Salary Continuation Plan Agreement Sample Contracts

Standard Contracts

OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT (2014)
Salary 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”.

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TODHUNTER INTERNATIONAL, INC. West Palm Beach, FL 33401 SALARY CONTINUATION PLAN AGREEMENT
Salary 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”).

SALARY CONTINUATION PLAN AGREEMENT
Salary Continuation Plan Agreement • March 16th, 2006 • Reliv International Inc • Pharmaceutical preparations • Illinois

THIS AGREEMENT is made and entered into this 1st day of March, 1997 by and among Reliv International, Inc., an Illinois corporation (hereinafter referred to as the “Company”) and Steven G. Hastings, and individual residing in Chesterfield, Missouri (“Executive”)

AMENDMENT TO FREEZE BENEFIT ACCRUALS UNDER SALARY CONTINUATION PLAN AGREEMENT
Salary Continuation Plan Agreement • January 6th, 2011 • Tennessee Commerce Bancorp, Inc. • State commercial banks

This Amendment is adopted as of this 31st day of December, 2010, by and between Tennessee Commerce Bank and Tennessee Commerce Bancorp, Inc. (collectively, the “Employer”) and Michael R. Sapp, an individual resident of the State of Tennessee (the “Executive”).

SECOND AMENDMENT TO THE OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT
Salary 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)
Salary 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

CHARTERBANK SALARY CONTINUATION PLAN
Salary Continuation Plan Agreement • June 18th, 2010 • Charter Financial Corp/Ga • Savings institution, federally chartered • Georgia

THIS SALARY CONTINUATION PLAN AGREEMENT (this “Agreement”) is entered into as of this first day January, 2009 by and between Charterbank, a federally chartered thrift, supervised by the Office of Thrift Supervision (the “Employer”), located in West Point, Georgia, and Curt Kollar, an individual resident of Georgia (hereinafter referred to as the “Executive” or “Participant”) .

FIRST AMENDMENT TO THE OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT (2012-B Plan)
Salary 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)
Salary 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

FIRST AMENDMENT TO THE OLD LINE BANK SALARY CONTINUATION PLAN AGREEMENT (2010 PLAN)
Salary 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

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