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 Executive’s Base Compensation (resulting in a total possible Supplemental Credit of thirty-five percent (35%) of Base Compensation in any calendar year).