STOCK OPTION AGREEMENTStock Option Agreement • March 13th, 2015 • Union Bankshares Inc • State commercial banks
WHEREAS, in April, 2008 the Board of Directors of the Corporation approved and adopted the 2008 Incentive Stock Option Plan of Union Bankshares, Inc. and Subsidiary (the "Plan"), subject to approval by the Corporation’s shareholders;
CHANGE IN CONTROLChange in Control • March 13th, 2015 • Union Bankshares Inc • State commercial banks • Vermont
THIS CHANGE IN CONTROL AGREEMENT (this "Agreement"), is entered into and effective as of the date shown on the signature page hereof, by and between Union Bank, a Vermont-chartered financial institution (the “Bank”), and Jeffrey G. Coslett (the “Executive”).
