CHANGE IN CONTROL AGREEMENT by and between SALISBURY BANK AND TRUST COMPANY and CARLA L. BALESANO Dated July 29, 2020Change in Control Agreement • November 6th, 2020 • Salisbury Bancorp Inc • Savings institution, federally chartered • Connecticut
This Change in Control Agreement (this "Agreement") is made and entered into effective as of July 29, 2020 (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 Carla L. Balesano ("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.
