0001628280-22-021267 Sample Contracts

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • August 5th, 2022 • Eastern Bankshares, Inc. • Savings institution, federally chartered • Massachusetts

This Change in Control Agreement (this “Agreement”) is made as of the ___ day of ____________, ____, by and among Eastern Bankshares, Inc., a Massachusetts corporation (“Eastern Bankshares”), its wholly-owned subsidiary, Eastern Bank, a Massachusetts-chartered bank (the “Bank”), and _______________________________ (the “Executive”), residing in Massachusetts. Eastern Bankshares and the Bank are sometimes referred to collectively in this Agreement as “Eastern”. Eastern and the Executive are sometimes referred to individually in this Agreement as a “Party” and collectively as the “Parties”.

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CHANGE IN CONTROL AGREEMENT
Separation Agreement and Release • August 5th, 2022 • Eastern Bankshares, Inc. • Savings institution, federally chartered • Massachusetts

This Separation Agreement and Release (this “Agreement”) is entered into as of ___________ __, _____by and among Eastern Bankshares, Inc., a Massachusetts corporation (“Eastern Bankshares”), Eastern Bank, a Massachusetts-chartered bank and a wholly owned subsidiary of Eastern Bankshares (the “Bank”), Eastern Insurance Group LLC, a Massachusetts limited liability company and a wholly owned subsidiary of the Bank (“EIG”), Eastern Insurance Group LLC, a Massachusetts limited liability company and a wholly owned subsidiary of the Bank (“EIG”), and ___________ (the “Executive”). Eastern Bankshares, the Bank, and EIG are sometimes referred to collectively in this Agreement as “Eastern”. Eastern and the Executive are sometimes referred to individually in this Agreement as a “Party” and collectively as the “Parties”. Any capitalized term used in this Agreement and not otherwise defined shall have the meaning set forth in the Change in Control Agreement (as defined below). For purposes of this

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