Schedule of Split-Dollar Agreements Between Park National Bank and Executive Officers

Contract Categories: Human Resources › Compensation Agreements
Summary

This document lists executive officers and directors of Park National Corporation and its subsidiary, The Park National Bank, who have entered into Split-Dollar Agreements with the bank. These agreements, which are identical to a prior agreement dated May 17, 1993, provide certain life insurance benefits to the listed individuals. The schedule identifies the parties, their positions, and the dates the agreements were executed. The agreements are part of the bank's compensation and benefits arrangements for key executives.

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EX-10.3B 6 c81592exv10w3b.htm EXHIBIT 10.3(B) Exhibit 10.3(b)
Exhibit 10.3(b)
Schedule identifying Split-Dollar Agreements covering executive officers or employees of The
Park National Bank or one of its divisions who are also directors or executive officers of Park
National Corporation, which Split-Dollar Agreements are identical to the Split-Dollar
Agreement, dated May 17, 1993, between William T. McConnell and The Park National Bank
     The following individuals entered into the Split-Dollar Agreements identified below, which Split-Dollar Agreements are identical to the Split-Dollar Agreement, dated May 17, 1993, between William T. McConnell, Chairman of the Executive Committee of the Board of Directors and a director of each of Park and The Park National Bank (“Park National Bank”), and Park National Bank, filed as Exhibit 10(f) to Park’s Annual Report on Form 10-K for the fiscal year ended December 31, 1993 (File No. 0-18772):
         
        Subsidiary of Park
Name and Positions Held With Park   Date of Split-   which is Party to
and/or Principal Subsidiaries of Park   Dollar Agreement   Split-Dollar Agreement
 
        
C. Daniel DeLawder — Chairman of the Board, Chief Executive Officer and a director of each of Park and Park National Bank; a director of Vision Bank
  May 26, 1993   Park National Bank
 
        
John W. Kozak — Chief Financial Officer of Park; Senior Vice President, Chief Financial Officer and a director of Park National Bank
  June 2, 1993   Park National Bank
 
        
William A. Phillips — a director of Park; Chairman and a Member of the Advisory Board of Century National Bank, a division of Park National Bank
  May 22, 1998   Park National Bank (as successor by merger to Century National Bank)
 
        
David L. Trautman — President, Secretary and a director of Park; President and a director of Park National Bank
  September 23, 1993   Park National Bank