Renewal Employment Agreement between Gregory A. Duncan and Susquehanna Bancshares, Inc.

Summary

This agreement renews the employment of Gregory A. Duncan with Susquehanna Bancshares, Inc. for an additional three years, starting January 16, 2002. The renewal continues under the terms of the original employment agreement dated March 14, 2001, as amended, with a base salary set at $286,000 per year. Both parties have agreed to these terms, and the agreement is signed by company representatives.

EX-10.2 4 dex102.htm RENEWAL EMPLOYMENT AGREEMENT FOR GREGORY A. DUNCAN Renewal Employment Agreement for Gregory A. Duncan
 
Exhibit 10.2
 
RENEWAL OF
 
EMPLOYMENT AGREEMENT BETWEEN
 
GREGORY A. DUNCAN AND
 
SUSQUEHANNA BANCSHARES, INC.
 
As of Wednesday, January 16, 2002 employment of Gregory A. Duncan is hereby deemed to be renewed for three (3) years under the terms and conditions per the employment agreement dated March 14, 2001, but effective as of February 28, 2001, as amended.
 
The base salary as per Section 4.1 will be $286,000 per year.
 
Attest:
  
SUSQUEHANNA BANCSHARES, INC.
      
/s/ Lisa M. Cavage                                         
  
By: /s/ William J. Reuter                                     
Secretary
  
President and Chief Executive Officer
      
(SEAL)
    
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