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Employment Agreement

NORTHFIELD SAVINGS BANK

EMPLOYMENT AGREEMENT

This Agreement (this ?Agreement?) is made effective as of the 1st day of July, 2006 (the ?Effective Date?), by and between Northfield Savings Bank (the ?Bank?), a New York-chartered savings bank with its principal offices at 1731 Victory Boulevard, Staten Island, New York 10314-3598, and Kenneth J. Doherty (?Executive?).

WHEREAS, the Bank is a wholly-owned subsidiary of Northfield Holdings Corp., a corporation organized under the laws of the State of New York (the ?Company?). The Company is a wholly-owned subsidiary of NSB Holding Corp., a New York-chartered mutual holding company (the ?Mutual Holding Company?). The Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; and

WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis as its Executive Vice President and Senior Lending Officer on the terms and conditions hereinafter set forth.

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

1. POSITION AND RESPONSIBILITIES.

During the term of Executive?s employment hereunder, Executive agrees to serve as the Executive Vice President and Senior Lending Officer of the Bank. Executive shall perform administrative and management services for the Bank which are customarily performed by persons in a similar executive officer capacity. During said period, Executive also agrees to serve as an officer and director of any subsidiary of the Bank or the Company, if elected.

2. TERM OF EMPLOYMENT.

(a) The term of Executive?s employment under this Agreement shall commence as of the Effective Date and shall continue thereafter for a period of three (3) years. Commencing on the first anniversary date of this Agreement (the ?Anniversary Date?) and continuing on each Anniversary Date thereafter, the term of this Agreement shall renew for an additional year such that the remaining term of this Agreement is always three (3) years, unless written notice of non-renewal (a ?Non-Renewal Notice?) is provided to Executive at least thirty (30) days and not more than sixty (60) days prior to such Anniversary Date, in which case the term of this Agreement shall become fixed and shall end three (3) years following such Anniversary Date. The disinterested members of the Board of Directors (the ?Board?) of the Bank will conduct a performance evaluation and review of Executive annually for purposes of determining whether to give notice not to extend the term of this Agreement, and the results thereof shall be included in the minutes of the Board?s meeting.

(b) Notwithstanding anything contained in this Agreement to the contrary, either Executive or the Bank may terminate Executive?s employment with the Bank at any time during the term of this Agreement, subject to the terms and conditions of this Agreement.

3. COMPENSATION AND REIMBURSEMENT.

(a) The compensation specified under this Agreement shall constitute consideration paid by the Bank in exchange for duties described in Section 1 of this Agreement. The Bank shall pay Executive, as compensation, a salary of not less than $212,000 per year (?Base Salary?). Base Salary shall include any amounts of compensation deferred by Executive under any employee benefit plan or deferred compensation arrangement maintained by the Bank. Such Base Salary shall be payable bi-weekly or, if different, in accordance with the Bank?s customary payroll practices. During the term of this Agreement, Executive?s Base Salary shall be reviewed at least annually by the 31^st day of each January. Such review shall be conducted by the Board or by a committee designated by the Board. The committee or the Board may increase (but not decrease) Executive?s Base Salary at any time. Any increase in Base Salary shall become the ?Base Salary? for purposes of this Agreement. The Board may engage the services of an independent consultant to determine the appropriate Base Salary. In addition to the Base Salary provided in this Section, the Bank shall also provide Executive with all such other benefits as are provided uniformly to full-time employees of the Bank, on the same basis (including cost) that such benefits are provided to other senior officers of the Bank.

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