BRITTON & KOONTZ BANK SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • February 27th, 2008 • Britton & Koontz Capital Corp • National commercial banks • Mississippi
This Salary Continuation Agreement (the “Agreement”) is made and entered into by and between Britton & Koontz Bank (the “Bank”) and W. Page Ogden (“Executive”), and is intended to supersede and restate, in its entirety, that certain Salary Continuation Agreement between the parties hereto first dated September 26, 1994 (the “Predecessor Agreement”), for the purpose of complying with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).
