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                                                                    Exhibit 10.6

                           CHANGE IN CONTROL AGREEMENT

     This Change in Control Agreement (the "Agreement") is made and entered into
by and between ____________ (the "Employee"), HAMPDEN BANK, a
Massachusetts-chartered savings bank, with its principal administrative office
at 19 Harrison Avenue, Springfield, MA 01102 (the "Bank"), and HAMPDEN BANCORP,
INC., a corporation organized under the laws of the State of Delaware, the
holding company for the Bank (the "Holding Company"), effective as of the latest
date set forth by the signatures of the parties hereto below (the "Effective
Date").

     WHEREAS, it is expected that the Bank and/or the Holding Company from time
to time will consider the possibility of an acquisition by another company or
other change in control. The Board of Directors of the Bank (the "Board")
recognizes that such consideration can be a distraction to the Employee and can
cause the Employee to consider alternative employment opportunities. The Board
has determined that it is in the best interests of the Bank and its shareholders
to assure that the Bank will have the continued dedication and objectivity of
the Employee, notwithstanding the possibility, threat or occurrence of a Change
in Control (as defined below) of the Bank or the Holding Company.

     WHEREAS, the Board believes that it is in the best interests of the Bank
and its shareholders to provide the Employee with an incentive to continue his
employment and to motivate the Employee to maximize the value of the Bank upon a
Change in Control for the benefit of its shareholders.

     WHEREAS, the Board believes that it is imperative to provide the Employee
with certain severance benefits upon Employee's termination of employment
following a Change in Control that provides the Employee with enhanced financial
security and provides incentive and encouragement to the Employee to remain with
the Bank notwithstanding the possibility of a Change in Control.

     NOW, THEREFORE, in consideration of the mutual promises, terms, provisions,
and conditions contained in this Agreement, the parties hereby agree as follows:

     1.     TERM OF AGREEMENT. The initial term of this Agreement shall
commence as of the Effective Date and shall continue for two (2) years. The
Board may extend the term of this Agreement for a successive one (1) year term
at the end of the initial term, in its discretion.

     2.     AT-WILL EMPLOYMENT. The Bank and the Employee acknowledge that the
Employee's employment is and shall continue to be at-will, as defined under
Massachusetts law at the time of the execution of this Agreement. If the
Employee's employment terminates (a) for any reason before a Change in Control
(defined below), (b) for Cause (defined below) following a Change in Control,
(c) without Good Reason (defined below) following a Change in Control, or (d) as
a result of the Employee's Death or Disability (defined below), the Employee
shall not be entitled to any payments, benefits, damages, awards or compensation
other than as provided by this Agreement or as may otherwise be available in
accordance with the Bank's established employee plans and practices or pursuant
to other agreements with the Bank.

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     3.     PAYMENTS IN CONNECTION WITH A CHANGE IN CONTROL.

     (a)    For purposes of this Agreement, a "Change in Control" shall mean
any of the following events:

            (1) MERGER. The Bank or the Holding Company merges into or
            consolidates with another entity, or merges another corporation into
            the Bank or Holding Company, and as a result, less than a majority
            of the combined voting power of the resulting corporation
            immediately after the merger or consolidation is held by persons who
            were stockholders of the Bank or the Holding Company immediately
            before the merger or consolidation;

            (2) ACQUISITION OF SIGNIFICANT SHARE OWNERSHIP. There is filed, or
            is required to be filed, a report on Schedule 13D or another form or
            schedule (other than Schedule 13G) required under Sections 13(d) or
            14(d) of the Securities Exchange Act of 1934, as amended, if the
            schedule discloses that the filing person or persons acting in
            concert has or have become the beneficial owner of 25% or more of a
            class of the Bank or the Holding Company's voting securities, but
            this clause (ii) shall not apply to beneficial ownership of Bank or
            Holding Company voting shares held in a fiduciary capacity by an
            entity of which the Bank or the Holding Company directly or
            indirectly beneficially owns 50% or more of its outstanding voting
            securities.

            (3) CHANGE IN BOARD COMPOSITION. During any period of two
            consecutive years, individuals who constitute the Bank's or the
            Holding Company's Board of Directors at the beginning of the
            two-year period cease for any reason to constitute at least a
            majority of the Bank's or the Holding Company's Board of Directors;
            provided, however, that for purposes of this clause (iii), each
            director who is first elected by the board (or first nominated by
            the board for election by the members) by a vote of at least
            two-thirds (2/3) of the directors who were directors at the
            beginning of the two-year period shall be deemed to have also been a
            director at the beginning of such period; or

            (4) SALE OF ASSETS. The Bank or the Holding Company sells to a third
            party all or substantially all of its assets.

            (5) TENDER OFFER. A tender offer is made for 25% or more of the
            voting securities of the Bank or the Holding Company.

     (b)    For purposes of this Agreement, "Termination for Cause" shall mean
termination because of, in the good faith determination of the Board,
Employee's:

     (1)    Act of dishonesty, falsification of Bank or Holding Company
documents, or other intentional misrepresentation related to business matters of
the Bank or the Holding Company;

            (2) Incompetence;

            (3) Willful misconduct or action in bad faith;

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            (4) Breach of fiduciary duty;

            (5) Failure to substantially perform his stated duties and
            obligations to the Bank, including, but not limited to, one or more
            acts of gross negligence;

            (6) Willful violation of any law, rule, or regulation (other than
            traffic violations or similar offenses) that reflects adversely on
            the reputation of the Bank or the Holding Company, any felony
            conviction, any violation of law involving moral turpitude, or any
            violation of a final cease-and-desist order;

            (7) Commission of any tortious act, unlawful act or malfeasance that
            causes or reasonably could cause harm to the Bank or the Holding
            Company;

            (8) Material breach of any provision of this Agreement, or the
            written policies of the Bank and/or Holding Company (including, but
            not limited to the Hampden Bank Code of Ethics and Conflict of
            Interest Policy); and/or

            (9) Violation of the Securities Act of 1933 or the Securities
            Exchange Act of 1934.

     (c)    For purposes of this Agreement, "Good Reason" shall exist if,
without Employee's express written consent, the Bank or the Holding Company
materially breaches any of its obligations under this Agreement. Such a material
breach shall be deemed to occur upon any of the following:

            (1) A material reduction in Employee's responsibilities or authority
            in connection with his employment with the Bank or the Holding
            Company;

            (2) Following a Change in Control, any material reduction in salary
            or benefits below the amounts Employee was entitled to receive
            before the Change in Control; or

            (3) A requirement that Employee relocate his principal business
            office or his principal place of residence outside of the area
            consisting of a thirty-five (35) mile radius from the current main
            office of the Bank and any branch of the Bank, or the assignment to
            Employee of duties that would reasonably require such a relocation.

     Notwithstanding the foregoing, a reduction or elimination of Employee's
benefits under one or more benefit plans maintained as part of a good faith,
overall reduction or elimination of such plans or benefits, applicable to all
participants in a manner that does not discriminate against Employee (except as
such discrimination may be necessary to comply with law), will not constitute an
event of Good Reason or a material breach of this Agreement, provided that
benefits of the same type or to the same general extent as those offered under
such plans before the reduction or elimination are not available to other
officers of the Bank or any affiliate under a plan or plans in or under which
Employee is not entitled to participate.

     (d)    For purposes of this Agreement, "Disability" shall have the same
meaning given to such term under the Bank's Long-Term Disability plan as in
effect from time to time, or, if no such plan is then in effect, the meaning
described in Section 22(c)(3) of the Internal Revenue Code (the "Code").

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     (e)    In the event that, upon a change in ownership or control within the
meaning of Section 409A(a)(2)(A)(v) of the Code, Employee is offered employment
with the Bank or its successor that is comparable in terms of compensation and
responsibilities, and Employee stays for six (6) months after the change in
ownership or control is completed, Employee shall receive a lump sum payment in
the amount of three (3) months base salary.

     (f)    TERMINATION. If within the period ending two (2) years after a
Change in Control, (i) the Bank or the Holding Company terminates Employee's
employment Without Cause (defined in Section 3(b)), or (ii) Employee voluntarily
terminates his employment With Good Reason (defined in Section 3(c)), the Bank
will pay Employee, not later than ten (10) calendar days after the date of
termination of Employee's employment:

            (1) Employee's base salary through the effective date of
            termination, and payment for any accrued but unpaid compensation;

            (2) one lump-sum cash payment equal to one (1) times Employee's
            average "Annual Compensation" over the five (5) most recently
            completed calendar years, ending with the year immediately preceding
            the effective date of the Change in Control. In determining
            Employee's average "Annual Compensation", "Annual Compensation" will
            include base salary and any other taxable income including, but not
            limited to, amounts related to the granting, vesting or exercise of
            restricted stock or stock option awards, commissions, bonuses,
            retirement benefits, director or committee fees and fringe benefits
            paid or accrued for Employee's benefit. Annual compensation will
            also include profit sharing, Employee stock ownership plan and other
            retirement contributions or benefits, including to any tax-qualified
            plan or arrangement (whether or not taxable) made or accrued on
            behalf of Employee for such year; and

            (3) directly, or by reimbursing the Employee for, the monthly
            premium for continuation coverage under the Bank's health, dental
            and disability insurance plans, to the same extent that such
            insurance is provided to persons currently employed by the Bank,
            provided that the Employee makes a timely election for such
            continuation coverage under the Consolidate Omnibus Budget
            Reconciliation Act of 1985 ("COBRA"). The "qualifying event" under
            COBRA shall be deemed to have occurred on the termination date. The
            Bank's obligation under this paragraph shall end 18 months after the
            termination date or at such earlier date as the Employee becomes
            eligible for comparable coverage under another employer's group
            coverage. The Employee agrees to notify the Bank promptly and in
            writing of any new employment and to make full disclosure to the
            Bank of the health and dental insurance coverage available to him
            through such new employment.

     (g)    VOLUNTARY RESIGNATION; TERMINATION FOR CAUSE. If the Employee's
employment terminates by reason of the Employee's voluntary resignation (and is
not for Good Reason), or if the Employee is terminated for Cause, then the
Employee shall not be entitled to receive severance or other benefits except for
those (if any) as may then be established under the Bank's then existing
severance and benefits plans and practices or pursuant to other written
agreements with the Bank.

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     (h)    DISABILITY; DEATH. If the Bank terminates the Employee's employment
as a result of the Employee's Disability, or such Employee's employment is
terminated due to the death of the Employee, then the Employee shall not be
entitled to receive severance or other benefits except for those (if any) as may
then be established under the Bank's then existing severance and benefits plans
and practices or pursuant to other written agreements with the Bank.

     4.     LIMITATION ON PAYMENTS. In the event that the severance and other
benefits provided for in this Agreement or otherwise payable to the Employee (i)
constitute "parachute payments" within the meaning of Section 280G of the Code
and (ii) but for this Section 4, would be subject to the excise tax imposed by
Section 4999 of the Code, then the Employee's severance benefits shall be
either:

            (a)   delivered in full, or

            (b)   delivered as to such lesser extent which would result in no
portion of such severance benefits being subject to excise tax under Section
4999 of the Code,

whichever of the foregoing amounts, taking into account the applicable federal.
state and local income taxes and the excise tax imposed by Section 4999, results
in the receipt by the Employee on an after-tax basis, of the greatest amount of
severance benefits, notwithstanding that all or some portion of such severance
benefits may be taxable under Section 4999 of the Code. Unless the Bank and the
Employee otherwise agree in writing, any determination required under this
Section 4 shall be made in writing by the Bank's independent public accountants
immediately prior to Change in Control (the "Accountants"), whose determination
shall be conclusive and binding upon the Employee and the Bank for all purposes.
For purposes of making the calculations required by this Section 1, the
accountants may make reasonable assumptions and approximations concerning
applicable taxes and may rely on reasonable, good faith interpretations
concerning the application of Sections 280G and 4999 of the Code. The Bank and
the Employee shall furnish to the Accountants such information and documents as
the Accountants may reasonably request in order to make a determination under
this Section. The Bank shall bear all costs the Accountants may reasonably incur
in connection with any calculations contemplated by this Section 4.

     5.     CONFIDENTIALITY AND NON-SOLICITATION.

     (a)    CONFIDENTIALITY.

            (1) "Confidential Information" is information however delivered,
            disclosed, or discovered during the term of Employee's employment,
            which Employee has, or in the exercise of ordinary prudence should
            have, reason to believe is confidential, or which the Bank
            designates as confidential including, but not limited to:

                  (i)    BANK INFORMATION: Bank or Holding Company proprietary
                  information, technical data, trade secrets or know-how,
                  including, but not limited to: research, processes, pricing
                  strategies, communication strategies, sales strategies, sales
                  literature, sales contracts, product plans, products,
                  inventions, methods, services, computer codes or instructions,
                  software and software documentation, equipment, costs,
                  customer lists, business studies, business procedures,
                  finances and other business information disclosed to Employee

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                  by the Bank or the Holding Company, either directly or
                  indirectly in writing, orally or by drawings or observation of
                  parts or equipment and such other documentation and
                  information as is necessary in the conduct of the business of
                  the Bank and/or the Holding Company; and

                  (ii)   THIRD PARTY INFORMATION: confidential or proprietary
                  information received by the Bank or the Holding Company from
                  third parties.

            (2) The Bank's failure to mark any of the Confidential Information
            as confidential or proprietary will not affect its status as
            Confidential Information.

            (3) Employee also agrees that the terms, conditions and subject
            matter of this Agreement are considered Confidential Information.

            (4) Confidential Information does not include information that has
            ceased to be confidential by reason of any of the following: (i) was
            in Employee's possession prior to the date of his or her initial
            employment with the Bank, provided that such information is not
            known by Employee to be subject to another confidentiality agreement
            with, or other obligation of secrecy to, the Bank, the Holding
            Company, or another party; (ii) is generally available to the public
            and became generally available to the public other than as a result
            of a disclosure in violation of this Agreement; (iii) became
            available to Employee on a non-confidential basis from a third
            party, provided that such third party is not known by Employee to be
            bound by a confidentiality agreement with, or other obligation of
            secrecy to, the Bank, the Holding Company, or another party or is
            otherwise prohibited from providing such information to Employee by
            a contractual, legal or fiduciary obligation; or (iv) Employee is
            required to disclose pursuant to applicable law or regulation (as to
            which information, Employee will provide the Bank with prior notice
            of such requirement and, if practicable, an opportunity to obtain an
            appropriate protective order).

            (5) Employee shall not, either during or after the termination of
            his or her employment with the Bank, communicate or disclose to any
            third party the substance or content of any Confidential Information
            (defined above), or use such Confidential Information for any
            purpose other than the performance of Employee's obligations
            hereunder. Employee acknowledges and agrees that any Confidential
            Information obtained by Employee during the performance of his or
            her employment concerning the business or affairs of the Bank, or
            any subsidiary, affiliate or joint venture of the Bank is the
            property of the Bank, or such subsidiary, affiliate or joint venture
            of the Bank, as the case may be.

            (6) Employee agrees to return all Confidential Information,
            including all copies and versions of such Confidential Information
            (including, but not limited to, information maintained on paper,
            disk, CD-ROM, network server, or any other retention device
            whatsoever) and other property of the Bank, to the Bank within two
            (2) business days of his or her separation from the Bank (regardless
            of the reason for the separation).

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            (7) RECOGNITION OF GOOD WILL. Employee further recognizes and
            acknowledges that in the course of employment he is and will be
            introduced to customers and others with important relationships to
            the Bank. Employee acknowledges and agrees that any and all
            "goodwill" associated with any existing or prospective customer,
            account or business partner belongs exclusively to the Bank
            including, but not limited to, any goodwill created as a result of
            direct or indirect contacts or relationships between Employee and
            any existing or prospective customers, accounts, business partners
            and other key relationships of the Bank.

     (b)    NON-SOLICITATION. In view of the covenants above, and as a material
inducement to the Bank to enter into this Agreement and to pay to Employee the
compensation stated in Section 3, Employee agrees that during his employment and
for a period of six (6) months thereafter (the "Non-Solicitation Period"),
Employee shall not, either individually or on behalf of or through any third
party, directly or indirectly, engage in the following activities:

            (1) CUSTOMER, CLIENT AND VENDOR NON-SOLICITATION. Solicit, divert,
            appropriate or take away, or attempt to solicit, divert, appropriate
            or take away, the business or patronage of any of the clients,
            customers or vendors of the Bank that were clients, customers or
            vendors of the Bank while Employee was employed by the Bank and that
            were serviced by Employee, or prospective clients, customers or
            vendors with which Employee had written or oral communications while
            Employee was employed by the Bank.

            (2) EMPLOYEE NON-SOLICITATION. Hire, retain, recruit, entice,
            induce, solicit or encourage any employee or consultant to terminate
            their employment with, or otherwise cease their relationship with,
            the Bank or its parent, subsidiaries or affiliates. This section
            5(c)(2) shall prohibit the aforesaid actions by Employee with
            respect to any person both while such person is a current employee
            or consultant of the Bank or such related entities, and for the
            ninety (90) day period after such person's employment or consultancy
            with the Bank terminates.

     The terms of this Section 5 of the Agreement are in addition to, and not in
lieu of, any other contractual, statutory or common law obligations that
Employee may have relating to the protection of the Bank's Confidential
Information or its property. The terms of this section shall survive
indefinitely Employee's employment with the Bank, provided that the Confidential
Information of the Bank remains confidential and is not a matter of public
knowledge.

     6.     POST-TERMINATION OBLIGATIONS. Any and all payments and benefits due
to Employee under this Agreement are subject to his compliance with Section 5 of
this Agreement. Upon a good faith finding by the Board that Employee breached
Section 5 of this Agreement, the Bank shall be excused from making any and all
payments under this Agreement and Employee shall return to the Bank all previous
payments made to him under this Agreement.

     7.     SUCCESSORS.

            (a) SUCCESSOR TO BANK. The Bank shall require any successor or
assignee, whether direct or indirect, by purchase, merger, consolidation or
otherwise, to all or substantially all of the business or assets of the Bank or
the Holding Company, expressly and unconditionally to assume

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and agree to perform the Bank's obligations under this Agreement, in the same
manner and to the same extent that the Bank would be required to perform if no
such succession or assignment had taken place.

            (b) SUCCESSOR TO THE EMPLOYEE. Neither this Agreement nor any right
or interest hereunder will be assignable or transferable by the Employee, his
beneficiaries or legal representatives, except by will or by the laws of descent
and distribution. This Agreement will inure to the benefit of and be enforceable
by the Employee's legal personal representative.

     8.     NOTICES.

     All notices, requests, demands and other communications in connection with
this Agreement shall be made in writing and shall be deemed to have been given
when delivered by hand or 48 hours after mailing at any general or branch United
States Post Office, by registered or certified mail, postage prepaid, addressed
to the Bank at its principal business offices and to Employee at his home
address as maintained in the records of the Bank.

     9.     SOURCE OF PAYMENTS. All payments provided in this Agreement shall
be paid in from the general funds of the Bank. In the event, however, that the
Bank is unable to make such payments to the Employee, such amounts shall be paid
or provided by the Holding Company.

     10.    MISCELLANEOUS PROVISIONS.

            (a)   NO DUTY TO MITIGATE. The Employee shall not be required to
mitigate the amount of any payment contemplated by this Agreement, nor shall any
such payment be reduced by any earnings that the Employee may receive from any
other source.

            (b)   WAIVER. No provision of this Agreement shall be modified,
waived or discharged unless the modification, waiver or discharge is agreed to
in writing and signed by the Employee and by an authorized officer of the Bank
(other than the Employee). No waiver by either party of any breach of, or of
compliance with, any condition or provision of this Agreement by the other party
shall be considered a waiver of any other condition or provision or of the same
condition or provision at another time. Further, the Bank's waiver of its right
to enforce similar conditions or provisions in another employee's agreement
(employment or other) shall not operate as a waiver of its right to enforce any
of the conditions or provisions in this Agreement.

            (c)   ENTIRE AGREEMENT. This Agreement constitutes the entire
agreement of the parties hereto and supersedes in their entirety all prior
undertakings and agreements of the parties.

            (d)   CHOICE OF LAW; ENFORCEABILITY; WAIVER OF JURY TRIAL.

                  (1)    THE LAW OF MASSACHUSETTS APPLIES TO THIS AGREEMENT.
This Agreement and all transactions contemplated by this Agreement shall be
governed by and construed and enforced in accordance with the internal laws of
the Commonwealth of Massachusetts, without regard to principles of conflicts of
law.

                  (2)    ANY DISPUTE REGARDING THIS AGREEMENT WILL TAKE PLACE
IN MASSACHUSETTS. The Parties agree that this Agreement shall be enforced by the
Business Litigation

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Session of the Massachusetts Superior Court located in Suffolk County, which
retains exclusive jurisdiction and venue for any actions or proceedings, demand,
claim or counterclaim relating to, or arising under, the terms and provisions of
this Agreement, or to its breach. The Parties further acknowledge that material
witnesses and documents would be located in Massachusetts.

            (e)   SEVERABILITY. If a court of competent jurisdiction determines
that any portion of this Agreement is illegal, invalid or unenforceable, then
that portion shall be considered to be removed from the Agreement and it shall
not affect the legality, validity or enforceability of the remainder of the
Agreement and the remainder of the Agreement shall continue in full force and
effect. Similarly, if the scope of any restriction or covenant contained herein
should be or become too broad or extensive to permit enforcement thereof to its
full extent, then the court is specifically authorized by the parties to enforce
any such restriction or covenant to the maximum extent permitted by law, and
Employee hereby consents and agrees that the scope of any such restriction or
covenant may be modified accordingly in any judicial proceeding brought to
enforce such restriction or covenant.

            (f)   WITHHOLDING. All payments made pursuant to this Agreement will
be subject to withholding of applicable income and employment taxes.

            (g)   COUNTERPARTS. This Agreement may be executed in counterparts,
each of which shall be deemed an original, but all of which together will
constitute one and the same instrument.

                                   SIGNATURES

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
___________, 2006.

ATTEST:                                    HAMPDEN BANK

                                           By:
----------------------------                  -----------------------------
Corporate Secretary                           For the Entire Board of Directors

ATTEST:                                    HAMPDEN BANCORP, INC.

                                           By:
----------------------------                  -----------------------------
Corporate Secretary                            For the Entire Board of Directors

WITNESS:                                   EMPLOYEE:

----------------------------------         --------------------------------
Corporate Secretary

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                                                                    EXHIBIT 10.7

                  EXECUTIVE SALARY CONTINUATION AGREEMENT THAT
                      SUPERCEDES AND REPLACES THE EXECUTIVE
                  SUPPLEMENTAL RETIREMENT PLAN AGREEMENT DATED
                                 JANUARY 1, 2004

       THIS AGREEMENT, made and entered into this 11th day of May, 2004, by and
between Hampden Savings Bank a bank organized and existing under the laws of the
Commonwealth of Massachusetts (hereinafter referred to as the "Bank"), and
Thomas R. Burton an Executive of the Bank (hereinafter referred to as the
"Executive").

                                   WITNESSETH:

       WHEREAS, the Bank and the Executive are parties to the Executive Salary
Continuation Agreement dated the 1st day of January, 2004 between Hampden
Savings Bank and Thomas R. Burton that provides for the payment of certain
benefits. This Executive Supplemental Retirement Plan Agreement and the benefits
provided hereunder shall supercede and replace the existing Executive
Supplemental Retirement Plan Agreement and the benefits provided thereby;

       WHEREAS, the Executive has been and continues to be a valued Executive of
the Bank, and is now serving the Bank as its President;

       WHEREAS, it is the consensus of the Board of Directors (hereinafter
referred to as the "Board") that the Executive's services to the Bank in the
past have been of exceptional merit and have constituted an invaluable
contribution to the general welfare of the Bank in bringing the Bank to its
present status of operating efficiency and present position in its field of
activity;

       WHEREAS, the Executive's experience, knowledge of the affairs of the
Bank, reputation, and contacts in the industry are so valuable that assurance of
the Executive's continued services is essential for the future growth and
profits of the Bank and it is in the best interests of the Bank to arrange terms
of continued employment for the Executive so as to reasonably assure the
Executive remains in the Bank's employ during the Executive's lifetime or until
the age of retirement;

       WHEREAS, it is the desire of the Bank that the Executive's services be
retained as herein provided;

       WHEREAS, the Executive is willing to continue in the employ of the Bank
provided the Bank agrees to pay the Executive or the Executive's
beneficiary(ies), certain benefits in accordance with the terms and conditions
hereinafter set forth;

       ACCORDINGLY, it is the desire of the Bank and the Executive to enter into
this Agreement under which the Bank will agree to make certain payments to the
Executive at retirement or the Executive's beneficiary(ies) in the event of the
Executive's death pursuant to this Agreement;

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       FURTHERMORE, it is the intent of the parties hereto that this Executive
Plan be considered an unfunded arrangement maintained primarily to provide
supplemental retirement benefits for the Executive, and be considered a
non-qualified benefit plan for purposes of the Employee Retirement Income
Security Act of 1974, as amended ("ERISA"). The Executive is fully advised of
the Bank's financial status and has had substantial input in the design and
operation of this benefit plan; and

       NOW, THEREFORE, in consideration of services performed in the past and to
be performed in the future as well as of the mutual promises and covenants
herein contained it is agreed as follows:

I.     EMPLOYMENT

       The Bank agrees to employ the Executive in such capacity as the Bank may
       from time to time determine. The Executive will continue in the employ of
       the Bank in such capacity and with such duties and responsibilities as
       may be assigned to him, and with such compensation as may be determined
       from time to time by the Board of Directors of the Bank.

II.    FRINGE BENEFITS

       The Salary continuation benefits provided by this Agreement are granted
       by the Bank as a fringe benefit to the Executive and are not part of any
       Salary reduction plan or an arrangement deferring a bonus or a Salary
       increase. The Executive has no option to take any current payment or
       bonus in lieu of these Salary continuation benefits except as set forth
       hereinafter.

III.   RETIREMENT DATE AND NORMAL RETIREMENT AGE

       A.     RETIREMENT DATE:

              If the Executive remains in the continuous employ of the Bank, the
              Executive shall retire from active employment with the Bank on the
              Executive's sixty-fifth (65th) birthday, unless by action of the
              Board of Directors this period of active employment shall be
              shortened or extended.

       B.     NORMAL RETIREMENT AGE:

              Normal Retirement Age shall mean the date on which the Executive
              attains age sixty-five (65).

IV.    RETIREMENT BENEFIT AND POST-RETIREMENT DEATH BENEFIT

       Upon said retirement, the Bank, commencing with the first day of the
       month following the date of such retirement, shall pay the Executive an
       annual benefit equal to 75% of Final Compensation (Subparagraph XI [O])
       at retirement, less 50% of the Social Security Benefit (Subparagraph XI
       [P]), the Single Life Annuitized Value (Subparagraph XI [N]) of the
       Executive's account balances derived from employer provided contributions
       under

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       the qualified defined contribution plan, the benefit available from the
       pension plan assuming the Single Life Annuitized Value option, and the
       benefit from the Collateral Assignment Split Dollar Plan (Subparagraph XI
       [Q]) maintained by the Bank. Said benefit shall be paid in equal monthly
       installments (1/12th of the annual benefit) until the death of the
       Executive.

V.     DEATH BENEFIT PRIOR TO RETIREMENT

       In the event the Executive should die while actively employed by the Bank
       at any time after the date of this Agreement but prior to the Executive
       attaining the age of sixty-five (65) years (or such later date as may be
       agreed upon), the Bank will pay an annual benefit equal to the accrued
       balance, on the date of death, of the Executive's accrued liability
       retirement account, to such individual or individuals as the Executive
       may have designated in writing and filed with the Bank. In the absence of
       any effective beneficiary designation, any such amounts becoming due and
       payable upon the death of the Executive shall be payable to the duly
       qualified executor or administrator of the Executive's estate. Said
       payment due hereunder shall be made the first day of the second month
       following the decease of the Executive.

VI.    DISABILITY BENEFIT

       In the event the Executive becomes Disabled (Subparagraph XI [M]) prior
       to any Termination of Service, and the Executive's employment is
       terminated because of such Disability, he shall immediately begin
       receiving the benefits in Subparagraph IV above. Such benefit shall begin
       without regard to the Executive's Normal Retirement Age and the Executive
       shall be one hundred percent (100%) vested in the entire benefit amount.
       If there is a dispute regarding whether the Executive is Disabled, such
       dispute shall be resolved by a physician selected by the Bank and such
       resolution shall be binding upon all parties to this Agreement.

VII.   BENEFIT ACCOUNTING

       The Bank shall account for this benefit using the regulatory accounting
       principles of the Bank's primary federal regulator. The Bank shall
       establish an accrued liability retirement account for the Executive into
       which appropriate reserves shall be accrued.

VIII.  TERMINATION OF EMPLOYMENT

       Subject to Subparagraph VIII (i) hereinbelow, in the event that the
       employment of the Executive shall terminate prior to Normal Retirement
       Age, as provided in Paragraph III, by the Executive's voluntary action,
       or by the Executive's discharge by the Bank without cause, then this
       Agreement shall terminate upon the date of such termination of
       employment. The Bank shall pay to the Executive as severance compensation
       an amount of money equal to the accrued balance, on the date of
       termination, of the Executive's liability reserve account multiplied by
       fifty percent (50%) plus ten percent (10%) times the number of full years
       of employment with the Bank from the Effective Date of this Agreement (to
       a maximum of 100%). This severance compensation shall be paid in one

                                        3
<Page>

       hundred eighty (180) equal monthly installments with interest equal to
       the one-year Treasury bill as of the date of termination or paid in a
       lump sum.

       In the event the Executive's death should occur after such severance but
       prior to the completion of the monthly payments provided for in this
       Paragraph VIII, the remaining installments, or a lump sum, at the
       discretion of the Bank, shall be paid to such individual or individuals
       as the Executive may have designated in writing and filed with the Bank.
       In the absence of any effective beneficiary designation, any such amounts
       shall be payable to the duly qualified executor or administrator of the
       Executive's estate. Said payments due hereunder shall begin the first day
       of the second month following the decease of the Executive.

              (i)    DISCHARGE FOR CAUSE: In the event the Executive shall be
                     discharged for cause at any time, all benefits provided
                     herein shall be forfeited. The term "for cause" shall mean
                     any of the following that result in an adverse effect on
                     the Bank: (i) gross negligence or gross neglect; (ii) the
                     commission of a felony or gross misdemeanor involving fraud
                     or dishonesty; (iii) the willful violation of any law,
                     rule, or regulation (other than a traffic violation or
                     similar offense); (iv) an intentional failure to perform
                     stated duties; or (v) a breach of fiduciary duty involving
                     personal profit. If a dispute arises as to discharge "for
                     cause," such dispute shall be resolved by arbitration as
                     set forth in this Executive Plan.

IX.    MUTUAL TO STOCK CONVERSION OR CHANGE OF CONTROL

       Upon a Mutual to Stock Conversion or a Change of Control (as defined in
       Subparagraph XI (L) herein), if the Executive's employment is
       subsequently terminated, except for cause, then the Executive shall
       receive the benefits promised in this Agreement upon attaining Normal
       Retirement Age, as if the Executive had been continuously employed by the
       Bank until said Normal Retirement Age. The Executive will also remain
       eligible for all promised death benefits in this Agreement. In addition,
       no sale, merger, consolidation or conversion of the Bank shall take place
       unless the new or surviving entity expressly acknowledges the obligations
       under this Agreement and agrees to abide by its terms.

X.     RESTRICTIONS ON FUNDING

       The Bank shall have no obligation to set aside, earmark or entrust any
       fund or money with which to pay its obligations under this Executive
       Plan. The Executive, their beneficiary(ies), or any successor in interest
       shall be and remain simply a general creditor of the Bank in the same
       manner as any other creditor having a general claim for matured and
       unpaid compensation.

       The Bank reserves the absolute right, at its sole discretion, to either
       fund the obligations undertaken by this Executive Plan or to refrain from
       funding the same and to determine the extent, nature and method of such
       funding. Should the Bank elect to fund this Executive Plan, in whole or
       in part, through the purchase of life insurance, mutual funds,

                                        4
<Page>

       disability policies or annuities, the Bank reserves the absolute right,
       in its sole discretion, to terminate such funding at any time, in whole
       or in part. At no time shall any Executive be deemed to have any lien,
       right, title or interest in any specific funding investment or assets of
       the Bank.

       If the Bank elects to invest in a life insurance, disability or annuity
       policy on the life of the Executive, then the Executive shall assist the
       Bank by freely submitting to a physical exam and supplying such
       additional information necessary to obtain such insurance or annuities.

XI.    MISCELLANEOUS

       A.     ALIENABILITY AND ASSIGNMENT PROHIBITION:

              Neither the Executive, nor the Executive's surviving spouse, nor
              any other beneficiary(ies) under this Executive Plan shall have
              any power or right to transfer, assign, anticipate, hypothecate,
              mortgage, commute, modify or otherwise encumber in advance any of
              the benefits payable hereunder nor shall any of said benefits be
              subject to seizure for the payment of any debts, judgments,
              alimony or separate maintenance owed by the Executive or the
              Executive's beneficiary(ies), nor be transferable by operation of
              law in the event of bankruptcy, insolvency or otherwise. In the
              event the Executive or any beneficiary attempts assignment,
              commutation, hypothecation, transfer or disposal of the benefits
              hereunder, the Bank's liabilities shall forthwith cease and
              terminate.

       B.     BINDING OBLIGATION OF THE BANK AND ANY SUCCESSOR IN INTEREST:

              The Bank shall not merge or consolidate into or with another bank
              or sell substantially all of its assets to another bank, firm or
              person until such bank, firm or person expressly agree, in
              writing, to assume and discharge the duties and obligations of the
              Bank under this Executive Plan. This Executive Plan shall be
              binding upon the parties hereto, their successors, beneficiaries,
              heirs and personal representatives.

       C.     AMENDMENT OR REVOCATION:

              Subject to Paragraph XIII, it is agreed by and between the parties
              hereto that, during the lifetime of the Executive, this Executive
              Plan may be amended or revoked at any time or times, in whole or
              in part, by the mutual written consent of the Executive and the
              Bank.

       D.     GENDER:

              Whenever in this Executive Plan words are used in the masculine or
              neuter gender, they shall be read and construed as in the
              masculine, feminine or neuter gender, whenever they should so
              apply.

                                        5
<Page>

       E.     EFFECT ON OTHER BANK BENEFIT PLANS:

              Nothing contained in this Executive Plan shall affect the right of
              the Executive to participate in or be covered by any qualified or
              non-qualified pension, profit-sharing, group, bonus or other
              supplemental compensation or fringe benefit plan constituting a
              part of the Bank's existing or future compensation structure.

       F.     HEADINGS:

              Headings and subheadings in this Executive Plan are inserted for
              reference and convenience only and shall not be deemed a part of
              this Executive Plan.

       G.     APPLICABLE LAW:

              The validity and interpretation of this Agreement shall be
              governed by the laws of the Commonwealth of Massachusetts.

       H.     12 U.S.C. Section 1828(k):

              Any payments made to the Executive pursuant to this Executive
              Plan, or otherwise, are subject to and conditioned upon their
              compliance with 12 U.S.C. Section 1828(k) or any regulations
              promulgated thereunder.

       I.     PARTIAL INVALIDITY:

              If any term, provision, covenant, or condition of this Executive
              Plan is determined by an arbitrator or a court, as the case may
              be, to be invalid, void, or unenforceable, such determination
              shall not render any other term, provision, covenant, or condition
              invalid, void, or unenforceable, and the Executive Plan shall
              remain in full force and effect notwithstanding such partial
              invalidity.

       J.     NOT A CONTRACT OF EMPLOYMENT:

              This Agreement shall not be deemed to constitute a contract of
              employment between the parties hereto, nor shall any provision
              hereof restrict the right of the Bank to discharge the Executive,
              or restrict the right of the Executive to terminate employment.

       K.     PRESENT VALUE:

              All present value calculations under this Agreement shall be based
              on the following discount rate:

              Discount Rate:      The discount rate as used in the FASB 87
                                  calculations for the Executive Plan.

                                        6
<Page>

       L.     MUTUAL TO STOCK CONVERSION OR A CHANGE OF CONTROL:

              Mutual to Stock Conversion shall mean the conversion of the Bank
              from a mutual savings bank to an entity that issues stock and is
              owned by its shareholders. Such Mutual to Stock Conversion shall
              be deemed to be a Change of Control for purposes of this
              Agreement. For the purposes of this Agreement, transfers on
              account of deaths or gifts, transfers between family members or
              transfers to a qualified retirement plan maintained by the Bank
              shall not be considered in determining whether there has been a
              Change of Control. The formation of a mutual holding company, for
              the purposes of this Agreement, is not a change of control.

       M.     DISABILITY AND DISABLED:

              Disability and Disabled shall mean because of injury or sickness:

              1.     You cannot perform each of the material duties of your
                     regular occupation; or

              2.     You, while unable to perform all of the material duties of
                     your regular occupation on a full-time basis, are:

                     a.     performing at least one of the material duties of
                            your regular occupation or another occupation on a
                            part-time or full-time basis; and

                     b.     earning currently at least twenty percent (20%) less
                            per month than your indexed per-disability earnings
                            due to the same sickness or injury.

       N.     SINGLE LIFE ANNUITIZED VALUE:

              Single Life Annuitized Value means the annual benefit, payable in
              the form of a single life annuity, that is actuarially equivalent
              in value to a specified lump sum amount where actuarial
              equivalence is determined on the basis of the 1983 Group Annuity
              Mortality Table (sex distinct) at the time of the determination
              and an interest rate equal to the Lehman Brothers Bond Index, as
              published for the most recent calendar month to end at least
              ninety (90) days prior to the date of determination. If such
              mortality table and/or interest rate assumption are not available
              at the time of the determination, then the Bank shall in good
              faith select another mortality table that purports to reflect
              current mortality trends and/or another interest rate that
              purports to reflect prevailing market rates.

       O.     FINAL COMPENSATION:

              Final Compensation means as of any date the Executive's annual
              base salary actually paid during the period of twelve (12)
              consecutive calendar months in

                                        7
<Page>

              which the Executive's base salary was at the highest annual rate
              achieved during or prior to such date.

       P.     SOCIAL SECURITY BENEFIT:

              Social Security Benefit means the Executive's primary old-age
              insurance benefit payable to the Executive beginning at the age at
              which such benefit may be paid without reduction for early payment
              or increase for late payment. If it shall be necessary to
              determine the Executive's Social Security Benefit before the
              Executive has attained the age at which such benefit may be paid
              without reduction, the Executive's Social Security Benefit shall
              be deemed to be equal to the highest primary old-age insurance
              benefit payable to any person who reaches the age at which such
              benefit may be paid on an unreduced basis in the year in which the
              determination is being made.

       Q.     COLLATERAL ASSIGNMENT SPLIT DOLLAR PLAN BENEFIT:

              Collateral Assignment Split Dollar Plan Benefit means the maximum
              loan available for fifteen (15) years at Normal Retirement Age.

       R.     SUPERSEDE AND REPLACE ENTIRE AGREEMENT:

              This Agreement shall supersede the Executive Supplemental
              Retirement Plan Agreement dated January 1, 2004, and shall replace
              the entire Agreement of the parties pertaining to this particular
              Executive Salary Continuation Agreement.

XII.   ERISA PROVISION

       A.     NAMED FIDUCIARY AND PLAN ADMINISTRATOR:

              The "Named Fiduciary and Plan Administrator" of this Executive
              Plan shall be Hampden Savings Bank until its resignation or
              removal by the Board. As Named Fiduciary and Plan Administrator,
              the Bank shall be responsible for the management, control and
              administration of the Executive Plan. The Named Fiduciary may
              delegate to others certain aspects of the management and operation
              responsibilities of the Executive Plan including the employment of
              advisors and the delegation of ministerial duties to qualified
              individuals.

       B.     CLAIMS PROCEDURE AND ARBITRATION:

              In the event a dispute arises over benefits under this Executive
              Plan and benefits are not paid to the Executive (or to the
              Executive's beneficiary(ies) in the case of the Executive's death)
              and such claimants feel they are entitled to receive such
              benefits, then a written claim must be made to the Named Fiduciary
              and Plan Administrator named above within sixty (60) days from the
              date payments are refused. The Named Fiduciary and Plan
              Administrator shall review the written claim and if the claim is
              denied, in whole or in part, they shall provide in writing within
              sixty (60) days of receipt of such claim the specific reasons for
              such denial,

                                        8
<Page>

              reference to the provisions of this Executive Plan upon which the
              denial is based and any additional material or information
              necessary to perfect the claim. Such written notice shall further
              indicate the additional steps to be taken by claimants if a
              further review of the claim denial is desired. A claim shall be
              deemed denied if the Named Fiduciary and Plan Administrator fail
              to take any action within the aforesaid sixty-day period.

              If claimants desire a second review they shall notify the Named
              Fiduciary and Plan Administrator in writing within sixty (60) days
              of the first claim denial. Claimants may review this Executive
              Plan or any documents relating thereto and submit any written
              issues and comments they may feel appropriate. In their sole
              discretion, the Named Fiduciary and Plan Administrator shall then
              review the second claim and provide a written decision within
              sixty (60) days of receipt of such claim. This decision shall
              likewise state the specific reasons for the decision and shall
              include reference to specific provisions of the Plan Agreement
              upon which the decision is based.

              If claimants continue to dispute the benefit denial based upon
              completed performance of this Executive Plan or the meaning and
              effect of the terms and conditions thereof, then claimants may
              submit the dispute to an arbitrator for final arbitration. The
              arbitrator shall be selected by mutual agreement of the Bank and
              the claimants. The arbitrator shall operate under any generally
              recognized set of arbitration rules. The parties hereto agree that
              they and their heirs, personal representatives, successors and
              assigns shall be bound by the decision of such arbitrator with
              respect to any controversy properly submitted to it for
              determination.

              Where a dispute arises as to the Bank's discharge of the Executive
              "for cause," such dispute shall likewise be submitted to
              arbitration as above described and the parties hereto agree to be
              bound by the decision thereunder.

XIII.  TERMINATION OR MODIFICATION OF AGREEMENT BY REASON OF CHANGES IN THE LAW,
       RULES OR REGULATIONS

       The Bank is entering into this Agreement upon the assumption that certain
       existing tax laws, rules and regulations will continue in effect in their
       current form. If any said assumptions should change and said change has a
       detrimental effect on this Executive Plan, then the Bank reserves the
       right to terminate or modify this Agreement accordingly. Upon a Change of
       Control (Paragraph IX), this paragraph shall become null and void
       effective immediately upon said Change of Control.

XIV.   EFFECTIVE DATE

       The Effective Date of the Executive Plan shall be January 1, 2004.

                                        9
<Page>

       IN WITNESS WHEREOF, the parties hereto acknowledge that each has
carefully read this Agreement and executed the original thereof on the first day
set forth hereinabove, and that, upon execution, each has received a conforming
copy.

<Table>
<S>                                <C>
                                   HAMPDEN SAVINGS BANK
                                   Springfield, MA

/s/ Ann Kantianis                  By:/s/ Robert A. Massey (Senior Vice President and Treasurer)
----------------------------          -----------------------------------------------------------
Witness                               (Bank Officer other than Executive)         Title

/s/ Ann Kantianis                  /s/ Thomas R. Burton
----------------------------       ---------------------------------------------
Witness                            Thomas R. Burton
</Table>

                                       10

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