Document:

Exhibit 10.14

                               FIRST AMENDMENT TO
                AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT

      First Amendment,  dated as of November 12, 2008 (the "Amendment"),  to the
Amended and Restated Change in Control Agreement,  dated as of February 12, 2007
(as amended,  the  "Agreement"),  by and among Enfield  Federal Savings and Loan
Association (the  "Association") and John Parda (the  "Executive").  Capitalized
terms which are not defined  herein  shall have the same meaning as set forth in
the Agreement.

                              W I T N E S S E T H:

      WHEREAS,  the parties  desires to amend the  Agreement  to comply with the
final  regulations  issued in April 2007 by the Internal  Revenue  Service under
Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"); and

      WHEREAS,  pursuant to Section  8(a) of the  Agreement,  the parties to the
Agreement desire to amend the Agreement;

      NOW,  THEREFORE,  in consideration of the premises,  the mutual agreements
herein set forth and such other consideration the sufficiency of which is hereby
acknowledged,  the Association and the Executive  hereby amends the Agreement as
follows:

      Section 1. References to Enfield Federal Savings and Loan Association. All
references  to Enfield  Federal  Savings and Loan  Association  in the Agreement
shall include any successor to the Association.

      Section 2. Amendment to Section 2(a) of the Agreement. Section 2(a) of the
Agreement  is hereby  amended to add the  following  immediately  after  Section
2(a)(v):

            "provided,  however, that prior to any termination of employment for
            Good Reason,  the Executive must first provide written notice to the
            Association  (or its successor in interest)  within ninety (90) days
            following the initial  existence of the  condition,  describing  the
            existence of such condition,  and the Association  shall  thereafter
            have the right to remedy the  condition  within  thirty (30) days of
            the  date the  Association  received  the  written  notice  from the
            Executive.  If the  Association  remedies the condition  within such
            thirty (30) day cure period,  then no Good Reason shall be deemed to
            exist with respect to such condition.  If the  Association  does not
            remedy the condition  within such thirty (30) day cure period,  then
            the Executive may deliver a Notice of Termination for Good Reason at
            any time within sixty (60) days  following  the  expiration  of such
            cure period."

      Section 3. Amendment to Section 2(b) of the Agreement. Section 2(b) of the
Agreement  is hereby  amended to add the  following  immediately  after  Section
2(b)(iv):

      "Notwithstanding  anything in this Agreement to the contrary,  a merger or
combination of the  Association  with or into Valley Bank or any other affiliate
of the Company or a similar

<PAGE>

merger  or  combination  of  the  Association  into  Valley  Bank  or any of its
affiliates,  or  any  other  type  of  corporate  reorganization  involving  the
Association or any other  affiliate of the Company shall not constitute a Change
in Control for purposes of this Agreement."

      Section 4. New Section 2(d) of the  Agreement.  Section 2 of the Agreement
is hereby amended to add a new Section 2(d) to read in its entirety as follows:

            "(d) For purposes of this Agreement,  any termination of Executive's
            employment shall be construed to require a "Separation from Service"
            in accordance with Code Section 409A and the regulations promulgated
            thereunder,  such  that the  Association  and  Executive  reasonably
            anticipate  that the level of bona  fide  services  Executive  would
            perform after termination of employment would  permanently  decrease
            to a level that is less than 50% of the  average  level of bona fide
            services  performed  (whether  as  an  employee  or  an  independent
            contractor)  over the immediately  preceding  thirty-six  (36)-month
            period."

      Section  5.  Amendment  to  Section  3(a)(ii)  of the  Agreement.  Section
3(a)(ii) of the Agreement is hereby amended and a new Section 3(a)(iii) is added
to read in its entirety as follows:

            "(ii) Continued  life  insurance and  non-taxable  health and dental
                  insurance  coverage which Executive  participated in as of the
                  date of the Change in  Control  (collectively,  the  "Employee
                  Benefit  Plans")  for a  period  of  twenty-four  (24)  months
                  following Executive's termination of employment. Said coverage
                  shall be  provided  under  the same  terms and  conditions  in
                  effect on the date of  Executive's  termination of employment.
                  To the  extent  that  benefits  required  under  this  Section
                  3(a)(ii) cannot be provided under the terms of any Association
                  health  and  welfare  plans,  the  Association  shall  pay the
                  Executive  the value of such  benefits  in a single  cash lump
                  distribution  within  ten (10)  calendar  days  following  the
                  Executive's termination of employment; and

            (iii) Notwithstanding the foregoing, in the event the Executive is a
                  Specified  Employee (as defined herein),  then,  solely to the
                  extent  required to avoid  penalties  under Code Section 409A,
                  the Executive's  payments shall be delayed until the first day
                  of the seventh month following the Executive's Separation from
                  Service. A "Specified Employee" shall be interpreted to comply
                  with Code Section  409A and shall mean a key  employee  within
                  the  meaning  of  Code  Section  416(i)   (without  regard  to
                  paragraph 5 thereof)."

      Section 6. Amendment to Section 3(b) of the Agreement. Section 3(b) of the
Agreement  is hereby  amended to amend and restate the last  sentence of Section
3(b) to read in its entirety as follows:

            "The   allocation  of  the  reduction   required  hereby  among  the
            Termination  Benefits provided by this Section 3 shall be determined
            by the  Executive,  provided  however that if it is determined  that
            such election by the Executive shall be in

                                       2
<PAGE>

            violation of Code Section 409A, the cash severance  payable pursuant
            to Section 3 hereof shall be reduced by the minimum amount necessary
            to result in no  portion of  payments  and  benefits  payable to the
            Association under Section 3 being  non-deductible to the Association
            pursuant  to  Section  280G of the Code and  subject  to excise  tax
            imposed under Section 4999 of the Code."

      Section 7.  Amendment  to Section 13 of the  Agreement.  Section 13 of the
Agreement is hereby amended to add the following sentence immediately at the end
thereof:

      "Such  payment  or  reimbursement  shall be made to  Executive  as soon as
practicable  but not  later  than  March  15 of the  calendar  year  immediately
following the year in which such expenses were incurred by Executive."

      Section 8.  Effectiveness.  This Amendment shall be deemed effective as of
the date first above written,  as if executed on such date.  Except as expressly
set forth herein,  this Amendment  shall not by implication or otherwise  alter,
modify,  amend or in any way affect any of the terms,  conditions,  obligations,
covenants or agreements  contained in the  Agreement,  all of which are ratified
and  affirmed in all  respects  and shall  continue in full force and effect and
shall be otherwise unaffected.

      Section 9. Governing  Law. This  Amendment and the rights and  obligations
hereunder  shall be governed by and construed in accordance with the laws of the
State of Connecticut,  except to the extent  preempted by the laws of the United
States of America.

      Section  10.  Compliance  with  Section  409A.  This  Agreement  shall  be
interpreted and administered consistent with Section 409A of the Code.

      IN WITNESS WHEREOF, the Association has duly executed this Amendment as of
the day and year first written above.

                                         ENFIELD FEDERAL SAVINGS AND
                                         LOAN ASSOCIATION

                                         By:   /s/ David J. O'Connor
                                               ---------------------------------
                                         Name: David J. O'Connor
                                         Title: President & CEO

                                         EXECUTIVE

                                         /s/ John Parda
                                         ---------------------------------------
                                         John Parda

                                       3Exhibit 10.16

                               FIRST AMENDMENT TO
                AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT

      First Amendment,  dated as of November 12, 2008 (the "Amendment"),  to the
Amended and Restated Change in Control Agreement,  dated as of February 12, 2007
(as amended,  the  "Agreement"),  by and among Enfield  Federal Savings and Loan
Association (the "Association") and Scott Nogles (the "Executive").  Capitalized
terms which are not defined  herein  shall have the same meaning as set forth in
the Agreement.

                              W I T N E S S E T H:

      WHEREAS,  the parties  desires to amend the  Agreement  to comply with the
final  regulations  issued in April 2007 by the Internal  Revenue  Service under
Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"); and

      WHEREAS,  pursuant to Section  8(a) of the  Agreement,  the parties to the
Agreement desire to amend the Agreement;

      NOW,  THEREFORE,  in consideration of the premises,  the mutual agreements
herein set forth and such other consideration the sufficiency of which is hereby
acknowledged,  the Association and the Executive  hereby amends the Agreement as
follows:

      Section 1. References to Enfield Federal Savings and Loan Association. All
references  to Enfield  Federal  Savings and Loan  Association  in the Agreement
shall include any successor to the Association.

      Section 2. Amendment to Section 2(a) of the Agreement. Section 2(a) of the
Agreement  is hereby  amended to add the  following  immediately  after  Section
2(a)(v):

            "provided,  however, that prior to any termination of employment for
            Good Reason,  the Executive must first provide written notice to the
            Association  (or its successor in interest)  within ninety (90) days
            following the initial  existence of the  condition,  describing  the
            existence of such condition,  and the Association  shall  thereafter
            have the right to remedy the  condition  within  thirty (30) days of
            the  date the  Association  received  the  written  notice  from the
            Executive.  If the  Association  remedies the condition  within such
            thirty (30) day cure period,  then no Good Reason shall be deemed to
            exist with respect to such condition.  If the  Association  does not
            remedy the condition  within such thirty (30) day cure period,  then
            the Executive may deliver a Notice of Termination for Good Reason at
            any time within sixty (60) days  following  the  expiration  of such
            cure period."

      Section 3. Amendment to Section 2(b) of the Agreement. Section 2(b) of the
Agreement  is hereby  amended to add the  following  immediately  after  Section
2(b)(iv):

      "Notwithstanding  anything in this Agreement to the contrary,  a merger or
combination of the  Association  with or into Valley Bank or any other affiliate
of the Company or a similar

<PAGE>

merger or combination of the Association into Valley
Bank or any of its  affiliates,  or any other type of  corporate  reorganization
involving  the  Association  or any other  affiliate  of the  Company  shall not
constitute a Change in Control for purposes of this Agreement."

         Section  4.  New  Section  2(d)  of  the  Agreement.  Section  2 of the
Agreement is hereby amended to add a new Section 2(d) to read in its entirety as
follows:

            "(d) For purposes of this Agreement,  any termination of Executive's
            employment shall be construed to require a "Separation from Service"
            in accordance with Code Section 409A and the regulations promulgated
            thereunder,  such  that the  Association  and  Executive  reasonably
            anticipate  that the level of bona  fide  services  Executive  would
            perform after termination of employment would  permanently  decrease
            to a level that is less than 50% of the  average  level of bona fide
            services  performed  (whether  as  an  employee  or  an  independent
            contractor)  over the immediately  preceding  thirty-six  (36)-month
            period."

      Section  5.  Amendment  to  Section  3(a)(ii)  of the  Agreement.  Section
3(a)(ii) of the Agreement is hereby amended and a new Section 3(a)(iii) is added
to read in its entirety as follows:

            "(ii) Continued  life  insurance and  non-taxable  health and dental
                  insurance  coverage which Executive  participated in as of the
                  date of the Change in  Control  (collectively,  the  "Employee
                  Benefit  Plans")  for a  period  of  twenty-four  (24)  months
                  following Executive's termination of employment. Said coverage
                  shall be  provided  under  the same  terms and  conditions  in
                  effect on the date of  Executive's  termination of employment.
                  To the  extent  that  benefits  required  under  this  Section
                  3(a)(ii) cannot be provided under the terms of any Association
                  health  and  welfare  plans,  the  Association  shall  pay the
                  Executive  the value of such  benefits  in a single  cash lump
                  distribution  within  ten (10)  calendar  days  following  the
                  Executive's termination of employment; and

            (iii) Notwithstanding the foregoing, in the event the Executive is a
                  Specified  Employee (as defined herein),  then,  solely to the
                  extent  required to avoid  penalties  under Code Section 409A,
                  the Executive's  payments shall be delayed until the first day
                  of the seventh month following the Executive's Separation from
                  Service. A "Specified Employee" shall be interpreted to comply
                  with Code Section  409A and shall mean a key  employee  within
                  the  meaning  of  Code  Section  416(i)   (without  regard  to
                  paragraph 5 thereof)."

      Section 6. Amendment to Section 3(b) of the Agreement. Section 3(b) of the
Agreement  is hereby  amended to amend and restate the last  sentence of Section
3(b) to read in its entirety as follows:

      "If the payments and benefits  under Section 3 are required to be reduced,
the cash severance shall be reduced first, followed by a reduction in the fringe
benefits."

                                       2
<PAGE>

      Section 7.  Amendment  to Section 13 of the  Agreement.  Section 13 of the
Agreement is hereby amended to add the following sentence immediately at the end
thereof:

      "Such  payment  or  reimbursement  shall be made to  Executive  as soon as
practicable  but not  later  than  March  15 of the  calendar  year  immediately
following the year in which such expenses were incurred by Executive."

      Section 8.  Effectiveness.  This Amendment shall be deemed effective as of
the date first above written,  as if executed on such date.  Except as expressly
set forth herein,  this Amendment  shall not by implication or otherwise  alter,
modify,  amend or in any way affect any of the terms,  conditions,  obligations,
covenants or agreements  contained in the  Agreement,  all of which are ratified
and  affirmed in all  respects  and shall  continue in full force and effect and
shall be otherwise unaffected.

      Section 9. Governing  Law. This  Amendment and the rights and  obligations
hereunder  shall be governed by and construed in accordance with the laws of the
State of Connecticut,  except to the extent  preempted by the laws of the United
States of America.

      Section  10.  Compliance  with  Section  409A.  This  Agreement  shall  be
interpreted and administered consistent with Section 409A of the Code.

      IN WITNESS WHEREOF, the Association has duly executed this Amendment as of
the day and year first written above.

                                        ENFIELD FEDERAL SAVINGS AND
                                        LOAN ASSOCIATION

                                        By:   /s/ David J. O'Connor
                                              ----------------------------------
                                        Name: David J. O'Connor
                                        Title: President & CEO

                                        EXECUTIVE

                                        /s/ Scott Nogles
                                        ----------------------------------------
                                        Scott Nogles

                                       3

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