EMPLOYMENT AGREEMENTEmployment Agreement • March 11th, 2014 • Melrose Bancorp, Inc. • Massachusetts
This Employment Agreement (the “Agreement”) is made effective as of __________, 2014 (the “Effective Date”), by and between Melrose Cooperative Bank (the “Bank”) and Jeffrey Jones (“Executive”). Any reference to the “Company” shall mean Melrose Bancorp, Inc. the stock holding company of the Bank.
CHANGE IN CONTROL AGREEMENTChange in Control Agreement • March 11th, 2014 • Melrose Bancorp, Inc. • Massachusetts
This Change in Control Agreement (this “Agreement”) is made effective as of , 2014 (the “Effective Date”), by and between Melrose Cooperative Bank (the “Bank”) and James Oosterman (“Executive”). Any reference to the “Company” shall mean Melrose Bancorp, Inc., the stock holding company of the Bank.
RP® FINANCIAL, LC.Independent Conversion Appraisal Services Agreement • March 11th, 2014 • Melrose Bancorp, Inc.
This letter sets forth the agreement between Melrose Co-operative Bank, Melrose, Massachusetts (the “Bank”), and RP® Financial, LC (“RP Financial”) for independent conversion appraisal services in conjunction with the stock to be issued concurrent with the Bank’s proposed mutual-to-stock conversion transaction. The specific appraisal services to be rendered by RP Financial are described below.
