EMPLOYMENT AGREEMENTEmployment Agreement • November 13th, 2014 • Melrose Bancorp, Inc. • State commercial banks • Massachusetts
This Employment Agreement (the “Agreement”) is made effective as of October 21, 2014 (the “Effective Date”), by and between Melrose Cooperative Bank (the “Bank”) and Jeffrey D. Jones (“Executive”). Any reference to the “Company” shall mean Melrose Bancorp, Inc. the stock holding company of the Bank.
CHANGE IN CONTROL AGREEMENTChange in Control Agreement • November 13th, 2014 • Melrose Bancorp, Inc. • State commercial banks • Massachusetts
This Change in Control Agreement (this “Agreement”) is made effective as of October 21, 2014 (the “Effective Date”), by and between Melrose Cooperative Bank (the “Bank”) and James Oosterman (“Executive”). Any reference to the “Company” shall mean Melrose Bancorp, Inc., the stock holding company of the Bank.
INCENTIVE STOCK OPTION AWARD AGREEMENT Stock Option Granted by MELROSE BANCORP, INC. under the MELROSE BANCORP, INC.Incentive Stock Option Award Agreement • May 25th, 2016 • Melrose Bancorp, Inc. • State commercial banks • Massachusetts
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2015 Equity Incentive Plan (the “Plan”) of Melrose Bancorp, Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” will include the parent and all present and future subsidiaries of the C
NON-QUALIFIED STOCK OPTION AWARD AGREEMENT Stock Option Granted by MELROSE BANCORP, INC. under the MELROSE BANCORP, INC.Non-Qualified Stock Option Award Agreement • May 25th, 2016 • Melrose Bancorp, Inc. • State commercial banks • Massachusetts
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2015 Equity Incentive Plan (the “Plan”) of Melrose Bancorp, Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” will include the parent and all present and future subsidiaries of the C
Melrose Bancorp, Inc. up to 2,990,000 Shares (subject to increase up to 3,438,500 shares) COMMON SHARES ($0.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENT August 12, 2014Agency Agreement • August 15th, 2014 • Melrose Bancorp, Inc. • State commercial banks • New York
MELROSE COOPERATIVE BANK EXECUTIVE SPLIT DOLLAR AGREEMENTExecutive Split Dollar Agreement • November 13th, 2014 • Melrose Bancorp, Inc. • State commercial banks • Massachusetts
This EXECUTIVE SPLIT DOLLAR AGREEMENT (the “Agreement”) is entered into as of this 21st day of October, 2014, by and between Melrose Cooperative Bank (“the Bank”) and Jeffrey Jones (“the Executive”).
NEW BANCORP, INC. (a Maryland corporation) Up to 897,000 Shares (Subject to Increase to 1,031,550 Shares) COMMON STOCK (Par Value $0.01 Per Share) Subscription Price $10.00 Per Share AGENCY AGREEMENT August 12, 2015Agency Agreement • August 18th, 2015 • Melrose Bancorp, Inc. • State commercial banks • New York
Restricted Stock Award Granted by MELROSE BANCORP, INC. under the MELROSE BANCORP, INC.Equity Incentive Plan • May 25th, 2016 • Melrose Bancorp, Inc. • State commercial banks • Massachusetts
This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the 2015 Equity Incentive Plan (the “Plan”) of Melrose Bancorp, Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the “Participant”) hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” will inclu
RP® FINANCIAL, LC.Melrose Bancorp, Inc. • March 11th, 2014
This letter sets forth the agreement between Melrose Co-operative Bank, Melrose, Massachusetts (the “Bank”), and RP® Financial, LC (“RP Financial”) for independent conversion appraisal services in conjunction with the stock to be issued concurrent with the Bank’s proposed mutual-to-stock conversion transaction. The specific appraisal services to be rendered by RP Financial are described below.
