CHANGE IN CONTROL AGREEMENT by and between SALISBURY BANK AND TRUST COMPANY and Donald E. WhiteChange in Control Agreement • May 14th, 2013 • Salisbury Bancorp Inc • Savings institution, federally chartered • Connecticut
This Change in Control Agreement (this “Agreement”) is made and entered into effective as of April 1, 2013 (the “Effective Date”), by and between Salisbury Bank and Trust Company, a Connecticut-chartered commercial bank with its principal administrative office at 5 Bissell Street, P.O. Box 1868, Lakeville, CT 06039-1868 (together with its successors and assigns, the “Bank”) and Donald E. White (“Executive”). Any reference to the “Company” hereunder shall mean Salisbury Bancorp, Inc. (together with its successors and assigns), the parent of the Bank that owns 100% of the Bank.
