EMPLOYMENT AGREEMENTEmployment Agreement • November 14th, 2014 • Pilgrim Bancshares, Inc. • State commercial banks • Massachusetts
This Employment Agreement (the “Agreement”) is made effective as of October 10, 2014 (the “Effective Date”), by and between Pilgrim Bank (the “Bank”) and Francis E. Campbell (“Executive”). Any reference to the “Company” shall mean Pilgrim Bancshares, Inc. the stock holding company of the Bank.
CHANGE IN CONTROL AGREEMENTChange in Control Agreement • November 14th, 2014 • Pilgrim Bancshares, Inc. • State commercial banks • Massachusetts
This Change in Control Agreement (this “Agreement”) is made effective as of October 10, 2014 (the “Effective Date”), by and between Pilgrim Bank (the “Bank”) and Joan A. MacIntyre (“Executive”). Any reference to the “Company” shall mean Pilgrim Bancshares, Inc., the stock holding company of the Bank.
ContractIncentive Stock Option Award Agreement • June 3rd, 2016 • Pilgrim Bancshares, Inc. • State commercial banks • Massachusetts
NON-QUALIFIED STOCK OPTION AWARD AGREEMENT Stock Option Granted by PILGRIM BANCSHARES, INC. under the PILGRIM BANCSHARES, INC.Non-Qualified Stock Option Award Agreement • June 3rd, 2016 • Pilgrim Bancshares, Inc. • State commercial banks • Massachusetts
AGREEMENT AND PLAN OF MERGER DATED AS OF JULY 25, 2018 BY AND AMONG HOMETOWN FINANCIAL GROUP, MHC, HOMETOWN FINANCIAL GROUP, INC., AND PILGRIM BANCSHARES, INC.Agreement and Plan of Merger • July 25th, 2018 • Pilgrim Bancshares, Inc. • State commercial banks • Maryland
This is an Agreement and Plan of Merger, dated as of the 25th day of July, 2018 (this “Agreement”), by and among Hometown Financial Group, MHC, a Massachusetts mutual holding company (“MHC”), Hometown Financial Group, Inc., a Massachusetts corporation (“Parent”), and Pilgrim Bancshares, Inc., a Maryland corporation (the “Company”).
RP® FINANCIAL, LC. Advisory | Planning | ValuationPilgrim Bancshares, Inc. • March 11th, 2014
This letter sets forth the agreement between Pilgrim Bank, Cohasset, Massachusetts (the “Bank”), the wholly-owned subsidiary of Conahasset Bancshares, Inc. (collectively, the “Company”), which in turn is the subsidiary of Conahasset Bancshares, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the mutual-to-stock conversion transaction by the Company. The scope, timing and fee structure for these appraisal services are described below.
Restricted Stock Award Granted by PILGRIM BANCSHARES, INC. under the PILGRIM BANCSHARES, INC.Equity Incentive Plan • June 3rd, 2016 • Pilgrim Bancshares, Inc. • State commercial banks
Pilgrim Bancshares, Inc. up to 1,897,500 Shares (subject to increase up to 2,182,125 shares) Common Stock ($0.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENTAgency Agreement • June 9th, 2014 • Pilgrim Bancshares, Inc. • State commercial banks • New York
PILGRIM BANK RETENTION BONUS AGREEMENTRetention Bonus Agreement • March 21st, 2018 • Pilgrim Bancshares, Inc. • State commercial banks • Massachusetts
This Retention Bonus Agreement (the “Agreement”) is entered into on this 15th day of June, 2017 by and between Pilgrim Bank (the "Bank") and Christopher G. McCourt (the "Executive"). To incentivize and retain the Executive, the Bank is willing to provide a cash retention bonus payable at the end of a specified period as defined herein, provided that the Executive is continuously employed with the Bank at the end of the specified period. The objective of this Agreement is to align the interests of the Executive with the interests of the Bank to obtain superior results for the Bank and to encourage the Executive to remain employed with the Bank. The retention bonus award under this Agreement is intended to be exempt from Section 409A of the Internal Revenue Code under the “short term deferral rule” set forth in Treasury Regulations Section 1.409A-1(b)(4). Furthermore, this Agreement is intended to be a "bonus program" under U.S. Department of Labor regulation 2510.3-2(c) and shall be con
settlement, Consulting and non-competition AGREEMENTCompetition Agreement • July 25th, 2018 • Pilgrim Bancshares, Inc. • State commercial banks
THIS SETTLEMENT, CONSULTING AND NON-COMPETITION AGREEMENT, dated as of July 25, 2018 (this “Agreement”), is made and entered into by and among Pilgrim Bank (the “Bank”), a Massachusetts-chartered co-operative bank, Pilgrim Bancshares, Inc., a Maryland corporation and stock holding company of the Bank (“Pilgrim”), Hometown Financial Group, Inc., a Massachusetts Corporation (“Hometown”) and Francis E. Campbell (“Executive”). References to the Bank, Pilgrim and Hometown collectively shall be the “Banking Entities” or individually, a “Banking Entity.”
