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PLAN TERMINATION
12 Months Ended
Dec. 31, 2025
Needham Bank 401(k) Plan  
PLAN TERMINATION  
PLAN TERMINATION

8.PLAN TERMINATION

Although it has not expressed any intent to do so, the Bank has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants would become 100% vested in their employer discretionary contributions.