CHANGE IN CONTROL AGREEMENTChange in Control Agreement • February 13th, 2009 • Service Bancorp Inc • State commercial banks • Massachusetts
This CHANGE IN CONTROL AGREEMENT (this “Agreement”) is made as of October 28, 2008 (the “Effective Date”), by and between Strata Bank, a bank chartered under the laws of Massachusetts with its headquarters located in Medway, Massachusetts (the “Employer”), Service Bancorp, MHC, a mutual holding company chartered under the laws of Massachusetts (the “MHC”), Service Bancorp, Inc., a corporation chartered under the laws of Massachusetts (the “Company” and together with the MHC, the “Holding Companies”) and Randal D. Webber (the “Executive”). In consideration of the mutual covenants contained in this Agreement, the Employer, the Holding Companies and the Executive agree as follows:
