First Amendment to Supplemental Executive Retirement Agreements between Rurban Financial Corp. and Executive Officers
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Summary
Rurban Financial Corp. has entered into First Amendments to Supplemental Executive Retirement Agreements with several of its executive officers, including Duane L. Sinn, Henry R. Thiemann, and Mark A. Klein. These amendments, effective as of March 1, 2006, update the retirement benefit terms for these executives. The agreements outline the company's obligations to provide supplemental retirement benefits, with some subject to regulatory approval. The amendments are substantially identical to a previously filed agreement with the company's President and CEO.
EX-10.3 4 l21750aexv10w3.htm EX-10.3 EX-10.3
Exhibit 10.3
SCHEDULE A
TO
EXHIBIT 10.2
TO
EXHIBIT 10.2
Rurban Financial Corp. (the Registrant) has entered into First Amendments to Supplemental Executive Retirement Agreements with the executive officers of the Registrant identified below, which First Amendments to Supplemental Executive Retirement Agreements are substantially identical to the First Amendment to Supplemental Executive Retirement Agreement, executed May 16, 2006 and effective as of March 1, 2006, by and between the Registrant and Kenneth A. Joyce, President and Chief Executive Officer of the Registrant, a copy of which was filed as Exhibit 10.2 to the Registrants Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2006 (the June 30, 2006 Form 10-Q).
In accordance with Rule 12b-31 promulgated under the Securities Exchange Act of 1934 and Item 601(b)(10)(iii) of Regulation S-K, the following table identifies those executive officers of the Registrant with whom the Registrant has entered into First Amendments to Supplemental Executive Retirement Agreements similar to that included as Exhibit 10.2 to the June 30, 2006 Form 10-Q:
Effective Date | Execution Date | |||||
Name | Current Offices Held with Registrant | of Agreement | of Agreement | |||
Duane L. Sinn | Executive Vice President and Chief Financial Officer of Rurban Financial Corp.; Treasurer and Director of Rurban Operations Corp. | March 1, 2006 | May 17, 2006 | |||
Henry R. Thiemann | President, Chief Executive Officer and Director of Exchange Bank; President, Chief Executive Officer and Director of RFCBC, Inc. | March 1, 2006* | May 19, 2006 | |||
Mark A. Klein | President, Chief Executive Officer and Director of The State Bank and Trust Company | March 1, 2006 | May 30, 2006 |
* | Remains subject to approval by the Federal Reserve Board and the FDIC. |