SETTLEMENT AGREEMENTSettlement Agreement • May 9th, 2016 • Lake Sunapee Bank Group • Savings institution, federally chartered • New Hampshire
Contract Type FiledMay 9th, 2016 Company Industry JurisdictionThis Settlement Agreement (the “Agreement”) is entered into as of May 5, 2016 by and among Stephen R. Theroux (the “Executive”), Bar Harbor Bankshares, a bank holding company (“Buyer”), Bar Harbor Bank & Trust, a wholly-owned subsidiary of Buyer (“Buyer Bank”), Lake Sunapee Bank Group a bank holding company (“Seller”), and Lake Sunapee, FSB, a wholly-owned subsidiary of Seller (“Seller Bank”).
SETTLEMENT AGREEMENTSettlement Agreement • May 9th, 2016 • Bar Harbor Bankshares • State commercial banks • New Hampshire
Contract Type FiledMay 9th, 2016 Company Industry JurisdictionThis Settlement Agreement (the “Agreement”) is entered into as of May 5, 2016 by and among Stephen R. Theroux (the “Executive”), Bar Harbor Bankshares, a bank holding company (“Buyer”), Bar Harbor Bank & Trust, a wholly-owned subsidiary of Buyer (“Buyer Bank”), Lake Sunapee Bank Group a bank holding company (“Seller”), and Lake Sunapee, FSB, a wholly-owned subsidiary of Seller (“Seller Bank”).