LETTER AGREEMENT DATED MARCH 13, 2009 INCLUDING THE SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • March 31st, 2011 • Salisbury Bancorp Inc • Savings institution, federally chartered • New York
WHEREAS, the Company agrees to expand the flow of credit to U.S. consumers and businesses on competitive terms to promote the sustained growth and vitality of the U.S. economy;
CONSULTING AND NON-COMPETE AGREEMENT DATED JUNE 1, 2009Consulting and Non-Compete Agreement • March 31st, 2011 • Salisbury Bancorp Inc • Savings institution, federally chartered • Connecticut
This Consulting and Non-Compete Agreement (hereinafter the “Agreement”) dated June 1, 2009, is made by and between John F. Perotti (hereinafter “Mr. Perotti”) and Salisbury Bancorp, Inc. (the “Company”) and Salisbury Bank and Trust Company (the “Bank”) (collectively, “Salisbury”), in light of the following circumstances:
