ASTORIAFEDERAL SAVINGS AND LOAN ASSOCIATION SUPPLEMENTALBENEFIT PLAN Asamended effective January 1, 2009

For purposes of calculating amounts under (i) and (ii) above, the provisions of the Qualified Plan shall be deemed not to reflect any of the limitations contained in the Internal Revenue Code with respect to benefits payable or compensation.

(b) Benefits shall be payable-commencing in the later of the month after the Participant's 65th birthday or month following the month in which the Participant terminates employment unless, within thirty (30) days after first becoming a Participant (or, if later, December 31, 2008 with respect to benefits payable after December 31, 2008) the Participant elects that payments begin at termination of employment or on a specified date after termination of employment but before attainment of age 65.   Benefits shall be payable in the form of a single life annuity for the life of the Participant unless, within thirty (30) days after first becoming a Participant (or, if later, December 31, 2008 with respect to benefits payable after December 31, 2008) the Participant elects that payments be made in another optional form of payment permitted under the Qualified Plan or in a lump sum.  Payments made in the form of an optional form of benefit or a lump sum shall be determined using the applicable interest rate and mortality assumptions in effect under the Qualified Plan when the benefit calculation is made.  In the case of a payment election after December 31, 2008 by a Participant who also participates in the Astoria Federal Savings and Loan Association Excess Benefit Plan, any payment election under this Plan must be concurrent with, and the same in all respects as, the payment election under the Excess Benefit Plan.

date of payment.  Such an election shall be made within thirty (30) days after first becoming a Participant or, if later in the case of benefits payable after December 31, 2008, no later than December 31, 2008.   In the case of a payment election after December 31, 2008 by a Participant who also participates in the Astoria Federal Savings and Loan Association Excess Benefit Plan, any payment election under this Plan must be concurrent with, and the same in all respects as, the payment election under the Excess Benefit Plan.

           (d) Notwithstanding anything in the Plan to the contrary any benefit under the Plan that becomes payable due to a Participant's termination of employment shall (a) if necessary, be deferred to and payable on (or commencing on) the earliest date on which the Participant has a "separation from service" (within the meaning of section 409A of the Code) and (b) if the Participant is a "specified employee" (within the meaning of section 409A of the Code on the date of his separation from service shall be further deferred to the first day of the seventh calendar month to begin after separation from service.  The amount of any payments scheduled to be made during the deferral period shall be paid, with interest at the rate of six percent (6%) per annum, compounded annually from the scheduled payment date to the end of the required deferral period, immediately following the end of any required deferral period.

The Committee shall have full responsibility for the management, operation, interpretation and administration of the Plan in accordance with its terms, and shall have such authority as is necessary or appropriate in carrying out its responsibilities.  Actions taken by the Committee pursuant to this Section 4.01 shall be conclusive and binding upon the Association, Participants, former Participants, beneficiaries, and other interested parties.  All decisions, interpretations, and actions made by the Committee shall at all times be consistent with the requirements of the Qualified Retirement Plan as if that plan could have provided the benefits described herein.

The Plan shall be unfunded. Neither the Association nor the Committee nor its individual members shall segregate or otherwise identify specific assets to be applied to the purposes of the Plan, nor shall any of them be deemed to be a trustee of any amounts to be paid under the Plan. Any liability of the Association to any person with respect to benefits payable under the Plan shall be based solely upon such contractual obligations, if any, as shall be created by the Plan, and shall give rise only to a claim against the general assets of the Association. No such liability shall be deemed to be secured by any pledge or any encumbrance on any specific property of the Association.

The Plan is not intended to comply with any other requirements of Section 401(a) of the Internal Revenue Code. The Plan shall be administered and construed so as to effectuate this intent.