Document:

Director Fee Continuation Plan

 Exhibit 10.10 
  
 LEGACY BANCORP, INC. 
  
 DIRECTOR FEE CONTINUATION PLAN 
  
 This Plan is adopted by Legacy Bancorp, Inc. for the purpose of recognizing and rewarding Directors for services and contributions to the Legacy Banks and
to Legacy Bancorp, Inc. Subject to the terms of the Plan, Directors will receive a continuing benefit from the Holding Company upon retirement or death. 
  
 PART 1. DEFINITIONS 
  
 1.1. AGGREGATE ANNUAL FEES shall mean the total of all fees for services as a Director paid by the Holding Company or the Bank to a Director during a
calendar year. 
  
 1.2. AVERAGE FINAL ANNUAL FEES shall mean the
average of the Aggregate Annual Fees paid to a Director for the three calendar years preceding the year of the Director’s Retirement. 
  
 1.3. BANK shall mean Legacy Bank, a Massachusetts chartered savings bank with its executive offices in Pittsfield, Massachusetts, and its successors.

  
 1.4. BENEFICIARY shall mean the person(s) or trust designated
by a Participant to receive benefits pursuant to this Plan in the event of such Participant’s death. If no Beneficiary is designated, the Beneficiary shall be the Participant’s surviving spouse, if living; otherwise the Participant’s
estate shall be the Beneficiary. 
  
 1.5. CHANGE IN CONTROL. For
purposes of this Plan, a “Change in Control” shall mean an event of a nature that: (i) would be required to be reported in response to Item 5.01(a) of the current report on Form 8-K, as in effect on the date hereof, pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934 (the “Exchange Act”); or (ii) results in a Change in Control of the Bank or the Holding Company within the meaning of the Change in Bank Control Act and the Rules and Regulations promulgated
by the Federal Deposit Insurance Corporation (“FDIC”) at 12 C.F.R. ss. 303.4(a) with respect to the Bank and the Rules and Regulations promulgated by the Office of Thrift Supervision (“OTS”) (or its predecessor agency), with
respect to the Holding Company, as in effect on the date of this Plan, or (iii) without limitation such a Change in Control shall be deemed to have occurred at such time as (A) any “person” (as the term is used in Sections 13(d) and 14(d)
of the Exchange Act) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Bank or the Holding Company representing 20% or more of the Bank’s or the
Holding Company’s outstanding securities except for any securities of the Bank purchased by the Holding Company in connection with the conversion of the Bank to the stock form and any securities purchased by any tax qualified employee benefit
plan of the Bank; or (B) individuals who constitute the Board of Directors on the date hereof (the “Incumbent Board”) cease for any reason to constitute at least a majority thereof, provided that any person becoming a director subsequent
to the date hereof whose election was approved by a vote of at least three-quarters of the directors comprising the Incumbent Board, or whose nomination for election by the Holding Company’s 

  

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stockholders was approved by the same Nominating Committee serving under an Incumbent Board, shall be, for purposes of this clause (B), considered as though
he were a member of the Incumbent Board; or (C) a plan of reorganization, merger, consolidation, sale of all or substantially all the assets of the Bank or the Holding Company or similar transaction occurs in which the Bank or Holding Company is not
the resulting entity; or (D) solicitations of shareholders of the Holding Company, by someone other than the current management of the Holding Company, seeking stockholder approval of a plan of reorganization, merger or consolidation of the Holding
Company or Bank or similar transaction with one or more corporations as a result of which the outstanding shares of the class of securities then subject to the plan or transaction are exchanged for or converted into cash or property or securities
not issued by the Bank or the Holding Company shall be distributed; or (E) a tender offer is made for 20% or more of the voting securities of the Bank or the Holding Company. 
  
 1.6. DIRECTOR(s) shall mean persons duly elected as a director of the Bank or the Holding Company, and who are not
compensated employees of the Bank or the Holding Company. 
  
 1.7.
EFFECTIVE DATE of the Plan shall mean                     , 2005. 
  
 1.8. HOLDING COMPANY shall mean Legacy Bancorp, Inc. 
  
 1.9. NORMAL PAYMENT DATE shall mean the later to occur of (a) the date upon which the Director attains the Minimum
Retirement Age and (b) the date on which the Director ceases to serve as a Director. 
  
 1.10. MINIMUM RETIREMENT AGE shall mean the date on which the Director attains age seventy (70). 
  
 1.11. NORMAL RETIREMENT BENEFIT shall consist of five equal annual payments, each of which shall be equal in amount to the Director’s Average Final
Annual Fees (determined as of the date of termination of service as a Director). 
  
 1.12. PARTICIPANT shall mean a Director who has been duly elected as such, meets the Eligibility requirements of the Plan, and has not waived participation in the Plan. 
  
 1.13. PLAN shall mean the terms, conditions and benefits provided by this
document and any amendment or restatement of this document. 
  
 1.14. RETIREMENT shall mean termination of services as a Director for any reason other than death, disability or Specially-Defined Cause. 
  
 1.15. SPECIALLY-DEFINED CAUSE shall mean the Director’s deliberate dishonesty with respect to any of the Bank, the Holding Company, or any subsidiary
or affiliate thereof, or conviction of a crime related to banking activity. 
  
 1.16. YEARS OF SERVICE shall mean the number of years a Participant has served as a Director or Clerk of the Bank or the Holding Company, whether before or after the Effective 

  

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Date of the Plan. Except as otherwise provided in Section 2.4, Years of Service shall include service as a director with a corporate predecessor of the Bank
or the Holding Company. 
  
 PART 2. ELIGIBILITY AND BENEFITS

  
 2.1. ELIGIBILITY. Any person who is a Director as of the
Effective Date of the Plan shall be eligible to participate in the Plan immediately. Any person elected as a Director subsequent to the Effective Date of the Plan shall be eligible to participate in the Plan as of the first day of the calendar month
next following the date of his election as a Director. 
  
 2.2.
NORMAL RETIREMENT BENEFIT. Upon Retirement, a Participant who has either (i) completed 15 Years of Service as of the date of Retirement, or (ii) completed at least 10 Years of Service and attained Minimum Retirement Age as of the date of Retirement,
shall be entitled to receive a Normal Retirement Benefit. Payment of this benefit shall commence upon termination of services. 
  
 2.3. LESS THAN 15 YEARS OF SERVICE. Upon Retirement, a Participant who has not either (i) completed at least 15 Years of Service as of the date of
Retirement, or (ii) completed 10 Years of Service and attained Minimum Retirement Age as of the date of Retirement, shall receive (x) the Normal Retirement Benefit multiplied by (y) a fraction of which the numerator shall be the Director’s
total Years of Service and the denominator shall be 15. Payment of this benefit shall commence upon termination of services. 
  
 2.4. LESS THAN 3 YEARS OF SERVICE. Notwithstanding any other provision of this Plan, a Participant who has not completed 3 Years of Service as of the date
of Retirement shall not receive any benefit under this Plan. For purposes of this Section 2.4, the measurement of Years of Service shall include service as a director with the Bank or the Holding Company prior to the Effective Date of the Plan but
shall not include service with a corporate predecessor of the Bank or the Holding Company. 
  
 2.5. BENEFITS UPON CHANGE OF CONTROL. Subject to Section 2.4, if within 3 years following a Change in Control, a Participant’s service as a Director is terminated by the Bank or the Holding Company other than for
Specially-Defined Cause, or if the Director is not proposed for re-election by the nominating committee of the Bank or the Holding Company, the Participant will be entitled to receive a Normal Retirement Benefit calculated as though the Participant
had completed 15 Years of Service. Payment of this benefit shall be made in a lump sum immediately upon termination of service. 
  
 2.6. DISABILITY. Subject to Section 2.4, in the event that a Participant becomes disabled prior to the Minimum Retirement Age, the Participant will be
entitled to receive a Normal Retirement Benefit calculated as thought the Participant had completed fifteen Years of Service. Payment of this benefit shall commence upon termination of services, and shall be made annually. For purposes of this
provision, a Participant shall be considered to be “disabled” when he is no longer capable of performing the material aspects of his Director’s duties as a result of physical and/or mental impairment. Such determination shall be made
by the Board of Directors. 
  
 2.7. PRE-RETIREMENT DEATH. Subject
to Section 2.4, if a Participant dies while continuing to serve as a Director of the Bank or the Holding Company, the Participant’s 

  

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Beneficiary shall be entitled to receive a Normal Retirement Benefit, calculated as if the Participant had completed fifteen Years of Service. Payment of
this benefit shall commence upon the death of the Director and shall be made annually. 
  
 2.8. POST-RETIREMENT DEATH. If a Participant dies after Retirement, the Participant’s Beneficiary shall receive the remainder of any benefit payments to which the Participant was entitled under Section 2.2 or 2.3
above, as applicable. Payments shall be made annually. 
  
 2.9.
TERMINATION FOR SPECIALLY-DEFINED CAUSE. Notwithstanding any other provision hereof, in the event a Participant’s service as a Director is terminated for Specially-Defined Cause, as defined herein, the Participant shall not be entitled to any
benefit under this Plan. 
  
 PART 3. ADDITIONAL PROVISIONS

  
 3.1. PLAN CONTINUATION. This Agreement shall bind the
Directors and the Holding Company, their heirs, successors, personal representatives, successors and assigns. 
  
 3.2. PLAN AMENDMENT OR TERMINATION. This Plan may be amended or terminated by a two-thirds vote of all directors of the Holding Company, but any such
amendment or termination shall not affect or change rights or obligations incurred up to the time of such amendment or termination. 
  
 3.3. APPLICABLE LAW. This Plan shall be governed and construed in accordance with the laws of the Commonwealth of Massachusetts. 
  
 3.4 COMPLIANCE WITH 409A OF THE CODE. To the extent applicable, it is
intended that this Plan comply with the provisions of Section 409A of the Code, so as to prevent the inclusion in gross income of any amounts payable or benefits provided hereunder in a taxable year that is prior to the taxable year or years in
which such amounts or benefits would otherwise actually be distributed, provided or otherwise made available to a Participant. This Plan shall be construed, administered, and governed in a manner consistent with this intent. Any provision that would
cause any amount payable or benefit provided under this Plan to be includable in the gross income of a Participant under Section 409A(a)(1) of the Code shall have no force and effect unless and until amended to cause such amount or benefit to not be
so includable (which amendment may be retroactive to the extent permitted by Section 409A of the Code and may be made by the Holding Company without the consent of Participants). In particular, to the extent a Participant becomes entitled to receive
a payment or a benefit upon an event that does not constitute a permitted distribution event under Section 409A(a)(2) of the Code, then notwithstanding anything to the contrary in this Plan, such payment or benefit will be made or provided to the
Participant on the earlier of (i) the Participant’s “separation from service” with the Bank or Holding Company (determined in accordance with Section 409A of the Code); provided however, that if the Participant is a “specified
employee” (within the meaning of Section 409A of the Code), the Participant’s date of payment shall be made on the date which is 6 months after the date of the Participant’s separation of service with the Bank or Holding Company or
(ii) the Participant’s death. Any reference in this Plan to Section 409A of the Code 

  

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shall also include any proposed, temporary or final regulations, or any other guidance, promulgated with respect to such Section by the U.S. Department of
the Treasury or the Internal Revenue Service. 
  
 IN WITNESS
THEREOF, the Holding Company has caused this Plan to be executed by its duly authorized officer effective as of the Effective Date. 
  

			
	LEGACY BANCORP, INC.
		
	By:	 	 
		
	 Date:
	 	 

  

 5Second Amendment to the Re-Established Retirement Plan for Salaried Employees

 EXECUTION COPY 
  
 Exhibit 10.1B 
  
 SECOND AMENDMENT 
 To The

 RE-ESTABLISHED RETIREMENT PLAN FOR SALARIED EMPLOYEES OF 
 KEWAUNEE SCIENTIFIC CORPORATION 
 (As Amended and Restated Effective as of
May 1, 2001) 
  
 WHEREAS, Kewaunee Scientific
Corporation (the “Company”) maintains the Re-Established Retirement Plan for Salaried Employees of Kewaunee Scientific Corporation (the “Plan”), which was most recently amended and restated in its entirety by an instrument
effective as of May 1, 2001, to incorporate changes to the Internal Revenue Code of 1986, as amended (the “Code”) made by recent Acts of Congress; and 
  

WHEREAS, pursuant to Section 12.2 of the Plan, the Company reserved the right to amend the Plan, from time to time, in its discretion as long as
such amendment does not cause assets of the Trust Fund to be diverted or used for purposes other than the exclusive benefit of participants, to favor highly compensated employees or to amend the Plan in a manner which would reduce accrued benefits
in violation of Section 411(d)(6) of the Code; and 
  
 WHEREAS,
in accordance with Section 12.2 of the Plan, the Board of Directors of the Company has found it desirable to freeze participation and benefit accrual under the Plan effective as of April 30, 2005, but to continue to otherwise operate the Plan
according to its terms and to maintain the Plan in accordance with all applicable laws.  
  
 NOW THEREFORE, pursuant to the authority reserved to the Company under Section 12.2. of the Plan, the Plan be and hereby is amended as set forth
below. All amendments are effective as of April 30, 2005. 
  

	1.	The Plan is amended by the addition of a new Article IA immediately preceding Article I of the Plan to provide as follows: 

  
 ARTICLE IA 
  
 SPECIAL PROVISION AND PLAN FREEZE 
  
 Effective as of April 30, 2005, the Plan is frozen. The existence of the Plan
and Trust subsequent to April 30, 2005 will be solely for the purpose of continuing to hold and invest the assets of the Plan until such amounts are distributed to Participants and Beneficiaries pursuant to the terms and conditions of the Plan.
Effective as of April 30, 2005, all benefits accrued to date pursuant to Articles V and VI of the Plan shall be frozen and each Participant’s Accrued Benefit shall become one hundred percent (100%) vested. No Employees nor other persons shall
become Participants in the Plan on or after April 30, 2005. This Article IA shall apply as of April 30, 2005. To the extent of any conflict with existing provisions of the Plan, this Article IA shall supercede such provisions. 
  

	2.	Article II of the Plan is amended by the addition of a new Section 2.12(e) to provide as follows: 

  

	 	“(e)	Anything contained herein to the contrary notwithstanding, for purposes of determining any Participant’s Accrued Benefit, effective as of and after April 30, 2005, the
Compensation to be taken into account shall be the amount of the Participant’s Compensation on April 30, 2005.” 

  

	3.	Article II of the Plan is amended by the addition of the following sentence to the end of Section 2.39: 

  
 “As of and after April 30, 2005, no Employee nor Participant shall earn additional Years of Service under the Plan
notwithstanding their continued employment with the Employer.” 
  

	4.	Article III of the Plan is amended by the addition of a new Section 3.1(d) to provide as follows: 

  

	 	“(d)	Anything contained herein to the contrary notwithstanding, effective as of April 30, 2005, no Employee or any other person shall become a Participant in the Plan.”

  

	5.	Article III of the Plan is amended by the addition of a new Section 3.3(c) to provide as follows: 

  

	 	“(c)	Anything contained herein to the contrary notwithstanding, effective as of April 30, 2005, no Employee nor any other person shall become a Participant in the Plan upon the
recommencement of their employment with the Employer or for any other reason.” 

  

	6.	Article IV of the Plan is amended by the addition of a new Section 4.1(g) to provide as follows: 

  

	 	“(g)	Freeze of Credited Service. Anything contained herein to the contrary notwithstanding, effective as of April 30, 2005, each Employee’s and each Participant’s Years
of Credited Service under the Plan shall be frozen at the number of their Years of Credited Service earned as of April 30, 2005. As of and after April 30, 2005, no Employee nor Participant shall earn additional Years of Credited Service under the
Plan notwithstanding their continued employment with the Employer.” 

  

	7.	Article IV of the Plan is amended by the addition of the following sentence to the end of Section 4.3: 

  
 “Effective as of April 30, 2005, each Participant hereunder shall be deemed to have met their Vesting Date,
notwithstanding the Participant’s actual number of Years of Service.” 
  

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	8.	Article IV of the Plan is amended by the addition of the following sentences to the end of Section 4.4(b) as follows: 

  

	 	“(b)	Notwithstanding the foregoing, any Participant who experiences a Break in Service not in excess of five (5) years shall have all of his Credited Service earned prior to April 30,
2005 taken into consideration under the Plan. No Participant shall earn Credited Service under the Plan on and after April 30, 2005.” 

  

	9.	Article IV of the Plan is amended by the addition of the following sentences to the end of Section 4.4(c) as follows: 

  

	 	“(c)	Notwithstanding the foregoing, as of and after April 30, 2005, no Participant shall earn additional Years of Credited Service under the Plan notwithstanding their continued
employment with the Employer. Further for purposes of determining the Participant’s Final Average Compensation, effective as of and after April 30, 2005, Compensation earned by the Participant on and after April 30, 2005 shall not be taken into
account.” 

  

	10.	Article V of the Plan is amended by the addition of a new Section 5.5(c) to provide as follows: 

  

	 	“(c)	Anything contained herein to the contrary notwithstanding, effective as of April 30, 2005, the vested percentage of each Participant’s Accrued Benefit on April 30, 2005 shall
be one hundred percent (100%).” 

  

	11.	Article V of the Plan is amended by the addition of a new Section 5.6 to provide as follows: 

  

	 	“5.6	Freeze of Accrued Benefits. Anything contained herein to the contrary notwithstanding, effective as of April 30, 2005, each Participant’s Accrued Benefit under the Plan
shall be frozen. Notwithstanding the foregoing, Participants in the Plan as of April 30, 2005 must continue to satisfy the requirements of this Article V in order to receive a Pension.” 

  

	12.	Article VI of the Plan is amended by deleting Section 6.1 and by replacing the deleted language with a new Section 6.1 as follows: 

  

	 	“6.1	 Benefits Generally. Subject to the limitations hereinafter set forth in this Article VI, each Participant who retires on or after he has fulfilled the
requirements for a Pension as set forth in Article V shall be entitled to the Pension determined in accordance with the provisions of this Article VI. Notwithstanding the foregoing, effective as of and after April 30, 2005, the amount of the Pension
to which a Participant may be entitled under this Article VI shall be the amount to which the Participant would be entitled as of April 30, 2005. Each Participant’s Pension entitlement 

  

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hereunder shall be frozen at the amount of the Participant’s Pension entitlement on April 30, 2005.” 

  

	13.	Article XII of the Plan is amended by the addition of a new Section 12.11 to provide as follows: 

  

	 	“12.11 	Freeze of Plan. Effective as of and after April 30, 2005, the Plan is frozen. Each Participant’s Accrued Benefit and participation herein shall be frozen as of said
date.” 

  

	14.	Although no corresponding amendment shall be made to any provision of the Plan, the Committee is empowered to operate and administer the Plan consistent with the amendments
reflected herein. 

  
 IN WITNESS WHEREOF,
this Second Amendment to the Re-Established Retirement Plan for Salaried Employees of Kewaunee Scientific Corporation is hereby executed by the officer duly authorized effective as of April 30, 2005. 
  

			
	KEWAUNEE SCIENTIFIC CORPORATION
		
	By:	 	/s/ D. Michael Parker
	 	 	 
	 	 	Vice President, Finance
	 	 	On behalf of the Board of Directors

  

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