0001193125-10-056983 Sample Contracts

FIRST AMENDMENT TO THE ORRSTOWN BANK DIRECTOR RETIREMENT AGREEMENT DATED OCTOBER 1, 1998 FOR JEFFREY W. COY
Director Retirement Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks

THIS FIRST AMENDMENT is adopted this 22nd day of March, 2007, effective as of January 1, 2005, by and between Orrstown Bank, a state commercial bank located in Orrstown, Pennsylvania (the “Company”), and Jeffrey W. Coy (the “Director”).

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AMENDMENT AND RESTATEMENT OF THE ORRSTOWN BANK SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania

THIS AMENDED & RESTATED ORRSTOWN BANK SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 1st day of May, 2006, by and between ORRSTOWN BANK, a state corporation located in Shippensburg, Pennsylvania (the “Bank”) and KENNETH R. SHOEMAKER (the “Executive”).

ORRSTOWN BANK SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania

THIS SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 1st day of May, 2006, by and between ORRSTOWN BANK, a state corporation located in Shippensburg, Pennsylvania (the “Bank”) and BARB BROBST (the “Executive”).

FIRST AMENDMENT TO THE ORRSTOWN BANK DIRECTOR RETIREMENT AGREEMENT DATED OCTOBER 1, 2002 FOR GLENN W. SNOKE
Director Retirement Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks

THIS FIRST AMENDMENT is adopted this 24th day of April, 2007, effective as of January 1, 2005, by and between Orrstown Bank, a state commercial bank located in Orrstown, Pennsylvania (the “Company”), and Glenn W. Snoke (the “Director”).

Trust Agreement
Trust Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania

Whereas, the Bank heretofore established the Orrstown Financial Services, Inc., Director/Officer Deferred Compensation Plan, hereinafter called “the Plan,” for the purpose of providing a retirement benefit to certain eligible directors of the board of directors, hereinafter called “the Board,” of the Bank, and

FIRST AMENDMENT TO THE ORRSTOWN BANK DIRECTOR RETIREMENT AGREEMENT DATED OCTOBER 1, 1998 FOR ANTHONY F. CEDDIA
Director Retirement Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks

THIS FIRST AMENDMENT is adopted this 22nd day of March, 2007, effective as of January 1, 2005, by and between Orrstown Bank, a state commercial bank located in Orrstown, Pennsylvania (the “Company”), and Anthony F. Ceddia (the “Director”).

FIRST AMENDMENT TO THE ORRSTOWN BANK DIRECTOR RETIREMENT AGREEMENT DATED OCTOBER 1, 1998 FOR KENNETH R. SHOEMAKER
Director Retirement Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks

THIS FIRST AMENDMENT is adopted this 22nd day of March, 2007, effective as of January 1, 2005, by and between Orrstown Bank, a state commercial bank located in Orrstown, Pennsylvania (the “Company”), and Kenneth R. Shoemaker (the “Director”).

AMENDMENT AND RESTATEMENT OF THE ORRSTOWN BANK SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania

THIS AMENDED & RESTATED ORRSTOWN BANK SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 1st day of May, 2006, by and between ORRSTOWN BANK, a state corporation located in Shippensburg, Pennsylvania (the “Bank”) and BRADLEY S. EVERLY (the “Executive”).

FIRST AMENDMENT TO THE ORRSTOWN BANK DIRECTOR RETIREMENT AGREEMENT DATED OCTOBER 1, 2002 FOR JOHN S. WARD
Director Retirement Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks

THIS FIRST AMENDMENT is adopted this 22nd day of March, 2007, effective as of January 1, 2005, by and between Orrstown Bank, a state commercial bank located in Orrstown, Pennsylvania (the “Company”), and John S. Ward (the “Director”).

ORRSTOWN BANK SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • March 15th, 2010 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania

THIS SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 1st day of May, 2006, by and between ORRSTOWN BANK, a state corporation located in Shippensburg, Pennsylvania (the “Bank”) and JEFF EMBLY (the “Executive”).

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