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0000950156-09-000063 Sample Contracts

ADOPTION AGREEMENT
Adoption Agreement • March 31st, 2009 • Union Bankshares Inc • State commercial banks

THIS ADOPTION AGREEMENT is the adoption by Union Bankshares, Inc. ("Bankshares"), or "Employer" and Union Bank ("Bank") of the 2008 Amended and Restated Nonqualified Deferred Compensation Plan of Union Bankshares, Inc. ("Plan").

Standard Contracts

UNION BANKSHARES, INC. FIRST AMENDMENT TO ADOPTION AGREEMENT
Adoption Agreement • March 31st, 2009 • Union Bankshares Inc • State commercial banks

This First Amendment to Adoption Agreement (this "First Amendment") is made by Union Bankshares, Inc. ("Bankshares") and Union Bank, Inc. ("Bank"), each of which is a Participating Employer under the Plan (as hereinafter defined).