SETTLEMENT AGREEMENTSettlement Agreement • May 9th, 2016 • Lake Sunapee Bank Group • Savings institution, federally chartered • New Hampshire
This Settlement Agreement (the “Agreement”) is entered into as of May 5, 2016 by and among Sharon Whitaker (the “Officer”), Bar Harbor Bankshares, a bank holding company (“Buyer”), Bar Harbor Bank & Trust, a wholly-owned subsidiary of Buyer (“Buyer Bank”), Lake Sunapee Bank Group, a bank holding company (“Seller”), and Lake Sunapee, FSB, a wholly-owned subsidiary of Seller (“Seller Bank”).
