WALDEN FEDERAL SAVINGS AND LOAN ASSOCIATION
CHANGE IN CONTROL AGREEMENT
This AGREEMENT (“Agreement”) is hereby entered into as of June 28, 2007, by and between
WALDEN FEDERAL SAVINGS AND LOAN ASSOCIATION (the “Bank”), Judith B. Weyant
(“Executive”), and HOMETOWN BANCORP, INC. (the “Company”), the holding company of the Bank, as
WHEREAS, the Company and the Bank recognize the importance of Executive to their operations and
wish to protect Executive’s position in the event of a change in control for the period provided for in this
WHEREAS, Executive and the Boards of Directors of the Company and the Bank desire to enter into
an agreement setting forth the terms and conditions of payments due to Executive in the event of a change in
control and the related rights and obligations of each of the parties.
NOW, THEREFORE, in consideration of the promises and mutual covenants herein contained, it is
hereby agreed as follows:
1. Term of Agreement .
The term of this Agreement shall be (i) the initial term, consisting of the period commencing on
the date of this Agreement (the “Effective Date”) and ending on the date that is three (3) years after the Effective
Date, plus (ii) any and all extensions of the initial term made pursuant to this Section 1. Notwithstanding anything
in this Section 1 to the contrary, the term of the Agreement shall be fixed at one year as of the effective date of a
Change in Control.
Commencing on the first anniversary of the Effective Date and continuing each anniversary date
thereafter, the Board of Directors of the Bank (the “Board of Directors”) may extend the term of this Agreement
for an additional one (1) year period beyond the then effective expiration date, provided that Executive shall not
have given at least sixty (60) days’ written notice of Executive’s desire that the term not be extended.
Notwithstanding anything in this Section 1 to the contrary, this Agreement shall terminate (i) if