0001554795-18-000055 Sample Contracts

CHANGE IN CONTROL AGREEMENT WITH PETER ALBERO DATED JANUARY 19, 2018
Change in Control Agreement • March 15th, 2018 • Salisbury Bancorp Inc • Savings institution, federally chartered • Connecticut

This Change in Control Agreement (this “Agreement”) is made and entered into effective as of January 26, 2018 (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 Peter Albero (“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.

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