0001193125-06-183606 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 31st, 2006 • Westfield Financial Inc • Savings institution, federally chartered • Massachusetts

This EMPLOYMENT AGREEMENT (“the Agreement”) is made and entered into as of , 2006 (the “Effective Date”) by and between WESTFIELD BANK, federally-chartered savings bank having an office at 141 Elm Street, Westfield, Massachusetts 01085 (the “Bank”) and DONALD A. WILLIAMS, an individual residing at 146 Glenwood Drive, Westfield, Massachusetts 01085 (the “Executive”).

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ONE-YEAR CHANGE OF CONTROL AGREEMENT
Change of Control Agreement • August 31st, 2006 • Westfield Financial Inc • Savings institution, federally chartered • Massachusetts

This CHANGE OF CONTROL AGREEMENT (the “Agreement”) is made and entered into as of by and among WESTFIELD BANK, a savings bank organized and operating under the laws of the Commonwealth of Massachusetts having an office at 141 Elm Street, Westfield, Massachusetts 01085 (the “Bank”), WESTFIELD FINANCIAL, INC., a business corporation organized and existing under the laws of the Commonwealth of Massachusetts and having an office at 141 Elm Street, Westfield, Massachusetts 01085 (the “Company”) and (the “Officer”).

EMPLOYMENT AGREEMENT
Employment Agreement • August 31st, 2006 • Westfield Financial Inc • Savings institution, federally chartered • Massachusetts

This EMPLOYMENT AGREEMENT (“the Agreement”) is made and entered into as of , 2006 (the “Effective Date”) by and between NEW WESTFIELD FINANCIAL, INC., a business corporation organized and existing under the laws of the Commonwealth of Massachusetts and having an office at 141 Elm Street, Westfield, Massachusetts 01085 (the “Company”) and MICHAEL J. JANOSCO, JR., an individual residing at 41 Wilder Road, Sterling, Massachusetts 01564 (the “Executive”).

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