0000943374-13-000173 Sample Contracts

SETTLEMENT AGREEMENT

Settlement Agreement • March 5th, 2013 • Newport Bancorp Inc • Savings institution, federally chartered • Connecticut

• Contract Type
  Settlement Agreement
• Filed
  March 5th, 2013
• Company
  Newport Bancorp Inc
• Industry
  Savings institution, federally chartered
• Jurisdiction
  Connecticut

THIS SETTLEMENT AGREEMENT (the “Settlement Agreement”) is entered into as of March 5, 2013, by and between SI Financial Group, Inc. (“SI”), a Maryland corporation, Newport Bancorp, Inc. (“NB”), a Maryland corporation, Newport Federal Savings Bank, (the “Bank”), a wholly-owned subsidiary of NB, and Nino Moscardi (the “Executive”).