0001144204-16-114700 Sample Contracts

FORM OF RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • July 27th, 2016 • Wellesley Bancorp, Inc. • Savings institutions, not federally chartered

This Award Agreement is provided to ___________________ (the “Participant”) by Wellesley Bancorp, Inc. (the “Company”) as of ______________________, 20___, (“Grant Date”) the date the Compensation Committee of the Board of Directors of the Company (the “Committee”) awarded the Participant a Restricted Stock Award pursuant to the Wellesley Bancorp, Inc. 2016 Equity Incentive Plan (the “2016 Plan”), subject to the terms and conditions of the 2016 Plan and this Award Agreement (referred to herein as the “Award”):

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