Cambridge, Massachusetts 02138Employment Agreement • March 18th, 2019 • Cambridge Bancorp • State commercial banks • Massachusetts
Contract Type FiledMarch 18th, 2019 Company Industry JurisdictionThe following terms and conditions of employment will completely replace and supersede any previous employment, compensation, change in control, or severance agreement executed between you and Optima (including but not limited to the Employment Agreement by and between you and Optima, dated December 21, 2007 and as amended December 18, 2008); provided, however, that nothing herein is intended to impact the terms and conditions of the Settlement Agreement by and among Cambridge, the Company, Optima, and you, delivered concurrently herewith. Contingent on the successful consummation of the Transaction, the following terms and conditions of employment will become effective as of the “Effective Date” as defined in the Merger Agreement (the “Effective Date”).
Cambridge BancorpEmployment Agreement • March 18th, 2019 • Cambridge Bancorp • State commercial banks • Massachusetts
Contract Type FiledMarch 18th, 2019 Company Industry JurisdictionThe following terms and conditions of employment will completely replace and supersede any previous employment, compensation, change in control, or severance agreement executed between you and Optima (including but not limited to the Employment Agreement by and between you and Optima, dated December 21, 2007 and as amended December 18, 2008); provided, however, that nothing herein is intended to impact the terms and conditions of (i) the Settlement Agreement by and among Cambridge, the Company, Optima, and you, delivered concurrently herewith or (ii) the Change in Control Agreement by and between Cambridge and you, delivered concurrently herewith (the “Change in Control Agreement”). Contingent on the successful consummation of the Transaction, the following terms and conditions of employment will become effective as of the “Effective Date” as defined in the Merger Agreement (the “Effective Date”).
Cambridge, Massachusetts 02138Employment Agreement • March 18th, 2019 • Cambridge Bancorp • State commercial banks • Massachusetts
Contract Type FiledMarch 18th, 2019 Company Industry JurisdictionThe following terms and conditions of employment will completely replace and supersede any previous employment, compensation, change in control, or severance agreement executed between you and Optima (including but not limited to the Employment Agreement by and between you and Optima, dated December 21, 2007 and as amended December 18, 2008); provided, however, that nothing herein is intended to impact the terms and conditions of the Settlement Agreement by and among Cambridge, the Company, Optima, and you, delivered concurrently herewith. Contingent on the successful consummation of the Transaction, the following terms and conditions of employment will become effective as of the “Effective Date” as defined in the Merger Agreement (the “Effective Date”).