EMPLOYMENT AGREEMENTEmployment Agreement • December 12th, 2023 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania
This Employment Agreement (“Agreement”) is effective as of the closing of the transactions contemplated by the Merger Agreement (as defined below) (the “Effective Date”), by and among Orrstown Financial Services, Inc., a Pennsylvania corporation (“Orrstown”), Orrstown Bank, a bank and trust company organized under the Pennsylvania Banking Code of 1965 and a wholly owned subsidiary of Orrstown (the “Bank”) (Orrstown and the Bank are hereinafter collectively referred to as the “Employer”) and Craig L. Kauffman, an adult individual (the “Executive”).
AGREEMENT AND PLAN OF MERGER by and between ORRSTOWN FINANCIAL SERVICES, INC. and CODORUS VALLEY BANCORP, INC. Dated as of December 12, 2023Merger Agreement • December 12th, 2023 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania
AGREEMENT AND PLAN OF MERGER, dated as of December 12, 2023 (this “Agreement”), by and between Orrstown Financial Services, Inc., a Pennsylvania corporation (“ORRF”), and Codorus Valley Bancorp, Inc., a Pennsylvania corporation (“CVLY”).
CHANGE IN CONTROL AGREEMENTChange in Control Agreement • December 12th, 2023 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania
This Change in Control Agreement (“Agreement”) is entered into as of the closing of the transactions contemplated by the Merger Agreement (as defined below) (the “Effective Date”), by and among Orrstown Financial Services, Inc., a Pennsylvania corporation (“Orrstown”), Orrstown Bank, a bank and trust company organized under the Pennsylvania Banking Code of 1965 and a wholly owned subsidiary of Orrstown (the “Bank”) (Orrstown and the Bank are hereinafter collectively referred to as the “Employer”) and Craig L. Kauffman, an adult individual (“Executive”).
