DEFERRED COMPENSATION AND SPLIT-DOLLAR INSURANCE AGREEMENTDeferred Compensation and Split-Dollar Insurance Agreement • March 14th, 2006 • West Suburban Bancorp Inc • State commercial banks • Illinois
Effective the 13th day of November, 1990, West Suburban Bank, a banking organization organized and existing under the laws of the State of Illinois, hereinafter referred to as “Corporation” and , a Key Employee and Executive of the Corporation, hereinafter referred to as“Executive,” entered into a Deferred Compensation Agreement. By the terms thereof, the Corporation and the Executive reserved the right to modify or amend that agreement. By execution hereof, the Corporation and Executive hereby amend and restate that agreement in its entirety.
