0001047469-11-002162 Sample Contracts

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2011 • Danvers Bancorp, Inc. • Savings institution, federally chartered • Massachusetts

This First Amendment to Employment Agreement (“Amendment”) dated as of December , 2008 is made and entered into by and among Danvers Bancorp, Inc., a Delaware Corporation (the “Company”) and its subsidiary Danversbank, a savings bank chartered under the laws of the Commonwealth of Massachusetts (the “Bank” and collectively with the Company, the “Employers”), and James J. McCarthy (the “Executive”).

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CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 15th, 2011 • Danvers Bancorp, Inc. • Savings institution, federally chartered • Massachusetts

AGREEMENT made as of this day of , 2010 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 Michael W. McCurdy (the “Executive”).

FIRST AMENDMENT TO CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 15th, 2011 • Danvers Bancorp, Inc. • Savings institution, federally chartered • Massachusetts

This First Amendment to Change in Control Agreement (“Amendment”) dated as of December , 2008 is made and entered into 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” and collectively with the Company, the “Employers”), and (the “Executive”).

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