0001571049-16-018727 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • October 11th, 2016 • Georgetown Bancorp, Inc. • State commercial banks • Massachusetts

THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into this 5th day of October 2016, by and between SALEM FIVE CENTS SAVINGS BANK, a wholly-owned, Massachusetts savings bank subsidiary of Salem Five Bancorp (the “Employer”), and JOSEPH W. KENNEDY, residing at the address on file with the Employer (“Employee”) and shall be effective upon the effective date of the merger of Bright Star, Inc. with and into Georgetown Bancorp, Inc. (such date shall be the “Effective Date” of this Agreement).

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AGREEMENT AND PLAN OF MERGER by and among SALEM FIVE BANCORP, BRIGHT STAR, INC. and GEORGETOWN BANCORP, INC. Dated as of October 5, 2016 Index of Defined Terms
Agreement and Plan of Merger • October 11th, 2016 • Georgetown Bancorp, Inc. • State commercial banks • Massachusetts

AGREEMENT AND PLAN OF MERGER, dated as of October 5, 2016 (this “Agreement”), by and among Salem Five Bancorp, a Massachusetts mutual holding company (“Parent”), Bright Star, Inc., a Maryland corporation and wholly owned subsidiary of Parent (“Merger Sub”), and Georgetown Bancorp, Inc., a Maryland corporation (the “Company”).

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