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NHTB > SEC Filings for NHTB > Form 8-K on 14-Nov-2013All Recent SEC Filings

Show all filings for NEW HAMPSHIRE THRIFT BANCSHARES INC | Request a Trial to NEW EDGAR Online Pro



Change in Directors or Principal Officers, Financial Statemen

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Consulting Agreement

In connection with the acquisition of Central Financial Corporation, on November 12, 2013, New Hampshire Thrift Bancshares, Inc. (the "Company") and Lake Sunapee Bank, fsb (the "Bank") entered into a consulting services letter agreement (the "Consulting Agreement") with Steven H. Dimick, a member of the Company's and Bank's board of directors. Pursuant to the Consulting Agreement, Mr. Dimick will assist with various projects, including transition services, maintaining relationships with customers, community organizations and vendors, and otherwise assisting with special projects as may be requested by the Company. The Consulting Agreement has an initial term commencing on November 1, 2013 and ending on April 30, 2014. The Company may terminate or extend the initial term of the Consulting Agreement at any time upon 30 days' advance notice to Mr. Dimick. Mr. Dimick will receive a monthly consulting fee of $7,000.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are filed herewith:

  No.                                     Description

10.1         Consulting Services Letter Agreement by and between the Company, the
             Bank and Steven H. Dimick, dated November 6, 2013

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