0001104659-11-002237 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • January 21st, 2011 • Danvers Bancorp, Inc. • Savings institution, federally chartered • Massachusetts

This Settlement Agreement (the “Agreement”) is entered into as of January 20, 2011 by and among Kevin T. Bottomley (the “Executive”), People’s United Financial, Inc. (the “Acquiror”) and People’s United Bank (the “Acquiror Bank”) (Acquiror and Acquiror Bank are referred to collectively herein as the “Buyer”), Danvers Bancorp, Inc. (the “Seller”) and Danversbank (the “Seller Bank”).

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AGREEMENT AND PLAN OF MERGER BY AND BETWEEN PEOPLE’S UNITED FINANCIAL, INC. AND DANVERS BANCORP, INC. DATED AS OF January 20, 2011
Agreement and Plan of Merger • January 21st, 2011 • Danvers Bancorp, Inc. • Savings institution, federally chartered • Delaware

This AGREEMENT AND PLAN OF MERGER, dated as of January 20, 2011 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is entered into by and between People’s United Financial, Inc., a Delaware corporation (“Acquiror”) and Danvers Bancorp, Inc., a Delaware corporation (the “Company”).

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