Document:

Exhibit 10.6

                              AMENDED AND RESTATED
                  ENFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION
                     EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN

                                    ARTICLE I
                                     GENERAL

         1.1 PURPOSE OF THE PLAN.  The purpose of this Plan is to reward certain
             -------------------
management and highly compensated employees of the Employer who have contributed
to the  Employer's  success and are expected to continue to  contribute  to such
success in the future.

         1.2 PLAN  BENEFITS  GENERALLY.  Pursuant to the Plan,  the Employer may
             -------------------------
provide to each Participant a supplemental  retirement  benefit,  subject to the
terms and  conditions  contained  in the Plan and the  Participant's  individual
Participation Agreement.

         1.3  EFFECTIVE  DATE.  The  effective  date of the Plan, as amended and
              ---------------
restated,  is April 1, 2006. The Plan was originally  adopted in the form of the
Enfield Federal Savings and Loan Association Executive  Supplemental  Retirement
Agreement effective July 19, 1999.

                                   ARTICLE II
                                   DEFINITIONS

         ACCRUED  SERP BENEFIT  means,  with  respect to each  Participant,  the
         ---------------------
amount of  liability  that should be accrued by the Employer  (i.e.,  determined
without regard to whether such liability is actually  accrued),  under Generally
Accepted Accounting  Principles ("GAAP"),  for the Employer's  obligation to the
Executive under this Agreement,  by applying Accounting Principles Board Opinion
Number 12 ("APB 12") as amended by Statement of Financial  Accounting  Standards
Number 106 ("FAS 106").

         ADMINISTRATOR means the Board or a committee of the Board designated to
         -------------
serve as Administrator.

         BENEFICIARY means the person or persons  designated by a Participant as
         -----------
his  beneficiary  in accordance  with the provisions of Article V and subject to
the Participation Agreement.

         BOARD means the Board of Directors of the Employer.
         -----

         CAUSE shall have the meaning set forth in Section 4.2.
         -----

         CHANGE OF CONTROL
         -----------------

         (a)      For  purposes of this Plan,  a Change in Control  means any of
                  the following events:

                  (i)      Merger:  The Company merges into or consolidates with
                           ------
                           another  corporation,  or merges another  corporation
                           into  the  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 Company  immediately  before the
                           merger or consolidation.

<PAGE>

                  (ii)     Acquisition of Significant Share Ownership:  There is
                           ------------------------------------------
                           filed or  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,  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  Company's  voting
                           securities,  but this  clause  (b) shall not apply to
                           beneficial ownership of Company voting shares held in
                           a  fiduciary  capacity  by an  entity  of  which  the
                           Company directly or indirectly  beneficially owns 50%
                           or more of its outstanding voting securities.

                  (iii)    Change in Board Composition: During any period of two
                           ---------------------------
                           consecutive  years,  individuals  who  constitute the
                           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 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 stockholders) 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

                  (iv)     Sale of Assets:  The  Company  sells to a third party
                           --------------
                           all or substantially all of its assets.

         CODE means the Internal Revenue Code of 1986, as amended.
         ----
         COMPANY   means New England Bancshares, Inc. and any successor thereto.
         -------

         EMPLOYER  means  Enfield  Federal  Savings  and  Loan  Association,   a
         --------
federally-chartered stock savings institution.

         ERISA means the Employee  Retirement  Income  Security Act of 1974,  as
         -----
amended from time to time.

         EXECUTIVE  means a  management  or highly  compensated  employee of the
         ---------
Employer designated by the Administrator as eligible to participate in the Plan.

         NORMAL RETIREMENT means termination of a Participant's  employment with
         -----------------
the  Employer  for any reason  other than for Cause after such  Participant  has
reached his Normal Retirement Age.

         NORMAL  RETIREMENT AGE means the normal retirement age set forth in the
         ----------------------
Participant's Participation Agreement.

         PARTICIPANT  means any Executive who elects to  participate in the Plan
         -----------
by entering into a Participation Agreement in accordance herewith.

         PARTICIPATION  AGREEMENT means a written agreement between the Employer
         ------------------------
and a  Participant,  pursuant to which the Employer  agrees to make SERP Benefit
payments  in  accordance  with the Plan and the  Participation  Agreement.  Each
Participation Agreement shall contain such information,  terms and conditions as
the Administrator in its discretion may specify,  including without  limitation,
the following:

         (a)      the effective date of the  Participant's  participation in the
                  Plan;

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         (b)      the Participant's Normal Retirement Age;

         (c)      the SERP Benefits to which the  Participant  is entitled under
                  the Plan  and the form of  payment  for  such  benefits  (i.e.
                  installments or lump sum);

         (d)      the identity of the Participant's Beneficiary; and

         (e)      any other provisions which supplement the terms and conditions
                  contained in the Plan and which are not inconsistent  with the
                  terms and conditions of the Plan.

         SERP BENEFIT means,  with respect to each  Participant,  an annual cash
         ------------
benefit in the amount  determined  pursuant to the  Participant's  Participation
Agreement.

                                   ARTICLE III
                          ELIGIBILITY AND PARTICIPATION

         3.1 ELIGIBILITY. The Administrator,  in its sole discretion, shall from
             -----------
time to time determine those  Executive(s)  who shall be eligible to participate
in the Plan.

         3.2 PARTICIPATION. Each Executive who is eligible to participate in the
             -------------
Plan shall enroll in the Plan by entering  into a  Participation  Agreement  and
completing  such  other  forms and  furnishing  such  other  information  as the
Administrator  may  request.  An  Executive's  participation  in the Plan  shall
commence as of the date specified in the Participation Agreement.

                                   ARTICLE IV
                                    BENEFITS

         4.1 SERP BENEFIT. Each Participant, subject to the terms and conditions
             ------------
of his Participation  Agreement,  shall become entitled to receive SERP Benefits
in the  amounts  and for the  periods  set forth in the  executed  Participation
Agreement.

         4.2 NO BENEFITS  PAYABLE UPON  TERMINATION  FOR CAUSE.  Notwithstanding
             -------------------------------------------------
anything in this Plan or in any  Participation  Agreement  to the  contrary,  no
benefits shall be payable to any  Participant  who is terminated from his or her
employment with the Employer for Cause. For purposes hereof, a Participant whose
employment is terminated  for any of the following  reasons shall be regarded as
having been terminated for Cause:

                  (a)      engaging in willful or grossly  negligent  misconduct
                           that is materially injurious to the Employer;

                  (b)      embezzlement or misappropriation of funds or property
                           of the Employer;

                  (c)      conviction  of a felony or the  entrance of a plea of
                           guilty or nolo contendere to a felony;

                  (d)      conviction of any crime involving fraud,  dishonesty,
                           moral turpitude or breach of trust or the entrance of
                           a plea of guilty to such a crime;

                  (e)      issuance  of a final  non-appealable  order  or other
                           direction  by a Federal  or state  regulatory  agency
                           prohibiting  the  Participant's   employment  in  the
                           business of banking; or

                                       3
<PAGE>

                  (f)      the Board's  determination  that the  Participant has
                           failed  to  perform  with   competence  the  material
                           functions  of his  position.  For  purposes  of  this
                           clause (f), "competence" shall be judged by reference
                           to prevailing industry standards.

         4.3      DISTRIBUTIONS TO SPECIFIED EMPLOYEE.
                  -----------------------------------

                  (a)      If any employee is a "Specified Employee," as defined
                           in  subsection  (b)  below,  upon  a  termination  of
                           employment  for any reason other than  Disability  or
                           death, a distribution may not be made before the date
                           which is 6 (six) months after the date of  separation
                           from  service  (or, if earlier,  the date of death of
                           the employee).

                  (b)      A  "Specified  Employee"  means  a key  employee  (as
                           defined  in Code  Section 4 16(i)  without  regard to
                           paragraph (5) thereof) of a corporation  any stock in
                           which is publicly traded on an established securities
                           market or  otherwise,  all within the meaning of Code
                           Section 409A(a)(2)(B)(i).

                                    ARTICLE V
                                  BENEFICIARIES

         5.1  BENEFICIARY.  For  purposes  of this  section,  the  Participant's
              -----------
executed  Participation  Agreement  shall dictate the  Participant's  rights and
responsibilities regarding the Participant's Beneficiary(ies).

                                   ARTICLE VI
                               PLAN ADMINISTRATION

         6.1      ADMINISTRATION.
                  --------------

                  (a)      General.  The  Plan  shall  be  administered  by  the
                           -------
                           Administrator.  The Administrator shall have sole and
                           absolute  discretion to interpret where necessary all
                           provisions   of  the  Plan  and  each   Participation
                           Agreement   (including,    without   limitation,   by
                           supplying omissions from, correcting deficiencies in,
                           or resolving  inconsistencies  or ambiguities in, the
                           language of the Plan, a Participation  Agreement,  or
                           between the Plan and a Participation  Agreement),  to
                           determine  the rights  and  status  under the Plan of
                           Participants or other persons,  to resolve  questions
                           or  disputes  arising  under the Plan and to make any
                           determinations  with respect to the benefits  payable
                           under the Plan and the  persons  entitled  thereto as
                           may be necessary  for the  purposes of the Plan.  The
                           Administrator's  determination  of the  rights of any
                           Executive  or  former  Executive  hereunder  shall be
                           final and binding on all persons, subject only to the
                           claims procedures outlined in Article 7 hereof.

                                       4
<PAGE>

                  (b)      Delegation of Duties.  The Administrator may delegate
                           --------------------
                           any of its administrative duties, including,  without
                           limitation,  duties with  respect to the  processing,
                           review,   investigation,   approval  and  payment  of
                           benefits payable hereunder,  to a named administrator
                           or administrators.

         6.2  REGULATIONS.  The  Administrator  may  promulgate  any  rules  and
              -----------
regulations it deems necessary in order to carry out the purposes of the Plan or
to  interpret  the  provisions  of the Plan;  provided,  however,  that no rule,
regulation or  interpretation  shall be contrary to the  provisions of the Plan.
The rules,  regulations and  interpretations  made by the  Administrator  shall,
subject only to the claims procedure  outlined in Article 7 hereof, be final and
binding on all persons.

         6.3 REVOCABILITY OF ADMINISTRATOR/EMPLOYER  ACTION. Any action taken by
             ----------------------------------------------
the  Administrator  with respect to the rights or benefits under the Plan of any
Executive or former  Executive  shall be revocable  by the  Administrator  as to
payments not yet made to such person in order to correct any  incorrect  payment
to a  Participant  or a  Beneficiary,  and then only to the extent  necessary to
correct  such  error.  Acceptance  of any  benefits  under the Plan  constitutes
acceptance  of, and agreement  to, the  Administrator's  making any  appropriate
adjustments  in future  payments to such person to correct any  previously  made
overpayment or underpayment.

         6.4      AMENDMENT.
                  ---------

                  (a)      Right to Amend.  The Board,  by  written  instrument,
                           --------------
                           shall  have the  right to amend  the Plan at any time
                           and with respect to any  provisions  hereof,  and all
                           parties  hereto or claiming  any  interest  hereunder
                           shall be bound by such amendment;  provided, however,
                           that   no   such   amendment   shall,   without   the
                           Participant's consent, affect or otherwise modify the
                           rights  of  a  Participant   under  a   Participation
                           Agreement in effect prior to the amendment.

                  (b)      Amendment  Required  by  Law.   Notwithstanding   the
                           ----------------------------
                           provisions of Section 6.4(a), the Plan may be amended
                           at any  time,  retroactively  if  required,  if found
                           necessary,  in the opinion of the Board,  in order to
                           ensure   that   the  Plan  is   characterized   as  a
                           non-tax-qualified   plan  of  deferred   supplemental
                           retirement  compensation  maintained for members of a
                           select group of executives and thus exempt from ERISA
                           and in compliance with all other provisions under the
                           Code,  as  such  provisions  relate  to the  original
                           purpose of this Plan,  supplemental retirement income
                           to the  Participant(s)  and/or other related Plan and
                           Employer objectives.

         6.5 TERMINATION.  The Board of the Employer  reserves the right, at any
             -----------
time, to terminate the Plan;  provided however,  that no such termination shall,
without the  Participant's  consent,  affect or otherwise modify the rights of a
Participant  under a  Participation  Agreement in effect prior to the  effective
date of termination.  Following termination of the Plan, unless otherwise agreed
to by the parties,  such  Participation  Agreement shall remaining in effect and
shall be construed by the terms of the Plan in effect prior to the termination.

         6.6  WITHHOLDING.  The  Employer  shall  deduct from any  distributions
              -----------
hereunder any taxes or other amounts required by law to be withheld therefrom.

                                       5
<PAGE>

                                   ARTICLE VII
                              CLAIMS ADMINISTRATION

         7.1 GENERAL. If a Participant, Beneficiary or his or her representative
             -------
is denied all or a portion of an  expected  Plan  benefit for any reason and the
Participant,  Beneficiary  or his or her  representative  desires to dispute the
decision of the Administrator, he/she must file a written notification of his or
her claim with the Administrator.

         7.2 CLAIMS  PROCEDURE.  Upon receipt of any written claim for benefits,
             -----------------
the  Administrator  shall be notified  and shall give due  consideration  to the
claim  presented.  If any  Participant or  Beneficiary  claims to be entitled to
benefits under the Plan and the  Administrator  determines that the claim should
be denied in whole or in part, the Administrator shall, in writing,  notify such
claimant within ninety (90) days of receipt of the claim that the claim has been
denied.   The  Administrator  may  extend  the  period  of  time  for  making  a
determination  with respect to any claim for a period of up to ninety (90) days,
provided that the  Administrator  determines that such an extension is necessary
because  of  special  circumstances  and  notifies  the  claimant,  prior to the
expiration of the initial ninety (90) day period, of the circumstances requiring
the extension of time and the date by which the Administrator  expects to render
a  decision.  If the  claim is denied to any  extent by the  Administrator,  the
Administrator shall furnish the claimant with a written notice setting forth:

                  (a)      the  specific  reason or  reasons  for  denial of the
                           claim;

                  (b)      a specific  reference to the Plan provisions on which
                           the denial is based;

                  (c)      a   description   of  any   additional   material  or
                           information necessary for the claimant to perfect the
                           claim  and an  explanation  of why such  material  or
                           information is necessary; and

                  (d)      an explanation of the provisions of this Article.

         7.3 RIGHT OF APPEAL.  A claimant who has a claim  denied under  Section
             ---------------
7.2 may appeal to the Administrator for reconsideration of that claim. A request
for  reconsideration  under this section must be filed by written  notice within
sixty (60) days  after  receipt by the  claimant  of the notice of denial  under
Section 7.2.

         7.4 REVIEW OF APPEAL. Upon receipt of an appeal the Administrator shall
             ----------------
promptly take action to give due consideration to the appeal. Such consideration
may include a hearing of the parties involved, if the Administrator feels such a
hearing is necessary.  In preparing for this appeal, the claimant shall be given
the right to review  pertinent  documents  and the right to submit in  writing a
statement  of issues  and  comments.  After  consideration  of the merits of the
appeal the  Administrator  shall issue a written decision which shall be binding
on all parties.  The decision shall specifically state its reasons and pertinent
Plan provisions on which it relies. The Administrator's decision shall be issued
within sixty (60) days after the appeal is filed,  except that the Administrator
may extend the period of time for  making a  determination  with  respect to any
claim for a period of up to sixty (60)  days,  provided  that the  Administrator
determines that such an extension is necessary because of special  circumstances
and notifies the claimant, prior to the expiration of the initial sixty (60) day
period,  of the  circumstances  requiring  the extension of time and the date by
which the Administrator expects to render a decision.

         7.5 DESIGNATION.  The  Administrator  may designate any other person of
             -----------
its choosing to make any  determination  otherwise  required under this Article.
Any person so designated shall have the same authority and discretion granted to
the Administrator hereunder.

                                       6
<PAGE>

         7.6  LITIGATION  COSTS.  If a claimant  brings a lawsuit  for  benefits
              -----------------
hereunder, to enforce any right hereunder or for other relief arising out of the
terms of the Plan,  the costs and expenses of  litigation  by any party shall be
borne by the losing party.  The  prevailing  party shall recover as expenses all
reasonable  attorney's fees incurred by it in connection with the proceedings or
any appeals therefrom.

                                  ARTICLE VIII
                                  MISCELLANEOUS

         8.1  ADMINISTRATOR.   The  Administrator  is  expressly   empowered  to
              -------------
interpret the Plan and to determine all questions arising in the administration,
interpretation,  and application of the Plan; to employ actuaries,  accountants,
counsel,   and  other  persons  it  deems   necessary  in  connection  with  the
administration  of the Plan;  to request any  information  from the  Employer it
deems necessary to determine whether the Employer would be considered  insolvent
or subject to a proceeding in  bankruptcy;  and to take all other  necessary and
proper  actions to fulfill its duties as  Administrator.  The  Administrator  is
relieved of all  responsibility  in connection with its duties  hereunder to the
fullest extent  permitted by law, except any breach of duty to the  Participants
or  Beneficiaries.  If any  individual  shall have been  delegated the duties or
responsibilities  as  Administrator,  such  person  shall not be liable  for any
actions by him or her hereunder unless due to his or her own gross negligence or
willful  misconduct and shall be  indemnified  and held harmless by the Employer
from and against  all  personal  liability  to which he or she may be subject by
reason of any act done or omitted to be done in his or her official  capacity as
Administrator  in the good  faith  administration  of the  Plan,  including  all
expenses  reasonably  incurred in his or her  defense in the event the  Employer
fails to provide such defense upon request.

         8.2 NO  ASSIGNMENT.  No  benefit  under  the  Plan  or a  Participation
             --------------
Agreement  shall be  subject in any manner to  anticipation,  alienation,  sale,
transfer,  assignment, pledge, encumbrance, or charge, and any such action shall
be void for all purposes of the Plan or a  Participation  Agreement.  No benefit
shall  in  any  manner  be  subject  to  the  debts,   contracts,   liabilities,
engagements,  or torts of any person,  nor shall it be subject to  attachment or
other legal process for or against any person.

         8.3 NO EMPLOYMENT RIGHTS. Participation in this Plan and execution of a
             --------------------
Participation  Agreement  shall not be construed to confer upon any  Participant
the  legal  right  to be  retained  in the  employ  of the  Employer,  or give a
Participant  or  Beneficiary,  or any other  person,  any  right to any  payment
whatsoever,  except to the extent of the benefits  provided for hereunder.  Each
Participant shall remain subject to discharge to the same extent as if this Plan
had never been adopted and the Participation Agreement had never been executed.

         8.4 INCOMPETENCE.  If the  Administrator  determines that any person to
             ------------
whom a benefit is payable under this Plan is  incompetent  by reason of physical
or  mental  disability,  the  Administrator  shall  have the  power to cause the
payments  becoming due to such person to be made to another  individual  for the
Participant's benefit without  responsibility of the Administrator to see to the
application of such payments.  Any payment made pursuant to such power shall, as
to  such  payment,  operate  as  a  complete  discharge  of  the  Employer,  the
Administrator, and their representatives.

         8.5 IDENTITY.  If, at any time,  any doubt exists as to the identity of
             --------
any  person  entitled  to any  payment  hereunder  or the amount or time of such
payment,  the  Administrator  shall be  entitled  to hold  such sum  until  such
identity  or  amount  or time is  determined  or  until  an  order of a court of
competent  jurisdiction is obtained. The Administrator shall also be entitled to
pay such sum into court in  accordance  with the  appropriate  rules of law. Any
expenses  incurred by the Employer or Administrator  incident to such proceeding
or  litigation  shall be  charged  against  the  SERP  Benefit  of the  affected
Participant.

                                       7
<PAGE>

         8.6 NO  LIABILITY.  No liability  shall attach to or be incurred by any
             -------------
employee of the Employer or Administrator individually under or by reason of the
terms,  conditions,  and  provisions  contained in the Plan,  or for the acts or
decisions  taken  or made  under  or in  connection  with the  Plan;  and,  as a
condition precedent to the establishment of this Plan or the receipt of benefits
hereunder,  or both, such liability, if any, is expressly waived and released by
each  Participant and by any and all persons  claiming  benefits under the Plan.
Such  waiver  and  release  shall  be  conclusively  evidenced  by  any  act  or
participation in or the acceptance of benefits under this Plan.

         8.7 EXPENSES.  Except as otherwise  provided in the Plan,  all expenses
             --------
incurred in the administration of the Plan shall be paid by the Employer.

         8.8 EMPLOYER DETERMINATIONS. Any determinations,  actions, or decisions
             -----------------------
of the  Employer  (including,  but not  limited  to,  Plan  amendments  and Plan
termination)  shall be made by the  Board  in  accordance  with its  established
procedures or by such other individuals, groups, or organizations that have been
properly delegated by the Board to make such determinations or decisions.

         8.9  CONSTRUCTION.  All questions of  interpretation,  construction  or
              ------------
application  arising  under  or  concerning  the  terms  of  this  Plan  and any
Participation  Agreement shall be decided by the Administrator,  in its sole and
final discretion, whose decision shall be final, binding and conclusive upon all
persons.

         8.10 GOVERNING  LAW. To the extent not preempted by federal laws,  this
              --------------
Plan shall be governed  by,  construed  and  administered  under the laws of the
State of Connecticut.

         8.11   SEVERABILITY.   Should  any   provision   of  the  Plan  or  any
                ------------
Participation  Agreement  be deemed or held to be  unlawful  or invalid  for any
reason,  such fact shall not adversely affect the other provisions,  unless such
invalidity  shall render  impossible or impractical  the functioning of the Plan
and,  in such  case,  the  appropriate  parties  shall  immediately  adopt a new
provision to take the place of the one held illegal or invalid.

         8.12 HEADINGS.  The headings contained in the Plan are inserted only as
              --------
a matter of convenience and for reference and in no way define,  limit, enlarge,
or  describe  the scope or intent of this Plan nor in any way shall they  affect
this Plan or the construction of any provision thereof.

         8.13 TERMS.  Capitalized  terms shall have meanings as defined  herein.
              -----
Singular  nouns  shall be read as plural,  masculine  pronouns  shall be read as
feminine, and vice versa, as appropriate.

         8.14 OWNERSHIP OF ASSETS; RELATIONSHIP WITH EMPLOYER. Nothing contained
              -----------------------------------------------
in the Plan, and no action taken pursuant to its provisions,  shall create or be
construed to create a trust of any kind or a fiduciary  relationship between the
Employer and any Participant or any other person.  To the extent that any person
acquires a right to receive  payments  from the Employer  under this Plan,  such
right shall be no greater than the right of an unsecured general creditor of the
Employer.

         8.15  DEPOSITS IN TRUST.  The  Employer  may,  at its sole  discretion,
               -----------------
establish  with a corporate  trustee a grantor  rabbi trust under which all or a
portion of the assets of the Plan are to be held,  administered and managed. The
trust  agreement  evidencing  the trust shall  conform with the terms of Revenue
Procedure 92-64 or any successor procedure.  The Employer in its sole discretion
may make deposits to augment the principal of such trust.

                                       8
<PAGE>

         8.16     REQUIRED PROVISIONS.
                  -------------------

         (a) An Employer may terminate a  Participant's  employment at any time,
         but any termination by the Employer,  other than Termination for Cause,
         shall not otherwise  prejudice the Participant's  right to compensation
         or other benefits under this Plan.

         (b) If a Participant is suspended  and/or  temporarily  prohibited from
         participating in the conduct of the  Association's  affairs by a notice
         served  under  Sections  8(e)(3)  or  8(g)(1)  of the  Federal  Deposit
         Insurance Act, 12 U.S.C.  ss.1818(e)(3)  or (g)(1),  the  Association's
         obligations  under  this  Plan  shall  be  suspended  as of the date of
         service,  unless stayed by appropriate  proceedings.  If the charges in
         the notice are dismissed, the Association may in its discretion (i) pay
         the  Participant  all or part of the  compensation  withheld  while the
         obligations were suspended and (ii) reinstate (in whole or in part) any
         of the obligations which were suspended.

         (c) If a Participant  is removed  and/or  permanently  prohibited  from
         participating in the conduct of the  Association's  affairs by an order
         issued  under  Sections  8(e)(4)  or  8(g)(1)  of the  Federal  Deposit
         Insurance Act, 12 U.S.C.  ss.1818(e)(4)  or (g)(1),  all obligations of
         the  Association  under this Plan shall  terminate as of the  effective
         date of the order.

         (d) If the Association is in default,  as defined in Section 3(x)(1) of
         the  Federal  Deposit  Insurance  Act,  12  U.S.C.  ss.1813(x)(1),  all
         obligations of the  Association  under this Plan shall  terminate as of
         the date of default;  provided,  however, that this paragraph shall not
         affect any vested rights of the parties to this Plan.

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

         8.17 SECTION 409A COMPLIANCE. The Plan and each Participation Agreement
              -----------------------
entered into pursuant to this Plan shall be interpreted in accordance  with, and
shall  comply  in  form  and   operation   with,   Section  409A  of  the  Code.
Notwithstanding any provision of the Plan or any Participation  Agreement to the
contrary,  the Board  may adopt  such  amendments  to the Plan or  Participation
Agreement or adopt other policies and procedures (including amendments, policies
and procedures with  retroactive  effect),  or take any other actions,  that the
Board  determines  are necessary or appropriate to (a) exempt the benefits under
the Plan  from  Section  409A of the  Code  and/or  preserve  the  intended  tax
treatment of the benefits  provided with respect to the deferral,  or (b) comply
with the  requirements  of Section  409A  (including,  without  limitation,  any
related Department of Treasury guidance).

Having been adopted by its Board of Directors on June 12, 2006, this amended and
restated plan is executed by its duly authorized  officer this 12th day of June,
2006.

ATTEST:                                     ENFIELD FEDERAL SAVINGS AND
                                             LOAN ASSOCIATION

/s/ Nancy Grady                             /s/ Peter T. Dow
---------------                             ----------------

                                       9Exhibit 10.10

                              AMENDED AND RESTATED
                          NEW ENGLAND BANCSHARES, INC.
                         2003 STOCK-BASED INCENTIVE PLAN

1.       DEFINITIONS.
         -----------

         (a)   "Affiliate"   means  any  "parent   corporation"  or  "subsidiary
corporation"  of the  Holding  Company,  as such terms are  defined in  Sections
424(e) and 424(f) of the Code.

         (b) "Association" means Enfield Federal Savings and Loan Association, a
federally-chartered savings and loan association.

         (c) "Award" means, individually or collectively, a grant under the Plan
of Non-Statutory Stock Options, Incentive Stock Options and Stock Awards.

         (d) "Award  Agreement" means an agreement  evidencing and setting forth
the terms of an Award.

         (e) "Board of  Directors"  means the board of  directors of the Holding
Company.

         (f) "Change in Control" shall mean any of the following events:

                  (i)      Merger:   The   Holding   Company   merges   into  or
                           ------
                           consolidates  with  another  corporation,  or  merges
                           another corporation into the 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 Holding Company  immediately
                           before the merger or consolidation.

                  (ii)     Acquisition of Significant Share Ownership:  There is
                           ------------------------------------------
                           filed or  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,  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  Holding  Company's
                           voting  securities,  but this  clause  (b)  shall not
                           apply to  beneficial  ownership  of  Holding  Company
                           voting  shares  held in a  fiduciary  capacity  by an
                           entity  of which  the  Holding  Company  directly  or
                           indirectly  beneficially  owns  50%  or  more  of its
                           outstanding voting securities.

                  (iii)    Change in Board Composition: During any period of two
                           ---------------------------
                           consecutive  years,  individuals  who  constitute the
                           Holding Company's Board of Directors at the beginning
                           of the  two-year  period  cease  for  any  reason  to
                           constitute   at  least  a

<PAGE>

                           majority of 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 stockholders) 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

                  (iv)     Sale of Assets:  The Holding Company sells to a third
                           --------------
                           party all or substantially all of its assets.

         (g) "Code" means the Internal Revenue Code of 1986, as amended.

         (h) "Committee" means the Board of Directors or a committee  designated
by the Board of Directors,  pursuant to Section 2 of the Plan, to administer the
Plan.

         (i) "Common Stock" means the common stock of the Holding  Company,  par
value $.01 per share.

         (j) "Date of Grant" means the effective date of an Award.

         (k) "Disability" means any mental or physical condition with respect to
which the Participant  qualifies for and receives benefits for under a long-term
disability  plan of the Holding  Company or an  Affiliate,  or in the absence of
such a long-term  disability  plan or coverage  under such a plan,  "Disability"
shall mean a physical or mental  condition  which, in the sole discretion of the
Committee,   is  reasonably  expected  to  be  of  indefinite  duration  and  to
substantially  prevent  the  Participant  from  fulfilling  his or her duties or
responsibilities to the Holding Company or the Association.

         (l)  "Effective  Date"  means  the  earlier  of the date  that  Plan is
approved by shareholders or June 5, 2003.

         (m) "Employee"  means any person employed by the Holding Company or the
Association.   Directors  who  are  employed  by  the  Holding  Company  or  the
Association shall be considered Employees under the Plan.

         (n)  "Exchange  Act"  means the  Securities  Exchange  Act of 1934,  as
amended.

         (o)  "Exercise  Price"  means  the  price  at which a  Participant  may
purchase a share of Common Stock pursuant to an Option.

         (p) "Fair  Market  Value"  means  the  market  price of  Common  Stock,
determined by the Committee as follows:

                                       2
<PAGE>

                  (i)      If  the  Common  Stock  was  traded  on the  date  in
                           question on The Nasdaq  Stock  Market,  then the Fair
                           Market  Value  shall be equal  to the  closing  price
                           reported for such date;

                  (ii)     If the Common Stock was traded on a stock exchange on
                           the date in  question,  then the  Fair  Market  Value
                           shall be equal to the closing  price  reported by the
                           applicable  composite  transactions  report  for such
                           date; and

                  (iii)    If neither of the foregoing provisions is applicable,
                           then the Fair Market Value shall be determined by the
                           Committee  in good  faith  on such  basis as it deems
                           appropriate.  Whenever possible, the determination of
                           Fair Market Value by the Committee  shall be based on
                           the prices reported in The Wall Street  Journal.  The
                                                  ------------------------
                           Committee's  determination of Fair Market Value shall
                           be conclusive and binding on all persons.

         (q)  "Incentive  Stock  Option"  means  a  stock  option  granted  to a
Participant,  pursuant  to Section 7 of the Plan,  that is  intended to meet the
requirements of Section 422 of the Code.

         (r) "Holding  Company" means New England  Bancshares,  Inc., a Maryland
corporation.

         (s)  "Non-Statutory  Stock  Option"  means a stock option  granted to a
Participant  pursuant  to the terms of the Plan but which is not  intended to be
and is not  identified  as an Incentive  Stock Option or a stock option  granted
under the Plan which is intended to be and is identified  as an Incentive  Stock
Option but which does not meet the requirements of Section 422 of the Code.

         (t) "Option"  means an Incentive  Stock Option or  Non-Statutory  Stock
Option.

         (u) "Outside  Director"  means a member of the board(s) of directors of
the  Holding  Company  or the  Association  who is not also an  Employee  of the
Holding Company or the Association.

         (v) "Participant" means any person who holds an outstanding Award.

         (w) "Plan" means this New England  Bancshares,  Inc.  2003  Stock-Based
Incentive Plan, as amended and restated.

         (x)  "Retirement"  means  voluntary  termination of employment with the
Holding Company or the  Association at or after  attaining age 65.  "Retirement"
with respect to an Outside  Director  means the  termination of service from the
board(s) of directors  of the Holding  Company or the  Association  (for reasons
other than Cause)  after  attaining  age 70 and serving at least 10 years on the
board(s) of directors of the Holding Company or the Association.

                                       3
<PAGE>

         (y) "Stock Award" means an Award  granted to a Participant  pursuant to
Section 8 of the Plan.

         (z)   "Termination   for  Cause"   means   termination   because  of  a
Participant's personal dishonesty,  incompetence,  willful misconduct, breach of
fiduciary duty involving personal profit,  intentional failure to perform stated
duties,  willful  violation of any law, rule or  regulation  (other than traffic
violations  or similar  offenses)  or material  breach of any  provision  of any
employment  agreement  between the Holding  Company and/or any subsidiary of the
Holding Company and a Participant.

         (aa)  "Trust"  means a trust  established  by the Board of Directors in
connection  with  this  Plan to hold  Common  Stock  or other  property  for the
purposes set forth in the Plan.

         (bb)  "Trustee"  means any  person or entity  approved  by the Board of
Directors or its designee(s) to hold any of the Trust assets.

2.       ADMINISTRATION.
         --------------

         (a) The  Committee  shall  administer  the Plan.  The  Committee  shall
consist  of the  Board  of  Directors  of the  Company  in  accordance  with the
disinterested  administration requirements of Rule 16b-3 promulgated by the U.S.
Securities and Exchange Commission.  The Board of Directors may also appoint one
or more separate  committees of the Board of Directors,  each composed of one or
more  directors  of the  Holding  Company  or the  Association  who  need not be
disinterested,  that may grant  Awards and  administer  the Plan with respect to
Employees and Outside Directors who are not considered  officers or directors of
the Holding Company under Section 16 of the Exchange Act.

         (b) The Committee shall (i) select the Employees and Outside  Directors
who are to receive  Awards  under the Plan,  (ii)  determine  the type,  number,
vesting  requirements  and other features and  conditions of such Awards,  (iii)
interpret the Plan and Award  Agreements in all respects and (iv) make all other
decisions  relating to the  operation of the Plan.  The Committee may adopt such
rules  or  guidelines  as it  deems  appropriate  to  implement  the  Plan.  The
Committee's  determinations  under the Plan  shall be final and  binding  on all
persons.

         (c) Each  Award  shall be  evidenced  by a  written  agreement  ("Award
Agreement")  containing  such  provisions  as may be  required  by the  Plan and
otherwise  approved by the Committee.  Each Award Agreement  shall  constitute a
binding  contract  between the Holding  Company and the  Participant,  and every
Participant,  upon acceptance of an Award Agreement, shall be bound by the terms
and  restrictions of the Plan and the Award  Agreement.  The terms of each Award
Agreement  shall be in accordance  with the Plan,  but each Award  Agreement may
include any additional provisions and restrictions  determined by the Committee,
in its discretion, provided that such additional provisions and restrictions are
not inconsistent with the terms of the Plan. In particular and at a minimum, the
Committee  shall  set  forth  in each  Award  Agreement:  (i) the  type of Award
granted;  (ii) the  Exercise  Price of any  Option;  (iii) the  number of shares
subject to the Award; (iv) the expiration date of the Award; and (v) the manner,
time,  and rate

                                       4
<PAGE>

(cumulative or otherwise) of exercise or vesting of such Award.  The Chairman of
the  Committee  and such other  directors and officers as shall be designated by
the Committee is hereby  authorized to execute Award Agreements on behalf of the
Company and to cause them to be delivered to the recipients of Awards.

         (d) The Committee may delegate all authority for: (i) the determination
of forms of payment to be made by or received by the Plan and (ii) the execution
of  any  Award   Agreement.   The  Committee  may  rely  on  the   descriptions,
representations,  reports and estimates  provided to it by the management of the
Holding Company or the Association for determinations to be made pursuant to the
Plan.

3.       TYPES OF AWARDS.
         ---------------

         The following Awards may be granted under the Plan:

         (a)      Non-Statutory Stock Options.
         (b)      Incentive Stock Options.
         (c)      Stock Awards.

4.       STOCK SUBJECT TO THE PLAN.
         -------------------------

         Subject to adjustment as provided in Section 12 of the Plan, the number
of shares  reserved  for Awards  under the Plan is 473,660 (as  adjusted for the
second-step conversion).  Subject to adjustment as provided in Section 12 of the
Plan, the number of shares reserved hereby for purchase pursuant to the exercise
of Options  granted  under the Plan is 338,328 (as  adjusted for the second step
conversion).  The number of the shares  reserved for Stock Awards is 135,332 (as
adjusted  for the second step  conversion).  The shares of Common  Stock  issued
under the Plan may be either authorized but unissued shares or authorized shares
previously  issued and  acquired  or  reacquired  by the  Trustee or the Holding
Company,  respectively.  To the extent that Options and Stock Awards are granted
under the Plan, the shares  underlying  such Awards will be unavailable  for any
other use including future grants under the Plan except that, to the extent that
Stock Awards or Options terminate, expire or are forfeited without having vested
or without having been  exercised,  new Awards may be made with respect to these
shares.

5.       ELIGIBILITY.
         -----------

         Subject to the terms of the Plan,  all Employees and Outside  Directors
shall be eligible to receive Awards under the Plan.

6.       NON-STATUTORY STOCK OPTIONS.
         ---------------------------

         The  Committee  may,  subject  to the  limitations  of the Plan and the
availability of shares of Common Stock reserved but not previously awarded under
the Plan, grant  Non-Statutory  Stock Options to eligible  individuals upon such
terms and conditions as it may determine to the extent such terms and conditions
are consistent with the following provisions:

                                       5
<PAGE>

         (a) Exercise Price. The Committee shall determine the Exercise Price of
             --------------
each Non-Statutory Stock Option.  However,  the Exercise Price shall not be less
than 100% of the Fair Market Value of the Common Stock on the Date of Grant.

         (b) Terms of Non-Statutory Stock Options. The Committee shall determine
             ------------------------------------
the term during which a Participant may exercise a  Non-Statutory  Stock Option,
but in no event may a Participant  exercise a  Non-Statutory  Stock  Option,  in
whole or in part, more than ten (10) years from the Date of Grant. The Committee
shall also determine the date on which each  Non-Statutory  Stock Option, or any
part  thereof,   first  becomes  exercisable  and  any  terms  or  conditions  a
Participant must satisfy in order to exercise each  Non-Statutory  Stock Option.
The shares of Common Stock  underlying  each  Non-Statutory  Stock Option may be
purchased in whole or in part by the  Participant at any time during the term of
such Non-Statutory Stock Option, or any portion thereof,  once the Non-Statutory
Stock Option becomes exercisable.

         (c)  Non-Transferability.  Unless otherwise determined by the Committee
              -------------------
in accordance  with this Section 6(c), a Participant  may not transfer,  assign,
hypothecate,  or  dispose  of in any  manner,  other than by will or the laws of
intestate succession,  a Non-Statutory Stock Option. The Committee may, however,
in its sole discretion,  permit transferability or assignment of a Non-Statutory
Stock Option if such transfer or assignment is, in its sole  determination,  for
valid estate  planning  purposes and such  transfer or  assignment  is permitted
under the Code and Rule 16b-3  under the  Exchange  Act.  For  purposes  of this
Section 6(c), a transfer for valid estate planning purposes includes, but is not
limited  to:  (a) a transfer  to a  revocable  intervivos  trust as to which the
Participant  is  both  the  settlor  and  trustee,  or  (b) a  transfer  for  no
consideration to: (i) any member of the Participant's Immediate Family, (ii) any
trust solely for the benefit of members of the  Participant's  Immediate Family,
(iii) any  partnership  whose only  partners  are  members of the  Participant's
Immediate Family, and (iv) any limited liability corporation or corporate entity
whose only members or equity owners are members of the  Participant's  Immediate
Family. Nothing contained in this Section 6(c) shall be construed to require the
Committee  to  give  its  approval  to  any  transfer  or   assignment   of  any
Non-Statutory  Stock  Option or portion  thereof,  and  approval  to transfer or
assign any Non-Statutory Stock Option or portion thereof does not mean that such
approval will be given with respect to any other  Non-Statutory  Stock Option or
portion thereof.  The transferee or assignee of any  Non-Statutory  Stock Option
shall  be  subject  to  all of the  terms  and  conditions  applicable  to  such
Non-Statutory  Stock Option  immediately prior to the transfer or assignment and
shall be  subject  to any other  conditions  prescribed  by the  Committee  with
respect to such Non-Statutory Stock Option.

         (d) Termination of Employment or Service  (General).  Unless  otherwise
             -----------------------------------------------
determined by the Committee,  upon the termination of a Participant's employment
or other service for any reason other than  Retirement,  Disability or death,  a
Change in Control,  or Termination for Cause,  the Participant may exercise only
those  Non-Statutory  Stock  Options that were  immediately  exercisable  by the
Participant at the date of such  termination  and only for a period of three (3)
months  following  the  date  of such  termination  or,  if  sooner,  until  the
expiration of the term of the Option.

                                       6
<PAGE>

         (e) Termination of Employment or Service (Retirement).  In the event of
             -------------------------------------------------
a   Participant's   Retirement,   the   Participant   may  exercise  only  those
Non-Statutory Stock Options that were immediately exercisable by the Participant
at the date of Retirement and only for a period of one (1) year from the date of
Retirement  or, if  sooner,  until  the  expiration  of the term of the  Option;
provided, however, that upon the Participant's Retirement, the Committee, in its
discretion,  may determine  that all unvested  Options shall continue to vest in
accordance with the Award Agreement if the Participant is immediately engaged by
the Holding  Company or an Affiliate as a consultant  or advisor or continues to
serve the Holding  Company or an Affiliate as a director,  advisory  director or
director emeritus.

         (f) Termination of Employment or Service (Disability or Death).  Unless
             ----------------------------------------------------------
otherwise  determined by the  Committee,  in the event of the  termination  of a
Participant's  employment  or other  service  due to  Disability  or death,  all
Non-Statutory  Stock Options held by such Participant shall  immediately  become
exercisable and remain  exercisable for a period one (1) year following the date
of such  termination,  or, if sooner,  until the  expiration  of the term of the
Option.

         (g)  Termination  of  Employment  or Service  (Termination  for Cause).
              -----------------------------------------------------------------
Unless  otherwise  determined by the Committee,  in the event of a Participant's
Termination   for  Cause,   all  rights  with   respect  to  the   Participant's
Non-Statutory  Stock Options shall expire immediately upon the effective date of
such Termination for Cause.

         (h)  Acceleration  Upon a Change in Control.  Upon a Change in Control,
              --------------------------------------
all  Non-Statutory  Stock  Options held by a  Participant  as of the date of the
Change  in  Control  shall  immediately  become  exercisable  and  shall  remain
exercisable  until  the  expiration  of the term of the  Option,  regardless  of
whether the  Participant  is employed or in service with the  Association or the
Holding Company.

         (i)  Payment.  Payment  due to a  Participant  upon the  exercise  of a
              -------
Non-Statutory Stock Option shall be made in the form of shares of Common Stock.

7.       INCENTIVE STOCK OPTIONS.
         -----------------------

         The  Committee  may,  subject  to the  limitations  of the Plan and the
availability  of shares of Common Stock reserved but unawarded  under this Plan,
grant  Incentive  Stock Options to an Employee upon such terms and conditions as
it may determine to the extent such terms and conditions are consistent with the
following provisions:

         (a) Exercise Price. The Committee shall determine the Exercise Price of
             --------------
each Incentive Stock Option.  However, the Exercise Price shall not be less than
100% of the  Fair  Market  Value  of the  Common  Stock  on the  Date of  Grant;
provided, however, that if at the time an Incentive Stock Option is granted, the
Employee owns or is treated as owning,  for purposes of Section 422 of the Code,
Common Stock  representing more than 10% of the total combined voting securities
of the Holding Company ("10% Owner"),  the Exercise Price shall not be less than
110% of the Fair Market Value of the Common Stock on the Date of Grant.

                                       7
<PAGE>

         (b) Amounts of Incentive  Stock  Options.  To the extent the  aggregate
             ------------------------------------
Fair  Market  Value of shares of Common  Stock with  respect to which  Incentive
Stock Options that are  exercisable for the first time by an Employee during any
calendar  year under the Plan and any other  stock  option  plan of the  Holding
Company  or an  Affiliate  exceeds  $100,000,  or such  higher  value  as may be
permitted  under  Section 422 of the Code,  such Options in excess of such limit
shall be treated as  Non-Statutory  Stock  Options.  Fair Market  Value shall be
determined  as of the Date of Grant with  respect to each such  Incentive  Stock
Option.

         (c) Terms of Incentive Stock Options. The Committee shall determine the
             --------------------------------
term during which a Participant may exercise an Incentive  Stock Option,  but in
no event may a Participant  exercise an Incentive  Stock Option,  in whole or in
part, more than ten (10) years from the Date of Grant;  provided,  however, that
if at the time an Incentive  Stock Option is granted to an Employee who is a 10%
Owner,  the  Incentive  Stock  Option  granted  to such  Employee  shall  not be
exercisable  after the expiration of five (5) years from the Date of Grant.  The
Committee shall also determine the date on which each Incentive Stock Option, or
any part  thereof,  first  becomes  exercisable  and any terms or  conditions  a
Participant  must satisfy in order to exercise each Incentive Stock Option.  The
shares of Common Stock  underlying  each Incentive Stock Option may be purchased
in whole or in part at any time during the term of such  Incentive  Stock Option
after such Option becomes exercisable.

         (d)   Non-Transferability.   No   Incentive   Stock   Option  shall  be
               -------------------
transferable  except  by will or the laws of  descent  and  distribution  and is
exercisable,  during  his or her  lifetime,  only by the  Employee  to whom  the
Committee  grants the Incentive  Stock Option.  The designation of a beneficiary
does not constitute a transfer of an Incentive Stock Option.

         (e) Termination of Employment (General). Unless otherwise determined by
             -----------------------------------
the  Committee,  upon the  termination  of a  Participant's  employment or other
service for any reason other than  Retirement,  Disability or death, a Change in
Control,  or  Termination  for Cause,  the  Participant  may exercise only those
Incentive Stock Options that were immediately  exercisable by the Participant at
the date of such termination and only for a period of three (3) months following
the date of such termination, or, if sooner, until the expiration of the term of
the Option.

         (f)  Termination  of  Employment  (Retirement).   In  the  event  of  a
              -----------------------------------------
Participant's Retirement,  the Participant may exercise only those Non-Statutory
Stock Options that were  immediately  exercisable by the Participant at the date
of Retirement  and only for a period of one (1) year from the date of Retirement
or,  if  sooner,  until  the  expiration  of the term of the  Option;  provided,
however,  that  upon  the  Participant's  Retirement,   the  Committee,  in  its
discretion,  may determine  that all unvested  Options shall continue to vest in
accordance with the Award  Agreement the  Participant is immediately  engaged by
the Holding  Company or an Affiliate as a consultant  or advisor or continues to
serve the Holding  Company or an Affiliate as a director,  advisory  director or
director emeritus. Any Option originally designated as an Incentive Stock Option
shall be treated as a  Non-Statutory  Stock Option to the extent the Option does
not otherwise  qualify as an Incentive  Stock Option  pursuant to Section 422 of
the Code.

                                       8
<PAGE>

         (g) Termination of Employment  (Disability or Death).  Unless otherwise
             ------------------------------------------------
determined by the Committee,  in the event of the termination of a Participant's
employment  or other service due to  Disability  or death,  all Incentive  Stock
Options held by such Participant shall immediately become exercisable and remain
exercisable  for a period one (1) year  following the date of such  termination,
or, if sooner, until the expiration of the term of the Option.

         (h) Termination of Employment (Termination for Cause). Unless otherwise
             -------------------------------------------------
determined  by the  Committee,  in the event of an  Employee's  Termination  for
Cause,  all rights under such  Employee's  Incentive  Stock Options shall expire
immediately upon the effective date of such Termination for Cause.

         (i)  Acceleration  Upon a Change in Control.  Upon a Change in Control,
              --------------------------------------
all Incentive  Stock Options held by a Participant  as of the date of the Change
in Control shall  immediately  become  exercisable and shall remain  exercisable
until the  expiration  of the term of the  Option,  regardless  of  whether  the
Participant  is  employed  or in service  with the  Association  or the  Holding
Company.

         (j)  Payment.  Payment  due to a  Participant  upon the  exercise of an
              -------
Incentive Stock Option shall be made in the form of shares of Common Stock.

         (k) Disqualifying Dispositions. Each Award Agreement with respect to an
             --------------------------
Incentive  Stock Option shall require the Participant to notify the Committee of
any  disposition  of shares of Common Stock  issued  pursuant to the exercise of
such Option  under the  circumstances  described  in Section  421(b) of the Code
(relating  to  certain  disqualifying  dispositions)  within  10  days  of  such
disposition.

8.       STOCK AWARDS.
         ------------

         The Committee  may make grants of Stock Awards,  which shall consist of
the grant of some number of shares of Common Stock,  to a Participant  upon such
terms and conditions as it may determine to the extent such terms and conditions
are consistent with the following provisions:

         (a) Grants of the Stock Awards.  Stock Awards may only be made in whole
             --------------------------
shares of Common  Stock.  Stock Awards may only be granted from shares  reserved
under the Plan and  available  for award at the time the Stock  Award is made to
the Participant.

         (b) Terms of the Stock Awards.  The Committee shall determine the dates
             -------------------------
on which  Stock  Awards  granted  to a  Participant  shall vest and any terms or
conditions  which must be  satisfied  prior to the vesting of any Stock Award or
portion  thereof.  Any such  terms or  conditions  shall  be  determined  by the
Committee as of the Date of Grant.

         (c) Termination of Employment or Service  (General).  Unless  otherwise
             -----------------------------------------------
determined by the Committee,  upon the termination of a Participant's employment
or service for any reason other than  Retirement,  Disability or death, a Change
in Control,  or Termination for Cause, any

                                       9
<PAGE>

Stock Awards in which the  Participant  has not become  vested as of the date of
such  termination  shall be forfeited and any rights the Participant had to such
Stock Awards shall become null and void.

         (d) Termination of Employment or Service (Retirement).  In the event of
             -------------------------------------------------
a  Participant's  Retirement,  any Stock Awards in which the Participant has not
become vested as of the date of Retirement shall be forfeited and any rights the
Participant  had to such  unvested  Stock  Awards  shall  become  null and void;
provided, however, that upon the Participant's Retirement, the Committee, in its
discretion,  may determine that all unvested Stock Awards shall continue to vest
in accordance with the Award Agreement if the Participant is immediately engaged
by the Holding  Company or an Affiliate as a consultant  or advisor or continues
to serve the Holding Company or an Affiliate as a director,  advisory  director,
or director emeritus.

         (e) Termination of Employment or Service (Disability or Death).  Unless
             ----------------------------------------------------------
otherwise  determined by the  Committee,  in the event of a  termination  of the
Participant's  service due to Disability or death all unvested Stock Awards held
by such Participant shall immediately vest as of the date of such termination.

         (f)  Termination  of  Employment  or Service  (Termination  for Cause).
              -----------------------------------------------------------------
Unless otherwise determined by the Committee,  in the event of the Participant's
Termination for Cause,  all Stock Awards in which the Participant had not become
vested as of the effective date of such Termination for Cause shall be forfeited
and any rights such  Participant  had to such unvested Stock Awards shall become
null and void.

         (g) Acceleration of Vesting Upon a Change in Control.  Upon a Change in
             ------------------------------------------------
Control,  all Stock Awards held by a Participant as of the date of the Change in
Control shall immediately vest and any further restrictions shall lapse.

         (h)  Issuance  of  Certificates.  Unless  otherwise  held in Trust  and
              --------------------------
registered  in the name of the Trustee,  the Holding  Company  shall cause to be
issued a stock certificate to each Stock Award recipient, registered in the name
of the Stock Award recipient, evidencing such shares; provided, that the Holding
Company  shall not cause  such a stock  certificate  to be issued  unless it has
received a stock power duly endorsed in blank with respect to such shares.  Each
such stock certificate shall bear the following legend:

            "The  transferability  of this  certificate  and the shares of
            stock  represented  hereby are  subject  to the  restrictions,
            terms and  conditions  (including  forfeiture  provisions  and
            restrictions  against  transfer)  contained in the Amended and
            Restated  New  England   Bancshares,   Inc.  2003  Stock-Based
            Incentive  Plan and Award  Agreement  entered into between the
            registered  owner of such shares and New  England  Bancshares,
            Inc. or its Affiliates. A copy of the Plan and Award Agreement
            is on file in the  office of the  Corporate  Secretary  of New
            England  Bancshares,   Inc.,  855  Enfield  Street,   Enfield,
            Connecticut 06082."

                                       10
<PAGE>

Such legend shall not be removed until the  Participant  becomes  vested in such
shares pursuant to the terms of the Plan and Award  Agreement.  Each certificate
issued pursuant to this Section 8(h), in connection with a Stock Award, shall be
held by the Holding Company or the Association,  unless the Committee determines
otherwise.

         (i)  Non-Transferability.  Except to the extent  permitted by the Code,
              -------------------
the rules  promulgated  under Section 16(b) of the Exchange Act or any successor
statutes or rules:

                  (a)      The  recipient  of a  Stock  Award  shall  not  sell,
                           transfer,   assign,  pledge,  or  otherwise  encumber
                           shares  subject to the Stock Award until full vesting
                           of such  shares has  occurred.  For  purposes of this
                           section,  the separation of beneficial  ownership and
                           legal title through the use of any "swap" transaction
                           is deemed to be a prohibited encumbrance.

                  (b)      Unless  determined  otherwise  by the  Committee  and
                           except  in the  event of the  Participant's  death or
                           pursuant to a domestic relations order, a Stock Award
                           is not  transferable  and may be earned in his or her
                           lifetime  only  by  the  Participant  to  whom  it is
                           granted.  Upon the  death of a  Participant,  a Stock
                           Award is  transferable by will or the laws of descent
                           and  distribution.  The  designation of a beneficiary
                           shall not constitute a transfer.

                  (c)      If a  recipient  of a Stock  Award is  subject to the
                           provisions of Section 16 of the Exchange Act,  shares
                           of Common Stock  subject to such Stock Award may not,
                           without the written  consent of the Committee  (which
                           consent may be given in the Award Agreement), be sold
                           or  otherwise  disposed  of  within  six  (6)  months
                           following the date of grant of the Stock Award.

         (j)  Treatment of Dividends.  Participants  are entitled to receive all
              ----------------------
cash and stock dividends or other  distributions  declared and paid with respect
to shares  underlying a Stock Award.  The  Committee  shall  determine  when the
dividends or other distributions will be distributed to Participants.

         (k) Voting of Stock  Awards.  Participants  are  entitled to vote or to
             -----------------------
direct  the  Trustee to vote,  as the case may be,  all  shares of Common  Stock
underlying  a Stock  Award  subject to the rules and  procedures  adopted by the
Committee for this purpose and in a manner consistent with the Trust agreement.

         (l) Payment.  Payment due to a  Participant  upon the  redemption  of a
             -------
Stock Award shall be made in the form of shares of Common Stock.

9.       METHOD OF EXERCISE OF OPTIONS.
         -----------------------------

         Subject to any applicable Award Agreement,  any Option may be exercised
by the  Participant  in  whole  or in  part  at  such  time  or  times,  and the
Participant  may  make  payment  of

                                       11
<PAGE>

the Exercise Price in such form or forms permitted by the Committee,  including,
without  limitation,  payment  by  delivery  of  cash,  Common  Stock  or  other
consideration  (including,  where  permitted by law and the  Committee,  Awards)
having a Fair Market Value on the day  immediately  preceding  the exercise date
equal to the total Exercise  Price,  or by any  combination  of cash,  shares of
Common Stock and other consideration,  including exercise by means of a cashless
exercise  arrangement  with a qualifying  broker-dealer,  as the  Committee  may
specify in the applicable Award Agreement.

10.      RIGHTS OF PARTICIPANTS.
         ----------------------

         No Participant  shall have any rights as a shareholder  with respect to
any shares of Common Stock  covered by an Option until the date of issuance of a
stock  certificate  for such Common Stock.  Nothing  contained  herein or in any
Award  Agreement  confers on any person any right to  continue  in the employ or
service of the Holding Company or an Affiliate or interferes in any way with the
right of the  Holding  Company or an  Affiliate  to  terminate  a  Participant's
services.

11.      DESIGNATION OF BENEFICIARY.
         --------------------------

         A  Participant  may,  with the  consent of the  Committee,  designate a
person or  persons  to  receive,  in the event of death,  any Award to which the
Participant  would then be entitled.  Such  designation  will be made upon forms
supplied by and delivered to the Holding  Company and may be revoked in writing.
If a  Participant  fails  effectively  to  designate  a  beneficiary,  then  the
Participant's estate will be deemed to be the beneficiary.

12.      DILUTION AND OTHER ADJUSTMENTS.
         ------------------------------

         In the event of any change in the outstanding shares of Common Stock by
reason of any stock dividend or split, recapitalization,  merger, consolidation,
spin-off,  reorganization,  combination or exchange of shares,  or other similar
corporate  change,  or other increase or decrease in such shares without receipt
or  payment  of  consideration  by  the  Holding  Company,  or in the  event  an
extraordinary  capital  distribution  is  made,  the  Committee  may  make  such
adjustments to previously  granted Awards, to prevent dilution,  diminution,  or
enlargement  of the  rights  of  the  Participant,  including  any or all of the
following:

         (a)      adjustments  in the  aggregate  number  or kind of  shares  of
                  Common  Stock or other  securities  that may  underlie  future
                  Awards under the Plan;

         (b)      adjustments  in the  aggregate  number  or kind of  shares  of
                  Common Stock or other  securities  underlying  Awards  already
                  made under the Plan;

         (c)      adjustments  in the Exercise  Price of  outstanding  Incentive
                  and/or Non-Statutory Stock Options.

                                       12
<PAGE>

No such  adjustments  may,  however,  materially  change  the value of  benefits
available to a Participant  under a previously  granted Award.  All Awards under
this Plan shall be binding upon any successors or assigns of the Holding Company
and the Association.

13.      TAXES.
         -----

         Whenever  under  this  Plan,  cash or shares of Common  Stock are to be
delivered  upon  exercise or payment of an Award or any other event with respect
to rights and benefits hereunder,  the Committee shall be entitled to require as
a condition of delivery (i) that the Participant  remit an amount  sufficient to
satisfy all federal,  state,  and local  withholding  tax  requirements  related
thereto, (ii) that the withholding of such sums come from compensation otherwise
due to the Participant or from any shares of Common Stock due to the Participant
under this Plan or (iii) any  combination of the foregoing;  provided,  however,
that no amount shall be withheld from any cash payment or shares of Common Stock
relating to an Award which was transferred by the Participant in accordance with
this Plan.  Furthermore,  Participants  may direct the Committee to instruct the
Trustee to sell shares of Common  Stock to be  delivered  upon the payment of an
Award to satisfy tax obligations.

14.      NOTIFICATION UNDER SECTION 83(b).
         --------------------------------

         The Committee  may, on the Date of Grant or any later date,  prohibit a
Participant  from making the election  described below. If the Committee has not
prohibited  such  Participant  from making such  election,  and the  Participant
shall, in connection with the exercise of any Option,  or the grant of any Stock
Award,  make the  election  permitted  under  Section  83(b) of the  Code,  such
Participant shall notify the Committee of such election within 10 days of filing
notice of the election  with the Internal  Revenue  Service,  in addition to any
filing and  notification  required  pursuant  to  regulations  issued  under the
authority of Section 83(b) of the Code.

15.      AMENDMENT OF THE PLAN AND AWARDS.
         --------------------------------

         (a) Except as provided in  paragraph  (c) of this Section 15, the Board
of Directors may at any time, and from time to time, modify or amend the Plan in
any respect, prospectively or retroactively;  provided, however, that provisions
governing  grants of Incentive  Stock Options shall be submitted for shareholder
approval to the extent  required by law,  regulation  or  otherwise.  Failure to
ratify or approve amendments or modifications by shareholders shall be effective
only as to the specific amendment or modification requiring such ratification or
approval. Other provisions of this Plan will remain in full force and effect. No
such termination, modification or amendment may adversely affect the rights of a
Participant  under an outstanding  Award without the written  permission of such
Participant.

         (b)  Except as  provided  in  paragraph  (c) of this  Section  15,  the
Committee  may  amend  any  Award  Agreement,  prospectively  or  retroactively;
provided,  however,  that no such amendment shall adversely affect the rights of
any Participant  under an outstanding  Award without the written consent of such
Participant.

                                       13
<PAGE>

         (c) In no event  shall the Board of  Directors  amend the Plan or shall
the Committee amend an Award Agreement in any manner that has the effect of:

                  (i)      Allowing  any Option to be granted  with an  Exercise
                           Price below the Fair Market Value of the Common Stock
                           on the Date of Grant.

                  (ii)     Allowing the Exercise Price of any Option  previously
                           granted  under the Plan to be reduced  subsequent  to
                           the Date of Award.

16.      EFFECTIVE DATE OF PLAN.
         ----------------------

         The Incentive Plan shall become  effective:  (i)  immediately  upon the
affirmative  vote  of a  majority  of  the  total  shares  outstanding  and  the
affirmative  vote of the majority of total shares  outstanding,  excluding those
shares  beneficially owned by Enfield Mutual Holding Company; or (ii) on June 5,
2003.

17.      TERMINATION OF THE PLAN.
         -----------------------

         The  right to grant  Awards  under  the Plan  will  terminate  upon the
earlier of: (i) ten (10) years after the Effective Date; or (ii) the issuance of
a number of shares of Common  Stock  pursuant to the  exercise of Options or the
distribution  of Stock  Awards is  equivalent  to the  maximum  number of shares
reserved under the Plan as set forth in Section 4 hereof. The Board of Directors
has the right to suspend or  terminate  the Plan at any time,  provided  that no
such  action  will,  without the consent of a  Participant,  adversely  affect a
Participant's vested rights under a previously granted Award.

18.      APPLICABLE LAW.
         --------------

         The Plan will be  administered in accordance with the laws of the State
of Maryland.

19.      COMPLIANCE WITH FEDERAL REGULATIONS.
         -----------------------------------

         This Plan will comply with the  requirements set forth in 12 C.F.R. ss.
563b.500.

                                       14

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