Looking for an agreement? Search from over 1 million agreements now.

Amend. To Change Of Ctrl Severance Agreement W/edward Andrejko

This is an actual contract by BSB Bancorp.
Browse the agreement preview below and buy the entire agreement for $35

Sectors: Banking
Effective Date: December 29, 1995
Search This Document
EXHIBIT 10.5


AMENDMENT TO CHANGE OF CONTROL
SEVERANCE AGREEMENT


This Amendment to Change of Control Severance Agreement ("Amendment") is entered into as of December 29, 1995, by and among BSB Bancorp, Inc. (the "Corporation"), a Delaware corporation, its wholly-owned subsidiary BSB Bank & Trust Company, as successor to Binghamton Savings Bank ("Employer"), and EDWARD ANDREJKO, ("Executive").


WITNESSETH:


WHEREAS, the Corporation, Employer and Executive have heretofore entered into a Change of Control Severance Agreement (the "Agreement") dated as of November 2, 1990; and


WHEREAS, the parties desire to amend the Agreement;


NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein and in the Agreement, and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree as follows:


1. A new Subsection (d) is added at the end of Section 2 of the
Agreement, to read as follows:


(d) Notwithstanding any other provision of this Agreement or of any
other agreement, contract, or understanding heretofore or hereafter entered
into between Executive and the Corporation or Employer (or any subsidiary
or affiliate of either of them), except an agreement, contract, or
understanding hereafter entered into that
-- End of Preview --
Home| About Us| FAQ| Subscription | Contact Us |