X0303 4 2010-03-17 0 0000776901 INDEPENDENT BANK CORP INDB 0001471290 Jensen Barry H 288 UNION STREET ROCKLAND MA 02370 0 1 0 0 Principal Accounting Officer Common Stock 2010-03-17 4 M 0 4050 11.9063 A 4050 I by Broker Common Stock 7000 D Common Stock 1079.803 I 401(K) Plan Incentive Stock Option (right to buy) 11.9063 2010-03-17 4 M 0 4050 0 D 2001-06-22 2010-12-20 Common Stock 4050 0 D Incentive Stock Option (right to buy) 20.125 2002-06-21 2011-12-19 Common Stock 4725 4725 D Incentive Stock Option (right to buy) 23.47 2003-06-20 2012-12-19 Common Stock 4600 4600 D Incentive Stock Option (right to buy) 30.14 2004-06-11 2013-12-11 Common Stock 3538 3538 D Incentive Stock Option (right to buy) 34.18 2005-12-15 2014-12-09 Common Stock 785 785 D Non-Qualified Stock Option (right to buy) 28.27 2008-02-14 2018-02-14 Common Stock 6000 6000 D Non-Qualified Stock Option (right to buy) 28.895 2005-12-15 2012-12-14 Common Stock 5000 5000 D Non-Qualified Stock Option (right to buy) 30.14 2004-06-11 2013-12-11 Common Stock 162 162 D Non-Qualified Stock Option (right to buy) 32.995 2008-02-15 2017-02-15 Common Stock 4000 4000 D Non-Qualified Stock Option (right to buy) 34.18 2005-12-15 2014-12-09 Common Stock 4215 4215 D Granted under the Independent Bank Corp. 1997 Employee Stock Option Plan ("1997 Plan"). 1,350 shares shall first become exercisable on 6/22/01, 1,350 shares shall first become exercisable on 1/20/02, and the remaining 1,350 shares shall first become exercisable on 1/2/03. The Option will expire on 12/20/10 unless earlier terminated in accordance with the Stock Option Agreement. Granted under the 1997 Plan. 1,575 shares shall first become exercisable on 6/21/02, 1,575 shares shall first become exercisable on 1/2/03 and the remaining 1,575 shares shall first become exercisable on 1/2/04, unless earlier terminated in accordance with the Stock Option Agreement. Granted under the 1997 Plan. 1,534 shares shall first become exercisable on 6/20/03, 1,533 shares shall first become exercisable on 1/2/04, and the remaining 1,533 shares shall first become exercisable on 1/2/05 unless earlier terminated in accordance with the Stock Option Agreement. Granted under the 1997 Plan. 1,234 shares shall first become exercisable on 6/11/04, 1,233 shares shall first become exercisable on 1/2/05, and the remaining 1,233 shares shall first become exercisable on 1/2/06, unless earlier terminated in accordance with the Stock Option Agreement. Granted under the 1997 Plan. Options immediately vested on 12/15/05, unless earlier terminated in accordance with the Stock Option Agreement. Non-Qualified Stock Options granted under the 2005 Plan. The options vest in equal installments of 1,200 shares over a five-year term beginning on 2/14/09 and thereafter on each successive anniversary date (2/14/10 - 2/14/13), unless earlier terminated in accordance with the Stock Option Agreement. Granted under the Plan. The Option immediately vests, unless earlier terminated in accordance with the Stock Option Agreement. Non-Qualified Stock Options granted under the Independent Bank Corp. 2005 Employee Stock Plan (2005 Plan). The options will vest in equal installments of 800 shares over a five-year term beginning on 2/15/08 and thereafter on each successive anniversary date (2/15/09 - 2/15/12), unless earlier terminated in accordance with the Stock Option Agreement. By: Linda M. Campion, Power of Attorney For: Barry H. Jensen 2010-03-18