SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN OF NEW HAMPSHIRE THRIFT BANCSHARES, INC

Contract Categories: Human Resources - Retirement Agreements
EX-10.9 2 newhampshire_ex10-9.htm AMENDMENT TO THE SUPPL EXECUTIVE RETIREMENT PLAN

 

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

OF

NEW HAMPSHIRE THRIFT BANCSHARES, INC

 

 

 

AMENDMENT NO. 1

 

DOCUMENT:                 WA01 ###-###-####

DRAFT DATE:              02/10/06

 

BOARD OF DIRECTORS

APPROVAL DATE:             MARCH 9, 2006

 

AMENDMENT

 

1.            Article III - Subsection 3.2(b)(ii) of the Plan shall be amended, effective as of March 9, 2006, by adding the following language to the end thereof:

 

Notwithstanding the foregoing, this subsection 3.2(b)(ii) shall not apply to an Executive who is first selected for participation in the Plan after January 1, 2006 such that the Supplemental Credit to such Executive shall be made only pursuant to subsection shall be made under subsection 3.2(b)(i).

IN WITNESS WHEREOF, this Amendment has been executed by the undersigned officer of New Hampshire Thrift Bancshares, Inc. pursuant to authority given by resolution of the Board of Directors.

 

 

NEW HAMPSHIRE THRIFT BANCSHARES, INC.

 

 

By         /s/        Stephen W. Ensign                            

 

Name:

Stephen W. Ensign

 

 

Title:

Chairman, President & CEO