ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENT OF CERTAIN
OFFICERS
The Governance Principles of Independent Bank Corp. (the "Company") provide that
Directors will be ineligible to serve on the Board once they attain the age of
72 and that Directors who reach that age during their elected term shall retire
from the Board upon reaching the age of 72.
Frederick Taw, who has served as a Director of Rockland Trust Company ("Rockland
Trust") and Independent Bank Corp. (the "Company") since 2015, will retire from
the Board of Directors, effective June 8, 2022, in accordance with the Company's
Governance Principles as Mr. Taw reaches the age of 72. Mr. Taw previously
served as a Director of Peoples Federal Bancshares, Inc. until February 2015,
when it was merged with and into the Company.
In connection with Mr. Taw's retirement, the size of the Board of Directors of
both Rockland Trust and the Company will decrease from fifteen to fourteen and
the number of Class I Directors on the Company's Board of Directors will
decrease from five to four.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
d. The following exhibits are included with this Report:
Exhibit Index
Exhibit # Exhibit Description
101 The instance document does not appear in the interactive data file because
its XBRL tags are embedded within the inline XBRL document.
104 Cover page interactive data file (formatted as inline XBRL and contained
in Exhibit 101).
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