TWO RIVER COMMUNITY BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENTTwo River Community Bank Supplemental Executive Retirement Agreement • August 23rd, 2013 • Two River Bancorp • State commercial banks • New Jersey
THIS SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT (the “Agreement”) was originally adopted July 7, 2005, by and between TWO RIVER COMMUNITY BANK, a New Jersey-chartered commercial bank located in Tinton Falls, New Jersey (“Bank”) and WILLIAM MOSS (the “Executive”). The Agreement was amended October 31, 2008, June 1, 2010 and December 31, 2011. This amendment and restatement of the Agreement incorporates the prior amendments and is effective July 1, 2013. The purpose of this Agreement is to provide specified benefits to the Executive, a member of a select group of management or highly compensated employees who contribute materially to the continued growth, development, and future business success of the Bank. This Agreement shall be unfunded for tax purposes and for purposes of Title I of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended from time to time.
