ENTERPRISE BANK AND TRUST COMPANY SUPPLEMENTAL LIFE INSURANCE AGREEMENTSupplemental Life Insurance Agreement • July 20th, 2005 • Enterprise Bancorp Inc /Ma/ • State commercial banks • Massachusetts
THIS SUPPLEMENTAL LIFE INSURANCE AGREEMENT (the “Agreement”) is adopted this 15th day of July, 2005, by and between ENTERPRISE BANK AND TRUST COMPANY, a state-chartered, commercial bank located in Lowell, Massachusetts (the “Bank”), and GEORGE L. DUNCAN (the “Executive”).
ENTERPRISE BANK AND TRUST COMPANY SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • July 20th, 2005 • Enterprise Bancorp Inc /Ma/ • State commercial banks • Massachusetts
THIS SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 15th day of July, 2005 by and between ENTERPRISE BANK AND TRUST COMPANY, a state-chartered commercial bank located in Lowell, Massachusetts (the “Bank”) and ROBERT R. GILMAN (the “Executive”). The purpose of this Agreement is to provide specified benefits to the Executive, a member of a select group of management or highly compensated employees who contribute materially to the continued growth, development, and future business success of the Bank. This Agreement shall be unfunded for tax purposes and for purposes of Title I of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended from time to time.
ENTERPRISE BANK AND TRUST COMPANY SALARY CONTINUATION AGREEMENTEnterprise Bank and Trust Company • July 20th, 2005 • Enterprise Bancorp Inc /Ma/ • State commercial banks • Massachusetts
THIS SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 15th day of July, 2005 by and between ENTERPRISE BANK AND TRUST COMPANY, a state-chartered commercial bank located in Lowell, Massachusetts (the “Bank”) and RICHARD W. MAIN (the “Executive”). The purpose of this Agreement is to provide specified benefits to the Executive, a member of a select group of management or highly compensated employees who contribute materially to the continued growth, development, and future business success of the Bank. This Agreement shall be unfunded for tax purposes and for purposes of Title I of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended from time to time.
AMENDMENT NO. 1 TO CHANGE IN CONTROL/NONCOMPETITION AGREEMENT Dated as of July 15, 2005Change in Control • July 20th, 2005 • Enterprise Bancorp Inc /Ma/ • State commercial banks
Reference is made to that certain Change in Control/Noncompetition Agreement dated as of August 1, 2001 (the “Agreement”) by and among Enterprise Bancorp, Inc. (the “Company”) and Enterprise Bank and Trust Company (the “Bank” and together with the Company, the “Employers”) and Robert R. Gilman (the “Executive”).
