Exhibit 10.8
SCHEDULE A
UNITED NATIONAL BANK & TRUST CO.
SALARY CONTINUATION AGREEMENT
XXX X. XXXXX
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EARLY
TERMINATION DISABILITY
ANNUAL ANNUAL CHANGE-IN-
BENEFIT BENEFIT CONTROL EARLY
PAYABLE AT PAYABLE AT BENEFIT
EXECUTIVE'S ACCRUAL TERMINATION VESTED NORMAL NORMAL PAYABLE
PLAN PLAN YEAR AGE AT PLAN BALANCE @ VESTING ACCRUAL RETIREMENT RETIREMENT IN A
YEAR ENDING YEAR END 7.5% (1) SCHEDULE BALANCE AGE (2) AGE (2) LUMP SUM
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1 April 2002 50 $24,692 0% $0 $0 $7,873 $668,473
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2 April 2003 51 $51,301 0% $0 $0 $15,178 $668,473
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3 April 2004 52 $79,976 0% $0 $0 $21,957 $668,473
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4 April 2005 53 $110,877 0% $0 $0 $28,248 $668,473
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5 April 2006 54 $144,177 0% $0 $0 $34,086 $668,473
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6 April 2007 55 $180,062 100%(3) $180,062 $39,503 $39,503 $668,473
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7 April 2008 56 $218,733 100% $218,733 $44,530 $44,530 $668,473
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8 April 2009 57 $260,406 100% $260,406 $49,195 $49,195 $668,473
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9 April 2010 58 $305,314 100% $305,314 $53,523 $53,523 $668,473
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10 April 2011 59 $353,708 100% $353,708 $57,540 $57,540 $668,473
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11 April 2012 60 $405,860 100% $405,860 $61,268 $61,268 $668,473
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12 April 2013 61 $462,060 100% $462,060 $64,727 $64,727 $668,473
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13 April 2014 62 $522,623 100% $522,623 $67,936 $67,936 $668,473
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14 April 2015 63 $587,887 100% $587,887 $70,915 $70,915 $668,473
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15 April 2016 64 $658,219 100% $658,219 $73,679 $73,679 $668,473
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16 April 2017 65 $668,473(4) 100% $668,473 $73,900 $73,900 $668,473
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17 April 2018 66 $621,018 $621,018
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18 April 2019 67 $592,257 $592,257
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19 April 2020 68 $561,263 $561,263
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20 April 2021 69 $527,863 $527,863
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21 April 2022 70 $491,871 $491,871
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22 April 2023 71 $453,084 $453,084
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23 April 2024 72 $411,286 $411,286
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24 April 2025 73 $366,243 $366,243
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25 April 2026 74 $317,703 $317,703
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26 April 2027 75 $265,395 $265,395
EXECUTIVE'S ACCRUAL VESTED
PLAN YEAR AGE AT PLAN BALANCE @ ACCRUAL
ENDING YEAR END 7.5% (1) BALANCE
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27 April 2028 76 $209,026 $209,026
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28 April 2029 77 $148,281 $148,281
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29 April 2030 78 $82,821 $82,821
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30 April 2031 79 $12,278 $12,278
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31 April 2032 80 $0 $0
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1) The Accrual balance reflects payment at the beginning of each month during
retirement.
(2)Benefit is based on present value of the current payment stream
of the vested accrual balance using a standard discount rate (7.50%).
(3)Participant becomes 100 percent vested upon reaching age 55 on June 29, 2006.
(4)Reflects two (2) months data prior to projected retirement in June 2016.
