0000950156-06-000261 Sample Contracts

Split Dollar Option) DEFERRED COMPENSATION AGREEMENT
Deferred Compensation Agreement • June 16th, 2006 • Union Bankshares Co/Me • State commercial banks • Maine

AGREEMENT made as of this 12th day of August, 1993, between Union Trust Company of Ellsworth, a banking corporation duly created by law and having its principal place of business at Ellsworth, County of Hancock, State of Maine (the "Bank"), and [Name of Executive Officer] of [City, County, State of Residence of Executive Officer] (Employee").

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AMENDMENT TO THE DEFERRED COMPENSATION AGREEMENT DATED AUGUST 12, 1993
Deferred Compensation • June 16th, 2006 • Union Bankshares Co/Me • State commercial banks

This Amendment, made and entered into this 23rd day of December, 1999, by and between Union Trust Company of Ellsworth, a Bank organized and existing under the laws of the State of Maine, hereinafter referred to as the, "Bank", and [Name of Executive Officer], a Key Employee of the Bank, hereinafter referred to as the, "Employee", shall effectively amend the Deferred Compensation Agreement dated August 12, 1993 as specifically set forth herein.

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