0001387131-21-005832 Sample Contracts

WESTERN NEW ENGLAND BANCORP, INC.
Non-Qualified Stock Option Agreement Cover Sheet • May 19th, 2021 • Western New England Bancorp, Inc. • Savings institution, federally chartered

Western New England Bancorp, Inc., a Massachusetts corporation (the “Company”), hereby grants an option (the “Option”) to purchase shares of the Company’s common stock, $0.01 par value per share (the “Stock”), to the Optionee named below, subject to the terms and conditions set forth in this cover sheet, in the attached Non-Qualified Stock Option Agreement (together with the cover sheet, the “Agreement”), and in the Company’s 2021 Omnibus Incentive Plan (as it may be amended from time to time, the “Plan”).

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WESTERN NEW ENGLAND BANCORP, INC.
Incentive Stock Option Agreement Cover Sheet • May 19th, 2021 • Western New England Bancorp, Inc. • Savings institution, federally chartered

Western New England Bancorp, Inc., a Massachusetts corporation (the “Company”), hereby grants an option (the “Option”) to purchase shares of the Company’s common stock, $0.01 par value per share (the “Stock”), to the Optionee named below, subject to the terms and conditions set forth in this cover sheet, in the attached Incentive Stock Option Agreement (together with the cover sheet, the “Agreement”), and in the Company’s 2021 Omnibus Incentive Plan (as it may be amended from time to time, the “Plan”).

WESTERN NEW ENGLAND BANCORP, INC.
Term Incentive and Retention Equity Award Agreement • May 19th, 2021 • Western New England Bancorp, Inc. • Savings institution, federally chartered

Western New England Bancorp, Inc., a Massachusetts corporation (the “Company”), hereby grants shares of the Company’s common stock, $0.01 par value per share (the “Stock”), to the Grantee named below, subject to the terms and conditions set forth in this cover sheet, in the attached Long-Term Incentive and Retention Equity Award Agreement (together with the cover sheet, the “Agreement”), and in the Company’s 2021 Omnibus Incentive Plan (as it may be amended from time to time, the “Plan”).

WESTERN NEW ENGLAND BANCORP, INC.
Restricted Stock Agreement Cover Sheet • May 19th, 2021 • Western New England Bancorp, Inc. • Savings institution, federally chartered

Western New England Bancorp, Inc., a Massachusetts corporation (the “Company”), hereby grants restricted shares (the “Restricted Stock”) of the Company’s common stock, $0.01 par value per share (the “Stock”), to the Grantee named below, subject to the terms and conditions set forth in this cover sheet, in the attached Restricted Stock Agreement (together with the cover sheet, the “Agreement”), and in the Company’s 2021 Omnibus Incentive Plan (as it may be amended from time to time, the “Plan”).

WESTERN NEW ENGLAND BANCORP, INC.
Director Incentive Award Agreement Cover Sheet • May 19th, 2021 • Western New England Bancorp, Inc. • Savings institution, federally chartered

Western New England Bancorp, Inc., a Massachusetts corporation (the “Company”), hereby grants restricted shares (the “Restricted Stock”) of the Company’s common stock, $0.01 par value per share (the “Stock”), to the Grantee named below, subject to the terms and conditions set forth in this cover sheet, in the attached Director Incentive Award Agreement (together with the cover sheet, the “Agreement”), and in the Company’s 2021 Omnibus Incentive Plan (as it may be amended from time to time, the “Plan”).

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