Up to 2,472,500 Shares (Subject to increase up to 2,843,375 shares in the event of an increase in the pro forma market value of the Company’s Common Stock) CFSB BANCORP, INC. (a federal corporation in organization) Common Stock (par value $0.01 per...Agency Agreement • November 10th, 2021 • CFSB Bancorp, Inc. /MA/ • Savings institution, federally chartered • New York
INCENTIVE STOCK OPTION AWARD AGREEMENTIncentive Stock Option Award Agreement • February 22nd, 2023 • CFSB Bancorp, Inc. /MA/ • Savings institution, federally chartered
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the CFSB Bancorp, Inc. 2023 Equity Incentive Plan (the “Plan”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan and related prospectus have 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 Committee appointed to administer the Plan (the “Committee”) or the Board of Directors 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” means CFSB Bancorp, Inc. including its parent and al
AMENDED AND RESTATED COLONIAL FEDERAL SAVINGS BANK SPLIT DOLLAR AGREEMENTSplit Dollar Agreement • September 9th, 2021 • CFSB Bancorp, Inc. /MA/ • Massachusetts
THIS AGREEMENT is made and entered into as of this 1st day of July, 2021, by and between COLONIAL FEDERAL SAVINGS BANK, a savings association located in Quincy, Massachusetts (the “Company”), and Paul N. Baharian (the “Director”). This Agreement shall append the Split Dollar Endorsement entered into on even date herewith or as subsequently amended, by and between the aforementioned parties. This Agreement is an amendment and restatement of the Agreement originally effective as of January 1, 2002, which was amended as of May 20, 2008, and January 20, 2010. This amendment and restatement shall not by itself change any previous beneficiary designation or executed Split Dollar Policy Endorsement relating to the Agreement.
FORM OF NON-QUALIFIED STOCK OPTION AWARD AGREEMENTNon-Qualified Stock Option Award Agreement • February 22nd, 2023 • CFSB Bancorp, Inc. /MA/ • Savings institution, federally chartered
This Non-Qualified Stock Option Agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the CFSB Bancorp, Inc. 2023 Equity Incentive Plan (the “Plan”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan and related prospectus have 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 Committee appointed to administer the Plan (the “Committee”) or the Board of Directors 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” means CFSB Bancorp, Inc. including its
RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • February 22nd, 2023 • CFSB Bancorp, Inc. /MA/ • 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 CFSB Bancorp, Inc. 2023 Equity Incentive Plan (the “Plan”), 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 (the “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” m
May 18, 2021Engagement Agreement • September 9th, 2021 • CFSB Bancorp, Inc. /MA/ • Virginia
This letter sets forth the agreement whereby Colonial Federal Savings Bank, Quincy, Massachusetts (“Colonial” or the “Bank”), has engaged RP® Financial, LC. (“RP Financial”) for independent conversion appraisal services in conjunction with the minority stock offering in connection with the Bank’s proposed mutual holding company reorganization. The specific appraisal services to be rendered, along with the timing and fee structure for these appraisal services, are described below. These appraisal services will be directed by the undersigned, with the assistance of other Associates.
AMENDED AND RESTATED COLONIAL FEDERAL SAVINGS BANK EMPLOYMENT AGREEMENTEmployment Agreement • September 9th, 2021 • CFSB Bancorp, Inc. /MA/ • Massachusetts
THIS AGREEMENT (the “Agreement”), made effective as of the 1st day of July, 2021, by and between COLONIAL FEDERAL SAVINGS BANK, a federally chartered savings bank (the “Bank”), and Susan J. Shea (“Executive”) constitutes an amendment and restatement of the employment agreement previously entered into by and between the Bank and Executive. As used in this Agreement, the term “Company” shall refer to any holding company of the Bank and any successor to a holding company of the Bank.
AMENDED AND RESTATED COLONIAL FEDERAL SAVINGS BANK EMPLOYMENT AGREEMENTEmployment Agreement • September 9th, 2021 • CFSB Bancorp, Inc. /MA/ • Massachusetts
THIS AGREEMENT (the “Agreement”), made effective as of the 1st day of July, 2021, by and between COLONIAL FEDERAL SAVINGS BANK, a federally chartered savings bank (the “Bank”), and Michael E. McFarland (“Executive”) constitutes an amendment and restatement of the employment agreement previously entered into by and between the Bank and Executive. As used in this Agreement, the term “Company” shall refer to any holding company of the Bank and any successor to a holding company of the Bank.
COLONIAL FEDERAL SAVINGS BANK TWO-YEAR CHANGE IN CONTROL AGREEMENTChange in Control Agreement • September 9th, 2021 • CFSB Bancorp, Inc. /MA/ • Massachusetts
This AGREEMENT (“Agreement”) is hereby entered into effective as of the 1st day of July, 2021, by and between COLONIAL FEDERAL SAVINGS BANK (the “Bank”), a federally chartered savings bank, and Kemal A. Denizkurt (“Executive”). Following a Change in Control (as defined below), the term “Bank” shall refer to any successor to the Bank. As used in this Agreement, the term “Company” shall refer to any holding company of the Bank and any successor to a holding company of the Bank.
AMENDED AND RESTATED COLONIAL FEDERAL SAVINGS BANK GROUP TERM REPLACEMENT PLANGroup Term Replacement Plan • September 9th, 2021 • CFSB Bancorp, Inc. /MA/ • Massachusetts
THIS PLAN was originally entered into as of the 1st day of January, 2002, by and between COLONIAL FEDERAL SAVINGS BANK, a savings association, located in Quincy, Massachusetts (the “Company”) and the Participant selected to participate in this Plan (the “Participant”). This Plan is amended and restated in its entirety as of July 1, 2021.
