0001193125-03-097472 Sample Contracts

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • December 19th, 2003 • Seacoast Financial Services Corp • Savings institutions, not federally chartered

WHEREAS, Seacoast Financial Services Corporation, a Massachusetts corporation (the “Holding Company”) and the parent company for Compass Bank for Savings, a Massachusetts chartered savings bank, with its executive offices in New Bedford, Massachusetts (the “Bank,” and together with the Holding Company, the “Employers”) and James P. McDonough of Hanover, Massachusetts (the “Executive”) are parties to that certain Employment Agreement dated October 20, 2003 (the “Employment Agreement”) which Employment Agreement is effective as of the consummation of the Merger (as defined in the Employment Agreement); and

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EMPLOYMENT AGREEMENT
Employment Agreement • December 19th, 2003 • Seacoast Financial Services Corp • Savings institutions, not federally chartered • Massachusetts

AGREEMENT made as of the 20th day of October, 2003, by and among SEACOAST FINANCIAL SERVICES CORPORATION, a Massachusetts corporation (the “Holding Company”) and the parent company for COMPASS BANK FOR SAVINGS, a Massachusetts chartered savings bank, with its executive offices in New Bedford, Massachusetts (the “Bank”) (the Bank and the Holding Company shall be hereinafter collectively referred to as the “Employers”), and JAMES P. MCDONOUGH of Hanover, Massachusetts (the “Executive”).

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • December 19th, 2003 • Seacoast Financial Services Corp • Savings institutions, not federally chartered • Massachusetts

AGREEMENT made as of the 20th day of October, 2003, by and among SEACOAST FINANCIAL SERVICES CORPORATION, a Massachusetts corporation (the “Holding Company”) and the parent company for COMPASS BANK FOR SAVINGS, a Massachusetts chartered savings bank, with its executive offices in New Bedford, Massachusetts (the “Bank”) (the Bank and the Holding Company shall be hereinafter collectively referred to as the “Employers”), and JAMES P. MCDONOUGH of Hanover, Massachusetts (the “Executive”).

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • December 19th, 2003 • Seacoast Financial Services Corp • Savings institutions, not federally chartered

WHEREAS, Seacoast Financial Services Corporation, a Massachusetts corporation (the “Holding Company”) and the parent company for Compass Bank for Savings, a Massachusetts chartered savings bank, with its executive offices in New Bedford, Massachusetts (the “Bank,” and together with the Holding Company, the “Employers”) and Kevin G. Champagne of New Bedford, Massachusetts (the “Executive”) are parties to that certain Employment Agreement dated November 20, 1998 (the “Employment Agreement”); and

AMENDMENT AGREEMENT
Amendment Agreement • December 19th, 2003 • Seacoast Financial Services Corp • Savings institutions, not federally chartered • Massachusetts

AMENDMENT AGREEMENT, dated as of October 20, 2003 (“Agreement Date”), by and among Seacoast Financial Services Corporation (“Seacoast”), Abington Bancorp, Inc. (“Bancorp”), Abington Savings Bank (the “Bank”), a wholly-owned subsidiary of Bancorp, and James P. McDonough (the “Executive”).

FORM OF FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • December 19th, 2003 • Seacoast Financial Services Corp • Savings institutions, not federally chartered

WHEREAS, Seacoast Financial Services Corporation, a Massachusetts corporation (the “Holding Company”) and the parent company for Compass Bank for Savings, a Massachusetts chartered savings bank, with its executive offices in New Bedford, Massachusetts (the “Bank,” and together with the Holding Company, the “Employers”) and the undersigned executive of the Bank (the “Executive”) are parties to that certain Employment Agreement dated November 20, 1998 (the “Employment Agreement”); and

FORM OF COMPASS BANK FOR SAVINGS EXECUTIVE SALARY CONTINUATION AGREEMENT AS AMENDED AND RESTATED
Continuation Agreement • December 19th, 2003 • Seacoast Financial Services Corp • Savings institutions, not federally chartered

THE AGREEMENT originally entered into on May 31, 1985 by and between Compass Bank for Savings of New Bedford, Massachusetts (hereinafter called the “Corporation”) and certain executives, (hereinafter called the “Executive”), as previously amended, is hereby amended and restated this 4th day of December, 2003.

COMPASS BANK FOR SAVINGS EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • December 19th, 2003 • Seacoast Financial Services Corp • Savings institutions, not federally chartered

AGREEMENT by and between Compass Bank for Savings of New Bedford, Massachusetts (hereinafter called the “Corporation”) and Carolyn A. Burnham of South Dartmouth, Massachusetts, (hereinafter called the “Executive”), is entered into this 4th day of December, 2003.

AMENDMENT AGREEMENT
Amendment Agreement • December 19th, 2003 • Seacoast Financial Services Corp • Savings institutions, not federally chartered • Massachusetts

AMENDMENT AGREEMENT, dated as of October 20, 2003 (“Agreement Date”), by and among Seacoast Financial Services Corporation (“Seacoast”), Abington Bancorp, Inc.(“Bancorp”), Abington Savings Bank (the “Bank”), a wholly-owned subsidiary of Bancorp and Kevin M. Tierney (the “Executive”).

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