The Simsbury Bank & Trust Company Supplemental Executive Retirement AgreementSupplemental Executive Retirement Agreement • March 28th, 2013 • SBT Bancorp, Inc. • State commercial banks • Connecticut
This SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT (this “Agreement”) is adopted this 24th day of October, 2012, by and between THE SIMSBURY BANK & TRUST COMPANY a state-chartered commercial bank located in Simsbury, Connecticut (the “Bank”), and GARY W. BURDICK (the “Executive”).
The Simsbury Bank & Trust Company, Inc. Split Dollar Life Insurance AgreementDollar Life Insurance Agreement • March 28th, 2013 • SBT Bancorp, Inc. • State commercial banks • Connecticut
The Employee may irrevocably assign without consideration all of the Employee’s Interest in this Agreement to any person, entity, or trust. In the event the Employee shall transfer all of the Employee’s Interest, then all of the Employee's Interest in this Agreement shall be vested in the Employee’s transferee, who shall be substituted as a party hereunder, and the Employee shall have no further interest in this Agreement.
CHANGE IN CONTROL SEVERANCE AGREEMENT SIMSBURY BANK AND TRUST COMPANYControl Severance Agreement • March 28th, 2013 • SBT Bancorp, Inc. • State commercial banks • Connecticut
This Agreement is made and entered into, effective as of the 24th day of October, 2012, by and between Simsbury Bank & Trust Company, a state bank and trust company with its principal office and place of business at 981 Hopmeadow Street, Simsbury, Connecticut 06070 (“Bank”) and Gary W. Burdick, a resident of West Simsbury, Connecticut (“Executive”).
