0000776901EX-FILING FEES 0000776901 2025-01-27 2025-01-27 0000776901 1 2025-01-27 2025-01-27 iso4217:USD xbrli:pure xbrli:shares
Exhibit 107
Calculation of Filing Fee Tables
Form
S-4
Independent Bank Corp.
Table 1: Newly Registered and Carry Forward Securities
 
                         
     Security
Type
 
Security
Class
Title
  Fee
Calculation
or Carry
Forward
Rule
  Amount
Registered (1)
  Proposed
Maximum
Offering
Price Per
Unit
 
Maximum
Aggregate
Offering
Price (2)
 
Fee
Rate
  Amount of
Registration
Fee (3)
  Carry
Forward
Form
Type
  Carry
Forward
File
Number
  Carry
Forward
Initial
effective
date
  Filing Fee
Previously
Paid In
Connection
with
Unsold
Securities
to be
Carried
Forward
 
Newly Registered Securities
                         
Fees to Be
Paid
  Equity   Common Stock, par value $0.01 per share   457(c), 457(f)(1)   7,619,505   N.A.   $531,650,961.38   0.0001531   $81,395.76          
                         
Fees
Previously
Paid
  —    —    —    —    —    —    —    $0.00          
 
Carry Forward Securities
                         
Carry
Forward
Securities
  —    —    —    —    —    —      —    —    —    —    — 
                   
    Total Offering Amounts      $531,650,961.38     $81,395.76          
                   
    Total Fees Previously Paid         
         
                   
    Total Fee Offsets                   
                   
    Net Fee Due                $81,395.76                
 
(1)
The number of shares of common stock, par value $0.01 per share, of Independent Bank Corp. (“Independent” and such shares, “Independent common stock”) being registered is based upon an estimate of (i) the exchange ratio of 0.60 of a share of Independent common stock for each share of common stock, par value $0.01 per share, of Enterprise Bancorp, Inc. (“Enterprise” and, such shares, the “Enterprise common stock”) multiplied by (ii) the estimated maximum number of 12,853,664 shares of Enterprise common stock (including shares of restricted stock awarded under Enterprise’s equity-based compensation plans) to be exchanged or converted for the securities being registered. Pursuant to Rule 416, this Registration Statement also covers an indeterminate number of shares of Independent common stock as may become issuable as a result of stock splits, stock dividends or similar transactions.
(2)
Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act of 1933, as amended (the “Securities Act”) and calculated in accordance with Rules 457(c) and 457(f)(1) promulgated thereunder. The aggregate offering price is (x) the average of the high and low prices of Enterprise’s common stock as reported on the NASDAQ Global Select Market on January 22, 2025 ($41.87) multiplied by (12,699,175) the maximum number of shares of Enterprise’s common stock to be converted in the merger.
(3)
Calculated by multiplying the estimated aggregate offering price of securities to be registered by 0.0001531.
 
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