Terms of Change in Control Agreement with an executive officer, dated December 21, 2010

EX-10.49 5 exhibit10b.htm EXHIBIT 10.49 TO FORM 10-K FOR YEAR ENDED DECEMBER 31, 2010 exhibit10b.htm
 
 
 
EXHIBIT 10.49
TERMS OF CHANGE IN CONTROL AGREEMENT WITH AN EXECUTIVE OFFICER
 

The form of Change in Control Agreement (the “Agreement”), filed as Exhibit 10.2 to the Registrant’s Quarterly Report on From 10-Q for the quarterly period ended June 30, 2009, contains blanks where the multiple of the executive’s base amount and the term of continued benefits provided under the Agreement vary for certain executives.  The executive officers who entered into the Agreement, the multiple of the executive’s base amount and the term of continued benefits provided under the Agreement are listed in the following chart:

 
Number of
Times Base
Amount
Term of
Continued
Benefits
Executive Officer
Section (4 a)
Section (4 b & c)
Barbara J. Perino
    
Executive Vice President, Operations and Technology of the Bank
2 times
24 months