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Exhibit 99.4
Nutmeg Federal Savings & Loan Association
SECOND ELECTION FORM
FOR CASH OR SHARES OF COMMON STOCK OF
NEWMIL BANCORP, INC.
(Use this form only if changing elections during the election change period.
See the discussion of Shareholder Elections in the proxy statement (pages 28-
30) for how to determine the dates of the election change period.)
The undersigned, subject to the terms and conditions set forth in the Stock
Election Form and Letter of Transmittal previously submitted, hereby changes
the undersigned's earlier stock or cash elections with the following as the
resulting election for the undersigned's Nutmeg Shares:
[_]I elect to receive shares of NewMil common stock for ALL of my Nutmeg
Shares.
[_]I elect to receive cash for ALL of my Nutmeg Shares.
[_]I elect to receive both shares of NewMil common stock and cash for my
Nutmeg Shares, as allocated below (insert the number of Nutmeg shares
for which you elect to receive cash or NewMil stock. The exchange agent
will determine the amount of cash and the number of shares of NewMil
stock to which you are entitled.):
CASH NEWMIL STOCK
Nutmeg Common Stock Nutmeg Common Stock
Shares Shares
Nutmeg Preferred Stock Nutmeg Preferred Stock
Shares Shares
_____________________________________
_____________________________________
(Signature(s) of holder(s))
Name (s):
_____________________________________ _____________________________________
Social Security or Employer I.D. No.
_____________________________________
(Please print) Dated: , 2000
_____________________________________
(Area code and telephone number)
