0001193125-09-062001 Sample Contracts

NEW ENGLAND BANCSHARES, INC. AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 24th, 2009 • New England Bancshares, Inc. • Savings institution, federally chartered • Connecticut

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”), by and among NEW ENGLAND BANCSHARES, INC., a Maryland corporation (the “Company”), and DAVID J. O’CONNOR (“Executive”), is hereby amended and restated effective as of November 12, 2008. References to the “Association” herein shall mean ENFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION, a wholly owned subsidiary of the Company.

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FIRST AMENDMENT TO AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 24th, 2009 • New England Bancshares, Inc. • Savings institution, federally chartered • Connecticut

First Amendment, dated as of November 12, 2008 (the “Amendment”), to the Amended and Restated Change in Control Agreement, dated as of February 12, 2007 (as amended, the “Agreement”), by and among Enfield Federal Savings and Loan Association (the “Association”) and John Parda (the “Executive”). Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.

FIRST AMENDMENT TO DIRECTORS FEE CONTINUATION AGREEMENT
Directors Fee Continuation Agreement • March 24th, 2009 • New England Bancshares, Inc. • Savings institution, federally chartered • Connecticut

First Amendment, dated as of December 31, 2008 (the “Amendment”), to the Directors Fee Continuation Agreement, effective June 1, 1995 (as amended, the “Agreement”), by and among Enfield Federal Savings and Loan Association (the “Corporation”) and (the “Director”). Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.

ENFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 24th, 2009 • New England Bancshares, Inc. • Savings institution, federally chartered • Connecticut

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”), by and among ENFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION, a federally-chartered financial institution (the “Association”), and DAVID J. O’CONNOR (“Executive”), is hereby amended and restated effective as of November 12, 2008. References to the “Company” herein shall mean NEW ENGLAND BANCSHARES, INC., a Maryland corporation and the Association’s holding company.

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