settlement, Consulting and non-competition AGREEMENTCompetition Agreement • July 25th, 2018 • Pilgrim Bancshares, Inc. • State commercial banks
THIS SETTLEMENT, CONSULTING AND NON-COMPETITION AGREEMENT, dated as of July 25, 2018 (this “Agreement”), is made and entered into by and among Pilgrim Bank (the “Bank”), a Massachusetts-chartered co-operative bank, Pilgrim Bancshares, Inc., a Maryland corporation and stock holding company of the Bank (“Pilgrim”), Hometown Financial Group, Inc., a Massachusetts Corporation (“Hometown”) and Francis E. Campbell (“Executive”). References to the Bank, Pilgrim and Hometown collectively shall be the “Banking Entities” or individually, a “Banking Entity.”
