UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):    March 28, 2008
                                                  ------------------------------

                            SALISBURY BANCORP, INC.
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               (Exact name of registrant as specified in charter)

         Connecticut                 000-24751                   06-1514263
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(State or other jurisdiction        (Commission                (IRS Employer
     of incorporation)              File Number)             Identification No.)

5 Bissell Street, Lakeville, Connecticut                         06039-1868
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(Address of principal executive offices)                         (zip code)

Registrant's telephone number, including area code:  (860) 435-9801
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          (Former Name or Former Address, if Changed Since Last Report)


Check the  appropriate  box below if the Form 8-K is intended to  simultaneously
satisfy the filing  obligations  of the  registrant  under any of the  following
provisions (see General Instructions A.2. below):

[_]   Written  communications  pursuant to Rule 425 under the Securities Act (12
      C.F.R. 230.425)

[_]   Soliciting  material  pursuant  to Rule 14a-2 under the  Exchange  Act (17
      C.F.R. 240.14a-12)

[_]   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 C.F.R. 240.14d-2(b))

[_]   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 C.F.R. 240.13e-4(c))

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

         On March 28, 2008,  the Board of Directors of Salisbury  Bank and Trust
Company (the "Bank"),  the wholly-owned banking subsidiary of Salisbury Bancorp,
Inc.  (the   "Corporation"),   approved   Change  in  Control   Agreements  (the
"Agreements")  with  the  following  executive  officers  of the  Bank : John F.
Perotti,  Richard J. Cantele,  Jr., John F. Foley,  Todd M. Clinton,  Diane E.R.
Johnstone, Joseph C. Law, Lana J. Morrison, Sharon A. Pilz, Geoffrey A. Talcott,
Melanie K. Neely, Gerard J. Baldwin,  Darrell S. Long, Elizabeth A. Summerville,
Diane Farrell and Roberta Reed (the "Executives").

         The  Agreements  provide  that if  following a "Change in Control"  (as
defined  in the  Agreements)  of  the  Company  or the  Bank,  an  Executive  is
terminated  or  is  reassigned  under  certain   circumstances  defined  in  the
Agreements  within a period of  twelve  (12)  months  following  such  Change in
Control,  such  Executive will be entitled to a lump sum payment equal to his or
her annual compensation based upon the most recent aggregate base salary paid to
the Executive in the twelve (12) month period  immediately  preceding his or her
termination or  reassignment.  In addition,  for twelve (12) months  following a
Change in Control, certain specified insurance benefits shall continue in effect
on terms and  conditions  at least as favorable to the  Executives as maintained
immediately  prior to the Change in Control.  In no event shall such payments be
made in an amount that would cause them to be deemed  non-deductible to the Bank
by reason of the  operation of Section 280G of the Internal  Revenue  Code.  The
Agreements  provide  that  they  shall  be  administered  in a  manner,  and all
provisions  shall be  interpreted  to be,  compliant  with  Section  409A of the
Internal  Revenue  Code.  The purpose of the  Agreements  is to provide  certain
potential  benefits to the Executives solely in the event of a Change in Control
and do not provide a contract  for  employment.  The  Agreements  will expire on
September  30,  2010,  provided  that if a "Change in Control"  occurs  prior to
September 30, 2010, the Agreements shall remain in effect for twelve (12) months
after the date on which any such Change in Control is consummated.

         A copy of the form of the Agreements is attached as Exhibit 10.1.

Item 9.01   Financial Statements and Exhibits.

            (a)      Not Applicable.

            (b)      Not Applicable.

            (c)      Not Applicable.

            (d)      Exhibits.
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                     10.1.  Form of Change in  Control Agreement dated March 28,
                            2008.


<PAGE>


                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereto duly authorized.


Dated: March 28, 2008                  SALISBURY BANCORP, INC.


                                       By:    /s/ John F. Perotti
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                                            John F. Perotti
                                            Chairman and Chief Executive Officer