Change In Control/Noncompetition Agreement Sample Contracts

Enterprise Bancorp Inc – Change in Control/Noncompetition Agreement (December 22nd, 2010)

This Change in Control/Noncompetition Agreement (this Agreement) entered into on the 21st day of December 2010 (the Effective Date) by and among Enterprise Bancorp, Inc., a Massachusetts corporation (the Company), and its wholly owned subsidiary, Enterprise Bank and Trust Company, a Massachusetts bank and trust company with its main office in Lowell, Massachusetts (the Bank) (the Bank and the Company shall be hereinafter collectively referred to as the Employers), and James A. Marcotte of Londonderry, New Hampshire (the Executive).

Enterprise Bancorp Inc – Change in Control/Noncompetition Agreement (December 24th, 2008)

This Change in Control/Noncompetition Agreement (this Agreement) entered into on the 19th day of December, 2008, by and among Enterprise Bancorp, Inc., a Massachusetts corporation (the Company), and its wholly owned subsidiary, Enterprise Bank and Trust Company, a Massachusetts bank and trust company with its main office in Lowell, Massachusetts (the Bank) (the Bank and the Company shall be hereinafter collectively referred to as the Employers), and Robert R. Gilman of Lowell, Massachusetts (the Executive), amends and restates the Change In Control/Noncompetition Agreement dated as of August, 2001, as amended on July 15, 2005 (Amendment 1) and December 13, 2006 (Amendment 2). The provisions of this Restatement are effective as of January 1, 2008 (the Effective Date).

Enterprise Bancorp Inc – AMENDMENT NO. 1 TO CHANGE IN CONTROL/NONCOMPETITION AGREEMENT Dated as of July 15, 2005 (July 20th, 2005)

Reference is made to that certain Change in Control/Noncompetition Agreement dated as of August 1, 2001 (the Agreement) by and among Enterprise Bancorp, Inc. (the Company) and Enterprise Bank and Trust Company (the Bank and together with the Company, the Employers) and Robert R. Gilman (the Executive).