Serp Alternative Participation Agreement Sample Contracts

FIRST UNITED CORPORATION EXECUTIVE AND DIRECTOR DEFERRED COMPENSATION PLAN
Serp Alternative Participation Agreement • January 9th, 2015 • First United Corp/Md/ • National commercial banks • Maryland

THIS SERP ALTERNATIVE PARTICIPATION AGREEMENT (this “SERP Alternative Participation Agreement”) is entered into this 9th day of January, 2015 (the “Execution Date”) by and between First United Corporation (“Employer”) and Keith R. Sanders, an executive officer of the Employer (the “Participant”).

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