FORM OF INCENTIVE STOCK OPTION AWARD AGREEMENT FOR THE NEWPORT BANCORP, INC. 2007 EQUITY INCENTIVE PLANNewport Bancorp Inc • August 29th, 2007 • Savings institution, federally chartered
FORM OF RESTRICTED STOCK AWARD AGREEMENT FOR THE NEWPORT BANCORP, INC. 2007 EQUITY INCENTIVE PLANNewport Bancorp Inc • August 29th, 2007 • Savings institution, federally chartered
FORM OF NON-STATUTORY STOCK OPTION AWARD AGREEMENT FOR THE NEWPORT BANCORP, INC. 2007 EQUITY INCENTIVE PLANStock Option Award Agreement • August 29th, 2007 • Newport Bancorp Inc • Savings institution, federally chartered
FORM OF LOAN AGREEMENTLoan Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the ___ day of _____________________, 200_, by and between the NEWPORT FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Newport Federal Savings Bank Employee Stock Ownership Plan (“ESOP”); and [_________________] (“Lender”), a corporation organized and existing under the laws of _______________.
3,993,055 Shares (subject to increase up to 4,592,013 shares in the event of an oversubscription) NEWPORT BANCORP, INC. (a Maryland corporation) Common Stock (par value $0.01 per share) AGENCY AGREEMENT May 15, 2006Agency Agreement • June 29th, 2006 • Newport Bancorp Inc • Savings institution, federally chartered • New York
FORM OF TRUST AGREEMENT BETWEEN NEWPORT FEDERAL SAVINGS BANK AND [TRUSTEE] FOR THE NEWPORT FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST Effective as of April 1, 2006Trust Agreement • March 20th, 2006 • Newport Bancorp Inc • Newport
This TRUST AGREEMENT dated________________________, BETWEEN, Newport Federal Savings Bank with its administrative office at _______________________ (hereinafter called the “Company”), and __________________________ with its administrative office at ____________________________________(hereinafter called the “Trustee”).
Agreement No.:Adoption Agreement • May 2nd, 2006 • Newport Bancorp Inc • Savings institution, federally chartered • New York
THIS ADOPTION AGREEMENT, upon execution by the Employer and the Trustee, and subsequent approval by a duly authorized representative of Pentegra Services, Inc. (the “Sponsor”), together with the Sponsor’s Employees’ Savings & Profit Sharing Plan and Trust Agreement (the “Agreement”), shall constitute the Newport Federal Savings Bank Employees’ Savings & Profit Sharing Plan and Trust (the “Plan”). The terms and provisions of the Agreement are hereby incorporated herein by this reference; provided, however, that if there is any conflict between the Adoption Agreement and the Agreement, this Adoption Agreement shall control.
EMPLOYMENT AGREEMENTEmployment Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS AGREEMENT (the “Agreement”), made this 14th day of October, 2005, by and between, Newport Federal Savings Bank, a federally chartered savings bank (the “Bank”), and Ray Gilmore (the “Executive”).
Form of Amended and Restated Employment Agreement between Newport Bancorp, Inc. and Executives NEWPORT BANCORP, INC. AMENDED AND RESTATED EMPLOYMENT AGREEMENT BETWEEN KEVIN M MCCARTHY, NINO MOSCARDI, RAY GILMORE AND BRUCE WALSHEmployment Agreement • March 26th, 2010 • Newport Bancorp Inc • Savings institution, federally chartered • Maryland
This Amended and Restated Three-Year Employment Agreement (the “Agreement”), by and among Newport Bancorp, Inc., a Maryland corporation (the “Company”), and ______________ (“Executive”), is hereby amended and restated effective as of __________ (the “Effective Date”). References to the “Bank” herein shall mean Newport Federal Savings Bank.
NEWPORT BANCORP, INC. THREE-YEAR EMPLOYMENT AGREEMENTYear Employment Agreement • August 11th, 2006 • Newport Bancorp Inc • Savings institution, federally chartered • Maryland
AMENDMENT TO THE NEWPORT FEDERAL SAVINGS BANK EMPLOYMENT AGREEMENTEmployment Agreement • August 11th, 2006 • Newport Bancorp Inc • Savings institution, federally chartered
SETTLEMENT AGREEMENTSettlement Agreement • March 5th, 2013 • Newport Bancorp Inc • Savings institution, federally chartered • Connecticut
THIS SETTLEMENT AGREEMENT (the “Settlement Agreement”) is entered into as of March 5, 2013, by and between SI Financial Group, Inc. (“SI”), a Maryland corporation, Newport Bancorp, Inc. (“NB”), a Maryland corporation, Newport Federal Savings Bank, (the “Bank”), a wholly-owned subsidiary of NB, and Nino Moscardi (the “Executive”).
FORM OF NEWPORT BANCORP, INC. THREE-YEAR EMPLOYMENT AGREEMENTEmployment Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS AGREEMENT (the “Agreement”), made this ___ day of _______________, 2006, by and among NEWPORT BANCORP, INC., a Maryland corporation (the “Company”), and _____________________ (“Executive”). References to the “Bank” herein shall mean NEWPORT FEDERAL SAVINGS BANK.
FORM OF EXECUTIVE SPLIT DOLLAR LIFE INSURANCE AGREEMENTS BETWEEN NEWPORT FEDERAL SAVINGS BANK AND KEVIN M. MCCARTHY, NINO MOSCARDI AND BRUCE A. WALSHAgreement • May 14th, 2007 • Newport Bancorp Inc • Savings institution, federally chartered • Rhode Island
On March 31, 2007, Newport Federal Savings Bank entered into an executive split dollar life insurance agreement with Mr. Moscardi that is substantially identical to the attached Form of Executive Split Dollar Life Insurance Agreement. On the same date, Newport Federal Savings Bank increased the benefits to Messrs. McCarthy and Walsh under their existing Executive Split Dollar Life Insurance Agreements, which are also substantially identical to the attached Form of Executive Split Dollar Life Insurance Agreement. The individual agreements differ from the attached form of agreement only with respect to the information contained in Schedule A to each agreement. The Schedules A provide as follows:
AMENDMENT TO THE NEWPORT FEDERAL SAVINGS BANK EMPLOYMENT AGREEMENTEmployment Agreement • August 11th, 2006 • Newport Bancorp Inc • Savings institution, federally chartered
FORM OF DIRECTOR SPLIT DOLLAR LIFE INSURANCE AGREEMENTS BETWEEN NEWPORT FEDERAL SAVINGS BANK AND PETER W. RECTOR, DONALD N. KAULL, ROBERT S. LAZAR, MICHAEL S. PINTO, MICHAEL J. HAYES, BARBARA SACCUCCI RADEBACH, ALICIA S. QUIRK, PETER T. CROWLEY,...Newport Bancorp Inc • May 14th, 2007 • Savings institution, federally chartered • Rhode Island
THIS AGREEMENT, made and entered into this 31st day of March, 2007, by and among Newport Federal Savings Bank (hereinafter referred to as the “Bank”), a Bank organized and existing under the laws of Rhode Island, and __________________, hereinafter referred to as the “Director”).
NEWPORT BANCORP, INC. TWO-YEAR EMPLOYMENT AGREEMENTYear Employment Agreement • August 11th, 2006 • Newport Bancorp Inc • Savings institution, federally chartered • Maryland
NEWPORT FEDERAL SAVINGS BANK CHANGE IN CONTROL AGREEMENTChange in Control Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
This AGREEMENT (“Agreement”) is hereby entered into as of October 14, 2005, by and between Newport Federal Savings Bank (the “Bank”), a federally-chartered savings bank with its principal offices at 100 Bellevue Avenue, Newport, Rhode Island 02840-3231 and ______________(“Executive”).
Parties to Supplemental Director Retirement Agreement: Newport Federal Savings Bank and Peter Crowley (1) Newport Federal Savings Bank and William R. Harvey (2) Newport Federal Savings Bank and Michael Hayes (3) Newport Federal Savings Bank and Robert...Supplemental Director Retirement Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS AGREEMENT, made and entered into this ___ day of ______________, 200_ (hereinafter the “Effective Date”), by Newport Federal Savings Bank, (hereinafter referred to as the “Bank”), a bank organized and existing under the laws of Rhode Island, and _____________________ hereinafter referred to as the “Director”).
FIRST AMENDMENT TO SUPPLEMENTAL DIRECTOR RETIREMENT AGREEMENTSupplemental Director Retirement Agreement • March 26th, 2010 • Newport Bancorp Inc • Savings institution, federally chartered • Rhode Island
First Amendment, dated as of November__, 2008 (the “Amendment”), to the Supplemental Director Retirement Agreement, dated as of ________ __, 200_ (as amended, the “Agreement”), by and among Newport Federal Savings Bank (the “Bank”) and ______________ (the “Director”) is effective as of January 1, 2008. Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.
AMENDMENT TO THE NEWPORT FEDERAL SAVINGS BANK CHANGE IN CONTROL AGREEMENTControl Agreement • August 11th, 2006 • Newport Bancorp Inc • Savings institution, federally chartered
FORM OF NEWPORT FEDERAL SAVINGS BANK AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • March 26th, 2010 • Newport Bancorp Inc • Savings institution, federally chartered • Rhode Island
This Amended and Restated Employment Agreement (the “Agreement”), by and between, Newport Federal Savings Bank, a federally chartered savings bank (the “Bank”), and ______________ (the “Executive”), is hereby amended and restated effective as of __________, ____. Any references to the “Company” shall mean Newport Bancorp, Inc., the stock holding company of the Bank.
FIRST AMENDMENT To EXECUTIVE SPLIT DOLLAR LIFE INSURANCE AGREEMENTExecutive Split Dollar Life Insurance Agreement • August 17th, 2012 • Newport Bancorp Inc • Savings institution, federally chartered
THIS FIRST AMENDMENT (“Amendment”) to the Executive Split Dollar Life Insurance Agreement (“Agreement”) by and between Newport Federal Savings Bank (the “Bank”) and Nino Moscardi (the “Executive”) is effective as of the 16th day of August, 2012.
FORM OF SUPPLEMENTAL DIRECTOR RETIREMENT AGREEMENTS BETWEEN NEWPORT FEDERAL SAVINGS BANK AND PETER W. RECTOR, WILLIAM R. HARVEY, DONALD N. KAULL, ROBERT S. LAZAR, MICHAEL S. PINTO, MICHAEL J. HAYES, BARBARA SACCUCCI RADEBACH, ALICIA S. QUIRK, PETER T....Supplemental Director Retirement Agreement • May 14th, 2007 • Newport Bancorp Inc • Savings institution, federally chartered • Rhode Island
THIS AGREEMENT, made and entered into this 31st day of March, 2007 (hereinafter the “Effective Date”), by Newport Federal Savings Bank, (hereinafter referred to as the “Bank”), a bank organized and existing under the laws of Rhode Island, and _______________ (hereinafter referred to as the “Director”).
AMENDMENT TO THE NEWPORT FEDERAL SAVINGS BANK CHANGE IN CONTROL AGREEMENTChange in Control Agreement • August 11th, 2006 • Newport Bancorp Inc • Savings institution, federally chartered
Second Amendment to Form of Newport Federal Savings Bank Supplemental Director Retirement Agreement. SECOND AMENDMENT TO SUPPLEMENTAL DIRECTOR RETIREMENT AGREEMENTSupplemental Director Retirement Agreement • March 22nd, 2013 • Newport Bancorp Inc • Savings institution, federally chartered
This Second Amendment (the “Second Amendment”) to the Supplemental Director Retirement Agreement, dated as of March __, 2007 (as amended, the “Agreement”), by and among Newport Federal Savings Bank (the “Bank”) and ______________ (the “Director”) is effective as of _____________, 2011. Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.
FORM OF EXECUTIVE SPLIT DOLLAR LIFE INSURANCE AGREEMENTDollar Life Insurance Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS AGREEMENT, made and entered into this ___ day of ____________ 200_, by and among Newport Federal Savings Bank (hereinafter referred to as the “Bank”), a Bank organized and existing under the laws of Rhode Island, and ___________________ (hereinafter referred to as the “Executive”).
FORM OF SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENTS BETWEEN NEWPORT FEDERAL SAVINGS BANK AND CAROL R. SILVEN, KEVIN M. MCCARTHY, NINO MOSCARDI, BRUCE A. WALSH AND RAY D. GILMORE, IISupplemental Executive Retirement Agreement • May 14th, 2007 • Newport Bancorp Inc • Savings institution, federally chartered • Rhode Island
THIS AGREEMENT, made and entered into this 31st day of March, 2007 (hereinafter the “Effective Date”), by Newport Federal Savings Bank, (hereinafter referred to as the “Bank”), a bank organized and existing under the laws of Rhode Island, and (hereinafter referred to as the “Employee”).
ContractAgreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
Exhibit 10.14: Form of Director Split Dollar Life Insurance Agreements between Newport Federal Savings Bank and Peter Crowley, Michael Hayes, Donald N. Kaull, Michael S. Pinto, Alicia S. Quirk and Peter W. Rector
ContractSupplemental Executive Retirement Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
Exhibit 10.6: Form of Supplemental Executive Retirement Agreements between Newport Federal Savings Bank and Carol R. Silven, Ray D. Gilmore, II, Kevin M. McCarthy and Bruce A. Walsh
AMENDMENT TO THE NEWPORT FEDERAL SAVINGS BANK CHANGE IN CONTROL AGREEMENTChange in Control Agreement • August 11th, 2006 • Newport Bancorp Inc • Savings institution, federally chartered
