SPECIAL INCENTIVE AGREEMENTSpecial Incentive Agreement • April 27th, 2012 • DCB Financial Corp • State commercial banks
This Special Incentive Agreement (the “Agreement” ) made and entered into as of the 29th day of Sept., 2011, by and among DCB Financial Corp, a registered bank holding company (“DCBF”), The Delaware County Bank & Trust Company (“DCB&T”, collectively with DCBF, the “Bank” herein), an Ohio-chartered FDIC-insured nonmember bank, and Ronald J. Seiffert, an individual currently residing at 7570 Wills Run Lane, Blacklick, Ohio (“Executive”). The Bank and the Executive will sometimes be referred to herein as the “Parties”.
EMPLOYMENT AGREEMENTEmployment Agreement • April 27th, 2012 • DCB Financial Corp • State commercial banks
This Employment Agreement (the “Agreement”) is made and entered into this 29th day of Sept., 2011, (the “Agreement Date”) by and between DCB Financial Corp, a registered bank holding company (“DCBF”), and its wholly-owned subsidiary The Delaware County Bank and Trust Company (“DCB&T”; collectively with DCBF, the “Bank” herein), an Ohio-chartered FDIC-insured nonmember bank, and Ronald J. Seiffert, an individual currently residing at 7570 Wills Run Lane, Blacklick, Ohio (“Executive”). The Bank and Executive will be referred to collectively herein sometimes as the “Parties.”
