Peoples Financial Services Corp. Sample Contracts

Subordinated Note Purchase Agreement
Subordinated Note Purchase Agreement • June 6th, 2025 • Peoples Financial Services Corp. • National commercial banks • New York

This SUBORDINATED NOTE PURCHASE AGREEMENT (this “Agreement”) is dated as of June 6, 2025, and is made by and among Peoples Financial Services Corp., a Pennsylvania corporation (the “Company”), and the several purchasers of the Subordinated Notes (as defined below) identified on the signature pages hereto (each a “Purchaser” and collectively, the “Purchasers”).

Registration Rights Agreement
Registration Rights Agreement • June 6th, 2025 • Peoples Financial Services Corp. • National commercial banks • New York

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is dated as of June 6, 2025, and is made by and among Peoples Financial Services Corp., a Pennsylvania corporation (the “Company”), and the several purchasers of the Subordinated Notes (as defined below) identified on the signature pages to the Purchase Agreement (as defined below) (collectively, the “Purchasers”).

Peoples Financial Services Corp. As Issuer, and INDENTURE Dated as of June 6, 2025
Indenture • June 6th, 2025 • Peoples Financial Services Corp. • National commercial banks • New York
AGREEMENT
Employment Agreement • March 4th, 1998 • Peoples Financial Services Corp/ • Pennsylvania
TERMINATION AGREEMENT
Termination Agreement • May 10th, 2007 • Peoples Financial Services Corp/ • National commercial banks • Pennsylvania

THIS AGREEMENT ("Agreement") made as of this 1st day of January 2007, by and between PEOPLES FINANCIAL SERVICES CORP., a Pennsylvania corporation ("Peoples") and JOSEPH M. FERRETTI (the “Executive”).

PEOPLES NEIGHBORHOOD BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
Supplemental Executive Retirement Plan • May 11th, 2012 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS AGREEMENT is made and entered into this 8th day of May 2012, by and between Peoples Neighborhood Bank, a Pennsylvania state-chartered bank and Scott A. Seasock.

AGREEMENT
Employment Agreement • January 21st, 2011 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS AGREEMENT ("Agreement"), with an effective date of January 18, 2011, is entered into by and between PEOPLES FINANCIAL SERVICES CORP., a Pennsylvania corporation ("Peoples"), PEOPLES NEIGHBORHOOD BANK (the “Bank”) and SCOTT A. SEASOCK (the "Executive").

WITNESSETH:
Termination Agreement • March 4th, 1998 • Peoples Financial Services Corp/ • Pennsylvania
EMPLOYMENT AGREEMENT
Employment Agreement • May 8th, 2015 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS EMPLOYMENT AGREEMENT (the “Agreement”), dated as of February 4, 2015, is made and entered into by and between Peoples Security Bank and Trust Company, a Pennsylvania state chartered bank (the “Bank”) and Bradley S. Grubb (the “Executive”).

First Amendment To Employment Agreement
Employment Agreement • March 15th, 2019 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (“Amendment”), dated as of December 5, 2017, is made and entered into by and between Peoples Security Bank and Trust Company, a Pennsylvania state chartered bank (the “Bank”), Peoples Financial Services Corp., a Pennsylvania corporation (“Parent”), and Timothy H. Kirtley (the “Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • December 2nd, 2013 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS EMPLOYMENT AGREEMENT (the “Agreement”), dated as of December 1, 2013, is made and entered into by and among Peoples Financial Services Corp., a Pennsylvania corporation (“Corporation”), Peoples Security Bank and Trust Company, a Pennsylvania state-chartered bank (the “Bank”), and Joseph M. Ferretti (the “Executive”).

CONSULTING AGREEMENT
Consulting Agreement • December 2nd, 2013 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS AGREEMENT is made as of the 2nd day of December, 2013, between Peoples Financial Services Corp. (“Peoples”), a Pennsylvania corporation, Peoples Security Bank and Trust Company (“Peoples Bank”), a Pennsylvania state-charted bank, and Alan W. Dakey (“Consultant”), an individual residing in Pennsylvania.

first AMENDMENT TO DEFERRED COMPENSATION PLAN
Deferred Compensation Plan • August 7th, 2026 • Peoples Financial Services Corp. • National commercial banks

This FIRST AMENDMENT TO DEFERRED COMPENSATION PLAN (the “First Amendment”), adopted this 26th day of June, 2026 (this “First Amendment”), to that certain Deferred Compensation Plan, adopted April 1, 2022, (the “Agreement”), by and between Peoples Security Bank and Trust Company (the “Employer”), and Susan L. Hubble (the “Executive”). Capitalized terms used but not defined herein have the meanings ascribed to such terms in the Agreement.

AMENDMENT TO PEOPLES NATIONAL BANK SUPPLEMENTAL DIRECTOR RETIREMENT PLAN AGREEMENT FOR ALL NON-EMPLOYEE DIRECTORS OF THE COMPANY
Supplemental Director Retirement Plan Agreement • March 15th, 2006 • Peoples Financial Services Corp/ • National commercial banks

THIS AMENDMENT TO PEOPLES NATIONAL BANK SUPPLEMENTAL DIRECTOR RETIREMENT PLAN AGREEMENT (“AMENDMENT”) is made and entered into this 30th day of December, 2004, by and between PEOPLES NATIONAL BANK, a national association having a place of business at 50 Main Street, Halstead, Pennsylvania 18822 ("Bank"), and all Non-Employee Directors of the Company, ("Director").

AMENDMENT TO PEOPLES NATIONAL BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT FOR JOHN W. ORD
Supplemental Executive Retirement Plan Agreement • March 15th, 2006 • Peoples Financial Services Corp/ • National commercial banks

THIS AMENDMENT TO PEOPLES NATIONAL BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (“AMENDMENT”) is made and entered into this 30TH day of December, 2005, by and between PEOPLES NATIONAL BANK, a national association having a place of business at 50 Main Street, Halstead, Pennsylvania 18822 ("Bank"), and JOHN W. ORD ("Executive"), an individual residing at R.R. #1, Box 1095, Hallstead, Pennsylvania 18822.

Change in Control Severance Agreement
Change in Control Severance Agreement • January 8th, 2021 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

This Change in Control Severance Agreement (the “Agreement”), dated as of January 5, 2021, is made and entered into by and between Peoples Security Bank and Trust Company, a Pennsylvania state chartered bank (the “Bank”) and John R. Anderson, III (the “Employee”).

CHANGE IN CONTROL SEVERANCE AGREEMENT
Change in Control Severance Agreement • August 11th, 2025 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

This Change in Control Severance Agreement (the "Agreement"), dated as of October 24th, 2024, is made and entered into by and between Peoples Security Bank and Trust Company, a Pennsylvania state-chartered bank (the "Bank") and Stephanie A. Westington, CPA, an adult individual (the "Employee").

TERMINATION AGREEMENT
Termination Agreement • October 27th, 2009 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS AGREEMENT ("Agreement") made as of this 23rd day of October 2009, by and between PEOPLES FINANCIAL SERVICES CORP., a Pennsylvania corporation ("Peoples") and FREDERICK MALLOY (“Malloy”).

RESTRICTED STOCK AWARD AGREEMENT FOR THE peoples FINANCIAL SERVICES CORP. 2023 Equity INCENTIVE PLAN
Restricted Stock Award Agreement • June 7th, 2023 • Peoples Financial Services Corp. • National commercial banks

This Award Agreement is provided to (the “Participant”) by Peoples Financial Services Corp. (the “Company”) as of (the “Date of Grant”), the date the Committee awarded the Participant a Restricted Stock Award pursuant to the Peoples Financial Services Corp. 2023 Equity Incentive Plan (the “Plan”), Section 8 of the Plan, and subject to the other applicable terms and conditions of the Plan and this Award Agreement:

FORM OF STOCK OPTION AGREEMENT
Stock Option Agreement • March 17th, 2014 • Peoples Financial Services Corp. • National commercial banks
AMENDMENT TO PEOPLES NATIONAL BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT FOR DEBRA E. DISSINGER
Supplemental Executive Retirement Plan Agreement • March 15th, 2006 • Peoples Financial Services Corp/ • National commercial banks

THIS AMENDMENT TO PEOPLES NATIONAL BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (“AMENDMENT”) is made and entered into this 30TH day of December, 2005, by and between PEOPLES NATIONAL BANK, a national association having a place of business at 50 Main Street, Halstead, Pennsylvania 18822 ("Bank"), and DEBRA E. DISSINGER ("Executive"), an individual residing at R.R. #2, Box 190C, Susquehanna, Pennsylvania 18847.

AMENDMENT TO THE PENN SECURITY BANK AND TRUST COMPANY SuPPlemental Executive Retirement Plan AGREEMENT FOR THE BENEFIT OF Thomas P. Tulaney
Supplemental Executive Retirement Plan Agreement • September 1st, 2026 • Peoples Financial Services Corp. • National commercial banks

WHEREAS, Penn Security Bank and Trust Company (n/k/a Peoples Security Bank and Trust Company) (the “Bank”), Penseco Financial Services Corporation (n/k/a Peoples Financial Services Corp.) (“Parent”) and Thomas P. Tulaney (the “Executive”) previously entered into the Supplemental Executive Retirement Plan Agreement (the “Agreement”), originally effective as of May 31, 2012; and

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • June 27th, 2025 • Peoples Financial Services Corp. • National commercial banks

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is hereby made and entered into as of June 23, 2025 (the “Effective Date”) by and between Moosic Holdings, LLC (the “Seller”), and Peoples Security Bank and Trust Company (the “Purchaser”).

CONSULTING AND CONFIDENTIALITY AGREEMENT
Consulting and Confidentiality Agreement • November 7th, 2019 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS CONSULTING AND CONFIDENTIALITY AGREEMENT (“Agreement”) is made as of the latest date written below, by and between Peoples Security Bank and Trust Company, a Pennsylvania bank and trust company (the “Bank”) and the undersigned consultant (the “Consultant” and, together with the Bank, the “Parties”).

RESTRICTED STOCK UNIT AWARD AGREEMENT FOR THE peoples FINANCIAL SERVICES CORP. 2023 Equity INCENTIVE PLAN (PERFORMANCE-BASED)
Performance-Based Restricted Stock Unit Award Agreement • June 7th, 2023 • Peoples Financial Services Corp. • National commercial banks

This Award Agreement is provided to (the “Participant”) by Peoples Financial Services Corp. (the “Company”) as of (the “Date of Grant”), the date the Committee awarded the Participant a Performance-Based Restricted Stock Unit Award pursuant to the Peoples Financial Services Corp. 2023 Equity Incentive Plan (the “Plan”), Section 9 of the Plan, and subject to the other applicable terms and conditions of the Plan and this Award Agreement:

SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • January 6th, 2016 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS SEPARATION AND RELEASE AGREEMENT (this “Release”) is made, effective as of the latest date signed below, by and between Gregory D. Misterman (the “Employee”) and Peoples Security Bank and Trust Company (the “Company”).

AMENDED AND RESTATED DEFERRED COMPENSATION PLAN #2
Deferred Compensation Plan • April 28th, 2014 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS DEFERRED COMPENSATION PLAN (this “Agreement”), adopted this 22nd day of April, 2014, by and between by and between Peoples Security Bank and Trust Company, successor by merger to Penn Security Bank and Trust Company, (the “Employer”), and Craig W. Best (the “Executive”), formalizes the agreements and understanding between the Employer and the Executive.

Peoples Security Bank and Trust Company Supplemental Executive Retirement Plan Agreement
Supplemental Executive Retirement Plan Agreement • August 5th, 2016 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

This Supplemental Executive Retirement Plan Agreement (this “Agreement”) is adopted effective February 1, 2016, by and among Peoples Security Bank and Trust Company, a Pennsylvania state chartered bank and trust company (the “Bank”), Peoples Financial Services Corp., a Pennsylvania corporation (the “Corporation”), and Michael L. Jake (the “Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • July 29th, 2024 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of the 26th day of July, 2024, by and among Peoples Security Bank and Trust Company (“Peoples Bank”), Peoples Financial Services Corp. (“PFIS” and together with Peoples Bank, the “Bank”), the parent of Peoples Bank, and Gerard A. Champi (“Executive”). Peoples Bank, PFIS and Executive will be referred to collectively as the “Parties” and may be referred to individually as a “Party”.

separation Agreement
Separation Agreement • October 25th, 2024 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS SEPARATION AGREEMENT (this “Agreement”) is made October 25, 2024, by and between Craig W. Best (the “Executive”), Peoples Security Bank and Trust Company, successor-by-merger to Penn Security Bank and Trust Company (the “Bank”), and Peoples Financial Services Corp., successor-by-merger to Penseco Financial Services Corporation (the “Parent” and, together with the Bank, the “Company”).

FORM OF ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE AGREEMENT
Endorsement Split-Dollar Life Insurance Agreement • March 28th, 2025 • Peoples Financial Services Corp. • National commercial banks

THIS ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is adopted this day of , 20 , by and between Peoples Security Bank and Trust Company, a state-charted bank organized and existing under the laws of the Commonwealth of Pennsylvania (successor to FNCB Bank and First National Community Bank), located in Dunmore, Pennsylvania (the “Bank”), and (the “Executive”).

Consulting and CONFIDENTIALITY AGREEMENT
Consulting and Confidentiality Agreement • April 2nd, 2026 • Peoples Financial Services Corp. • National commercial banks

THIS CONSULTING AND CONFIDENTIALITY AGREEMENT (“Agreement”) is made as of the 27th day of March, with an effective date of April 3, 2026 (the “Effective Date”), by and between Peoples Security Bank and Trust Company, a Pennsylvania state chartered bank and trust company (the “Bank”) and the undersigned consultant Thomas P. Tulaney (the “Consultant” and, together with the Bank, the “Parties”).

AGREEMENT
Employment Agreement • May 12th, 2011 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS AGREEMENT ("Agreement"), with an effective date of May 9, 2011, is entered into by and between PEOPLES FINANCIAL SERVICES CORP., a Pennsylvania corporation ("Peoples"), PEOPLES NEIGHBORHOOD BANK (the “Bank”), and Joseph M. Ferretti (the "Executive").

Deferred Compensation Plan
Deferred Compensation Plan • August 8th, 2022 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS DEFERRED COMPENSATION PLAN (this “Agreement”), adopted this 1st day of April, 2022, by and between by and between Peoples Security Bank and Trust Company (the “Employer”) and Susan L. Hubble (the “Executive”), formalizes the agreements and understanding between the Employer and the Executive.

EMPLOYMENT AGREEMENT
Employment Agreement • November 7th, 2016 • Peoples Financial Services Corp. • National commercial banks • Pennsylvania

THIS EMPLOYMENT AGREEMENT (the “Agreement”), dated as of September 30, 2016, is made and entered into by and between Peoples Security Bank and Trust Company, a Pennsylvania state chartered bank (the “Bank”) and Timothy Kirtley (the “Executive”).