Income Agreement Sample Contracts

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Gelesis Inc – Royalty and Sublicense Income Agreement (April 1st, 2015)

This ROYALTY ASSIGNMENT AGREEMENT (the Agreement), dated as of December 18, 2009, is by and among (i) PureTech Ventures, LLC, a Delaware limited liability company, (PureTech), (ii) Gelesis, Inc., a Delaware corporation, (Gelesis-US) and (iii) Gelesis LP (formerly AML-Dienstein B. V.), a Bermudan limited partnership (Gelesis-Bermuda and collectively with Gelesis-US, Gelesis).

Gelesis Inc – GELESIS INC. Nonstatutory Stock Option Agreement Granted Under 2006 Stock Incentive Plan (April 1st, 2015)
Quaint Oak Bancorp Inc – Quaint Oak Bank Executive Survivor Income Agreement (January 16th, 2015)

THIS EXECUTIVE SURVIVOR INCOME AGREEMENT (this "Agreement") is made as of this 14th day of January, 2015 by and between Quaint Oak Bank, a Pennsylvania-chartered savings bank with its main office in Southampton, Pennsylvania (the "Bank") and Robert T. Strong, the Bank's President and Chief Executive Officer (the "Employee").

Quaint Oak Bancorp Inc – Quaint Oak Bank Executive Survivor Income Agreement (January 16th, 2015)

THIS EXECUTIVE SURVIVOR INCOME AGREEMENT (this "Agreement") is made as of this 14th day of January, 2015 by and between Quaint Oak Bank, a Pennsylvania-chartered savings bank with its main office in Southampton, Pennsylvania (the "Bank") and John J. Augustine, the Bank's Chief Financial Officer and Treasurer (the "Employee").

Quaint Oak Bancorp Inc – Quaint Oak Bank Employee Survivor Income Agreement (January 16th, 2015)

THIS EMPLOYEE SURVIVOR INCOME AGREEMENT (this "Agreement") is made as of this 14th day of January, 2015 by and between Quaint Oak Bank, a Pennsylvania-chartered savings bank with its main office in Southampton, Pennsylvania (the "Bank") and Curt Schulmeister, the Bank's Chief Lending Officer (the "Employee").

Wilson Bank Holding Co – Wilson Bank & Trust Executive Survivor Income Agreement (April 18th, 2014)

THIS EXECUTIVE SURVIVOR INCOME AGREEMENT is made this 14th day of April, 2014, by and between Wilson Bank & Trust with its main office in Lebanon, Tennessee, (Bank), and Lisa Pominski (Executive).

Wilson Bank Holding Co – Wilson Bank & Trust Executive Survivor Income Agreement (April 18th, 2014)

THIS EXECUTIVE SURVIVOR INCOME AGREEMENT is made this 14th day of April, 2014, by and between Wilson Bank & Trust with its main office in Lebanon, Tennessee, (Bank), and Gary Whitaker (Executive).

Wilson Bank Holding Co – Wilson Bank & Trust Director Survivor Income Agreement (April 18th, 2014)

THIS DIRECTOR SURVIVOR INCOME AGREEMENT is made this 14th day of April, 2014, by and between Wilson Bank & Trust with its main office in Lebanon, Tennessee, (Bank), and Jack Bell (Director).

Wilson Bank Holding Co – Wilson Bank & Trust Director Survivor Income Agreement (April 18th, 2014)

THIS DIRECTOR SURVIVOR INCOME AGREEMENT is made this 14th day of April, 2014, by and between Wilson Bank & Trust with its main office in Lebanon, Tennessee, (Bank), and James Comer (Director).

Wilson Bank Holding Co – Wilson Bank & Trust Executive Survivor Income Agreement (April 18th, 2014)

THIS EXECUTIVE SURVIVOR INCOME AGREEMENT is made this 14th day of April, 2014, by and between Wilson Bank & Trust with its main office in Lebanon, Tennessee, (Bank), and John McDearman (Executive).

Wilson Bank Holding Co – Wilson Bank & Trust Director Survivor Income Agreement (April 18th, 2014)

THIS DIRECTOR SURVIVOR INCOME AGREEMENT is made this 14th day of April, 2014, by and between Wilson Bank & Trust with its main office in Lebanon, Tennessee, (Bank), and Herbert Elmer Richerson (Director).

Wilson Bank Holding Co – Wilson Bank & Trust Director Survivor Income Agreement (April 18th, 2014)

THIS DIRECTOR SURVIVOR INCOME AGREEMENT is made this 14th day of April, 2014, by and between Wilson Bank & Trust with its main office in Lebanon, Tennessee, (Bank), and James Patton (Director).

Wilson Bank Holding Co – Wilson Bank & Trust Director Survivor Income Agreement (April 18th, 2014)

THIS DIRECTOR SURVIVOR INCOME AGREEMENT is made this 14th day of April, 2014, by and between Wilson Bank & Trust with its main office in Lebanon, Tennessee, (Bank), and James Randall Clemons (Director).

Hometrust Bancshares Inc. – Amended and Restated Supplemental Income Agreement (March 9th, 2012)

This Amended and Restated Supplemental Income Agreement is entered into as of the 12th day of April, 2005 between Industrial Federal Savings Bank, a federally chartered savings bank having its principal office in Lexington, North Carolina (The Bank) and Sidney Biesecker (The Employee).

Coastal Banking Company, Inc. – First Amendment to Cbc National Bank Executive Supplemental Income Agreement (October 8th, 2010)
Coastal Banking Company, Inc. – Executive Supplemental Income Agreement (April 20th, 2010)

THIS AGREEMENT is made this 1st day of May, 2009 by and between CBC National Bank, Fernandina Beach, Florida (the "Employer") and Class 2 Officer, a highly compensated or management employee (the "Officer"). The mutual rights, duties, and obligations of the parties to this Agreement are intended to constitute a top-hat plan (i.e., an unfunded deferred compensation plan maintained for a member of a select group of management or highly compensated employees) pursuant to Sections 201(2), 301(a)(3), and 40l(a)(1) of the Employee Retirement Income Security Act of 1974 ("ERISA").

Jacksonville Bancorp Inc/Md – Deferred Income Agreement Dean H. Hess Chapin State Bank Chapin, Illinois July 1, 1982 (March 12th, 2010)

This Agreement is entered into this first day of July, 1982, between CHAPIN STATE BANK, P.O. Box 278, Chapin, Illinois 62628 (herein referred to as the "Bank") and DEAN H. HESS, R.R. #1, Jacksonville, Illinois 62650 (herein referred to as the "Director").

Jacksonville Bancorp Inc/Md – Deferred Income Agreement John C. Williams Chapin State Bank Chapin, Illinois July 1, 1982 (March 12th, 2010)

This Agreement is entered into this first day of July, 1982, between CHAPIN STATE BANK, P.O. Box 278, Chapin, Illinois 62628 (herein referred to as the "Bank") and JOHN C. WILLIAMS, Ash Street, Chapin, Illinois 62628 (herein referred to as the "Director").

Premier West Bancorp – Premierwest Bank Executive Survivor Income Agreement (March 18th, 2009)

THIS EXECUTIVE SURVIVOR INCOME AGREEMENT is made this 12th day of November, 2002, by and between PremierWest Bank, an Oregon-chartered, FDIC-insured bank with its main office in Medford, Oregon (the Bank), and Tom Anderson (the Executive).

Premier West Bancorp – Premierwest Bank Executive Survivor Income Agreement (March 18th, 2009)

THIS EXECUTIVE SURVIVOR INCOME AGREEMENT is made this 12th day of November, 2002, by and between PremierWest Bank, an Oregon-chartered, FDIC-insured bank with its main office in Medford, Oregon (the Bank), and John L. Anhorn, President & Chief Executive Officer (the Executive).

Premier West Bancorp – Premierwest Bank Executive Survivor Income Agreement (March 18th, 2009)

THIS EXECUTIVE SURVIVOR INCOME AGREEMENT is made this 12th day of November, 2002, by and between PremierWest Bank, an Oregon-chartered, FDIC-insured bank with its main office in Medford, Oregon (the Bank), and Rich Hieb (the Executive).

First South Bancorp Inc – Amendment to the Supplemental Income Agreement by and Between First South Bank and Sherry L. Correll (March 11th, 2009)

This Amendment to the Supplemental Income Agreement by and between FIRST SOUTH BANK (the "Bank") and Sherry L. Correll ("Executive") is entered into as of December 26, 2008.

Brookline Bancorp, Inc. – Amendment No. 3 to the Supplemental Retirement Income Agreement by and Between Brookline Bank and Richard P. Chapman, Jr. (December 18th, 2008)

THIS AMENDMENT NO. 3 (this "Amendment") to the Supplemental Retirement Income Agreement (the "Agreement") by and between Brookline Bank (the "Bank") and Richard P. Chapman, Jr. (the "Executive") is made and entered into effective as of December 31, 2004.

Brookline Bancorp, Inc. – 2005 Supplemental Retirement Income Agreement by and Between Brookline Bank and Richard P. Chapman, Jr. (December 18th, 2008)

THIS 2005 SUPPLEMENTAL RETIREMENT INCOME AGREEMENT (the "Agreement") by and between BROOKLINE BANK, a savings bank organized and existing under the laws of the Commonwealth of Massachusetts (the "Bank"), and RICHARD P. CHAPMAN, JR. (the "Executive") is adopted effective as of January 1, 2005. This Agreement shall in all respects be subject to the provisions set forth herein. The purpose of this Agreement is to provide certain retirement and death benefits to the Executive in addition to those that may be available to the Executive under the Bank's retirement and pension plans (the "Current Plans") and under the Supplemental Retirement Income Agreement by and between the Bank and the Executive, which was effective as of February 28, 1995 (the "Original Agreement").

Brookline Bancorp, Inc. – Amendment No. 3 to the Supplemental Retirement Income Agreement by and Between Brookline Bank and Charles H. Peck (December 18th, 2008)

THIS AMENDMENT NO. 3 (this "Amendment") to the Supplemental Retirement Income Agreement (the "Agreement") by and between Brookline Bank (the "Bank") and Charles H. Peck (the "Executive") is made and entered into effective as of December 31, 2004.

Brookline Bancorp, Inc. – 2005 Supplemental Retirement Income Agreement by and Between Brookline Bank and Charles H. Peck (December 18th, 2008)

THIS 2005 SUPPLEMENTAL RETIREMENT INCOME AGREEMENT (the "Agreement") by and between BROOKLINE BANK, a savings bank organized and existing under the laws of the Commonwealth of Massachusetts (the "Bank"), and CHARLES H. PECK (the "Executive") is adopted effective as of January 1, 2005. This Agreement shall in all respects be subject to the provisions set forth herein. The purpose of this Agreement is to provide certain retirement and death benefits to the Executive in addition to those that may be available to the Executive under the Bank's retirement and pension plans (the "Current Plans") and under the Supplemental Retirement Income Agreement by and between the Bank and the Executive, which was effective as of February 28, 1995 (the "Original Agreement").

ENB Financial Corp – Deferred Income Agreement Leon Z. Martin Ephrata National Bank Ephrata, Pa October 1, 1994 (August 13th, 2008)

This Agreement is entered into this 1st day of October, 1994, between EPHRATA NATIONAL BANK, 31 E. Main Street, Ephrata, PA 17522, (herein referred to as the "Bank") and LEON Z. MARTIN, RD #3, Ephrata, PA 17522 (herein referred to as the "Director").

Greater Community Bancorp – Amendment to Director Supplemental Retirement Income Agreement (June 25th, 2008)

This Amendment is made as of June 25, 2008 between Robert Soldoveri ("Director") and Greater Community Bank ("Bank"), a state chartered commercial bank having its principal place of business in New Jersey.

EMS TECHNOLOGIES, INC. Supplemental Retirement Income Agreement With Don T. Scartz (March 17th, 2008)

THIS SUPPLEMENTAL RETIREMENT INCOME AGREEMENT made and entered into as of this 16th day of November, 2007, by and between EMS Technologies, Inc., a Georgia corporation (EMS or the Company), and Don T. Scartz (the Employee).

Susquehanna Bancshares, Inc. – Community Banks, Inc. Survivor Income Agreement (February 29th, 2008)

THIS AGREEMENT is made the day of , 199 by and between COMMUNITY BANKS, INC., Millersburg, Pennsylvania, and THE PEOPLES STATE BANK, East Berlin, Pennsylvania, (collectively the Company), and EDDIE L. DUNKLEBARGER (the Executive).

Venture Financial Group Inc – Restated 1992 Directors' Deferred Income Agreement (December 20th, 2007)

THIS AGREEMENT is made and entered into effective as of December 19, 2007, by and between Venture Bank, a Washington state chartered bank (the "Bank"), and Ken Parsons, an individual residing in the State of Washington (the "Director").

Venture Financial Group Inc – Restated 1992 Directors' Deferred Income Agreement (December 20th, 2007)

THIS AGREEMENT is made and entered into effective as of December 19, 2007, by and between Venture Bank, a Washington state chartered bank (the "Bank"), and A. Richard Panowicz, an individual residing in the State of Washington (the "Director").

Brooklyn Federal Bancorp – EXECUTIVE SUPPLEMENTAL RETIREMENT INCOME AGREEMENT FOR RICHARD A. KIELTY BROOKLYN FEDERAL SAVINGS BANK Brooklyn, New York Initially Effective as of May 1, 2005 Amended and Restated Effective as of December 1, 2007 EXECUTIVE SUPPLEMENTAL RETIREMENT INCOME AGREEMENT (December 6th, 2007)

This Executive Supplemental Retirement Income Agreement ("Agreement"), which was initially effective as of the 1st day of May, 2005, by and between Brooklyn Federal Savings Bank, Brooklyn, New York, a stock savings bank organized and existing under the laws of the United States of America, hereinafter referred to as "Bank," and Richard A. Kielty, a key employee and executive hereinafter referred to as "Executive," is hereby amended and restated effective as of December 1, 2007, as provided herein.

Brooklyn Federal Bancorp – Executive Supplemental Retirement Income Agreement (December 6th, 2007)

This Executive Supplemental Retirement Income Agreement ("Agreement"), which was initially effective as of the 1st day of May, 2005, by and between Brooklyn Federal Savings Bank, Brooklyn, New York, a stock savings bank organized and existing under the laws of the United States of America, hereinafter referred to as "Bank," and Angelo J. Di Lorenzo, a key employee and executive hereinafter referred to as "Executive," is hereby amended and restated effective as of December 1, 2007, as provided herein.

KNBT Bancorp, Inc. – Amendment No. 2 to First Federal Savings and Loan Association of Hazleton Deferred Income Agreement (November 21st, 2007)

THIS AMENDMENT NO. 2 (this "Amendment") to the First Federal Savings and Loan Association of Hazleton Deferred Income Agreement (the "Agreement") is made and entered into effective as of November 15, 2007 by and among Keystone Nazareth Bank & Trust Company (the "Bank") and Thomas L. Kennedy (the "Executive").