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Exhibit 99.1
Nutmeg Federal Savings & Loan Association
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned shareholder of Nutmeg Federal Savings and Loan
Association hereby appoints ____________________ and ____________________, or
either of them, with full power of substitution in each, as proxies to cast all
votes which the undersigned shareholder is entitled to cast at the Special
Meeting of shareholders to be held at __________ a.m./p.m. local time, on
__________, __________, 2000, at ____________________, _________________,
Connecticut, 06____, and at any adjournments thereof, upon the following
matters. The undersigned shareholder hereby revokes any proxy or proxies
heretofore given.
This proxy will be voted as directed by the undersigned shareholder.
UNLESS CONTRARY DIRECTION IS GIVEN, THIS PROXY WILL BE VOTED: (1) TO APPROVE AND
ADOPT AN AGREEMENT AND PLAN OF MERGER, DATED AS OF MAY 30, 2000, BETWEEN AND
AMONG NEWMIL BANCORP, INC., ITS WHOLLY-OWNED SUBSIDIARY NEW MILFORD SAVINGS
BANK, AND NUTMEG FEDERAL SAVINGS AND LOAN ASSOCIATION, PURSUANT TO WHICH NUTMEG
WILL BE ACQUIRED BY NEWMIL AND MERGED INTO NEW MILFORD SAVINGS BANK, AND THE
OTHER TRANSACTIONS CONTEMPLATED BY THE AGREEMENT AND PLAN OF MERGER; AND (2) ANY
OTHER BUSINESS IN ACCORDANCE WITH THE DETERMINATION OF A MAJORITY OF THE NUTMEG
BOARD OF DIRECTORS. The undersigned may revoke this proxy at any time before it
is voted by (i) delivering to Frank P. Molinaro, Corporate Secretary of Nutmeg a
written notice of revocation before the special meeting, (ii) delivering to
Nutmeg a duly executed proxy bearing a later date before the special meting, or
(iii) by attending the special meeting and voting in person. The undersigned
shareholder hereby acknowledges receipt of a Notice of a Special Meeting of
Nutmeg and the joint proxy statement/prospectus of NewMil and Nutmeg dated
__________, 2000.
If you receive more than one proxy card, please sign and return all
cards in the accompanying envelope.
PROPOSAL 1: To approve and adopt the agreement and plan of merger,
dated as of May 30, 2000 between and among NewMil Bancorp,
Inc., its wholly-owned subsidiary New Milford Savings Bank
and Nutmeg Federal Savings and Loan Association, pursuant
to which Nutmeg will be acquired by NewMil and merged into
New Milford Savings Bank, and the other transactions
contemplated by the agreement and plan of merger; as
described in the joint proxy statement/prospectus.
[_] FOR [_] AGAINST [_] ABSTAIN
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PROPOSAL 2: The proxies are authorized to vote upon such other
business as may properly come before the special meeting,
or any adjournments or postponements of the meeting,
including, without limitation, a motion to adjourn the
special meeting to another time and/or place for the
purpose of soliciting additional proxies in order to
approve the agreement and plan of merger and the merger
or otherwise.
Date:
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Signature(s) of Shareholder(s) or
Authorized Representative(s)
Please date and sign exactly as your name appears on this
proxy card. Each executor, administrator, trustee,
guardian, attorney-in-fact and other fiduciary should
sign and indicate his or her full title. When stock has
been issued in the name of two or more persons, all
persons should sign.
