Continuation Plan Agreement Sample Contracts

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TODHUNTER INTERNATIONAL, INC. West Palm Beach, FL 33401 SALARY CONTINUATION PLAN AGREEMENT
Continuation Plan Agreement • May 14th, 2004 • Todhunter International Inc • Malt beverages • Florida

THIS SALARY CONTINUATION PLAN AGREEMENT (this “Agreement” or the “Plan”) is entered into this 20th day of February 2004, between Todhunter International, Inc., a Delaware corporation (hereinafter referred to as the “Corporation”), and D. Chris Mitchell (the “Executive”).

OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT (2014)
Continuation Plan Agreement • May 9th, 2014 • Old Line Bancshares Inc • State commercial banks • Maryland

THIS AGREEMENT is made and entered into this 27th day of March, 2014, by and between Old Line Bank, a banking corporation organized and existing under the laws of the State of Maryland, hereinafter referred to as the “Plan Sponsor”, and Mark Semanie, hereinafter referred to as the “Participant”.

Rhinebeck Savings Bank New Director Fee Continuation Plan Agreement
Continuation Plan Agreement • September 10th, 2018 • Rhinebeck Bancorp, Inc. • New York

This New Director Fee Continuation Plan Agreement (this “Agreement”) is adopted this 1st day of January, 2008, by and between Rhinebeck Savings Bank, a state savings bank located in Poughkeepsie, New York (the “Bank”), and Joseph A. Bahnatka, Jr. (the “Director”).

Rhinebeck Savings Bank New Director Fee Continuation Plan Agreement
Continuation Plan Agreement • September 10th, 2018 • Rhinebeck Bancorp, Inc. • New York

This New Director Fee Continuation Plan Agreement (this “Agreement”) is adopted this 1st day of January, 2008, by and between Rhinebeck Savings Bank, a state savings bank located in Poughkeepsie, New York (the “Bank”), and Frederick Battenfeld (the “Director”).

SECOND AMENDMENT TO THE OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT
Continuation Plan Agreement • August 23rd, 2019 • Wesbanco Inc • National commercial banks

THIS SECOND AMENDMENT TO THE OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT (“Second Amendment”) is made and entered into by and among Old Line Bank, a banking corporation organized and existing under the laws of the State of Maryland (“Old Line”), Mark A. Semanie (the “Employee”) and Wesbanco, Inc. (“Wesbanco”). Capitalized terms have the meanings ascribed to them under that certain Salary Continuation Plan Agreement dated March 27, 2017 and amended May 7, 2018 (as amended, the “Salary Continuation Plan Agreement”).

FIRST AMENDMENT TO THE OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT (2012-A Plan)
Continuation Plan Agreement • August 9th, 2018 • Old Line Bancshares Inc • State commercial banks

WHEREAS, Old Line Bank, (the “Bank”) and James Cornelsen, (the “Executive”) previously entered into the Old Line Bank Salary Continuation Plan Agreement (2012-A Plan), originally effective as of October 1st, 2012 (the “Agreement” or “Plan”); and

New Director Fee Continuation Plan Agreement
Continuation Plan Agreement • September 10th, 2018 • Rhinebeck Bancorp, Inc. • New York

This New Director Fee Continuation Plan Agreement (this “Agreement”) is adopted this 1st day of January, 2008, by and between Rhinebeck Savings Bank, a state savings bank located in Poughkeepsie, New York (the “Bank”), and William C. Irwin (the “Director”).

FIRST AMENDMENT TO THE OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT (2012-B Plan)
Continuation Plan Agreement • August 9th, 2018 • Old Line Bancshares Inc • State commercial banks

WHEREAS, Old Line Bank, (the “Bank”) and James Cornelsen, (the “Executive”) previously entered into the Old Line Bank Salary Continuation Plan Agreement (2012-B Plan), originally effective as of October 1st, 2012 (the “Agreement”); and

FIRST AMENDMENT TO THE OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT (2014)
Continuation Plan Agreement • August 9th, 2018 • Old Line Bancshares Inc • State commercial banks

WHEREAS, Old Line Bank, (the “Bank”) and Mark Semanie, (the “Executive”) previously entered into the Old Line Bank Salary Continuation Plan Agreement (2014), originally effective as of March 27, 2014 (the “Agreement” or “Plan”); and

AMENDED AND RESTATED DIRECTOR INDEXED FEE CONTINUATION PLAN AGREEMENT
Continuation Plan Agreement • January 7th, 2009 • Shore Bancshares Inc • National commercial banks • Maryland

This Amended and Restated Director Indexed Fee Continuation Plan Agreement is made and entered into this 31st day of December, 2008 (the “Effective Date”), by and between The Centreville National Bank of Maryland, a national banking association (the “Bank”), and _________________ (the “Director”).

TENNESSEE COMMERCE BANK SUPPLEMENTAL SALARY CONTINUATION PLAN AGREEMENT
Continuation Plan Agreement • January 6th, 2011 • Tennessee Commerce Bancorp, Inc. • State commercial banks • Tennessee

THIS SUPPLEMENTAL SALARY CONTINUATION PLAN AGREEMENT (this “Agreement”) is entered into as of this 31st day December, 2010 by and between Tennessee Commerce Bank and Tennessee Commerce Bancorp, Inc. (collectively, the “Employer”), and Michael R. Sapp, an individual resident of Tennessee (the “Executive”).

FIRST AMENDMENT UNDER DIRECTOR INDEXED FEE
Continuation Plan Agreement • December 12th, 2006 • Shore Bancshares Inc • National commercial banks • Maryland

Pursuant to subparagraph VI C of the Director Indexed Fee Continuation Program Director Agreement between The Centreville National Bank of Maryland and Daniel T. Cannon, dated January 7, 1997, the Agreement is hereby amended with the following:

FIRST AMENDMENT TO THE OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT (2010 PLAN)
Continuation Plan Agreement • August 9th, 2018 • Old Line Bancshares Inc • State commercial banks

WHEREAS, Old Line Bank, (the “Bank”) and James Cornelsen, (the “Executive”) previously entered into the Old Line Bank Salary Continuation Plan Agreement (2010 Plan), originally effective as of June 7th, 2010 (the “Agreement” or “Plan”); and

AMENDMENT NO. 1 TO EXECUTIVE SALARY CONTINUATION PLAN AGREEMENT
Continuation Plan Agreement • October 2nd, 2023 • CNB Financial Corp/Pa • State commercial banks

Reference is made to the CNB Bank Executive Salary Continuation Plan Agreement by and between CNB Bank (the “Company”) and Richard L. Greslick (the “Executive”) established effective January 1, 2013 (the “Plan”).

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