0000915656-05-000167 Sample Contracts

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • December 23rd, 2005 • Newmil Bancorp Inc • Savings institutions, not federally chartered • Connecticut

This Change in Control Agreement (the “Agreement”) is entered into as of this 20th day of December, 2005 by and between NewMil Bancorp, Inc., a Delaware corporation (hereafter “NewMil Bancorp”), and Marlene Warren, Senior Vice President of NewMil Bank (the “Executive”).

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CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • December 23rd, 2005 • Newmil Bancorp Inc • Savings institutions, not federally chartered • Connecticut

This Change in Control Agreement (this “Agreement”) is entered into as of this 20th day of December, 2005 by and between NewMil Bancorp, Inc., a Delaware corporation (hereafter “NewMil Bancorp”), and B. Ian McMahon, Executive Vice President and Chief Financial Officer of NewMil Bank (the “Executive”).

NEWMIL BANK SECOND AMENDED AND RESTATED SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • December 23rd, 2005 • Newmil Bancorp Inc • Savings institutions, not federally chartered • Connecticut

This Second Amended and Restated Salary Continuation Agreement (this “Agreement”) is entered into as of this 20th day of December, 2005, by and between NewMil Bank, a Connecticut-chartered savings bank (the “Bank”), and Francis J. Wiatr, President and Chief Executive Officer of NewMil Bancorp, Inc. and the Bank (the “Executive”).

NEWMIL BANK SECOND AMENDED DIRECTOR DEFERRED COMPENSATION AGREEMENT
Director Deferred Compensation Agreement • December 23rd, 2005 • Newmil Bancorp Inc • Savings institutions, not federally chartered • Connecticut

This Second Amended Director Deferred Compensation Agreement (this “Amended Agreement”) is made as of this 20th day of December, 2005, by and between NewMil Bank, a Connecticut-chartered savings bank (the “Bank”), and Anthony M. Rizzo Sr., a director of the Bank (the “Director”).

SECOND AMENDMENT OF EMPLOYMENT AGREEMENT
Employment Agreement • December 23rd, 2005 • Newmil Bancorp Inc • Savings institutions, not federally chartered

This Second Amendment of Employment Agreement (this “Amendment”) is dated as of this 20th day of December, 2005 by and between Francis J. Wiatr, President and Chief Executive Officer (the “Executive”) of NewMil Bancorp, Inc., a Delaware corporation (“NewMil Bancorp”), and NewMil Bank, a Connecticut-chartered savings bank and wholly owned subsidiary of NewMil Bancorp (the “Bank”).

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