ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF
CERTAIN OFFICERS.

On October 9, 2009, David W. Kearn, the Executive Vice President and Senior Lending Officer of Central Bancorp, Inc. (the "Company") and its wholly owned subsidiary, Central Co-operative Bank (the "Bank"), notified the Company that he will take an indefinite medical leave of absence. In addition, Mr. Kearn has also notified the Company that he expects to retire as Executive Vice President and Senior Lending Officer of the Company and the Bank on or before December 31, 2009. Mr. Kearn has been on medical leave since August 24, 2009, but had previously believed that his absence would be of a shorter duration. In his absence, Mr. Kearn's duties have been performed by other members of senior management. The Company has commenced a search for Mr. Kearn's replacement.