Split-Dollar Agreements Between Park National Corporation Subsidiaries and Directors

Contract Categories: Human Resources › Compensation Agreements
Summary

This document lists split-dollar agreements entered into between various directors of Park National Corporation and its subsidiaries, including Park National Bank, First-Knox National Bank, Century National Bank, and The Richland Trust Company. The agreements, which are identical to a previously filed split-dollar agreement, outline arrangements regarding life insurance benefits for the directors. Each agreement specifies the director, the subsidiary involved, and the date of the agreement. The main obligation is the provision of life insurance benefits under the terms set forth in the referenced agreement.

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EX-10.4 6 l12650aexv10w4.txt EXHIBIT 10.4 SCHEDULE A TO EXHIBIT 10.4 The following directors of Park National Corporation ("Park") entered into Split-Dollar Agreements with the subsidiaries of Park identified below which are identical to the Split-Dollar Agreement, dated September 3, 1993, between Leon Zazworsky and The Park National Bank ("Park National Bank") filed as Exhibit 10.3 to Park's Annual Report on Form 10-K for the fiscal year ended December 31, 2003 (File No. 1-13006):
Subsidiary of Park which is a Party to Date of Split-Dollar Name of Director Split-Dollar Agreement Agreement - ---------------- -------------------------------------- -------------------- Maureen Buchwald The First-Knox National Bank of Mount Vernon May 22, 1998 ("First-Knox National Bank") James J. Cullers First-Knox National Bank May 22, 1998 F. William Englefield IV Park National Bank September 2, 1993 R. William Geyer Century National Bank October 4, 1993 Michael J. Menzer Park National Bank April 28, 1999 John J. O'Neill Park National Bank September 2, 1993 J. Gilbert Reese Park National Bank September 8, 1993 Rick R. Taylor The Richland Trust Company September 29, 1993