CHANGE IN CONTROL AGREEMENTChange in Control Agreement • June 1st, 2018 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania
This Change in Control Agreement (“Agreement”) is by and among Orrstown Financial Services, Inc., a Pennsylvania corporation (“Orrstown”), Orrstown Bank, a bank and trust company organized under the Pennsylvania Banking Code of 1965 and a wholly owned subsidiary of Orrstown (the “Bank”) (Orrstown and the Bank are hereinafter collectively referred to as the “Employer”) and Robert J. Fignar, an adult individual (“Executive”). This Agreement is being executed in connection with the Agreement and Plan of Merger by and between Orrstown Financial Services, Inc. and Mercersburg Financial Corporation dated [], 2018 (the “Merger Agreement”). The second anniversary of the closing of the transactions contemplated by the Merger Agreement (the “Closing”) shall be the effective date of this Agreement (the “Effective Date”).
AGREEMENT AND PLAN OF MERGER by and between ORRSTOWN FINANCIAL SERVICES, INC. and MERCERSBURG FINANCIAL CORPORATION Dated as of May 31, 2018Agreement and Plan of Merger • June 1st, 2018 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania
AGREEMENT AND PLAN OF MERGER, dated as of May 31, 2018 (this “Agreement”), by and among Orrstown Financial Services, Inc., a Pennsylvania corporation (“Buyer”) and Mercersburg Financial Corporation, a Pennsylvania corporation (the “Company”).
VOTING AGREEMENTVoting Agreement • June 1st, 2018 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania
VOTING AGREEMENT (“Agreement”), dated as of May 31, 2018, by and between Orrstown Financial Services, Inc., a Pennsylvania corporation (“Buyer”), and the undersigned holder (“Stockholder”) of common stock, no par value per share (“Common Stock”), of Mercersburg Financial Corporation, a Pennsylvania corporation (the “Company”).
EMPLOYMENT AGREEMENTEmployment Agreement • June 1st, 2018 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania
This Employment Agreement (“Agreement”) made as of May 31, 2018, by and among Orrstown Financial Services, Inc., a Pennsylvania corporation (“Orrstown”), Orrstown Bank, a bank and trust company organized under the Pennsylvania Banking Code of 1965 and a wholly owned subsidiary of Orrstown (the “Bank”) (Orrstown and the Bank are hereinafter collectively referred to as the “Employer”) and Robert J. Fignar, an adult individual (the “Executive”). This Agreement is being executed in connection with the Agreement and Plan of Merger by and between Orrstown Financial Services, Inc. and Mercersburg Financial Corporation dated May 31, 2018, (the “Merger Agreement”). The date on which the Effective Time (as defined by Section 1.2 of the Merger Agreement) of the transactions contemplated by the Merger Agreement occurs shall be the effective date of this Agreement (the “Effective Date”). The Employer and Executive are also entering into a Change in Control Agreement (the “Change in Control Agreemen
