RESTATED FLUSHING SAVINGS BANK, FSB SUPPLEMENTAL SAVINGS INCENTIVE PLAN
(Restated as of January 1, 2002)
Unless otherwise required by the context, the capitalized terms used herein without definition are defined in the
Flushing Savings Bank, FSB 401(k) Savings Plan (the "401(k) Plan") and shall have the same meanings as used
The following terms shall have the meanings set forth below when used in this Supplemental Savings Incentive
Plan (the "Plan"):
(a) Deferral Credit - the amount of a Participant's compensation deferred pursuant to the Plan.
(b) Matching Credit - the amount credited pursuant to the Plan by Flushing Savings Bank, FSB (the "Bank") on
behalf of a Participant equal to 50% of the Participant's Deferral Credit, or such other percentage of the
Participant's Deferral Credit as may be determined on a prospective basis by resolution of the Board of the
(c) Supplemental Credit - the amount credited pursuant to the Plan by the Bank equal to the amount that would
have been contributed to a Participant's account under the Flushing Financial Corporation Stock-Based Profit
Sharing Plan (the "Profit Sharing Plan") but for the limitations imposed by the Internal Revenue Code (the
"Code"), including without limitation, Section 401(a)(17), Section 415, and the exclusion from Compensation (as
defined in the Profit Sharing Plan) of amounts deferred under this Plan (collectively, the "Code Limitations").
1. PURPOSE OF THE PLAN
The purpose of this Plan is (i) to provide a procedure whereby certain senior officers of the Bank are permitted
to defer a portion of their compensation and to receive Matching Credits with respect to such deferrals, and (ii)
to provide Supplemental Credits for certain senior officers whose benefits under the Profit Sharing Plan are
subject to the Code Limitations. It is intended that the Plan be an unfunded plan of deferred compensation
covering a select group of highly compensated or management employees.