Document:

Director Deferred Compensation Agreement between NewMil and Anthony Rizzo, Sr.

 Exhibit 10.16 
  
 NEWMIL BANK 
  
 AMENDED DIRECTOR DEFERRED COMPENSATION AGREEMENT 
  
 THIS AMENDED DIRECTOR DEFERRED COMPENSATION AGREEMENT (this “Amended Agreement”) is made as of this 23 day of January 2002, by and
between NewMil Bank, a Connecticut-chartered, FDIC-insured savings bank located in New Milford, Connecticut (the “Bank”), and Anthony M. Rizzo, Sr. (the “Director”). 
  
 WHEREAS, on November 9, 2000 NewMil Bancorp, Inc. acquired Nutmeg
Federal Savings & Loan Association (“Nutmeg”), and Nutmeg merged with and into the Bank, with the Bank being the surviving institution (the “Merger”), 
  
 WHEREAS, the Director was a director of Nutmeg when the Merger became effective, WHEREAS, the Director has continued
to serve as a director of NewMil Bank and NewMil Bancorp, Inc. since the effective date of the Merger, 
  
 WHEREAS, Nutmeg and the Director entered into an agreement captioned “Deferred Compensation Agreement with Director” (the “Nutmeg
Deferred Compensation Agreement”), 
  
 WHEREAS,
according to the terms of the Nutmeg Deferred Compensation Agreement, (a) the Director and his designated beneficiary(ies) had no property interests or ownership rights whatsoever in any specific assets of Nutmeg as a consequence of deferral by the
Director of compensation under the Nutmeg Deferred Compensation Agreement or establishment of a deferred compensation account thereunder, (b) the deferred compensation account of the Director under the Nutmeg Deferred Compensation Agreement was
established solely as a device for the measurement and determination of benefits to be paid to the Director at the time and according to the terms specified in the Nutmeg Deferred Compensation Agreement, and (c) payment to the Director of the value
of his deferred compensation account was discretionary on the part of Nutmeg, except in the case of (x) termination of the Director’s status as a director, whether because of retirement, disability, or death, or (y) termination of the Nutmeg
Deferred Compensation Agreement, whether by mutual consent of Nutmeg and the Director, or by supervisory action taken by federal or state regulatory authorities, or by Nutmeg because of the Director’s failure to act in good faith and in the
best interests of Nutmeg, 
  
 WHEREAS, according to the
terms of the Nutmeg Deferred Compensation Agreement, the Nutmeg Deferred Compensation Agreement did not terminate as a result of the acquisition of Nutmeg and the merger of Nutmeg with and into the Bank, nor did the Director’s account
thereunder terminate or become payable in connection with the acquisition of Nutmeg and the merger of Nutmeg with and into the Bank, 
  
 WHEREAS, as a result of the Merger, the Bank assumed the liability for payment of amounts deferred by the Director under the Nutmeg Deferred
Compensation Agreement, 
  
 WHEREAS, the Director and the
Bank intend by this Amended Agreement to amend the terms of the Nutmeg Deferred Compensation Agreement in certain respects, including but not limited to providing for payment of benefits if the Director’s service terminates within 12 months
after a change in control of NewMil Bancorp, Inc., and 
  
 WHEREAS, the Bank and the Director intend that this Amended Agreement supersede and replace in its entirety the Nutmeg Deferred Compensation Agreement, and that the deferred compensation account established under the Nutmeg Deferred
Compensation Agreement shall be continued as a deferred compensation account under the terms of this Amended Agreement. 
  

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 NOW THEREFORE, in consideration of these premises and other good and valuable consideration the
receipt and sufficiency of which are hereby acknowledged, the Director and the Bank hereby agree as follows: 
  
 ARTICLE 1 
  
 DEFINITIONS 
  
 Whenever used in this Agreement, the following
words and phrases shall have the meanings specified: 
  
 1.1
“Change in Control” means if any one of the following events occurs — 
  
 (a) Merger: NewMil Bancorp, Inc. merges into or consolidates with another corporation, or merges another corporation into NewMil
Bancorp, Inc., and as a result less than a majority of the combined voting power of the resulting corporation immediately after the merger or consolidation is held by persons who were stockholders of NewMil Bancorp, Inc. immediately before the
merger or consolidation. For purposes of this Agreement, the term person means an individual, corporation, partnership, trust, association, joint venture, pool, syndicate, sole proprietorship, unincorporated organization or other entity, 

 
 (b) Acquisition of Significant Share Ownership: a
report on Schedule 13D or another form or schedule (other than Schedule 13G) is filed or is required to be filed under Sections 13(d) or 14(d) of the Securities Exchange Act of 1934, if the schedule discloses that the filing person or persons acting
in concert has or have become the beneficial owner of 25% or more of a class of NewMil Bancorp, Inc.’s voting securities, but this clause (b) shall not apply to beneficial ownership of NewMil Bancorp, Inc. voting shares held in a fiduciary
capacity by an entity of which NewMil Bancorp, Inc. directly or indirectly beneficially owns 50% or more of its outstanding voting securities, 
  
 (c) Change in Board Composition: during any period of two consecutive years, individuals who constitute NewMil Bancorp, Inc.’s
Board of Directors at the beginning of the two-year period cease for any reason to constitute at least a majority of NewMil Bancorp, Inc.’s Board of Directors; provided, however, that — for purposes of this clause (c) — each director
who is first elected by the board (or first nominated by the board for election by stockholders) by a vote of at least two-thirds (2/3) of the directors who were directors at the beginning of the period shall be deemed to have been a director at the
beginning of the two-year period, or 
  
 (d)
Sale of Assets: NewMil Bancorp, Inc. sells to a third party all or substantially all of NewMil Bancorp, Inc.’s assets. For purposes of this Agreement, sale of substantially all of NewMil Bancorp, Inc.’s assets includes sale of the
shares or assets of NewMil Bank. 
  
 1.2 “Code”
means the Internal Revenue Code of 1986, as amended. 
  
 1.3
“Compensation” means the total directors’ fees payable to the Director during a Plan Year. 
  
 1.4 “Deferral Account” means the Bank’s accounting of the Director’s accumulated Deferrals, plus accrued interest. 

 
 1.5 “Deferrals” means the amount of the Director’s
Compensation that the Director elects to defer according to this Amended Agreement, and includes all amounts deferred by the Director under the terms of the Nutmeg Deferred Compensation Agreement, liability for which has been assumed by the Bank.

  
 1.6 “Disability” means the Director’s
inability to perform substantially all normal duties of a director, as determined by the Bank’s Board of Directors in its sole discretion. As a condition to any benefits, the Bank may require the Director to submit to such physical or mental
evaluations and tests as the Board of Directors deems appropriate. 
  
 1.7 “Effective Date” means January 23, 2002. 
  
 1.8 “Election Form” means the Form attached as Exhibit 1. 
  
 1.9 “Normal Retirement Age” means the Director’s 65th
birthday. 
  
 1.10 “Normal Retirement Date” means
the later of the Normal Retirement Age or Termination of Service. 
  
 1.11 “Plan Year” means the calendar year. 
  

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 1.12 “Termination for Cause” means the Bank’s board of directors or a duly
authorized committee of the board of directors determines at any time that the Director will not be nominated by the board or committee for reelection as a director of NewMil Bancorp after the expiration of his current term, or if the Director is
removed as a director of the Bank, in either case because of the Director’s — 
  

	 	(a)	Gross negligence or gross neglect of duties, 

  

	 	(b)	Commission of a felony or commission of a misdemeanor involving moral turpitude, 

  

	 	(c)	Fraud, disloyalty or willful violation of any law or significant Bank policy, or 

  

	 	(d)	Removal from service or permanent prohibition from participation in the conduct of the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit
Insurance Act [12U.S.C. 1818(e)(4) or (g)(1)]. 

  
 1.13 “Termination of Service” means that the Director ceases to be a member for the Bank’s Board of Directors for any reason whatsoever. 
  
 ARTICLE 2 
  
 DEFERRAL ELECTION 
  
 2.1 Initial Election. The Director shall make an initial deferral election under this Amended Agreement by filing with the Bank a signed Election
Form within 30 days after the Effective Date of this Amended Agreement. The Election Form shall set forth the amount of Compensation to be deferred and shall be effective to defer Compensation earned after the date the Election Form is received by
the Bank. 
  
 2.2 Election Changes. Upon the Bank’s
approval, the Director may modify the amount of Compensation to be deferred annually by filing a new Election Form with the Bank prior to the beginning of the Plan Year in which the Compensation is to be deferred. The modified deferral election
shall not be effective until the calendar year following the year in which the subsequent Election Form is received and approved by the Bank. 
  
 ARTICLE 3 
  
 DEFERRAL ACCOUNT 
  
 3.1 Establishing and Crediting. The Bank shall establish a Deferral Account on its books for the Director and shall credit to the Deferral Account the following amounts: 
  
 3.1.1 Deferred Compensation Account Balance under the Nutmeg Deferred
Compensation Agreement. All amounts previously deferred by the Director under the terms of the Nutmeg Deferred Compensation Agreement. 
  
 3.1.2 Deferrals. The portion of the Compensation deferred by the Director as of the time the Compensation would have otherwise been paid to the
Director. 
  
 3.1.3 Interest. At the end of each Plan Year
under this Amended Agreement, but only until commencement of benefit payments under this Amended Agreement, unless otherwise stated, interest is to be credited on the account balance at an annual rate of interest for that Plan Year, compounded
monthly, equal to the monthly average yield on United States Treasury securities adjusted to a constant maturity of five years as published by the Board of Governors of the Federal Reserve System in statistical release H.15 (the “Index”).
The interest credited for a Plan Year shall be based upon the Index during the month of December for the current Plan Year. 
  
 3.2 Statement of Accounts. The Bank shall provide to the Director, within 120 days after the end of each Plan Year, a statement setting forth the Deferral
Account balance. 
  
 3.3 Accounting Device Only. The Deferral
Account is solely a device for measuring amounts to be paid under this Amended Agreement. The Deferral Account is not a trust fund of any kind. The Director is a general unsecured creditor of the Bank for the payment of benefits. The benefits
represent the mere 

  

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Bank promise to pay such benefits. The Director’s rights are not subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge,
encumbrance, attachment, or garnishment by the Director’s creditors. 
  
 ARTICLE 4 
  
 BENEFITS
DURING LIFETIME 
  
 4.1 Normal Retirement Benefit. Upon
the Normal Retirement Date, the Bank shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Amended Agreement. 
  
 4.1.1 Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at the Director’s
Normal Retirement Date. 
  
 4.1.2 Payment of Benefit. The
Bank shall pay the benefit to the Director in the form elected by the Director in the Election Form commencing with the month following the Director’s Normal Retirement Date. If the Director elects payment of the benefit as other than a lump
sum, the Bank will continue to credit interest pursuant to the formula of Section 3.1.3, compounded monthly, on the remaining account balance during any applicable installment period. 
  
 4.2 Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than
death, Change in Control or Disability, the Bank shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Amended Agreement. 
  
 4.2.1 Amount of Benefit. The benefit under this Section 4.2 is the Deferral Account balance at the Director’s
Termination of Service. 
  
 4.2.2 Payment of Benefit. The
Bank shall pay the benefit to the Director in the form elected by the Director in the Election Form commencing with the month following the Director’s Normal Retirement Age. If the Director elects payment of the benefit as other than a lump
sum, the Bank will continue to credit interest pursuant to the formula of Section 3.1.3, compounded monthly, on the remaining account balance during any applicable installment period. 
  
 4.3 Disability Benefit. If the Director terminates service due to Disability prior to Normal Retirement Age, the Bank
shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Amended Agreement. 
  
 4.3.1 Amount of Benefit. The benefit under this Section 4.3 is the Deferral Account balance at the Director’s Termination of Service.

  
 4.3.2 Payment of Benefit. The Bank shall pay the
benefit to the Director in the form elected by the Director in the Election Form commencing with the month following the Director’s Termination of Service. If the Director elects payment of the benefit as other than a lump sum, the Bank will
continue to credit interest pursuant to the formula of Section 3.1.3, compounded monthly, on the remaining account balance during any applicable installment period. 
  
 4.4 Change in Control Benefit. Upon a Change in Control, followed within twelve (12) months by the Director’s
Termination of Service for reasons other than death or Disability, the Bank shall pay to the Director the benefit described in this Section 4.4 in lieu of any other benefit under this Amended Agreement. 
  
 4.4.1 Amount of Benefit. The benefit under this Section 4.4 is the
Deferral Account balance on the Director’s Termination of Service. 
  
 4.4.2 Payment of Benefit. The Bank shall pay the benefit to the Director in a lump sum within 30 days after the Director’s Termination of Service. 
  
 4.5 Payout of Normal Retirement Benefit, Early Termination Benefit, or
Disability Benefits after a Change in Control. If a Change in Control occurs when the Director is receiving benefits provided by Sections 4.1, 4.2 or 4.3 of this Amended Agreement, the Bank shall pay the remaining benefits to the 

  

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Director in a single lump sum within three days after the Change in Control. The lump-sum payment shall be an amount equal to the Director’s Deferral
Account balance remaining unpaid. 
  
 4.6 Hardship
Distribution. Upon the Board of Director’s determination (following petition by the Director) that the Director has suffered an unforeseeable financial emergency, the Bank shall distribute to the Director all or a portion of the Deferral
Account balance as determined by the Bank. 
  
 ARTICLE 5

  
 DEATH BENEFITS 
  
 5.1 Death During Active Service. If the Director dies while in the
service of the Bank, the Bank shall pay to the Director’s beneficiary the early retirement benefit described in Section 4.2 in lieu of any other benefit under this Amended Agreement. 
  
 5.2 Death During Payment of a Benefit. If the Director dies after any benefit payments have commenced under this
Amended Agreement but before receiving all such payments, the Bank shall pay the remaining benefits to the Director’s beneficiary in a lump sum distribution. The lump sum distribution will equal the Director’s Deferral Account as of the
time of death. 
  
 5.3 Death After Termination of Service But
Before Benefit Payments Commence. If the Director is entitled to benefit payments under this Amended Agreement but dies prior to the commencement of said benefit payments, the Bank shall pay the same benefit payments to the Director’s
beneficiary that the Director was entitled to prior to death except that the benefit payments shall be paid in a lump sum distribution equal to the Director’s Deferral Account balance on the first day of the month following the date of the
Director’s death. 
  
 ARTICLE 6 
  
 BENEFICIARIES 
  
 6.1 Beneficiary Designations. The Director shall designate a
beneficiary by filing a written designation with the Bank. The Director may revoke or modify the designation at any time by filing a new designation. However, designations will only be effective if signed by the Director and received by the Bank
during the Director’s lifetime. The Director’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Director or if the Director names a spouse as beneficiary and the marriage is subsequently
dissolved. If the Director dies without a valid beneficiary designation, all payments shall be made to the Director’s estate. 
  
 6.2 Facility of Payment. If a benefit is payable to a minor, to a person declared incompetent, or to a person incapable of handling the disposition
of his or her property, the Bank may pay such benefit to the guardian, legal representative or person having the care or custody of such minor, incompetent person or incapable person. The Bank may require proof of incompetence, minority or
guardianship as it may deem appropriate prior to distribution of the benefit. Such distribution shall completely discharge the Bank from all liability with respect to such benefit. 
  
 ARTICLE 7 
  
 GENERAL LIMITATIONS 
  
 7.1 Termination for Cause. Notwithstanding any provision of this Amended Agreement to the contrary, the Bank shall not pay any benefit under this
Amended Agreement that is in excess of the Director’s Deferrals (i.e., the deferred compensation account balance under Section 3.1.1, the amount deferred under Section 3.1.2, and the interest earned on the Deferral Account) if Termination of
Service is due to the Director’s actions resulting in Termination for Cause. The Director’s Deferrals shall be paid to the Director in a manner to be determined by the Bank. No interest shall be credited to the Deferrals during any
applicable installment period. 
  

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 7.2 General. Notwithstanding anything to the contrary contained in this Amended Agreement, the
Director is entitled to only one benefit which shall be determined by the first event to occur which is dealt with by this Amended Agreement. Subsequent occurrence of events dealt with by this Amended Agreement shall not entitle the Director or his
or her beneficiaries to other or further benefits under this Amended Agreement. 
  
 7.3 Tax Consequences. The Bank does not insure or guarantee the tax consequences of payments provided hereunder for matters beyond its control, and the Director certifies that his decision to reduce and defer
receipt of his compensation is not due to any reliance upon financial, tax or legal advice given by the Bank, and of its employees, agents, accountants or legal advisors. 
  
 ARTICLE 8 
  
 CLAIMS AND REVIEW PROCEDURES 
  
 8.1 Claims Procedure. The Bank shall notify any person or entity that makes a claim for benefits under this Amended Agreement (the
“Claimant”) in writing, within 90 days of Claimant’s written application for benefits, of his or her eligibility or non-eligibility for benefits under this Amended Agreement. If the Bank determines that the Claimant is not eligible
for benefits or full benefits, the notice shall set forth (a) the specific reasons for such denial, (b) a specific reference to the provisions of this Amended Agreement on which the denial is based, (c) a description of any additional information or
material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (d) an explanation of this Amended Agreement’s claims review procedure and other appropriate information as to the steps to be taken if
the Claimant wishes to have the claim reviewed. If the Bank determines that there are special circumstances requiring additional time to make a decision, the Bank shall notify the Claimant of the special circumstances and the date by which a
decision is expected to be made, and may extend the time for up to an additional 90 days. 
  
 8.2 Review Procedure. If the Claimant is determined by the Bank not to be eligible for benefits, or if the Claimant believes that he or she is entitled to greater or different benefits, the Claimant shall have
the opportunity to have such claim reviewed by the Bank by filing a petition for review with the Bank within 60 days after receipt of the notice issued by the Bank. Said petition shall state the specific reasons, which the Claimant believes entitle
him or her to benefits or to greater or different benefits. Within 60 days after receipt by the Bank of the petition, the Bank shall afford the Claimant (and counsel, if any) an opportunity to present his or her position to the Bank verbally or in
writing, and the Claimant (or counsel) shall have the right to review the pertinent documents. The Bank shall notify the Claimant of its decision in writing within the 60-day period, stating specifically the basis of its decision, written in a
manner to be understood by the Claimant and the specific provisions of this Amended Agreement on which the decision is based. If, because of the need for a hearing, the 60-day period is not sufficient, the decision may be deferred for up to another
60 days at the election of the Bank, but notice of this deferral shall be given to the Claimant. 
  
 ARTICLE 9 
  
 AMENDMENTS AND TERMINATION 
  
 This Amended
Agreement may be amended or terminated only by a written agreement signed by the Bank and the Director. In no event shall this Amended Agreement be terminated without payment to the Director of the Deferral Account balance attributable to the
Director’s Deferrals and interest credited on such amounts unless the Agreement terminates as a result of Termination for Cause in which event the Director forfeits the interest credited on the Director’s Deferrals. 
  
 Notwithstanding the previous paragraph in this Article 9, the Bank may amend
or terminate this Amended Agreement at any time if, pursuant to legislative, judicial or regulatory action, continuation of this Amended Agreement would (a) cause benefits to be taxable to the Director prior to actual receipt, or (b) result in
significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits). In no event shall this Amended Agreement be terminated 

  

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under this paragraph without payment to the Director of the Deferral Account balance attributable to the Director’s Deferrals and interest credited on
such amounts. 
  
 ARTICLE 10 
  
 MISCELLANEOUS 
  
 10.1 Binding Effect. This Amended Agreement shall bind the Director
and the Bank and their beneficiaries, survivors, executors, administrators and transferees. 
  
 10.2 No Guarantee of Employment. This Amended Agreement is not a contract for services. It does not give the Director the right to remain a director of the Bank, nor does it interfere with shareholders’
right to replace the Director. It also does not require the Director to remain an director nor interfere with the Director’s right to terminate services at any time. 
  
 10.3 Non-Transferability. Benefits under this Amended Agreement cannot be sold, transferred, assigned, pledged,
attached or encumbered in any manner. 
  
 10.4 Tax
Withholding. The Bank shall withhold any taxes that are required to be withheld from the benefits provided under this Amended Agreement. 
  
 10.5 Applicable Law. This Amended Agreement and all rights hereunder shall be governed by the laws of Connecticut, except to the extent the laws of
the United States of America otherwise require. 
  
 10.6
Unfunded Arrangement. The Director and the Director’s beneficiary are general unsecured creditors of the Bank for the payment of benefits under this Amended Agreement. The benefits represent the mere promise by the Bank to pay such
benefits. The rights to benefits are not subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment, or garnishment by creditors. Any insurance on the Director’s life is a general asset of the
Bank to which the Director and the Director’s beneficiary have no preferred or secured claim. 
  
 10.7 Reorganization. The Bank shall not merge or consolidate into or with another Bank, or reorganize, or sell substantially all of its assets to
another Bank, firm, or person unless such succeeding or continuing Bank, firm, or person agrees to assume and discharge the obligations of the Bank under this Amended Agreement. Upon the occurrence of such event, the term “Bank” as used in
this Amended Agreement shall be deemed to refer to the successor or survivor Bank. 
  
 10.8 Entire Agreement. This Amended Agreement constitutes the entire agreement between the Bank and the Director as to the subject matter hereof. No rights are granted to the Director under this Amended
Agreement other than those specifically set forth herein. This Amended Agreement supersedes and replaces in its entirety the Deferred Compensation Agreement with Director dated between the Director and the Bank, as successor to Nutmeg. 

 
 10.9 Administration. The Bank shall have powers which are necessary
to administer this Amended Agreement, including but not limited to — 
  

	 	(a)	interpreting the provisions of this Amended Agreement, 

  

	 	(b)	establishing and revising the method of accounting for this Amended Agreement, 

  

	 	(c)	maintaining a record of benefit payments, and 

  

	 	(d)	establishing rules and prescribing any forms necessary or desirable to administer this Amended Agreement. 

  
 10.10 Named Fiduciary. The Bank shall be the named fiduciary and plan administrator under this Amended Agreement. The
named fiduciary may delegate to others certain aspects of the management and operation responsibilities of the plan including the employment of advisors and the delegation of ministerial duties to qualified individuals. 
  

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 IN WITNESS WHEREOF, the Director and a duly authorized Bank officer have executed this Amended
Agreement as of the day and year first written above. 
  

									
	 	 	DIRECTOR:	 	 	 	NEWMIL BANK:
					
	 	 	 	 	 	 	By:	 	 
	 	 	
	 	 	 	 	 	

	 	 	Anthony M. Rizzo, Sr.	 	 	 	 	 	Francis J. Wiatr
	 	 	 	 	 	 	 Its:
	 	Chairman, President & CEO

  

 8 

 Exhibit 1 
  

NEWMIL BANK 
  
 AMENDED DIRECTOR DEFERRED COMPENSATION AGREEMENT 
  
 Deferral Election 
  
 I elect to defer my Compensation under this Amended Agreement with the Bank, as follows: 
  

			
	 Amount of Deferral

	  	 Duration

	 [Initial and Complete one]
              I elect to defer
        % of my Compensation annually.
              I elect to defer $                 of my Compensation
annually.
              I elect not to defer any
of my Compensation.
	  	 [Initial One]
              One Year only
              For
             [Insert Number] Years
              Until Termination of Service
              Until                     ,
                                    
 (date)

  
 Form of Benefit

  
 I elect to receive benefits under the Amended Director
Deferred Compensation Agreement in the following form: 
  
 [Initial One] 
  
              Lump Sum 
  
              Equal monthly installments for One Hundred Twenty (120) months 

 
 I understand that I may not change the form of benefit elected, even if I
later change the amount of my deferrals under the Amended Director Deferred Compensation Agreement without written approval of the Board of Directors of the Bank. 
  
 Upon the Bank’s approval, I understand that I may change the amount and duration of my deferrals by filing a new
election form with the Bank; provided, however, that any subsequent election will not be effective until the calendar year following the year in which the new election is received by the Bank. 
  

			
	 Signature:
	 	 
	 	 	

	 Date:
	 	 
	 	 	

  
 Received by the Bank this 23 day of
January 2002. 
  

			
	 By:
	 	 
	 	 	

	 Title:
	 	 
	 	 	

  

 9 

 Beneficiary Designation 
  
 NEWMIL BANK 
  
 AMENDED DIRECTOR DEFERRED COMPENSATION AGREEMENT 
  
 I designate the following as beneficiary of benefits under this Amended Director Deferred Compensation Agreement payable following my death: 

 
 Primary:      
________________________________________________________________________ 
  
 Contingent:  ________________________________________________________________________ 
  

	Note: 	To name a trust as beneficiary, please provide the name of the trustee(s) and the exact name and date of the trust agreement. 

  
 I understand that I may change these beneficiary designations by filing a new
written designation with the Bank. I further understand that the designations will be automatically revoked if the beneficiary predeceases me, or, if I have named my spouse as beneficiary and our marriage is subsequently dissolved. 
  

			
	 Signature:
	 	 
	 	 	

	 Date:
	 	 
	 	 	

  
 Received by the Bank this 23 day of
January 2002. 
  

			
	 By:
	 	 
	 	 	

	 Title:
	 	 
	 	 	

  

 10Change of Control Agreement between NewMil Bancorp and John Baker

 Exhibit 10.17 
  
 CHANGE IN CONTROL AGREEMENT 
  

This Change in Control Agreement (the “Agreement”) is entered into as of this 1st day of January, 2002, by and between NewMil Bancorp, Inc., a Delaware corporation (hereafter “NewMil Bancorp”), and John A. Baker (the
“Executive”). 
  
 WHEREAS, the Executive is employed by NewMil Bank, a Connecticut-chartered, FDIC-insured savings bank and subsidiary of NewMil Bancorp, and the Executive has made and is expected to continue to make
major contributions to the profitability, growth, and financial strength of NewMil Bancorp and its subsidiaries, 
  
 WHEREAS, NewMil Bancorp recognizes that, as is the case for most companies, the possibility of a Change in Control
(as defined in Section 1(c)) exists, 
  
 WHEREAS, NewMil Bancorp desires to assure itself of the current and future continuity of management and desires to establish minimum severance benefits for certain of its officers, including the
Executive, if a Change in Control occurs, 
  
 WHEREAS, NewMil Bancorp wishes to ensure that officers and other key employees are not practically disabled from discharging their duties if a proposed or actual transaction involving a Change in Control
arises, 
  
 WHEREAS, NewMil
Bancorp desires to provide additional inducement for the Executive to continue to remain in the ongoing employ of NewMil Bancorp and subsidiary, 
  
 WHEREAS, none of the conditions or events included in the definition of the term “golden parachute payment”
that is set forth in §18(k)(4)(A)(ii) of the Federal Deposit Insurance Act [12 U.S.C. 1828(k)(4)(A)(ii)] and in Federal Deposit Insurance Corporation Rule 359.1(f)(1)(ii) [12 CFR 359.1(f)(1)(ii)] exists or, to the best knowledge of NewMil
Bancorp, is contemplated insofar as either of NewMil Bancorp or any of its subsidiaries is concerned, and 
  
 WHEREAS, the Executive and NewMil Bank entered into a Change in Control Agreement in April, 2001, which the Executive
is willing to terminate in consideration of this Change in Control Agreement becoming effective. 
  
 NOW THEREFORE, in consideration of these premises and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
  

	1.	CHANGE IN CONTROL COMBINED WITH EMPLOYMENT TERMINATION

  
 (a) Termination of Executive Within Two
Years After a Change in Control. If a Change in Control occurs during the term of this Agreement and if either of the following occurs, the Executive shall be entitled to severance and termination benefits specified in Section 2 of this
Agreement — 
  

	 	1)	Termination by NewMil Bancorp or Subsidiary: the Executive’s employment with NewMil Bancorp or its Subsidiary(ies) is involuntarily terminated within two years after a
Change in Control, except for termination under Section 4 of this Agreement. For purposes of this Agreement, “Subsidiary” means an entity in which NewMil Bancorp directly or indirectly beneficially owns 50% or more of the outstanding
voting securities, or 

  

	 	2)	Termination by the Executive for Good Reason: the Executive terminates his employment with NewMil Bancorp or Subsidiary(ies) for Good Reason (as defined in Section 3) within
two years after a Change in Control. 

  

 If the Executive is removed from office or if his employment terminates after discussions with a third
party regarding a Change in Control commence, and if those discussions ultimately conclude with a Change in Control, then for purposes of this Agreement the removal of the Executive or termination of his employment shall be deemed to have occurred
after the Change in Control. 
  
 (b) [Intentionally Left Blank]

  
 (c) Definition of Change in Control. For
purposes of this Agreement, “Change in Control” means any of the following events occur — 
  

	 	1)	Merger: NewMil Bancorp merges into or consolidates with another corporation, or merges another corporation into NewMil Bancorp, and as a result less than 50% of the combined
voting power of the resulting corporation immediately after the merger or consolidation is held by persons who were the holders of NewMil Bancorp’s voting securities immediately before the merger or consolidation. For purposes of this
Agreement, the term person means an individual, corporation, partnership, trust, association, joint venture, pool, syndicate, sole proprietorship, unincorporated organization or other entity, or 

  

	 	2)	Acquisition of Significant Share Ownership: a report on Schedule 13D, Schedule TO, or another form or schedule (other than Schedule 13G), is filed or is required to be filed
under Sections 13(d) or 14(d) of the Securities Exchange Act of 1934, if the schedule discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of NewMil Bancorp’s voting
securities (but this clause (2) shall not apply to beneficial ownership of voting shares held by a Subsidiary in a fiduciary capacity), or 

  

	 	3)	Change in Board Composition: during any period of two consecutive years, individuals who constitute NewMil Bancorp’s board of directors at the beginning of the two-year
period cease for any reason to constitute at least a majority thereof; provided, however, that — for purposes of this clause (3) — each director who is first elected by the board (or first nominated by the board for election by
stockholders) by a vote of at least two-thirds ( 2/3) of the directors who were directors at the beginning of the
period shall be deemed to have been a director at the beginning of the two-year period, or 

  

	 	4)	Sale of Assets: NewMil Bancorp sells to a third party substantially all of NewMil Bancorp’s assets. For purposes of this Agreement, sale of substantially all of NewMil
Bancorp’s assets includes sale of the shares or assets of NewMil Bank. 

  

	2.	SEVERANCE AND TERMINATION BENEFITS 

  
 (a) Severance and Termination Benefits. The severance and
termination benefits to which the Executive is entitled under Section 1 are as follows — 
  

	 	1)	 Lump Sum Payment: NewMil Bancorp shall make a lump sum payment to the Executive in an amount in cash equal to the Executive’s annual compensation. For
purposes of this Agreement, annual compensation means (a) the Executive’s annual base salary on the date of the Change in Control or the Executive’s termination of employment, whichever amount is greater, plus (b) any bonuses or incentive
compensation earned for the calendar year immediately before the year in which the Change in Control occurred or immediately before the year in which termination of employment occurred, whichever amount is greater, regardless of when the bonus or
incentive compensation is or was paid. NewMil Bancorp recognizes that the bonus and incentive compensation earned by the Executive for a particular year’s service might be paid in the year after the calendar year in which the bonus or incentive
compensation is earned. The amount payable to the Executive hereunder shall not be reduced to account for the time value of money or discounted 

  

 2 

	 	 
to present value. The payment required under this Section 2(a)(1) is payable no later than 5 business days after the date the Executive’s employment
terminates. If the Executive terminates employment for Good Reason, the date of termination shall be the date specified by the Executive in his notice of termination. 

  

	 	2)	Benefit Plans: NewMil Bancorp shall cause the Executive to become fully vested in any qualified and non-qualified plans, programs or arrangements in which the Executive
participated if the plan, program, or arrangement does not address the effect of a change in control. NewMil Bancorp also shall contribute or cause a Subsidiary to contribute to any account of the Executive under a 401(k) plan, retirement plan, or
profit-sharing plan the matching and voluntary contributions, if any, that would have been made had the Executive’s employment not terminated before the end of the plan year. 

  

	 	3)	Outplacement Assistance: NewMil Bancorp shall pay to the Executive reasonable outplacement expenses in an amount up to $25,000, and NewMil Bancorp shall provide the Executive
with the use of office space and reasonable office support facilities, including secretarial assistance, for a period of one year after termination. 

  
 (b) No Mitigation Required. NewMil Bancorp hereby acknowledges that it will be difficult and could be
impossible (1) for the Executive to find reasonably comparable employment after his employment terminates, and (2) to measure the amount of damages the Executive suffers as a result of termination. Additionally, NewMil Bancorp acknowledges that its
general severance pay plans do not provide for mitigation, offset or reduction of any severance payment received thereunder. Accordingly, NewMil Bancorp further acknowledges that the payment of severance and termination benefits by NewMil Bancorp
under this Agreement is reasonable and will be liquidated damages, and the Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise, nor will any profits, income,
earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part of the Executive hereunder or otherwise. 
  

	3.	GOOD REASON 

  
 For purposes of this Agreement, “Good Reason” means the occurrence of any of the events or conditions without the Executive’s express
written consent — 
  
 (a) Reduction in Base
Salary: involuntary reduction in the Executive’s base salary, or 
  
 (b) Reduced Participation in Bonus, Incentive, Compensation, and Other Plans: involuntary reduction in the Executive’s bonus, incentive, and other compensation award opportunities under NewMil
Bancorp’s or Subsidiary(ies)’s benefit plans, unless a company-wide reduction of all officers’ award opportunities occurs simultaneously, or 
  
 (c) Participation in Benefit Plans: involuntary discontinuance of the Executive’s participation in any officer or employee benefit
plans maintained by NewMil Bancorp or Subsidiary(ies), unless such plans are discontinued by reason of law or loss of tax deductibility to NewMil Bancorp with respect to contributions to such plans, or are discontinued as a matter of policy applied
equally to all participants in such plans, or 
  
 (d)
Reduction in Responsibilities or Status: assignment to the Executive of duties or responsibilities that are materially inconsistent with the Executive’s duties and responsibilities immediately before the Change in Control; any
other action by NewMil Bancorp or its successor that results in a material reduction or material adverse change in the Executive’s position, authority, duties or responsibilities; failure to nominate the Executive as a director of NewMil
Bancorp if the Executive shall have been a director immediately before the Change in Control; or failure to elect or reelect the Executive or cause the Executive to be elected or reelected to the board of directors of NewMil Bank if the Executive
shall have been a director immediately before the Change in Control, or 
  

 3 

 (e) Failure to Obtain Assumption Agreement: failure to obtain an assumption of NewMil
Bancorp’s obligations under this Agreement by any successor to NewMil Bancorp, regardless of whether such entity becomes a successor to NewMil Bancorp as a result of a merger, consolidation, sale of assets, or other form of reorganization, or

  
 (f) Material Breach: a material breach of this
Agreement by NewMil Bancorp that is not corrected within a reasonable time, or 
  
 (g) Relocation of the Executive: relocation of NewMil Bancorp’s principal executive offices, or requiring the Executive to change his principal work location, to any location that is more than 15
miles from the location of NewMil Bancorp’s principal executive offices on the date of this Agreement. 
  

	4.	TERMINATION FOR WHICH NO SEVERANCE OR TERMINATION BENEFITS
ARE PAYABLE 

  
 (a) No Severance for Termination for Cause. Anything in this Agreement to the contrary notwithstanding, under no circumstance shall the Executive be entitled to severance or termination benefits if his
employment terminates for Cause. 
  

	 	1)	Cause Means Commission of Any of the Following Acts: For purposes of this Agreement, “Cause” means the Executive shall have committed any of the following acts
— 

  

	 	a)	Fraud, Embezzlement, Theft or Other Crime: an act of fraud, embezzlement, or theft in connection with his duties or in the course of his employment with NewMil Bancorp or a
Subsidiary, or commission of a felony or commission of a misdemeanor involving moral turpitude, or 

  

	 	b)	Damage to Property: intentional wrongful damage to the business or property of NewMil Bancorp or Subsidiary(ies), which, in NewMil Bancorp’s sole judgment, causes
material harm to NewMil Bancorp or Subsidiary(ies), or 

  

	 	c)	Negligence and Other Actions: gross negligence, insubordination, disloyalty, or dishonesty in the performance of his duties as an officer of NewMil Bancorp or
Subsidiary(ies), or 

  

	 	d)	Violation of Law or Policy: intentional violation of any law or significant policy of NewMil Bancorp or Subsidiary(ies) committed in connection with the Executive’s
employment, which, in NewMil Bancorp’s sole judgment, has an adverse effect on NewMil Bancorp or Subsidiary(ies), or 

  

	 	e)	Removal: removal of the Executive from office or permanent prohibition of the Executive from participating in the conduct of NewMil Bank’s affairs by an order issued
under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), or 

  

	 	f)	Disclosure of Trade Secrets: intentional wrongful disclosure of secret processes or confidential information of NewMil Bancorp or a Subsidiary, which, in NewMil
Bancorp’s sole judgment, causes material harm to NewMil Bancorp or the Subsidiary, 

  

	 	g)	 Competing with NewMil Bancorp: intentional wrongful engagement in any competitive activity. For purposes of this Agreement, competitive activity means the
Executive’s participation, without the written consent of a senior executive officer of NewMil Bancorp, in the management of any business enterprise if (1) the enterprise engages in substantial and direct competition with NewMil Bancorp, (2)
the enterprise’s revenues 

  

 4 

	 	 
derived from any product or service competitive with any product or service of NewMil Bancorp or Subsidiary(ies) amounted to 10% or more of the
enterprise’s revenues for its most recently completed fiscal year, and (3) NewMil Bancorp’s revenues from the product or service amounted to 10% of NewMil Bancorp’s revenues for its most recently completed fiscal year. A competitive
activity does not include mere ownership of securities in an enterprise and the exercise of rights appurtenant thereto, provided the Executive’s share ownership does not give him practical or legal control of the enterprise. For this purpose,
ownership of less than 5% of the enterprise’s outstanding voting securities shall conclusively be presumed to be insufficient for practical or legal control, and ownership of more than 50% shall conclusively be presumed to constitute practical
and legal control. 

  
 If the
Executive is now or hereafter becomes subject to an agreement not to compete with NewMil Bancorp or Subsidiary(ies), a breach by the Executive of that other non-competition agreement shall be grounds for denial of severance and termination benefits
for Cause under this clause (g) of Section 4(a)(1). But if the Executive engages in a competitive activity under circumstances justifying denial of severance or termination benefits for Cause under this clause (g), that shall not necessarily be
grounds for concluding that the Executive has also breached the other non-competition agreement to which he is or may become subject. This clause (g) is not intended to and shall not be construed to supersede or amend any provision of an employment
or non-competition agreement to which the Executive is or may become subject. This clause (g) does not grant to the Executive any right or privilege to engage in other activities or enterprises, whether in competition with NewMil Bancorp or
otherwise, or 
  

	 	h)	Termination for Cause under an Employment Agreement: any actions that have caused the Executive to be terminated for cause under any employment agreement existing on the date
hereof or hereafter entered into between the Executive and NewMil Bancorp or a Subsidiary. 

  

	 	2)	Definition of “Intentional”: For purposes of this Agreement, no act or failure to act on the part of the Executive shall be deemed to have been
intentional if it was due primarily to an error in judgment or negligence. An act or failure to act on the Executive’s part shall be considered intentional if it is not in good faith and if it is without a reasonable belief that the action or
failure to act is in the best interests of NewMil Bancorp or a Subsidiary. 

  

	 	3)	Termination for Cause Can Occur Solely by Formal Board Action. The Executive shall not be deemed under this Agreement to have been terminated for Cause unless and until there
shall have been delivered to the Executive a copy of a resolution duly adopted by the affirmative vote of at least three-fourths ( 3/4) of the directors of NewMil Bancorp then in office at a meeting of the board of directors called and held for such purpose, which resolution shall (a) contain findings that, in the good faith opinion of the board, the
Executive has committed an act constituting Cause and (b) specify the particulars thereof in detail. Notice of that meeting and the proposed determination of Cause shall be given to the Executive a reasonable amount of time before the board’s
meeting. The Executive and his counsel (if the Executive chooses to have counsel present) shall have a reasonable opportunity to be heard by the board at the meeting. Nothing in this Agreement limits the Executive’s or his beneficiaries’
right to contest the validity or propriety of the board’s determination of Cause, and they shall have the right to contest the validity or propriety of the board’s determination of Cause even if that right does not exist under any
employment agreement of the Executive. 

  

 5 

 (b) No Severance under this Agreement for the Executive’s Death or
Disability. Anything in this Agreement to the contrary notwithstanding, under no circumstance shall the Executive be entitled to severance payments or termination benefits under this Agreement if — 
  

	 	1)	Death: the Executive dies while actively employed by NewMil Bancorp or a Subsidiary, or 

  

	 	2)	Disability: the Executive becomes totally disabled while actively employed by NewMil Bancorp or a Subsidiary. For purposes of this Agreement, the term “totally
disabled” means that because of injury or sickness, the Executive is unable to perform his duties. 

  
 The benefits, if any, payable to the Executive or his beneficiary(ies) or estate relating to his death or disability shall be determined solely by such
benefit plans or arrangements as NewMil Bancorp or Subsidiary may have with the Executive relating to death or disability, not by this Agreement. 
  

	5.	TERM OF AGREEMENT 

  
 The initial term of this Agreement shall be for a period of three years, commencing January 1, 2002. On the first
anniversary of the January 1, 2002 effective date of this Agreement, and on each anniversary thereafter, this Agreement shall be extended automatically for one additional year unless NewMil Bancorp’s board of directors gives notice to the
Executive in writing at least 90 days before the anniversary that the term of this Agreement will not be extended. If the board of directors determines not to extend the term, it shall promptly notify the Executive. References herein to the term of
this Agreement mean the initial term and extensions of the initial term. Unless terminated earlier, this Agreement shall terminate when the Executive reaches age 65. If the board of directors decides not to extend the term of this Agreement, this
Agreement shall nevertheless remain in force until its term expires. The board’s decision not to extend the term of this Agreement shall not — by itself — give the Executive any rights under this Agreement to claim an adverse change
in his position, compensation or circumstances or otherwise to claim entitlement to severance or termination benefits under this Agreement. 
  

	6.	THIS AGREEMENT IS NOT AN EMPLOYMENT CONTRACT

  
 The parties hereto acknowledge and agree that
(a) this Agreement is not a management or employment agreement and (b) nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by NewMil Bancorp or any Subsidiary or successor of NewMil
Bancorp, nor shall it give NewMil Bancorp any rights or impose any obligations for the continued performance of duties by the Executive for NewMil Bancorp or any Subsidiary or successor of NewMil Bancorp. 
  

	7.	WITHHOLDING OF TAXES 

  
 NewMil Bancorp may withhold from any benefits payable under this Agreement all Federal, state, local or other taxes as may
be required by law, governmental regulation or ruling. 
  

	8.	SUCCESSORS AND ASSIGNS 

  
 (a) This Agreement Is Binding on NewMil Bancorp’s Successors. This Agreement shall be
binding upon NewMil Bancorp and any successor to NewMil Bancorp, including any persons acquiring directly or indirectly all or substantially all of the business or assets of NewMil Bancorp by purchase, merger, consolidation, reorganization, or
otherwise. Any such successor shall thereafter be deemed to be “NewMil Bancorp” for purposes of this Agreement. But this Agreement and NewMil Bancorp’s obligations under this Agreement are not otherwise assignable, transferable or
delegable by NewMil Bancorp. By agreement in form and substance satisfactory to the Executive, NewMil Bancorp shall require any successor to all or substantially all of the business or assets of NewMil Bancorp expressly to assume and agree to
perform this Agreement in the same manner and to the same extent NewMil Bancorp would be required to perform if no such succession had occurred. 
  

 6 

 (b) This Agreement Is Enforceable by the Executive and His Heirs. This Agreement will inure
to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributes and legatees. 
  
 (c) This Agreement Is Personal in Nature and Is Not Assignable. This Agreement is personal in nature. Without
written consent of the other party, neither party shall assign, transfer, or delegate this Agreement or any rights or obligations under this Agreement except as expressly provided in this Section 8. Without limiting the generality or effect of the
foregoing, the Executive’s right to receive payments hereunder is not assignable or transferable, whether by pledge, creation of a security interest, or otherwise, except for a transfer by Executive’s will or by the laws of descent and
distribution. If the Executive attempts an assignment or transfer that is contrary to this Section 8, NewMil Bancorp shall have no liability to pay any amount to the assignee or transferee. 
  

	9.	NOTICES 

  
 All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given if delivered by hand or
mailed, certified or registered mail, return receipt requested, with postage prepaid to the following addresses or to such other address as either party may designate by like notice. 
  

			
	(a) If to NewMil Bancorp, to:	  	NewMil Bancorp, Inc.
	 	  	19 Main Street
	 	  	P.O. Box 600
	 	  	New Milford, Connecticut 06776
	 	  	         Attn: Corporate Secretary

		
	(b) If to the Executive, to:	  	John A. Baker
	 	  	19 Main Street
	 	  	P.O. Box 600
	 	  	New Milford, Connecticut 06776

  
 and to such other or additional person
or persons as either party shall have designated to the other party in writing by like notice. 
  

	10.	CAPTIONS AND COUNTERPARTS 

  
 The headings and subheadings used in this Agreement are included solely for convenience and shall not affect the
interpretation of this Agreement. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same agreement. 
  

	11.	AMENDMENTS AND WAIVERS 

  
 No provision of this Agreement may be modified, waived or discharged unless such waiver, modification, or discharge is
agreed to in a writing or writings signed by the Executive and by NewMil Bancorp. No waiver by either party hereto at any time of any breach by the other party hereto or compliance with any condition or provision of this Agreement to be performed by
such other party will be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or representations, oral or otherwise, expressed or implied with respect to the subject matter
hereof have been made by either party that are not set forth expressly in this Agreement. 
  

 7 

	12.	SEVERABILITY 

  
 The provisions of this Agreement shall be deemed severable. The invalidity or unenforceability of any provision shall not affect the validity or
enforceability of the other provisions of this Agreement. Any provision held to be invalid or unenforceable shall be reformed to the extent (and only to the extent) necessary to make it valid and enforceable. 
  

	13.	GOVERNING LAW 

  
 The validity, interpretation, construction and performance of this Agreement shall be governed by and construed in accordance with the substantive laws of
the State of Connecticut, without giving effect to the principles of conflict of laws of such State. 
  

	14.	ENTIRE AGREEMENT 

  
 This Agreement constitutes the entire agreement between NewMil Bancorp and the Executive concerning the subject matter hereof. No rights are granted to
the Executive under this Agreement other than those specifically set forth herein. This Agreement supersedes and replaces in its entirety the Change in Control Agreement between the Executive and NewMil Bank. 
  
 IN WITNESS
WHEREOF, the parties have executed this Agreement as of the day and year first written above. 
  

									
	WITNESSES:	 	 	 	NEWMIL BANCORP, INC.
				
	 	 	 	 	By:	 	 
	
	 	 	 	 	 	

	 	 	 	 	 	 	 	 	Francis J. Wiatr
	 	 	 	 	 Its:
	 	Chairman, President and Chief Executive Officer
	
	 	 	 	 	 	 

  

									
	WITNESSES:	 	 	 	EXECUTIVE
				
	 	 	 	 	 	 	 
	
	 	 	 	

	 	 	 	 	 	 	John A. Baker
	 	 	 	 	 	 	 
	
	 	 	 	 	 	 

  

			
	County of Litchfield	  	)
	 	  	) ss:
	State of Connecticut	  	)

  
 Before me this
                     day of
                    , 2002, personally appeared the above named Francis J. Wiatr and John A. Baker, who acknowledged that they did sign
the foregoing instrument and that the same was their free act and deed. 
  

					
			
	  	 	 	 	  
	 	 	 	 	

	 (Notary Seal)
	 	 	 	 Notary Public

	 	 	 	 	 My Commission Expires:

  

 8

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