1 [LAWRENCE SAVINGS BANK LOGO] 30 Massachusetts Avenue North Andover, MA 01845-3460 Main: 978-725-7500 Fax: 978-725-7607 Web: www.lawrencesavings.com May 25, 2000 Mr. Paul A. Miller 43 Covey Hill Road Reading, MA 01867 Dear Paul: Your employment...

   1
[XXXXXXXX SAVINGS BANK  LOGO]         00 Xxxxxxxxxxxxx Xxxxxx
                                      Xxxxx Xxxxxxx, XX 00000-0000
                                      Main: 000-000-0000 Fax: 000-000-0000
                                      Web: xxx.xxxxxxxxxxxxxxx.xxx



May 25, 2000

Xx. Xxxx X. Xxxxxx
00 Xxxxx Xxxx Xxxx
Xxxxxxx, XX 00000

Dear Xxxx:

Your employment agreement dated April 21, 1989, as amended December 23, 1992,
is hereby amended as follows:



     Section 3.03 Termination Following Change in Control (a)(1) line 7 - "25%"
     is hereby stricken and 15% is inserted in its place.



                                   Execution



Upon execution below by all parties, this Agreement will enter in full force
and effect on the effective date below:



XXXXXXXX SAVINGS BANK

/s/ Xxxxxx X. Xxxxx                          /s/ Xxxx X. Xxxxxx
_______________________________              _______________________________
Xxxxxx X. Xxxxx, Chairman                    Xxxx X. Xxxxxx


/s/ Xxxxxx X. Xxxxxxxx                       5-25-00
_______________________________              _______________________________
Xxxxxx X. Xxxxxxxx                           Effective Date


/s/ Xxxxxxxx X. Xxxxxx
_______________________________
Xxxxxxxx X. Xxxxxx


/s/ Xxxxxxx X. Xxxxx
_______________________________
Xxxxxxx X. Xxxxx


/s/ Xxxxx X. Xxxxxxxxx
_______________________________
Xxxxx X. Xxxxxxxxx, Xx.


/s/ Xxxx X. Xxxxxx
_______________________________
Xxxx X. Xxxxxx


/s/ Xxxxxxx Xxxx Xxxxxxxxxx
_______________________________
Xxxxxxx Xxxx Xxxxxxxxxx


/s/ Xxxxxx X. Xxxxx
_______________________________
Xxxxxx X. Xxxxx


/s/ Xxxxxx X. XxXxxxxxx
_______________________________
Xxxxxx X. XxXxxxxxx