Exhibit 10.1 EMPLOYMENT AGREEMENT AGREEMENT made and entered into as of the 9th day of July, 2002 by and between Beverly National Corporation, a Massachusetts corporation having its principal place of business at 240 Cabot Street in Beverly,...Employment Agreement • August 13th, 2002 • Beverly National Corp • National commercial banks • Massachusetts
EMPLOYMENT AGREEMENT AGREEMENT made and entered into as of this 24 day of December, 1996 by and between Beverly National Corporation, a Massachusetts corporation having its principal place of business in Beverly, Massachusetts ("Company"), and Julia...Employment Agreement • March 28th, 1997 • Beverly National Corp • National commercial banks • Massachusetts
AMENDED AND RESTATED SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT for Lawrence M. Smith February 6, 2002Supplemental Executive Retirement Agreement • March 28th, 2002 • Beverly National Corp • National commercial banks • Massachusetts
Consultant shall not be entitled to participate in the benefit programs of the Company and its subsidiaries by virtue of this Consulting Agreement, but nothing herein contained shall limit rights Consultant otherwise has with respect to such benefit...Consulting Agreement • March 28th, 1997 • Beverly National Corp • National commercial banks • Massachusetts
Attest: BEVERLY NATIONAL CORPORATION /s/Peter E. Simonsen By:/s/Julia L. Robichau ----------------------------- ------------------------ /s/Peter E. Simonsen By:/s/Lawrence M. Smith ----------------------------- ------------------------ Witness...Agreement • March 30th, 1999 • Beverly National Corp • National commercial banks
EMPLOYMENT AGREEMENT BETWEEN BEVERLY NATIONAL CORPORATION AND MICHAEL O. GILLES EMPLOYMENT AGREEMENTEmployment Agreement • August 30th, 2005 • Beverly National Corp • National commercial banks • Massachusetts
AGREEMENT made and entered into as of the 29th day of August, 2005 by and among Beverly National Corporation, a Massachusetts corporation, its subsidiary, Beverly National Bank, a national banking association having its principal place of business at 240 Cabot Street in Beverly, Massachusetts 01915 (which are collectively or individually referred to as the “Bank”), and Michael O. Gilles an individual, with a principal residence of 74 Oak Trail, Bolton, Massachusetts 01740 (the “Employee”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 30th, 2007 • Beverly National Corp • National commercial banks • Massachusetts
AGREEMENT made and entered into as of the 6th day of October, 2003 by and between Beverly National Bank, a national banking association having its principal place of business at 240 Cabot Street in Beverly, Massachusetts 01915 (the “Bank”), and John Putney with a principal residence of 29 Berrywood Lane, Beverly, Massachusetts 01915 (the “Employee”).
FIRST AMENDMENT TO CONSULTING AGREEMENT BETWEEN BEVERLY NATIONAL CORPORATION AND JULIA L. ROBICHAU THIS AGREEMENT, made and entered into this 22nd day of December, 1998 by and between Beverly National Corporation, its subsidiaries and affiliates...Consulting Agreement • March 30th, 1999 • Beverly National Corp • National commercial banks
THIS AGREEMENT, made and entered into this 22nd day of December, 1998 by and between Beverly National Corporation, its subsidiaries and affiliates (hereinafter called the "Corporation") and Julia L. Robichau (hereinafter called the "Executive") is the First Amendment to a Consulting Agreement dated December 24, 1996, by and between the Corporation and Executive. Executive and Corporation hereby agree to amend the Agreement by amending the first sentence of 3 to read "Consultant shall be paid a consulting fee of $30,000 per annum (the "Consulting Fee"), prorated for portions of a year, payable monthly or as otherwise agreed by Consultant and the Corporation."
AGREEMENT AND PLAN OF MERGER by and between DANVERS BANCORP, INC. and BEVERLY NATIONAL CORPORATION Dated as of June 16, 2009Agreement and Plan of Merger • June 22nd, 2009 • Beverly National Corp • National commercial banks • Delaware
AGREEMENT AND PLAN OF MERGER, dated as of June 16, 2009 (this “Agreement”), by and between Danvers Bancorp, Inc., a Delaware corporation (“Buyer”), and Beverly National Corporation, a Massachusetts corporation (the “Company”).
700,000 Shares BEVERLY NATIONAL CORPORATION Common Stock par value $2.50 per share Underwriting AgreementUnderwriting Agreement • July 12th, 2006 • Beverly National Corp • National commercial banks • New York
Beverly National Corporation, a Massachusetts corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to Sandler O’Neill & Partners, L.P. (the “Underwriter”) an aggregate of 700,000 shares (the “Firm Shares”) and, at the election of the Underwriter, up to 105,000 additional shares (the “Optional Shares”) of the common stock, par value $2.50 per share (“Common Stock”), of the Company (the Firm Shares and the Optional Shares that the Underwriter elects to purchase pursuant to Section 2 hereof being collectively called the “Shares”).
THE BEVERLY NATIONAL BANK SALARY CONTINUATION AGREEMENTContinuation Agreement • March 29th, 2005 • Beverly National Corp • National commercial banks • Massachusetts
THIS AGREEMENT is adopted this 11th day of August, 2003, by and between THE BEVERLY NATIONAL BANK, a national bank located in Beverly, Massachusetts (the “Bank”), and DONAT A. FOURNIER (the “Executive”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 30th, 2007 • Beverly National Corp • National commercial banks • Massachusetts
AGREEMENT made and entered into as of the 23rd day of February, 2000 by and between Beverly National Bank, a national banking association having its principal place of business in Beverly, Massachusetts (‘Bank), and James E. Rich, Jr. (the “Employee”).
THE BEVERLY NATIONAL BANK GROUP TERM CARVE OUT PLANPlan • March 29th, 2005 • Beverly National Corp • National commercial banks • Massachusetts
THIS PLAN is adopted this 18th day of June, 2004, by and between THE BEVERLY NATIONAL BANK, nationally-chartered commercial bank located in Beverly, Massachusetts (the “Company”) and the Participant selected to participate in this Plan (the “Participant”).
THE BEVERLY NATIONAL BANK SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • March 30th, 2007 • Beverly National Corp • National commercial banks • Massachusetts
THIS AGREEMENT is adopted this 11th day of August, 2003, by and between THE BEVERLY NATIONAL BANK, a national bank located in Beverly, Massachusetts (the “Bank”), and DONAT A. FOURNIER (the “Executive”).
February 6, 2002 Lawrence M. Smith, President Beverly National Corporation 240 Cabot Street Beverly, MA 01915 Dear Larry: Reference is made to your Employment Agreement dated May 31, 1991, as amended December 22, 1998, between us (the "Agreement")....Beverly National Corp • March 28th, 2002 • National commercial banks
BEVERLY NATIONAL CORPORATION Beverly, MA 01915 CHANGE IN CONTROL AGREEMENT WITH MICHAEL O. GILLES DATED AUGUST 29, 2005Change in Control Agreement • March 30th, 2007 • Beverly National Corp • National commercial banks • Massachusetts
Beverly National Corporation, a Massachusetts corporation (“Corporation”), expects that during your tenure as an officer of Beverly National Bank, a wholly-owned subsidiary of the Corporation (the “Bank”), you will contribute to the growth and success of the Bank in significant ways, and that you will develop an intimate knowledge of the business and affairs of the Bank and of its policies, methods, personnel and problems. The Corporation also recognizes that such contributions and knowledge are expected to be of significant benefit to the future growth and success of the Bank and the Corporation.
CHANGE IN CONTROL AGREEMENT WITH MICHAEL O. GILLES DATED AUGUST 29, 2005Change in Control Agreement • August 30th, 2005 • Beverly National Corp • National commercial banks • Massachusetts
Beverly National Corporation, a Massachusetts corporation (“Corporation”), expects that during your tenure as an officer of Beverly National Bank, a wholly-owned subsidiary of the Corporation (the “Bank”), you will contribute to the growth and success of the Bank in significant ways, and that you will develop an intimate knowledge of the business and affairs of the Bank and of its policies, methods, personnel and problems. The Corporation also recognizes that such contributions and knowledge are expected to be of significant benefit to the future growth and success of the Bank and the Corporation.
RESIGNATION AND CONSULTING AGREEMENT BY AND BETWEEN BEVERLY NATIONAL CORPORATION AND PETER E. SIMONSENResignation and Consulting Agreement • May 2nd, 2005 • Beverly National Corp • National commercial banks • Massachusetts
THIS AGREEMENT is made and concluded this 29th day of April, 2005, by and between Beverly National Corporation, organized and existing under the laws of the Commonwealth of Massachusetts with its main office located in the City of Beverly, Commonwealth of Massachusetts, and Peter E. Simonsen, an individual currently residing in the City of Beverly in the Commonwealth of Massachusetts.
FIRST AMENDMENT TO SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT BETWEEN BEVERLY NATIONAL CORPORATION AND JULIA L. ROBICHAU ---------------------------------------------------------- THIS AGREEMENT, made and entered into this 7th day of July, 1998 by...Agreement • March 30th, 1999 • Beverly National Corp • National commercial banks
EMPLOYMENT AGREEMENTEmployment Agreement • March 30th, 2007 • Beverly National Corp • National commercial banks • Massachusetts
AGREEMENT made and entered into as of the 9th day of July, 2002 by and between Beverly National Corporation, a Massachusetts corporation having its principal place of business at 240 Cabot Street in Beverly, Massachusetts 01915 (“Company”), and Donat Fournier with a principal residence of 17 Homestead Road in West Simsbury, Connecticut 06092-2227 (the “Employee”).
ContractAgreement • March 31st, 2003 • Beverly National Corp • National commercial banks
THIS AGREEMENT, made and entered into as of this 27th day of June, 2002 by and between Beverly National Corporation (the “Corporation”) and Lawrence M. Smith (hereinafter called the “Executive”) is the First Amendment to the Amended and Restated Supplemental Executive Retirement Agreement dated February 6, 2002, by and between the Corporation and Executive (the “2002 SERP”) and the Amended and Restated Supplemental Executive Retirement Agreement dated December 24, 1996, as previously amended (the “1994 SERP” and collectively with the 2002 SERP the “Agreements”).
BEVERLY NATIONAL CORPORATION Beverly, MA 01915 CHANGE IN CONTROL AGREEMENT WITH LORRAINE MITCHELL EFFECTIVE JANUARY 1, 2007Control Agreement • March 30th, 2007 • Beverly National Corp • National commercial banks
Beverly National Corporation, a Massachusetts corporation (“Corporation”), expects that during your tenure as an officer of Beverly National Bank, a wholly-owned subsidiary of the Corporation (the “Bank”), you will contribute to the growth and success of the Bank in significant ways, and that you will develop an intimate knowledge of the business and affairs of the Bank and of its policies, methods, personnel and problems. The Corporation also recognizes that such contributions and knowledge are expected to be of significant benefit to the future growth and success of the Bank and the Corporation.
AMENDMENT TO EMPLOYMENT AGREEMENT as of August 16, 2005Employment Agreement • March 24th, 2006 • Beverly National Corp • National commercial banks • Massachusetts
Reference is made to your Employment Agreement dated July 9, 2002, as amended January 25, 2005 (the “Agreement”). This letter confirms our understanding that in consideration of valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the terms of Exhibit A of the Agreement are hereby amended to delete Item 12 and replace same with new Item 12 which provides as stated below:
as of June 27, 2002Beverly National Corp • March 31st, 2003 • National commercial banks
Reference is made to your Employment Agreement dated May 31, 1991, as amended December 22, 1998 and February 6, 2002, between us (the “Agreement”) and the letter dated the date hereof between us granting stock options to you (“Option Letter”). You have announced you will retire effective July 31, 2002. We agree that such date shall be the effective date of your retirement from the Bank and from this Corporation. This letter will also confirm our understanding that in consideration of the option granted by the Corporation pursuant to the Option Letter and for other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the terms of the Agreement are amended effective on the date hereof to provide that:
