First Connecticut Bancorp, Inc. Watch

from S-1/A 43 pages First Connecticut Bancorp, Inc. (A Maryland Corporation) 14,950,000 Shares of Common Stock (Subject to Increase to Up to 17,192,500 Shares) Common Stock ($0.01 Par Value Per Share) Subscription Price $10.00 Per Share Agency Agreement , 2011

from S-1 11 pages This Letter Confirms the Engagement of Keefe, Bruyette & Woods, Inc. (“Kbw”) to Act as the Exclusive Financial Advisor to Farmington Bank (The “Bank”) in Connection With the Bank’s Proposed Conversion From the Mutual to Stock Form of Organization Pursuant to the Bank’s Plan of Conversion (The “Conversion”), Including the Offer and Sale of the Common Stock (The “Common Stock”) of a Holding Company (The “Holding Company”) to Be Formed by the Bank to the Bank’s Eligible Account Holders in a Subscription Offering, With Any Remaining Shares Offered to the General Public in a Direct Community Offering And, Possibly, a Syndicated Community Offering (The Subscription Offering, Direct Community Offering, and Any Syndicated Community Offering Are Collectively Referred to Herein as the “Offerings”). in Addition, Kbw Will Act as Conversion Agent in Connection With the Offerings Pursuant to the Terms of a Separate Agreement Between the Bank and Kbw. the Bank and the Holding Company Are Collectively Referred to Herein as the “Company”. This Letter Sets Forth the Terms and Conditions of Our Engagement. 1. Advisory/Offering Services