AMENDED AND RESTATED EXECUTIVE SALARY CONTINUATION AGREEMENTExecutive Salary Continuation Agreement • May 11th, 2012 • Wellesley Bancorp, Inc. • Savings institutions, not federally chartered • Massachusetts
THIS AGREEMENT, made and entered into this 17th day of October, 2007, by and between Wellesley Bank, a bank organized and existing under the laws of the Commonwealth of Massachusetts (hereinafter referred to as the “Bank”), and Thomas J. Fontaine, an Executive of the Bank (hereinafter referred to as the “Executive”), a member of a select group of management and highly compensated employees of the Bank shall amend and restate the Executive Salary Continuation Agreement effective June 1, 2007.
