Supplemental Executive Retirement Agreements between Rurban Financial Corp. and Executive Officers

Contract Categories: Human Resources › Retirement Agreements
Summary

Rurban Financial Corp. has entered into Supplemental Executive Retirement Agreements with several of its executive officers, including Duane L. Sinn, Henry R. Thiemann, Jeffrey D. Sewell, and Mark K. Klein. These agreements, effective March 1, 2006, provide retirement benefits to the executives and are substantially identical to a previously filed agreement with Kenneth A. Joyce, the company's President and CEO. The agreements outline the company's commitment to provide supplemental retirement compensation to these officers upon their retirement.

Read More Arrow
EX-10.12 5 l18773aexv10w12.txt EX-10.12 EXHIBIT 10.12 SCHEDULE A TO EXHIBIT 10.11 Rurban Financial Corp. (the "Registrant") has entered into Supplemental Executive Retirement Agreements with the executive officers of the Registrant identified below, which Supplemental Executive Retirement Agreements are substantially identical to the Supplemental Executive Retirement Agreement, executed March 13, 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 10.11 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2005 (the "2005 Form 10-K"). 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 Supplemental Executive Retirement Agreements similar to that included as Exhibit 10.11 to the 2005 Form 10-K:
EFFECTIVE DATE EXECUTION DATE NAME CURRENT OFFICES HELD WITH REGISTRANT OF AGREEMENT OF AGREEMENT Duane L. Sinn Executive Vice President and Chief March 1, 2006 March 9, 2006 Financial Officer of Rurban Financial Corp.; Treasurer and Director of Rurban Operations Corp. Henry R. Thiemann President, Chief Executive Officer and March 1, 2006 March 9, 2006 Director of Exchange Bank; President, Chief Executive Officer and Director of RFCBC, Inc.; President and Director of Rurban Mortgage Company Jeffrey D. Sewell President, Chief Executive Officer and March 1, 2006 March 10, 2006 Director of Rurban Operations Corp.; Director of Rurbanc Data Services, Inc.; Director of Reliance Financial Services, N.A. Mark K. Klein President, Chief Executive Officer and March 1, 2006 March 9, 2006 Director of The State Bank and Trust Company and Director of Rurban Operations Corp.