ContractEmployment Agreement • March 9th, 2007 • Camden National Corp • National commercial banks
This AMENDMENT, executed the day of December, 2006, by CAMDEN NATIONAL CORPORATION, a Maine corporation (the “Company”), and ROBERT W. DAIGLE (the “Executive”), to the EMPLOYMENT AGREEMENT dated May 4, 2004 (the “Agreement”)
CAMDEN NATIONAL CORPORATION EXECUTIVE DEFERRED COMPENSATION PLAN (As Amended and Restated Effective January 1, 2005)Camden National Corp • March 9th, 2007 • National commercial banks • Maine
Camden National Corporation (the “Company”) maintains an Executive Deferred Compensation Plan (the “Plan”) for the benefit of certain officers and highly compensated managerial employees. The Plan has been implemented and documented through a series of annual deferred compensation agreements with each participating employee. The Plan enables eligible executives to defer compensation on a non-tax-qualified basis to supplement benefits for their retirement security. The Plan is maintained as a “top hat” plan exempt from ERISA regulations; that is, an unfunded plan primarily for the benefit of a select group of management or highly compensated employees within the meaning of Section 201(2) and other applicable provisions of ERISA.
