0001564590-21-029827 Sample Contracts

RESTRICTED STOCK AWARD AGREEMENT UNDER THE RANDOLPH BANCORP, INC. 2021 Equity INCENTIVE PLAN
Restricted Stock Award Agreement • May 25th, 2021 • Randolph Bancorp, Inc. • State commercial banks

Pursuant to the Randolph Bancorp, Inc. 2021 Equity Incentive Plan (the “Plan”) as amended through the date hereof, Randolph Bancorp, Inc. (the “Company”) hereby grants a Restricted Stock Award (an “Award”) to the Grantee named above. Upon acceptance of this Award, the Grantee shall receive the number of shares of Common Stock, par value $0.01 per share (the “Stock”) of the Company specified above, subject to the restrictions and conditions set forth herein and in the Plan. The Company acknowledges the receipt from the Grantee of consideration with respect to the par value of the Stock in the form of cash, past or future services rendered to the Company by the Grantee or such other form of consideration as is acceptable to the Administrator.

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RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER THE RANDOLPH BANCORP, Inc. 2021 Equity INCENTIVE PLAN
Restricted Stock Unit Award Agreement • May 25th, 2021 • Randolph Bancorp, Inc. • State commercial banks

Pursuant to the Randolph Bancorp, Inc. 2021 Equity Incentive Plan as amended through the date hereof (the “Plan”), Randolph Bancorp, Inc. (the “Company”) hereby grants an award of the number of Restricted Stock Units listed above (an “Award”) to the Grantee named above. Each Restricted Stock Unit shall relate to one share of Common Stock, par value $0.01 per share (the “Stock”) of the Company.

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