0001567619-22-002141 Sample Contracts

At the address on file with the Company
Release Agreement • February 1st, 2022 • Webster Financial Corp • National commercial banks • Connecticut

This retention agreement (this “Retention Agreement”) memorializes our agreement regarding the terms of your employment with, and service to, Webster Financial Corporation (the “Company”) following the completion of the merger (the “Merger”) contemplated by the Agreement and Plan of Merger between Sterling Bancorp (“Sterling”) and the Company, dated as of April 18, 2021 (the “Merger Agreement”). Capitalized terms used but not defined in this Retention Agreement have the meanings ascribed to them in the Merger Agreement.

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SECOND AMENDMENT TO DEPOSIT AGREEMENT
Deposit Agreement • February 1st, 2022 • Webster Financial Corp • National commercial banks • New York

This Second Amendment (this “Amendment”), effective as of January 31, 2022 (the “Effective Date”), by and among Webster Financial Corporation (the “Corporation”), Sterling Bancorp (“Sterling”), Computershare Inc. (“Computershare”) and Broadridge Corporate Issuer Solutions, Inc. (“Broadridge”), amends that certain Deposit Agreement (as amended, the “Agreement”), dated as of March 19, 2013, by and among Astoria Financial Corporation (“Astoria”), Computershare Shareowner Services, LLC, as Depositary, and the holders from time to time of the depositary receipts described therein, and as amended by that certain First Amendment to Deposit Agreement, dated as of October 2, 2017, by and among Sterling, successor in interest to Astoria, and Computershare, successor in interest to Computershare Shareowner Services, LLC. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement.

April 18, 2021 Mr. Jack Kopnisky
Release Agreement • February 1st, 2022 • Webster Financial Corp • National commercial banks • Connecticut

This letter (this “Letter Agreement”) memorializes our agreement regarding the terms of your employment with, and service to, Webster Financial Corporation (the “Company”) following the completion of the merger (the “Merger”) contemplated by the Agreement and Plan of Merger between Sterling Bancorp (“Sterling”) and the Company, dated as of April 18, 2021 (the “Merger Agreement”). Capitalized terms used but not defined in this Letter Agreement have the meanings ascribed to them in the Merger Agreement.

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