ARTICLE I DEFINITIONSPurchase and Assumption Agreement • March 17th, 2000 • Citizens Financial Corp/De/ • National commercial banks • West Virginia
Exhibit 10 CITIZENS NATIONAL BANK OF ELKINS ELKINS, WEST VIRGINIA EXECUTIVE SUPPLEMENTAL INCOME AGREEMENTSupplemental Income Agreement • March 25th, 1996 • Citizens Financial Corp/De/ • National commercial banks • West Virginia
DISCRETIONARY REVOLVING LINE OF CREDIT NOTECitizens Financial Corp/De/ • July 13th, 2007 • National commercial banks
This Note amends, consolidates, restates and replaces the Third Amended, Consolidated and Restated Promissory Note ($5,630,000.00) dated as of April 2, 2007 made by Borrower to the order of Lender (the “Prior Note”). This Note is not intended to be and shall not be construed as a novation of the indebtedness evidenced by the Prior Note. This Note shall be entitled to the benefits (in the same priority) of, interalia, any security at any time granted and pledged by Borrower to Lender in conjunction with the original execution and delivery of the Prior Note or predecessor notes or by Borrower or any other person at any time thereafter. This Note also evidences an additional loan from Lender to Borrower made on the date hereof in the original principal amount of One Hundred Thirty Thousand Dollars ($130,000.00). As of the date hereof, this Note evidences a principal balance disbursed and outstanding of Five Million Seven Hundred Sixty Thousand Dollars ($5,760,000.00) plus interest accrued
PURCHASE AND ASSUMPTION AGREEMENTPurchase and Assumption Agreement • January 15th, 2009 • Citizens Financial Corp/De/ • National commercial banks • West Virginia
This Purchase and Assumption Agreement (this “Agreement”) dated as of January ___, 2009 by and between Citizens National Bank, a national banking association, having its principal place of business at 211 Third Street, Elkins, West Virginia 26241 (“Seller”), and Pendleton Community Bank, Inc., a West Virginia corporation, having its principal place of business at 300 North Main Street, Franklin, West Virginia 26807 (“Buyer”).
409A Amendment to the Citizens National Bank of Elkins Executive Supplemental Retirement Plan Executive AgreementRetirement Plan Executive Agreement • December 18th, 2007 • Citizens Financial Corp/De/ • National commercial banks
This Amendment is intended to bring the Agreement into compliance with the requirements of Internal Revenue Code Section 409A. Accordingly, the intent of the parties hereto is that the Agreement shall be operated and interpreted consistent with the requirements of Section 409A. Therefore, the following changes shall be made:
409A Amendment to the Citizens National Bank of Elkins Director Supplemental Retirement Plan Director AgreementRetirement Plan Director Agreement • December 18th, 2007 • Citizens Financial Corp/De/ • National commercial banks
This Amendment is intended to bring the Agreement into compliance with the requirements of Internal Revenue Code Section 409A. Accordingly, the intent of the parties hereto is that the Agreement shall be operated and interpreted consistent with the requirements of Section 409A. Therefore, the following changes shall be made:
EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN EXECUTIVE AGREEMENTPlan Agreement • March 12th, 2004 • Citizens Financial Corp/De/ • National commercial banks • West Virginia
THIS AGREEMENT is made and entered into this day of , 2003, by and between Citizens National Bank, a bank organized and existing under the laws of the State of West Virginia (hereinafter referred to as the “Bank”), and , an Executive of the Bank (hereinafter referred to as the “Executive”).
