EMPLOYMENT AGREEMENTEmployment Agreement • September 5th, 2007 • Danvers Bancorp, Inc. • Massachusetts
This Employment Agreement ("Agreement") is made as of the day of , 2007, by and among Danvers Bancorp, Inc., a Delaware corporation (the "Company"), and its subsidiary, Danversbank, a Massachusetts savings bank with its main office in Danvers, Massachusetts (the "Bank") (the Bank and the Company shall be hereinafter collectively referred to as the "Employers"), and L. Mark Panella (the "Executive").
CHANGE IN CONTROL AGREEMENTChange in Control Agreement • September 5th, 2007 • Danvers Bancorp, Inc. • Massachusetts
AGREEMENT made as of this day of , 2007 by and among Danvers Bancorp, Inc., a Delaware company (the "Company"), and its subsidiary, Danversbank, a Massachusetts savings bank with its main office in Danvers, Massachusetts (the "Bank") (the Bank and the Company shall be hereinafter collectively referred to as the "Employers"), and (the "Executive").
NONSTANDARDIZED INTEGRATED ADOPTION AGREEMENT PROTOTYPE DEFINED BENEFIT PENSION PLAN AND TRUST Sponsored By SBERANonstandardized Integrated Adoption Agreement • September 5th, 2007 • Danvers Bancorp, Inc.
The Employer named below hereby establishes a Defined Benefit Pension Plan for eligible Employees as provided in this Adoption Agreement and the accompanying Basic Plan Document #02.
THE ENDICOTT GROUP LETTERHEAD]Retainer Agreement • September 5th, 2007 • Danvers Bancorp, Inc.
This letter will serve as a supplement to the retainer agreement between Danvers Savings Bank and Endicott Financial Advisors, L.L.C. dated May 26, 2000 (the "Agreement"). Terms and Definitions of the Agreement will continue as part of this supplement.
LETTERHEAD OF RP FINANCIAL, LC.] May 24, 2007Appraisal Services Agreement • September 5th, 2007 • Danvers Bancorp, Inc.
This letter sets forth the agreement between Danvers Bancorp, Inc., Danvers, Massachusetts (the "Company"), and RP® Financial, LC. ("RP Financial") for the independent appraisal services in connection with the stock to be issued concurrent with the mutual-to-stock conversion transaction and holding company reorganization. The specific appraisal services to be rendered by RP Financial are described below.
SUPPLEMENTAL PENSION AGREEMENTSupplemental Pension Agreement • September 5th, 2007 • Danvers Bancorp, Inc. • Massachusetts
SUPPLEMENTAL PENSION AGREEMENT (the "Agreement") dated September 5, 1997, by and between Danversbank, a Massachusetts corporation (the "Company"), and L. Mark Panella (the "Employee") is hereby amended this day of , 2006.
