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Exhibit 10.2
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WAIVER
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In consideration for the benefits I will receive as a result of
my employer's participation in the United States Department of the
Treasury's TARP Capital Purchase Program, I hereby voluntarily
waive any claim against the United States or my employer for any
changes to my compensation or benefits that are required to comply
with the regulation issued by the Department of the Treasury as
published in the Federal Register on October 20, 2008.
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I acknowledge that this regulation may require modification of
the compensation, bonus, incentive and other benefit plans,
arrangements, policies and agreements (including so-called "golden
parachute" agreements) that I have with my employer or in which I
participate as they relate to the period the United States holds
any equity or debt securities of my employer acquired through the
TARP Capital Purchase Program.
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This waiver includes all claims I may have under the laws of the
United States or any state related to the requirements imposed by
the aforementioned regulation, including without limitation a claim
for any compensation or other payments I would otherwise receive,
any challenge to the process by which this regulation was adopted
and any tort or constitutional claim about the effect of these
regulations on my employment relationship.
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/s/ Donald R. Blanchette
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Donald R. Blanchette
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Date: December 12, 2008
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<PAGE>
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WAIVER
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In consideration for the benefits I will receive as a result of
my employer's participation in the United States Department of the
Treasury's TARP Capital Purchase Program, I hereby voluntarily
waive any claim against the United States or my employer for any
changes to my compensation or benefits that are required to comply
with the regulation issued by the Department of the Treasury as
published in the Federal Register on October 20, 2008.
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I acknowledge that this regulation may require modification of
the compensation, bonus, incentive and other benefit plans,
arrangements, policies and agreements (including so-called "golden
parachute" agreements) that I have with my employer or in which I
participate as they relate to the period the United States holds
any equity or debt securities of my employer acquired through the
TARP Capital Purchase Program.
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This waiver includes al
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