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AMENDMENT TO EMPLOYMENT
AGREEMENT
This
Amendment to Employment Agreement (this “Amendment”),
is made at Lorain, Ohio, as of December 12, 2008, by and among
DANIEL E. KLIMAS, herein referenced as “Employee,” and
LNB BANCORP, INC. (an Ohio corporation) and THE LORAIN NATIONAL
BANK (a banking organization organized and existing under the laws
of the United States of America), which together with their
respective successors and assigns are collectively herein
referenced as “Employer.”
WHEREAS
Employer and Employee entered into an Employment Agreement, dated
as of January 28, 2005, as amended as of July 16, 2008
(the “Employment Agreement”).
WHEREAS,
pursuant to Section 1.4 of the Employment Agreement, Employer
and Employee desire to amend the Employment Agreement as set forth
herein.
NOW,
THEREFORE, in consideration of the mutual covenants and promises
herein, Employer and Employee (collectively the
“Parties” and individually a “Party”) agree
as follows:
The
Employment Agreement is amended as follows:
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