0000826154-21-000126 Sample Contracts

Change in Control Agreement
Change in Control Agreement • May 4th, 2021 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania

This Change in Control Agreement (“Agreement”) is entered into this 28th day of April, 2021, (the “Effective Date”), by and among Orrstown Financial Services, Inc., a Pennsylvania corporation (“Orrstown”), Orrstown Bank, a bank and trust company organized under the Pennsylvania Banking Code of 1965 and a wholly owned subsidiary of Orrstown (the “Bank”) (Orrstown and the Bank are hereinafter collectively referred to as the “Employer”) and Neelesh Kalani, an adult individual (“Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • May 4th, 2021 • Orrstown Financial Services Inc • State commercial banks • Pennsylvania

This Employment Agreement (“Agreement”) is effective as of April 28, 2021 (the “Effective Date”), by and among Orrstown Financial Services, Inc., a Pennsylvania corporation (“Orrstown”), Orrstown Bank, a bank and trust company organized under the Pennsylvania Banking Code of 1965 and a wholly owned subsidiary of Orrstown (the “Bank”) (Orrstown and the Bank are hereinafter collectively referred to as the “Employer”) and Neelesh Kalani, an adult individual (the “Executive”).

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