This Employment Agreement ("Agreement") is entered into and made effective as of the 9th day of October, 2007 ("Effective Date"), by and between Bridgehampton National Bank, a bank organized and existing under the laws of the United States of America and having its executive offices at 2200 Montauk Highway, Bridgehampton, New York ("Bank"), Bridge Bancorp, Inc., the holding company for the Bank (the "Company"), on the one hand, and Kevin O'Connor ("Executive").

WITNESSETH:

WHEREAS, Executive has been offered a position as President and Chief Executive Officer of the Bank and the Company;

WHEREAS, the Executive is willing to accept the offer of employment on the terms and conditions set forth in this Agreement; and

WHEREAS, Code Section 409A deems certain severance and other payments to Executive herein to be nonqualified deferred compensation that must comply with its terms or subject Executive to additional taxes and penalties, and the Bank, the Company and Executive wish to comply with Code Section 409A and the Final Regulations and for certain other purposes.

NOW, THEREFORE, in consideration of the premises and the mutual covenants and obligations hereinafter set forth, the Bank, the Company and the Executive hereby agree as follows:

1. Employment Period.

Nothing paid to Executive under any plan, program or arrangement referenced in (c) or (d) above shall be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

During the term of this Agreement, the Executive shall not, directly or indirectly, provide services on behalf of any financial institution, any insurance company or agency, any mortgage or loan broker or any other entity or on behalf of any subsidiary or affiliate of any such entity engaged in the financial services industry, as an employee, consultant, independent contractor, agent, sole proprietor, partner, joint venturer, corporate officer or director; nor shall the Executive acquire by reason of purchase during the term of this Agreement the ownership of more than 5% of the outstanding equity interest in any such entity. Subject to the foregoing, and to the Executive's right to continue to serve as an officer and/or director or trustee of any business organization as to which he was so serving on the Effective Date of this Agreement (as described in an attachment to this Agreement), the Executive may serve on boards of directors of unaffiliated, for-profit business corporations, subject to Board approval, which shall not be unreasonably withheld, and such services shall be presumed for these purposes to be for the benefit of the Bank and the Company. Except as specifically set forth herein, the Executive may engage in personal business and investment activities, including real estate investments and personal investments in the stocks, securities and obligations of other financial institutions (or their holding companies). Notwithstanding the foregoing, in no event shall the Executive's outside activities, services, personal business and investments materially interfere with the performance of his duties under this Agreement. 6. Working Facilities and Expenses

(i) The Executive's voluntary resignation from employment with the Bank and the Company during the term of this Agreement within 30 days after the occurrence of any of the following events without Executive's consent, such that the Executive's resignation shall be treated as a resignation for "Good Reason," provided that for purposes of this Section 7(a)(i), the Executive must provide not greater than ninety (90) days' written notice to the Bank and the Company of the initial existence of such condition and the Bank and the Company shall have thirty (30) days to cure the condition giving rise to the Event of Termination (but the Bank and the Company may elect to waive such thirty (30) day period):

(A) the failure to re-appoint the Executive to the officer position set forth under Section 2(a) and/or, the failure of Executive to be appointed to the Board of Directors of the Bank, and with respect to the Executive's service as a director of the Company, the failure to re-nominate the Executive for election to the Board;

(B) a material change in Executive's functions, duties, or responsibilities, which change would cause Executive's position to become one of lesser responsibility, importance, or scope;

(C) a liquidation or dissolution of the Bank or the Company other than a liquidation or dissolution that is caused by a reorganization that does not affect the status of the Executive;

(D) a material breach of this Agreement by the Bank and/or the Company; or

(E) the relocation of Executive's principal place of employment to an office other than one located in Southampton, East Hampton, Shelter Island, Southold, Riverhead or Brookhaven, New York.

(ii) the involuntary termination of the Executive's employment by the Bank and/or the Company for any reason other than: for "Cause" as defined in Section 8(a); for "Disability" as set forth in
Section 7(d) below; in connection with a Change in Control, as set forth in Section 7(c) below; or as a result of the death of the Executive; provided that such involuntary termination of employment constitutes a "Separation from Service" within the meaning of Section 409A and the Final Regulations thereunder.

(b) Severance Pay. Subject to the limitations set forth in Section 7(e) below, upon an Event of Termination, the Bank shall pay to the Executive (or, in the event of the Executive's death after the event described in Section 7(a) has occurred, the Bank shall pay to the Executive's surviving spouse, beneficiary or estate) an amount equal to the following:

(i) his earned but unpaid Base Salary as of the date of his termination of employment with the Bank;

(ii) the benefits, if any, to which he is entitled as a former employee under the Bank's employee benefit plans;

(iii) if the Event of Termination occurs prior to January 1, 2008, continued non-taxable group health and medical insurance benefits (on the same terms as such benefits are made available to other executive employees of the Bank) through December 31, 2008;

(iv) if the Event of Termination occurs on or after January 1, 2008 and on or before December 31, 2008 (the "Initial Period"), continued non-taxable group health and medical insurance benefits (on the same terms as such benefits are made available to other executive employees of the Bank) for six months after the Event of Termination;

(v) if the Event of Termination occurs following the "Initial Period", continued non-taxable group health and medical insurance benefits (on the same terms as such benefits are made available to other executive employees of the Bank) for twenty- four (24) months;

(vi) if the Event of Termination occurs prior to January 1, 2008, a lump sum cash payment, as liquidated damages, in an amount equal to the Base Salary that Executive would have earned if he had continued working for the Bank through December 31, 2008;

(vii) if the Event of Termination occurs within the Initial Period, a lump sum cash payment, as liquidated damages, in an amount equal to one half of the Executive's Base Salary; and

(viii) if the Event of Termination occurs following the Initial Period, a lump sum cash payment, as liquidated damages, in an amount equal to the Base Salary that the Executive would have earned if he had continued working for the Bank for twenty-four
(24) months following the Event of Termination.

(i) In the event that during the term of this Agreement, Executive is unable to perform his duties hereunder because he is disabled within the meaning of Code Section 409A and the Final Regulations (a "Disability"), the Executive shall be entitled to any and all benefits under the Bank's short-term and/or long-term disability insurance plan. During the first twenty-four (24) months following termination of employment for Disability, the Bank and/or the Company shall provide a supplemental monthly cash payment to Executive such that the payments received by Executive on a monthly basis, from both disability insurance and this supplemental payment shall equal the monthly rate of

after-tax Base Salary being paid to Executive immediately prior to such termination (the insurance payments may be taken into account on a tax-adjusted basis if such payment are not subject to federal and/or state taxes).

(ii) Upon termination of Executive's employment because of Disability, the Executive shall be entitled continuing non-taxable group health and medical insurance benefits for a period of twenty-four months following such termination, on the same terms as such benefits are made available to other executive employees of Disability.

(f) Executive agrees that upon any termination of his employment, whether by Executive or by the Bank or the Company, his service as a director of the Bank and the Company shall cease and he shall be deemed to have resigned as a director effective upon such termination.

(a) Termination for Cause.

(i) The Bank and/or the Company may terminate the Executive's employment at any time, but any termination other than termination for "Cause," as defined herein, shall not prejudice the Executive's right to compensation or other benefits under the Agreement. The Executive shall have no right to receive compensation or other benefits for any period after termination for "Cause." Termination for "Cause" shall mean termination because of: (i) the conviction of the Executive of a felony or of any lesser criminal offense involving moral turpitude; (ii) the willful commission by the Executive of a criminal or other act that, in the judgment of the Board or the President and Chief Executive Officer will likely cause substantial economic damage to the Company, the Bank or any subsidiary or substantial injury to the business reputation of the Company, the Bank or any subsidiary; (iii) the commission by the Executive of an act of fraud in the performance of his duties on behalf of the Company, the Bank or any subsidiary; (iv) the continuing willful failure of the Executive to perform his duties to the Company, the Bank or any subsidiary (other than any such failure resulting from the Executive's incapacity due to physical or mental illness) after written notice thereof; (v) a material breach by the Executive of the Bank's Code of Ethics; or (vi) an order of a federal or state regulatory agency or a court of competent jurisdiction requiring the termination of the Executive's employment with the Bank or the Company.

(ii) Executive shall not have the right to receive compensation or other benefits for any period after the date of Termination for Cause. Notwithstanding the foregoing, Termination for Cause shall not be deemed to exist unless there shall have been delivered to the Executive a copy of a resolution duly adopted by the affirmative vote of not less than a majority of the entire membership of the Board at a meeting of the Board called and held for the purpose (after reasonable notice to the Executive and an opportunity for the Executive to be heard before the Board), finding that in the good faith opinion of the Board the Executive was guilty of conduct described above and specifying the particulars thereof. Prior to holding a meeting at which the Board is to make a final determination whether Termination for Cause exists, if the Board determines in good faith at a meeting of the Board, by not less than a majority of its entire membership, that there is probable cause for it to find that the Executive was guilty of conduct constituting Termination for Cause as described above, the Board may suspend the Executive from his/her duties hereunder for a reasonable period of time not to exceed fourteen (14) days pending a further meeting at which the Executive shall be given the opportunity to be heard before the Board. For purposes of this subparagraph, no act or failure to act, on the Executive's part shall be considered "willful" unless done, or omitted to be done, by his/her not in good faith without reasonable believe that his/her action or omission was in the best interest of the Company and the Bank.

(i) The Executive's death; or

(ii) The Executive's voluntary resignation from employment with the Bank for any reason other than the "Good Reasons" specified in Section 7(a)(i).

(a) Except for payments that are subject to Code Section 409A, for purposes of this Agreement, the term "Change in Control" shall mean a change in control of a nature that: (i) would be required to be reported in response to Item 5.01(a) of the current report on Form 8-K, as in effect on the date hereof, pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act"); or (ii) results in a Change in Control of the Bank within the meaning of the Change in Bank Control Act, and applicable rules and regulations promulgated thereunder, or results in a Change in Control of the Company within the meaning of the Bank Holding Company Act of 1956, and the rules and regulations promulgated thereunder, in each case as in effect at the time of the Change in Control; or (iii) without limitation such a Change in Control shall be deemed to have occurred at such time as (a) any "person" (as the term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial

owner"(as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 25% or more of the combined voting power of Company's outstanding securities except for any securities purchased by the Bank's employee stock ownership plan or trust; or (b) individuals who constitute the Board of Directors of the Bank or the Company on the date hereof (the "Incumbent Board") cease for any reason to constitute at least a majority thereof, provided that any person becoming a director subsequent to the date hereof whose election was approved by a vote of at least three-quarters of the directors comprising the Incumbent Board, or whose nomination for election by the Company's stockholders was approved by the same Nominating Committee serving under an Incumbent Board, shall be, for purposes of this clause (b), considered as though he were a member of the Incumbent Board; or (c) a plan of reorganization, merger, consolidation, sale of all or substantially all the assets of the Bank or the Company or similar transaction in which the Bank or Company is not the surviving institution occurs; or (d) a proxy statement soliciting proxies from stockholders of the Company, by someone other than the current management of the Company, seeking stockholder approval of a plan of reorganization, merger or consolidation of the Company or similar transaction with one or more corporations as a result of which the outstanding shares of the class of securities then subject to the plan are to be exchanged for or converted into cash or property or securities not issued by the Company; or (e) a tender offer is made for 25% or more of the voting securities of the Company and the shareholders owning beneficially or of record 25% or more of the outstanding securities of the Company have tendered or offered to sell their shares pursuant to such tender offer and such tendered shares have been accepted by the tender offeror.

(b) With respect to any payments hereunder that are subject to Code Section 409A, "Change in Control" shall mean (i) a change in the ownership of the Bank or the Company, (ii) a change in the effective control of the Bank or Company, or (iii) a change in the ownership of a substantial portion of the assets of the Bank or Company, as described below.

(1) A change in ownership occurs on the date that any one person, or more than one person acting as a group (as defined in Final Regulations section 1.409A-3(i)(5)(v)(B)), acquires ownership of stock of the Bank or Company that, together with stock held by such person or group, constitutes more than 50% of the total fair market value or total voting power of the stock of such corporation.

(2) A change in the effective control of the Bank or Company occurs on the date that either (i) any one person, or more than one person acting as a group (as defined in Final Regulations section 1.409A-3(i)(5)(v)(B)) acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or persons) ownership of stock of the Bank or Company possessing 30% or more of the total voting power of the stock of the Bank or Company, or (ii) a majority of the members of the Bank's or Company's board of directors is replaced during any 12-month period by directors whose appointment or election is not endorsed by a majority of the members of the Bank's or Company's board of directors prior to the date of the appointment or election, provided that this sub-section "(ii)" is inapplicable where a majority shareholder of the Bank or Company is another corporation.

(3) A change in a substantial portion of the Bank's or Company's assets occurs on the date that any one person or more than one person acting as

a group (as defined in Final Regulations section 1.409A-3(i)(5)(vii)(C)) acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or persons) assets from the Bank or Company that have a total gross fair market value equal to or more than 40% of the total gross fair market value of (i) all of the assets of the Bank or Company, or (ii) the value of the assets being disposed of, either of which is determined without regard to any liabilities associated with such assets. For all purposes hereunder, the definition of Change in Control shall be construed to be consistent with the requirements of Final Regulations section 1.409A-3(g) (5).

(c) In addition, in each calendar year that Executive is entitled to receive payments or benefits under the provisions of this Agreement and/or a Company or Bank sponsored employee benefit plan, the independent accountants of the Company shall determine if an excess parachute payment (as defined in
Section 4999 of the Code) exists. Such determination shall be made after taking into account any reductions permitted pursuant to Section 280G of the Code and the regulations thereunder. Any amount determined to be an excess parachute payment after taking into account such reductions shall be hereafter referred to as the "Initial Excess Parachute Payment." As soon as practicable after a Change in Control, the Initial Excess Parachute Payment shall be determined. For purposes of this determination, Executive shall be deemed to pay federal income taxes at the highest marginal rate of federal income tax (including, but not limited to, the Alternative Minimum Tax under Code Sections 55-59, if applicable) and state and local income tax, if applicable, at the highest marginal rate of taxation in the state and locality of Executive's residence on the date such payment is payable, net of the maximum reduction in the federal income taxes which could be obtained from any available deduction of such state and local taxes. Any determination by the independent accountants shall be binding on the Company, the Bank and Executive. Such Initial Excess Parachute Payment shall be paid to Executive or on his behalf to the applicable taxing authority, subject to applicable withholding requirements under applicable state or federal law, in an amount equal to:

(i) twenty percent (20%) of the Initial Excess Parachute Payment (or such other amount equal to the tax imposed under Section 4999 of the Code), and

(ii) such additional amount (tax allowance) as may be necessary to compensate Executive for the payment by Executive of state and federal income and excise taxes on the payment provided under paragraph 0(i) above and on any payments under this paragraph 0(ii). In computing such tax allowance, the payment to be made under paragraph 0(i) shall be multiplied by the "gross up percentage" ("GUP"). The GUP shall be determined as follows:

Tax Rate
GUP = ---------------
1- Tax Rate

The Tax Rate for purposes of computing the GUP shall be the highest marginal federal and state income and employment-related tax rate, including any applicable excise tax rate, applicable to Executive in the year in which the payment under paragraph 0(i) is made.

(iii) Such Initial Excess Parachute Payment and such tax allowance shall be paid to the applicable taxing authority for the benefit of Executive

when due, or if such Initial Excess Parachute Payment and/or tax allowance are paid by Executive, then to the Executive no later than the end of Executive's taxable year next following the Executive's taxable year in which the related taxes are remitted to the required taxing authority.

(d) Notwithstanding the foregoing, if it shall subsequently be determined in a final judicial determination or a final administrative settlement to which Executive is a party that the excess parachute payment as defined in Section 4999 of the Code, reduced as described above, is different from the Initial Excess Parachute Payment (such different amount being hereafter referred to as the "Determinative Excess Parachute Payment") then the Company's independent accountants shall determine the amount (the "Adjustment Amount") Executive must pay to the Bank or the Company or the Company must pay to Executive in order to put Executive (or the Company or the Bank, as the case may be) in the same position as Executive (or the Company or the Bank, as the case may be) would have been if the Initial Excess Parachute Payment had been equal to the Determinative Excess Parachute Payment. In determining the Adjustment Amount, the independent accountants shall take into account any and all taxes (including any penalties and interest) paid by or for Executive or refunded to Executive or for Executive's benefit. As soon as practicable after the Adjustment Amount has been so determined, but not later than two and one-half months after the end of the year in which the Adjustment Amount has been so determined, the Company shall pay the Adjustment Amount to Executive or Executive shall repay the Adjustment Amount to the Company or the Bank, as the case may be. The purpose of this paragraph is to assure that (i) Executive is not reimbursed more for the golden parachute excise tax than is necessary to make him whole, and (ii) if it is subsequently determined that additional golden parachute excise tax is owed by him, additional reimbursement payments will be made to him to make him whole for the additional excise tax.

(e) In each calendar year that Executive receives payments or benefits under this Agreement and/or a Company or Bank sponsored employee benefit plan, Executive shall report on his state and federal income tax returns such information as is consistent with the determination made by the independent accountants of the Company as described above. The Company shall indemnify and hold Executive harmless from any and all losses, costs and expenses (including without limitation, reasonable attorney's fees, interest, fines and penalties) that Executive incurs as a result of so reporting such information. Executive shall promptly notify the Company in writing whenever Executive receives notice of the institution of a judicial or administrative proceeding, formal or informal, in which the federal tax treatment under Section 4999 of the Code of any amount paid or payable under this Section is being reviewed or is in dispute. The Company shall assume control at its expense over all legal and accounting matters pertaining to such federal tax treatment (except to the extent necessary or appropriate for Executive to resolve any such proceeding with respect to any matter unrelated to amounts paid or payable pursuant to this Agreement). Executive shall cooperate fully with the Company in any such proceeding. Executive shall not enter into any compromise or settlement or otherwise prejudice any rights the Company may have in connection therewith without prior consent of the Company.

material document or information obtained from the Bank, the Company or from any of their respective parents, subsidiaries or affiliates, in the course of his employment with any of them concerning their properties, operations or business (unless such document or information is readily ascertainable from public or published information or trade sources or has otherwise been made available to the public through no fault of his own) until the same ceases to be material (or becomes so ascertainable or available); provided, however, that nothing in this
Section 10 shall prevent the Executive, with or without the Bank's or the Company's consent, from participating in or disclosing documents or information in connection with any judicial or administrative investigation, inquiry or proceeding to the extent that such participation or disclosure is required under applicable law.

(a) The Executive hereby covenants and agrees that, for a period of one year following his termination of employment with the Bank, he shall not, without the written consent of the Bank, either directly or indirectly:

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

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

(b) The Executive hereby covenants and agrees that following any termination of employment, he shall not, without the written consent of the Bank, either directly or indirectly: become an officer, employee, consultant, director, independent contractor, agent, sole proprietor, joint venturer, greater than 5% equity-owner or stockholder, partner or trustee of any savings bank, savings and loan association, savings and loan holding company, credit union, bank or bank holding company, insurance company or agency, any mortgage or loan broker or any other entity that has its main office, or a majority of its branch offices, east of the Shinnecock Canal.. If Executive's employment is terminated prior to January 1, 2008, this restriction shall not apply. If Executive's employment is terminated within the Initial Period, this restriction shall apply for six months following termination. If Executive's employment is terminated after the Initial Period, this restriction shall apply for one year following termination. Notwithstanding the foregoing, the restriction contained in this Section 11(b) shall not apply if the Executive's employment is terminated following a Change in Control.

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

(d) All payments and benefits to the Executive under this Agreement shall be subject to the Executive's compliance with this Section. The parties hereto, recognizing that irreparable injury will result to the Bank, its business and property in the event of the Executive's breach of this Section 11, agree that, in the event of any such breach by the Executive, the Bank and/or the Company will be entitled, in addition to any other remedies and damages available, to an injunction to restrain the violation hereof by the Executive and all persons acting for or with the Executive. The Executive represents and admits that the Executive's experience and capabilities are such that the Executive can obtain employment in a business engaged in other lines and/or of a different nature than the Bank, and that the enforcement of a remedy by way of injunction will not prevent the Executive from earning a livelihood. Nothing herein will be construed as prohibiting the Bank and the Company from pursuing any other remedies available to them for such breach or threatened breach, including the recovery of damages from the Executive.

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

(b) Notwithstanding any other provision in this Agreement, (i) the Bank or the Company may terminate or suspend this Agreement and the employment of the Executive hereunder, as if such termination were a Termination for Cause under
Section 8(a) hereof, to the extent required by federal or state laws or regulations related to banking, to deposit insurance or bank holding companies or by regulations or orders issued by the Comptroller of the Currency, the Federal Deposit Insurance Corporation or the Board of Governors of the Federal Reserve System and (ii) no payment shall be required to be made to Executive under this Agreement to the extent such payment is prohibited by applicable law regulation or order issued by a banking agency or a court of competent jurisdiction; provided, that it shall be the Bank's or the Company's burden to prove that any such action was so required.

commercial arbitrations (the "Rules") except as modified by this Section. The Executive shall appoint one arbitrator, the Bank shall appoint one arbitrator, and the third shall be appointed by the two arbitrators appointed by the parties. The third arbitrator shall be impartial and shall serve as chairman of the panel. The parties shall appoint their arbitrators within thirty (30) days after the demand for arbitration is served, failing which the AAA promptly shall appoint a defaulting party's arbitrator, and the two arbitrators shall select the third arbitrator within fifteen (15) days after their appointment, or if they cannot agree or fail to so appoint, then the AAA promptly shall appoint the third arbitrator. The arbitrators shall render their decision in writing within thirty (30) days after the close of evidence or other termination of the proceedings by the panel, and the decision of a majority of the arbitrators shall be final and binding upon the parties, nonappealable, except in accordance with the Rules and enforceable in accordance with the applicable state law. Any hearings in the arbitration shall be held in Suffolk County, New York unless the parties shall agree upon a different venue, and shall be private and not open to the public. Each party shall bear the fees and expenses of its arbitrator, counsel, and witnesses, and the fees and expenses of the third arbitrator shall be shared equally by the parties. The other costs of the arbitration, including the fees of AAA, shall be borne as directed in the decision of the panel.

(a) The Bank and/or the Company shall provide the Executive (including his heirs, executors and administrators) with coverage under a standard directors' and officers' liability insurance policy at its expense, and shall indemnify Executive (and his heirs, executors and administrators) to the fullest extent permitted under applicable law against all expenses and liabilities reasonably incurred by him in connection with or arising out of any action, suit or proceeding in which he may be involved by reason of his having been an officer of the Bank and/or the Company (whether or not he continues to be an officer at the time of incurring such expenses or liabilities), such expenses and liabilities to include, but not be limited to, judgments, court costs and attorneys' fees and the cost of reasonable settlements (such settlements must be approved by the Board); provided, however, that neither the Bank nor the Company shall be required to indemnify or reimburse Executive for legal expenses or liabilities incurred in connection with an action, suit or proceeding arising from any illegal or fraudulent act committed by Executive. Any such indemnification shall be made consistent with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. ss.1828(k), and the regulations issued thereunder in 12 C.F.R. Part 359.

such courier; (iii) if sent by facsimile, upon electronic or telephonic confirmation of receipt from the receiving facsimile machine and (iv) if sent by mail, three business days following deposit in the United States mail, properly addressed, postage prepaid, certified or registered mail with return receipt requested. All notices required or permitted to be given hereunder shall be addressed as follows:

If to the Executive:       Kevin O'Connor





If to the Company
and the Bank:              Bridgehampton National Bank
                           2200 Montauk Highway
                           Bridgehampton, New York  11932
                           Attention: Chairman of the Board

With a copy to:

                           Luse Gorman Pomerenk & Schick, PC
                           5335 Wisconsin Avenue, NW, Suite 400
                           Washington, DC 20015
                           Attention: John J. Gorman, Esq.

IN WITNESS WHEREOF, the Bank and the Company have caused this Agreement to be executed and the Executive has hereunto set his hand, all as of the Effective Date specified above.

EXECUTIVE

                                                /s/ Kevin O'Connor
-------------------                         ------------------------------------
Date                                                 Kevin O'Connor


                                                     BRIDGEHAMPTON NATIONAL BANK


10/09/2007
-------------------                        By:  /s/ Raymond Wesnofske
                                              ----------------------------------
Date                                                 Raymond Wesnofske
                                                          Chairman of the Board


                                                     BRIDGE BANCORP, INC.


10/09/2007
-------------------                        By: /s/ Raymond Wesnofske
                                              ----------------------------------
Date                                                 Raymond Wesnofske
                                                          Chairman of the Board

BRIDGEHAMPTON NATIONAL BANK

AMENDED AND RESTATED
EMPLOYMENT AGREEMENT
FOR
THOMAS J. TOBIN

This Amended and Restated Employment Agreement ("Agreement") is made effective as of the 9th day of October, 2007 (the "Effective Date"), by and between Bridgehampton National Bank (the "Bank"), with its principal administrative office at 2200 Montauk Highway, Bridgehampton, New York 11932, and Bridge Bancorp, Inc,. the holding company parent of the Bank (the "Company"), on the one hand, and Thomas J. Tobin ("Executive").

WHEREAS, Executive has served as the President and Chief Executive Officer of the Bank and the Company pursuant to the terms of an employment agreement dated as of January 1, 1997, as amended and restated effective as of January 1, 2001 (the "Prior Agreement");

WHEREAS, the parties desire to enter into this Agreement to set forth the terms and conditions for the service by Executive in a revised executive capacity with the Company and the Bank, and to replace and supersede the Prior Agreement in its entirety; and

WHEREAS, the Bank and the Company wish to continue to assure themselves of the services of Executive for the period and under the terms provided in this Agreement; and

WHEREAS, Executive is willing to continue to serve in the employ of the Bank on a for said period and in accordance with the terms of this Agreement; and

WHEREAS, this Agreement is intended to comply with the provisions of
Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"), and the final regulations ("Final Regulations") promulgated thereunder.

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

1. POSITION AND RESPONSIBILITIES.

Effective January 1, 2008, Executive agrees to serve as President Emeritus and Senior Executive Advisor of the Bank and the Company and shall report directly to the Board of Directors. In such capacity, Executive shall support and promote the mission of the Bank and the Company, dialogue with the President and Chief Executive Officer in connection therewith, and perform such other duties and activities as may be directed from time to time by the Board of Directors, which shall be consistent with his position and title. Until December 31, 2007, Executive shall continue as President and Chief Executive Officer of the Bank and the Holding Company. The Executive shall be nominated by the Board of Directors of the Company for election by the shareholders for an additional three (3) year term at the annual meeting of shareholders of the Company to be held following the year ending December 31, 2007, and subject to election by the shareholders of the Company, shall be appointed to the Board of Directors of the

Bank for a three year term ending at the annual meeting of shareholders following the year ending December 31, 2010.

2. TERM AND DUTIES.

(a) The period of Executive's employment under and in accordance with the terms of this Agreement shall commence as of the Effective Date and shall continue through March 2, 2010 (the "Term").

(b) During the period of Executive's employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence, Executive shall devote the business time, attention, skill, and efforts necessary to the faithful performance of his duties hereunder, including activities and services related to the organization, operation and management of the Bank and the Company and participation in community and civic organizations; provided, however, that, with the approval of the Board, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, companies or organizations, which in the Bank's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive's duties pursuant to this Agreement (including such organizations as to which he was associated as of the date of this Agreement).

(c) Executive shall be entitled to the number of weeks vacation to which he was entitled immediately prior to the Effective Date. Executive shall be considered a full-time employee for purposes of the employee benefit plans maintained by the Bank and the Company.

(d) Notwithstanding anything herein to the contrary, Executive's employment with the Bank and the Company may be terminated by the Bank and/or the Bank or by the Executive during the Term of this Agreement, with or without cause, subject to the terms and conditions of this Agreement.

3. COMPENSATION; BENEFITS AND REIMBURSEMENT.

(a) The Bank shall pay Executive as compensation a salary of not less than $320,000 per year ("Base Salary"). Base Salary shall be payable in approximately equal installments in accordance with the Bank's customary payroll practices and may be increased but may not be decreased at any time without the prior written consent of Executive. Any increase in Base Salary shall become the new "Base Salary" for purposes of this Agreement. In addition to the Base Salary provided in this Section 3(a), the Bank shall also provide Executive with all such other benefits as are provided uniformly to full-time employees of the Bank. Executive shall be entitled to participate in any employee benefit plans, arrangements and perquisites generally provided to executive employees. On an annual basis and in connection with each calendar year end, the Board will consider the payment of an annual cash bonus to Executive. The criteria for determining any bonus to be paid Executive shall be consistent with the criteria established for the executive management incentive plan. However, the payment of any cash bonus to Executive is at the discretion of the Board.

(b) In addition to the Base Salary and other benefits provided for by Subsection (a) of this Section 3, the Bank shall pay or reimburse Executive for

all reasonable travel, including the provision of an automobile and other reasonable expenses, including membership in clubs or organizations as mutually agreed to between the Board and Executive and reasonable expenses for attending annual and periodic meetings of trade associations, incurred by Executive performing his obligations under this Agreement and may provide such additional compensation in such form and such amounts as the Board may from time to time determine. Executive shall also be entitled to receive fees in addition to his compensation hereunder for serving as a director of the Company, the Bank, or any subsidiary, on the basis that such fees are paid to other directors.

(c) In addition to the compensation and benefits enumerated above, during the Term of this Agreement Executive shall be entitled to the benefits of a special disability income policy (Guardian Policy No. G718042) and the supplemental retirement income plan with a preretirement death benefit (Guardian Policy No. 3505768) purchased by and at the expense of the Company or the Bank (collectively the "Policies") (provided, further, that the Bank shall not be required to expend more than $10,000 annually with respect to the Policies). Executive shall be the owner of the Policies and shall be entitled to designate the beneficiary or beneficiaries of the Policies. All costs and expenses of the Bank and the Company in connection with the Policies in excess of those that are excludable from Executive's income under applicable law shall be reported as compensation income to Executive and Executive shall be responsible for the payment of any and all taxes related to such amounts.

(d) Executive shall be entitled, without loss of pay, to be absent voluntarily for reasonable periods of time from the performance of the duties and responsibilities under this Agreement. All such voluntary absences shall count as paid vacation time, unless the Board otherwise approves.

(e) Executive shall continue to participate in the supplemental executive retirement plan previously adopted by the Board and as to which Executive was participating as of the Effective Date (the "SERP"), which continued participation shall be on the same terms as were applicable on the Effective Date.

4. PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION; DEATH OR DISABILITY.

(a) Upon the occurrence of an Event of Termination (as herein defined) during Executive's Term of employment under this Agreement, the provisions of this Section 4 shall apply. As used in this Agreement, an "Event of Termination" shall mean and include any one or more of the following: (i) the termination by the Bank or the Company of Executive's full-time employment hereunder for any reason other than a termination following a Change in Control, which is governed by Subsection 5 hereof, or Termination for Cause, as defined in Section 7 hereof; provided further, that an Event of Termination shall not have occurred until and unless the termination of employment constitutes a "Separation from Service" within the meaning of Code Section 409A and the Final Regulations; (ii) Executive's resignation from the Bank's employ upon any: (A) failure to elect Executive as a member of the Board of Directors of the Bank or to nominate Executive for election as a Director of Company at the 2008 annual meeting of shareholders, unless Executive consents to any such event, (B) material change in Executive's function, duties, or responsibilities, which change would cause

Executive's position to become one of lesser responsibility, importance, or scope from the position and attributes thereof described in Section 1, above, unless consented to by Executive, (C) relocation of Executive's principal place of employment to an office other than one located in Southhampton, East Hampton, Shelter Island, Southhold or Riverhead, New York unless consented to by Executive, (D) reduction in the benefits and perquisites to Executive from those being provided as of the effective date of this Agreement (other than discretionary bonus and stock based compensation) unless consented to by Executive, (E) liquidation or dissolution of the Bank or Company, or (F) material breach of this Agreement by the Bank or Company. Upon the occurrence of any event described in clauses (A), (B), (C), (D), (E) or (F), above, Executive shall have the right to elect to terminate his employment under this Agreement by resignation upon not less than six (6) days prior written notice given within ninety (90) days after the event giving rise to said right to elect, provided that the Bank shall have thirty (30) days to cure the condition giving rise to the Event of Termination, and provided further that the Bank may elect to waive such thirty (30) day period.

(b) Upon the occurrence of an Event of Termination, on the Date of Termination, as defined in Subsection 7(b), the Bank shall be obligated to continue pay Executive, or, in the event of his subsequent death (subsequent to the Event of Termination), his beneficiary or beneficiaries, or his estate, as the case may be, his Base Salary for the remaining Term of this Agreement. Such payments shall be made on a bi-weekly basis in approximately equal installments during the remaining Term of the Agreement. In addition, Executive's participation in the SERP (and the Bank's obligations thereunder) shall continue through the remaining Term of the Agreement (on the same basis as if Executive had continued in the employ of the Bank through March 31, 2010).

(c) To the extent that the Bank or the Company continues to offer any life, or non-taxable medical, health, disability or dental insurance plan or arrangement in which Executive participates in on the last day of his employment (each being a "Welfare Plan"), after an Event of Termination, Executive and his dependents shall continue participating in such Welfare Plans, subject to the same premium contributions on the part of Executive as were required immediately prior to the Event of Termination for the remaining Term of this Agreement.

(d) In the event of Executive's death during the Term of this Agreement prior to an Event of Termination, the Executive's estate shall be entitled to receive his accrued and unpaid Base Salary (and any accrued but unpaid bonus) through the date of his death. This Agreement shall thereupon terminate except that any vested rights of Executive shall then be exercised by his estate.

(e) In the event that during the Term of this Agreement, Executive is unable to perform his duties hereunder because he is disabled within the meaning of Code Section 409A and the Final Regulations (a "Disability"), Executive shall be entitled to continue to receive his Base Salary then in effect under Subsection 3(a) hereof, reduced by any benefits payable to Executive under any such policy of disability insurance maintained by the Bank or the Company, and his benefits then in effect as described in Subsection 3(b) hereof until the earlier of (i) two (2) years following the occurrence of the Disability (or until he ceases to be disabled, if earlier), and (ii) the remaining Term of this Agreement. This Agreement shall terminate at the end of such period (unless Executive shall have returned to employment hereunder before that date).

(f) No payments under this Section 4 shall be reduced in the event Executive obtains other employment following termination of employment. Executive shall not be required to mitigate amounts payable pursuant to this Section.

(g) For purposes of this Agreement, a "Separation from Service" shall have occurred if the Bank and Executive reasonably anticipate that no further services will be performed by the Executive after the date of the Event of Termination (whether as an employee or as an independent contractor) or the level of further services performed will not exceed 49% of the average level of bona fide services in the 12 months immediately preceding the Event of Termination. For all purposes hereunder, the definition of "Separation from Service" shall be interpreted consistent with Treasury Regulation Section 1.409A-1(h)(ii).

5. CHANGE IN CONTROL.

(a) For purposes of this Agreement, a "Change in Control" of the Bank or Company shall mean (1) a change in ownership of the Bank under paragraph (i) below, or (2) a change in effective control of the Bank under paragraph (ii) below, or (3) a change in the ownership of a substantial portion of the assets of the Bank under paragraph (iii) below:

(i) Change in the ownership of the Bank. A change in the ownership of the Bank shall occur on the date that any one person, or more than one person acting as a group (as defined in Treasury Regulation Section 1.409A-3(i)(5)(v)(B)), acquires ownership of stock of the corporation that, together with stock held by such person or group, constitutes more than 50% of the total fair market value or total voting power of the stock of such corporation.

(ii) Change in the effective control of the Bank. A change in the effective control of the Bank shall occur on the date that either (A) any one person, or more than one person acting as a group (as defined in Treasury Regulation Section 1.409A-3(i)(5)
(v)(B)), acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or persons) ownership of stock of the Bank possessing 30% or more of the total voting power of the stock of the Bank; or (B) a majority of members of the Bank's Board of Directors is replaced during any 12-month period by Directors whose appointment or election is not endorsed by a majority of the members of the corporation's Board of Directors prior to the date of the appointment or election, provided that this sub-section (B) is inapplicable where a majority shareholder of the Bank is another corporation.

(iii) Change in the ownership of a substantial portion of the Bank's assets. A change in the ownership of a substantial portion of the Bank's assets shall occur on the date that any one person, or more than one person acting as a group (as defined in Treasury Regulation Section 1.409A-3(i)(5)(vii)(C)), acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or persons) assets from the Bank that have a total gross fair market value equal to more than 40% of the total gross fair market value of all of the assets of the Bank immediately prior to such acquisition. For this purpose, gross fair market value means the value of the

assets of the corporation, or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets.

(b) Upon a Change in Control (as defined in (a)), the Bank shall pay Executive, or in the event of his subsequent death (subsequent to the Change in Control), his beneficiary or beneficiaries, or his estate, as the case may be, a lump sum cash payment equal to the annual Base Salary and director's fees, if applicable, Executive would have earned had he continued working for the remaining Term of this Agreement. In addition, the Executive shall be entitled to the benefits provided under the SERP.

(c) Upon the occurrence of a Change in Control, the Bank shall cause to be continued (at such cost to Executive as was in effect immediately prior to the Change in Control), life insurance, and nontaxable medical coverage substantially identical to the coverage maintained by the Bank for the Executive prior to the Change in Control. If, as a result of the Change in Control, continuing employees will become covered under the group health plan of a successor entity, then Executive may be covered under the group health plan of the successor entity. Such health care coverage shall be in addition to (and not concurrent with) COBRA health care continuation coverage. Such coverage shall cease upon the expiration of the remaining Term of this Agreement.

(d) No payment under this Section 5 below shall be reduced in the event Executive obtains other employment following termination of employment. Executive shall not be required to mitigate amounts payable pursuant to this Section. If there is a payment under Section 5, then no payment shall be due under Section 4 of this Agreement.

6. TERMINATION FOR CAUSE.

The term "Termination for Cause" as used in this Agreement shall mean termination because of: (i) the conviction of the Executive of a felony or of any lesser criminal offense involving moral turpitude; (ii) the willful commission by the Executive of a criminal or other act that, in the judgment of the Board of Directors will likely cause substantial economic damage to the Company, the Bank or any subsidiary or substantial injury to the business reputation of the Company, the Bank or any subsidiary; (iii) the commission by the Executive of an act of fraud in the performance of his duties on behalf of the Company, the Bank or any subsidiary; (iv) the continuing willful failure of the Executive to perform his duties to the Company, the Bank or any subsidiary (other than any such failure resulting from the Executive's incapacity due to physical or mental illness) after written notice thereof; (v) a material breach by the Executive of the Bank's Code of Ethics; or (vi) an order of a federal or state regulatory agency or a court of competent jurisdiction requiring the termination of the Executive's employment with the Bank or the Company. For the purposes of this Section 6, no act, or the failure to act, on Executive's part shall be "willful" unless done, or omitted to be done, not in good faith and without reasonable belief that the action or omission was in the best interests of the Bank, the Company or their affiliates. Notwithstanding the foregoing, Termination for Cause shall not be deemed to exist unless there shall have been delivered to the Executive a copy of a resolution duly adopted by the affirmative vote of not less than a majority of the entire membership of the Board at a meeting of the Board called and held for the purpose (after reasonable notice to the Executive and an opportunity for the Executive to be heard before the Board), finding that in the good faith opinion of the Board the Executive was guilty of conduct described above and specifying the particulars

thereof. Prior to holding a meeting at which the Board is to make a final determination whether Termination for Cause exists, if the Board determines in good faith at a meeting of the Board, by not less than a majority of its entire membership, that there is probable cause for it to find that the Executive was guilty of conduct constituting Termination for Cause as described above, the Board may suspend the Executive from his/her duties hereunder for a reasonable period of time not to exceed fourteen (14) days pending a further meeting at which the Executive shall be given the opportunity to be heard before the Board. Executive shall not have the right to receive compensation or other benefits for any period after the date of Termination for Cause.

7. NOTICE.

(a) Any purported termination of Executive's employment by the Bank or by the Executive shall be communicated by Notice of Termination to the other party hereto. For purposes of this Agreement, a "Notice of Termination" shall mean a written notice which shall indicate the Date of Termination and, in the event of termination by the Executive, the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Executive's employment under the provision so indicated. "Date of Termination" shall mean the date specified in the Notice of Termination (which, in the case of a termination for Just Cause, shall be immediate). In no event shall the Date of Termination exceed 30 days from the date Notice of Termination is given.

(b) If, within thirty (30) days after any Notice of Termination is given, the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be on the date on which the dispute is finally determined, either by mutual written agreement of the parties, by a binding arbitration award, or by a final judgment, order or decree of a court of competent jurisdiction (the time for appeal therefrom having expired and no appeal having been perfected) and, provided further, that the Date of Termination shall be extended by a notice of dispute only if such notice is given in good faith and the party giving such notice pursues the resolution of such dispute with reasonable diligence. Notwithstanding the pendency of any such dispute, in the event Executive is terminated for reasons other than Termination for Cause, the Bank will continue to pay Executive his Base Salary in effect when the notice giving rise to the dispute was given until the earlier of: 1) the resolution of the dispute in accordance with this Agreement or 2) the expiration of the remaining Term of this Agreement as determined as of the Date of Termination. Amounts paid under this Section are in addition to all other amounts due under this Agreement and shall not be offset against or reduce any other amounts due under this Agreement.

(c) All notices or other communications required or permitted hereunder shall be made in writing and shall be deemed to have been duly given if delivered by hand or delivered by a recognized delivery service or mailed, postage prepaid, by express, certified or registered mail, return receipt requested, and addressed to the Bank, the Company or Executive, as applicable, at the address set forth above for the Bank and the Company, and to Executive's address contained in the Bank's files.

8. POST-TERMINATION OBLIGATIONS.

All payments and benefits to Executive under this Agreement shall be subject to Executive's compliance with this Section 8 and Section 9. Executive shall, upon reasonable notice, furnish such information and assistance to the Bank as may reasonably be required by the Bank in connection with any litigation in which it or any of its subsidiaries or affiliates is, or may become, a party.

9. NON-COMPETITION AND NON-DISCLOSURE.

(a) Executive recognizes and acknowledges that the knowledge of the business activities and plans for business activities of the Bank, the Company and affiliates thereof, as it may exist from time to time, is a valuable, special and unique asset of the business of the Bank and the Company. Executive will not, during or after the Term of his employment, disclose any knowledge of the past, present, planned or considered business activities of the Bank, the Company or affiliates thereof to any person, firm, corporation, or other entity for any reason or purpose whatsoever. Notwithstanding the foregoing, Executive may disclose any knowledge of banking, financial and/or economic principles, concepts or ideas which are not solely and exclusively derived form the business plans and activities of the Bank. Further, Executive may disclose information regarding the business activities of the Bank to supervising governmental authorities pursuant to a formal regulatory request.

(b) Executive acknowledges and agrees that, because relationships with customers and prospective customers are expected to constitute a large portion of the goodwill of the Bank's business, it is of great importance to the Bank that Executive not solicit the Bank's customers and prospective customers (other than on behalf of the Bank) during the period of employment, and that Executive not solicit such customers and prospective customers during a two (2) year period after termination of Executive's employment, with respect to business, or contracts for any products or services of the type provided, developed or under development by the Bank during Executive's employment by the Bank. Executive agrees that, while the Executive is employed by the Bank and for a period of two
(2) years commencing on the date of termination of Executive's employment with the Bank, Executive shall not, directly or indirectly, solicit (other than on behalf of the Bank) business or contracts for any products or services of the type provided, developed or under development by the Bank during Executive's employment by the Bank, from or with (i) any person or entity that was a customer of the Bank for such products or services as of, or within one year before, Executive's termination, or (ii) any prospective customer that the Bank was actively soliciting as of, or within one (1) year before Executive's termination.

(c) Executive agrees that while the Executive is employed by the Bank and for a period of two (2) years commencing on the date of termination of Executive's employment with the Bank, Executive shall not solicit, offer employment to, or take any other action intended (or that a reasonable person acting in like circumstances would expect) to have the effect of causing any officer or employee of the Bank, the Company or any of their respective subsidiaries or affiliates to terminate his or her employment and accept employment or become affiliated with, or provide services for compensation in any capacity whatsoever to, any business or other organization.

(d) For a period of two (2) years commencing on the date of termination of Executive's employment with the Bank, Executive shall not, without the consent of the Company or the Bank, become an officer, employee, consultant, director, independent contractor, agent, sole proprietor, joint venturer, greater than 5% equity-owner or stockholder, partner or trustee of any savings bank, savings and loan association, savings and loan holding company, credit union, bank or bank holding company, insurance company or agency, any mortgage or loan broker or any other entity that has headquarters or offices within Suffolk County, New York, provided that this restriction shall not apply if the Executive's employment is terminated following a Change in Control.

(e) In the event of a breach or threatened breach by Executive of the provisions of this Section, the Bank will be entitled to seek and obtain injunctive relief. Nothing herein will be construed as prohibiting the Bank from pursuing any other remedies available to the Bank for such breach or threatened breach, including the recovery of damages from Executive.

10. SOURCE OF PAYMENTS.

All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company. In the event any amount becomes vested and payable under more than one provision of this Agreement, Executive shall not be entitled to receive a duplicate payment of any such amount nor shall Executive be entitled to receive duplicate payments from both the Bank and Company.

11. EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFIT PLANS.

This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement or change in control agreement between the Bank, and the Company and Executive, including in particular but without limitation the Prior Agreement. Accordingly, the Prior Agreement is hereby superseded and terminated. This Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive of a kind elsewhere provided. Except for termination of the Prior Agreement, no provision of this Agreement shall be interpreted to mean that Executive is subject to receiving fewer benefits than those available to him without reference to this Agreement.

12. NO ATTACHMENT.

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

(b) This Agreement shall be binding upon, and inure to the benefit of, Executive, the Bank, the Company and their respective successors and assigns.

13. MODIFICATION AND WAIVER.

(a) This Agreement may not be modified or amended except by an instrument in writing signed by the parties hereto.

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

14. REQUIRED PROVISIONS.

Notwithstanding any other provision in this Agreement, (i) the Bank or the Company may terminate or suspend this Agreement and the employment of the Executive hereunder, as if such termination were a Termination for Cause to the extent required by the laws of the State of New York related to banking, by applicable federal law relating to deposit insurance or bank holding companies or by regulations or orders issued by the Banking Commissioner of the State of New York, the Comptroller of the Currency, the Federal Deposit Insurance Corporation or the Board of Governors of the Federal Reserve System and (ii) no payment shall be required to be made to Executive under this Agreement to the extent such payment is prohibited by applicable law regulation or order issued by a banking agency or a court of competent jurisdiction; provided, that it shall be the Bank's or the Company's burden to prove that any such action was so required. Without limiting the foregoing, all payment to Executive under this Agreement are subject and conditioned upon compliance with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. Section 1828(k), and the regulations promulgated thereunder in 12 C.F.R. part 359.

15. SEVERABILITY.

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

16. HEADINGS FOR REFERENCE ONLY.

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

17. GOVERNING LAW.

The validity, interpretation, performance and enforcement of this Agreement shall be governed by the laws of the State of New York.

18. ARBITRATION.

Any dispute or controversy arising or in connection with this Agreement shall be settled exclusively by arbitration, conducted before a panel of three arbitrators sitting in a location selected by Executive within fifty (50) miles from the location of the Bank, in accordance with the rules of the American Arbitration Association then in effect. Judgment may be entered on the arbitrator's award in any court having jurisdiction; provided, however, that Executive shall be entitled to seek specific performance of his right to be paid until the Date of Termination during the pendency of any dispute or controversy arising under or in connection with this Agreement.

19. PAYMENT OF COSTS AND LEGAL FEES.

In the event any dispute or controversy arising under or in connection with Executive's termination is resolved in favor of the Executive, whether by judgment, arbitration or settlement, Executive shall be entitled to (1) the reimbursement of all legal fees and costs incurred by Executive in resolving such dispute or controversy, which shall be advanced to Executive as incurred during the pendency of the controversy provided Executive signs an undertaking to return the advancements in the event his position is not substantially upheld, and (2) any back-pay, including salary, bonuses and any other cash compensation, fringe, benefits and any compensation and benefits due Executive under this Agreement plus interest on such amounts at the prime rate (defined as the base rate on corporate loans at large U.S. money center commercial banks as published by The Wall Street Journal), compounded monthly, for the period from the date the payment is due until the payment is made. Such payments or reimbursements shall be made not later than thirty days following the date such dispute is resolved in Executive's favor.

20. INDEMNIFICATION.

The Bank shall provide Executive (including his heirs, executors and administrators) with coverage under a standard directors' and officers' liability insurance policy at its expense and shall indemnify Executive (and his heirs, executors and administrators) to the fullest extent permitted and until the expiration of any period of limitations under federal and New York law against all expenses and liabilities reasonably incurred by him in connection with or arising out of any action, suit or proceeding in which he may be involved by reason of his having been a director or officer of the Bank (whether or not he continues to be a director or officer at the time of incurring such expenses or liabilities), such expenses and liabilities to include, but not be limited to, judgments, court costs and advancement of attorneys' fees and cost of reasonable settlements.

21. SUCCESSOR TO THE BANK.

The Bank shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Bank or the Company, expressly and unconditionally to assume to perform the Bank's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place. Failure of the Bank to obtain such agreement prior to the effectiveness of a succession shall be a breach of this Agreement and shall entitle Executive to payments and benefits from the Bank or Company and such successor in the same amount and on the same terms as he would be entitled pursuant to Sections 5 and 6 above. For purposes of implementing the foregoing, the date on which any such succession becomes effective shall be deemed the Date of Termination.

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IN WITNESS WHEREOF, Bridgehampton National Bank and Bridge Bancorp, Inc. have caused this Agreement to be executed by their duly authorized officers and directors, and Executive has signed this Agreement, on the 9th day of October 2007.

BRIDGEHAMPTION NATIONAL BANK

By:/s/ Raymond Wesnofske
   ------------------------
   Name:Raymond Wesnofske
   Title: Chairman of the Board

BRIDGE BANCORP, INC.

By:/s/ Raymond Wesnofske
   ------------------------
   Name:Raymond Wesnofske
   Title: Chairman of the Board

   /s/ Thomas J. Tobin
---------------------------
         Thomas J. Tobin