AMENDMENT
EX-10.13 2 dex1013.htm AMENDMENT TO THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN Amendment to the Supplemental Executive Retirement Plan
Exhibit 10.13
AMENDMENT NO. 2 | ||||||
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN | ||||||
OF | DOCUMENT: | WA01 ###-###-#### | ||||
NEW HAMPSHIRE THRIFT BANCSHARES, INC | DRAFT DATE: | 3/14/07 | ||||
BOARD OF DIRECTORS | ||||||
APPROVAL DATE: | 3/27/07 |
AMENDMENT
1. | ARTICLE III A new subsection 3.2(d) of the Plan shall be added, effective for the calendar 2007 plan year, to read as follows: |
(d) In addition to the Supplemental Credits described in this Section 3.2, the Administrator may make additional discretionary Supplemental Credits to the Memorandum Account of any Participant for a calendar year; provided, however, that in no calendar year may the amount of such discretionary Supplemental Credit exceed twenty-five percent (25%) of the Executives Base Compensation (resulting in a total possible Supplemental Credit of thirty-five percent (35%) of Base Compensation in any calendar year).