CHANGE IN CONTROL AGREEMENT by and between SALISBURY BANK AND TRUST COMPANY and STEVEN M. ESSEXChange in Control Agreement • February 25th, 2019 • Salisbury Bancorp Inc • Savings institution, federally chartered • Connecticut
Contract Type FiledFebruary 25th, 2019 Company Industry JurisdictionThis Change in Control Agreement (this “Agreement”) is made and entered into effective as of February 22, 2019 (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 Steven M. Essex (“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.