0000950135-07-007687 Sample Contracts

SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • December 21st, 2007 • Legacy Bancorp, Inc. • Savings institutions, not federally chartered • Massachusetts

This Separation Agreement and General Release (“Separation Agreement”) dated December 21, 2007 is entered into by and between Stephen M. Conley (“Executive” or “you”) and Legacy Bancorp, Inc. (the “Company”) and Legacy Banks (the “Bank”), and confirms the agreement that has been reached with you in connection with your termination of employment with the Bank, Company and any of the Bank’s affiliates and direct and indirect subsidiaries.

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