October 21, 2013Appraisal Services Agreement • March 11th, 2014 • Blue Hills Bancorp, Inc. • Massachusetts
This letter sets forth the agreement between Blue Hills Bank, Hyde Park, Massachusetts (the “Bank”), the wholly-owned subsidiary of Hyde Park Bancorp (the “Company”), which in turn is the subsidiary of Hyde Park Bancorp, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the conversion transaction by the Company. The scope, timing and fee structure for these appraisal services are described below.
FORM OF TWO YEAR CHANGE IN CONTROL AGREEMENT FOR Jim Kivlehan and Thomas E. O’LearyChange in Control Agreement • March 11th, 2014 • Blue Hills Bancorp, Inc. • Massachusetts
AGREEMENT made as of the 4th day of March, 2014 (the “Effective Date”) by and among Hyde Park Bancorp, Inc., a mid-tier holding company organized under the laws of the Commonwealth of Massachusetts (the “Company”), and its subsidiary, Blue Hills Bank, a Massachusetts savings bank with its main office in Hyde Park, Massachusetts (the “Bank”) (the Company and the Bank hereinafter shall be collectively referred to as the “Employers”), and (the “Executive”). The Company is the wholly-owned subsidiary of Hyde Park, MHC (the “MHC”).
Blue Hills Bancorp, Inc. up to 24,150,000 Shares (subject to increase up to 27,772,500 shares) SHARES ($0.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENTAgency Agreement • March 11th, 2014 • Blue Hills Bancorp, Inc. • New York
EMPLOYMENT AGREEMENTEmployment Agreement • March 11th, 2014 • Blue Hills Bancorp, Inc. • Massachusetts
This Employment Agreement (the “Agreement”) is made and entered into, effective as of the 6th day of March, 2014 (the “Effective Date”), by and among Hyde Park Bancorp, MHC, a mutual holding company organized under the laws of the Commonwealth of Massachusetts (the “MHC”), Hyde Park Bancorp, Inc., a mid-tier holding company organized under the laws of the Commonwealth of Massachusetts and the wholly-owned subsidiary of the MHC (the “Company”), its subsidiary, Blue Hills Bank, a stock savings bank having its principal place of business in Hyde Park, Massachusetts (the “Bank”) (the MHC, the Company and the Bank hereinafter shall be collectively referred to as the “Employers”), and William M. Parent, of Walpole, Massachusetts (the “Executive”).
