Document:

EMPLOYMENT AGREEMENT

     This  Agreement is made  effective as of the 1st day of May,  2007,  by and
between United Bank (the "Bank"), a federally chartered stock savings bank, with
its  principal  administrative  office  at  95  Elm  Street,  West  Springfield,
Massachusetts 01089, and Richard B. Collins ("Executive").  Any reference to the
"Company" herein shall mean United Financial  Bancorp,  Inc., a federal mid-tier
stock holding company with its principal administrative office at 95 Elm Street,
West Springfield,  Massachusetts  01089. The Company has executed this Agreement
solely for purposes of guaranteeing the obligations of the Bank hereunder.

     WHEREAS,  Executive  is  currently  employed  as the  President  and  Chief
Executive  Officer of the Bank and will be employed as the  President  and Chief
Executive Officer of the Company; and

     WHEREAS,  the Bank has  converted  from the  mutual  to the  stock  form of
organization  and has  become  a  wholly-owned  subsidiary  of the  Company,  in
connection with the Bank's mutual holding company reorganization; and

     WHEREAS,  the Bank desires to assure  itself of the  continued  services of
Executive pursuant to the terms of this Agreement.

     NOW, THEREFORE,  in consideration of the mutual covenants herein contained,
and upon the other terms and conditions hereinafter provided, the parties hereby
agree as follows:

1.   POSITION AND RESPONSIBILITIES

     During the period of his employment hereunder, Executive agrees to serve as
President  and  Chief  Executive  Officer  of the Bank and  President  and Chief
Executive Officer of the Company.  During said period,  Executive also agrees to
serve, if elected,  as an officer and director of any subsidiary or affiliate of
the Bank or the Company.  Executive  shall be responsible for  establishing  the
business  objectives,  policies and strategic plans of the Bank and the Company,
in conjunction  with the Board of Directors (the "Board").  Executive also shall
be  responsible  for providing  leadership  and direction to all  departments or
divisions of the Bank,  and shall be the primary  contact  between the Board and
officers and employees of the Bank.

2.   TERM

     (a) The term of this  Agreement  and the period of  Executive's  employment
hereunder  shall begin as of the date first above written and shall continue for
thirty-six  (36) full calendar  months  thereafter.  Commencing May 1, 2008, and
continuing  on the first day of May of each year  thereafter  (the  "Anniversary
Date"),  this  Agreement  shall  renew  for an  additional  year  such  that the
remaining  term shall be three (3) years,  unless  written notice of non-renewal
("Non-Renewal  Notice") is provided to  Executive  at least thirty (30) days and
not more than  sixty  (60)  days  prior to any such  Anniversary  Date that this
Agreement shall  terminate at the end of thirty-six  (36) months  following such
Anniversary Date. Prior to each notice period for non-renewal, the disinterested
members  of the Board of  Directors  of the Bank (the  "Board")  will  conduct a
comprehensive  performance  evaluation  and review of Executive  for purposes of
determining  whether to extend the Agreement,  and the results  thereof shall be
included in the minutes of the Board's meeting.

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     (b) During the period of his  employment  hereunder,  except for periods of
absence  occasioned by illness,  reasonable  vacation  periods,  and  reasonable
leaves of absence,  Executive  shall  faithfully  perform  his duties  hereunder
including  activities and services  related to the  organization,  operation and
management of the Bank.

3.   COMPENSATION AND REIMBURSEMENT

     (a) The  compensation  specified under this Agreement shall  constitute the
salary and benefits  paid for the duties  described in Section 1. The Bank shall
pay Executive as  compensation  a salary of not less than  $360,700.00  per year
("Base  Salary").  Such Base  Salary  shall be  payable in  accordance  with the
customary  payroll  practices of the Bank.  During the period of this Agreement,
Executive's  Base Salary  shall be reviewed  at least  annually;  the first such
review  will be made no later than March 31 of each year during the term of this
Agreement  and shall be effective  from the first day of said month  through the
end of the  next  succeeding  February.  Such  review  shall be  conducted  by a
Committee designated by the Board, and the Board may increase,  but not decrease
(except for a decrease  that is not in excess of any decrease  that is generally
applicable  to all  employees of the Bank),  Executive's  Base  Salary,  and any
increase  in Base Salary  shall  become the "Base  Salary" for  purposes of this
Agreement.   Executive  shall  be  entitled  to  participate  in  any  incentive
compensation and bonus plans or arrangements of the Bank or the Company. Nothing
paid to Executive under any such plans or  arrangements  will be deemed to be in
lieu of other compensation which Executive is entitled under this Agreement.  In
addition  to the Base  Salary  provided  in this  Section  3(a),  the Bank shall
provide  Executive at no cost to Executive  with all such other  benefits as are
provided uniformly to permanent full-time employees of the Bank.

     (b)  The  Bank  will  provide   Executive  with  employee   benefit  plans,
arrangements  and  perquisites   substantially  equivalent  to  those  in  which
Executive was participating or otherwise deriving benefit from immediately prior
to the beginning of the term of this Agreement,  and the Bank will not,  without
Executive's prior written consent, make any changes in such plans,  arrangements
or  perquisites  which would  adversely  affect  Executive's  rights or benefits
thereunder.  Without limiting the generality of the foregoing provisions of this
Section 3(b),  Executive will be entitled to participate in or receive  benefits
under any employee  benefit  plans  including  but not limited to, stock benefit
plans,   retirement  plans,   supplemental   retirement  plans,  pension  plans,
profit-sharing plans,  health-and-accident  plans, medical coverage or any other
employee benefit plan or arrangement made available by the Bank in the future to
its senior  executives and key management  employees,  subject to and on a basis
consistent with the terms,  conditions and overall  administration of such plans
and  arrangements.  Executive  will be entitled to  incentive  compensation  and
bonuses as  provided in any plan of the Bank in which  Executive  is eligible to
participate  (and he shall be  entitled  to a pro rata  distribution  under  any
incentive  compensation  or bonus plan as to any year in which a termination  of
employment occurs, other than Termination for Cause).  Nothing paid to Executive
under  any  such  plan or  arrangement  will be  deemed  to be in lieu of  other
compensation to which Executive is entitled under this Agreement.

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     (c) The Bank  shall  provide  Executive  with an  automobile  allowance  of
$12,000.00  per  annum  for the cost of  maintenance,  use and  servicing  of an
automobile  which  Executive  shall use in the performance of his duties and for
personal  use..  The Bank shall also  reimburse  Executive  for his ordinary and
necessary  business  expenses incurred in connection with the performance of his
duties under this Agreement, including, without limitation, fees for memberships
in such clubs and organizations  that Executive and the Board mutually agree are
necessary and  appropriate  to further the business of the Bank,  and travel and
reasonable entertainment expenses.  Reimbursement of such expenses shall be made
upon  presentation  to the Bank of an itemized  account of the  expenses in such
form as the Bank may reasonably require.

     (d) Executive  shall be entitled to paid vacation time each year during the
term of this  Agreement  (measured  on a  fiscal  or  calendar  year  basis,  in
accordance with the Bank's usual practices), as well as sick leave, holidays and
other paid absences in accordance  with the Bank's  policies and  procedures for
senior  executives.  Any unused paid time off during an annual  period  shall be
treated in accordance with the Bank's personnel  policies as in effect from time
to time.

4.   OUTSIDE ACTIVITIES

     Executive  may  serve as a member of the board of  directors  of  business,
community  and  charitable  organizations  subject to the approval of the Board,
provided that in each case such service shall not materially  interfere with the
performance  of his duties  under this  Agreement  or present  any  conflict  of
interest.  Such service to and participation in outside  organizations  shall be
presumed  for these  purposes  to be for the  benefit of the Bank,  and the Bank
shall reimburse Executive his reasonable expenses associated therewith.

5.   WORKING FACILITIES

     Executive's  principal place of employment shall be at the Bank's principal
executive offices.  The Bank shall provide Executive,  at his principal place of
employment,  with a private  office,  stenographic  services  and other  support
services and facilities  suitable to his position with the Bank and necessary or
appropriate  in  connection  with  the  performance  of his  duties  under  this
Agreement.

6.   PAYMENTS TO EXECUTIVE UPON AN EVENT OF TERMINATION

     (a) The  provisions of this Section 6 shall apply upon the occurrence of an
Event of Termination (as herein defined) during  Executive's  term of employment
under this Agreement. As used in this Agreement, an "Event of Termination" shall
mean and include any one or more of the following:

     (i) the  termination  by the Bank or the Company of  Executive's  full-time
employment hereunder for any reason other than (A) Disability or Retirement,  as
defined in Section 7 below, or (B) Termination for Cause as defined in Section 8
hereof; or

     (ii) Executive's resignation from the Bank's employ, upon any

          (A) failure to elect or reelect or to appoint or  reappoint  Executive
          as President and Chief Executive Officer,

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          (B)   material   change   in   Executive's   function,    duties,   or
          responsibilities,  which  change would cause  Executive's  position to
          become  one of lesser  responsibility,  importance,  or scope from the
          position and attributes thereof described in Section 1, above,

          (C)  liquidation  or  dissolution  of the Bank or  Company  other than
          liquidations or dissolutions that are caused by  reorganizations  that
          do not affect the status of Executive,

          (D) reduction in Executive's  annual  compensation  or benefits (other
          than a reduction  authorized under Section 3(a), hereof) or relocation
          of  Executive's  principal  place of  employment by more than 25 miles
          from its location as of the date of this Agreement, or

          (E) material breach of this Agreement by the Bank.

Upon the occurrence of any event described in clauses (ii) (A), (B), (C), (D) or
(E), above,  Executive shall have the right to elect to terminate his employment
under this Agreement by resignation upon not less than thirty (30) prior written
notice  given  within a  reasonable  period of time (not to exceed  ninety  (90)
calendar  days)  after the  initial  event  giving  rise to said right to elect.
Notwithstanding the preceding  sentence,  in the event of a continuing breach of
this  Agreement  by the Bank,  Executive,  after  giving due  notice  within the
prescribed time frame of an initial event specified  above,  shall not waive any
of his rights  solely under this  Agreement  and this Section 6 by virtue of the
fact that  Executive  has  submitted  his  resignation  but has  remained in the
employment of the Bank and is engaged in good faith  discussions  to resolve any
occurrence of an event described in clauses (A), (B), (C), (D) or (E) above. The
Bank shall have thirty (30) days to cure the condition  giving rise to the Event
of Termination,  provided, however, that the Bank may elect to waive said 30-day
period.

     (iii) (A) Executive's involuntary termination by the Bank or the Company on
the effective  date of, or at any time  following,  a Change in Control,  or (B)
Executive's resignation from employment with the Bank or the Company following a
Change in Control as a result of the Bank's or the  Company's  (or any successor
thereto)  failure  to  renew  or  extend  this  Agreement,  or  (C)  Executive's
resignation  from  employment  with the Bank or the  Company  (or any  successor
thereto)  following  a Change in Control as a result of any event  described  in
Section 6(a)(ii)(A), (B), (C), (D) or (E) above. For these purposes, a Change in
Control  of the Bank or the  Company  shall mean a change in control of a nature
that:  (i) would be  required  to be  reported  in  response to Item 5.01 of the
current report on Form 8-K, as in effect on the date hereof, pursuant to Section
13 or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act"); or (ii)
results in a Change in Control of the Bank or the Company  within the meaning of
the Home  Owners' Loan Act, as amended,  and  applicable  rules and  regulations
promulgated  thereunder  (collectively,  the "HOLA") as in effect at the time of
the Change in  Control;  or (iii)  without  limitation  such a Change in Control
shall be deemed to have  occurred at such time as (a) any  "person" (as the term
is used in  Sections  13(d) and 14(d) of the  Exchange  Act) is or  becomes  the
"beneficial  owner" (as defined in Rule 13d-3 under the Exchange Act),  directly
or  indirectly,  of  securities of the Company  representing  25% or more of the
combined  voting  power of  Company's  outstanding  securities,  except  for any
securities  purchased by the Bank's  employee stock  ownership plan or trust; or
(b)  individuals  who  constitute  the Board on the date hereof (the  "Incumbent
Board") cease for any reason to constitute at least a majority thereof, provided
that any person becoming a director subsequent to the date hereof whose election
was approved by a vote of at least  three-quarters  of the directors  comprising
the  Incumbent  Board,  or  whose  nomination  for  election  by  the  Company's
stockholders  was approved by the same  Nominating  Committee  serving  under an
Incumbent Board, shall be, for purposes of this clause (b), considered as though
he were a  member  of the  Incumbent  Board;  or (c) a plan  of  reorganization,
merger,  consolidation,  sale of all or substantially all the assets of the Bank
or the  Company or similar  transaction  in which the Bank or Company is not the
surviving institution occurs or is effected; or (d) a proxy statement soliciting
proxies  from  stockholders  of the Company,  by someone  other than the current
management of the Company is distributed, seeking stockholder approval of a plan
of reorganization, merger or consolidation of the Company or similar transaction
with one or more corporations as a result of which the outstanding shares of the
class of securities then subject to the plan are exchanged for or converted into
cash or property or securities not issued by the Company;  or (e) a tender offer
is made  for  25% or  more  of the  voting  securities  of the  Company  and the
shareholders  owning  beneficially  or of record 25% or more of the  outstanding
securities of the Company have tendered or offered to sell their shares pursuant
to such tender offer and such  tendered  shares have been accepted by the tender
offeror.  Notwithstanding  anything in this subsection to the contrary, a Change
in  Control  shall not be deemed to have  occurred  upon the  conversion  of the
Company's mutual holding company parent to stock form, or in connection with any
reorganization used to effect such a conversion.

<PAGE>

     (iv) The Executive  shall not be deemed to have had an Event of Termination
unless and until the Executive has a Separation  from Service within the meaning
of Code  Section  409A.  For  purposes of this  Agreement,  a  "Separation  from
Service"  shall have  occurred if the Bank and Executive  reasonably  anticipate
that either no further  services  will be performed by the  Executive  after the
date of the Event of  Termination  (whether as an employee or as an  independent
contractor)  or the level of further  services  performed will not exceed 49% of
the average  level of bona fide  services in the twelve (12) months  immediately
preceding the Event of Termination.  For all purposes hereunder,  the definition
of  Separation  from  Service  shall be  interpreted  consistent  with  Treasury
Regulation Section  1.409A-1(h)(ii).  If Executive is a "Specified Employee," as
defined in Code Section 409A and any payment to be made under sub-paragraph (b),
(c) or (d) of this Section 6 shall be  determined  to be subject to Code Section
409A,  then if required by Code Section 409A,  such payment or a portion of such
payment (to the minimum extent  possible)  shall be delayed and shall be paid on
the  first  day of the  seventh  month  following  Executive's  Separation  from
Service.

     (b) Upon the occurrence of an Event of  Termination,  as defined in Section
6(a)(i), (ii) or (iii), on the Date of Termination,  as defined in Section 9(b),
the Bank shall pay  Executive,  or, in the event of his  subsequent  death,  his
beneficiary or  beneficiaries,  or his estate,  as the case may be, as severance
pay or  liquidated  damages,  or both, a sum equal to three (3) times the sum of
(i) Base Salary and (ii) the highest rate of bonus  awarded to Executive  during
the prior three years.  Upon the occurrence of an Event of Termination  followed
by Executive's  termination of employment  hereunder,  the payments  required by
this  Section  6(b) shall be made in a lump sum within  thirty  (30) days (or if
Executive is a Specified  Employee and Section 409A of the Internal Revenue Code
("Code") requires,  on the first day of the seventh month following  Executive's
termination  of  employment).  Such  payment  shall not be  reduced in the event
Executive obtains other employment following termination of employment.

<PAGE>

     (c) Upon the occurrence of an Event of Termination,  the Bank will cause to
be  continued  life  insurance  and  non-taxable  medical  and  dental  coverage
substantially  identical to the coverage  maintained  by the Bank for  Executive
prior to his termination,  provided,  however, such medical coverage shall cease
upon the earlier of (i)  thirty-six  (36) months from the Date of Termination or
(ii) the  date  Executive  becomes  eligible  for  Medicare  coverage,  provided
further,  that if Executive  is covered by family  coverage or coverage for self
and a spouse, then the Executive's family or spouse shall continue to be covered
for the remainder of the thirty-six  month period or, in the case of the spouse,
until the spouse becomes  eligible for Medicare  coverage or obtains  healthcare
coverage elsewhere, whichever period is less.

     (d) Within  thirty (30) days of  Executive's  termination  of employment in
connection with an Event of Termination (or if Executive is a Specified Employee
and Code Section 409A requires,  on the first day of the seventh month following
Executive's termination of employment),  the Bank shall pay Executive a lump sum
payment in an amount equal to the present value of the Bank's contributions that
would have been made on his behalf  under  each of the  Bank's  401(k)  Plan and
employee  stock  ownership  plan  (and  any  other  defined   contribution  plan
maintained  by the Bank in which  Executive  participates)  if he had  continued
working  for  the  Bank  for  a  thirty-six  (36)  month  period  following  his
termination  earning the Base Salary  that would have been  achieved  during the
remaining  unexpired  term of this  Agreement  and making the maximum  amount of
employee contributions  permitted,  if any, under such plan or plans, where such
present values are to be determined using a discount rate of 6%.

     (e) Notwithstanding the preceding  paragraphs of this Section, in the event
that the  aggregate  payments or  benefits  to be made or afforded to  Executive
under said paragraphs (the "Termination Benefits") would be deemed to include an
"excess  parachute  payment"  under  Section  280G of the Code or any  successor
thereto,  then such  Termination  Benefits  will be  reduced  to an amount  (the
"Non-Triggering  Amount"), the value of which is one dollar ($1.00) less than an
amount equal to the total amount of payments  permissible  under Section 280G of
the  Code  or any  successor  thereto.  In the  event  that a  reduction  in the
Termination  Benefits  is  necessary,  then the  Executive  shall be entitled to
determine  which benefits shall be reduced or eliminated so the total  parachute
payments do not exceed the Non-Triggering Amount. If the Executive does not make
his  determination  within  ten (10)  business  days after  receiving  a written
request from the Bank,  the Bank may make such  determination,  and shall notify
the Executive promptly thereof. Notwithstanding anything to the contrary herein,
if it is determined that having the Executive or the Bank make the determination
would violate Code Section 409A, then the reduction shall be made pro rata.

     (f)   Notwithstanding   anything  to  the  contrary   herein,   Executive's
resignation  for any reason  other than those set forth in clauses  6(a)(ii)(A),
(B), (C), (D) or (E),  whether prior to or following a Change in Control,  shall
not entitle Executive to any payments under Section 6 of this agreement.

<PAGE>

7.   TERMINATION UPON RETIREMENT, DISABILITY OR DEATH

     For  purposes of this  Agreement,  termination  by the Bank of  Executive's
employment   based  on  "Retirement"   shall  mean  termination  of  Executive's
employment by the Board of the Bank or the Company upon  Executive's  attainment
of age  sixty-nine  (69),  or such  later  date as  determined  by the  Board of
Directors of the Bank.  Upon  termination of Executive's  employment  because of
Retirement,  Executive  shall be entitled to all benefits  under any  retirement
plan of the Bank and other plans to which  Executive is a party,  but  Executive
shall not be entitled to the  Termination  Benefits  specified  in Section  6(b)
through 6(d) hereof.

     Termination  of  Executive's  employment  based  on  "Disability"  shall be
construed to comply with Code Section 409A and shall be deemed to have  occurred
if: (i)  Executive is unable to engage in any  substantial  gainful  activity by
reason of any medically  determinable  physical or mental impairment that can be
expected to result in death,  or last for a  continuous  period of not less than
twelve (12) months;  (ii) by reason of any  medically  determinable  physical or
mental  impairment  that can be  expected  to  result  in  death,  or last for a
continuous  period of not less than twelve (12)  months,  Executive is receiving
income replacement benefits for a period of not less than three (3) months under
an accident and health plan  covering  employees of the Bank or the Company;  or
(iii)  Executive is  determined  to be totally  disabled by the Social  Security
Administration.  In the event  Executive  is unable to perform his duties  under
this Agreement on a full-time basis for a period of six (6)  consecutive  months
by reason of Disability,  the Bank may terminate this  Agreement,  provided that
the Bank shall continue to be obligated to pay Executive his Base Salary for the
remaining term of the Agreement,  or one year, whichever is the longer period of
time, and provided further that any amounts actually paid to Executive  pursuant
to any  disability  insurance or other  similar such program  which the Bank has
provided or may provide on behalf of its  employees or pursuant to any workman's
or social security  disability  program shall reduce the compensation to be paid
to Executive  pursuant to this paragraph.  The Bank or the Company may require a
physician's  written  confirmation  that  Executive  cannot  perform  his duties
because of Executive's disability.

     In the event of  Executive's  death during the term of the  Agreement,  his
estate,  legal  representatives or named beneficiaries (as directed by Executive
in writing) shall be paid  Executive's  Base Salary as defined in Paragraph 3(a)
at the rate in effect at the time Executive's death for a period of one (1) year
from the date of  Executive's  death,  and the Bank  will  continue  to  provide
medical,  dental, and other benefits normally provided for an Executive's family
for one (1) year after Executive's death.

<PAGE>

8.   TERMINATION FOR CAUSE

     The  term  "Termination  for  Cause"  shall  mean  termination  because  of
Executive's personal dishonesty, incompetence, willful misconduct, any breach of
fiduciary duty involving personal profit,  intentional failure to perform stated
duties,  willful  violation of any law,  rule, or  regulation  (other than minor
traffic  violations or similar  offenses) or final  cease-and-desist  order,  or
material breach of any provision of this Agreement. In determining incompetence,
the acts or omissions shall be measured against standards  generally  prevailing
in the  savings  institutions  industry.  Executive  shall not have the right to
receive  compensation  or other  benefits for any period after  Termination  for
Cause.  For purposes of this paragraph,  no act or failure to act on the part of
the Executive shall be considered  "willful" unless done, or omitted to be done,
by Executive  not in good faith and without  reasonable  belief that  Executives
action or omission was in the best interest of the Bank.  Any act, or failure to
act,  based upon authority  given  pursuant to a resolution  duly adopted by the
Board or based  upon the advice of  counsel  for the Bank shall be  conclusively
presumed to be done,  or omitted to be done,  by  Executive in good faith and in
the best interests of the Bank.  Notwithstanding the foregoing,  Executive shall
not be deemed to have been  terminated  for Cause  unless and until  there shall
have  been  delivered  to  him a  copy  of a  resolution  duly  adopted  by  the
affirmative vote of not less than  three-fourths of the entire membership of the
Board of the Bank at a meeting  of the Board  called  and held for that  purpose
(after  reasonable notice to Executive and an opportunity for him, together with
counsel,  to be heard before the Board),  finding that in the good faith opinion
of the Board,  Executive was guilty of conduct justifying  Termination for Cause
and specifying the particulars  thereof in detail.  Executive shall not have the
right to receive compensation or other benefits for any period after Termination
for Cause. Any stock options granted to Executive under any stock option plan of
the Bank, the Company or any subsidiary or affiliate thereof,  shall become null
and void effective upon  Executive's  receipt of Notice of Termination for Cause
pursuant to Section 9 hereof,  and shall not be  exercisable by Executive at any
time subsequent to such Termination for Cause. Any unvested stock awards granted
to Executive  under any stock incentive plan of the Bank or the Company shall be
forfeited.

9. NOTICE

     (a)  Any  purported  termination  by the  Bank  or by  Executive  shall  be
communicated by Notice of Termination to the other party hereto. For purposes of
this  Agreement,  a "Notice of  Termination"  shall mean a written  notice which
shall indicate the specific termination  provision in this Agreement relied upon
and shall set forth in reasonable detail the facts and circumstances  claimed to
provide a basis for termination of Executive's employment under the provision so
indicated.

     (b) "Date of  Termination"  shall  mean (A) if  Executive's  employment  is
terminated  for  Disability,  thirty (30) days after a Notice of  Termination is
given (provided that he shall not have returned to the performance of his duties
on a  full-time  basis  during  such  thirty  (30) day  period),  and (B) if his
employment is terminated for any other reason,  the date specified in the Notice
of Termination.

     (c) If the party  receiving a Notice of  Termination  desires to dispute or
contest the basis or reasons for termination,  the party receiving the Notice of
Termination  must notify the other party within thirty (30) days after receiving
the  Notice of  Termination  that such a dispute  exists,  and shall  pursue the
resolution of such dispute in good faith and with reasonable  diligence pursuant
to  Section  19 of this  Agreement.  During the  pendency  of any such  dispute,
neither  the  Company  nor  the  Bank  shall  be  obligated  to  pay   Executive
compensation or other payments beyond the Date of Termination.  Any amounts paid
to Executive upon  resolution of such dispute under this Section shall be offset
against or reduce any other amounts due under this Agreement.

<PAGE>

10.  POST-TERMINATION OBLIGATIONS/NON-COMPETE.

     (a) Executive  hereby  covenants  and agrees that,  for a period of one (1)
year  following  his  termination  of  employment  with the Bank,  he shall not,
without the written consent of the Bank, either directly or indirectly:

               (i)  solicit,  offer  employment  to,  or take any  other  action
          intended (or that a  reasonable  person  acting in like  circumstances
          would expect) to have the effect of causing any officer or employee of
          the  Bank or of any  holding  company  of the  Bank,  or any of  their
          respective  subsidiaries  or  affiliates,  to  terminate  his  or  her
          employment and accept employment or become affiliated with, or provide
          services for compensation in any capacity  whatsoever to, any business
          whatsoever  that  competes  with  the  business  of the Bank or of any
          holding  company  of the  Bank,  or any of their  direct  or  indirect
          subsidiaries  or affiliates,  that has  headquarters or offices within
          twenty-five  (25)  miles of the  locations  in  which  the Bank of any
          holding  company of the Bank has business  operations  or has filed an
          application for regulatory approval to establish an office;

               (ii)  become  an   officer,   employee,   consultant,   director,
          independent contractor,  agent, joint venturer,  partner or trustee of
          any  savings  bank,  savings  and loan  association,  savings and loan
          holding company, credit union, bank or bank holding company, insurance
          company or agency,  any  mortgage or loan  broker or any other  entity
          that competes with the business of the Bank or any holding  company of
          the  Bank  or  any  of  their  direct  or  indirect   subsidiaries  or
          affiliates,  that has headquarters or offices within  twenty-five (25)
          miles of the locations in which the Bank of any holding company of the
          Bank  has  business   operations  or  has  filed  an  application  for
          regulatory approval to establish an office;  provided,  however,  that
          this  restriction  shall  not  apply  if  Executive's   employment  is
          terminated following a Change in Control; or

               (iii) solicit, provide any information,  advice or recommendation
          or take any other action intended (or that a reasonable  person acting
          in like circumstances  would expect) to have the effect of causing any
          customer of the Bank to terminate an existing  business or  commercial
          relationship with the Bank.

     (b)  Executive  recognizes  and  acknowledges  that  the  knowledge  of the
business activities,  plans for business  activities,  and all other proprietary
information of the Bank or any holding  company of the Bank as it may exist from
time to time,  are  valuable,  special and unique  assets of the business of the
Bank or any holding company of the Bank. Executive will not, during or after the
term of his employment,  disclose any knowledge of the past, present, planned or
considered business  activities or any other similar proprietary  information of
the Bank or any holding company of the Bank to any person, firm, corporation, or
other entity for any reason or purpose whatsoever unless expressly authorized by
the Board of  Directors  or  required  by law.  Notwithstanding  the  foregoing,
Executive  may disclose  any  knowledge of banking,  financial  and/or  economic
principles,  concepts or ideas which are not solely and exclusively derived from
the  business  plans and  activities  of the Bank or any holding  company of the
Bank.  Further,  Executive  may  disclose  information  regarding  the  business
activities of the Bank or any holding  company of the Bank to any bank regulator
having  regulatory  jurisdiction  over the activities of the Bank or any holding
company of the Bank,  pursuant to a formal regulatory request. In the event of a
breach or threatened breach by Executive of the provisions of this Section,  the
Bank or any  holding  company  of the Bank  will be  entitled  to an  injunction
restraining Executive from disclosing, in whole or in part, the knowledge of the
past,  present,  planned or  considered  business  activities of the Bank or any
holding company of the Bank, or any other similar  proprietary  information,  or
from rendering any services to any person, firm, corporation, or other entity to
whom such knowledge, in whole or in part, has been disclosed or is threatened to
be  disclosed.  Nothing  herein will be  construed as  prohibiting  the Bank any
holding  company of the Bank from pursuing any other  remedies  available to the
Bank any  holding  company  of the Bank for such  breach or  threatened  breach,
including the recovery of damages from Executive.

<PAGE>

     (c) Executive shall, upon reasonable  notice,  furnish such information and
assistance to the Bank as may  reasonably be required by the Bank, in connection
with any litigation in which it or any of its  subsidiaries or affiliates is, or
may become, a party; provided,  however, that Executive shall not be required to
provide  information or assistance  with respect to any  litigation  between the
Executive and the Bank or any of its subsidiaries or affiliates.

     (d) All payments and benefits to Executive  under this  Agreement  shall be
subject  to  Executive's   compliance  with  this  Section  10,  to  the  extent
applicable.  The parties hereto, recognizing that irreparable injury will result
to the Bank,  its business and  property in the event of  Executive's  breach of
this Section 10, agree that, in the event of any such breach by  Executive,  the
Bank will be entitled,  in addition to any other remedies and damages available,
to an injunction  to restrain the violation  hereof by Executive and all persons
acting for or with Executive.  Executive  represents and admits that Executive's
experience and capabilities  are such that Executive can obtain  employment in a
business  engaged  in  other  lines of  business  than  the  Bank,  and that the
enforcement  of a remedy by way of injunction  will not prevent  Executive  from
earning a livelihood.  Nothing herein will be construed as prohibiting  the Bank
or any holding company of the Bank from pursuing any other remedies available to
them for such breach or  threatened  breach,  including  the recovery of damages
from Executive.

11.  SOURCE OF PAYMENTS

     All  payments  provided in this  Agreement  shall be timely paid in cash or
check from the  general  funds of the Bank.  The  Company,  however,  guarantees
payment and  provision of all amounts and  benefits  due  hereunder to Executive
and,  if such  amounts  and  benefits  due from the Bank are not timely  paid or
provided by the Bank, such amounts and benefits shall be paid or provided by the
Company.

12.  NO EFFECT ON EMPLOYEE BENEFITS PLANS OR PROGRAMS

     The Bank's or the Company's  Board of Directors  may terminate  Executive's
employment at any time,  but, any termination of Executive's  employment,  other
than  Termination  for Cause  shall  have no effect on or  prejudice  the vested
rights of Executive under the Company's or the Bank's qualified or non-qualified
retirement, pension, savings, thrift, profit-sharing or stock bonus plans, group
life, health  (including  hospitalization,  medical and major medical),  dental,
accident and long term  disability  insurance  plans or other  employee  benefit
plans or programs,  or  compensation  plans or programs in which Executive was a
participant.  Executive shall not have the right to receive any  compensation or
other benefits for any period after  Termination for Cause as defined in Section
8 hereinabove, except as otherwise required by applicable law.

<PAGE>

13.  REQUIRED REGULATORY PROVISIONS

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

     (b)  If   Executive  is  removed   and/or   permanently   prohibited   from
participating  in the  conduct of the Bank's  affairs by an order  issued  under
Section 8(e)(4) (12 U.S.C.  ss.1818(e)(4)) or 8(g)(1) (12 U.S.C.  ss.1818(g)(1))
of FDIA, all  obligations of the Bank under this Agreement shall terminate as of
the effective date of the order,  but vested rights of the  contracting  parties
shall not be affected.

     (c) If the Bank is in default as  defined  in  Section  3(x)(1)  (12 U.S.C.
ss.1813(x)(1))  of FDIA, all obligations under this Agreement shall terminate as
of the date of default, but this paragraph shall not affect any vested rights of
the contracting parties.

     (d) All obligations under this Agreement shall be terminated, except to the
extent  determined  that  continuation  of this  Agreement is necessary  for the
continued  operation  of the  Bank,  (i) by  the  Director  of OTS or his or her
designee, at the time the FDIC enters into an agreement to provide assistance to
or on behalf of the Bank under the  authority  contained  in  Section  13(c) (12
U.S.C.  ss.1823(c))  of  FDIA;  or  (ii)  by the  Director  of OTS or his or her
designee  at the time the  Director  of OTS or his or her  designee  approves  a
supervisory merger to resolve problems related to operations of the Bank or when
the Bank is determined by the Director of OTS or his or her designee to be in an
unsafe or unsound condition. Any rights of the parties that have already vested,
however, shall not be affected by such action.

     (e) Notwithstanding anything herein contained to the contrary, any payments
to Executive by the Company,  whether  pursuant to this  Agreement or otherwise,
are subject to and conditioned upon their compliance with Section 18(k) of FDIA,
12 U.S.C.  Section  1828(k),  and the regulations  promulgated  thereunder in 12
C.F.R. Part 359.

14.  NO ATTACHMENT

     (a) Except as  required  by law,  no right to receive  payments  under this
Agreement  shall be  subject to  anticipation,  commutation,  alienation,  sale,
assignment,  encumbrance,  charge,  pledge, or  hypothecation,  or to execution,
attachment,  levy, or similar process or assignment by operation of law, and any
attempt,  voluntary  or  involuntary,  to affect any such action  shall be null,
void, and of no effect.

<PAGE>

     (b) This  Agreement  shall be binding  upon,  and inure to the  benefit of,
Executive, the Bank and the Company and their respective successors and assigns.

15.  ENTIRE AGREEMENT; MODIFICATION AND WAIVER

     (a) This instrument  contains the entire  agreement of the parties relating
to the subject matter  hereof,  and supercedes in its entirety any and all prior
agreements,  understandings  or  representations  relating to the subject matter
hereof, except that the parties acknowledge that this Agreement shall not affect
any of the rights and  obligations  of the parties  under any  agreement or plan
entered into with or by the Company  pursuant to which the Executive may receive
compensation  or  benefits  except  as  set  forth  in  Section  10  hereof.  No
modifications of this Agreement shall be valid unless made in writing and signed
by the parties hereto.

     (b) This  Agreement may not be modified or amended  except by an instrument
in writing signed by the parties hereto.

     (c) No term or  condition  of this  Agreement  shall be deemed to have been
waived, nor shall there be any estoppel against the enforcement of any provision
of this Agreement,  except by written  instrument of the party charged with such
waiver or estoppel.  No such written waiver shall be deemed a continuing  waiver
unless specifically  stated therein,  and each such waiver shall operate only as
to the specific  term or condition  waived and shall not  constitute a waiver of
such term or condition for the future as to any act other than that specifically
waived.

16.  SEVERABILITY

     If, for any reason,  any  provision of this  Agreement,  or any part of any
provision, is held invalid, such invalidity shall not affect any other provision
of this  Agreement or any part of such  provision not held so invalid,  and each
such other  provision and part thereof shall to the full extent  consistent with
law continue in full force and effect.

17.  HEADINGS FOR REFERENCE ONLY

     The headings of sections  and  paragraphs  herein are  included  solely for
convenience of reference and shall not control the meaning or  interpretation of
any of the provisions of this Agreement.

18.  GOVERNING LAW

     This  Agreement  shall  be  governed  by the  laws of the  Commonwealth  of
Massachusetts but only to the extent not superseded by federal law.

19.  ARBITRATION

     Any  dispute  or  controversy  arising  under or in  connection  with  this
Agreement shall be settled exclusively by binding arbitration, as an alternative
to civil  litigation  and  without  any trial by jury to  resolve  such  claims,
conducted by a single arbitrator,  mutually acceptable to the Bank and Executive
sitting in a location  selected  by Bank  within  fifty (50) miles from the main
office of the Bank,  in  accordance  with the rules of the American  Arbitration
Association's   National  Rules  for  the  Resolution  of  Employment   Disputes
("National  Rules") then in effect.  Judgment may be entered on the arbitrator's
award in any court having jurisdiction.

<PAGE>

20.  PAYMENT OF LEGAL FEES

     All  reasonable  legal fees paid or incurred by  Executive  pursuant to any
dispute or question of  interpretation  relating to this Agreement shall be paid
or reimbursed by the Bank,  provided that the dispute or interpretation has been
settled by Executive  and the Bank or resolved in  Executive's  favor,  and such
reimbursement  shall  occur no later  than  sixty (60) days after the end of the
year in which the dispute is settled or resolved in Executive's favor.

21.  INDEMNIFICATION

     The Bank  shall  provide  Executive  (including  his heirs,  executors  and
administrators)  with coverage under a standard directors and officers liability
insurance policy at its expense.  Subject to 12 C.F.R. Section 545.121, the Bank
or  the   Company,   indemnify   Executive   (and  his  heirs,   executors   and
administrators)  to the fullest extent  permitted  under federal law against all
expenses  and  liabilities  reasonably  incurred  by him in  connection  with or
arising out of any  action,  suit or  proceeding  in which he may be involved by
reason of his  having  been a director  or  officer  of the Bank or the  Company
(whether  or not he  continues  to be a  director  or  officer  at the  time  of
incurring  such  expenses or  liabilities),  such  expenses and  liabilities  to
include,  but not be limited to,  judgments,  court costs and attorneys fees and
the cost of reasonable  settlements  (such  settlements  must be approved by the
Board  of  Directors  of the  Bank  or the  Company).  If such  action,  suit or
proceeding  is  brought  against  Executive  in his  capacity  as an  officer or
director of the Bank, however,  such indemnification shall not extend to matters
as to which Executive is finally adjudged to be liable for willful misconduct in
the performance of his duties.

22.  SUCCESSORS AND ASSIGNS

     The Bank  and/or the  Company  shall  require any  successor  or  assignee,
whether direct or indirect, by purchase, merger,  consolidation or otherwise, to
all or  substantially  all the  business  or assets of the Bank or the  Company,
expressly and  unconditionally to assume and agree to perform the Bank's and the
Company's  obligations under this Agreement,  in the same manner and to the same
extent that the Bank and/or the Company  would be required to perform if no such
succession or assignment had taken place.

                     [Remainder of Page Intentionally Blank]

<PAGE>

                                   SIGNATURES

     IN WITNESS WHEREOF,  the Bank and the Company have caused this Agreement to
be executed by their duly  authorized  officers,  and  Executive has signed this
Agreement, on this 27th day of November, 2007.

ATTEST:                                       UNITED BANK

/s/ Diane Wilson                              By: /s/ Mark A. Roberts
--------------------                              ------------------------------
                                                  Mark A. Roberts
                                                  Executive Vice President & CFO

ATTEST:                                       UNITED FINANCIAL BANCORP, INC.

/s/ Diane Wilson                              By: /s/ Mark A. Roberts
--------------------                              ------------------------------
                                                  Mark A. Roberts
                                                  Executive Vice President & CFO

WITNESS:                                      EXECUTIVE

/s/ Miriam Siegel                             By: /s/ Richard B. Collins
--------------------                              ------------------------------
                                                  Richard B. CollinsCHANGE IN CONTROL AGREEMENT

     This  AGREEMENT is made  effective as of the 1st day of May,  2007,  by and
between UNITED BANK, a federally chartered stock savings bank (the "Bank"),  and
KEITH E. HARVEY ("Executive").  Any reference to the "Company" herein shall mean
UNITED  FINANCIAL  BANCORP,  INC.,  or any  successor  thereto.  The Company has
executed this Agreement  solely for purposes of guaranteeing  the performance of
the Bank hereunder.

     WHEREAS,  the Bank  recognizes the substantial  contribution  Executive has
made to the Bank and wishes to provide  Executive with certain  protections  and
benefits  in the event of a Change in  Control  of the Bank or the  Company,  as
provided in this Agreement; and

     WHEREAS,  Executive  has been  elected  to,  and has agreed to serve in the
position of Executive  Vice  President  for the Bank, a position of  substantial
responsibility;

     NOW, THEREFORE, in consideration of the contribution of Executive, and upon
the other terms and conditions hereinafter provided, the parties hereto agree as
follows:

1.   TERM OF AGREEMENT

     The "term" of this  Agreement  shall begin on the effective  date set forth
above and shall continue for thirty-six  (36) full calendar  months  thereafter.
Commencing on May 1, 2008,  and  continuing on the first day of May of each year
thereafter  (the  "Anniversary   Date"),  this  Agreement  shall  renew  for  an
additional  year such that the remaining  term shall be three (3) years,  unless
written notice of non-renewal ("Non-Renewal Notice") is provided to Executive at
least  thirty  (30)  days  and not  more  than  sixty  (60)  days  prior to such
Anniversary  Date  that this  Agreement  shall not be  renewed.  The Board  will
conduct a  performance  evaluation  and  review of  Executive  for  purposes  of
determining  whether or not to renew or extend  this  Agreement  and the results
thereof  shall be included in the minutes of the Board's  meeting.  In the event
the Board  determines  not to renew or extend  this  Agreement,  the Board shall
provide  a  Non-Renewal  Notice to  Executive,  and the  remaining  term of this
Agreement shall be twenty-four (24) months. If Executive is also a director then
he  shall  abstain  from any and all  voting  with  respect  to the  renewal  or
extension of the term of this Agreement.

2.   PAYMENTS TO EXECUTIVE UPON CHANGE IN CONTROL AND TERMINATION

     This Agreement provides for certain payments and benefits to Executive only
in the  event  of a  Change  in  Control  followed  by  Executive's  Involuntary
Termination as described in this Agreement.

     (a) Upon the occurrence of a "Change in Control" of the Bank or the Company
followed  at any time  during  the  term of this  Agreement  by the  Involuntary
Termination of Executive's  employment,  other than Termination for Cause, death
or  Disability  of  Executive,  the Bank  shall be  obligated  to pay or provide
Executive  or  in  the  event  of  his  subsequent  death,  his  beneficiary  or
beneficiaries, or his estate, as the case may be:

<PAGE>

          (i) Within thirty (30) days of Executive's Involuntary Termination, as
          severance  pay,  a sum equal to two  times the sum of (a) the  highest
          rate of base  salary,  and  (b)  highest  rate  of  bonus  awarded  to
          Executive during the prior three years.

          (ii) Life insurance and  non-taxable  medical and dental  coverage (at
          the  expense  of the Bank)  substantially  identical  to the  coverage
          maintained  by  the  Bank  for  Executive  prior  to  his  Involuntary
          Termination, provided, however, such medical coverage shall cease upon
          the earlier of (i) the expiration of  twenty-four  (24) months or (ii)
          the date Executive  becomes eligible for Medicare  coverage,  provided
          further,  that if Executive is covered by family coverage, or coverage
          for self and a spouse,  then the  Executive's  family or spouse  shall
          continue  to be covered for the  remainder  of the  twenty-four  month
          period,  or,  in the case of the  spouse,  until  the  spouse  becomes
          eligible for Medicare coverage, whichever period is less.

          (iii)  Within  thirty  (30)  days  following  Executive's  Involuntary
          Termination a lump sum payment in an amount equal to the present value
          of the  Bank's  contributions  that would have been made on his behalf
          under each of the Bank's 401(k) Plan and employee stock ownership plan
          (and any other  defined  contribution  plan  maintained by the Bank in
          which Executive participates) if he had continued working for the Bank
          for a twenty-four (24) month period following his termination  earning
          the Base Salary  that would have been  achieved  during the  remaining
          unexpired  term of this  Agreement  and making the  maximum  amount of
          employee  contributions  permitted,  if any, under such plan or plans,
          where such present  values are to be determined  using a discount rate
          of 6%.

     (b) Upon the  occurrence of a Change in Control,  Executive  will have such
rights as specified in any other employee  benefit plan with respect to options,
stock  awards or other stock  incentives  and such other rights as may have been
granted to Executive under such plans.

     (c) Any  payments to Executive  under this  Section 2 (other than  payments
under Section  2(a)(ii))  should be made in a lump sum and reduced by applicable
withholding taxes.  Notwithstanding  the foregoing,  in the event Executive is a
"Specified  Employee" (as defined  herein) no payment shall be made to Executive
under  sub-sections  2(a)(i) or 2(a)(iii)  prior to the first day of the seventh
month following Executive's  Involuntary Termination in excess of the "permitted
amount" under Section 409A of the Internal  Revenue Code. For these purposes the
"permitted  amount" shall be an amount that does not exceed two times the lesser
of: (A) the sum of  Executive's  annualized  compensation  based upon the annual
rate of pay for services  provided to the Bank for the calendar  year  preceding
the year in which Executive has an Involuntary  Termination,  or (B) the maximum
amount that may be taken into account  under a  tax-qualified  plan  pursuant to
Section  401(a)(17) of the Internal  Revenue Code for the calendar year in which
the Involuntary  Termination occurs. The payment of the "permitted  amount"shall
be  made  within  thirty  (30)  days  of  the  occurrence  of  the   Involuntary
Termination.  Any  payment in excess of the  permitted  amount  shall be made to
Executive  on the first  day of the  seventh  month  following  the  Involuntary
Termination.

<PAGE>

     (d) Notwithstanding the preceding paragraphs of this Section 2, in no event
shall the  aggregate  payments or  benefits to be made or afforded to  Executive
under  said  paragraphs  (the  "Termination  Benefits")  constitute  an  "excess
parachute payment" under Section 280G of the Code or any successor thereto,  and
in order to avoid  such a  result,  Termination  Benefits  will be  reduced,  if
necessary, to an amount (the "Non-Triggering Amount"), the value of which is one
dollar  ($1.00) less than an amount equal to three (3) times  Executive's  "base
amount", as determined in accordance with said Section 280G. In addition,  in no
event  shall  the  aggregate  Termination  Benefits  to be made or  approved  to
Executive ever exceed three (3) times "average annual compensation" as such Term
is defined in OTS  Regulatory  Handbook  Section 310  (Oversight by the Board of
Directors).

     (e)  Executive  shall not have the right to  receive  termination  benefits
pursuant to Section 2 hereof in the event of Executive's  Termination  for Cause
or termination of employment due to Executive's death or Disability.

3.   DEFINED TERMS

     The following  capitalized  terms used in this Agreement are defined as set
forth below:

     (a) Change in  Control.  A "Change in  Control"  of the Bank or the Company
shall mean a change in control of a nature  that:  (i) would be  required  to be
reported  in  response  to Item 5.01 of the  current  report on Form 8-K,  as in
effect on the date  hereof,  pursuant  to Section 13 or 15(d) of the  Securities
Exchange  Act of 1934  (the  "Exchange  Act");  or (ii)  results  in a Change in
Control of the Bank or the Company  within the meaning of the Home  Owners' Loan
Act, as amended,  and applicable  rules and regulations  promulgated  thereunder
(collectively, the "HOLA") as in effect at the time of the Change in Control; or
(iii)  without  limitation  such a Change  in  Control  shall be  deemed to have
occurred at such time as (a) any "person" (as the term is used in Sections 13(d)
and 14(d) of the Exchange Act) is or becomes the "beneficial  owner" (as defined
in Rule 13d-3 under the Exchange Act), directly or indirectly,  of securities of
the Company  representing  25% or more of the combined voting power of Company's
outstanding  securities,  except  for any  securities  purchased  by the  Bank's
employee stock  ownership plan or trust;  or (b)  individuals who constitute the
Board on the date  hereof  (the  "Incumbent  Board")  cease  for any  reason  to
constitute  at least a majority  thereof,  provided  that any person  becoming a
director  subsequent to the date hereof whose election was approved by a vote of
at least  three-quarters  of the directors  comprising the Incumbent  Board,  or
whose nomination for election by the Company's  stockholders was approved by the
same  Nominating  Committee  serving  under an  Incumbent  Board,  shall be, for
purposes  of this  clause  (b),  considered  as  though  he were a member of the
Incumbent Board; or (c) a plan of reorganization, merger, consolidation, sale of
all or  substantially  all the  assets  of the Bank or the  Company  or  similar
transaction in which the Bank or Company is not the surviving institution occurs
or is effected; or (d) a proxy statement soliciting proxies from stockholders of
the Company is distributed,  by someone other than the current management of the
Company,  seeking  stockholder  approval of a plan of reorganization,  merger or
consolidation  of the Company or similar  transaction  with one or more business
organizations  as a result  of which  the  outstanding  shares  of the  class of
securities  then subject to the plan are to be exchanged  for or converted  into
cash or property or securities not issued by the Company;  or (e) a tender offer
is made  for  25% or  more  of the  voting  securities  of the  Company  and the
shareholders  owning  beneficially  or of record 25% or more of the  outstanding
securities of the Company have tendered or offered to sell their shares pursuant
to such tender offer and such  tendered  shares have been accepted by the tender
offeror.

<PAGE>

     (b) Involuntary Termination.  "Involuntary  Termination" of Executive shall
mean  either  (i)  Executive's  termination  by the  Bank,  the  Company  or any
successor(s) thereto during the term of this Agreement and following a Change in
Control for any reason other than a Termination for Cause,  Disability or death,
or (ii) Executive's resignation from employment following a Change in Control as
a result of the Company's (or any successor to the Company)  failure to renew or
extend  this  Agreement  for an  additional  twelve  (12)  months  on the  first
anniversary  date of this  Agreement  following  a Change in  Control,  or (iii)
Executive's  resignation  of  employment  during the term of this  Agreement and
following  a Change in  Control as a result  of:  any  demotion,  loss of title,
office, significant change in Executive's functions,  duties or responsibilities
which  change  would  cause  Executive's   position  to  become  one  of  lesser
importance,  responsibility or scope from the position held immediately prior to
the Change in Control, reduction in Executive's annual compensation or benefits,
relocation of  Executive's  principal  place of employment by more than 25 miles
from its location immediately prior to the Change in Control, or material breach
of this  Agreement  by the Bank,  the  Company or its  successor(s)  following a
Change  in  Control.  Notwithstanding  anything  herein  to  the  contrary,  the
Executive shall not have an Involuntary  Termination  unless the Executive has a
Separation from Service within the meaning of Code Section 409A.

     (c) Termination for Cause.  "Termination  for Cause" shall mean termination
because of Executive's  personal dishonesty,  incompetence,  willful misconduct,
any breach of fiduciary duty involving personal profit,  intentional  failure to
perform stated duties,  willful  violation of any law, rule,  regulation  (other
than traffic violations or similar offenses) or final cease and desist order, or
any material breach of any material provision of this Agreement.  In determining
incompetence,  the  acts  or  omissions  shall  be  measured  against  standards
generally prevailing in the savings institution  industry.  For purposes of this
paragraph,  no act or  failure  to act on the  part of the  Executive  shall  be
considered  "willful"  unless done,  or omitted to be done,  by Executive not in
good faith and without  reasonable belief that Executives action or omission was
in the best  interest  of the Bank.  Any act,  or  failure  to act,  based  upon
authority given pursuant to a resolution duly adopted by the Board or based upon
the advice of counsel for the Bank shall be conclusively presumed to be done, or
omitted to be done, by Executive in good faith and in the best  interests of the
Bank. Notwithstanding the foregoing,  Executive shall not be deemed to have been
terminated  for Cause unless and until there shall have been  delivered to him a
copy of a  resolution  duly  adopted  by the  affirmative  vote of not less than
three-fourths of the entire  membership of the Board of the Bank at a meeting of
the Board called and held for that purpose (after reasonable notice to Executive
and an  opportunity  for him,  together  with  counsel,  to be heard  before the
Board),  finding  that in the good faith  opinion of the  Board,  Executive  was
guilty  of  conduct   justifying   Termination  for  Cause  and  specifying  the
particulars  thereof  in detail.  Executive  shall not have the right to receive
compensation or other benefits for any period after  Termination for Cause.  Any
stock options  granted to Executive under any stock option plan of the Bank, the
Company or any  subsidiary  or  affiliate  thereof,  shall  become null and void
effective upon  Executive's  receipt of Notice of Termination for Cause pursuant
to  Section 4 hereof,  and shall not be  exercisable  by  Executive  at any time
subsequent to such Termination for Cause.

<PAGE>

     (d) Disability.  "Disability"  shall mean Executive's  inability to perform
duties  normally  associated with his position on a full-time basis for a period
of six  consecutive  months by reason of  illness  or other  physical  or mental
disability.   The  Bank  or  the  Company  may  require  a  physician's  written
confirmation  that  Executive  cannot  perform his duties because of Executive's
Disability.

     (e) Specified Employee. "Specified Employee" shall mean a "key employee" as
such term is defined in Code  Section  416(i)  (without  regard to  paragraph  5
thereof),  but an individual  shall be a Specified  Employee only if the Bank or
the Company is a publicly traded company.

     (f)  Separation   from  Service.   "Separation   from  Service"  means  the
Executive's  termination of employment  with the Bank within the meaning of Code
Section 409A. Whether a Separation from Service has occurred is determined based
on whether  the facts and  circumstances  indicate  that the Bank and  Executive
reasonably  anticipate that either no further  services will be performed by the
Executive after the date of the Involuntary  Termination (whether as an employee
or as an independent contractor) or the level of further services performed will
not  exceed  49% of the  average  level of bona fide  services  in the 12 months
immediately preceding the Involuntary  Termination.  For all purposes hereunder,
the definition of Separation  from Service shall be interpreted  consistent with
Treasury Regulation Section 1.409A-1(h)(ii).

4.   NOTICE OF TERMINATION

     (a)  Following  a Change  in  Control,  any  termination  by the Bank or by
Executive  shall be  communicated  by Notice of  Termination  to the other party
hereto.  For purposes of this Agreement,  a "Notice of Termination" shall mean a
written notice which shall indicate the specific  termination  provision in this
Agreement  relied  upon and shall set forth in  reasonable  detail the facts and
circumstances  claimed  to  provide  a  basis  for  termination  of  Executive's
employment  under the provision so indicated.  Any termination by Executive as a
result of an Involuntary  Termination under Section 3(b)(i) or (ii) hereof shall
be  communicated  by Notice of Termination to the Company within 120 days of the
event giving rise to the Involuntary Termination.

     (b) "Date of  Termination"  shall  mean (A) if  Executive's  employment  is
terminated  for  Disability,  thirty (30) days after a Notice of  Termination is
given  (provided  that Executive  shall not have returned to the  performance of
Executive's duties on a full-time basis during such thirty (30) day period), and
(B) if  Executive's  employment  is terminated  for any other  reason,  the date
specified in the Notice of Termination  (which, in the case of a Termination for
Cause, shall be immediate).  In no event shall the Date of Termination exceed 30
days from the date Notice of Termination is given.

<PAGE>

5.   SOURCE OF PAYMENTS

     It is  intended by the parties  hereto that all  payments  provided in this
Agreement shall be paid in cash or check from the general funds of the Bank. The
Company,  however,  guarantees payment and provision of all amounts and benefits
due  hereunder to Executive  and, if such amounts and benefits due from the Bank
are not timely paid or provided by the Bank,  such amounts and benefits shall be
paid or provided by the Company.

6.   EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFIT PLANS

     This Agreement contains the entire understanding between the parties hereto
and supersedes any prior agreement  between the Bank and Executive,  except that
this Agreement shall not affect or operate to reduce any benefit or compensation
inuring  to  Executive  of a kind  elsewhere  provided.  No  provision  of  this
Agreement  shall be  interpreted  to mean that Executive is subject to receiving
fewer benefits than those available to him without reference to this Agreement.

7.   NO ATTACHMENT

     (a) Except as  required  by law,  no right to receive  payments  under this
Agreement  shall be  subject to  anticipation,  commutation,  alienation,  sale,
assignment,  encumbrance,  charge,  pledge, or  hypothecation,  or to execution,
attachment,  levy, or similar process or assignment by operation of law, and any
attempt,  voluntary  or  involuntary,  to affect any such action  shall be null,
void, and of no effect.

     (b) This  Agreement  shall be binding  upon,  and inure to the  benefit of,
Executive, the Bank and their respective successors and assigns.

8.   MODIFICATION AND WAIVER

     (a) This  Agreement may not be modified or amended  except by an instrument
in writing signed by the parties hereto.

     (b) No term or  condition  of this  Agreement  shall be deemed to have been
waived, nor shall there be any estoppel against the enforcement of any provision
of this Agreement,  except by written  instrument of the party charged with such
waiver or estoppel.  No such written waiver shall be deemed a continuing  waiver
unless specifically  stated therein,  and each such waiver shall operate only as
to the specific  term or condition  waived and shall not  constitute a waiver of
such  term  or  condition  for  the  future  or as to any act  other  than  that
specifically waived.

9.   REQUIRED PROVISIONS

     (a) The Bank may terminate  Executive's  employment at any time.  Executive
shall not have the  right to  receive  compensation  or other  benefits  for any
period after Termination for Cause as defined herein.

<PAGE>

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

     (c)  If   Executive  is  removed   and/or   permanently   prohibited   from
participating  in the  conduct of the Bank's  affairs by an order  issued  under
Section  8(e)(4) (12 USC  ss.1818(e)(4))  or 8(g)(1) (12 USC  ss.1818(g)(1))  of
FDIA, all obligations of the Bank under this Agreement shall terminate as of the
effective date of the order, but vested rights of the contracting  parties shall
not be affected.

     (d) If the  Bank is in  default  as  defined  in  Section  3(x)(1)  (12 USC
ss.1813(x)(1))  of FDIA, all obligations under this Agreement shall terminate as
of the date of default, but this paragraph shall not affect any vested rights of
the contracting parties.

     (e) All obligations under this Agreement shall be terminated, except to the
extent  determined  that  continuation  of this  Agreement is necessary  for the
continued  operation  of the  Bank,  (i) by  the  Director  of OTS or his or her
designee, at the time the FDIC enters into an agreement to provide assistance to
or on behalf of the Bank under the authority  contained in Section 13(c) (12 USC
ss.1823(c))  of FDIA;  or (ii) by the  Director of OTS or his or her designee at
the time the  Director  of OTS or his or her  designee  approves  a  supervisory
merger to resolve problems related to operations of the Bank or when the Bank is
determined  by the  Director of OTS or his or her designee to be in an unsafe or
unsound condition.  Any rights of the parties that have already vested, however,
shall not be affected by such action.

     (f) Notwithstanding anything herein contained to the contrary, any payments
to Executive by the Bank,  whether pursuant to this Agreement or otherwise,  are
subject to and conditioned  upon their compliance with Section 18(k) of FDIA, 12
U.S.C. Section 1828(k), and the regulations  promulgated thereunder in 12 C.F.R.
Part 359.

10.  SEVERABILITY

     If, for any reason,  any  provision of this  Agreement,  or any part of any
provision, is held invalid, such invalidity shall not affect any other provision
of this  Agreement or any part of such  provision not held so invalid,  and each
such other  provision and part thereof shall to the full extent  consistent with
law continue in full force and effect.

11.  HEADINGS FOR REFERENCE ONLY

     The headings of sections  and  paragraphs  herein are  included  solely for
convenience of reference and shall not control the meaning or  interpretation of
any of the provisions of this Agreement.

<PAGE>

12.  GOVERNING LAW

     The  validity,   interpretation,   performance,  and  enforcement  of  this
Agreement shall be governed by the laws of the  Commonwealth  of  Massachusetts,
unless superseded or preempted by Federal law as now or hereafter in effect.

     Any  dispute  or  controversy  arising  under or in  connection  with  this
Agreement shall be settled exclusively by arbitration, conducted before a single
arbitrator, mutually acceptable to Executive and the Bank, sitting in a location
selected  by the Bank  within  twenty-five  (25) miles of the main office of the
Bank in West  Springfield,  Massachusetts,  in accordance  with the rules of the
American  Arbitration   Association's  National  Rules  for  the  Resolution  of
Employment Disputes then in effect.  Judgment may be entered on the arbitrator's
award in any court having jurisdiction.

13.  PAYMENT OF LEGAL FEES

     All  reasonable  legal fees paid or incurred by  Executive  pursuant to any
dispute or question of  interpretation  relating to this Agreement shall be paid
or reimbursed by the Bank if Executive is successful on the merits pursuant to a
legal judgment, arbitration or settlement, and such reimbursement shall occur no
later  than  sixty  (60) days  after the  dispute  is  settled  or  resolved  in
Executive's favor.

14.  SUCCESSOR TO THE BANK

     The Bank  shall  require  any  successor  or  assignee,  whether  direct or
indirect,  by  purchase,   merger,   consolidation  or  otherwise,   to  all  or
substantially   all  the  business  or  assets  of  the  Bank,   expressly   and
unconditionally to assume 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.

                     [Remainder of Page Intentionally Blank]

<PAGE>

15.  SIGNATURES

     IN WITNESS WHEREOF,  the Bank and the Company have caused this Agreement to
be executed by their duly  authorized  officers,  and  Executive has signed this
Agreement, on this 27th day of November, 2007.

ATTEST:                                     UNITED BANK

/s/ Diane Wilson                            By:      /s/ Richard B. Collins
--------------------                                 ---------------------------
                                                     President

ATTEST:                                     UNITED FINANCIAL BANCORP, INC.

/s/ Diane Wilson                            By:      /s/ Richard B. Collins
--------------------                                 ---------------------------
                                                     President

WITNESS:                                    EXECUTIVE

/s/ Miriam Siegel                           By:      /s/ Keith E. Harvey
--------------------                                 ---------------------------
                                                     Keith E. Harvey

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