SEVERANCE AGREEMENT by and between BELMONT SAVINGS BANK and ROBERT M. MAHONEYSeverance Agreement • March 27th, 2012 • BSB Bancorp, Inc. • State commercial banks • Massachusetts
This Severance Agreement (the “Agreement”) is made and entered into as of July 27, 2011 (the “Execution Date”), by and between Belmont Savings Bank, a Massachusetts-chartered savings bank with its principal administrative office at Two Leonard Street, Belmont, MA 02478 (together with its successors and assigns, the “Bank”) and Robert M. Mahoney (“Executive”).
BELMONT SAVINGS BANK Two Leonard Street Belmont, Massachusetts 02478-2511 DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
AGREEMENT made and entered into as of this 1st day of December, 1998, by and between Belmont Savings Bank, a Massachusetts savings bank corporation organized under Massachusetts General Laws, Chapter 168, with its principal office and place of business at Two Leonard Street, Belmont, Massachusetts (hereinafter referred to as the “Bank”) and Patricia W. Hawkins, an individual who is currently serving as a Trustee of the Bank (hereinafter referred to as the (“Trustee”).
BELMONT SAVINGS BANK Two Leonard Street Belmont, Massachusetts 02478-2511 DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
AGREEMENT made and entered into as of this 21st day of December, 2006, by and between Belmont Savings Bank, a Massachusetts savings bank corporation organized under Massachusetts General Laws, Chapter 168, with its principal office and place of business at Two Leonard Street, Belmont, Massachusetts (hereinafter referred to as the “Bank”) and John A. Borelli, an individual who is currently serving as a Trustee of the Bank (hereinafter referred to as the “Trustee”).
BSB BANCORP, INC. (a Maryland corporation) Up to 7,820,000 Shares (Subject to increase up to 8,993,000 shares) COMMON SHARES ($0.01 Par Value) Offering Price $10.00 Per Share AGENCY AGREEMENT August 12, 2011Agency Agreement • August 17th, 2011 • BSB Bancorp, Inc. • State commercial banks • New York
March 28, 2011Appraisal Services Agreement • June 9th, 2011 • BSB Bancorp, Inc.
This letter sets forth the agreement between BSB Bancorp, MHC (the “MHC”) and Belmont Savings Bank, Belmont, Massachusetts (collectively, the “Bank”), and RP® Financial, LC. (“RP Financial”) for independent conversion appraisal services pertaining to the Bank’s simultaneous holding company formation and mutual-to-stock conversion. The specific appraisal services to be rendered by RP Financial are described below. These services will be conducted by our senior consulting staff and will be directed by the undersigned.
AMENDED AND RESTATED SUPPLEMENTAL RETIREMENT AGREEMENTSupplemental Retirement Agreement • February 19th, 2014 • BSB Bancorp, Inc. • State commercial banks • Massachusetts
THIS AMENDED AND RESTATED SUPPLEMENTAL RETIREMENT AGREEMENT (“Agreement”) is entered into as of February 12, 2014, by and between Belmont Savings Bank, a Massachusetts savings bank with its principal place of business in Belmont, Massachusetts ( “Bank”), and John A. Citrano ( “Executive”):
FIRST AMENDMENT TO AMENDED AND RESTATED SUPPLEMENTAL RETIREMENT AGREEMENTSupplemental Retirement Agreement • December 2nd, 2014 • BSB Bancorp, Inc. • State commercial banks
WHEREAS, Belmont Savings Bank, a Massachusetts savings bank with its principal place of business in Belmont, Massachusetts (the “Bank”) and John A. Citrano (“Executive”) have entered into an Amended and Restated Supplemental Retirement Agreement, effective February 12, 2014 (“Agreement”), which Agreement superseded and replaced the Restated Supplemental Retirement Agreement between the Bank and the Executive, dated December 23, 2008 (“Prior Agreement”); and
BELMONT SAVINGS BANK Two Leonard Street Belmont, Massachusetts 02478-2511 DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
AGREEMENT made and entered into as of this 19 day of December, 2006, by and between Belmont Savings Bank, a Massachusetts savings bank corporation organized under Massachusetts General Laws, Chapter 168, with its principal office and place of business at Two Leonard Street, Belmont, Massachusetts (hereinafter referred to as the “Bank”) and JOHN W. GAHAN III, an individual who is currently serving as a Trustee of the Bank (hereinafter referred to as the “Trustee”).
BELMONT SAVINGS BANK Two Leonard Street Belmont, Massachusetts 02478-2511 DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
AGREEMENT made and entered into as of this 30th day of November, 1998, by and between Belmont Savings Bank, a Massachusetts savings bank corporation organized under Massachusetts General Laws, Chapter 168, with its principal office and place of business at Two Leonard Street, Belmont, Massachusetts (hereinafter referred to as the “Bank”) and Robert J. Morrissey, an individual who is currently serving as a Trustee of the Bank (hereinafter referred to as the (“Trustee”).
RESTATED SUPPLEMENTAL RETIREMENT AGREEMENTSupplemental Retirement Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
THIS RESTATED SUPPLEMENTAL RETIREMENT AGREEMENT made and entered into as of the 23RD day of December, 2008, by and between Belmont Savings Bank, a Massachusetts savings bank with its principal place of business in Belmont, Massachusetts (hereinafter referred to as the “Bank” or in its capacity as the owner of the life insurance policies referred to herein, the “Owner”), and John A. Citrano, of Bedford, Massachusetts (hereinafter in his capacity as an executive employee of the Bank referred to as the “Executive”):
SEVERANCE AGREEMENT by and between BELMONT SAVINGS BANK and CARROLL M. LOWENSTEIN, JR.Severance Agreement • November 8th, 2017 • BSB Bancorp, Inc. • State commercial banks • Massachusetts
This Severance Agreement (the "Agreement") is made and entered into as of November 3, 2017 (the "Execution Date"), by and between Belmont Savings Bank, a Massachusetts-chartered savings bank with its principal administrative office at Two Leonard Street, Belmont, MA 02478 (together with its successors and assigns, the "Bank") and Carroll M. Lowenstein, Jr. ("Executive").
BSB BANCORP, INC. PHANTOM STOCK AGREEMENTPhantom Stock Agreement • November 2nd, 2018 • BSB Bancorp, Inc. • State commercial banks • Maryland
THIS AGREEMENT is made by and between BSB BANCORP, INC., a Maryland corporation (the “Company”), and M. PATRICIA BRUSCH (the “Director”).
ADOPTION AGREEMENTAdoption Agreement • March 14th, 2014 • BSB Bancorp, Inc. • State commercial banks
The Plan is intended to be a “plan which is unfunded and is maintained by an employer primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees” within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of the Employee Retirement Income Security Act of 1974, as amended, or an “excess benefit plan” within the meaning of Section 3(36) of the Employee Retirement Income Security Act of 1974, as amended, or a combination of both. The Plan is further intended to conform with the requirements of Internal Revenue Code Section 409A and the final regulations issued thereunder and shall be interpreted, implemented and administered in a manner consistent therewith.
FORM OF RESTRICTED STOCK AGREEMENT RESTRICTED STOCK AWARD AGREEMENT Granted by BSB BANCORP, INC. under the BSB BANCORP, INC.Restricted Stock Award Agreement • March 20th, 2017 • BSB Bancorp, Inc. • State commercial banks • Massachusetts
This Restricted Stock Award Agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the 2017 Equity Incentive Plan (the “Plan”) of BSB Bancorp, Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided or made available to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the “Participant”) hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term
