EMPLOYMENT AGREEMENTEmployment Agreement • June 7th, 2024 • Enterprise Bancorp Inc /Ma/ • State commercial banks • Massachusetts
This EMPLOYMENT AGREEMENT (this “Agreement”) made and entered into on June 5, 2024 (the “Effective Date”), by and between Enterprise Bancorp, Inc., a Massachusetts corporation with a principal office at 222 Merrimack Street, Lowell, Massachusetts 01852 (“Company”) and its wholly owned subsidiary, Enterprise Bank and Trust Company, a Massachusetts trust company with its main office at 222 Merrimack Street, Lowell, Massachusetts 01852 (“Bank,” and together with Company, “Employer”), and Steven R. Larochelle, who resides at 25 Brox Rd, Dracut, MA 01826 (“Executive”), and amends and restates the Change in control/Noncompetition agreement among the parties that was previously entered into effective as of March 18, 2009.
ENTERPRISE BANCORP, INC. TRANSITION SERVICES AGREEMENTTransition Services Agreement • June 7th, 2024 • Enterprise Bancorp Inc /Ma/ • State commercial banks
This Transition Services Agreement (this "Agreement") is entered into as of the Effective Date (as defined in the signature block of this Agreement) by and between Enterprise Bancorp, Inc., a Massachusetts corporation (the "Company"), Enterprise Bank and Trust Company, a Massachusetts trust company (the "Employer") and John P. Clancy, Jr. ("Employee"), an employee of the Employer. The Company, the Employer or Employee may each be referred to herein as a "Party" and collectively as the "Parties."
