0000943374-23-000118 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • February 21st, 2023 • Provident Bancorp, Inc. /MD/ • Savings institutions, not federally chartered • Massachusetts

This Amended and Restated Employment Agreement (the “Agreement”) was originally made as of the 22nd day of April, 2021 (the “Effective Date”), by and between The Provident Bank, a state-chartered savings bank organized and existing under the laws of the Commonwealth of Massachusetts and now known as BankProv (the “Bank”), and Joseph Mancini of Peabody, Massachusetts (the “Executive”) and is amended and restated as of February 14, 2023. References in this Agreement to the “Company” are to Provident Bancorp, Inc., the holding company of the Bank.

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