Form of Voting AgreementVoting Agreement • January 23rd, 2009 • Penseco Financial Services Corp • State commercial banks • Pennsylvania
FORM OF EMPLOYMENT PROTECTION AGREEMENT (Penn Security Bank and Trust Company Letterhead)Employment Protection Agreement • January 23rd, 2009 • Penseco Financial Services Corp • State commercial banks
On behalf of Penn Security Bank and Trust Company (the “Company”), this letter memorializes our agreement to provide you with certain salary continuation benefits if your service to the Company ceases under specified circumstances. Your employment is “at will” employment, terminable by either you or the Company at any time, upon not less than 60 days written notice; provided that the Company may terminate your employment without notice at any time, if the termination is for Cause.
