LETTER AGREEMENT AND AMENDMENT TO EXECUTIVE COMPENSATION AND BENEFIT PLANS PURSUANT TO THE TARP CAPITAL PURCHASE PROGRAMLetter Agreement • September 10th, 2009 • Parkvale Financial Corp • Savings institution, federally chartered • Pennsylvania
THIS LETTER AGREEMENT AND AMENDMENT (the “Agreement”) by and between Parkvale Financial Corporation (the “Company”), Parkvale Savings Bank (the “Bank”) and the undersigned executive officer (the “Executive”) is entered into effective as of June 15, 2009 (the “Effective Date”) and supersedes in its entirety the Letter Agreement and Amendment entered into as of December 23, 2008.
