EXECUTIVE SALARY CONTINUATION AGREEMENTExecutive Salary Continuation Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
THIS AGREEMENT, made and entered into this 27th day of December, 2007, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Thomas L. Kime, an Executive of the Bank (hereinafter referred to as the “Executive”), a member of a select group of management and highly compensated employees of the Bank.
DIRECTOR FEE CONTINUATION AGREEMENTDirector Fee Continuation Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks • New York
THIS AGREEMENT, made and entered into this 26th day of September, 2001 by and between The Lyons National Bank, a Bank organized and existing under the laws of the United States, (hereinafter referred to as the, “Bank”), and David J. Breen, Jr., a member of the Board of Directors of the Bank (hereinafter referred to as the “Director”).
THE LYONS NATIONAL BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENTSupplemental Executive Retirement Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
THIS SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT (“Agreement”) is made and entered into this 6 day of July, 2009, between THE LYONS NATIONAL BANK (“Bank”), a bank located in Lyons, New York, and DIANA R, JOHNSON (“Executive”).
EXECUTIVE SALARY CONTINUATION AGREEMENTExecutive Salary Continuation Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks • New York
THE AGREEMENT, made and entered into this 26th day of September, 2001 by and between The Lyons National Bank, a banking corporation organized and existing under the laws of the United States (hereinafter called “Bank”), and Clair J. Britt (hereinafter called the “Executive”).
LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENTLyons Bancorp Inc • March 15th, 2016 • National commercial banks • New York
Trust: Rabbi Trust for the Executive Salary Continuation Agreement, Director Fee Continuation Agreement, and The Endorsement Method Split Dollar Plan Agreement
SEVERANCE AGREEMENTSeverance Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks • New York
THIS SEVERANCE AGREEMENT (this “Agreement”) is made effective as of the 1st day January 2014, by and between THE LYONS NATIONAL BANK, a federally chartered banking organization (the “Company”) with its principal offices located at 35 William Street, Lyons, New York 14489, LYONS BANCORP INC., a New York business corporation (the “Holding Company”) with its principal offices located at 35 William Street, Lyons, New York 14489, and Phillip M. McCann, an individual residing at 4818 Austin Road, Elbridge, NY 13060 (the “Executive”).
AMENDMENT To the Deferred Compensation Agreement for Thomas L. KimeLyons Bancorp Inc • March 15th, 2016 • National commercial banks
THIS AMENDMENT, made and entered into this 1st day of January 2014, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Thomas L. Kime, an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Deferred Compensation Agreement effective January 1, 2014 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to number three (3) of the Agreement (page #2), the Bank and the Executive herby adopt the following:
409A Amendment to The Lyons National Bank Executive Salary Continuation Agreement for Clair J. BrittLyons Bancorp Inc • March 15th, 2016 • National commercial banks
This Amendment is intended to bring the Agreement into compliance with the requirements of Internal Revenue Code Section 409A. Accordingly, the intent of the parties hereto is that the Agreement shall be operated and interpreted consistent with the requirements of Section 409A. Therefore, the following changes shall be made:
AMENDMENT To the Deferred Compensation Agreement for: Clair J. Britt, Jr.Lyons Bancorp Inc • March 15th, 2016 • National commercial banks
THIS AMENDMENT, made and entered into this 1st day of January 2014, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Clair J. Britt, Jr., an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Deferred Compensation Agreement effective January 1, 2014 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to number three (3) of the Agreement (page #2), the Bank and the Executive herby adopt the following:
AMENDMENT TO THE LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT FOR STEPHEN V. DERADDOLyons Bancorp Inc • March 15th, 2016 • National commercial banks
THIS AMENDMENT, made and entered into this 20th day of January, 2009, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Stephen V. DeRaddo, an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Life Insurance Endorsement Method Split Dollar Plan Agreement dated (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to Section XVI of the Agreement, the Bank and the Executive hereby adopt the following amendment:
LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENTLyons Bancorp Inc • March 15th, 2016 • National commercial banks • New York
Trust: Rabbi Trust for the Executive Salary Continuation Agreement, Director Fee Continuation Agreement, and The Endorsement Method Split Dollar Plan Agreement
AMENDMENT TO THE LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT FOR THOMAS L. KIMEDollar Plan Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
THIS AMENDMENT, made and entered into this 20th day of Jan, 2009, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Thomas L. Kime, an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Life Insurance Endorsement Method Split Dollar Plan Agreement dated December 27, 2007 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to Section XVI of the Agreement, the Bank and the Executive hereby adopt the following amendment:
DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks • New York
THIS DEFERRED COMPENSATION AGREEMENT (this “Agreement”) is made effective as of the and between THE LYONS NATIONAL BANK, a federally chartered banking organization (the “Company”) with its principal offices located at 35 William Street, Lyons, New York 14489, LYONS BANCORP INC., a New York business corporation (the “Holding Company”) with its principal offices located at 35 William Street, Lyons, New York 14489, and Clair J. Britt, JR., an individual residing at 8632 Helch Rd Lyons, N.Y. 14489 (the “Executive”).
THE LYONS NATIONAL BANK ENDORSEMENT SPLIT DOLLAR LIFE INSURANCE AGREEMENTEndorsement Split Dollar Life Insurance Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
THIS ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE AGREEMENT (“Agreement”) is made and entered into this 1st day of January, 2011, by and between THE LYONS NATIONAL BANK (“Bank”), a bank located in Lyons, NY, and PHILLIP M. MCCANN (“Executive”).
AMENDMENT TO THE LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT FOR ROBERT A. SCHICKPlan Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
THIS AMENDMENT, made and entered into this 14th day of May, 2014, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Robert A. Schick, an Executive of the Bank (hereinafter referred to as the “Insured”), shall effectively amend The Lyons National Bank Life Insurance Endorsement Method Split Dollar Plan Agreement dated September 26, 2001 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to Section XVI of the Agreement, the Bank and the Insured hereby adopt the following amendment:
409A Amendment to The Lyons National Bank Executive Salary Continuation Agreement for Robert A. SchickLyons Bancorp Inc • March 15th, 2016 • National commercial banks
This Amendment is intended to bring the Agreement into compliance with the requirements of Internal Revenue Code Section 409A. Accordingly, the intent of the parties hereto is that the Agreement shall be operated and interpreted consistent with the requirements of Section 409A. Therefore, the following changes shall be made:
SUPPLEMENTAL OFFERING SUBSCRIPTION AGREEMENTSubscription Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
The terms of this offering are described in the Offering Circular dated [_____], 2016 (the “Offering Circular”), which you have received together with this Subscription Agreement. You should read the Offering Circular carefully in its entirety before completing and returning this Subscription Agreement. If you elect to subscribe for Units (as defined below) in accordance with the terms contained in the Offering Circular and as described further below, you must complete and sign this Subscription Agreement and the accompanying IRS Form W-9 in their entirety. If you fail to provide all of the required information and/or properly sign this Subscription Agreement or the required Form W-9, your subscription may be returned to you.
FIRST AMENDMENT TO THE LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT EFFECTIVE SEPTEMBER 12, 2001Plan Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
This Amendment, made and entered into this 5th day of February, 2007, by and between The Lyons National Bank, a banking corporation organized and existing under the laws of the United States of America, hereinafter referred to as the, “Bank”, and Clair J. Britt, a Key Employee and Executive of the Bank, hereinafter referred to as the, “Executive”, shall effectively amend the Life Insurance Endorsement Method Split Dollar Plan Agreement, effective September 12, 2001, as follows:
AMENDMENT TO THE LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT EFFECTIVE SEPTEMBER 12, 2001Split Dollar Plan Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
THIS AMENDMENT, made and entered into this 26th day of December, 2007, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America, (hereinafter referred to as the “Bank”), and Robert A. Schick, an Executive of the Bank, (hereinafter referred to as the “Executive”), shall effectively amend the Life Insurance Endorsement Method Split Dollar Plan Agreement effective September 12, 2001 as follows:
AMENDMENT TO THE LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT EFFECTIVE SEPTEMBER 12, 2001Split Dollar Plan Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
THIS AMENDMENT, made and entered into this 27th day of December, 2007, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America, (hereinafter referred to as the “Bank”), and Clair J. Britt, Jr., an Executive of the Bank, (hereinafter referred to as the “Executive”), shall effectively amend the Life Insurance Endorsement Method Split Dollar Plan Agreement effective September 12, 2001 as follows:
THE LYONS NATIONAL BANK ENDORSEMENT SPLIT DOLLAR LIFE INSURANCE AGREEMENT Effective July 6, 2009Dollar Life Insurance Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
THIS ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE AGREEMENT (“Agreement”) is made and entered into this 6 day of July, 2009, by and between THE LYONS NATIONAL BANK (“Bank”), a bank located in Lyons, New York, and DIANA R. JOHNSON (“Executive”).
AMENDMENT To the Deferred Compensation Agreement for: Stephen V. DeRaddoLyons Bancorp Inc • March 15th, 2016 • National commercial banks
THIS AMENDMENT, made and entered into this 1st day of January 2014, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Stephen V. DeRaddo, an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Deferred Compensation Agreement effective January 1, 2014 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to number three (3) of the Agreement (page #2), the Bank and the Executive herby adopt the following:
AMENDMENT TO THE LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT FOR CLAIR J. BRITT, JR.Lyons Bancorp Inc • March 15th, 2016 • National commercial banks
THIS AMENDMENT, made and entered into this 20th day of January, 2009, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Clair J. Britt, Jr., an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Life Insurance Endorsement Method Split Dollar Plan Agreement dated September 26, 2001 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to Section XVI of the Agreement, the Bank and the Executive hereby adopt the following amendment:
AMENDMENT TO THE DEFERRED COMPENSATION AGREEMENT FOR ROBERT A. SCHICKDeferred Compensation Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
This Amendment, made and entered into this 26th day of February, 2013, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (herein referred to as the “Bank”), and Robert A. Schick, an Executive of the Bank (herein referred to as the “Executive”) shall effectively amend the Lyons National Bank Deferred Compensation Agreement dated January 1, 2007 (herein referred to as the “Agreement”) as specifically set forth herein:
AMENDMENT To the Deferred Compensation Agreement for Diana R. JohnsonLyons Bancorp Inc • March 15th, 2016 • National commercial banks
THIS AMENDMENT, made and entered into this 1st day of January 2011, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Diana R. Johnson, an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Deferred Compensation Agreement effective January 1, 2011 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to number three (3) of the Agreement (page #2), the Bank and the Executive herby adopt the following:
AMENDMENT TO THE LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT FOR ROBERT A. SCHICKPlan Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks
THIS AMENDMENT, made and entered into this 15th day of December, 2015, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Robert A. Schick, an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Life Insurance Endorsement Split Dollar Plan Agreement dated September 26, 2001 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to Section XVI of the Agreement, the Bank and the Executive hereby adopt the following amendment:
AMENDMENT To the Deferred Compensation Agreement for Phillip M. McCannLyons Bancorp Inc • March 15th, 2016 • National commercial banks
THIS AMENDMENT, made and entered into this 1st day of January 2014, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Phillip M. McCann, an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Deferred Compensation Agreement effective January 1, 2014 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to number three (3) of the Agreement (page #2), the Bank and the Executive herby adopt the following:
409A Amendment to The Lyons National Bank Director Fee Continuation Agreement for David J. Breen, Jr.Lyons Bancorp Inc • March 15th, 2016 • National commercial banks
This Amendment is intended to bring the Agreement into compliance with the requirements of Internal Revenue Code Section 409A. Accordingly, the intent of the parties hereto is that the Agreement shall be operated and interpreted consistent with the requirements of Section 409A. Therefore, the following changes shall be made:
AMENDMENT To the Deferred Compensation Agreement for Diana R. JohnsonLyons Bancorp Inc • March 15th, 2016 • National commercial banks
THIS AMENDMENT, made and entered into this 1st day of January 2014, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Diana R. Johnson, an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Deferred Compensation Agreement effective January 1, 2014 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to number three (3) of the Agreement (page #2), the Bank and the Executive herby adopt the following:
AMENDMENT To the Deferred Compensation Agreement for Thomas L. KimeLyons Bancorp Inc • March 15th, 2016 • National commercial banks
THIS AMENDMENT, made and entered into this 1st day of January 2008, by and between The Lyons National Bank, a bank organized and existing under the laws of the United States of America (hereinafter referred to as the “Bank”), and Thomas L. Kime, an Executive of the Bank (hereinafter referred to as the “Executive”), shall effectively amend the Lyons National Bank Deferred Compensation Agreement effective January 1, 2008 (hereinafter referred to as the “Agreement”) as specifically set forth herein. Pursuant to number three (3) of the Agreement (page #2), the Bank and the Executive herby adopt the following:
