Common use of Termination of Merger Clause in Contracts

Termination of Merger. In the event of termination of the Merger Agreement, the Exchange Agent will promptly return certificates representing shares of Provident Bancorp, Inc. common stock after being notified of such termination by NB Bancorp, Inc. or Provident Bancorp, Inc. In such event, shares of Provident Bancorp, Inc. common stock held through nominees are expected to be available for sale or transfer promptly following the termination of the Merger Agreement. Certificates representing shares of Provident Bancorp, Inc. common stock held directly by Provident Bancorp, Inc. shareholders will be returned by registered mail.

Termination of Merger. In the event of termination of the Merger Agreement, the Exchange Agent will promptly return certificates representing shares of Provident HarborOne Bancorp, Inc. common stock after being notified of such termination by NB BancorpEastern Bankshares, Inc. or Provident HarborOne Bancorp, Inc. In such event, shares of Provident HarborOne Bancorp, Inc. common stock held through nominees are expected to be available for sale or transfer promptly following the termination of the Merger Agreement. Certificates representing shares of Provident HarborOne Bancorp, Inc. common stock held directly by Provident HarborOne Bancorp, Inc. shareholders will be returned by registered mail.