employee by the Employer (to the extent includable in gross income for the year
granted). 

 Compensation does not include contributions made by the Employer to any other pension, deferred compensation,
welfare or other employee benefit plan, amounts realized from the exercise of a nonqualified stock option or the sale of a qualified stock option, and other amounts which receive special tax benefits. 
 Compensation shall not exceed two hundred twenty thousand dollars ($220,000) for the 2006 Plan Year thereafter adjusted in multiples of five thousand
dollars ($5,000) for increases in the cost-of-living as prescribed by the Secretary of the Treasury under Section 401(a)(17)(B) of the Code. For purposes of this Section, if the Plan Year in which a Participant’s Compensation is being made
is less than twelve (12) calendar months, the amount of Compensation taken into account for such Plan Year shall be the adjusted amount, prescribed by the Secretary of the Treasury under Section 401(a)(17) of the Code, for such Plan Year
multiplied by a fraction, the numerator of which is the number of months taken into account for such Plan Year and the denominator of which is twelve (12). In determining the dollar limitation hereunder, compensation received from any Affiliated
Employer shall be recognized as Compensation. 
  

	1.18	Compensation Reduction Agreement means an agreement between the Employer and an Eligible Employee whereby the Eligible Employee agrees to reduce his Compensation during the
applicable payroll period by an amount equal to any whole percentage or fraction thereof, to the extent provided in Section 3.1, and the Employer agrees to contribute to the Trust Fund, on behalf of such Eligible Employee, an amount equal to
the specified reduction in Compensation. 

  

	1.19	Conversion Date means the date of the conversion of the Employer from mutual to stock ownership. 

  

	1.20	Disability means a physical or mental condition, which renders the Participant eligible for benefits under the Employer’s long-term disability plan.

  

	1.21	Early Retirement Date means the first day of any month coincident with or following the Participant’s attainment of age sixty (60) and the completion of a five
(5) year Period of Service. 

  

					
	750	  	8	  	Fox Chase Bank

 Article I — 
 Definitions 
  

	1.22	Effective Date means January 1, 1995. 

  

	1.23	Elective Contributions means, with respect to any taxable year, the sum of Before-Tax Contributions and Roth Contributions, if implemented, upon approval by the Employer, as
set forth under Section 3.1. 

  

	1.24	Eligible Employee means an Employee who is eligible to participate in the Plan pursuant to the provisions of Article II. 

  

	1.25	Employee means any person employed by the Employer. 

  

	1.26	Employer means Fox Chase Bank and any Participating Affiliate or any successor organization which shall continue to maintain the Plan set forth herein.

  

	1.27	Employer Resolutions means resolutions adopted by the Board. 

  

	1.28	Employer Stock means the common stock of the Company or its holding company. 

  

	1.29	Employer Stock Fund means, commencing on the Conversion Date, the assets consisting of Employer Stock which shall be maintained in an Investment Fund established for such
purpose. 

  

	1.30	Employment Commencement Date means the date on which an Employee first performs an Hour of Service for the Employer upon initial employment or, if applicable, upon
reemployment. 

  

	1.31	ERISA means the Employee Retirement Income Security Act of 1974, as amended from time to time. 

  

	1.32	Forfeitures means any amounts forfeited pursuant to Section 4.2. 

  

	1.33	Hardship means the condition described in Section 7.3. 

  

	1.34	Highly Compensated Employee means, with respect to a Plan Year, an Employee or an employee of an Affiliated Employer who is such an Employee or employee during the Plan Year
for which a determination is being made and who: 

  

	 	(a)	during the Plan Year immediately preceding the Plan Year for which a determination is being made, received compensation as defined under Section 414(q)(4) of the Code
(“Section 414(q) Compensation”) from the Employer, in excess of one hundred thousand dollars ($100,000) for 2006, adjusted as prescribed by the Secretary of the Treasury under Section 415(d) of the Code, or 

 

	 	(b)	at any time during the Plan Year for which a determination is being made or at any time during the Plan Year immediately preceding the Plan Year for which a determination is being
made, was a five-percent owner as described under Section 414(q)(2) of the Code. 

  

					
	750	  	9	  	Fox Chase Bank

 Article I — 
 Definitions 
  

 For purposes of subsection (a) above, Section 414(q) Compensation shall include
(A) any elective deferral (as defined in Section 402(g)(3) of the Code, and (B) any amount which is contributed or deferred by the Employer at the election of the Employee and which is not includable in the gross income of the
Employee by reason of Section 125, 132(f)(4) or 457 of the Code. 
 Highly Compensated Employee also means a former Employee who
(A) incurred a Termination of Service prior to the Plan Year of the determination, (B) is not credited with an Hour of Service during the Plan Year of the determination and (C) satisfied the requirements of subsection (a) or
(b) during either the Plan Year of his Termination of Service or any Plan Year ending coincident with or subsequent to the Employee’s attainment of age fifty-five (55). 
  

	1.35	Hour of Service means the following: 

  

	 	(a)	each hour for which an Employee is directly or indirectly paid or entitled to payment, by the Employer for the performance of duties. These hours shall be credited to the Employee
for the computation period or periods in which the duties are performed; and 

  

	 	(b)	each hour, for which an Employee is directly or indirectly paid or entitled to payment by the Employer for reasons (such as but not limited to vacation, sickness or disability)
other than for the performance of duties (irrespective of whether the employment relationship has terminated). These hours shall be credited to the Employee for the computation period or periods in which the nonperformance of duties occur; and

  

	 	(c)	each hour for which back pay, irrespective of mitigation of damage, has been either awarded or agreed to by the Employer. These hours shall be credited to the Employee for the
computation period or periods to which the award or agreement pertains rather than the computation period in which the award, agreement, or payment was made. These same Hours of Service shall not be credited under both subsection (a) or
subsection (b), and under this subsection (c). 

  

	 	(d)	Hours of Service shall be computed and credited in accordance with Section 2530.200b-2 of the Department of Labor Regulations which are incorporated herein by reference.

  

	 	(e)	Hours of Service shall include Affiliated Service. 

 Hours
of Service for whom records are not maintained shall be determined on the assumption that each Employee has completed forty-five (45) Hours of Service per week for each week in which he would be required to be credited with at least one
(1) Hour of Service. 
  

	1.36	 Investment Funds means any and all of the Plan investment funds established for the purpose of investing contributions made to the Trust Fund in accordance
with the 

  

					
	750	  	10	  	Fox Chase Bank

 Article I — 
 Definitions 
  

	 	 
provisions of the Trust Agreement. The property in which contributions to the Investment Funds may be invested shall be specified in the Trust Agreement and
the rights of the Trustee shall be established in accordance with the provisions of such Trust Agreement. 

  

	1.37	Leased Employee means any individual (other than an Employee of the Employer or an employee of an Affiliated Employer) who, pursuant to an agreement between the Employer or
any Affiliated Employer and any other person (“leasing organization”), has performed services for the Employer or any Affiliated Employer on a substantially full-time basis for a period of at least one (1) year, and such services are
performed under the primary direction of and control by the Employer or any Affiliated Employer. A determination as to whether a Leased Employee shall be treated as an Employee of the Employer or an Affiliated Employer shall be made as follows: a
Leased Employee shall not be considered an Employee of the Employer if: (a) such employee is a participant in a money purchase pension plan providing (i) a nonintegrated Employer contribution rate of at least ten percent (10%) of
compensation, as defined in Section 415(c)(3) of the Code, however, including amounts contributed pursuant to a compensation reduction agreement which are excludable from the employee’s gross income under Section 125,
Section 402(e)(3), Section 402(h)(1)(B) or Section 403(b) of the Code, and including elective amounts that are excludable from the gross income of an Employee by reason of Section 132(f)(4) of the Code; (ii) immediate plan
participation; and (iii) full and immediate vesting; and (b) Leased Employees do not constitute more than twenty percent (20%) of the Employer’s Non-Highly Compensated Employees. 

  

	1.38	Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such
Participant’s behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to
amounts credited to such account. 

  

	1.39	Matching Contributions means the contributions made by the Employer pursuant to Section 3.4. 

  

	1.40	Named Fiduciaries means the Trustee and the Committee designated by the Sponsoring Employer to control and manage the operation and administration of the Plan.

  

	1.41	Net Value means the value of an Employee’s Accounts as determined as of the Valuation Date coincident with or next following the event requiring such determination.

  

	1.42	Non-Highly Compensated Employee means, with respect to a Plan Year, an Employee who is not a Highly Compensated Employee. 

  

	1.43	Normal Retirement Age means the date an Employee attains age sixty-five (65). 

  

	1.44	Normal Retirement Date means the first day of the month coincident with or next following the Participant’s Normal Retirement Age. 

  

					
	750	  	11	  	Fox Chase Bank

 Article I — 
 Definitions 
  

	1.45	One Year Period of Severance means, for purposes of determining a Participant’s eligibility service pursuant to Article II, and a Participant’s vested service on
and after July 1, 2006, a twelve (12) consecutive month period following an Employee’s Termination of Service with the Employer during which the Employee did not perform an Hour of Service. 

 Prior to the Restatement Date, a One Year Period of Severance means, for purposes of determining a Participant’s vested service, a Plan Year during
which the Employee did not complete at least five hundred one (501) Hours of Service. 
 Notwithstanding the foregoing, if an Employee is
absent from employment for maternity or paternity reasons, such absence during the twenty-four (24) month period commencing on the first date of such absence shall not constitute a One Year Period of Severance. An absence from employment for
maternity or paternity reasons means an absence (a) by reason of pregnancy of the Employee, or (b) by reason of a birth of a child of the Employee, or (c) by reason of the placement of a child with the Employee in connection with the
adoption of such child by such Employee, or (d) for purposes of caring for such child for a period beginning immediately following such birth or placement. 
  

	1.46	Participant means an Eligible Employee who participates in accordance with the provisions of Section 2.3, and whose participation in the Plan has not been terminated in
accordance with the provisions of Section 2.4. 

  

	1.47	Participating Affiliate means any corporation that is a member of a controlled group of corporations (within the meaning of Section 414(b) of the Code) of which the
Sponsoring Employer is a member and any unincorporated trade or business that is a member of a group of trades or businesses under common control (within the meaning of Section 414(c) of the Code) of which the Sponsoring Employer is a member,
which, with the prior approval of the Sponsoring Employer and subject to such terms and conditions as may be imposed by such Sponsoring Employer, shall adopt this Plan in accordance with the provisions of Section 13.8. Such entity shall
continue to be a Participating Affiliate until such entity terminates its participation in the Plan in accordance with Section 13.8. 

  

	1.48	Period of Service means the following: 

  

	 	(a)	For purposes of determining a Participant’s eligibility service pursuant to Article II, a period commencing with an Employee’s Employment Commencement Date and ending on
the date such Employee first incurs a Termination of Service. 

  

	 	(b)	For purposes of determining a Participant’s vested service pursuant to Article IV: 

  

	 	(i)	If an Employee’s Employment Commencement Date occurred prior to July 1, 2006, the sum of: 

  

	 	(A)	The number of completed Years of Service credited to such Employee as of June 30, 2006; and 

  

					
	750	  	12	  	Fox Chase Bank

 Article I — 
 Definitions 
  

	 	(B)	the greater of: 

  

	 	(I)	a Year of Service for the period commencing on July 1, 2006 and ending on June 30, 2007, provided such Employee completes at least one thousand (1,000) Hours of
Service during such period; and 

  

	 	(II)	the period commencing with July 1, 2006 and ending on the date such Employee first incurs a Termination of Service. 

  

	 	(ii)	If an Employee’s Employment Commencement Date occurs on or subsequent to July 1, 2006 and prior to June 30, 2007 and if such Employee is employed by the Employer on
June 30, 2007, the period commencing on July 1, 2007 and ending on the date such Employee first incurs a Termination of Service. In addition, if such Employee completes at least one thousand (1,000) Hours of Service during the twelve
(12) month period commencing with his Employment Commencement Date, his Period of Service shall be credited with an additional year. 

  

	 	(iii)	If an Employee’s Employment commencement Date occurs on or after July 1, 2007, the period commencing on the Employee’s Employment Commencement Date and ending on the
first day of the month coincident with or next following the employee’s Termination of Service. 

 Notwithstanding the
foregoing, the period between the first and second anniversary of the first date of a maternity or paternity absence described under Section 1.43 shall not be included in determining a Period of Service. 
 A period during which an individual was not employed by the Employer shall nevertheless be deemed to be a Period of Service if such individual incurred a
Termination of Service and: 
  

	 	(a)	such Termination of Service was the result of resignation, discharge or retirement and such individual is reemployed by the Employer within one (1) year after such Termination
of Service; or 

  

	 	(b)	such Termination of Service occurred when the individual was otherwise absent for less than one (1) year and he was reemployed by the Employer within one (1) year after
the date such absence began. 

 All Periods of Service not disregarded under Sections 2.5 and 4.3 shall be aggregated.

 Wherever used in the Plan, a Period of Service means the quotient obtained by dividing the days in all Periods of Service not disregarded
hereunder by three hundred sixty-five (365) and disregarding any fractional remainder. 
  

	1.49	Plan means the Fox Chase Bank 401(k) Retirement Plan, as herein restated and as it may be amended from time to time. 

  

					
	750	  	13	  	Fox Chase Bank

 Article I — 
 Definitions 
  

	1.50	Plan Administrator means the person or persons who have been designated as such by the Employer in accordance with the provisions of Section 9.4.

  

	1.51	Plan Year means the calendar year. 

  

	1.52	Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal
Retirement Date. 

  

	1.53	Prior Plan means the Fox Chase Bank 401(k) Retirement Plan as in effect on the date immediately preceding the Restatement Date. 

  

	1.54	Qualified Nonelective Contributions means contributions, other than Matching Contributions made by the Employer, which (a) Participants may not elect to receive in cash
in lieu of their being contributed to the Plan; (b) are one hundred percent (100%) nonforfeitable when made; and (c) are not distributable under the terms of the Plan to Participants or their Beneficiaries until the earliest of:

  

	 	(i)	the Participant’s death, Disability or separation from service for other reasons; 

  

	 	(ii)	the Participant’s attainment of age fifty-nine and one-half (59-1/2); or 

  

	 	(iii)	termination of the Plan. 

 Special Contributions defined
under Section 1.62 are Qualified Nonelective Contributions. 
  

	1.55	Restatement Date means July 1, 2006. 

  

	1.56	Retirement Date means the Participant’s Normal Retirement Date, Early Retirement Date or Postponed Retirement Date, whichever is applicable. 

  

	1.57	Rollover Contribution means (a) a contribution to the Plan of money received by an Employee from a qualified plan, or (b) a contribution to the Plan of money
transferred directly from another qualified plan on behalf of the Employee, which the Code permits to be rolled over into the Plan. The Plan will additionally accept eligible rollover contributions and/or direct rollovers of distributions from
(i) an annuity contract described in Section 403(b) of the Code (excluding after-tax Employee contributions); (ii) an eligible plan under Section 457(b) of the Code which is maintained by a state, political subdivision of a
state, or any agency or instrumentality of a state or political subdivision of a state; (iii) the portion of a distribution from an individual retirement account or annuity described in Section 408(a) or Section 408(b) of the Code
that is eligible to be rolled over and would otherwise be included in gross income; and (iv) a designated Roth Code Section 401(k) or Code Section 403(b) account under another qualified plan or from a Roth IRA.

  

					
	750	  	14	  	Fox Chase Bank

 Article I — 
 Definitions 
  

	1.58	Rollover Contribution Account means the separate, individual account established on behalf of an Employee to which his Rollover Contributions are credited together with all
earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account. 

 

	1.59	Roth Contribution Account means, if implemented, upon approval by the Employer, the separate, individual account established on behalf of a Participant to which Roth
Contributions and Catch-Up Contributions, if any, made by the Participant are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any
losses, depreciation or expenses allocable to amounts credited to such account. Earnings and appreciation credited on Roth Contributions are before-tax amounts. 

  

	1.60	Roth Contributions means, if implemented, upon approval by the Employer, the after-tax contributions made in accordance with the Compensation Reduction Agreements of
Participants pursuant to Section 3.1. 

  

	1.61	Seasonal Employees means hourly Employees who are college students who work less than one thousand (1,000) Hours of Service during the calendar year. Seasonal Employees
also include lunch-time tellers who work three (3) Hours of Service per day during the calendar year and do not work during the summer months. 

  

	1.62	Special Contributions means the contributions made by the Employer pursuant to Section 3.5. Special Contributions are Qualified Nonelective Contributions as defined
under Section 1.54. 

  

	1.63	Sponsoring Employer means Fox Chase Bank, or any successor organization which shall continue to maintain the Plan set forth herein. 

  

	1.64	Spouse means a person to whom the Employee was legally married and which marriage had not been dissolved by formal divorce proceedings that had been completed prior to the
date on which payments to the Employee are scheduled to commence. 

  

	1.65	Termination of Service means the earlier of (a) the date on which an Employee’s service is terminated by reason of his resignation, retirement, discharge, death or
Disability or (b) the first anniversary of the date on which such Employee’s active service ceases for any other reason. 

 Service in the Armed Forces of the United States of America shall not constitute a Termination of Service but shall be considered to be a period of employment by the Employer provided that (i) such military service is caused by war or
other emergency or the Employee is required to serve under the laws of conscription in time of peace, (ii) the Employee returns to employment with the Employer within six (6) months following discharge from such military service and
(iii) such Employee is reemployed by the Employer at a time when the Employee had a right to reemployment at his former 

  

					
	750	  	15	  	Fox Chase Bank

 Article I — 
 Definitions 
  

 
position or substantially similar position upon separation from such military duty in accordance with seniority rights as protected under the laws of the
United States of America. Notwithstanding any provision of the Plan to the contrary, contributions, benefits and calculation of Periods of Service with respect to qualified military service will be provided in accordance with Section 414(u) of
the Code. 
 A leave of absence granted to an Employee by the Employer shall not constitute a Termination of Service provided that the
Participant returns to the active service of the Employer at the expiration of any such period for which leave has been granted. 
 Notwithstanding the foregoing, an Employee who is absent from service with the Employer beyond the first anniversary of the first date of his absence for maternity or paternity reasons set forth in Section 1.44 shall incur a
Termination of Service for purposes of the Plan on the second anniversary of the date of such absence. 
  

	1.66	Trust Agreement means the agreement or agreements between the Employer and a Trustee pursuant to which the Trust Fund shall be held in trust. 

  

	1.67	Trustee means the RSGroup Trust Company, Portland, Maine, or any successor trustee of the Plan. 

  

	1.68	Trust Fund means the Plan assets held in accordance with the Trust Agreement. 

  

	1.69	Trust Fund Units means the units of measure of an Employee’s proportionate undivided beneficial interest in one or more of the Investment Funds, other than in the
Employer Stock Fund, valued as of the close of business. 

  

	1.70	Valuation Date means each business day. 

  

	1.71	Vesting Computation Period means a Plan Year. 

  

	1.72	Year of Service means, with respect to Periods of Service credited prior to the Restatement Date, a Vesting Computation Period during which the Employee completes at least
one thousand (1,000) Hours of Service. 

  

					
	750	  	16	  	Fox Chase Bank

 Article II — 
 Eligibility and Participation 
  

 ARTICLE II — 
 ELIGIBILITY AND PARTICIPATION 
  

	2.1	Eligibility 

  

	 	(a)	Every Employee who was a Participant in the Prior Plan immediately prior to the Restatement Date shall continue to be a Participant on the Restatement Date.

  

	 	(b)	Every other Employee who is not excluded under the provisions of Section 2.2 shall become an Eligible Employee upon the completion of a Period of Service of one (1) Month
of Service (30 days of service). 

  

	 	(c)	For purposes of determining if an Employee completed a Period of Service of one (1) month, employment with an Affiliated Employer shall be deemed employment with the Employer.

  

	 	(d)	An Employee who otherwise satisfies the requirements of this Section 2.1 and who is no longer excluded under the provisions of Section 2.2 shall immediately become an
Eligible Employee. 

  

	2.2	Ineligible Employees 

 The following classes of
Employees are ineligible to participate in the Plan: 
  

	 	(a)	Leased Employees; 

  

	 	(b)	Employees in a unit of Employees covered by a collective bargaining agreement with the Employer pursuant to which employee benefits were the subject of good faith bargaining and
which agreement does not expressly provide that Employees of such unit be covered under the Plan; 

  

	 	(c)	Employees who are non resident aliens (within the meaning of section 7701(b)(1)(B) of the Code) deriving no earned income (within the meaning of section 911(d)(2) of the Code) from
the Employer which constitutes income from sources within the United States (within the meaning of section 861(a)(3) of the Code); and 

  

	 	(d)	Seasonal Employees. 

  

	2.3	Participation 

 Participation in the Plan is
voluntary with respect to an election for Before-Tax Contributions and/or Roth Contributions, if implemented, upon approval by the Employer. An Eligible Employee may elect to make Before-Tax Contributions and/or Roth Contributions, if any, in
accordance with Section 3.1, as of the first day of any calendar month following satisfaction of the eligibility requirements set forth in Section 

  

					
	750	  	17	  	Fox Chase Bank

 Article II — 
 Eligibility and Participation 
  

 
2.1. In addition, an Eligible Employee will automatically participate in the Plan upon satisfaction of the eligibility requirements set forth in
Section 2.1, with respect to eligibility for Special Contributions in accordance with Section 3.5. 
 An election for Before-Tax
Contributions and/or Roth Contributions, if implemented, upon approval by the Employer shall be evidenced by completing and filing the form or forms (including electronic forms) prescribed by the Committee not less than ten (10) days prior to
the date participation is to commence. Such form or forms shall include, but not be limited to, a Compensation Reduction Agreement, a designation of Beneficiary, and an investment direction as described in Section 6.1. By completing and filing
such form or forms, the Eligible Employee authorizes the Employer to make the applicable payroll deductions from Compensation, commencing on the first applicable payday coincident with or next following the effective date of the Eligible
Employee’s election to participate. In the case of Special Contributions, a Participant shall complete a form or forms prescribed by the Committee, designating a Beneficiary and an investment direction as described in Section 6.1.

  

	2.4	Termination of Participation 

 Participation in the
Plan shall terminate on the earlier of the date a Participant dies or the entire vested interest in the Net Value of such Participant’s Accounts has been distributed. 
  

	2.5	Eligibility upon Reemployment 

 If an Employee
incurs a One Year Period of Severance prior to satisfying the eligibility requirements of Section 2.1, service prior to such One Year Period of Severance shall be disregarded and such Employee must satisfy the eligibility requirements of
Section 2.1 as a new Employee. 
 If an Employee incurs a One Year Period of Severance after satisfying the eligibility requirements of
Section 2.1 and again performs an Hour of Service, the Employee shall be eligible to participate in the Plan immediately upon reemployment, provided such Employee is not excluded from participating under the provisions of Section 2.2.

  

					
	750	  	18	  	Fox Chase Bank

 Article III — 
 Contributions and Limitations on Contributions 
  

 ARTICLE III — 
 CONTRIBUTIONS AND LIMITATIONS ON CONTRIBUTIONS 
  

	3.1	Elective Contributions 

 The Employer shall make
Before-Tax Contributions and/or after-tax Roth Contributions, if implemented, upon approval by the Employer, for each payroll period in an amount equal to the amount by which a Participant’s Compensation has been reduced with respect to such
period under his Compensation Reduction Agreement. Subject to the limitations set forth in Sections 3.2 and 3.11, the amount of reduction authorized by the Eligible Employee shall be whole percentages of Compensation and shall not be less than one
percent (1%) nor greater than twenty-five percent (25%). The Before-Tax Contributions made on behalf of a Participant shall be credited to such Participant’s Before-Tax Contribution Account and shall be invested in accordance with Article
VI of the Plan. The Roth Contributions, if any, made by a Participant shall be credited to such Participant’s Roth Contribution Account and shall be invested in accordance with Article VI of the Plan. 
  

	3.2	Limitations on Elective Contributions 

  

	 	(a)	The percentage of Elective Contributions made on behalf of a Participant who is a Highly Compensated Employee shall be limited so that the Average Actual Deferral Percentage for the
group of such Highly Compensated Employees for the Plan Year does not exceed the greater of: 

  

	 	(i)	the Average Actual Deferral Percentage for the group of Eligible Employees who were Non-Highly Compensated Employees for the preceding Plan Year multiplied by 1.25; or

  

	 	(ii)	the Average Actual Deferral Percentage for the group of Eligible Employees who were Non-Highly Compensated Employees for the preceding Plan Year multiplied by two (2), provided that
the difference in the Average Actual Deferral Percentage for eligible Highly Compensated Employees and eligible Non-Highly Compensated Employees does not exceed two percent (2%). Use of this alternative limitation shall be subject to the provisions
of Income Tax Regulations issued under Code Section 401(m)(9) regarding the multiple use of the alternative limitation set forth in Sections 401(k) and 401(m) of the Code. 

	 	

 The preceding Plan Year testing method can only be modified if the Plan meets the
requirements for changing to current Plan Year testing as set forth in Internal Revenue Service Notice 98-1, or any successor future guidance issued by the Internal Revenue Service. 
  

					
	750	  	19	  	Fox Chase Bank

 Article III — 
 Contributions and Limitations on Contributions 
  

 The above subsections (i) and (ii) shall be subject to the distribution provisions of the
last paragraph of Section 3.11(f). 
 If the Average Actual Deferral Percentage for the group of eligible Highly Compensated Employees
exceeds the limitations set forth in the preceding paragraph, the amount of excess Elective Contributions for a Highly Compensated Employee shall be determined by “leveling” (as hereafter defined), the highest Elective Contributions made
by Highly Compensated Employees until the Average Actual Deferral Percentage test for the group of eligible Highly Compensated Employees complies with such limitations. For purposes of this paragraph, “leveling” means reducing the Elective
Contributions of the Highly Compensated Employee with the highest Elective Contribution amount to the extent required to: 
  

	 	(A)	enable the Average Actual Deferral Percentage limitations to be met; or 

  

	 	(B)	cause such Highly Compensated Employee’s Elective Contribution amount to equal the dollar amount of the Elective Contributions of the Highly Compensated Employee with the next
highest Elective Contribution amount by distribution of such excess Elective Contributions, as described below, to the Highly Compensated Employee whose Elective Contributions equal the highest dollar amount, 

 and repeating such process until the Average Actual Deferral Percentage for the group of eligible Highly Compensated Employees complies with the Average
Actual Deferral Percentage limitations. Reduction of Elective Contributions hereunder shall first be made from the Highly Compensated Employee’s Roth Contribution Account, if implemented, upon approval by the Employer, followed by his
Before-Tax Contribution Account. 
 If Elective Contributions made on behalf of a Participant during any Plan Year exceed the maximum amount
applicable to a Participant as set forth above, any such contributions, including any earnings thereon as determined under Section 3.8, shall be characterized as Compensation payable to the Participant and shall be paid to the Participant from
his Before-Tax Contribution Account and/or Roth Contribution Account, if implemented, upon approval by the Employer, and as applicable, no later than two and one-half (2-1/2) months after the close of such Plan Year. 
 If Elective Contributions during any Plan Year exceed the maximum amount applicable to a Participant as set forth above, any Matching Contributions,
including any earnings thereon as determined under Section 3.8, that are attributable to Before-Tax Contributions and/or Roth Contributions, if implemented, upon approval by the Employer, which are returned to the Participant as provided
hereunder, shall be treated as Forfeitures under Section 4.2. 

  

					
	750	  	20	  	Fox Chase Bank

 Article III — 
 Contributions and Limitations on Contributions 
  

 
In the event that the Plan satisfies the requirements of Section 401(k), 401(a)(4) or 410(b) of the Code only if aggregated with one or more other
plans, or if one or more other plans satisfy the requirements of Section 401(k), 401(a)(4) or 410(b) of the Code only if aggregated with the Plan, then this Section 3.2 shall be applied by determining the Actual Deferral Percentages of
Eligible Employees as if all such plans were a single plan. 
 If any Highly Compensated Employee is a Participant in two (2) or more
cash or deferred arrangements of the Employer, for purposes of determining the Actual Deferral Percentage with respect to such Highly Compensated Employee, all cash or deferred arrangements shall be treated as one (1) cash or deferred
arrangement. 
  

	 	(b)	Elective Contributions, as described under Section 3.1, and any elective deferrals (as defined under Section 402(g) of the Code) under all other plans, contracts or
arrangements of the Employer may be adjusted as prescribed by the Secretary of the Treasury under Section 415(d) of the Code. This Section 3.2(b) shall be subject to the distribution provisions of the last paragraph of
Section 3.11(f). 

 No Participant shall be permitted to have elective deferrals made under this Plan, or any other
qualified plan maintained by the Employer during any taxable year, in excess of the dollar limitation contained in Section 402(g) of the Code in effect for such taxable year, except to the extent permitted under Section 3.6, if applicable.

  

	 	(c)	If Elective Contributions made on behalf of a Participant during any Plan Year exceed the dollar limitation set forth in subsection (b), such contributions, including any earnings
thereon as determined under Section 3.8, shall be characterized as Compensation payable to the Participant and shall be paid to the Participant from his Before-Tax Contribution Account and/or Roth Contribution Account, if implemented, upon
approval by the Employer, and as applicable, no later than April 15th of the calendar year following the close of such Plan Year. 

 If Elective Contributions during any Plan Year exceed the maximum dollar amount applicable to a Participant as set forth in subsection (b), any Matching Contributions, including any earnings thereon as determined
under Section 3.8, that are attributable to Before-Tax Contributions and/or Roth Contributions, if implemented, upon approval by the Employer, which are returned to the Participant as provided hereunder, shall be treated as Forfeitures under
Section 4.2. 
  

	 	(d)	Subject to the requirements of Sections 401(a) and 401(k) of the Code, the maximum amounts under subsections (a) and (b) may differ in amount or percentage as between
individual Participants or classes of Participants, and any Compensation Reduction Agreement may be terminated, amended, or suspended without the consent of any such Participant or Participants in order to comply with the provisions of such
subsections (a) and (b). 

  

					
	750	  	21	  	Fox Chase Bank

 Article III — 
 Contributions and Limitations on Contributions 
  

	3.3	Changes in Elective Contributions 

 Unless
(a) an election is made to the contrary, or (b) a Participant receives a Hardship distribution pursuant to Section 7.3(c)(iii), the percentage of Elective Contributions made under Section 3.1 shall continue in effect as long as
the Participant has a Compensation Reduction Agreement in force. A Participant may, by completing the applicable form (or electronically), prospectively increase or decrease the rate of Elective Contributions to any of the percentages authorized
under Section 3.1 or suspend Elective Contributions without withdrawing from participation in the Plan. Such election must be filed at least ten (10) days prior to the first day of the payroll period with respect to which such change is to
become effective. A Participant who has Elective Contributions suspended may resume such contributions by completing and filing the applicable form (or electronically). Not more often than once during any calendar quarter may an election be made
which would prospectively increase, decrease, suspend or resume Elective Contributions of a Participant. A Participant may terminate his Elective Contributions at any time. 
 Elective Contributions based on Compensation for the period during which such contributions had been suspended or decreased may not be made up at a later
date. 
  

	3.4	Matching Contributions 

  

	 	(a)	The Employer shall make contributions on behalf of each Participant in an amount equal to thirty three and one third percent (33-1/3%) of the first six percent (6%) of such
Participant’s Elective Contributions, up to a maximum of two percent (2%) of the Participant’s Compensation. 

  

	 	(b)	Matching Contributions shall be credited to the Participant’s Matching Contribution Account and shall be invested in accordance with Article VI of the Plan.

  

	 	(c)	If a Participant terminates his Elective Contributions, Matching Contributions attributable to such contributions will also cease. If Elective Contributions are suspended, the
Matching Contributions attributable to such contributions will be suspended for the same period. Subject to the limitations set forth in subsection (a), if Elective Contributions are increased or decreased, Matching Contributions attributable to
such contributions will be increased or decreased during the same period. Matching Contributions for the period during which Elective Contributions had been suspended or decreased may not be made up at a later date. 

  

	 	(d)	Matching Contributions may be reviewed and modified by the Employer’s Board, from time to time. 

  

	3.5	Special Contributions 

 In addition to any
other contributions, the Employer may, in its discretion, make Special Contributions for a Plan Year to the Before-Tax Contribution Account of any Eligible 

  

					
	750	  	22	  	Fox Chase Bank

 Article III — 
 Contributions and Limitations on Contributions 
  

 
Employees. Such Special Contributions may be limited to the amount necessary to insure that the Plan complies with the requirements of Section 401(k) of
the Code. The Special Contributions made on behalf of a Participant shall be invested in accordance with Article VI of the Plan. 
 The
Employer may provide that Special Contributions be made only on behalf of each Eligible Employee who is a Non-Highly Compensated Employee on the last day of the Plan Year. Such Special Contributions shall be allocated in proportion to each such
Eligible Employee’s Compensation for the Plan Year. 
 Any other provision of the Plan to the contrary notwithstanding, no Matching
Contributions shall be made with respect to any Special Contributions. 
  

	3.6	Catch-Up Contributions 

 All Employees who are
eligible to make Elective Contributions under this Plan and who have attained age 50 before the close of the Plan Year, shall be eligible to make Catch-Up Contributions in accordance with, and subject to the limitations of Section 414(v) of the
Code. Such Catch-Up Contributions shall not be taken into account for purposes of Section 3.2(b) implementing the required limitations of Section 402(g) of the Code and Section 3.11 implementing the required limitations of
Section 415 of the Code. The Plan shall not be treated as failing to satisfy the provisions of the Plan implementing the requirements of Sections 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the
making of such Catch-Up Contributions. 
 Catch-Up Contributions shall be credited to an Employee’s Before-Tax Contribution Account or
Roth Contribution Account, if implemented, upon approval by the Employer, as applicable, and shall be invested in accordance with Article VI of the Plan. 
  

	3.7	Limitation on Matching Contributions 

 The Actual
Contribution Percentage made on behalf of a Participant who is a Highly Compensated Employee shall be limited so that the Average Actual Contribution Percentage for the group of such Highly Compensated Employees for the Plan Year shall not exceed
the greater of: 
  

	 	(a)	the Average Actual Contribution Percentage for the group of Eligible Employees who were Non-Highly Compensated Employees for the preceding Plan Year multiplied by 1.25; or

  

	 	(b)	 the Average Actual Contribution Percentage for the group of Eligible Employees who were Non-Highly Compensated Employees for the preceding Plan Year multiplied by
two (2), provided, that the difference in the Average Actual Contribution Percentage for Highly Compensated Employees and Non-Highly Compensated Employees does not exceed two percent (2%). Use of this alternative limitation shall be subject to the
provisions of Income Tax Regulations 

  

					
	750	  	23	  	Fox Chase Bank

 Article III — 
 Contributions and Limitations on Contributions 
  

	 	 
issued under Code Section 401(m)(9) regarding the multiple use of the alternative limitation set forth in Sections 401(k) and 401(m) of the Code.

 The preceding Plan Year testing method can only be modified if the Plan meets the requirements for changing to current
Plan Year testing as set forth in Internal Revenue Service Notice 98-1, or any successor future guidance issued by the Internal Revenue Service. 
 The above subsections (a) and (b) shall be subject to the distribution provisions of the last paragraph of Section 3.11(f). 
 If the Average Actual Contribution Percentage for the group of eligible Highly Compensated Employees exceeds the limitations set forth in the preceding paragraph, the amount of excess Matching Contributions for a Highly Compensated Employee
shall be determined by “leveling” (as hereafter defined,) the highest Matching Contributions until the Average Actual Contribution Percentage test for the group of eligible Highly Compensated Employees complies with such limitations. For
purposes of this paragraph, “leveling” means reducing the Matching Contributions made on behalf of the Highly Compensated Employee with the highest Matching Contribution amount to the extent required to: 
  

	 	(i)	enable the Average Actual Contribution Percentage limitations to be met; or 

  

	 	(ii)	cause such Highly Compensated Employee’s Matching Contribution amount to equal the dollar amount of the Matching Contribution made on behalf of the Highly Compensated Employee
with the next highest Matching Contribution amount, 

 and repeating such process until the Average Actual Contribution
Percentage for the group of eligible Highly Compensated Employees complies with the Average Actual Contribution Percentage limitations. 
 If
Matching Contributions during any Plan Year exceed the maximum amount applicable to a Participant as set forth above, any such contributions, including any earnings thereon as determined under Section 3.8, shall, whether or not vested, be
treated as Forfeitures under Section 4.2. 
 In the event that the Plan satisfies the requirements of Section 401(m), 401(a)(4) or
410(b) of the Code only if aggregated with one or more other plans, or if one or more other plans satisfy the requirements of Section 401(m), 401(a)(4) or 410(b) of the Code only if aggregated with the Plan, then this Section 3.7 shall be
applied by determining the Actual Contribution Percentages of Eligible Employees as if all such plans were a single plan. 
 If any Highly
Compensated Employee is a Participant in two (2) or more plans of the Employer, for purposes of determining the Actual Contribution Percentage with respect to such Highly Compensated Employee, all such plans shall be treated as one
(1) plan. 
  

					
	750	  	24	  	Fox Chase Bank

 Article III — 
 Contributions and Limitations on Contributions 
  

	3.8	Interest on Excess Contributions 

 In the event
Before-Tax Contributions and/or Roth Contributions, if implemented, upon approval by the Employer and/or Matching Contributions made on behalf of a Participant during a Plan Year exceed the maximum allowable amount as described in
Section 3.2(a), 3.2(b) or 3.7 (“Excess Contributions”) and such Excess Contributions and earnings thereon are payable to the Participant under the applicable provisions of the Plan, earnings on such Excess Contributions for the period
commencing with the first day of the Plan Year in which the Excess Contributions were made and ending with the date of payment to the Participant (“Allocation Period”) shall be determined in accordance with the provisions of this
Section 3.8. 
 The earnings allocable to excess Before-Tax Contributions and/or Roth Contributions, if implemented, upon approval by the
Employer, for an Allocation Period shall be equal to the sum of (a) plus (b) where (a) and (b) are determined as follows: 
  

	 	(a)	The amount of earnings attributable to the Participant’s Before-Tax Contribution Account and/or Roth Contribution Account, if any, for the Plan Year multiplied by a fraction,
the numerator of which is the excess Before-Tax Contributions and Special Contributions and/or Roth Contributions, if any, for the Plan Year, and the denominator of which is the sum of (i) the Net Value of the Participant’s Before-Tax
Contribution Account and/or Roth Contribution Account, if any, as of the last day of the immediately preceding Plan Year and (ii) the contributions (including the Excess Contributions) made to the Before-Tax Contribution Account and/or Roth
Contribution Account, if any, on the Participant’s behalf during such Plan Year. 

  

	 	(b)	The amount of earnings attributable to the Participant’s Before-Tax Contribution Account and/or Roth Contribution Account, if implemented, upon approval by the Employer, for
the period commencing with the first day of the Plan Year in which payment is made to the Participant and ending with the date of payment to the Participant multiplied by a fraction, the numerator of which is the excess Before-Tax Contributions and
Special Contributions and/or Roth Contributions, if any, made to the Before-Tax Contribution Account and/or Roth Contribution Account, if any, on the Participant’s behalf during the Plan Year immediately preceding the Plan Year in which the
payment is made to the Participant, and the denominator of which is the Net Value of the Participant’s Before-Tax Contribution Account and/or Roth Contribution Account, if any, on the first day of the Plan Year in which the payment is made to
the Participant. 

 The earnings allocable to excess Matching Contributions for an Allocation Period shall be equal to the sum
of (A) and (B) where (A) and (B) are determined as follows: 
  

	 	(A)	 The amount of earnings attributable to the Participant’s Matching Contribution Account for the Plan Year multiplied by a fraction, the numerator of which is
the excess Matching Contributions for the Plan Year, and the denominator of which is 

  

					
	750	  	25	  	Fox Chase Bank

 Article II — 
 Contributions and Limitations on Contributions 
  

	 	 
the sum of (I) the Net Value of the Participant’s Matching Contribution Account as of the last day of the immediately preceding Plan Year and (II)
the contributions (including the Excess Contributions) made to the Matching Contribution Account on the Participant’s behalf during such Plan Year. 

  

	 	(B)	The amount of earnings attributable to the Participant’s Matching Contribution Account for the period commencing with the first day of the Plan Year in which payment is made to
the Participant and ending with the date of payment to the Participant multiplied by a fraction, the numerator of which is the excess Matching Contributions made to the Matching Contribution Account on the Participant’s behalf during the Plan
Year immediately preceding the Plan Year in which the payment is made to the Participant, and the denominator of which is the Net Value of the Participant’s Matching Contribution Account on the first day of the Plan Year in which the payment is
made to the Participant. 

  

	3.9	Payment of Contributions 

 As soon as possible after
each payroll period, but not less often than once a month, the Employer shall deliver to the Trustee: (a) the Before-Tax Contributions and/or Roth Contributions, if implemented, upon approval by the Employer, required to be made to the Trust
Fund during such payroll period under the applicable Compensation Reduction Agreements, and (b) the amount of all Matching Contributions required to be made to the Trust Fund for such payroll period. 
 Special Contributions shall be forwarded by the Employer to the Trustee no later than the time for filing the Employer’s federal income tax return,
plus any extensions thereon, for the Plan Year to which they are attributable. 
  

	3.10	Rollover Contribution 

 Subject to such terms and
conditions as may from time to time be established by the Committee and the Trustee, an Employee, whether or not a Participant, may contribute a Rollover Contribution to the Trust Fund; provided, however, that such Employee shall submit a written
certification, in form and substance satisfactory to the Committee, that the contribution qualifies as a Rollover Contribution. The Committee shall be entitled to rely on such certification and shall accept the contribution on behalf of the Trustee.
Rollover Contributions shall be credited to an Employee’s Rollover Contribution Account and shall be invested in accordance with Article VI of the Plan. 
  

	3.11	Section 415 Limits on Contributions 

  

	 	(a)	For purposes of this Section 3.11, the following terms and phrases shall have the meanings hereafter ascribed to them: 

  

	 	(i)	 “Annual Additions” shall mean the sum of the following amounts credited to a Participant’s Accounts for the Limitation Year: (A) Employer
contributions, including Before-Tax Contributions and Matching 

  

					
	750	  	26	  	Fox Chase Bank

 Article II — 
 Contributions and Limitations on Contributions 
  

	 	 
Contributions; (B) Roth Contributions, if implemented, upon approval by the Employer and any other Employee contributions; (C) forfeitures; and
(D) (1) amounts allocated to an individual medical account, as defined in Section 415(l)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer and (2) amounts derived from contributions, paid or
accrued, which are attributable to post-retirement medical benefits allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund as defined in Section 419(e) of the Code,
maintained by the Employer are treated as Annual Additions. Annual Additions include the following contributions credited to a Participant’s Accounts for the Limitation Year, regardless of whether such contributions have been distributed to the
Participant: 

  

	 	(I)	Before-Tax Contributions and/or Roth Contributions, if any, which exceed the limitations set forth in Section 3.2(a); 

  

	 	(II)	Before-Tax Contributions and/or Roth Contributions, if any made on behalf of a Highly Compensated Employee which exceed the limitations set forth in Section 3.2(b); and

  

	 	(III)	Matching Contributions made on behalf of a Highly Compensated Employee which exceed the limitations set forth in Section 3.7. 

  

	 	(ii)	“Current Accrued Benefit” shall mean a Participant’s annual accrued benefit under a defined benefit plan, determined in accordance with the meaning of
Section 415(b)(2) of the Code, as if the Participant had separated from service as of the close of the last Limitation Year beginning before January 1, 1987. In determining the amount of a Participant’s Current Accrued Benefit, the
following shall be disregarded: 

  

	 	(A)	any change in the terms and conditions of the defined benefit plan after May 5, 1986; and 

  

	 	(B)	any cost of living adjustment occurring after May 5, 1986. 

  

	 	(iii)	“Defined Benefit Plan” and “Defined Contribution Plan” shall have the meanings set forth in Section 415(k) of the Code. 

  

	 	(iv)	“Limitation Year” shall mean the calendar year. 

  

	 	(v)	“Section 415 Compensation” shall be a Participant’s remuneration as defined in Income Tax Regulations Sections 1.415-2(d)(2), (3) and (6). For purposes of this
Section, Section 415 Compensation shall include (A) any elective deferral (as defined in Section 402(g)(3) of the Code, and (B) any amount which is contributed or deferred by the Employer at the election of the Employee and which
is not includable in the gross income of the Employee by reason of Section 125 or 457 of the Code. 

  

					
	750	  	27	  	Fox Chase Bank

 Article III — 
 Contributions and Limitations on Contributions 
  

	 	    	For purposes of applying the Limitations described in this Section 3.11, compensation paid or made available during such Limitation Years shall include elective amounts that
are not includable in the gross income of an Employee by reason of Section 132(f)(4) of the Code. 

  

	 	(b)	For purposes of applying the Section 415 limitations, the Employer and all members of a controlled group of corporations (as defined under Section 414(b) of the Code as
modified by Section 415(h) of the Code), all commonly controlled trades or businesses (as defined under Section 414(c) of the Code as modified by Section 415(h) of the Code), all affiliated service groups (as defined under
Section 414(m) of the Code) of which the Employer is a member, any leasing organization (as defined under Section 414(n) of the Code) that employs any person who is considered an Employee under Section 414(n) of the Code and any other
group provided for under any and all Income Tax Regulations promulgated by the Secretary of the Treasury under Section 414(o) of the Code, shall be treated as a single employer. 

  

	 	(c)	If the Employer maintains more than one qualified Defined Contribution Plan on behalf of its Employees, such plans shall be treated as one Defined Contribution Plan for purposes of
applying the Section 415 limitations of the Code. 

  

	 	(d)	Except to the extent permitted under Section 3.6, if applicable, the Annual Additions that may be contributed or allocated to a Participant’s Accounts under the Plan for
any Limitation Year shall not exceed the lesser of: 

  

	 	(i)	forty thousand dollars ($40,000), as adjusted for increases in the cost-of-living under Section 415(d) of the Code; or 

  

	 	(ii)	one hundred percent (100%) of the Participant’s Section 415 Compensation for the Limitation Year. 

 The compensation limit referred to in subsection (ii), above, shall not apply to any contribution for medical benefits after separation from service
(within the meaning of Section 401(h) or Section 419A(f)(2) of the Code) which is otherwise treated as an Annual Addition. 
  

	 	(e)	If, as a result of the allocation of forfeitures, a reasonable error in estimating a Participant’s annual Compensation, a reasonable error in determining the amount of elective
deferrals that may be made with respect to any Participant, or as otherwise permitted by the Internal Revenue Service, the Annual Additions to a Participant’s Accounts for a Limitation Year exceed the limitation set forth in subsection
(d) above during the Limitation Year, any or all of the following contributions on behalf of such Participant shall be immediately adjusted to that amount which will result in such Annual Additions not exceeding the limitation set forth in
subsection (d): 

  

					
	750	  	28	  	Fox Chase Bank

 Article III — 
 Contributions and Limitations on Contributions 
  

	 	(i)	Before-Tax Contributions and/or Roth Contributions, if implemented, upon approval by the Employer; 

  

	 	(ii)	Special Contributions; and 

  

	 	(iii)	Matching Contributions. 

  

	 	(f)	If the Annual Additions to a Participant’s Accounts for a Limitation Year exceed the limitations set forth in subsection (d) above at the end of a Limitation Year, such
excess amounts shall not be treated as Annual Additions in such Limitation Year but shall instead be treated in accordance with the following: 

  

	 	(i)	such excess amounts shall be used to reduce the Elective Contributions, Matching Contributions and/or Special Contributions to be made on behalf of such Participant in the
succeeding Limitation Year, provided that such Participant is an Eligible Employee during such succeeding Limitation Year. If such Participant is not an Eligible Employee or ceases to be an Eligible Employee during such succeeding Limitation Year,
any remaining excess amounts from the preceding Limitation Year shall be allocated during such succeeding Limitation Year to each Participant then actively participating in the Plan. Such allocation shall be in proportion to the Elective
Contributions made to date on his behalf for such Limitation Year, or the prior Limitation Year with respect to an allocation as of the beginning of a Limitation Year, before any other contributions are made in such succeeding Limitation Year; or

  

	 	(ii)	such excess amounts may be reduced by the distribution of such Participant’s Elective Contributions to such Participant. 

 The Employer will, at the end of the Limitation Year in which such excess amounts were made, choose the manner in which to treat such excess amounts on a
uniform and nondiscriminatory basis on behalf of all affected Participants. If such excess amounts are reduced by the distribution described in subsection (ii), the amounts of such distribution shall not be taken into account for purposes of
Sections 3.2(a)(i) and (ii), 3.7(a) and (b), or in determining the limitation in Section 3.2(b). In addition, any Matching Contributions attributable to such amounts shall constitute Forfeitures as described in Section 4.2. 
  

					
	750	  	29	  	Fox Chase Bank

 Article IV — 
 Vesting and Forfeitures 
  

 ARTICLE IV — 
 VESTING AND FORFEITURES 
  

	4.1	Vesting 

  

	 	(a)	An Employee shall always be fully vested in the Net Value of his Before-Tax Contribution Account, the Net Value of his Roth Contribution Account, if implemented, upon approval by
the Employer, and the Net Value of his Rollover Contribution Account. 

  

	 	(b)	A Participant shall become fully vested in the Net Value of his Matching Contribution Account upon the earlier of such Participant’s (i) Normal Retirement Age or
(ii) termination of employment by reason of death, Disability or reaching his Retirement Date. 

  

	 	(c)	A Participant who is not fully vested under subsection (b) shall be vested in the Net Value of his Matching Contribution Account in accordance with the following schedule:

  

			
	 Period of Service
	  	Vested Percentage
	 Less than 1 year
	  	    0%
	 1 year but less than 2 years
	  	  20%
	 2 years but less than 3 years
	  	  40%
	 3 years but less than 4 years
	  	  60%
	 4 years but less than 5 years
	  	  80%
	 5 or more years
	  	100%

  For purposes of determining a Participant’s Period of Service under this subsection
(c) and under Section 4.3, employment with an Affiliated Employer shall be deemed employment with the Employer. 
 For purposes of
determining a Participant’s vested percentage of the Net Value of his Matching Contribution Account, all Periods of Service shall be included. 
  

	 	(d)	The vested Net Value of a Participant’s Matching Contribution Account shall be determined as follows: 

  

	 	(i)	the Participant’s Matching Contribution Account shall first be increased to include (A) that portion of such Account which had been previously withdrawn in accordance with
Sections 7.2 and 7.3 and (B) that portion of such Account which had been borrowed in accordance with Article VIII and is outstanding on the date of this determination; 

  

					
	750	  	30	  	Fox Chase Bank

 Article IV — 
 Vesting and Forfeitures 
  

	 	(ii)	the applicable vested percentage determined in accordance with subsection (c) shall then be applied to such Account as determined in accordance with clause (i);

  

	 	(iii)	the amount determined in accordance with clause (ii) shall then be reduced by (A) that portion of such Account which had been previously withdrawn in accordance with
Sections 7.2 and 7.3 and (B) that portion of such Account which had been borrowed in accordance with Article VIII and is outstanding on the date of this determination. 

  

	4.2	Forfeitures 

 If a Participant who is not
fully vested in the Net Value of his Accounts terminates employment, the Trust Fund Units representing the nonvested portion of his Accounts shall constitute Forfeitures. Forfeitures shall be treated as Matching Contributions and shall be applied to
reduce the amount of subsequent Matching Contributions otherwise required to be made. In no event shall Forfeitures be allocated to a Participant’s Roth Contribution Account. 
 With respect to a Participant’s Matching Contribution Account, anything in Section 4.1 to the contrary notwithstanding, any Matching
Contribution forfeited in accordance with the sixth paragraph of Section 3.2(a), the second paragraph of Section 3.2(c), the fifth paragraph of Section 3.7 or the second paragraph of Section 3.11(f), shall be applied to reduce
the amount of subsequent Matching Contributions otherwise required to be made. 
 If a former Participant who is not fully vested in the Net
Value of his Accounts receives a distribution of his vested interest in the Net Value of his Accounts and is subsequently reemployed by the Employer prior to incurring five (5) consecutive One Year Periods of Severance, he shall have the Net
Value of his Accounts as of the date he previously terminated employment reinstated provided he repays the full amount of his distribution in cash or cash equivalents before the end of the five (5) consecutive One Year Periods of Severance
commencing with the date of distribution. The reinstated amount shall be unadjusted by any gains or losses occurring subsequent to the Participant’s termination of employment and prior to repayment of such distribution. Any forfeited amounts
required to be reinstated hereunder shall be made by an additional Employer contribution for such Plan Year. If such former Participant does not repay the full amount of his distribution in cash or cash equivalents before the end of the five
(5) consecutive One Year Periods of Severance commencing with the date of distribution, the Net Value of his Accounts as of the date he previously terminated employment shall not be reinstated. 
 If a former Participant who is not fully vested in the Net Value of his Accounts elects to defer distribution of his vested account interest, the
nonvested portion of such former Participant’s Account shall be forfeited as of the date of his Termination of Service; provided, however, that if such former Participant is reemployed before incurring five (5) consecutive One Year Periods
of Severance, the nonvested portion of his Accounts shall 

  

					
	750	  	31	  	Fox Chase Bank

 Article IV — 
 Vesting and Forfeitures 
  

 
be reinstated in its entirety, unadjusted by any gains or losses occurring subsequent to the distribution. 
  

	4.3	Vesting upon Reemployment 

  

	 	(a)	For purposes of this Section 4.3, “Period of Service” means an Employee’s Period of Service determined in accordance with Section 4.1(c).

  

	 	(b)	For the purpose of determining a Participant’s vested interest in the Net Value of his Matching Contribution Account: 

  

	 	(i)	if an Employee is not vested in any Matching Contributions, incurs a One Year Period of Severance and again performs an Hour of Service, such Employee shall receive credit for his
Periods of Service prior to his One Year Period of Severance only if the number of consecutive One Year Periods of Severance is less than the greater of: (A) five (5) years or (B) the aggregate number of his Periods of Service
credited before his One Year Period of Severance. 

  

	 	(ii)	if a Participant is partially vested in any Matching Contributions, incurs a One Year Period of Severance and again performs an Hour of Service, such Participant shall receive
credit for his Periods of Service prior to his One Year Period of Severance; provided, however, that after five (5) consecutive One Year Periods of Severance, a former Participant’s vested interest in the Net Value of the Matching
Contribution Account attributable to Periods of Service prior to his One Year Period of Severance shall not be increased as a result of his Periods of Service following his reemployment date. 

  

	 	(iii)	if a Participant is fully vested in any Matching Contributions, incurs a One Year Period of Severance and again performs an Hour of Service, such Participant shall receive credit
for all his Periods of Service prior to his One Year Period of Severance. 

  

					
	750	  	32	  	Fox Chase Bank

 Article V — 
 Trust Fund, Investment Funds And Voting Rights 
  

 ARTICLE V — 
 TRUST FUND, INVESTMENT FUNDS AND VOTING RIGHTS 
  

	5.1	Trust Fund 

 The Employer has adopted the Trust
Agreement as the funding vehicle with respect to the Investment Funds. 
 All contributions forwarded by the Employer to the Trustee pursuant
to the Trust Agreement shall be held by the Trustee in trust and shall be invested as provided in Article VI and in accordance with the terms and provisions of the Trust Agreement. 
 All assets of the Plan shall be held for the exclusive benefit of Participants, Beneficiaries or other persons entitled to benefits. No part of the corpus
or income of the Trust Fund shall be used for, or diverted to, purposes other than for the exclusive benefit of Participants, Beneficiaries or other persons entitled to benefits and for defraying reasonable administrative expenses of the Plan and
Trust Fund. No person shall have any interest in or right to any part of the earnings of the Trust Fund, or any rights in, to or under the Trust Fund or any part of its assets, except to the extent expressly provided in the Plan. 
 The Trustee shall invest and reinvest the Trust Fund, and the income therefrom, without distinction between principal and income, in accordance with the
terms and provisions of the Trust Agreement. The Trustee may maintain such part of the Trust Fund in cash uninvested as it shall deem necessary or desirable. The Trustee shall be the owner of and have title to all the assets of the Trust Fund and
shall have full power to manage the same, except as otherwise specifically provided in the Trust Agreement. 
  

	5.2	Interim Investments 

 The Trustee may temporarily
invest any amounts designated for investment in any of the Investment Funds of the Trust Fund identified herein in the Investment Fund which provides for a stable investment return, as determined by the Trustee and retain the value of such
contributions therein pending the allocation of such values to the Investment Funds designated for investment. 
  

	5.3	Account Values 

 The Net Value of the Accounts of an
Employee means the sum of the total Net Value of each Account maintained on behalf of the Employee in the Trust Fund as determined as of the Valuation Date coincident with or next following the event requiring the determination of such Net Value.
The assets of any Account shall consist of the Trust Fund Units credited to such Account. The Trust Fund Units shall be valued from time to time by the Trustee, in accordance with the Trust Agreement, but not less often than monthly. On the basis of
such valuations, each Employee’s Accounts shall be adjusted to 

  

					
	750	  	33	  	Fox Chase Bank

 Article V — 
 Trust Fund, Investment Funds And Voting Rights 
  

 
reflect the effect of income collected and accrued, realized and unrealized profits and losses, expenses and all other transactions during the period ending
on the applicable Valuation Date. 
 Upon receipt by the Trustee of Before-Tax Contributions, Roth Contributions, if implemented, upon
approval by the Employer, Matching Contributions, and, if applicable, Rollover Contributions and Special Contributions, such contributions shall be applied to purchase Trust Fund Units, including Trust Fund Units of the Employer Stock Fund, if any,
for such Employee’s Accounts, using the value of such Trust Fund Units as of the close of business on the date received. Whenever a distribution or withdrawal is made to a Participant, Beneficiary or other person entitled to benefits, the
appropriate number of Trust Fund Units credited to such Employee shall be reduced accordingly and each such distribution or withdrawal shall be charged against the Trust Fund Units of the Investment Funds of such Employee pro rata according to their
respective values. 
 For the purposes of this Section 5.3, fractions of Trust Fund Units as well as whole Trust Fund Units may be
purchased or redeemed for the Account of an Employee. 
  

	5.4	Voting Rights 

 Each Participant with Trust Fund
Units in the Employer Stock Fund, if applicable, shall have the right to participate confidentially in the exercise of voting rights appurtenant to shares held in such Investment Fund, provided that such person had Trust Fund Units in such
Investment Fund as of the most recent Valuation Date coincident with or preceding the applicable record date for which records are available. Such participation shall be achieved by completing and filing with the inspector of elections, or such
other person who shall be independent of the issuer of shares as the Committee shall designate, at least ten (10) days prior to the date of the meeting of holders of shares at which such voting rights will be exercised, a written direction in
the form and manner prescribed by the Committee. The inspector of elections, or other such person designated by the Committee shall tabulate the directions given on a strictly confidential basis, and shall provide the Committee with only the final
results of the tabulation. The final results of the tabulation shall be followed by the Committee in the direction as to the manner in which such voting rights shall be exercised. As to each matter in which the holders of shares are entitled to
vote: 
  

	 	(a)	a number of affirmative votes shall be cast equal to the product of: 

  

	 	(i)	the total number of shares held in the Employer Stock Fund as of the applicable record date; and 

  

	 	(ii)	 a fraction, the numerator of which is the aggregate value (as of the Valuation Date coincident with or immediately preceding the applicable record date) of the
Trust Fund Units in the Employer Stock Fund of all persons directing that an affirmative vote be cast, and the denominator of which is the aggregate value (as of the Valuation Date coincident with or 

  

					
	750	  	34	  	Fox Chase Bank

 Article V — 
 Trust Fund, Investment Funds And Voting Rights 
  

	 	 
immediately preceding the applicable record date) of the Trust Fund Units in the Employer Stock Fund of all persons directing that an affirmative or negative
vote be cast; and 

  

	 	(b)	a number of negative votes shall be cast equal to the product of: 

  

	 	(i)	the total number of shares held in the Employer Stock Fund as of the applicable record date; and 

  

	 	(ii)	a fraction, the numerator of which is the aggregate value (as of the Valuation Date coincident with or immediately preceding the applicable record date) of the Trust Fund Units in
the Employer Stock Fund of all persons directing that a negative vote be cast, and the denominator of which is the aggregate value (as of the Valuation Date coincident with or immediately preceding the applicable record date) of the Trust Fund Units
in the Employer Stock Fund of all persons directing that an affirmative or negative vote be cast. 

 The Committee shall
furnish, or cause to be furnished, to each person with Trust Fund Units in the Employer Stock Fund, if applicable, all annual reports, proxy materials and other information known to have been furnished by the issuer of the shares or by any proxy
solicitor, to the holders of shares. 
  

	5.5	Tender Offers and Other Offers 

 Each
Participant with Trust Fund Units in the Employer Stock Fund shall have the right to participate confidentially in the response to a tender offer, or any other offer, made to the holders of shares generally, to purchase, exchange, redeem or
otherwise transfer shares; provided that such person has Trust Fund Units in the Employer Stock Fund as of the Valuation Date coincident with or immediately preceding the first day for delivering shares or otherwise responding to such tender or
other offer. Such participation shall be achieved by completing and filing with the inspector of elections, or such other person who shall be independent of the issuer of shares as the Committee shall designate, at least ten (10) days prior to
the last day for delivering shares or otherwise responding to such tender or other offer, a written direction in the form and manner prescribed by the Committee. The inspector of elections, or other such person designated by the Committee shall
tabulate the directions given on a strictly confidential basis, and shall provide the Committee with only the final results of the tabulation. The final results of the tabulation shall be followed by the Committee in the direction as to the number
of shares to be delivered. On the last day for delivering shares or otherwise responding to such tender or other offer, a number of shares equal to the product of: 
  

	 	(a)	the total number of shares held in the Employer Stock Fund; and 

  

	 	(b)	 a fraction, the numerator of which is the aggregate value (as of the Valuation Date coincident with or immediately preceding the first day for delivering shares or

  

					
	750	  	35	  	Fox Chase Bank

 Article V — 
 Trust Fund, Investment Funds And Voting Rights 
  

	 	 
otherwise responding to such tender or other offer) of the Trust Fund Units in the Employer Stock Fund of all persons directing that shares be delivered in
response to such tender or other offer, and the denominator of which is the aggregate value (as of the Valuation Date coincident with or immediately preceding the first day for delivering shares or otherwise responding to such tender or other offer)
of the Trust Fund Units in the Employer Stock Fund of all persons directing that shares be delivered or that the delivery of shares be withheld; 

 shall be delivered in response to such tender or other offer. Delivery of the remaining shares then held in the Employer Stock Fund shall be withheld. The Committee shall furnish, or cause to be furnished, to each
person whose Account is invested in whole or in part in the Employer. Stock Fund, all information concerning such tender offer furnished by the issuer of shares, or information furnished by or on behalf of the person making the tender or such other
offer. 
  

	5.6	Dissenters’ Rights 

 Each person with an
interest in the Employer Stock Fund, if applicable, on the applicable record date shall have the right to participate in the decision as to whether to exercise the dissenters’ rights appurtenant to shares held in the Employer Stock Fund by
completing and filing a written direction with the Trustee on a timely basis. The Trustee will exercise dissenters’ rights with respect to the shares credited to the Participant’s Accounts as to which the Trustee has received such
instructions. Dissenters’ rights shall not be exercised with respect to the remaining shares held in the Employer Stock Fund. 
  

	5.7	Power to Invest in Company Securities 

 The
Committee may direct the Trustee to acquire or hold any security issued by the Company or its holding company and to invest that portion of the assets of the Trust Fund in such securities. 
  

					
	750	  	36	  	Fox Chase Bank

 Article VI — 
 Investment Directions, Changes of Investment Directions 
 and Transfers Between Investment Funds  
  

 ARTICLE VI — 
 INVESTMENT DIRECTIONS, CHANGES OF INVESTMENT DIRECTIONS 
 AND TRANSFERS BETWEEN INVESTMENT FUNDS

  

	6.1	Investment Directions 

 Upon electing to
participate, each Participant shall direct that the contributions made to his Accounts shall be applied to purchase Trust Fund Units in any one or more of the Investment Funds of the Trust Fund, either as directed Investment Funds and/or managed
Investment Funds, as determined by the Sponsoring Employer. Such direction shall indicate the percentage, in multiples of one percent (1%), in which Before-Tax Contributions, Roth Contributions, if implemented, upon approval by the Employer,
Matching Contributions, Special Contributions, Catch-Up Contributions, and Rollover Contributions shall be made to the designated Investment Funds. 
 With respect to directed Investment Funds, to the extent a Participant shall fail to make an investment direction, contributions made on his behalf shall be applied to purchase Trust Fund Units in an Investment Fund which provides for a
stable investment return, as determined by the Trustee. 
  

	6.2	Change of Investment Directions 

 A Participant may
change any investment direction at any time, in the form and manner prescribed by the Committee, either: (a) by completing and filing a notice at least ten (10) days prior to the effective date of such direction, or, (b) by telephone
or other electronic medium. Prior to the Conversion Date, Participants in the Plan shall be permitted to make a change in investment direction in order to invest in the Employer Stock Fund. Any such change shall be subject to the same conditions as
if it were an initial direction and shall be applied only to any contributions to be invested on or after the effective date of such direction. 
  

	6.3	Transfers Between Investment Funds 

 A Participant
or Beneficiary may, at any time, redirect the investment of his Investment Funds such that a percentage of any one or more Investment Funds may be transferred to any one or more other Investment Funds in the form and manner prescribed by the
Committee, either: (a) by filing a notice at least ten (10) days prior to the effective date of such change, or, (b) by telephone or other electronic medium. Prior to the Conversion Date, Participants in the Plan shall be permitted to
make an additional transfer in order to invest in the Employer Stock Fund. The requisite transfers shall be valued as of the Valuation Date on which the direction is received by the Trustee. 
  

					
	750	  	37	  	Fox Chase Bank

 Article VI — 
 Investment Directions, Changes of Investment Directions 
 and Transfers Between Investment Funds 
  

	6.4	Employees Other than Participants 

  

	 	(a)	Investment Direction 

 An Employee who is not a
Participant but who has made a Rollover Contribution in accordance with the provisions of Section 3.10, shall direct, in the form and manner prescribed by the Committee, that such contribution be applied to the purchase of Trust Fund Units in
any one or more of the Investment Funds, and commencing on the Conversion Date, to purchase Trust Fund Units in the Employer Stock Fund. Such direction shall indicate the percentage, in multiples of one percent (1%), in which contributions shall be
made to the designated Investment Funds, and/or the Employer Stock Fund. Commencing on the Conversion Date, an Employee who is not a Participant shall be permitted to make a change in investment direction in order to invest in the Employer Stock
Fund within sixty (60) days of such date. To the extent any Employee shall fail to make an investment direction, the Rollover Contributions shall be applied to the purchase of Trust Fund Units in the Investment Fund which provides for a stable
investment return, as determined by the Trustee. 
  

	 	(b)	Transfers Between Investment Funds 

 An Employee
who is not a Participant may, subject to the provisions of Section 6.3, at any time redirect the investment of his Investment Funds such that a percentage of any one or more Investment Funds may be transferred to any one or more other
Investment Funds. Commencing on the Conversion Date, an Employee who is not a Participant in the Plan shall be permitted to make a transfer in order to invest in the Employer Stock Fund within sixty (60) days of such date. The requisite
transfers shall be valued as of the Valuation Date on which the direction is received by the Trustee. 
  

	6.5	Restrictions on Investments in the Employer Stock Fund for Certain Participants 

 Notwithstanding anything in the Plan to the contrary, any Participant subject to the provisions of Section 16(b) of the Securities Exchange Act of 1934 may be subject to Section 16(b) liability if such
Participant has an intra-plan transfer, in accordance with the provisions of Section 6.3 and/or Section 6.4, involving the Employer Stock Fund within six (6) months of the next preceding transfer into or out of the Employer Stock
Fund. In addition, any Participant subject to the provisions of Section 16(b) of the Securities Exchange Act of 1934 who elects to receive a cash distribution from his Employer Stock Fund account under the Plan, including redemption of such
stock for purposes of cash withdrawals under Section 7.2 and/or Section 7.3 and/or loans under Article VIII, may similarly be subject to Section 16(b) liability for any short swing profits within six (6) months of the next
preceding transfer into or out of the Employer Stock Fund. 
  

					
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 Article VI — 
 Investment Directions, Changes of Investment Directions 
 and Transfers Between Investment Funds 
  

 However, unless otherwise required by rules and regulations of the Securities and Exchange
Commission, Section 16(b) liability will not result from distributions made in connection with a Participant’s death, Disability, termination of employment or retirement; pursuant to a domestic relations order described under
Section 414(p) of the Code; as a result of the minimum distribution requirements described under Section 401(a)(9) of the Code; or as a result of the limitations described under Sections 401(k), 401(m), 402(g) and 415 of the Code.

  

					
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 ARTICLE VII — 
 PAYMENT OF BENEFITS 
  

	7.1	General 

  

	 	(a)	The vested interest in the Net Value of any one or more of the Accounts of a Participant, Beneficiary or any other person entitled to benefits under the Plan shall be paid only at
the times, to the extent, in the manner, and to the persons provided in this Article VII. 

  

	 	(b)	Notwithstanding the foregoing, if payments are to be made on a monthly basis and if payments are fifty dollars ($50.00) or less, the Committee, in its sole discretion, may determine
to make such payments in a lump sum or in quarterly, semi-annual, or annual installments. 

  

	 	(c)	The Net Value of any one or more of the Accounts of a Participant shall be subject to the provisions of Section 8.7. 

  

	 	(d)	Notwithstanding any provisions of the Plan to the contrary, any and all withdrawals, distributions or payments made under the provisions of this Article VII shall be made in
accordance with the minimum distribution requirements set forth in Section 7.10. 

  

	 	(e)	A Participant’s Before-Tax Contributions, Roth Contributions, if implemented, upon approval by the Employer, Special Contributions, qualified Matching Contributions, and
earnings attributable to these contributions shall be distributed on account of the Participant’s severance from employment. Such a distribution shall, however, be subject to the other provisions this Article VII regarding distributions, other
than provisions that require a separation from service before such amounts may be distributed. 

  

	 	(f)	Distributions from the Employer Stock Fund under this Article VII, shall be made in accordance with Section 7.11 hereunder. 

  

	7.2	Non-Hardship Withdrawals 

  

	 	(a)	Subject to the terms and conditions contained in this Section 7.2, upon ten (10) days prior written notice to the Committee, each Participant shall be entitled to withdraw
not more often than once during any Plan Year all or any portion of the vested interest in the Net Value of his Accounts in the following order of priority: 

  

	 	(i)	the Net Value of the Employee’s Rollover Contribution Account; 

  

	 	(ii)	the Net Value of the Before-Tax Contribution Account, upon the Participant’s attainment of age fifty nine and one-half (59-1/2); 

  

					
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	 	(iii)	the vested interest in the Net Value of his Matching Contribution Account, upon the Participant’s attainment of age fifty-nine and one-half (59-1/2); 

 

	 	(iv)	the lesser of (A) his Roth Contributions, if implemented, upon approval by the Employer and (B) the Net Value of his Roth Contribution Account, if any; and

  

	 	(v)	the Net Value of his Roth Contribution Account, if any not withdrawn under subsection (iv) above. 

  

	 	(b)	Withdrawals under this Section 7.2 shall be made by the redemption of Trust Fund Units from each of the Participant’s Accounts on a pro rata basis from the Investment
Funds thereunder, as were selected by the Participant pursuant to Article VI. 

  

	 	(c)	Any withdrawals under this Section 7.2 shall be subject to the restrictions of Section 6.5. 

  

	7.3	Hardship Distributions 

  

	 	(a)	For purposes of this Section 7.3, a “Hardship” distribution shall mean a distribution that is (i) made on account of a condition which has given rise to
immediate and heavy financial need of a Participant and (ii) necessary to satisfy such financial need. A determination of the existence of an immediate and heavy financial need and the amount necessary to meet the need shall be made by the
Committee in accordance with uniform nondiscriminatory standards with respect to similarly situated persons. 

  

	 	(b)	Immediate and Heavy Financial Need: 

 A Hardship
distribution shall be deemed to be made on account of an immediate and heavy financial need if the distribution is on account of: 
  

	 	(i)	expenses for medical care described under Section 213(d) of the Code which were previously incurred by the Participant, the Participant’s Spouse or any of the
Participant’s dependents as defined under Section 152 of the Code or expenses which are necessary to obtain medical care described under Section 213(d) of the Code for the Participant, the Participant’s Spouse or any of the
Participant’s dependents as defined under Section 152 of the Code; or 

  

	 	(ii)	purchase (excluding mortgage payments) of a principal residence of the Participant; or 

  

	 	(iii)	 payment of tuition and related educational fees for the next twelve (12) months of post-secondary education for the Participant, the Participant’s 

  

					
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Spouse, children or any of the Participant’s dependents as defined under Section 152 of the Code; or 

  

	 	(iv)	the need to prevent the eviction of the Participant from his principal residence or foreclosure on the mortgage of the Participant’s principal residence; or

  

	 	(v)	payments for funeral or burial expenses for the Participant’s deceased parent, spouse, child or dependent; or 

  

	 	(vi)	expenses to repair damage to the Participant’s principal residence that would qualify for a casualty loss deduction under Section 165 of the Code (determined without
regard to whether the loss exceeds ten percent (10%) of adjusted gross income); or 

  

	 	(vii)	any other condition which the Commissioner of Internal Revenue, through the publication of revenue rulings, notices and other documents of general applicability, deems to be an
immediate and heavy financial need. 

  

	 	(c)	Necessary to Satisfy Such Financial Need: 

  

	 	(i)	A distribution will be treated as necessary to satisfy an immediate and heavy financial need of a Participant if: (A) the amount of the distribution is not in excess of
(1) the amount required to relieve the financial need of the Participant and (2) if elected by the Participant, an amount necessary to pay any federal, state or local income taxes and penalties reasonably anticipated to result from such
distribution, and (B) such need may not be satisfied from other resources that are reasonably available to the Participant. 

  

	 	(ii)	A distribution will be treated as necessary to satisfy a financial need if the Committee reasonably relies upon the Participant’s representation that the need cannot be
relieved: 

  

	 	(A)	through reimbursement or compensation by insurance or otherwise; 

  

	 	(B)	by reasonable liquidation of the Participant’s assets, to the extent such liquidation would not itself cause an immediate and heavy financial need; 

  

	 	(C)	by cessation of Elective Contributions or Employee contributions, if any, under the Plan; or 

  

	 	(D)	by other distributions or nontaxable loans from plans maintained by the Employer or by any other employer, or by borrowing from commercial sources on reasonable commercial terms.

  

					
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 For purposes of this subsection (c)(ii), the Participant’s resources shall be deemed to include
those assets of his Spouse and minor children that are reasonably available to the Participant. 
  

	 	(iii)	Alternatively, a Hardship distribution will be deemed to be necessary to satisfy an immediate and heavy financial need of a Participant if (A) or (B) are met:

  

	 	(A)	all of the following requirements are satisfied: 

  

	 	(I)	the distribution is not in excess of (1) the amount of the immediate and heavy financial need of the Participant and (2) if elected by the Participant, an amount necessary
to pay any federal, state or local income taxes or penalties reasonably anticipated to result from such distribution; 

  

	 	(II)	the Participant has obtained all distributions, other than Hardship distributions, and all nontaxable loans currently available under all plans maintained by the Employer; or

  

	 	(B)	the requirements set forth in additional methods, if any, prescribed by the Commissioner of Internal Revenue (through the publication of revenue rulings, notices and other documents
of general applicability) are satisfied. 

 For purposes of Section 3.3 and this Section 7.3(c)(iii), a Participant
who receives a distribution of Elective Contributions on account of Hardship shall be prohibited from making Elective Contributions and Employee contributions under this Plan and all other plans of the Employer for six (6) months after receipt
of the distribution. 
  

	 	(d)	A Participant who has withdrawn the maximum amounts available to such Participant under Section 7.2 or a Participant who is not eligible for a withdrawal thereunder, may, in
case of Hardship (as defined under this Section 7.3), apply not more often than once in any Plan Year to the Committee for a Hardship distribution. Any application for a Hardship distribution shall be made in writing to the Committee at least
ten (10) days prior to the requested date of payment. Hardship distributions may be made by a distribution of all or a portion of an Employee’s (i) Net Value of his Rollover Contribution Account, (ii) Before-Tax Contributions,
(iii) vested interest in the Net Value of his Matching Contribution Account, (iv) Roth Contribution Account, if implemented, upon approval by the Employer. 

  

	 	(e)	Distributions under this Section 7.3 shall be made in the following order of priority: 

  

	 	(i)	the Net Value of the Employee’s Rollover Contribution Account; 

  

					
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 Payment of Benefits 
  

	 	(ii)	the Participant’s Before-Tax Contribution Account, exclusive of investment earnings; 

  

	 	(iii)	the vested Net Value of his Matching Contribution Account, and 

  

	 	(iv)	the Participant’s Roth Contribution Account, if implemented, upon approval by the Employer. 

  

	 	(f)	Distributions under this Section 7.3 shall be made by the redemption of Trust Fund Units from each of the Participant’s Accounts on a pro rata basis from the Investment
Funds as were selected by the Participant pursuant to Article VI. 

  

	 	(g)	A Participant who receives a Hardship distribution under this Section 7.3 may have his Elective Contributions suspended in accordance with Section 7.3(c)(iii).

  

	 	(h)	Any withdrawals under this Section 7.3 shall be subject to the restrictions of Section 6.5. 

  

	7.4	Distribution of Benefits - General 

  

	 	(a)	If an Employee incurs a Termination of Service for any reason other than death, a distribution of the vested interest in the Net Value of his Accounts shall be made to the Employee
in accordance with the provisions of Section 7.5 or 7.6 or 7.8. The amount of such distribution shall be the vested interest in the Net Value of his Accounts. With respect to Investment Funds other than the Employer Stock Fund, such Net Value
shall be determined as of the Valuation Date coincident with the date of receipt by the Trustee of the proper documentation acceptable to the Trustee for such purpose. With respect to the Employer Stock Fund, if applicable, the Net Value of a
Participant’s Accounts shall be determined on the basis of the applicable Closing Price of the shares on the date the shares are sold for his account. 

  

	 	(b)	An election by an Employee to receive the vested interest in the Net Value of his Accounts in a form other than in the normal form of benefit payment set forth in Sections 7.5(a)
and (b) and Sections 7.6(a) and (b) may not be revoked or amended by him after he terminates his employment. Notwithstanding the foregoing, an Employee who elected to receive payment of benefits as of a deferred Valuation Date may, by
completing and filing the form prescribed by the Committee, change to another form of benefit payment. 

  

	 	(c)	 An Employee who incurs a Termination of Service and is reemployed by the Employer prior to the distribution of all or part of the entire vested interest in the Net
Value of his Accounts in accordance with the provisions of Section 7.5 or 7.6, shall not be eligible to receive or to continue to receive such distribution during his period of reemployment with the Employer. Upon such Employee’s
subsequent Termination of Service, his prior election to receive a distribution in a form other than the normal form of benefit payment shall be null and void and the 

  

					
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 Payment of Benefits 
  

	 	 
vested interest in the Net Value of his Accounts shall be distributed to him in accordance with the provisions of Section 7.5 or 7.6 or 7.8.

  

	 	(d)	An Employee’s vested interest in the Net Value of his Accounts in the Employer Stock Fund shall be distributed to the Participant, in accordance with the provisions of Sections
7.5 and 7.6, by the Trustee as soon as administratively possible following the date the Employer is informed by the Trustee of the Participant’s vested interest in such Accounts in the Employer Stock Fund. The distribution shall be made in
accordance with Section 7.11 and the terms and provisions of the Trust Agreement. 

  

	7.5	Payments upon Retirement or Disability 

  

	 	(a)	If an Employee incurs a Termination of Service as of his Normal Retirement Date or his Postponed Retirement Date, or if an Employee incurs a Termination of Service as of his Early
Retirement Date or due to Disability and the Net Value of his Accounts is less than or equal to one thousand dollars ($1,000), a lump sum distribution of the Net Value of his Accounts shall be made to the Employee within seven (7) days of the
Valuation Date coincident with the date of receipt by the Trustee of the proper documentation indicating that the Employee incurred a Termination of Service as of such Retirement Date or date of Disability. 

  

	 	(b)	If an Employee incurs a Termination of Service as of his Normal Retirement Date, Postponed Retirement Date or if an Employee incurs a Termination of Service as of his Early
Retirement Date or due to Disability and the Net Value of his Accounts exceeds five thousand dollars ($5,000), a lump sum distribution of the vested interest in the Net Value of his Accounts shall be made to the Employee within seven (7) days
of the Valuation Date coincident with the later of (i) the date the Employee attained Normal Retirement Date or Postponed Retirement Date or would have attained his Normal Retirement Date if he were still employed by the Employer, or
(ii) the date of receipt by the Trustee of the proper documentation indicating such Retirement Date. 

 Notwithstanding
the preceding paragraph, if an Employee incurs a Termination of Service as of his Normal Retirement Date or Postponed Retirement Date or if an Employee incurs a Termination of Service as of his Early Retirement Date or due to Disability and the Net
Value of his Accounts exceeds one thousand dollars ($1,000) and is less than or equal to five thousand dollars ($5,000), and if the Employee does not elect to have his distribution paid directly to an Eligible Retirement Plan, as defined in
Section 7.8(c), specified by him in a Direct Rollover, as defined in Section 7.8(a), or to receive the distribution in accordance with Section 7.5(c), (d) or (e), then the Plan Administrator shall pay the distribution in a Direct
Rollover to an individual retirement plan designated by the Plan Administrator. 
  

					
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 Article VII — 
 Payment of Benefits 
  

	 	(c)	In lieu of the normal form of benefit payment set forth in subsection (b), an Employee who incurs a Termination of Service as of his Retirement Date or incurs a Termination of
Service due to Disability and the Net Value of his Accounts exceeds one thousand dollars ($1,000), may file an election form to receive the vested interest in the Net Value of his Accounts as a lump sum distribution as of some other Valuation Date
following his Termination of Service and prior to his Normal Retirement Date. The vested interest in the Net Value of his Accounts shall be distributed to such Employee as a lump sum distribution within seven (7) days of the Valuation Date
coincident with the date of receipt by the Trustee of the proper documentation indicating the Employee’s distribution date. 

  

	 	(d)	In lieu of the normal form of benefit payment set forth in subsection (b), an Employee who incurs a Termination of Service as of his Retirement Date or incurs a Termination of
Service due to Disability may elect to defer receipt of the vested interest in the Net Value of his Accounts beyond his Normal Retirement Date or Postponed Retirement Date. The applicable form must be filed at least ten (10) days prior to the
Employee’s Normal Retirement Date. If such an election is made, the vested interest in the Net Value of his Accounts shall continue to be held in the Trust Fund. Subject to the required minimum distribution provisions of Sections 7.9(b) and
7.9(c), the vested interest in the Net Value of his Accounts shall be distributed to such Employee as a lump sum distribution within seven (7) days of the Valuation Date coincident with the date of receipt by the Trustee of the proper
documentation indicating the Employee’s deferred distribution date. 

  

	 	(e)	In lieu of the normal form of benefit payment set forth in subsections (a) and (b), an Employee who incurs a Termination of Service as of his Retirement Date or incurs a
Termination of Service due to Disability may, at least ten (10) days prior to the date on which his benefit is scheduled to be paid, file an election form that a lump sum distribution equal to the vested interest in the Net Value of his
Accounts be paid in a Direct Rollover pursuant to Section 7.8. The amount of such lump sum distribution shall be determined as of the Valuation Date coincident with the date of receipt by the Trustee of the proper documentation.

  

	7.6	Payments upon Termination of Service for Reasons Other Than Retirement or Disability 

  

	 	(a)	If an Employee incurs a Termination of Service as of a date other than a Retirement Date or for reasons other than Disability, has not elected to receive his benefit pursuant to an
optional form of benefit payment in accordance with the provisions of subsection (d) and the vested interest in the Net Value of the Employee’s Accounts is equal to or less than one thousand dollars ($1,000), a lump sum distribution of the
vested interest in the Net Value of his Accounts shall be made to the Employee within seven (7) days of the Valuation Date coincident with the date of receipt by the Trustee of the proper documentation indicating that he incurred a Termination
of Service. 

  

					
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 Article VII — 
 Payment of Benefits 
  

	 	(b)	If an Employee incurs a Termination of Service as of a date other than a Retirement Date or for reasons other than Disability, has not elected to receive his benefit pursuant to an
optional form of benefit payment in accordance with the provisions of subsection (c) or (d) and the vested interest in the Net Value of the Employee’s Accounts exceeds five thousand dollars ($5,000), a lump sum distribution of the
vested interest in the Net Value of his Accounts shall be made to the Employee within seven (7) days of the Valuation Date coincident with the later of (i) the date the Employee would have attained his Normal Retirement Date if he were
still employed by the Employer or (ii) the date of receipt by the Trustee of the proper documentation indicating the Employee’s attainment of Normal Retirement Date. 

 Notwithstanding the preceding paragraph, if an Employee incurs a Termination of Service as of a date other than a Retirement Date or for reasons other
than Disability, and the vested interest in the Net Value of the Employee’s Accounts exceeds one thousand dollars ($1,000) and is equal to or less than five thousand dollars ($5,000), and if the Employee does not elect to have his distribution
paid directly to an Eligible Retirement Plan, as defined in Section 7.8(c), specified by him in a Direct Rollover, as defined in Section 7.8(a), or to receive the distribution in accordance with Section 7.6(c) or (d) then the
Plan Administrator shall pay the distribution in a Direct Rollover to an individual retirement plan designated by the Plan Administrator. 
  

	 	(c)	In lieu of the normal form of benefit payment set forth in subsection (b), an Employee who incurs a Termination of Service as of a date other than a Retirement Date or for reasons
other than Disability, may file an election form to receive the vested interest in the Net Value of his Accounts as a lump sum distribution as of some other Valuation Date following his Termination of Service and prior to the date he would have
attained his Normal Retirement Date. The vested interest in the Net Value of his Accounts shall be distributed to such Employee as a lump sum distribution as of some other Valuation Date following the date of receipt by the Trustee of the proper
documentation indicating the Employee’s distribution date. 

  

	 	(d)	In lieu of the normal form of benefit payment set forth in subsections (a) and (b), an Employee who incurs a Termination of Service as of a date other than his Retirement Date
or for reasons other than Disability may, at least ten (10) days prior to the date on which his benefit is scheduled to be paid, file an election form that a lump sum distribution equal to the vested interest in the Net Value of his Accounts be
paid in a Direct Rollover pursuant to Section 7.8. The amount of such lump sum distribution shall be determined as of the Valuation Date coincident with the date of receipt by the Trustee of the proper documentation. 

 

	 	(e)	 If an Employee incurs a Termination of Service as of a date other than a Retirement Date or for reasons other than Disability and has not elected to receive the
vested interest in the Net Value of his Accounts pursuant to an optional form 

  

					
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 Payment of Benefits 
  

	 	 
of benefit payment in accordance with subsection (c) or (d), the Employer shall notify the Trustee of such termination. 

  

	7.7	Payments Upon Death 

  

	 	(a)	In the case of a married Participant, the Spouse shall be the designated Beneficiary. Notwithstanding the foregoing, such Participant may effectively elect to designate a person or
persons other than the Spouse as Beneficiary. Such an election shall not be effective unless (i) such Participant’s Spouse irrevocably consents to such election in writing, (ii) such election designates a Beneficiary which may not be
changed without spousal consent or the consent of the Spouse expressly permits designation by the Participant without any requirement of further consent by the Spouse, (iii) the Spouse’s consent acknowledges understanding of the effect of
such election and (iv) the consent is witnessed by a Plan representative or acknowledged before a notary public. Notwithstanding this consent requirement, if the Participant establishes to the satisfaction of the Plan representative that such
written consent cannot be obtained because there is no Spouse or the Spouse cannot be located, the consent hereunder shall not be required. Any consent necessary under this provision shall be valid only with respect to the Spouse who signs the
consent. 

  

	 	(b)	In the case of a single Participant, Beneficiary means a person or persons who have been designated under the Plan by such Participant or who are otherwise entitled to a benefit
under the Plan. 

  

	 	(c)	The designation of a Beneficiary who is other than a Participant’s Spouse and the designation of any contingent Beneficiary shall be made in writing by the Participant in the
form and manner prescribed by the Committee and shall not be effective unless filed prior to the death of such person. If more than one person is designated as a Beneficiary or a contingent Beneficiary, each designated Beneficiary in such
Beneficiary classification shall have an equal share unless the Participant directs otherwise. For purposes of this Section 7.7, “person” includes an individual, a trust, an estate, or any other person or entity designated as a
Beneficiary. 

  

	 	(d)	A married Participant who has designated a person or persons other than the Spouse as Beneficiary may, without the consent of such Spouse, revoke such prior election by submitting
written notification of such revocation. Such revocation shall result in the reinstatement of the Spouse as the designated Beneficiary unless the Participant effectively designates another person as Beneficiary in accordance with the provisions of
subsection (a). The number of election forms and revocations shall not be limited. 

  

	 	(e)	 Upon the death of a Participant the remaining vested interest in the Net Value of his Accounts shall become payable, in accordance with the provisions of subsection
(g), to his Beneficiary or contingent Beneficiary. If there is no such 

  

					
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Beneficiary, the remaining vested interest in the Net Value of his Accounts shall be payable to the executor or administrator of his estate, or, if no such
executor or administrator is appointed and qualifies within a time which the Committee shall, in its sole and absolute discretion, deem to be reasonable, then to such one or more of the descendants and blood relatives of such deceased Participant as
the Committee, in its sole and absolute discretion, may select. 
  

	 	(f)	If a designated Beneficiary entitled to payments hereunder shall die after the death of the Participant but before the entire vested interest in the Net Value of Accounts of such
Participant has been distributed, then the remaining vested interest in the Net Value of Accounts of such Participant shall be paid, in accordance with the provisions of subsection (g), to the surviving Beneficiary who is not a contingent
Beneficiary, or, if there are no such surviving Beneficiaries then living, to the designated contingent Beneficiaries as shall be living at the time such payment is to be made. If there is no designated contingent Beneficiary then living, the
remaining interest in the Net Value of his Accounts shall be paid to the executor or administrator of the estate of the last to die of the Beneficiaries who are not contingent Beneficiaries. 

  

	 	(g)	If a Participant dies before his entire vested interest in the Net Value of his Accounts has been distributed to him, the remainder of such vested interest shall be paid to his
Beneficiary or, if applicable, his contingent Beneficiary, in a lump sum distribution as soon as practicable following the date of the Participant’s death. Notwithstanding the foregoing, if, prior to the Participant’s death, the
Participant had elected to receive a deferred lump sum distribution and had not yet received such distribution, such Beneficiary shall receive a lump sum distribution as of the earlier of: (i) the Valuation Date set forth in the
Participant’s election or (ii) the last Valuation Date which occurs within one (1) year of the Participant’s death. 

 If the Beneficiary is the Participant’s Spouse and if benefits are payable to such Beneficiary as an immediate or deferred lump sum distribution, such Spouse may defer the distribution up to the date on which the
Participant would have attained age seventy and one-half (70-1/2). If such Spouse dies prior to such distribution, the prior sentence shall be applied as if the Spouse were the Participant. 
  

	 	(h)	Notwithstanding anything in the Plan to the contrary, the provisions of subsections (a) through (g) shall also apply to a person who is not a Participant but who has made
a contribution to and maintains a Rollover Contribution Account under the Plan. 

  

	7.8	Direct Rollover of Eligible Rollover Distributions 

 For purposes of this Section 7.8, the following definitions shall apply: 
  

					
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	 	(a)	“Direct Rollover” means a payment by the Plan to the Eligible Retirement Plan specified by the Distributee. 

  

	 	(b)	“Distributee” means an Employee or former Employee. In addition, the Employee’s or former Employee’s surviving spouse and the Employee’s or former
Employee’s Spouse or former spouse who is the alternate payee under a qualified domestic relations order, as defined in Section 414(p) of the Code, are Distributees with regard to the interest of the Spouse or former spouse.

  

	 	(c)	“Eligible Retirement Plan” means (i) an individual retirement account described in Section 408(a) of the Code, (ii) an individual retirement annuity
described in Section 408(b) of the Code, (iii) an annuity plan described in Section 403(a) of the Code, (iv) a qualified trust described in Section 401(a) of the Code, (v) an annuity contract described in
Section 403(b) of the Code, and (vi) an eligible plan under Section 457(b) of the Code which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state
and which agrees to separately account for amounts transferred into such plan from this Plan, that accepts the Distributee’s Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an
Eligible Retirement Plan is an individual retirement account or individual retirement annuity. The definition of Eligible Retirement Plan shall also apply in the case of a distribution to a surviving spouse, or to a spouse or former spouse who is
the alternate payee under a qualified domestic relations order, as defined in Section 414(p) of the Code. 

 Notwithstanding the foregoing, if any portion of an Eligible Rollover Distribution is attributable to payments or distributions from an Employee’s Roth Contribution Account[, if implemented, upon approval by the Employer, Eligible
Retirement Plan, with respect to such portion, means only (i) another designated Roth Code Section 401(k) or Code Section 403(b) account and (ii) a Roth IRA. 
  

	 	(d)	“Eligible Rollover Distribution” means any distribution of all or any portion of the balance to the credit of the Distributee, except that an Eligible Rollover
Distribution does not include: any distribution that is one of a series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the Distributee or the joint lives (or joint life
expectancies) of the Distributee and the Distributee’s designated Beneficiary, or for a specified period of ten (10) years or more; any distribution to the extent such distribution is required under Section 401(a)(9) of the Code; the
portion of any distribution that is not includible in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities); and any Hardship distribution described in
Section 401(k)(2)(B)(i)(IV) of the Code. For purposes of this Section 7.8(d), any amount that is distributed on account of Hardship shall not be an Eligible Rollover Distribution and the Distributee may not elect to have any portion of
such a distribution paid directly to an Eligible Retirement Plan. 

  

					
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 Payment of Benefits 
  

 Notwithstanding any provision of the Plan to the contrary that would otherwise limit a
Distributee’s election under this Section 7.8, a Distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an Eligible Rollover Distribution paid directly to an Eligible Retirement
Plan specified by the Distributee in a Direct Rollover. 
  

	7.9	Commencement of Benefits 

  

	 	(a)	Unless the Employee elects otherwise in accordance with the Plan, in no event shall the payment of benefits commence later than the sixtieth (60th) day after the close of the
Plan Year in which the latest of the following events occur: (i) the attainment by the Employee of age sixty-five (65), (ii) the tenth (10th) anniversary of the year in which the Participant commenced participation in the Plan [or
Prior Plan], or (iii) the termination of the Employee’s employment with the Employer; provided, however, that if the amount of the payment required to commence on the date determined under this sentence cannot be ascertained by such date,
a payment retroactive to such date may be made no later than sixty (60) days after the earliest date on which the amount of such payment can be ascertained under the Plan. 

  

	 	(b)	Subject to Section 7.1(d), distributions to five-percent owners: 

 The vested interest in the Net Value of the Accounts of a five-percent owner (as described in Section 416(i) of the Code and determined with respect to the Plan Year ending in the calendar year in which such
individual attains age seventy and one-half (70-1/2)) must be distributed or commence to be distributed no later than the first day of April following the calendar year in which such individual attains age seventy and one-half (70-1/2). The vested
interest in the Net Value of the Accounts of an Employee who is not a five-percent owner (as described in Section 416(i) of the Code) for the Plan Year ending in the calendar year in which such person attains age seventy and one-half (70-1/2)
but who becomes a five-percent owner (as described in Section 416(i) of the Code) for a later Plan Year must be distributed or commence to be distributed no later than the first day of April following the last day of the calendar year that
includes the last day of the first Plan Year for which such individual is a five-percent owner (as described in Section 416(i) of the Code). 
  

	 	(c)	Subject to Section 7.1(d), distributions to other than five-percent owners: 

 Except as otherwise provided in the following paragraph, the vested interest in the Net Value of the Accounts of any Employee who attains age seventy and one-half (70-1/2), must be distributed or commence to be
distributed no later than the first day of April following the calendar year in which such individual attains age seventy and one-half (70-1/2). 
  

					
	750	  	51	  	Fox Chase Bank

 Article VII — 
 Payment of Benefits 
  

 Effective January 1, 1997, an Employee otherwise required to receive a distribution under the
preceding paragraph, may elect to defer distribution of the Net Value of his Accounts to the date of his termination of employment. 
 Notwithstanding the foregoing, the vested interest in the Net Value of the Accounts of (I) any Employee who becomes a Participant on or after January 1, 1997 or (II) any Employee who attains age seventy and one-half
(70-1/2) in a calendar year beginning on or after the adoption date of the amendment addressing benefit commencement, must be distributed or commence to be distributed no later than the first day of April following the calendar year in which
occurs the later of: (1) his termination of employment or (2) his attainment of age seventy and one-half (70-1/2). 
  

	7.10	Minimum Distribution Requirements 

  

	 	(a)	General Rules 

 The requirements of this
Section 7.10 will take precedence over any inconsistent provisions of the Plan. All distributions required under this Section will be determined and made in accordance with the Treasury regulations under Section 401(a)(9) of the Code.

  

	 	(b)	Time and Manner of Distribution 

  

	 	(i)	Required Beginning Date. The Participant’s entire interest will be distributed, or begin to be distributed, to the Participant no later than the Participant’s Required
Beginning Date. 

  

	 	(ii)	Death of Participant Before Distributions Begin. If the Participant dies before distributions begin, the Participant’s entire interest will be distributed, or begin to be
distributed, no later than as follows: 

  

	 	(A)	If the Participant’s surviving Spouse is the Participant’s sole Designated Beneficiary, distributions to the surviving Spouse will begin by December 31 of the
calendar year immediately following the calendar year in which the Participant died, or by December 31 of the calendar year in which the Participant would have attained age 70-1/2, if later. 

  

	 	(B)	If the Participant’s surviving Spouse is not the Participant’s sole Designated Beneficiary, distributions to the Designated Beneficiary will begin by December 31 of
the calendar year immediately following the calendar year in which the Participant died. 

  

	 	(C)	If there is no Designated Beneficiary as of September 30 of the year following the year of the Participant’s death, the Participant’s entire interest will be
distributed by December 31 of the calendar year containing the fifth (5th) anniversary of the
Participant’s death. 

  

					
	750	  	52	  	Fox Chase Bank

 Article VII — 
 Payment of Benefits 
  

	 	(D)	If the Participant’s surviving Spouse is the Participant’s sole Designated Beneficiary and the surviving Spouse dies after the Participant but before distributions to the
surviving Spouse begin, this Section 7.10(b)(ii), other than Section 7.10(b)(ii)(A), will apply as if the surviving Spouse were the Participant. 

 For purposes of this Section 7.10(b)(ii) and Section 7.10(d), unless Section 7.10(b)(ii)(D) applies, distributions are considered to begin on the Participant’s Required Beginning Date. If
Section 7.10 (b)(ii)(D) applies, distributions are considered to begin on the date distributions are required to begin to the surviving Spouse under Section 7.10(b)(ii)(A). If distributions under an annuity purchased from an insurance
company, if applicable, irrevocably commence to the Participant before the Participant’s Required Beginning Date (or to the Participant’s surviving Spouse before the date distributions are required to begin to the surviving Spouse under
Section 7.10(b)(ii)(A), the date distributions are considered to begin is the date distributions actually commence. 
  

	 	(iii)	Election to Apply 5-Year Rule to Distributions to Designated Beneficiaries. If the Participant dies before distributions begin and there is a Designated Beneficiary, distribution to
the Designated Beneficiary is not required to begin by the date specified in Section 7.10(b)(ii), but the Participant’s entire interest will be distributed to the Designated Beneficiary by December 31 of the calendar year containing
the fifth (5th) anniversary of the Participant’s death. If the Participant’s surviving Spouse is the
Participant’s sole Designated Beneficiary and the surviving Spouse dies after the Participant but before distributions to either the Participant or the surviving Spouse begin, this election will apply as if the surviving Spouse were the
Participant. 

  

	 	(iv)	Election to Allow Participants or Beneficiaries to Elect 5-Year Rule. Participants or Beneficiaries may elect on an individual basis whether the 5-year rule or the Life Expectancy
rule in Sections 7.10(b)(ii) and 7.10(d)(ii) applies to distributions after the death of a Participant who has a Designated Beneficiary. The election must be made no later than the earlier of September 30 of the calendar year in which
distribution would be required to begin under Section 7.10(b)(ii), or by September 30 of the calendar year which contains the fifth (5th) anniversary of the Participant’s (or, if applicable, surviving Spouse’s) death. If neither the Participant nor Beneficiary makes an election under this subsection, distributions will
be made in accordance with Sections 7.10(b)(ii) and 7.10(d)(ii) and, if applicable, the elections in Section 7.10(b)(iii) above. 

  

	 	(v)	 Forms of Distribution. Unless the Participant’s interest is distributed in the form of an annuity purchased from an insurance company or in a single sum on or
before the Required Beginning Date, as of the first Distribution 

  

					
	750	  	53	  	Fox Chase Bank

 Article VII — 
 Payment of Benefits 
  

 
Calendar Year distributions will be made in accordance with Sections 7.10(c) and (d). If the Participant’s interest is distributed in the form of an
annuity purchased from an insurance company, distributions thereunder will be made in accordance with the requirements of Section 401(a)(9) of the Code and the Treasury regulations. 
  

	 	(c)	Required Minimum Distributions During Participant’s Lifetime 

  

	 	(i)	Amount of Required Minimum Distribution For Each Distribution Calendar Year. During the Participant’s lifetime, the minimum amount that will be distributed for each
Distribution Calendar Year is the lesser of: 

  

	 	(A)	the quotient obtained by dividing the Participant’s Accounts by the distribution period in the Uniform Lifetime Table set forth in Section 1.401(a)(9)-9 of the Treasury
regulations, using the Participant’s age as of the Participant’s birthday in the Distribution Calendar Year; or 

  

	 	(B)	if the Participant’s sole Designated Beneficiary for the Distribution Calendar Year is the Participant’s Spouse, the quotient obtained by dividing the Participant’s
Accounts by the number in the Joint and Last Survivor Table set forth in Section 1.401(a)(9)-9 of the Treasury regulations, using the Participant’s and Spouse’s attained ages as of the Participant’s and Spouse’s birthdays in
the Distribution Calendar Year. 

  

	 	(ii)	Lifetime Required Minimum Distributions Continue Through Year of Participant’s Death. Required minimum distributions will be determined under this Section 7.10(c)
beginning with the first Distribution Calendar Year and up to and including the Distribution Calendar Year that includes the Participant’s date of death. 

  

	 	(d)	Required Minimum Distributions After Participant’s Death 

  

	 	(i)	Death On or After Date Distributions Begin: 

  

	 	(A)	Participant Survived by Designated Beneficiary. If the Participant dies on or after the date distributions begin and there is a Designated Beneficiary, the minimum amount that will
be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s Accounts by the longer of the remaining Life Expectancy of the Participant or the remaining
Life Expectancy of the Participant’s Designated Beneficiary, determined as follows: 

  

	 	(I)	The Participant’s remaining Life Expectancy is calculated using the age of the Participant in the year of death, reduced by one for each subsequent year.

  

					
	750	  	54	  	Fox Chase Bank

 Article VII — 
 Payment of Benefits 
  

	 	(II)	If the Participant’s surviving Spouse is the Participant’s sole Designated Beneficiary, the remaining Life Expectancy of the surviving Spouse is calculated for each
Distribution Calendar Year after the year of the Participant’s death using the surviving Spouse’s age as of the Spouse’s birthday in that year. For Distribution Calendar Years after the year of the surviving Spouse’s death, the
remaining Life Expectancy of the surviving Spouse is calculated using the age of the surviving Spouse as of the Spouse’s birthday in the calendar year of the Spouse’s death, reduced by one for each subsequent calendar year.

  
  

	 	(III)	If the Participant’s surviving Spouse is not the Participant’s sole Designated Beneficiary, the Designated Beneficiary’s remaining Life Expectancy is calculated using
the age of the Beneficiary in the year following the year of the Participant’s death, reduced by one for each subsequent year. 

  

	 	(B)	No Designated Beneficiary. If the Participant dies on or after the date distributions begin and there is no Designated Beneficiary as of September 30 of the year after the year
of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s Accounts by the
Participant’s remaining Life Expectancy calculated using the age of the Participant in the year of death, reduced by one for each subsequent year. 

  

	 	(ii)	Death Before Date Distributions Begin: 

  

	 	(A)	Participant Survived by Designated Beneficiary. If the Participant dies before the date distributions begin and there is a Designated Beneficiary, the minimum amount that will be
distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s Accounts by the remaining Life Expectancy of the Participant’s Designated Beneficiary,
determined as provided in Section 7.10(d)(i). 

  

	 	(B)	No Designated Beneficiary. If the Participant dies before the date distributions begin and there is no Designated Beneficiary as of September 30 of the year following the year
of the Participant’s death, distribution of the Participant’s entire interest will be completed by December 31 of the calendar year containing the fifth (5th) anniversary of the Participant’s death. 

  

					
	750	  	55	  	Fox Chase Bank

 Article VII — 
 Payment of Benefits 
  

	 	(C)	Death of Surviving Spouse Before Distributions to Surviving Spouse Are Required to Begin. If the Participant dies before the date distributions begin, the Participant’s
surviving Spouse is the Participant’s sole Designated Beneficiary, and the surviving Spouse dies before distributions are required to begin to the surviving Spouse under Section 7.10(b)(ii)(A), this Section 7.10(d)(ii) will apply as
if the surviving Spouse were the Participant. 

  

	 	(e)	Definitions 

 For purposes of this
Section 7.10, the following words and phrases shall have the meanings hereafter ascribed to them: 
  

	 	(i)	Designated Beneficiary. The individual who is designated as the Beneficiary under Section 1.10 of the Plan and is the Designated Beneficiary under Section 401(a)(9) of the
Code and Section 1.401(a)(9)-1, Q&A-4, of the Treasury regulations. 

  

	 	(ii)	Distribution Calendar Year. A calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death, the first Distribution
Calendar Year is the calendar year immediately preceding the calendar year which contains the Participant’s Required Beginning Date. For distributions beginning after the Participant’s death, the first Distribution Calendar Year is the
calendar year in which distributions are required to begin under Section 7.10(b)(ii). The required minimum distribution for the Participant’s first Distribution Calendar Year will be made on or before the Participant’s Required
Beginning Date. The required minimum distribution for other Distribution Calendar Years, including the required minimum distribution for the Distribution Calendar Year in which the Participant’s Required Beginning Date occurs, will be made on
or before December 31 of that Distribution Calendar Year. 

  

	 	(iii)	Life Expectancy. Life Expectancy as calculated by use of the Single Life Table in Section 1.401(a)(9)-9 of the Treasury regulations. 

  

	 	(iv)	Participant’s Accounts. The Accounts of the last Valuation Date in the calendar year immediately preceding the Distribution Calendar Year (valuation calendar year) increased by
the amount of any contributions made and allocated or Forfeitures allocated to the Accounts as of dates in the valuation calendar year after the Valuation Date and decreased by distributions made in the valuation calendar year after the Valuation
Date. The Accounts for the valuation calendar year includes any amounts rolled over or transferred to the Plan either in the valuation calendar year or in the Distribution Calendar Year if distributed or transferred in the valuation calendar year.

  

					
	750	  	56	  	Fox Chase Bank

 Article VII — 
 Payment of Benefits 
  

	 	(v)	Required Beginning Date. The date specified in Section 7.9(b) or (c), whichever is applicable. 

  

	7.11	Manner of Payment of Distributions from the Employer Stock Fund 

 Distributions from the Employer Stock Fund, if applicable, shall be made to Participants and Beneficiaries in cash, subject to such terms and conditions as may be established from time to time by the Committee.
Notwithstanding the foregoing and except for withdrawals under Sections 7.2 and 7.3 and loans under Article VIII, the Participant or Beneficiary may elect that such distributions be made wholly or partially in shares. If the Participant or
Beneficiary elects that such distributions may be made wholly or partially in shares, the maximum number of shares to be distributed shall be equal to the number of whole shares that could be purchased on the date of distribution based on the fair
market value of shares determined as of the date of payment and on the fair market value of the Participant’s Trust Fund Units in the Employer Stock Fund on the valuation date preceding the distribution. An amount of money equal to any
remaining amount of the payment that is less than the fair market value of a whole share shall be distributed in cash. For purposes of this Section 7.11, the fair market value of a share shall be determined on a uniform and nondiscriminatory
basis in such manner as the Trustee may, in its discretion, prescribe. 
  

					
	750	  	57	  	Fox Chase Bank

 Article VIII — 
 Loans to Participants 
  

 ARTICLE VIII — 
 LOANS TO PARTICIPANTS 
  

	8.1	Definitions and Conditions 

  

	 	(a)	For purposes of this Article VIII, the following terms and phrases shall have the meanings hereafter ascribed to them: 

  

	 	(i)	“Borrower” means a Participant or a “Party in Interest” (as defined under Section 3(14) of ERISA) who maintains an Account, provided such Participant or
Party in Interest is not receiving a benefit payment in accordance with the provisions of Section 7.7. 

  

	 	(ii)	“Loan Account” means the separate, individual account established on behalf of a Borrower in accordance with the provisions of Section 8.4(d).

  

	 	(iii)	“Loan Policy” means the separate loan policy, as amended from time to time, governing loans. 

  

	 	(b)	To the extent permitted under the provisions of this Article VIII and subject to the terms and conditions set forth herein, a Borrower may request a loan from his Accounts. Any
loans made in accordance with this Article VIII shall not be subject to the provisions of Article VI. 

  

	8.2	Loan Amount 

 Upon a finding by the Committee that
all requirements hereunder have been met, a Borrower may request a loan from his Accounts in an amount up to the lesser of: (a) fifty percent (50%) of the Net Value as of the close of business on the date the loan is processed of the
Before-Tax Contribution Account, Roth Contribution Account, if implemented, upon approval by the Employer, vested Matching Contribution Account, and Rollover Contribution Account, or (b) fifty thousand dollars ($50,000), reduced by the highest
outstanding loan balance during the preceding twelve (12) months. The minimum loan permitted shall be an amount as determined in accordance with the guidelines of the Loan Policy described under Section 8.1(a)(iii). 
  

	8.3	Term of Loan 

 The term of a loan and rate of
interest on a loan shall each be determined in accordance with the guidelines of the Loan Policy described under Section 8.1(a)(iii). 
  

	8.4	Operational Provisions 

  

	 	(a)	 An application for a loan shall be filed in the form and manner (including electronically) prescribed by the Committee and shall be subject to the fees set forth in
the Loan Policy described under Section 8.1(a)(iii). If the Committee 

  

					
	750	  	58	  	Fox Chase Bank

 Article VIII — 
 Loans to Participants 
  

	 	 
shall approve such application, the Committee shall establish the amount of such loan and such loan shall be effected as of the Valuation Date next following
receipt by the Trustee. 

 Notwithstanding the foregoing, the amount of any loan from the portion of a Participant’s
Account invested in the Employer Stock Fund shall be the proceeds of the shares sold from the Participant’s Account for such purpose. 
  

	 	(b)	The amount of the loan shall be distributed from the Investment Funds in which the Borrower’s Accounts are invested in the following order of priority:

  

	 	(i)	Rollover Contribution Account; 

  

	 	(ii)	Before-Tax Contribution Account; 

  

	 	(iii)	vested Matching Contribution Account; and 

  

	 	(iv)	Roth Contribution Account, if implemented, upon approval by the Employer. 

 Distributions from each of the foregoing Accounts shall be made on a pro rata basis from among the Investment Funds selected pursuant to Section 6.1. 
  

	 	(c)	The proceeds of a loan shall be distributed to the Borrower as soon as practicable after the Valuation Date as of which the loan is processed; provided, however, that the Borrower
shall have satisfied such reasonable conditions as the Committee shall deem necessary, including, without limitation: (i) the delivery of an executed promissory note for the amount of the loan, including interest, payable to the order of the
Trustee; (ii) an assignment to the Plan of such Borrower’s interest in his Accounts to the extent of such loan; and (iii) if the Borrower is actively employed by the Employer, an authorization to the Employer to make payroll
deductions in order to repay his loan to the Plan. The aforementioned promissory note shall be duly acknowledged and executed by the Borrower and shall be held by the Trustee, or the Committee as agent for the Trustee, as an asset of the
Borrower’s Loan Account pursuant to subsection (d). 

  

	 	(d)	A Loan Account shall be established for each Borrower with an outstanding loan pursuant to this Article VIII. Each Loan Account shall be comprised of a Borrower’s
(i) executed promissory note and (ii) installment payments of principal and interest made pursuant to Section 8.5(a). Upon full payment and satisfaction of the outstanding Loan Account balance, a Borrower’s promissory note shall
be marked paid in full, returned to the Borrower, and his Loan Account thereupon closed. 

  

	 	(e)	 As of each Valuation Date coincident with or next succeeding each payment of principal and interest on a loan, the then current balance of each Borrower’s Loan
Account shall be debited by the amount of such payment and such amount shall 

  

					
	750	  	59	  	Fox Chase Bank

 Article VIII — 
 Loans to Participants 
  

	 	 
be transferred for investment in accordance with Section 8.5(c) to the appropriate Borrower’s Account. If the Committee established a lien against
the Borrower’s Accounts pursuant to Section 8.6(b), and foreclosure of such lien is deferred until the Borrower’s Termination of Service pursuant to Section 8.6(b)(i), for each month that foreclosure of the lien is deferred, the
then current balance of the Borrower’s Loan Account shall be charged with interest on the unpaid principal and interest thereon. 

  

	 	(f)	The maximum number of outstanding loans permitted to any Borrower under this Article VIII at any time shall be determined in accordance with the guidelines of the Loan Policy
described under Section 8.1(a)(iii). 

  

	 	(g)	Any loans under this Article VIII shall be subject to the restrictions of Section 6.5. 

  

	8.5	Repayments 

  

	 	(a)	If the Borrower is on the payroll of the Employer and unless otherwise agreed to by the Committee, repayments of loan principal, or the unpaid balance thereof, and interest thereon
shall be made through payroll deductions. The first repayment shall be deducted as of the first payroll date occurring no later than three (3) weeks after the Committee submits the loan form for processing. 

 If the Borrower is not on the payroll of the Employer and unless otherwise agreed to by the Committee, repayments of loan principal, or the unpaid
balance thereof, and interest thereon, shall be made in accordance with the guidelines of the Loan Policy described under Section 8.1(a)(iii). 
  

	 	(b)	Any amount repaid to the Plan by a Borrower with respect to a loan, including interest thereon, shall be invested as if such amount were a contribution to be invested in accordance
with Section 6.1. 

  

	 	(c)	With respect to each Borrower’s Loan Account, any repayment of principal and interest made by a Borrower shall be credited, as of the Valuation Date coincident with or next
succeeding such payment, to the Borrower’s Accounts in the order of priority established under Section 8.4(b). No Account having a lesser degree of priority shall be credited until the Account having the immediately preceding degree of
priority has been restored by an amount equal to that which had been borrowed from such Account. 

  

	 	(d)	A Borrower may prepay his entire loan, plus all interest accrued and unpaid thereon, as of any Valuation Date. A Borrower will not be permitted to make partial prepayments to his or
her Loan Accounts. 

  

	 	(e)	In the event the Plan is terminated, the entire unpaid principal amount of the loan hereunder, together with any accrued and unpaid interest thereon, shall become immediately due
and payable. 

  

					
	750	  	60	  	Fox Chase Bank

 Article VIII — 
 Loans to Participants 
  

	8.6	Default 

  

	 	(a)	If a Borrower fails to make any payment on any loan when due under this Article VIII, the entire unpaid principal amount of such loan, together with any accrued and unpaid interest
thereon, shall be deemed in default and become due and payable ninety (90) days after the initial date of payment delinquency. 

  

	 	(b)	If a Borrower fails to make any payment on a loan and is deemed to be in default pursuant to subsection (a), the Committee shall establish a lien against the Borrower’s
Accounts in an amount equal to any unpaid principal and interest. The lien shall be foreclosed by applying the value of the Borrower’s Loan Account (determined as of the next Valuation Date immediately following foreclosure) in satisfaction of
said unpaid principal and interest as follows: 

  

	 	(i)	if the Borrower is in the employment of the Employer, upon the Borrower’s Termination of Service; or 

  

	 	(ii)	if the Borrower is not in the employment of the Employer, in accordance with the guidelines of the Loan Policy described under Section 8.1(a)(iii). 

 Thereupon, the vested interest in the balance of the Borrower’s Accounts shall be distributed in accordance with the applicable provisions of the
Plan. 
  

	 	(c)	The Committee may, in accordance with uniform rules established by it, restrict the right of any Borrower who has defaulted on a loan from the Plan to: (i) make withdrawals
and/or loans from his Matching Contribution Account, Before-Tax Contribution Account, and/or Roth Contribution Account, if implemented, upon approval by the Employer and/or Rollover Contribution Account or (ii) if the Borrower is an Eligible
Employee, authorize Elective Contributions to be made on his behalf or make any other contributions to the Plan for a period not exceeding twelve (12) months. 

  

	8.7	Coordination of Outstanding Account and Payment of Benefits 

  

	 	(a)	 If the Borrower has an outstanding Loan Account and is either (i) scheduled to receive or elects to receive a lump sum distribution in accordance with the
provisions of Article VII, or (ii) scheduled to receive the last installment payment under a previous election made in accordance with the provisions of Article VII to receive payments in a form other than the normal form of benefit payments,
then, at the time of the distribution or payment under clause (i) or (ii) above, the entire unpaid principal amount of the loan together with any accrued and unpaid interest thereon, shall become immediately due and payable. No Plan
distribution, except as permitted under Section 7.2 or Section 7.3, shall be made to any Borrower unless and until such Borrower’s Loan Account, including accrued interest thereunder, has been liquidated and closed. If a Borrower
fails to pay the 

   

					
	750	  	61	  	Fox Chase Bank

  Article VIII — 
 Loans to Participants 
   

	 	 
outstanding balance of his Loan Account hereunder, such loan shall be satisfied as if a default had occurred pursuant to Section 8.6.

   

	 	(b)	Any reference in the Plan to the Net Value of a Borrower’s Accounts available for distribution to any Borrower, shall mean the value after the satisfaction of the entire unpaid
principal loan amount or amounts and any accrued, unpaid interest thereon, as provided in this Article VIII. 

  

					
	750	  	62	  	Fox Chase Bank

 Article IX — 
 Administration 
  

 ARTICLE IX — 
 ADMINISTRATION 
  

	9.1	General Administration of the Plan 

 The operation
and administration of the Plan shall be subject to the management and control of the Named Fiduciaries and Plan Administrator designated by the Sponsoring Employer. The designation of such Named Fiduciaries and Plan Administrator, the terms of their
appointment, and their duties and responsibilities allocated among them shall be as set forth in this Article IX. Any actions taken hereunder shall be conclusive and binding on Participants, Retired Participants, Employees, Beneficiaries and other
persons, and shall not be overturned unless found to be arbitrary and capricious by a court of competent jurisdiction. 
  

	9.2	Designation of Named Fiduciaries 

 The management
and control of the operation and administration of the Plan by Named Fiduciaries shall be allocated in the following manner: 
  

	 	(a)	The Trustee as a Named Fiduciary, shall perform those functions set forth in the Trust Agreement or the Plan that are assigned to the Trustee. 

  

	 	(b)	The Sponsoring Employer shall designate one or more individuals to serve as member(s) of an employee benefits Committee to perform those functions set forth in the Trust Agreement
or the Plan that are assigned to such Committee. 

  

	9.3	Responsibilities of Fiduciaries 

 The Named
Fiduciaries and Plan Administrator shall have only those powers, duties, responsibilities and obligations that are specifically allocated to them under the Plan or the Trust Agreement. 
 To the extent permitted by ERISA, each Named Fiduciary and Plan Administrator may rely upon any direction, information or action of another Named
Fiduciary, Plan Administrator or the Sponsoring Employer as being proper under the Plan or the Trust Agreement and is not required to inquire into the propriety of any such direction, information or action and no Named Fiduciary or Plan
Administrator shall be responsible for any act or failure to act of another Named Fiduciary, Plan Administrator or the Sponsoring Employer. 
 No Named Fiduciary, Plan Administrator or the Employer guarantees the Trust Fund in any manner against investment loss or depreciation in asset value. 
 The allocation of responsibility between the Trustee and the Sponsoring Employer may be changed by written agreement. Such reallocation shall be evidenced by Employer Resolutions and shall not be deemed an amendment
to the Plan. 
  

					
	750	  	63	  	Fox Chase Bank

 Article IX — 
 Administration 
  

	9.4	Plan Administrator 

 The Sponsoring Employer shall
designate the Sponsoring Employer, or one or more persons to act as Plan Administrator. 
 The Plan Administrator shall have the power and
responsibility to: (a) furnish summary plan descriptions, annual reports and other notifications and disclosure statements to Participants and Beneficiaries; (b) maintain records and addresses of Participants and Beneficiaries;
(c) designate any independent qualified accountant required to act with respect to the Plan under ERISA; and (d) provide notification of determinations under the claim procedure of the Plan. 
 Any person or persons designated as Plan Administrator shall serve until their successor or successors are designated and qualified. A Plan Administrator
may resign upon written notice to the Sponsoring Employer or may be removed as Plan Administrator but only for a failure or inability, in the opinion of the Sponsoring Employer, of the Plan Administrator to carry out his responsibilities in an
effective manner. Termination of employment with the Employer shall terminate designation as Plan Administrator. 
 The Plan Administrator is
designated as the Plan’s agent for the service of legal process. 
  

	9.5	Committee 

 The members of the Committee designated
by the Sponsoring Employer under Section 9.2(b) shall serve for such term(s) as the Sponsoring Employer shall determine and until their successors are designated and qualified. The term of any member of the Committee may be renewed from time to
time without limitation as to the number of renewals. Any member of the Committee may (a) resign upon at least sixty (60) days written notice to the Sponsoring Employer or (b) be removed from office but only for his failure or
inability, in the opinion of the Sponsoring Employer, to carry out his responsibilities in an effective manner. Termination of employment with the Employer shall be deemed to give rise to such failure or inability. 
 The powers and duties allocated to the Committee shall be vested jointly and severally in its members. Notwithstanding specific instructions to the
contrary, any instrument or document signed on behalf of the Committee by any member of the Committee may be accepted and relied upon by the Trustee as the act of the Committee. The Trustee shall not be required to inquire into the propriety of any
such action taken by the Committee nor shall they be held liable for any actions taken by them in reliance thereon. 
 The Sponsoring Employer
may, pursuant to Employer Resolutions, change the number of individuals comprising the Committee, their terms of office or other conditions of their incumbency provided that there shall be at all times at least one individual member of the
Committee. Any such change shall not be deemed an amendment to the Plan. 
  

					
	750	  	64	  	Fox Chase Bank

 Article IX — 
 Administration 
  

	9.6	Powers and Duties of the Committee 

 The Committee
shall have authority to perform all acts it may deem necessary or appropriate in order to exercise the duties and powers imposed or granted by ERISA, the Plan, the Trust Agreement or any Employer Resolutions. Such duties and powers shall include,
but not be limited to, the following: 
  

	 	(a)	Power to Construe - Except as otherwise provided in the Trust Agreement, the Committee shall have the power to construe the provisions of the Plan and to determine any
questions which may arise thereunder. 

  

	 	(b)	Power to Make Rules and Regulations - The Committee shall have the power to make such reasonable rules and regulations as it may deem necessary or appropriate to perform its
duties and exercise its powers. Such rules and regulations shall include, but not be limited to, those governing (i) the manner in which the Committee shall act and manage its own affairs, (ii) the procedures to be followed in order for
Employees or Beneficiaries to claim benefits, and (iii) the procedures to be followed by Participants, Beneficiaries or other persons entitled to benefits with respect to notifications, elections, designations or other actions required by the
Plan or ERISA. All such rules and regulations shall be applied in a uniform and nondiscriminatory manner. 

  

	 	(c)	Powers and Duties with Respect to Information - The Committee shall have the power and responsibility: 

  

	 	(i)	to obtain such information as shall be necessary for the proper discharge of its duties; 

  

	 	(ii)	to furnish to the Employer, upon request, such reports as are reasonable and appropriate; 

  

	 	(iii)	to receive, review and retain periodic reports of the financial condition of the Trust Fund; and 

  

	 	(iv)	to receive, collect and transmit to the Trustee all information required by the Trustee in the administration of the Accounts of the Employee as contemplated in Section 9.7.

  

	 	(d)	Power of Delegation - The Committee shall have the power to delegate fiduciary responsibilities (other than trustee responsibilities defined under Section 405(c)(3) of
ERISA) to one or more persons who are not members of the Committee. Unless otherwise expressly indicated by the Sponsoring Employer, the Committee must reserve the right to terminate such delegation upon reasonable notice. 

 

	 	(e)	 Power of Allocation - Subject to the written approval of the Sponsoring Employer, the Committee shall have the power to allocate among its members specified
fiduciary responsibilities (other than trustee responsibilities defined 

  

					
	750	  	65	  	Fox Chase Bank

 Article IX — 
 Administration 
  

	 	 
under Section 405(c)(3) of ERISA). Any such allocation shall be in writing and shall specify the persons to whom such allocation is made and the terms
and conditions thereof. 

  

	 	(f)	Duty to Report - Any member of the Committee to whom specified fiduciary responsibilities have been allocated under subsection (e) shall report to the Committee at least
annually. The Committee shall report to the Sponsoring Employer at least annually regarding the performance of its responsibilities as well as the performance of any persons to whom any powers and responsibilities have been further delegated.

  

	 	(g)	Power to Employ Advisors and Retain Services - The Committee may employ such legal counsel, enrolled actuaries, accountants, pension specialists, clerical help and other
persons as it may deem necessary or desirable in order to fulfill its responsibilities under the Plan. 

  

	9.7	Certification of Information 

 The Committee shall
certify to the Trustee on such periodic or other basis as may be agreed upon, relevant facts regarding the establishment of the Accounts of an Employee, periodic contributions with respect to such Accounts, investment elections and modifications
thereof and withdrawals and distributions therefrom. The Trustee shall be fully protected in maintaining individual Account records and in administering the Accounts of the Employee on the basis of such certifications and shall have no duty of
inquiry or otherwise with respect to any transactions or communications between the Committee and Employees relating to the information contained in such certifications. 
  

	9.8	Authorization of Benefit Payments 

 The Committee
shall forward to the Trustee any application for payment of benefits within a reasonable time after it has approved such application. The Trustee may rely on any such information set forth in the approved application for the payment of benefits to
the Participant, Beneficiary or any other person entitled to benefits. 
  

	9.9	Payment of Benefits to Legal Custodian 

 Whenever, in the Committee’s opinion, a person entitled to receive any benefit payment is a minor or deemed to be physically, mentally or legally incompetent to receive such benefit, the Committee may direct the Trustee to make payment
for his benefit to such individual or institution having legal custody of such person or to his legal representative. Any benefit payment made in accordance with the provisions of this Section 9.9 shall operate as a valid and complete discharge
of any liability for payment of such benefit under the provisions of the Plan. 
  

					
	750	  	66	  	Fox Chase Bank

 Article IX — 
 Administration 
  

	9.10	Service in More Than One Fiduciary Capacity 

 Any
person or group of persons may serve in more than one fiduciary capacity with respect to the Plan, regardless of whether any such person is an officer, employee, agent or other representative of a party in interest. 
  

	9.11	Payment of Expenses 

 The Employer will pay the
ordinary administrative expenses of the Plan and compensation of the Trustee. 
 The Employer may charge Employees all or part of the
reasonable expenses associated with withdrawals and other distributions. 
  

					
	750	  	67	  	Fox Chase Bank

 Article X — 
 Benefit Claims Procedure 
  

 ARTICLE X — 
 BENEFIT CLAIMS PROCEDURE 
  

	10.1	Definition 

 For purposes of this Article X,
“Claimant” shall mean any Participant, Beneficiary or any other person entitled to benefits under the Plan or his duly authorized representative. 
  

	10.2	Claims 

 A Claimant may file a written claim for a
Plan benefit with the Plan Administrator on the appropriate form to be supplied by the Plan Administrator. The Plan Administrator shall, in its sole and absolute discretion, review the Claimant’s application for benefits and determine the
disposition of such claim. 
  

	10.3	Disposition of Claim 

 The Plan Administrator shall
notify the Claimant as to the disposition of the claim for benefits under this Plan within ninety (90) days after the appropriate form has been filed unless special circumstances require an extension of time for processing. If such an extension
of time is required, the Plan Administrator shall furnish written notice of the extension to the Claimant prior to the termination of the initial ninety (90) day period. The extension notice shall indicate the special circumstances requiring
the extension of time and the date the Plan Administrator expects to render a decision. In no event shall such extension exceed a period of one hundred-eighty (180) days from the receipt of the claim. 
  

	10.4	Denial of Claim 

 If a claim for benefits under this
Plan is denied in whole or in part by the Plan Administrator, a written or electronic notice prepared in a manner calculated to be understood by the Claimant shall be provided by the Plan Administrator to the Claimant and such notice shall include
the following: 
  

	 	(a)	a statement that the claim for the benefits under this Plan has been denied; 

  

	 	(b)	the specific reasons for the denial of the claim for benefits, citing the specific provisions of the Plan which set forth the reason or reasons for the denial;

  

	 	(c)	a description of any additional material or information necessary for the Claimant to perfect the claim for benefits under this Plan and an explanation of why such material or
information is necessary; and 

  

	 	(d)	appropriate information as to the steps to be taken if the Claimant wishes to appeal such decision. 

  

					
	750	  	68	  	Fox Chase Bank

 Article II— 
 Benefit Claims Procedure 
  

	10.5	Right to Full and Fair Review 

 A Claimant who is
denied, in whole or in part, a claim for benefits under the Plan may file an appeal of such denial. Such appeal must be made in writing by the Claimant or his duly authorized representative and must be filed with the Committee within sixty
(60) days after receipt of the notification under Section 10.4. The Claimant or his representative may review pertinent documents and submit written comments, documents, records and other information relating to the Claimant’s denied
claim. Upon request, the Committee will provide the Claimant, free of charge, reasonable access to and copies of all documents, records and other information relevant to the claim. 
  

	10.6	Time of Review 

 The Committee, independent of the
Plan Administrator, shall conduct a full and fair review of the denial of claim for benefits under this Plan to a Claimant within sixty (60) days after receipt of the written request for review described in Section 10.5; provided, however,
that an extension, not to exceed sixty (60) days, may apply in special circumstances. Written or electronic notice shall be furnished to the Claimant prior to the commencement of the extension period. 
  

	10.7	Final Decision 

 The Claimant shall be notified in
writing or electronically of the final decision of such full and fair review by such Committee. Such decision shall be written in a manner calculated to be understood by the Claimant, shall state the specific reasons for the decision and shall
include specific references to the pertinent Plan provisions upon which the decision is based. In no event shall the decision be furnished to the Claimant later than sixty (60) days after the receipt of a request for review, unless special
circumstances require an extension of time for processing, in which case a decision shall be rendered within one hundred-twenty (120) days after receipt of such request for review. 
  

					
	750	  	69	  	Fox Chase Bank

 Article II — 
 Amendment, Termination, and Withdrawal 
  

 ARTICLE XI — 
 AMENDMENT, TERMINATION, AND WITHDRAWAL 
  

	11.1	Amendment and Termination 

 The Employer expects to
continue the Plan indefinitely, but specifically reserves the right, in its sole and absolute discretion, at any time, by appropriate action of the Board, to terminate its Plan or to amend, in whole or in part, any or all of the provisions of the
Plan. Subject to the provisions of Section 13.7, no such amendment or termination shall permit any part of the Trust Fund to be used for or diverted to purposes other than for exclusive benefit of Participants, Beneficiaries or other persons
entitled to benefits, and no such amendment or termination shall reduce the interest of any Participant, Beneficiary or other person who may be entitled to benefits, without his consent. In the event of a termination or partial termination of the
Plan, or upon complete discontinuance of contributions under the Plan, the Accounts of each affected Participant shall become fully vested and shall be distributable in accordance with the provisions of Article VII. In the event of a complete
termination of the Plan, the Accounts of each affected Participant may alternatively be distributable as a lump sum distribution within seven (7) days of the Valuation Date coincident with the date of receipt by the Trustee of the proper
documentation indicating the Participant’s distribution date. 
 If any amendment changes the vesting schedule, any Participant who has a
Period of Service of three (3) or more years may, by filing a written request with the Employer, elect to have his vested percentage computed under the vesting schedule in effect prior to the amendment. 
 The period during which the Participant may elect to have his vested percentage computed under the prior vesting schedule shall commence with the date the
amendment is adopted and shall end on the latest of: 
  

	 	(a)	sixty (60) days after the amendment is adopted; 

  

	 	(b)	sixty (60) days after the amendment becomes effective; or 

  

	 	(c)	sixty (60) days after the Participant is issued written notice of the amendment from the Employer. 

  

	11.2	Withdrawal from the Trust Fund 

 An Employer may
withdraw its Plan from the Trust Fund in accordance with and subject to the provisions of the Trust Agreement. 
  

					
	750	  	70	  	Fox Chase Bank

 Article XII — 
 Top-Heavy Plan Provisions 
  

 ARTICLE XII — 
 TOP-HEAVY PLAN PROVISIONS 
  

	12.1	Introduction 

 Any other provisions of the Plan to
the contrary notwithstanding, the provisions contained in this Article XII shall be effective with respect to any Plan Year in which this Plan is a Top-Heavy Plan, as hereinafter defined. 
  

	12.2	Definitions 

 For purposes of this Article XII, the
following words and phrases shall have the meanings stated herein unless a different meaning is plainly required by the context. 
  

	 	(a)	“Account,” for the purpose of determining the Top-Heavy Ratio, means the sum of (i) a Participant’s Accounts as of the most recent Valuation Date and
(ii) an adjustment for contributions due as of the Determination Date. The following subsections (A) and (B) shall apply for purposes of determining the amounts of Account balances of Employees as of the Determination Date.

  

	 	(A)	Distributions during year ending on the Determination Date. The amounts of Account balances of an Employee as of the Determination Date shall be increased by the distributions made
with respect to the Employee under this Plan and any plan aggregated with the Plan under Section 416(g)(2) of the Code during the 1-year period ending on the Determination Date. The preceding sentence shall also apply to distributions under a
terminated plan which, had it not been terminated, would have been aggregated with this Plan under Section 416(g)(2)(A)(i) of the Code. In the case of a distribution made for a reason other than separation from service, death, or disability,
this provision shall be applied by substituting “5-year period” for “1-year period.” 

  

	 	(B)	Employees not performing services during year ending on the Determination Date. The Accounts of any individual who has not performed services for the Employer during the 1-year
period ending on the Determination Date shall not be taken into account. 

  

	 	(b)	“Determination Date” means, with respect to any Plan Year, the last day of the preceding Plan Year. With respect to the first Plan Year, “Determination Date”
means the last day of such Plan Year. 

  

	 	(c)	 “Five-Percent Owner” means, if the Employer is a corporation, any Employee who owns (or is considered as owning within the meaning of Section 318 of
the Code modified by Section 416(i)(1)(B)(iii) of the Code) more than five percent (5%) of the value of the outstanding stock of, or more than five percent (5%) of the total 

  

					
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 Article XII — 
 Top-Heavy Plan Provisions 
  

	 	 
combined voting power of all the stock of, the Employer. If the Employer is not a corporation, a Five-Percent Owner means any Employee who owns more than
five percent (5%) of the capital or profits interest in the Employer. 

  

	 	(d)	“Key Employee” means any Employee or former Employee (including any deceased Employee) who at any time during the Plan Year that includes the Determination Date was an
officer of the Employer having annual Compensation greater one hundred forty thousand dollars ($140,000) for the 2006 Plan Year (as adjusted under Section 416(i)(1) of the Code, a 5-percent owner of the Employer, or a 1-percent owner of the
Employer having Annual Compensation of more than one hundred fifty thousand dollars ($150,000). For this purpose, “Annual Compensation” means compensation within the meaning of Section 415(c)(3) of the Code. The determination of who
is a Key Employee will be made in accordance with Section 416(i)(1) of the Code and the applicable regulations and other guidance of general applicability issued thereunder. 

  

	 	(e)	“Non-Key Employee” means an Employee or former Employee (or, where applicable, such person’s Beneficiary) who is not a Key Employee. 

  

	 	(f)	“Officer” means an Employee who is an administrative executive in the regular and continued service of his Employer; any Employee who has the title but not the authority
of an officer shall not be considered an Officer for purposes of this Article XII. Similarly, an Employee who does not have the title of an officer but has the authority of an officer shall be considered an Officer. For purposes of this Article XII,
the maximum number of Officers that must be taken into consideration shall be determined as follows: (i) three (3), if the number of Employees is less than thirty (30); (ii) ten percent (10%) of the number of Employees, if the number
of Employees is between thirty (30) and five hundred (500); or (iii) fifty (50), if the number of Employees is greater than five hundred (500). In determining such limit, the term “Employer” shall be determined in accordance with
Sections 414(b), (c), (m) and (o) of the Code and “Employee” shall include Leased Employees and exclude employees described in Section 414(q)(5) of the Code. 

  

	 	(g)	“One-Percent Owner” means, if the Employer is a corporation, any Employee who owns (or is considered as owning within the meaning of Section 318 of the Code modified
by Section 416(i)(1)(B)(iii) of the Code) more than one percent (1%) of the value of the outstanding stock of, or more than one percent (1%) of the total combined voting power of all the stock of, the Employer. If the Employer is not
a corporation, a One-Percent Owner means any Employee who owns more than one percent (1%) of the capital or profits interest in the Employer. 

  

	 	(h)	 A “Permissive Aggregation Group” consists of one or more plans of the Employer that are part of a Required Aggregation Group, plus one or more plans that
are not part of a Required Aggregation Group but that satisfy the requirements of Sections 401(a)(4) and 410 of the Code when considered together with the Required 

  

					
	750	  	72	  	Fox Chase Bank

 Article XII — 
 Top-Heavy Plan Provisions 
  

	 	 
Aggregation Group. If two (2) or more defined benefit plans are included in the aggregation group, the same actuarial assumptions must be used with
respect to all such plans in determining the Present Value of Accrued Benefits. 

  

	 	(i)	“Present Value of Accrued Benefits” shall be determined in accordance with the actuarial assumptions set forth in the defined benefit plan and the assumed benefit
commencement date shall be determined taking into account any nonproportional subsidy. The accrued benefit of any Employee shall be determined under the method used for accrual purposes for all plans of the Employer, or if no such method is
described, as if such benefit accrued not more rapidly than the slowest accrual rate permitted under Section 411(b)(1)(C) of the Code. 

  

	 	(j)	“Related Rollover Contributions” means rollover contributions received by the Plan that are not initiated by the Employee nor made from another plan maintained by the
Employer. 

  

	 	(k)	A “Required Aggregation Group” consists of each plan of the Employer (whether or not terminated) in which a Key Employee participates or participated at any time during
the Plan Year containing the Determination Date or any of the four (4) preceding Plan Years and each other plan of the Employer (whether or not terminated) which enables any plan in which a Key Employee participates or participated to meet the
requirements of Section 401(a)(4) or 410 of the Code. If two (2) or more defined benefit plans are included in the aggregation group, the same actuarial assumptions must be used with respect to all such plans in determining the Present
Value of Accrued Benefits. 

  

	 	(l)	A “Super Top-Heavy Plan” means a Plan in which, for any Plan Year: 

  

	 	(i)	the Top-Heavy Ratio (as defined under subsection (o)) for the Plan exceeds ninety percent (90%) and the Plan is not part of any Required Aggregation Group (as defined under
subsection (k)) or Permissive Aggregation Group (as defined under subsection (h)); or 

  

	 	(ii)	the Plan is a part of a Required Aggregation Group (but is not part of a Permissive Aggregation Group) and the Top-Heavy Ratio for the group of plans exceeds ninety percent (90%);
or 

  

	 	(iii)	the Plan is a part of a Required Aggregation Group and part of a Permissive Aggregation Group and the Top-Heavy Ratio for the Permissive Aggregation Group exceeds ninety percent
(90%). 

  

	 	(m)	“Top-Heavy Earnings” means, for any year, compensation as defined under Section 414(q)(4) of the Code, up to a maximum of two hundred twenty thousand dollars
($220,000) for the 2006 Plan Year, adjusted in multiples of five thousand dollars ($5,000) for increases in the cost-of-living as prescribed by the Secretary of the Treasury under Section 401(a)(17)(B) of the Code. 

  

					
	750	  	73	  	Fox Chase Bank

 Article XII — 
 Top-Heavy Plan Provisions 
  

	 	(n)	A “Top-Heavy Plan” means a Plan in which, for any Plan Year: 

  

	 	(i)	the Top-Heavy Ratio (as defined under subsection (o)) for the Plan exceeds sixty percent (60%) and the Plan is not part of any Required Aggregation Group (as defined under
subsection (k)) or Permissive Aggregation Group (as defined under subsection (h)); or 

  

	 	(ii)	the Plan is a part of a Required Aggregation Group but is not part of a Permissive Aggregation Group and the Top-Heavy Ratio for the group of plans exceeds sixty percent (60%); or

  

	 	(iii)	the Plan is a part of a Required Aggregation Group and part of a Permissive Aggregation Group and the Top-Heavy Ratio for the Permissive Aggregation Group exceeds sixty percent
(60%). 

  

	 	(o)	“Top-Heavy Ratio” means: 

  

	 	(i)	if the Employer maintains one or more qualified defined contribution plans and the Employer has not maintained any qualified defined benefit plans which during the five
(5) year period ending on the Determination Date have or have had accrued benefits, the Top-Heavy Ratio for the Plan alone or for the Required Aggregation Group or Permissive Aggregation Group, as appropriate, is a fraction, the numerator of
which is the sum of the Account balances under the aggregated defined contribution plan or plans for all Key Employees as of the Determination Date, including any part of any Account balance distributed in the five (5) year period ending on the
Determination Date but excluding distributions attributable to Related Rollover Contributions, if any, and the denominator of which is the sum of all Account balances under the aggregated qualified defined contribution plan or plans for all
Participants as of the Determination Date, including any part of any Account balance distributed in the five (5) year period ending on the Determination Date but excluding distributions attributable to Related Rollover Contributions, if any,
determined in accordance with Section 416 of the Code and the regulations thereunder. 

  

	 	(ii)	 if the Employer maintains one or more qualified defined contribution plans and the Employer maintains or has maintained one or more qualified defined benefit plans
which during the five (5) year period ending on the Determination Date have or have had any accrued benefits, the Top-Heavy Ratio for any Required Aggregation Group or Permissive Aggregation Group, as appropriate, is a fraction, the numerator
of which is the sum of the Account balances under the aggregated qualified defined contribution plan or plans for all Key Employees, determined in accordance with (i) above, and the sum of the Present Value of Accrued Benefits under the
aggregated qualified defined benefit plan or plans for all Key Employees as of the Determination Date, and the denominator of which is the sum of 

  

					
	750	  	74	  	Fox Chase Bank

 Article XII — 
 Top-Heavy Plan Provisions 
  

	 	 
Account balances under the aggregated qualified defined contribution plan or plans determined in accordance with (i) above, for all Participants and the
sum of the Present Value of Accrued Benefits under the aggregated qualified defined benefit plan or plans for all Participants as of the Determination Date, all determined in accordance with Section 416 of the Code and the regulations
thereunder. The accrued benefits under a qualified defined benefit plan in both the numerator and denominator of the Top-Heavy Ratio are adjusted for any distribution of an accrued benefit made in the five (5) year period ending on the
Determination Date. 

  

	 	(iii)	For purposes of (i) and (ii) above, the value of Account balances and the Present Value of Accrued Benefits will be determined as of the most recent Valuation Date that
falls within the twelve (12) month period ending on the Determination Date, except as provided in Section 416 of the Code and the regulations thereunder for the first and second Plan Years of a qualified defined benefit plan. The Account
balances and Present Value of Accrued Benefits of a Participant (A) who is a Non-Key Employee but who was a Key Employee in a prior year, or (B) who has not been credited with at least an Hour of Service with any employer maintaining the
Plan at any time during the five (5) year period ending on the Determination Date will be disregarded. The calculation of the Top-Heavy Ratio, and the extent to which distributions, rollovers, and transfers are taken into account will be made
in accordance with Section 416 of the Code and the regulations thereunder. When aggregating plans, the value of Account balances and the Present Value of Accrued Benefits will be calculated with reference to the Determination Date that falls
within the same calendar year. 

  

	 	(p)	“Valuation Date”, for the purpose of computing the Top-Heavy Ratio (as defined under subsection (o)) under subsections (l) and (n) means the last date of the
Plan Year. 

 For purposes of subsections (h), (j) and (k), the rules of Sections 414(b), (c), (m) and (o) of the
Code shall be applied in determining the meaning of the term “Employer”. 
  

	12.3	Minimum Contributions 

 If the Plan becomes a
Top-Heavy Plan, then any provision of Article III to the contrary notwithstanding, the following provisions shall apply: 
  

	 	(a)	 Subject to subsection (b), the Employer shall contribute on behalf of each Participant who is employed by the Employer on the last day of the Plan Year and who is a
Non-Key Employee an amount with respect to each Top-Heavy year which, when added to the amount of Special Contributions and Forfeitures made on behalf of such Participant, shall not be less than the lesser of: (i) three percent (3%) of
such Participant’s Section 415 Compensation (as defined under Section 

  

					
	750	  	75	  	Fox Chase Bank

 Article XII — 
 Top-Heavy Plan Provisions 
  

	 	 
3.13(a)(v) of the Plan and modified by Section 401(a)(17) of the Code), or (ii) if the Employer has no defined benefit plan which is designated to
satisfy Section 416 of the Code, the largest of the total of each Key Employee’s Matching Contributions, Before-Tax Contributions, Special Contributions, Roth Contributions, if implemented, upon approval by the Employer and Forfeitures, as
a percentage of each such Key Employee’s Top-Heavy Earnings; provided, however, that in no event shall any contributions be made under this Section 12.3 in an amount which will cause the percentage of contributions made by the Employer on
behalf of any Participant who is a Non-Key Employee to exceed the percentage at which contributions are made by the Employer on behalf of the Key Employee for whom the percentage of the total of Matching Contributions, Before-Tax Contributions,
Special Contributions, Roth Contributions, if any and Forfeitures, is highest in such Top-Heavy year. Any such contribution shall be allocated to the Matching Contribution Account of each such Participant and, for purposes of vesting and withdrawals
only, shall be deemed to be a Matching Contribution. Any such contribution shall not be deemed to be a Matching Contribution for any other purpose. 

  

	 	(b)	Notwithstanding the foregoing, this Section 12.3 shall not apply to any Participant to the extent that such Participant is covered under any other plan or plans of the Employer
(determined in accordance with Sections 414(b), (c), (m) and (o) of the Code) and such other plan provides that the minimum allocation or benefit requirement will be met by such other plan should this Plan become Top-Heavy. If such other
plan does not provide for a minimum allocation or benefit requirement, a minimum of five percent (5%) of a Participant’s Section 415 Compensation, as defined in Section 12.3(a) above, shall be provided under this Plan.

  

	 	(c)	For purposes of this Article XII, the following shall be considered as a contribution made by the Employer: 

  

	 	(i)	Qualified Nonelective Contributions; 

  

	 	(ii)	Matching Contributions made by the Employer on behalf of Key Employees; and 

  

	 	(iii)	Elective Contributions made by the Employer on behalf of Key Employees. 

  

	 	(d)	 Subject to the provisions of subsection (b), all Non-Key Employee Participants who are employed by the Employer on the last day of the Plan Year shall receive the
defined contribution minimum provided under subsection (a). A Non-Key Employee may not fail to accrue a defined contribution minimum merely because such Employee was excluded from participation or failed to accrue a benefit because (i) his
Compensation is less than a stated amount, or (ii) he failed to make 

  

					
	750	  	76	  	Fox Chase Bank

 Article XII — 
 Top-Heavy Plan Provisions 
  

	 	 
Before-Tax Contributions and/or Roth Contributions, if implemented, upon approval by the Employer. 

  

	 	(e)	Employer contributions, if any, shall be taken into account for purposes of satisfying the minimum contribution requirements of Section 416(c)(2) of the Code and this
Section 12.3. The preceding sentence shall apply with respect to Matching Contributions or, if the Plan provides that the minimum contribution requirement shall be met in another plan, such other plan. Employer contributions that are used to
satisfy the minimum contribution requirements shall be treated as Employer contributions for purposes of the Actual Contribution Percentage test and other requirements of Section 401(m) of the Code, if applicable. 

  

	12.4	Impact on Section 415 Maximum Benefits 

 If a
Non-Key Employee is entitled to a minimum contribution under Section 12.3(b), the Plan shall not be treated as a Super Top-Heavy Plan under this Section 12.4, if the minimum contribution satisfies Section 12.3(b) when seven and
one-half percent (7-1/2%) is substituted for five percent (5%). 
  

	12.5	Vesting 

 If the Plan becomes a Top-Heavy Plan,
then, notwithstanding Section 4.1(c), the Vested Percentage of a Participant who has at least one (1) Hour of Service with the Employer after the Plan becomes Top-Heavy shall not be less than the following Vested Percentage of his accrued
benefit, determined in accordance with the following table: 
  

			
	 Period of Service
	  	Vested
Percentage
	 Less than 2 years
	  	    0%
	 2 years but less than 3 years
	  	  20%
	 3 years but less than 4 years
	  	  40%
	 4 years but less than 5 years
	  	  60%
	 5 years but less than 6 years
	  	  80%
	 6 years or more
	  	100%

  Notwithstanding the foregoing provision, each Participant with at least a Period of Service of
three (3) years with the Employer shall at all times have his vested percentage computed under the greater of the provisions of this Section 12.5 or the provisions of Section 4.1(c). 
 For those Plan Years in which the Plan ceases to be a Top-Heavy Plan, the vesting schedule shall be determined in accordance with the provisions of
Section 4.1(c), except that the vested percentage of a Participant’s accrued benefit before the Plan ceased to be a Top-Heavy Plan shall not be reduced. 
  

					
	750	  	77	  	Fox Chase Bank

 Article XIII -- 
 Miscellaneous Provisions 
  

 ARTICLE XIII — 
 MISCELLANEOUS PROVISIONS 
  

	13.1	No Right to Continued Employment 

 Neither the
establishment of the Plan, nor any provisions of the Plan or of the Trust Agreement establishing the Trust Fund nor any action of any Named Fiduciary, Plan Administrator or the Employer, shall be held or construed to confer upon any Employee any
right to a continuation of his employment by the Employer. The Employer reserves the right to dismiss any Employee or otherwise deal with any Employee to the same extent and in the same manner that it would if the Plan had not been adopted.

  

	13.2	Merger, Consolidation, or Transfer 

 The Plan shall
not be merged or consolidated with, nor transfer its assets or liabilities to, any other plan unless each Employee, Participant, Beneficiary and other person entitled to benefits under the Plan, would (if such other plan then terminated) receive a
benefit immediately after the merger, consolidation or transfer which is equal to or greater than the benefit he would have been entitled to receive if the Plan had terminated immediately before the merger, consolidation or transfer. 
  

	13.3	Nonalienation of Benefits 

 Except, to the extent of
any offset of a Participant’s benefits as a result of any judgment, order, decree or settlement agreement provided in Section 401(a)(13)(C) of the Code, benefits payable under the Plan shall not be subject in any manner to anticipation,
alienation, sale, transfer, assignment, pledge, encumbrance, charge, garnishment, execution, or levy of any kind, either voluntary or involuntary and any attempt to so anticipate, alienate, sell, transfer, assign, pledge, encumber, charge, garnish,
execute, levy or otherwise affect any right to benefits payable hereunder, shall be void. Notwithstanding the foregoing, the Plan shall permit the payment of benefits in accordance with a qualified domestic relations order as defined under
Section 414(p) of the Code. 
  

	13.4	Missing Payee 

 Any other provision in the Plan or
Trust Agreement to the contrary notwithstanding, if the Trustee is unable to make payment to any Employee, Participant, Beneficiary or other person to whom a payment is due (“Payee”) under the Plan because the identity or whereabouts of
such Payee cannot be ascertained after reasonable efforts have been made to identify or locate such person (including mailing a certified notice of the payment due to the last known address of such Payee as shown on the records of the Employer),
such payment and all subsequent payments otherwise due to such Payee shall be forfeited twenty-four (24) months after the date such payment first became due. However, such payment and any subsequent payments shall be reinstated retroactively,
without interest, no later than sixty (60) days after the date on which the Payee is identified and located. 
  

					
	750	  	78	  	Fox Chase Bank

 Article XIII — 
 Miscellaneous Provisions 
  

	13.5	Affiliated Employers 

 All employees of all
Affiliated Employers shall, for purposes of the limitations in Article XII and for measuring Hours of Service and Periods of Service, be treated as employed by a single employer. No employee of an Affiliated Employer shall become a Participant of
this Plan unless employed by the Employer or an Affiliated Employer which has adopted the Plan. 
  

	13.6	Successor Employer 

 In the event of the
dissolution, merger, consolidation or reorganization of the Employer, the successor organization may, upon satisfying the provisions of the Trust Agreement and the Plan, adopt and continue this Plan. Upon adoption, the successor organization shall
be deemed the Employer with all its powers, duties and responsibilities and shall assume all Plan liabilities. 
  

	13.7	Return of Employer Contributions 

 Any other
provision of the Plan or Trust Agreement to the contrary notwithstanding, upon the Employer’s request, a contribution to the Plan by the Employer which was (a) made by mistake of fact, or (b) conditioned upon initial qualification of
the Plan with the Internal Revenue Service, or (c) conditioned upon the deductibility by the Employer of such contributions under Section 404 of the Code, shall be returned to the Employer within one (1) year after: (i) the
payment of a contribution made by mistake of fact, or (ii) the denial of such qualification or (iii) the disallowance of the deduction (to the extent disallowed), as the case may be. 
 Any such return shall not exceed the lesser of (A) the amount of such contributions (or, if applicable, the amount of such contribution with respect
to which a deduction is denied or disallowed) or (B) the amount of such contributions net of a proportionate share of losses incurred by the Plan during the period commencing on the Valuation Date as of which such contributions are made and
ending on the Valuation Date as of which such contributions are returned. All such refunds shall be limited in amount, circumstances and timing to the provisions of Section 403(c) of ERISA. 
  

	13.8	Adoption of Plan by Affiliated Employer 

 An
Affiliated Employer of the Sponsoring Employer may adopt the Plan (and its related Trust Agreement). Upon such adoption, such Affiliated Employer shall become a Participating Affiliate in the Plan, which Plan shall be deemed a “single
plan” within the meaning of Income Tax Regulations Section 1.414(l)-1(b)(1). 
 For purposes of Article IX, Employer shall mean only
the Sponsoring Employer and each Participating Affiliate shall be deemed to accept and designate the Named Fiduciaries, Committee, Plan Administrator and voter of Trust Fund Units designated by the Sponsoring Employer to act on its behalf in
accordance with the provisions of the Plan. 
  

					
	750	  	79	  	Fox Chase Bank

 Article XIII — 
 Miscellaneous Provisions 
  

 The Sponsoring Employer shall solely exercise for and on behalf of such Participating Affiliate the
powers reserved to the Employer under Articles IX and XI. However, such Participating Affiliate may at anytime terminate its future participation in the Plan. 
  

	13.9	Construction of Language 

 Wherever appropriate in
the Plan, words used in the singular may be read in the plural; words used in the plural may be read in the singular; and words importing the masculine gender shall be deemed equally to refer to the female gender. Any reference to a section number
shall refer to a section of this Plan, unless otherwise indicated. 
  

	13.10	Headings 

 The headings of articles and sections are
included solely for convenience of reference, and if there be any conflict between such headings and the text of the Plan, the text shall control. 
  

	13.11	Governing Law 

 The Plan shall be governed by and
construed and enforced in accordance with the laws of the Pennsylvania, except to the extent that such laws are preempted by the Federal laws of the United States of America. 
  

					
	750	  	80	  	Fox Chase Bank

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