Consulting Agreement Between Tri City National Bank and William J. Werry
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Consulting Agreements
Summary
Tri City National Bank has engaged William J. Werry, a retired unit bank President and current director, as an independent consultant to advise Chairman Karbiner on various matters. Mr. Werry receives an annual consulting fee of $16,800, paid monthly, in addition to his director compensation. The Board of Directors approves his compensation each year. The arrangement outlines his advisory role and compensation terms.
EX-10.5 6 exh105.txt CONSULTING ARRANGEMENTS WITH DIRECTOR Exhibit 10.5 Description of Consulting Arrangement Between Registrant and Mr. William J. Werry William J. Werry, a retired unit bank President, has been retained as an independent consultant advising Chairman Karbiner on a range of matter. His annual compensation is approved annually by the Board of Directors of Tri City National Bank. His current annual compensation for these services is $16,800, payable monthly, and is in addition to his compensation as director.