X0202 4 2006-10-06 1 0000807524 NEWMIL BANCORP INC NMIL 0001255006 REED ROBERTA J P.O. BOX 600 19 MAIN STREET NEW MILFORD CT 067700600 0 1 0 0 Senior Vice President Common Stock 2006-10-06 4 D 0 8500 D 0.00 D Incentive Stock Options 18.41 2006-10-06 4 D 0 5000 22.60 D 2002-03-20 2012-03-20 Common Stock 5000.00 0.00 D Incentive Stock Options 29.35 2006-10-06 4 D 0 2500 11.65 D 2005-01-21 2014-01-21 Common Stock 2500.00 0.00 D Incentive Stock Options 29.91 2006-10-06 4 D 0 3000 11.09 D 2005-01-26 2015-01-26 Common Stock 3000.00 0.00 D Incentive Stock Options 30.27 2006-10-06 4 D 0 1000 10.73 D 2005-12-30 2015-12-30 Common Stock 1000.00 0.00 D Disposed of pursuant to the agreement and plan of merger between NewMil Bancorp, Inc. and Webster Financial Corporation (the "Merger Agreement") in exchange for .8736 share of Webster common stock with a value of $41.00 for each share of NewMil common stock, plus cash in lieu of any fractional shares. Under the terms of the 2004 Amended and Restated Stock Option and Incentive Plan of NewMil Bancorp, Inc. ("NewMil"), following the approval of the agreement and plan of merger with Webster Financial Corporation by NewMil shareholders on September 21, 2006 this option was automatically purchased by NewMil and a cash payment was made to the reporting person equal to the difference between the exercise price of the option and the merger price for the underlying NewMil common stock, valued at $41 per share. By: B. Ian McMahon by Power of Attorney 2006-10-06