AGREEMENT AND PLAN OF MERGER DATED AS OF NOVEMBER 21, 2006 BY AND AMONG NEW ENGLAND BANCSHARES, INC., NEW ENGLAND BANCSHARES ACQUISITION, INC. AND FIRST VALLEY BANCORP, INC.Agreement and Plan of Merger • November 28th, 2006 • New England Bancshares, Inc. • Savings institution, federally chartered • Maryland
This is an Agreement and Plan of Merger, dated as of the 21th day of November, 2006 (“Agreement”), by and among New England Bancshares, Inc., a Maryland corporation (“New England Bancshares”), New England Bancshares Acquisition, Inc., a Connecticut corporation (“Acquisition Sub”) and First Valley Bancorp, Inc., a Connecticut corporation (“First Valley Bancorp”).
NEW ENGLAND BANCSHARES, INC. EMPLOYMENT AGREEMENT (Messier)Employment Agreement • November 28th, 2006 • New England Bancshares, Inc. • Savings institution, federally chartered • Maryland
THIS AGREEMENT (the “Agreement”) is hereby entered into as of November 21, 2006 by and between NEW ENGLAND BANCSHARES, INC., a Maryland corporation (the “Company”) with its principal place of business at 855 Enfield Street, Enfield, Connecticut 06082, and ROBERT L. MESSIER, JR. (“Executive”). This Agreement will be effective as of the consummation of the transaction contemplated in the Agreement and Plan of Merger by and between New England Bancshares, Inc., New England Bancshares Acquisition, Inc. and First Valley Bancorp, Inc. dated November 21, 2006 (the “Merger”). References to the “Bank” herein shall mean VALLEY BANK.
VALLEY BANK TWO YEAR CHANGE IN CONTROL AGREEMENTValley Bank • November 28th, 2006 • New England Bancshares, Inc. • Savings institution, federally chartered • Connecticut
This AGREEMENT (“Agreement”) is hereby entered into as November 21, 2006, by and between VALLEY BANK, a commercial bank organized and existing by virtue of the laws of the State of Connecticut (the “Bank”) with its principal place of business at Four Riverside Avenue, Bristol, Connecticut 06011, and ANTHONY M. MATTIOLI(“Executive”). This Agreement will be effective as of the date of consummation of the transaction (the “Effective Date”) contemplated in the Agreement and Plan of Merger by and between New England Bancshares, Inc., New England Bancshares Acquisition, Inc. and First Valley Bancorp, Inc. dated November 21, 2006 (the “Merger”). For purposes of this Agreement, references to the Company shall mean NEW ENGLAND BANCSHARES, INC.
