FIRST AMENDMENT TO PREMIERWEST BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (SERP)
Exhibit 10.10.2
FIRST AMENDMENT TO
PREMIERWEST BANK
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT
(SERP)
This First Amendment dated December 18, 2008 (this “Amendment”), amends the Supplemental Executive Retirement Plan Agreement (SERP) by and between PremierWest Bancorp (“Bancorp”), PremierWest Bank (“Bank”, and together with Bancorp, “Company”) and Xxxxxxx Xxxx (the “Executive”) dated December 13, 2007 (the “Agreement”).
1. Section 3.2 of the Agreement is amended to revise the two references to “15 years” to “15 years,
7 months.”
2. Except as specifically set forth herein, the Agreement as previously executed shall continue in
full force and effect as written. Terms not otherwise defined in this Amendment shall have the
meanings set forth in the Agreement.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.
PREMIERWEST BANCORP | EXECUTIVE |
By:__________________________________ | ______________________________ |
Xxxxx Xxxx | Xxxxxxx Xxxx |
President and Chief Executive Officer | |
PREMIERWEST BANK | |
By:_________________________________ | |
Xxxxx Xxxx | |
President and Chief Executive Officer |
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