SEVERANCE AGREEMENT by and between BELMONT SAVINGS BANK and ROBERT M. MAHONEYSeverance Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
This Severance Agreement (the “Agreement”) is made and entered into as of , 2011 (the “Execution Date”), by and between Belmont Savings Bank, a Massachusetts-chartered savings bank with its principal administrative office at Two Leonard Street, Belmont, MA 02478 (together with its successors and assigns, the “Bank”) and Robert M. Mahoney (“Executive”).
BELMONT SAVINGS BANK Two Leonard Street Belmont, Massachusetts 02478-2511 DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
AGREEMENT made and entered into as of this 1st day of December, 1998, by and between Belmont Savings Bank, a Massachusetts savings bank corporation organized under Massachusetts General Laws, Chapter 168, with its principal office and place of business at Two Leonard Street, Belmont, Massachusetts (hereinafter referred to as the “Bank”) and Patricia W. Hawkins, an individual who is currently serving as a Trustee of the Bank (hereinafter referred to as the (“Trustee”).
BELMONT SAVINGS BANK Two Leonard Street Belmont, Massachusetts 02478-2511 DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
AGREEMENT made and entered into as of this 21st day of December, 2006, by and between Belmont Savings Bank, a Massachusetts savings bank corporation organized under Massachusetts General Laws, Chapter 168, with its principal office and place of business at Two Leonard Street, Belmont, Massachusetts (hereinafter referred to as the “Bank”) and John A. Borelli, an individual who is currently serving as a Trustee of the Bank (hereinafter referred to as the “Trustee”).
March 28, 2011BSB Bancorp, Inc. • June 9th, 2011
This letter sets forth the agreement between BSB Bancorp, MHC (the “MHC”) and Belmont Savings Bank, Belmont, Massachusetts (collectively, the “Bank”), and RP® Financial, LC. (“RP Financial”) for independent conversion appraisal services pertaining to the Bank’s simultaneous holding company formation and mutual-to-stock conversion. The specific appraisal services to be rendered by RP Financial are described below. These services will be conducted by our senior consulting staff and will be directed by the undersigned.
BELMONT SAVINGS BANK Two Leonard Street Belmont, Massachusetts 02478-2511 DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
AGREEMENT made and entered into as of this 19 day of December, 2006, by and between Belmont Savings Bank, a Massachusetts savings bank corporation organized under Massachusetts General Laws, Chapter 168, with its principal office and place of business at Two Leonard Street, Belmont, Massachusetts (hereinafter referred to as the “Bank”) and JOHN W. GAHAN III, an individual who is currently serving as a Trustee of the Bank (hereinafter referred to as the “Trustee”).
BELMONT SAVINGS BANK Two Leonard Street Belmont, Massachusetts 02478-2511 DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
AGREEMENT made and entered into as of this 30th day of November, 1998, by and between Belmont Savings Bank, a Massachusetts savings bank corporation organized under Massachusetts General Laws, Chapter 168, with its principal office and place of business at Two Leonard Street, Belmont, Massachusetts (hereinafter referred to as the “Bank”) and Robert J. Morrissey, an individual who is currently serving as a Trustee of the Bank (hereinafter referred to as the (“Trustee”).
RESTATED SUPPLEMENTAL RETIREMENT AGREEMENTSupplemental Retirement Agreement • June 9th, 2011 • BSB Bancorp, Inc. • Massachusetts
THIS RESTATED SUPPLEMENTAL RETIREMENT AGREEMENT made and entered into as of the 23RD day of December, 2008, by and between Belmont Savings Bank, a Massachusetts savings bank with its principal place of business in Belmont, Massachusetts (hereinafter referred to as the “Bank” or in its capacity as the owner of the life insurance policies referred to herein, the “Owner”), and John A. Citrano, of Bedford, Massachusetts (hereinafter in his capacity as an executive employee of the Bank referred to as the “Executive”):
