Deferred Compensation Agreement Sample Contracts

Southside Bancshares, Inc. – Deferred Compensation Agreement (February 28th, 2018)

This Agreement shall be binding upon and inure to the benefit of EXECUTIVE, his heirs and personal representative, and BANK and its successors and assigns and supersedes all prior agreements between EXECUTIVE and BANK regarding deferred compensation. It is specifically agreed that this is not a contract of employment between the parties hereto and nothing herein shall restrict the right of BANK to discharge EXECUTIVE, with or without cause, or restrict the right of EXECUTIVE to terminate his employment. However, termination of employment by EXECUTIVE prior to retirement for any reason not specifically entitling EXECUTIVE to compensation under the preceding terms of this Agreement shall terminate all obligations of BANK hereunder.

Southside Bancshares, Inc. – Deferred Compensation Agreement (February 28th, 2018)

This Agreement shall be binding upon and inure to the benefit of EXECUTIVE, his heirs and personal representative, and BANK and its successors and assigns and supersedes all prior agreements between EXECUTIVE and BANK regarding deferred compensation. It is specifically agreed that this is not a contract of employment between the parties hereto and nothing herein shall restrict the right of BANK to discharge EXECUTIVE, with or without cause, or restrict the right of EXECUTIVE to terminate his employment. However, termination of employment by EXECUTIVE prior to retirement for any reason not specifically entitling EXECUTIVE to compensation under the preceding terms of this Agreement shall terminate all obligations of BANK hereunder.

Simmons First National Corporation – Deferred Compensation Agreement (February 28th, 2018)

THIS AGREEMENT, made and entered into by and between Simmons First National Corporation ("Employer") and Marty D. Casteel ("Employee"), WITNESSETH:

American Equity Investment Life Holding Company – American Equity Marketing Officers Deferred Compensation Agreement (February 23rd, 2018)

THIS AGREEMENT made effective as of this 1st day of January 1998, by and between AMERICAN EQUITY INVESTMENT LIFE INSURANCE COMPANY and its subsidiaries (hereinafter referred to collectively as the "Company"), a corporation organized under the laws of the State of Iowa, and Ron Grensteiner, an individual residing in West Des Moines, Iowa "Employee").

Jacksonville Bancorp Inc/Md – Amendment No. 1 to the Deferred Compensation Agreement With Dean H. Hess (January 18th, 2018)

This AMENDMENT NO. 1 (this "Amendment") to the deferred compensation agreement between Jacksonville Savings Bank (the "Bank") and Dean H. Hess is hereby entered on January 17, 2018.

Jacksonville Bancorp Inc/Md – Amendment No. 1 to the Deferred Compensation Agreement With John C. Williams (January 18th, 2018)

This AMENDMENT NO. 1 (this "Amendment") to the deferred compensation agreement between Jacksonville Savings Bank (the "Bank") and John C. Williams is hereby entered on January 17, 2018.

Jacksonville Bancorp Inc/Md – Amendment No. 1 to the Deferred Compensation Agreement With Dean H. Hess (January 18th, 2018)

This AMENDMENT NO. 1 (this "Amendment") to the deferred compensation agreement between Jacksonville Savings Bank (the "Bank") and Dean H. Hess is hereby entered on January 17, 2018.

Jacksonville Bancorp Inc/Md – Amendment No. 1 to the Deferred Compensation Agreement With John C. Williams (January 18th, 2018)

This AMENDMENT NO. 1 (this "Amendment") to the deferred compensation agreement between Jacksonville Savings Bank (the "Bank") and John C. Williams is hereby entered on January 17, 2018.

Peapack-Gladstone Financial Corporation – Deferred Compensation Agreement (November 8th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement"), adopted this 4th day of August, 2017, by and between Peapack-Gladstone Bank located in Bedminster, New Jersey (the "Employer"), and Finn M. W. Caspersen, Jr. (the "Executive"), formalizes the agreements and understanding between the Employer and the Executive.

Peapack-Gladstone Financial Corporation – Deferred Compensation Agreement (November 8th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement"), adopted this 4th day of August, 2017, by and between Peapack-Gladstone Bank located in Bedminster, New Jersey (the "Employer"), and John P. Babcock (the "Executive"), formalizes the agreements and understanding between the Employer and the Executive.

Peapack-Gladstone Financial Corporation – Deferred Compensation Agreement (November 8th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement"), adopted this 4th day of August, 2017, by and between Peapack-Gladstone Bank located in Bedminster, New Jersey (the "Employer"), and Douglas L. Kennedy (the "Executive"), formalizes the agreements and understanding between the Employer and the Executive.

Peapack-Gladstone Financial Corporation – Deferred Compensation Agreement (November 8th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement"), adopted this 4th day of August, 2017, by and between Peapack-Gladstone Bank located in Bedminster, New Jersey (the "Employer"), and Jeffrey J. Carfora (the "Executive"), formalizes the agreements and understanding between the Employer and the Executive.

Peapack-Gladstone Financial Corporation – Deferred Compensation Agreement (August 7th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement"), adopted this 4th day of August, 2017, by and between Peapack-Gladstone Bank located in Bedminster, New Jersey (the "Employer"), and Finn M. W. Caspersen, Jr. (the "Executive"), formalizes the agreements and understanding between the Employer and the Executive.

Peapack-Gladstone Financial Corporation – Deferred Compensation Agreement (August 7th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement"), adopted this 4th day of August, 2017, by and between Peapack-Gladstone Bank located in Bedminster, New Jersey (the "Employer"), and Douglas L. Kennedy (the "Executive"), formalizes the agreements and understanding between the Employer and the Executive.

Peapack-Gladstone Financial Corporation – Deferred Compensation Agreement (August 7th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement"), adopted this 4th day of August, 2017, by and between Peapack-Gladstone Bank located in Bedminster, New Jersey (the "Employer"), and John P. Babcock (the "Executive"), formalizes the agreements and understanding between the Employer and the Executive.

Peapack-Gladstone Financial Corporation – Deferred Compensation Agreement (August 7th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement"), adopted this 4th day of August, 2017, by and between Peapack-Gladstone Bank located in Bedminster, New Jersey (the "Employer"), and Jeffrey J. Carfora (the "Executive"), formalizes the agreements and understanding between the Employer and the Executive.

Riverview Financial Corp – Amended and Restated Deferred Compensation Agreement (June 29th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT (this Agreement), adopted this 22nd day of JUNE, 2015, by and between Riverview Bank, located in Marysville, Pennsylvania (hereinafter referred to as the Employer), and Robert Garst (hereinafter referred to as the Executive), formalizes the agreements and understanding between the Employer and the Executive. The Employer is the wholly owned subsidiary of Riverview Financial Corporation (the Corporation).

FFBW, Inc. – First Federal Bank of Wisconsin Deferred Compensation Agreement (June 14th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT FOR EDWARD H. SCHAEFER (the "Agreement") is effective as of May 24, 2017, and is entered into by First Federal Bank of Wisconsin (the "Bank") and Edward H. Schaefer ("Executive").

FFBW, Inc. – Amended and Restated Deferred Compensation Agreement With Gary D. Riley (June 14th, 2017)

THIS AMENDED AND RESTATED AGREEMENT was originally entered into on 12th day of June, 2015 (the "Prior Agreement") and this agreement is hereby amended and restated as of May 24, 2017 (the "Agreement"), by and between FIRST FEDERAL BANK OF WISCONSIN, a federally chartered savings bank having its principal place of business in the city of Waukesha, Wisconsin, hereinafter called "Bank," party of the first part, and Gary D. Riley, hereinafter called "Executive," party of the second part.

Connecticut Water Service, Inc. – Deferred Compensation Agreement (May 8th, 2017)

THIS AGREEMENT (the "Deferred Compensation Agreement") is entered into this 8th day of December 2011 by and between Connecticut Water Service, Inc. ("CWS", with CWS and its subsidiaries or affiliates hereinafter collectively referred to as the "Employer") and Richard Knowlton, a resident of Camden, Maine (hereinafter referred to as the "Employee").

Southside Bancshares, Inc. – Deferred Compensation Agreement (April 28th, 2017)

This Agreement shall be binding upon and inure to the benefit of EXECUTIVE, his heirs and personal representative, and BANK and its successors and assigns and supersedes all prior agreements between EXECUTIVE and BANK regarding deferred compensation. It is specifically agreed that this is not a contract of employment between the parties hereto and nothing herein shall restrict the right of BANK to discharge EXECUTIVE, with or without cause, or restrict the right of EXECUTIVE to terminate his employment. However, termination of employment by EXECUTIVE prior to retirement for any reason not specifically entitling EXECUTIVE to compensation under the preceding terms of this Agreement shall terminate all obligations of BANK hereunder.

Simmons First National Corporation – Deferred Compensation Agreement (February 28th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT made and entered into by and between Simmons First National Corporation ("Employer") and Robert A. Fehlman ("Employee") is an amendment and restatement of the "Deferred Compensation Agreement" executed by the parties on January 25, 2010.

Simmons First National Corporation – Deferred Compensation Agreement (February 28th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT made and entered into by and between Simmons First National Corporation ("Employer") and Robert A. Fehlman ("Employee") is an amendment and restatement of the "Deferred Compensation Agreement" executed by the parties on January 25, 2010.

Simmons First National Corporation – Deferred Compensation Agreement (February 28th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT made and entered into by and between Simmons First National Corporation ("Company") and Barry K. Ledbetter ("Employee") is an amendment and restatement of the "Deferred Compensation Agreement" executed by the parties on June 1, 2014.

Simmons First National Corporation – Deferred Compensation Agreement (February 28th, 2017)

THIS DEFERRED COMPENSATION AGREEMENT made and entered into by and between Simmons First National Corporation ("Company") and Barry K. Ledbetter ("Employee") is an amendment and restatement of the "Deferred Compensation Agreement" executed by the parties on June 1, 2014.

Supplemental Deferred Compensation Agreement (February 22nd, 2017)

1994, by and between Manufacturers and Traders Trust (hereinafter referred to as the "Company") and Brian J. Hickey, an individual residing at 73 Caversham Woods, Pittsford, NY 14534 (hereinafter referred to as "Executive").

Deferred Compensation Agreement (February 22nd, 2017)

THIS DEFERRED COMPENSATION AGREEMENT ("Agreement") is made and entered into by THE SOUTHERN COMPANY, ("Southern"), SOUTHERN COMPANY SERVICES, INC. ("SCS"), ALABAMA POWER COMPANY (the "Company") (collectively the "Southern Parties") and MARK A. CROSSWHITE ("Employee"), this 30th day of July, 2008 ("Effective Date").

Connecticut Water Service, Inc. – [First/Second] Amendment to [Amended and Restated] Deferred Compensation Agreement (December 16th, 2016)

THIS AMENDMENT is made this ____ day of December, 2016 by and between The Connecticut Water Company (together with any affiliated companies hereinafter collectively referred to as the "Employer"), and _____________ (hereinafter referred to as the "Employee").

Diego Pellicer Worldwide, Inc. Deferred Compensation Agreement (October 11th, 2016)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement") is made and entered into as of _______________, 2016, by and between _________________ (the "Executive") and Diego Pellicer Worldwide, Inc., a Delaware corporation (the "Company"). This Agreement is intended to restructure the Company's debt owed to the Executive through June 1, 2016, representing accrued salary and fees in the aggregate amount of _________________(the "Debt"), and the Company and the Executive hereto agree as follows:

Community Partners Bancorp – Deferred Compensation Agreement (September 9th, 2016)

THIS DEFERRED COMPENSATION AGREEMENT (this "Agreement"), adopted this 1st day of September, 2016, by and between Two River Community Bank, located in Middletown, New Jersey (the "Employer"), and William Moss (the "Executive"), formalizes the agreements and understanding between the Employer and the Executive.

FB Financial Corp – Firstbank Deferred Compensation Agreement (September 6th, 2016)

This Deferred Compensation Agreement (the Agreement), effective as of December 31, 2014, is executed on this 28th day of April, 2015, by and between First South Bancorp, Inc., a Tennessee corporation (the Company), FirstBank, a Tennessee state bank wholly-owned by the Company (the Employer), and Christopher T. Holmes (the Executive).

Connecticut Water Service, Inc. – Deferred Compensation Agreement (May 9th, 2016)

THIS DEFERRED COMPENSATION AGREEMENT (the "Deferred Compensation Agreement") is made this 10th day of December, 2015 and between The Connecticut Water Company, a Connecticut corporation (together with any affiliated companies hereinafter collectively referred to as the "Employer") and Robert J. Doffek, a resident of Rocky Hill, Connecticut (hereinafter referred to as the "Employee").

Wisconsin Power & Light Co – Amendment to the Ies Industries Inc. Amended and Restated Key Employee Deferred Compensation Agreement (February 24th, 2016)

WHEREAS, IE Industries Inc. and, as amended, IES Industries Inc. (the "Company", including its wholly owned subsidiaries), has established a Key Employee Deferred Compensation Agreement, which agreement was amended and restated as of the first day of July, 1990 (the "Amended Agreement"); and

SL Green Realty – Deferred Compensation Agreement (2016) (February 12th, 2016)

This Deferred Compensation Agreement (2016) (the "Agreement") is entered into as of the 10th day of February, 2016 (the "Effective Date"), by and between SL Green Realty Corp. (the "Company") and Marc Holliday (the "Executive").

Form of Deferred Compensation Agreement for Non-Employee Director Fees (July 31st, 2015)

This Deferred Compensation Agreement (this "Agreement"), dated as of [___________], is made by and between AV Homes, Inc., a Delaware corporation (the "Company"), and you, [____________], a non-employee director of the Company, pursuant to the AV Homes, Inc. 2015 Incentive Compensation Plan (the "Plan"). To the extent any capitalized term used in this Agreement is not defined, it shall have the meaning assigned to it in the Plan as it currently exists or as it may be amended in the future.