EXHIBIT 10.35 THIRD AMENDMENT TO THE WASHINGTON TRUST COMPANY NONQUALIFIED DEFERRED COMPENSATION PLAN AS AMENDED AND RESTATED EFFECTIVE AS OF JANUARY 1, 2008

EX-10.35 4 exhibit103510k2016q4.htm EXHIBIT 10.35 TO FORM 10-K 12-31-16 Exhibit

EXHIBIT 10.35

THIRD AMENDMENT TO

THE WASHINGTON TRUST COMPANY

NONQUALIFIED DEFERRED COMPENSATION PLAN

AS AMENDED AND RESTATED EFFECTIVE AS OF JANUARY 1, 2008


A.	WHEREAS, The Washington Trust Company (the “Company”) maintains The Washington Trust Company Nonqualified Deferred Compensation Plan, as amended and restated effective as of January 1, 2008, as subsequently amended (the “Plan”), for the benefit of its eligible employees; and

WHEREAS, the Company desires to amend the Plan; and

WHEREAS, the Company has reserved the right to amend the Plan by action of its Compensation and Human Resources Committee; and

WHEREAS, the Compensation and Human Resources Committee of the Company has authorized the following amendment to the Plan;

NOW, THEREFORE, the Company hereby amends the Plan as follows:

1.Section 1.27 of the Plan is hereby amended by deleting said Section in its entirety and substituting the following in lieu thereof:

“1.27 Spouse. An opposite-gender or same-gender person to whom the Participant is lawfully married at the time of the Participant’s death.”


B.	The effective date of this Third Amendment is as of June 26, 2013.

C.In all other respects said Plan is hereby confirmed.

IN WITNESS WHEREOF, the Company has caused this Third Amendment to be executed by its duly authorized officer this 13^th day of August, 2013.

THE WASHINGTON TRUST COMPANY


By:	/s/ Joseph J. MarcAurele

Joseph J. MarcAurele

Chairman, President and Chief Executive Officer