Exhibit 10.6
SCHEDULE A
UNITED NATIONAL BANK & TRUST CO.
SALARY CONTINUATION AGREEMENT
XXXXX X. XXXX
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
1 April 2002 60 $255,552 100% (3) $255,552 $37,863 $37,863 $1,441,874
------------------------------------------------------------------------------------------------------------------------------------
2 April 2003 61 $530,944 100% $530,944 $72,999 $72,999 $1,441,874
----------------------------------------------------------------------------------------------------------------------------------
3 April 2004 62 $827,715 100% $827,715 $105,603 $105,603 $1,441,874
----------------------------------------------------------------------------------------------------------------------------------
4 April 2005 63 $1,147,525 100% $1,147,525 $135,859 $135,859 $1,441,874
----------------------------------------------------------------------------------------------------------------------------------
5 April 2006 64 $1,441,874(4) 100% $1,441,874 $159,400 $159,400 $1,441,874
----------------------------------------------------------------------------------------------------------------------------------
6 April 2007 65 $1,383,092 $1,383,092
-----------------------------------------------------------------------------------------------------------------------------------
7 April 2008 66 $1,324,438 $1,324,438
-----------------------------------------------------------------------------------------------------------------------------------
8 April 2009 67 $1,261,232 $1,261,232
-----------------------------------------------------------------------------------------------------------------------------------
9 April 2010 68 $1,193,118 $1,193,118
-----------------------------------------------------------------------------------------------------------------------------------
10 April 2011 69 $1,119,716 $1,119,716
-----------------------------------------------------------------------------------------------------------------------------------
11 April 2012 70 $1,040,617 $1,040,617
-----------------------------------------------------------------------------------------------------------------------------------
12 April 2013 71 $955,376 $955,376
-----------------------------------------------------------------------------------------------------------------------------------
13 April 2014 72 $863,518 $863,518
-----------------------------------------------------------------------------------------------------------------------------------
14 April 2015 73 $764,529 $764,529
-----------------------------------------------------------------------------------------------------------------------------------
15 April 2016 74 $657,855 $657,855
-----------------------------------------------------------------------------------------------------------------------------------
16 April 2017 75 $542,899 $542,899
-----------------------------------------------------------------------------------------------------------------------------------
17 April 2018 76 $419,020 $419,020
-----------------------------------------------------------------------------------------------------------------------------------
18 April 2019 77 $285,523 $285,523
-----------------------------------------------------------------------------------------------------------------------------------
19 April 2020 78 $141,662 $141,662
-----------------------------------------------------------------------------------------------------------------------------------
20 April 2021 79 $0 $0
-----------------------------------------------------------------------------------------------------------------------------------
(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 is 100 percent vested upon effective date of the Salary
Continuation Agreement.
(4) Reflects 11 months data prior to projected retirement in March 2006.