SEVERANCE AGREEMENT by and between BELMONT SAVINGS BANK and CARROLL M. LOWENSTEIN, JR.Severance Agreement • November 8th, 2017 • BSB Bancorp, Inc. • State commercial banks • Massachusetts
This Severance Agreement (the "Agreement") is made and entered into as of November 3, 2017 (the "Execution Date"), by and between Belmont Savings Bank, a Massachusetts-chartered savings bank with its principal administrative office at Two Leonard Street, Belmont, MA 02478 (together with its successors and assigns, the "Bank") and Carroll M. Lowenstein, Jr. ("Executive").
