SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • September 16th, 2005 • First Security Bancorp Inc /Ky/ • State commercial banks • Kentucky
THIS SALARY CONTINUATION AGREEMENT (“Agreement”) is made and entered into on the _______ day of ______________, 2005, to be effective as of ____________, 2005, by and between FIRST SECURITY BANK OF LEXINGTON, INC., a Kentucky corporation, with its principal office and place of business located at 318 East Main Street, Lexington, Kentucky 40507 (the “Bank”), and _____________________, an individual residing at _____________________________, Lexington, Kentucky 405__ (the “Employee”).
First Security Bank Letterhead] September 15, 2005First Security Bancorp Inc /Ky/ • September 16th, 2005 • State commercial banks
We are parties to a certain Employment Agreement (herein so called), dated December 1, 2003, pursuant to which you are employed as the President and CEO of First Security Bancorp, Inc. and First Security Bank of Lexington, Inc. Capitalized terms used herein that are defined in that Employment Agreement have the meanings given them in the Employment Agreement.
