NorthEast Community Bancorp, Inc./Md/ Sample Contracts

Up to 11,787,500 Shares NorthEast Community Bancorp, Inc. (a Maryland corporation) Common Stock (par value $0.01 per share) AGENCY AGREEMENT May 14, 2021
Agency Agreement • May 20th, 2021 • NorthEast Community Bancorp, Inc./Md/ • Savings institutions, not federally chartered • New York
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LOAN AGREEMENT
Loan Agreement • April 26th, 2021 • NorthEast Community Bancorp, Inc./Md/ • Savings institutions, not federally chartered • New York

THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the ____ day of ________, 202__ by and between the NORTHEAST COMMUNITY BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust for the NORTHEAST COMMUNITY BANK EMPLOYEE STOCK OWNERSHIP PLAN, AS AMENDED AND RESTATED (“ESOP”); and NORTHEAST COMMUNITY BANCORP, INC. (the “Lender”), a corporation organized and existing under the laws of the State of Maryland.

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EMPLOYMENT AGREEMENT
Employment Agreement • August 10th, 2023 • NorthEast Community Bancorp, Inc./Md/ • Savings institutions, not federally chartered • New York

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into on June 22, 2023, by and between NORTHEAST COMMUNITY BANCORP, INC., a Maryland corporation (the “Company”), NORTHEAST COMMUNITY BANK (the “Bank”), a New York-chartered stock savings bank headquartered in White Plains, New York, and DONALD S. HOM (the “Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • March 28th, 2024 • NorthEast Community Bancorp, Inc./Md/ • Savings institutions, not federally chartered • New York

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into on February 18, 2021, by and between NORTHEAST COMMUNITY BANCORP, INC., a Maryland corporation (the “Company”), NORTHEAST COMMUNITY BANK (the “Bank”), a New York-chartered stock savings bank headquartered in White Plains, New York, and JOSE COLLAZO (the “Executive”).

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FORM OF TIME-BASED RESTRICTED STOCK AWARD AGREEMENT NORTHEAST COMMUNITY BANCORP, INC. (NON-EMPLOYEE DIRECTORS)
Restricted Stock Award Agreement • September 29th, 2022 • NorthEast Community Bancorp, Inc./Md/ • Savings institutions, not federally chartered • New York

This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan (the “Plan”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. 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 of Directors of NorthEast Community Bancorp, Inc. (“Company”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. A copy of the Plan and related prospectus will be provided to each person granted a Restricted Stock Award. Capitalized terms

Sample 1
FORM OF NON-QUALIFIED STOCK OPTION AWARD AGREEMENT NORTHEAST COMMUNITY BANCORP, INC. (Non-employee Director)
Non-Qualified Stock Option Award Agreement • September 29th, 2022 • NorthEast Community Bancorp, Inc./Md/ • Savings institutions, not federally chartered • New York

This Nonqualified Stock Option (“NSO”) Award agreement (“NSO Award” or “Agreement”) is and will be subject in every respect to the provisions of the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan (the “Plan”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. The holder of this NSO Award (the “Participant”) hereby accepts this NSO 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 of Directors of NorthEast Community Bancorp, Inc. (“Company”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. This award is subject to federal and local law and the requirements of the NASDAQ Stock Market LLC. A copy of the Plan and related prospectus

Sample 1
FORM OF TIME-BASED RESTRICTED STOCK AWARD AGREEMENT NORTHEAST COMMUNITY BANCORP, INC. (Executive)
Restricted Stock Award Agreement • September 29th, 2022 • NorthEast Community Bancorp, Inc./Md/ • Savings institutions, not federally chartered • New York

This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan (the “Plan”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. 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 of Directors of NorthEast Community Bancorp, Inc. (“Company”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. This award is subject to federal and local law and the requirements of the NASDAQ Stock Market LLC. A copy of the Plan and rel

Sample 1
FORM OF PERFORMANCE-BASED RESTRICTED STOCK AWARD AGREEMENT NORTHEAST COMMUNITY BANCORP, INC.
Restricted Stock Award Agreement • September 29th, 2022 • NorthEast Community Bancorp, Inc./Md/ • Savings institutions, not federally chartered • New York

This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan (the “Plan”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. The holder of this Restricted Stock Award (the “Participant”) hereby accepts this Performance-Based 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 of Directors of NorthEast Community Bancorp, Inc. (“Company”) will be final, binding, and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. This award is subject to federal and local law and the requirements of the NASDAQ Stock Market LLC. A copy

Sample 1
FORM OF NON-QUALIFIED STOCK OPTION AWARD AGREEMENT
Non-Qualified Stock Option Award Agreement • September 29th, 2022 • NorthEast Community Bancorp, Inc./Md/ • Savings institutions, not federally chartered • New York

This Nonqualified Stock Option (“NSO”) Award agreement (“NSO Award” or “Agreement”) is and will be subject in every respect to the provisions of the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan (the “Plan”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. The holder of this NSO Award (the “Participant”) hereby accepts this NSO 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 of Directors of NorthEast Community Bancorp, Inc. (“Company”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. This award is subject to federal and local law and the requirements of the NASDAQ Stock Market LLC. A copy of the Plan and related prospectus

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FORM OF CHANGE IN CONTROL AGREEMENT
Form of Change in Control Agreement • March 8th, 2021 • NorthEast Community Bancorp, Inc./Md/ • New York

THIS CHANGE IN CONTROL AGREEMENT entered into as of ________________, 2021 (the “Effective Date”) by and between NorthEast Community Bank, a federal savings bank (the “Bank”), Donald Hom (“the “Executive”) and NorthEast Community Bancorp, Inc., the holding company for the Bank (the “Company”), as guarantor (the “Agreement”).

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AGREEMENT TO DELIVER PROXIES AND SHAREHOLDER SUPPORT
Agreement • March 8th, 2021 • NorthEast Community Bancorp, Inc./Md/ • New York

THIS AGREEMENT (the “Agreement”), dated this 27th day of August 2020 (herein “Effective Date”), is by and among NorthEast Community Bancorp, MHC (the “MHC”), NorthEast Community Bancorp, Inc. (“NECB”), and NorthEast Community Bank (the “Bank”, and collectively with, the MHC and NECB, “The NorthEast Entities”), and Stilwell Activist Fund, L.P. (“Activist Fund”), Stilwell Activist Investments, L.P. (“Activist Investments”), and Stilwell Partners, L.P. (“Stilwell Partners”), and Joseph Stilwell, an individual (collectively, with Activist Fund, Activist Investments, and Stilwell Partners, “The Stilwell Group,” and each individually, a “Stilwell Group Member”).

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