0001193125-16-582251 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • May 9th, 2016 • Lake Sunapee Bank Group • Savings institution, federally chartered • New Hampshire

This Settlement Agreement (the “Agreement”) is entered into as of May 5, 2016 by and among H. Bliss Dayton (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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SETTLEMENT AGREEMENT
Settlement Agreement • May 9th, 2016 • Lake Sunapee Bank Group • Savings institution, federally chartered • 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”).

SETTLEMENT AGREEMENT
Settlement Agreement • May 9th, 2016 • Lake Sunapee Bank Group • Savings institution, federally chartered • New Hampshire

This Settlement Agreement (the “Agreement”) is entered into as of May 5, 2016 by and among Stephen Ensign (the “Consultant”), 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”).

SETTLEMENT AGREEMENT
Settlement Agreement • May 9th, 2016 • Lake Sunapee Bank Group • Savings institution, federally chartered • New Hampshire

This Settlement Agreement (the “Agreement”) is entered into as of May 5, 2016 by and among Stephen R. Theroux (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”).

AGREEMENT AND PLAN OF MERGER DATED AS OF MAY 5, 2016 BY AND BETWEEN BAR HARBOR BANKSHARES AND LAKE SUNAPEE BANK GROUP
Agreement and Plan of Merger • May 9th, 2016 • Lake Sunapee Bank Group • Savings institution, federally chartered • Maine

This AGREEMENT AND PLAN OF MERGER (this “Agreement”) is dated as of May 5, 2016, by and between Bar Harbor Bankshares, a Maine corporation (“BHB”), and Lake Sunapee Bank Group, a Delaware corporation (“LSBG”).

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