FIRST AMENDMENT TO THE EMPLOYMENT AGREEMENT FOR JOSEPH F. JEAMEL, JR.
EXHIBIT 10.2.1
WHEREAS, Xxxxxx X. Xxxxxx, Xx. (the “Executive”) currently serves as Executive Vice President of
Rockville Bank (the “Bank”) pursuant to the Employment Agreement by and among, the Bank, Rockville
Financial, Inc. (the “Company”) and the Executive effective as of May 20, 2005;
WHEREAS, Bank, the Company and the Executive wish to amend the term of the Employment Agreement,
subject to the conditions contained herein;
NOW, THEREFORE, BE IT RESOLVED, that the parties hereby agree as follows:
1. Effective as of December 22, 2006, Section 2 of the Employment Agreement is hereby amended in
its entirety to read as follows:
“2. Term.
Effective as of December 22, 2006, the term of employment of Executive under this
Agreement (the “Term”) shall be the period commencing on the Effective Date and ending on
December 31, 2007, except that the Term will end at a date prior to the end of such period
or extension thereof, specified in Section 6 or 7 in the event of termination of
Executive’s employment. The foregoing notwithstanding, in the event there occurs a
Potential Change in Control during the period of 60 days prior to December 31, 2007, the
Term shall be extended automatically at that December 31 by an additional period such that
the Term will extend until the 180th day following such Potential Change in
Control.”
2. This First Amendment shall supersede the provisions of the Employment Agreement to the extent
those provisions are inconsistent with the provisions of this First Amendment. Executive
acknowledges that Executive has received good and valuable consideration from the Company and/or
Bank for this Amendment, and has had an opportunity to discuss this Amendment with advisors of
Executive’s choosing.
IN WITNESS WHEREOF, the Executive has hereunto set his hand and the Bank and the Company have
each caused this First Amendment to be duly executed on this ___day of December, 2006.
| ROCKVILLE FINANCIAL, INC | ||||
| BY: | ||||
| Name: | ||||
| ROCKVILLE BANK | ||||
| BY: | ||||
| Name: | ||||
| EXECUTIVE | ||||
| Xxxxxx X. Xxxxxx, Xx. | ||||
