THIRD AMENDMENT TO THE
EXECUTIVE SUPPLEMENTAL RETIREMENT
INCOME AGREEMENT
FOR ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Upon mutual consent and for valuable consideration hereby recognized, this
Third Amendment to the Executive Supplemental Retirement Income Agreement (the
"Agreement") for ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (the "Executive"), dated this 21st day of June,
2002, is for the purpose of amending the Agreement as follows:
PARAGRAPH 3 of EXHIBIT A to the Agreement shall be amended, in part, to
read as follows:
3. Supplemental Retirement Income Benefit means an actuarially determined
annual amount equal to One Hundred and Twenty-One Thousand and Fifteen
Dollars ($121,015) at age 65 if paid entirely from the Accrued Benefit
Account or Seventy-Seven Thousand Four Hundred and Fifty Dollars ($77,450)
at age 65 if paid from the Retirement Income Trust Fund.
PARAGRAPH 4 of EXHIBIT A to the Agreement shall be amended to read as
follows:
Plan Year Amount
--------- ------
1997 $11,867
1998 16,684
1999 19,371
2000 22,390
2001 30,270
2002 50,731
2003 57,541
2004 65,069
2005 73,385
2006 82,564
2007 92,686
2008 103,840
2009 116,123
2010 129,638
2011 144,501
2012 131,367
IN WITNESS WHEREOF, the Bank, the Holding Company and the Executive
have caused this Third Amendment to be executed on this, the 21st day of June,
2002.
WITNESS: UNITEDTRUST BANK:
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ By:/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
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Title: EVP, Gen. Counsel & Sect.
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WITNESS: UNITEDTRUST BANCORP
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ By:/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
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Title: VP, Gen. Counsel & Sect.
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WITNESS: EXECUTIVE:
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ /s/ Warrant ▇. ▇▇▇▇▇▇▇
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