Up to 5,750,000 Shares Peoples Federal Bancshares, Inc. (a Maryland corporation) Common Stock (par value $0.01 per share) AGENCY AGREEMENTAgency Agreement • May 4th, 2010 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • New York
AGREEMENT AND PLAN OF MERGER DATED AS OF AUGUST 5, 2014 BY AND AMONG INDEPENDENT BANK CORP., ROCKLAND TRUST COMPANY, PEOPLES FEDERAL BANCSHARES, INC., AND PEOPLES FEDERAL SAVINGS BANKMerger Agreement • August 12th, 2014 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • Massachusetts
This AGREEMENT AND PLAN OF MERGER (this “Agreement”) is dated as of August 5, 2014, by and among Independent Bank Corp. (“Buyer”), Rockland Trust Company, a wholly owned subsidiary of Buyer (“Buyer Bank”), Peoples Federal Bancshares, Inc. (“Company”), and Peoples Federal Savings Bank, a wholly owned subsidiary of Company (“Company Bank”). Capitalized terms used in this Agreement are defined to have the meaning set forth in Article VIII.
PEOPLES FEDERAL BANCSHARES, INC. EMPLOYMENT AGREEMENTEmployment Agreement • September 24th, 2010 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • Massachusetts
THIS EMPLOYMENT AGREEMENT (“Agreement”) is made effective as of September 21, 2010 (the “Effective Date”), by and between Peoples Federal Bancshares, Inc. (the “Company”), a Maryland corporation, with its principal offices located at 435 Market Street, Boston, Massachusetts 02135, and Thomas J. Leetch, Jr. (“Executive”). Any reference herein to the “Bank” shall refer to Peoples Federal Savings Bank, the wholly-owned subsidiary of the Company.
PEOPLES FEDERAL SAVINGS BANK AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • March 17th, 2010 • Peoples Federal Bancshares, Inc. • Massachusetts
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) is made effective as of December 16, 2008 (the “Effective Date”), by and between Peoples Federal Savings Bank (the “Bank”), a federally chartered financial institution, with its principal offices located at 435 Market Street, Boston, Massachusetts 02135, and James J. Gavin (“Executive”).
PEOPLES FEDERAL SAVINGS BANK DIRECTOR RETIREMENT AGREEMENTDirector Retirement Agreement • March 17th, 2010 • Peoples Federal Bancshares, Inc. • Massachusetts
THIS DIRECTOR RETIREMENT AGREEMENT (the “Agreement”) is adopted this 29th day of November, 2004, by and between PEOPLES FEDERAL SAVINGS BANK, a federally-chartered corporation located in Boston, Massachusetts (the “Bank”), and MAURICE H. SULLIVAN, JR, (the “Director”).
SETTLEMENT AGREEMENTSettlement Agreement • August 12th, 2014 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • Massachusetts
This Settlement Agreement (the “Agreement”) is entered into as of August 5, 2014 by and among Maurice H. Sullivan, Jr. (the “Executive”), Independent Bank Corp., a Massachusetts corporation, and Rockland Trust Company, a wholly owned subsidiary of Independent Bank Corp. (collectively, “Buyer”), Peoples Federal Bancshares, Inc., a Maryland corporation (“Seller”) and Peoples Federal Savings Bank, a wholly owned subsidiary of the Seller (“Seller Bank”).
PEOPLES FEDERAL SAVINGS BANK SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • December 13th, 2011 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • Massachusetts
THIS SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 29th day of November, 2004, by and between PEOPLES FEDERAL SAVINGS BANK, a federally-chartered corporation located in Boston, Massachusetts (the “Bank”), and CHRISTOPHER LAKE (the “Executive”).
CONSULTING AND NON-COMPETITION AGREEMENT PartiesConsulting and Non-Competition Agreement • August 12th, 2014 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • Massachusetts
This Consulting and Non-Competition Agreement (the “Agreement”) is by and between Rockland Trust Company, a Massachusetts-chartered trust company of 288 Union Street, Rockland, Massachusetts 02370 (the “Company”), and Maurice H. Sullivan, Jr. (the “Consultant”).
SETTLEMENT AGREEMENTSettlement Agreement • August 12th, 2014 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • Massachusetts
This Settlement Agreement (the “Agreement”) is entered into as of August 5, 2014 by and among Christopher Lake (“Executive”), Independent Bank Corp., a Massachusetts corporation, and Rockland Trust Company, a wholly owned subsidiary of Independent Bank Corp. (collectively, “Buyer”), Peoples Federal Bancshares, Inc., a Maryland corporation (“Seller”) and Peoples Federal Savings Bank, a wholly owned subsidiary of the Seller (“Seller Bank”).
Up to 5,750,000 Shares (subject to increase up to 6,612,500 shares) Peoples Federal Bancshares, Inc. (a Maryland corporation) Common Stock (par value $0.01 per share) AGENCY AGREEMENT May 14, 2010 SANDLER O'NEILL & PARTNERS, L.P. 919 Third Avenue, 6th...Agency Agreement • May 20th, 2010 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • New York
SECOND AMENDMENT TO SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • April 18th, 2011 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered
This Second Amendment (the “Amendment”) to the Salary Continuation Agreement, dated as of September 13, 2006 and as amended December 16, 2008 (the “Agreement”), by and among Peoples Federal Bancshares, Inc. (the “Company”), as successor to Peoples Federal MHC, and Maurice H. Sullivan, Jr. (the “Executive”) is effective as of March 1, 2011. Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.
VOTING AGREEMENTVoting Agreement • August 12th, 2014 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • Massachusetts
THIS VOTING AGREEMENT (this “Agreement”) is dated as of August 5, 2014, by and between the undersigned holder (“Shareholder”) of Company Common Stock, par value $.01 per share, of Peoples Federal Bancshares, Inc., a Maryland corporation (“Company”), and Independent Bank Corp., a Massachusetts corporation (“Buyer”). All capitalized terms used but not defined herein shall have the meanings assigned to them in the Merger Agreement (defined below).
AMENDMENT ONE TO EMPLOYMENT AGREEMENTEmployment Agreement • January 18th, 2013 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered
This Amendment One to the Employment Agreement, dated December 16, 2008 (“Employment Agreement”), by and between Peoples Federal Savings Bank (the “Bank”) and ______________ (“Executive”) is effective as of January 15, 2013.
AMENDED AND RESTATED PEOPLES FEDERAL SAVINGS BANK SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • March 17th, 2010 • Peoples Federal Bancshares, Inc. • Massachusetts
THIS AMENDED & RESTATED PEOPLES FEDERAL SAVINGS BANK SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 6th day of July, 2006, by and between PEOPLES FEDERAL SAVINGS BANK, a federally-chartered corporation located in Boston, Massachusetts (the “Bank”) and THOMAS J. LEETCH (the “Executive”).
PEOPLES FEDERAL MHC SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • March 17th, 2010 • Peoples Federal Bancshares, Inc. • Massachusetts
THIS SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 13th day of September, 2006, by and between PEOPLES FEDERAL MHC, a corporation located in Boston, Massachusetts (the “Company”) and MAURICE H. SULLIVAN, JR. (the “Executive”).
SECOND AMENDMENT TO AMENDED AND RESTATED SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • April 18th, 2011 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered
This Second Amendment (the “Amendment”) to the Amended and Restated Salary Continuation Agreement, dated as of July 6, 2006 and as amended December 16, 2008 (the “Agreement”), by and among Peoples Federal Savings Bank (the “Bank”) and Thomas J. Leetch (the “Executive”) is effective as of March 1, 2011. Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.
SECOND AMENDMENT TO SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • April 18th, 2011 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered
This Second Amendment (the “Amendment”) to the Salary Continuation Agreement, dated as of November 29, 2004 and as amended December 16, 2008 (the “Agreement”), by and among Peoples Federal Savings Bank (the “Bank”) and James J. Gavin (the “Executive”) is effective as of March 1, 2011. Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.
SECOND AMENDMENT TO SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • April 18th, 2011 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered
This Second Amendment (the “Amendment”) to the Salary Continuation Agreement, dated as of November 29, 2004 and as amended December 16, 2008 (the “Agreement”), by and among Peoples Federal Savings Bank (the “Bank”) and Christopher Lake (the “Executive”) is effective as of March 1, 2011. Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.
SECOND AMENDMENT TO DIRECTOR RETIREMENT AGREEMENTDirector Retirement Agreement • April 18th, 2011 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered
This Second Amendment (the “Amendment”) to the Director Retirement Agreement, dated as of November 29, 2004 and as amended December 16, 2008 (the “Agreement”), by and among Peoples Federal Savings Bank (the “Bank”) and Maurice H. Sullivan, Jr. (the “Director”) is effective as of March 1, 2011. Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.
RP® FINANCIAL, LC. Serving the Financial Services Industry Since 1988 February 12, 2010Appraisal Services Agreement • March 17th, 2010 • Peoples Federal Bancshares, Inc.
This letter sets forth the agreement between Peoples Federal MHC and Peoples Federal Savings Bank, Brighton, Massachusetts (collectively, the “Bank”), and RP® Financial, LC. (“RP Financial”) for the independent appraisal services in connection with the stock to be issued concurrent with the mutual-to-stock conversion transaction and holding company reorganization. The specific appraisal services to be rendered by RP Financial are described below.
PEOPLES FEDERAL MHC AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • March 17th, 2010 • Peoples Federal Bancshares, Inc. • Massachusetts
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) is made effective as of December 16, 2008 (the “Effective Date”), by and between Peoples Federal MHC (the “Company”), a federally chartered mutual holding company, with its principal offices located at 435 Market Street, Boston, Massachusetts 02135, and Maurice H. Sullivan, Jr. (“Executive”).
