Cambridge Bancorp Cambridge, Massachusetts 02138 As of November 20, 2018Severance Agreement • November 23rd, 2018 • Cambridge Bancorp • State commercial banks • Massachusetts
As you know, you previously entered into a letter agreement with Cambridge Bancorp (the “Company”) dated January 30, 2017, that set forth the severance benefits that the Company agreed provide to you in the event your employment with its subsidiary, Cambridge Trust Company (the “Bank”) is terminated under certain circumstances described therein (the “Prior Agreement”). The Board of Directors of the Company (the “Board”) desires to amend and restate the Prior Agreement as set forth below (the “Agreement”).
