0001193125-16-582251 Sample Contracts

SETTLEMENT AGREEMENT
Settlement 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 H. Bliss Dayton (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”).

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SETTLEMENT AGREEMENT
Settlement 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 William J. McIver (the “Executive”), 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”).

SETTLEMENT AGREEMENT
Settlement 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 Stephen Ensign (the “Consultant”), 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”).

SETTLEMENT AGREEMENT
Settlement 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 Stephen R. Theroux (the “Executive”), 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”).

AGREEMENT AND PLAN OF MERGER DATED AS OF MAY 5, 2016 BY AND BETWEEN BAR HARBOR BANKSHARES AND LAKE SUNAPEE BANK GROUP
Merger Agreement • May 9th, 2016 • Lake Sunapee Bank Group • Savings institution, federally chartered • Maine

This AGREEMENT AND PLAN OF MERGER (this “Agreement”) is dated as of May 5, 2016, by and between Bar Harbor Bankshares, a Maine corporation (“BHB”), and Lake Sunapee Bank Group, a Delaware corporation (“LSBG”).

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