exhibit 10. 1 state bancorp, inc. exhibit a voluntary exit window program election form instructions please carefully read the memorandum dated march 30, 2007 that describes the terms of the voluntary exit window program. please complete this form, sign and date it and return it to mary e. durkin to inform us of your decision whether to participate. please return the completed and signed form no later than may 31, 2007. instructions please carefully read the memorandum dated march 30, 2007 that describes the terms of the voluntary exit window program. please complete this form, sign and date it and return it to mary e. durkin to inform us of your decision whether to participate. please return the completed and signed form no later than may 31, 2007. i have received and read the memorandum dated march 30, 2007 regarding the voluntary exit window program. i understand that i am eligible to participate in this program and understand the benefits available to me if i elect to participate. i make the following election [ check one box ] : [ x ] [ x ] yes. i elect to participate in the voluntary exit window program and voluntarily terminate my employment at the close of business on june 29, 2007. i understand that the following actions are needed to perfect my participation : 1. i have signed and attach to this election form my employment terminationagreement. 2. i understand that i must sign and deliver the release attached to the memorandum asexhibit c on june 29, 2007. 3. i understand that i must allow the release to become irrevocable. yes. i elect to participate in the voluntary exit window program and voluntarily terminate my employment at the close of business on june 29, 2007. i understand that the following actions are needed to perfect my participation : 1. i have signed and attach to this election form my employment terminationagreement. 2. i understand that i must sign and deliver the release attached to the memorandum asexhibit c on june 29, 2007. 3. i understand that i must allow the release to become irrevocable. no. i elect not to participate in the voluntary exit window program. no. i elect not to participate in the voluntary exit window program. i acknowledge that ( a ) the election to terminate my employment that i have made above is a voluntary decision on my part ; ( b ) i may not change my election once have i filed this form and the employment termination agreement ; and ( c ) i have been advised