0001193125-16-582252 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • May 9th, 2016 • Bar Harbor Bankshares • State commercial banks • New Hampshire

This Settlement Agreement (the “Agreement”) is entered into as of May 5, 2016 by and among Sharon Whitaker (the “Officer”), Bar Harbor Bankshares, a bank holding company (“Buyer”), Bar Harbor Bank & Trust, a wholly-owned subsidiary of Buyer (“Buyer Bank”), Lake Sunapee Bank Group, a bank holding company (“Seller”), and Lake Sunapee, FSB, a wholly-owned subsidiary of Seller (“Seller Bank”).

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EMPLOYMENT AGREEMENT
Employment Agreement • May 9th, 2016 • Bar Harbor Bankshares • State commercial banks • Maine

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made this 5th day of May, 2016, by and between BAR HARBOR BANKSHARES, a Maine corporation with its headquarters located in Bar Harbor, Maine (the “Company”), BAR HARBOR BANK & TRUST, a wholly-owned subsidiary of the Company (the “Bank”) (together, the “Employer”), and WILLIAM J. MCIVER, residing at the address on file with the Employer (the “Executive”).

SETTLEMENT AGREEMENT
Settlement Agreement • May 9th, 2016 • Bar Harbor Bankshares • State commercial banks • New Hampshire

This Settlement Agreement (the “Agreement”) is entered into as of May 5, 2016 by and among William J. McIver (the “Executive”), Bar Harbor Bankshares, a bank holding company (“Buyer”), Bar Harbor Bank & Trust, a wholly-owned subsidiary of Buyer (“Buyer Bank”), Lake Sunapee Bank Group, a bank holding company (“Seller”), and Lake Sunapee, FSB, a wholly-owned subsidiary of Seller (“Seller Bank”).

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