PB BANCORP, INC. (a Maryland corporation) Up to 3,953,125 Shares (Subject to increase to up to 4,546,094 shares) COMMON STOCK ($0.01 Par Value) Offering Price $8.00 Per Share AGENCY AGREEMENTAgency Agreement • September 11th, 2015 • PB Bancorp, Inc. • New York
CHANGE IN CONTROL AGREEMENTChange in Control Agreement • February 12th, 2019 • PB Bancorp, Inc. • Savings institution, federally chartered • Connecticut
This Change in Control Agreement (“Agreement”) is made as of the 19th day of December, 2018 by and between PB Bancorp, Inc., a Maryland corporation (the “Company”), its wholly-owned subsidiary, Putnam Bank (the “Bank” and, together with the Company, the “Employers”) and Robert J. Halloran, Jr. (the “Executive”).
NON-QUALIFIED STOCK OPTION AWARD AGREEMENTNon-Qualified Stock Option Award Agreement • April 4th, 2017 • PB Bancorp, Inc. • Savings institution, federally chartered • Connecticut
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2017 Equity Incentive Plan (the “Plan”) of PB 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 stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, 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 Compensation Committee of the Board of Directors of the Company (“Committee”) 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 “Company” will include the parent and all present and futur
INCENTIVE STOCK OPTION AWARD AGREEMENTIncentive Stock Option Award Agreement • April 4th, 2017 • PB Bancorp, Inc. • Savings institution, federally chartered • Connecticut
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2017 Equity Incentive Plan (the “Plan”) of PB 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 to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, 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 Compensation Committee of the Board of Directors of the Company (“Committee”) 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 “Company” will include the parent and all present and future subsidiaries of th
RP® FINANCIAL, LC.Appraisal Services Agreement • September 11th, 2015 • PB Bancorp, Inc.
This letter sets forth the agreement between Putnam Bank, Putnam, Connecticut (the “Bank”), the wholly-owned subsidiary of PSB Holdings, Inc. (the “Company”), which in turn is the majority-owned subsidiary of Putnam Bancorp, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second-step conversion transaction by the MHC. The scope, timing and fee structure for these appraisal services are described below.
October 22, 2019Voting Agreement • October 23rd, 2019 • PB Bancorp, Inc. • Savings institution, federally chartered • Rhode Island
The undersigned (“Shareholder”) is a director or executive officer of PB Bancorp, Inc., a Maryland corporation (“Seller”), and the beneficial holder of shares of Seller common stock, par value $0.01 per share (the “Seller Common Stock”).
Restricted Stock AwardRestricted Stock Award • April 4th, 2017 • PB Bancorp, Inc. • Savings institution, federally chartered
This restricted stock 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 PB 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 Compensation Committee of the Board of Directors of the Company (“Committee”) 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
AGREEMENT AND PLAN OF MERGERMerger Agreement • October 23rd, 2019 • PB Bancorp, Inc. • Savings institution, federally chartered • Maryland
AGREEMENT AND PLAN OF MERGER, dated as of October 22, 2019 (this “Agreement”), by and among Centreville Bank, a Rhode Island-chartered non-member savings bank (“Buyer”), PB Bancorp, Inc., a Maryland corporation (“Seller”), and Putnam Bank, a Connecticut-chartered savings bank and wholly owned subsidiary of Seller (“Seller Bank”).
PB BANCORP, INC. (a Maryland corporation) Up to 3,953,125 Shares (Subject to increase to up to 4,546,094 shares) COMMON STOCK ($0.01 Par Value) Offering Price $8.00 Per Share AGENCY AGREEMENTAgency Agreement • October 30th, 2015 • PB Bancorp, Inc. • Savings institution, federally chartered • New York
