Document:

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                                                                  Exhibit  10.18

                                                                 Prepared 6-3-02

                                CORNERSTONE BANK
                          SALARY CONTINUATION AGREEMENT

       THIS AGREEMENT is adopted this 7 day of June, 2002, by and between
CORNERSTONE BANK, a state-chartered commercial bank located in Stamford,
Connecticut (the "Company"), and M. JAY FORGOTSON (the "Executive").

                                  INTRODUCTION

       To encourage the Executive to remain an employee of the Company, the
Company is willing to provide salary continuation benefits to the Executive. The
Company will pay the benefits from its general assets.

                                    AGREEMENT

       The Company and the Executive agree as follows:

                                    ARTICLE 1
                                   DEFINITIONS

       Whenever used in this Agreement, the following words and phrases shall
have the meanings specified:

       1.1    "Code" means the Internal Revenue Code of 1986, as amended.

       1.2    "Disability" means the Executive's suffering a sickness, accident
or injury which has been determined by the carrier of any individual or group
disability insurance policy covering the Executive, or by the Social Security
Administration, to be a disability rendering the Executive totally and
permanently disabled. The Executive must submit proof to the Company of the
carrier's or Social Security Administration's determination upon the request of
the Company.

       1.3    "Effective Date" means April 1, 2002.

       1.4    "Involuntary Early Termination" means that the Executive, prior to
Normal Retirement Age, has been notified in writing, that Executive's employment
with the Company is terminated for reasons other than an approved leave of
absence, Termination for Cause, Disability, Voluntary Termination or Death.

       1.5    "Normal Retirement Age" means the Executive's 65th birthday.

       1.6    "Normal Retirement Date" means the later of the Normal Retirement
Age or Termination of Employment.

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       1.7    "Plan Year" means a twelve-month period commencing on April 1 and
ending on March 31 of each year. The initial Plan Year shall commence on the
effective date of this Agreement.

       1.8    "Termination of Employment" means that the Executive ceases to be
employed by the Company for any reason, voluntary or involuntary, other than by
reason of a leave of absence approved by the Company.

       1.9    "Voluntary Early Termination" means that the Executive, prior to
Normal Retirement Age, has terminated employment with the Company for reasons
other than an approved leave of absence, Termination for Cause, Disability,
Involuntary Termination or Death.

                                    ARTICLE 2
                                LIFETIME BENEFITS

       2.1    Normal Retirement Benefit. Upon Termination of Employment on or
after the Normal Retirement Age for reasons other than Death or Termination for
Cause, the Company shall pay to the Executive the benefit described in this
Section 2.1 in lieu of any other benefit under this Agreement.

              2.1.1  Amount of Benefit. The annual benefit under this Section
       2.1 is $100,700 (One Hundred Thousand Seven Hundred Dollars). The
       Company's Board of Directors, in its sole discretion, may increase the
       annual benefit under this Section 2.1.1; however, any increase shall
       require the recalculation of Schedule A.

              2.1.2  Payment of Benefit. The Company shall pay the annual
       benefit to the Executive in 12 equal monthly installments commencing with
       the month following the Executive's Normal Retirement Date, paying the
       annual benefit to the Executive for a period of 15 years.

              2.1.3  Benefit Increases. Commencing on the first anniversary of
       the first benefit payment, and continuing on each subsequent anniversary,
       the Company's Board of Directors, at its sole discretion, may increase
       the benefit.

       2.2    Voluntary Early Termination Benefit. Upon a Voluntary Early
Termination, the Executive may receive a benefit from the Company. Any benefit
paid under this Section 2.2 shall be paid in lieu of any other benefit under
this Agreement.

              2.2.1  Amount of Benefit. Upon the Executive's Voluntary Early
       Termination prior to November 27, 2003, no benefit shall be paid under
       this Agreement. Upon a Voluntary Early Termination between November 27,
       2003, and March 31, 2004, the Executive shall be 50 percent vested in the
       Normal Retirement Benefit set forth in Section 2.1.1 (the benefit shall
       equal 50 percent of the benefit in Section 2.1.1). After April 1, 2004,
       the benefit under this Section 2.2 is the Voluntary Early Termination
       Installment set forth in Schedule A for the Plan Year ending immediately
       prior to Termination of Employment, determined by continuing from the 50
       percent vesting set forth above and vesting the Executive in an
       additional 25 percent for each Plan Year thereafter until the Executive
       becomes 100 percent vested in the Normal

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       Retirement Benefit. An increase in the annual benefit under Section 2.1.1
       will require the recalculation of this benefit in Schedule A.

              2.2.2  Payment of Benefit. The Company shall pay the annual
       benefit to the Executive in 12 equal monthly installments commencing at
       Normal Retirement Age, paying the annual benefit to the Executive for a
       period of 15 years.

       2.3    Involuntary Early Termination Benefit. Upon an Involuntary Early
Termination, the Company shall pay to the Executive the benefit described in
this Section 2.3 in lieu of any other benefit under this Agreement.

              2.3.1  Amount of Benefit. The benefit under this Section 2.3 is
       the Involuntary Early Termination Installment set forth in Schedule A for
       the Plan Year ending immediately prior to Termination of Employment
       (except during the first Plan Year, the benefit is the amount set forth
       for Plan Year 1), determined by vesting the Executive in 100 percent of
       the Normal Retirement Benefit set forth in Section 2.1.1. An increase in
       the annual benefit under Section 2.1.1 will require the recalculation of
       this benefit in Schedule A.

              2.3.2  Payment of Benefit. The Company shall pay the annual
       benefit in this Section 2.3 to the Executive in 12 equal monthly
       installments commencing at Normal Retirement Age, paying the annual
       benefit to the Executive for a period of 15 years.

       2.4    Disability Benefit. If the Executive terminates employment due to
Disability prior to Normal Retirement Age, the Company shall pay to the
Executive the benefit described in this Section 2.4 in lieu of any other benefit
under this Agreement.

              2.4.1  Amount of Benefit. The benefit under this Section 2.4 is
       the Disability Annual Installment set forth in Schedule A for the Plan
       Year ending immediately prior to the date in which Termination of
       Employment occurs, determined by zero vesting if Termination of
       Employment is the result of a Disability occurring prior to November 27,
       2003, and then vesting the Executive in 100 percent of the Normal
       Retirement Benefit set forth in Section 2.1.1. An increase in the annual
       benefit under Section 2.1.1 will require the recalculation of this
       benefit in Schedule A.

              2.4.2  Payment of Benefit. The Company shall pay the annual
       benefit in this Section 2.4 to the Executive in 12 equal monthly
       installments commencing with the month following Normal Retirement Age,
       paying the annual benefit to the Executive for a period of 15 years.

              2.4.3  Benefit Increases. Benefit payments may be increased as
       provided in Section 2.1.3.

                                    ARTICLE 3
                                 DEATH BENEFITS

       3.1    Death During Active Service. If the Executive dies while in the
active service of the

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Company, the Company shall pay to the Executive's beneficiary the benefit
described in this Section 3.1. This benefit shall be paid in lieu of the
benefits under Article 2.

              3.1.1  Amount of Benefit. The annual benefit under this Section
       3.1 is the Normal Retirement Benefit amount described in Section 2.1.1.

              3.1.2  Payment of Benefit. The Company shall pay the annual
       benefit to the Executive's beneficiary in 12 equal monthly installments
       commencing with the month following the Executive's death, paying the
       annual benefit to the Executive's beneficiary for a period of 15 years.
       The Executive's beneficiary may petition the Company to pay the present
       value of this death benefit in a lump sum and the Company, in its sole
       discretion, may accept or deny said petition.

       3.2    Death During Payment of a Lifetime Benefit. If the Executive dies
after any Lifetime Benefit payments have commenced under Article 2 of this
Agreement but before receiving all such payments, the Company shall pay the
remaining benefits to the Executive's beneficiary at the same time and in the
same amounts they would have been paid to the Executive had the Executive
survived.

       3.3    Death After Termination of Employment But Before Payment of a
Lifetime Benefit Commences. If the Executive is entitled to a Lifetime Benefit
under Article 2 of this Agreement, but dies prior to the commencement of said
benefit payments, the Company shall pay the same benefit payments to the
Executive's beneficiary that the Executive was entitled to prior to death except
that the benefit payments shall commence on the first day of the month following
the date of the Executive's death.

                                    ARTICLE 4
                                  BENEFICIARIES

       4.1    Beneficiary Designations. The Executive shall designate a
beneficiary by filing a written designation with the Company. The Executive may
revoke or modify the designation at any time by filing a new designation.
However, designations will only be effective if signed by the Executive and
received by the Company during the Executive's lifetime. The Executive's
beneficiary designation shall be deemed automatically revoked if all designated
beneficiaries (primary and contingent) predecease the Executive, or if the
Executive names a spouse as beneficiary (either primary or contingent) and the
marriage is subsequently dissolved. If the Executive dies without a valid
beneficiary designation, all payments shall be made to the Executive's estate.

       4.2    Facility of Payment. If a benefit is payable to a minor, to a
person declared incompetent, or to a person incapable of handling the
disposition of his or her property, the Company may pay such benefit to the
guardian, legal representative or person having the care or custody of such
minor, incompetent person or incapable person. The Company may require proof of
incompetence, minority or guardianship as it may deem appropriate prior to
distribution of the benefit. Such distribution shall completely discharge the
Company from all liability with respect to such benefit.

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                                    ARTICLE 5
                               GENERAL LIMITATIONS

       5.1    Termination for Cause. Notwithstanding any provision of this
Agreement to the contrary, the Company shall not pay any benefit under this
Agreement if the Company terminates the Executive's employment for:

              (a)    Gross negligence or gross neglect of duties;
              (b)    Commission of a felony or of a misdemeanor involving moral
       turpitude; or
              (c)    Fraud, dishonesty or willful violation of any law or
       significant Company policy committed in connection with the Executive's
       employment and resulting in a material adverse effect on the Company.

       5.2    Suicide or Misstatement. The Company shall not pay any benefit
under this Agreement if the Executive commits suicide within three years after
the date of this Agreement. In addition, the Company shall not pay any benefit
under this Agreement if the Executive has made any material misstatement of fact
on an employment application or resume provided to the Company, or on any
application for any benefits provided by the Company to the Executive.

       5.3    Competition After Termination of Employment. The Company shall not
pay any benefit under this Agreement if the Executive, within 18 months after
Termination of Employment, without the prior written consent of the Company,
engages in, becomes interested in, directly or indirectly, as a sole proprietor,
as a partner in a partnership, or as a substantial shareholder in a corporation,
or becomes associated with, in the capacity of employee, director, officer,
principal, agent, trustee or in any other capacity whatsoever, any enterprise
located in Fairfield County, which enterprise is, or may deemed to be by the
Company, competitive with any business carried on by the Company, including, but
not limited to entities which lend money and take deposits, as of the date of
termination of the Executive's employment or retirement from the Company. This
section shall not apply following an Involuntary Early Termination.

                                    ARTICLE 6
                          CLAIMS AND REVIEW PROCEDURES

       6.1    Claims Procedure. An Executive or beneficiary ("claimant") who has
not received benefits under the Agreement that he or she believes should be paid
shall make a claim for such benefits as follows:

              6.1.1  Initiation - Written Claim. The claimant initiates a claim
       by submitting to the Company a written claim for the benefits.

              6.1.2  Timing of Company Response. The Company shall respond to
       such claimant within 45 days after receiving the claim. If the Company
       determines that special circumstances require additional time for
       processing the claim, the Company can extend the response period by an
       additional 45 days by notifying the claimant in writing, prior to the end
       of the initial 45-

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       day period, that an additional period is required. The notice of
       extension must set forth the special circumstances and the date by which
       the Company expects to render its decision.

              6.1.3  Notice of Decision. If the Company denies part or all of
       the claim, the Company shall notify the claimant in writing of such
       denial. The Company shall write the notification in a manner calculated
       to be understood by the claimant. The notification shall set forth:

                     (a)    The specific reasons for the denial;
                     (b)    A reference to the specific provisions of the
              Agreement on which the denial is based;
                     (c)    A description of any additional information or
              material necessary for the claimant to perfect the claim and an
              explanation of why it is needed;
                     (d)    An explanation of the Agreement's review procedures
              and the time limits applicable to such procedures; and
                     (e)    A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a) following an adverse benefit
              determination on review.

       6.2    Review Procedure. If the Company denies part or all of the claim,
the claimant shall have the opportunity for a full and fair review by the
Company of the denial, as follows:

              6.2.1  Initiation - Written Request. To initiate the review, the
       claimant, within 60 days after receiving the Company's notice of denial,
       must file with the Company a written request for review.

              6.2.2  Additional Submissions - Information Access. The claimant
       shall then have the opportunity to submit written comments, documents,
       records and other information relating to the claim. The Company shall
       also provide the claimant, upon request and free of charge, reasonable
       access to, and copies of, all documents, records and other information
       relevant (as defined in applicable ERISA regulations) to the claimant's
       claim for benefits.

              6.2.3  Considerations on Review. In considering the review, the
       Company shall take into account all materials and information the
       claimant submits relating to the claim, without regard to whether such
       information was submitted or considered in the initial benefit
       determination.

              6.2.4  Timing of Company Response. The Company shall respond in
       writing to such claimant within 45 days after receiving the request for
       review. If the Company determines that special circumstances require
       additional time for processing the claim, the Company can extend the
       response period by an additional 45 days by notifying the claimant in
       writing, prior to the end of the initial 45-day period, that an
       additional period is required. The notice of extension must set forth the
       special circumstances and the date by which the Company expects to render
       its decision.

              6.2.5  Notice of Decision. The Company shall notify the claimant
       in writing of its decision on review. The Company shall write the
       notification in a manner calculated to be

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       understood by the claimant. If the Company's decision is to deny the
       claim in whole or part, the notification shall set forth:

                     (a)    The specific reasons for the denial;
                     (b)    A reference to the specific provisions of the
              Agreement on which the denial is based;
                     (c)    A statement that the claimant is entitled to
              receive, upon request and free of charge, reasonable access to,
              and copies of, all documents, records and other information
              relevant (as defined in applicable ERISA regulations) to the
              claimant's claim for benefits; and
                     (d)    A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a).

                                    ARTICLE 7
                           AMENDMENTS AND TERMINATION

       This Agreement may be amended or terminated only by a written agreement
signed by the Company and the Executive, except this agreement may be terminated
for cause in accordance with Article 5.1.

                                    ARTICLE 8
                                  MISCELLANEOUS

       8.1    Binding Effect. This Agreement shall bind the Executive and the
Company, and their beneficiaries, survivors, executors, successors,
administrators and transferees.

       8.2    No Guarantee of Employment. This Agreement is not an employment
policy, an employment agreement or an employment contract. It does not give the
Executive the right to remain an employee of the Company, nor does it interfere
with the Company's right to discharge the Executive. It also does not require
the Executive to remain an employee nor interfere with the Executive's right to
terminate employment at any time.

       8.3    Non-Transferability. Benefits under this Agreement cannot be sold,
transferred, assigned, pledged, attached or encumbered in any manner.

       8.4    Reorganization. The Company shall not merge or consolidate into or
with another company, or reorganize, or sell substantially all of its assets to
another company, firm, or person unless such succeeding or continuing company,
firm, or person agrees to assume and discharge the obligations of the Company
under this Agreement. Upon the occurrence of such event, the term "Company" as
used in this Agreement shall be deemed to refer to the successor, continuing or
survivor company, firm or person.

       8.5    Tax Withholding. The Company shall withhold any taxes that are
required to be withheld from the benefits provided under this Agreement.

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       8.6    Applicable Law. The Agreement and all rights hereunder shall be
governed by the laws of the State of Connecticut, except to the extent preempted
by the laws of the United States of America.

       8.7    Unfunded Arrangement. The Executive and beneficiary are general
unsecured creditors of the Company for the payment of benefits under this
Agreement. The benefits represent the mere unsecured promise by the Company to
pay such benefits. The rights to benefits are not subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance,
attachment, or garnishment by creditors. Any insurance on the Executive's life
is a general asset of the Company to which the Executive and beneficiary have no
preferred or secured claim.

       8.8    Entire Agreement. This Agreement constitutes the entire agreement
between the Company and the Executive as to the subject matter hereof. No rights
are granted to the Executive by virtue of this Agreement other than those
specifically set forth herein.

       8.9    Administration. The Company shall have powers which are necessary
to administer this Agreement, including but not limited to:

              (a)    Establishing and revising the method of accounting for the
       Agreement;
              (b)    Maintaining a record of benefit payments; and
              (c)    Establishing rules and prescribing any forms necessary or
       desirable to administer the Agreement.

       8.10   Named Fiduciary. The Company shall be the named fiduciary and plan
administrator under this Agreement. It may delegate to others certain aspects of
its management and operational responsibilities under this Agreement, including
the employment of advisors and the delegation of ministerial duties to qualified
individuals.

       IN WITNESS WHEREOF, the Executive and the Company have signed this
Agreement.

EXECUTIVE:                              COMPANY:

                                        CORNERSTONE BANK

   /s/ M. Jay Forgotson                 By        /s/ James P. Jakubek
------------------------------             -------------------------------------
M. Jay Forgotson                                     James P. Jakubek

                                        Title    President

                                        8<PAGE>

                                                                  Exhibit  10.19

                                                                 Prepared 6-3-02
                                CORNERSTONE BANK
                          SALARY CONTINUATION AGREEMENT

        THIS AGREEMENT is adopted this 7TH day of JUNE, 2002, by and between
CORNERSTONE BANK, a state-chartered commercial bank located in Stamford,
Connecticut (the "Company"), and PAUL READER (the "Executive").

                                  INTRODUCTION

        To encourage the Executive to remain an employee of the Company, the
Company is willing to provide salary continuation benefits to the Executive. The
Company will pay the benefits from its general assets.

                                    AGREEMENT

        The Company and the Executive agree as follows:

                                    ARTICLE 1
                                   DEFINITIONS

        Whenever used in this Agreement, the following words and phrases shall
have the meanings specified:

        1.1     "Code" means the Internal Revenue Code of 1986, as amended.

        1.2     "Disability" means the Executive's suffering a sickness,
accident or injury which has been determined by the carrier of any individual or
group disability insurance policy covering the Executive, or by the Social
Security Administration, to be a disability rendering the Executive totally and
permanently disabled. The Executive must submit proof to the Company of the
carrier's or Social Security Administration's determination upon the request of
the Company.

        1.3     "Effective Date" means April 1, 2002.

        1.4     "Involuntary Early Termination" means that the Executive, prior
to Normal Retirement Age, has been notified in writing, that Executive's
employment with the Company is terminated for reasons other than an approved
leave of absence, Termination for Cause, Disability, Voluntary Termination or
Death.

        1.5     "Normal Retirement Age" means the Executive's 65th birthday.

        1.6     "Normal Retirement Date" means the later of the Normal
Retirement Age or Termination of Employment.

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        1.7     "Plan Year" means a twelve-month period commencing on April 1
and ending on March 31 of each year. The initial Plan Year shall commence on the
effective date of this Agreement.

        1.8     "Termination of Employment" means that the Executive ceases to
be employed by the Company for any reason, voluntary or involuntary, other than
by reason of a leave of absence approved by the Company.

        1.9     "Voluntary Early Termination" means that the Executive, prior to
Normal Retirement Age, has terminated employment with the Company for reasons
other than an approved leave of absence, Termination for Cause, Disability,
Involuntary Termination or Death.

                                    ARTICLE 2
                                LIFETIME BENEFITS

        2.1     Normal Retirement Benefit. Upon Termination of Employment on or
after the Normal Retirement Age for reasons other than Death or Termination for
Cause, the Company shall pay to the Executive the benefit described in this
Section 2.1 in lieu of any other benefit under this Agreement.

                2.1.1   Amount of Benefit. The annual benefit under this Section
        2.1 is $113,200 (One Hundred Thirteen Thousand Two Hundred Dollars). The
        Company's Board of Directors, in its sole discretion, may increase the
        annual benefit under this Section 2.1.1; however, any increase shall
        require the recalculation of Schedule A.

                2.1.2   Payment of Benefit. The Company shall pay the annual
        benefit to the Executive in 12 equal monthly installments commencing
        with the month following the Executive's Normal Retirement Date, paying
        the annual benefit to the Executive for a period of 15 years.

                2.1.3   Benefit Increases. Commencing on the first anniversary
        of the first benefit payment, and continuing on each subsequent
        anniversary, the Company's Board of Directors, at its sole discretion,
        may increase the benefit.

        2.2     Voluntary Early Termination Benefit. Upon a Voluntary Early
Termination, the Executive may receive a benefit from the Company. Any benefit
paid under this Section 2.2 shall be paid in lieu of any other benefit under
this Agreement.

                2.2.1   Amount of Benefit. Upon the Executive's Voluntary Early
        Termination, the benefit under this Section 2.2 is the Voluntary Early
        Termination Installment set forth in Schedule A for the Plan Year ending
        immediately prior to Termination of Employment, determined by vesting
        the Executive in 100 percent of the Normal Retirement Benefit set forth
        in Section 2.1.1. An increase in the annual benefit under Section 2.1.1
        will require the recalculation of this benefit in Schedule A.

                2.2.2   Payment of Benefit. The Company shall pay the annual
        benefit to the Executive in 12 equal monthly installments commencing at
        Normal Retirement Age, paying the annual

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        benefit to the Executive for a period of 15 years.

        2.3     Involuntary Early Termination Benefit. Upon an Involuntary Early
Termination, the Company shall pay to the Executive the benefit described in
this Section 2.3 in lieu of any other benefit under this Agreement.

                2.3.1   Amount of Benefit. The benefit under this Section 2.3 is
        the Involuntary Early Termination Installment set forth in Schedule A
        for the Plan Year ending immediately prior to Termination of Employment
        (except during the first Plan Year, the benefit is the amount set forth
        for Plan Year 1), determined by vesting the Executive in 100 percent of
        the Normal Retirement Benefit set forth in Section 2.1.1. An increase in
        the annual benefit under Section 2.1.1 will require the recalculation of
        this benefit in Schedule A.

                2.3.2   Payment of Benefit. The Company shall pay the annual
        benefit in this Section 2.3 to the Executive in 12 equal monthly
        installments commencing at Normal Retirement Age, paying the annual
        benefit to the Executive for a period of 15 years.

        2.4     Disability Benefit. If the Executive terminates employment due
to Disability prior to Normal Retirement Age, the Company shall pay to the
Executive the benefit described in this Section 2.4 in lieu of any other benefit
under this Agreement.

                2.4.1   Amount of Benefit. The benefit under this Section 2.4 is
        the Disability Annual Installment set forth in Schedule A for the Plan
        Year ending immediately prior to the date in which Termination of
        Employment occurs (except during the first Plan Year, the benefit is the
        amount set forth for Plan Year 1), determined by vesting the Executive
        in 100 percent of the Normal Retirement Benefit set forth in Section
        2.1.1. An increase in the annual benefit under Section 2.1.1 will
        require the recalculation of this benefit in Schedule A.

                2.4.2   Payment of Benefit. The Company shall pay the annual
        benefit in this Section 2.4 to the Executive in 12 equal monthly
        installments commencing with the month following Normal Retirement Age,
        paying the annual benefit to the Executive for a period of 15 years.

                2.4.3   Benefit Increases. Benefit payments may be increased as
        provided in Section 2.1.3.

                                    ARTICLE 3
                                 DEATH BENEFITS

        3.1     Death During Active Service. If the Executive dies while in the
active service of the Company, the Company shall pay to the Executive's
beneficiary the benefit described in this Section 3.1. This benefit shall be
paid in lieu of the benefits under Article 2.

                3.1.1   Amount of Benefit. The annual benefit under this Section
        3.1 is the Normal Retirement Benefit amount described in Section 2.1.1.

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                3.1.2   Payment of Benefit. The Company shall pay the annual
        benefit to the Executive's beneficiary in 12 equal monthly installments
        commencing with the month following the Executive's death, paying the
        annual benefit to the Executive's beneficiary for a period of 15 years.
        The Executive's beneficiary may petition the Company to pay the present
        value of this death benefit in a lump sum and the Company, in its sole
        discretion, may accept or deny said petition.

        3.2     Death During Payment of a Lifetime Benefit. If the Executive
dies after any Lifetime Benefit payments have commenced under Article 2 of this
Agreement but before receiving all such payments, the Company shall pay the
remaining benefits to the Executive's beneficiary at the same time and in the
same amounts they would have been paid to the Executive had the Executive
survived.

        3.3     Death After Termination of Employment But Before Payment of a
Lifetime Benefit Commences. If the Executive is entitled to a Lifetime Benefit
under Article 2 of this Agreement, but dies prior to the commencement of said
benefit payments, the Company shall pay the same benefit payments to the
Executive's beneficiary that the Executive was entitled to prior to death except
that the benefit payments shall commence on the first day of the month following
the date of the Executive's death.

                                   ARTICLE 4
                                 BENEFICIARIES

        4.1     Beneficiary Designations. The Executive shall designate a
beneficiary by filing a written designation with the Company. The Executive may
revoke or modify the designation at any time by filing a new designation.
However, designations will only be effective if signed by the Executive and
received by the Company during the Executive's lifetime. The Executive's
beneficiary designation shall be deemed automatically revoked if all designated
beneficiaries (primary and contingent) predecease the Executive, or if the
Executive names a spouse as beneficiary (either primary or contingent) and the
marriage is subsequently dissolved. If the Executive dies without a valid
beneficiary designation, all payments shall be made to the Executive's estate.

        4.2     Facility of Payment. If a benefit is payable to a minor, to a
person declared incompetent, or to a person incapable of handling the
disposition of his or her property, the Company may pay such benefit to the
guardian, legal representative or person having the care or custody of such
minor, incompetent person or incapable person. The Company may require proof of
incompetence, minority or guardianship as it may deem appropriate prior to
distribution of the benefit. Such distribution shall completely discharge the
Company from all liability with respect to such benefit.

                                    ARTICLE 5
                               GENERAL LIMITATIONS

        5.1     Termination for Cause. Notwithstanding any provision of this
Agreement to the contrary, the Company shall not pay any benefit under this
Agreement if the Company terminates the Executive's employment for:

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                (a)     Gross negligence or gross neglect of duties;
                (b)     Commission of a felony or of a misdemeanor involving
        moral turpitude; or
                (c)     Fraud, dishonesty or willful violation of any law or
        significant Company policy committed in connection with the Executive's
        employment and resulting in a material adverse effect on the Company.

        5.2     Suicide or Misstatement. The Company shall not pay any benefit
under this Agreement if the Executive commits suicide within three years after
the date of this Agreement. In addition, the Company shall not pay any benefit
under this Agreement if the Executive has made any material misstatement of fact
on an employment application or resume provided to the Company, or on any
application for any benefits provided by the Company to the Executive.

        5.3     Competition After Termination of Employment. The Company shall
not pay any benefit under this Agreement if the Executive, within 18 months
after Termination of Employment, without the prior written consent of the
Company, engages in, becomes interested in, directly or indirectly, as a sole
proprietor, as a partner in a partnership, or as a substantial shareholder in a
corporation, or becomes associated with, in the capacity of employee, director,
officer, principal, agent, trustee or in any other capacity whatsoever, any
enterprise located in Fairfield County, which enterprise is, or may deemed to be
by the Company, competitive with any business carried on by the Company,
including, but not limited to entities which lend money and take deposits, as of
the date of termination of the Executive's employment or retirement from the
Company. This section shall not apply following an Involuntary Early
Termination.

                                    ARTICLE 6
                          CLAIMS AND REVIEW PROCEDURES

        6.1     Claims Procedure. An Executive or beneficiary ("claimant") who
has not received benefits under the Agreement that he or she believes should be
paid shall make a claim for such benefits as follows:

                6.1.1   Initiation - Written Claim. The claimant initiates a
        claim by submitting to the Company a written claim for the benefits.

                6.1.2   Timing of Company Response. The Company shall respond to
        such claimant within 45 days after receiving the claim. If the Company
        determines that special circumstances require additional time for
        processing the claim, the Company can extend the response period by an
        additional 45 days by notifying the claimant in writing, prior to the
        end of the initial 45-day period, that an additional period is required.
        The notice of extension must set forth the special circumstances and the
        date by which the Company expects to render its decision.

                6.1.3   Notice of Decision. If the Company denies part or all of
        the claim, the Company shall notify the claimant in writing of such
        denial. The Company shall write the notification in a manner calculated
        to be understood by the claimant. The notification shall set forth:

                                        5

<PAGE>

                        (a)     The specific reasons for the denial;
                        (b)     A reference to the specific provisions of the
                Agreement on which the denial is based;
                        (c)     A description of any additional information or
                material necessary for the claimant to perfect the claim and an
                explanation of why it is needed;
                        (d)     An explanation of the Agreement's review
                procedures and the time limits applicable to such procedures;
                and
                        (e)     A statement of the claimant's right to bring a
                civil action under ERISA Section 502(a) following an adverse
                benefit determination on review.

        6.2     Review Procedure. If the Company denies part or all of the
claim, the claimant shall have the opportunity for a full and fair review by the
Company of the denial, as follows:

                6.2.1   Initiation - Written Request. To initiate the review,
        the claimant, within 60 days after receiving the Company's notice of
        denial, must file with the Company a written request for review.

                6.2.2   Additional Submissions - Information Access. The
        claimant shall then have the opportunity to submit written comments,
        documents, records and other information relating to the claim. The
        Company shall also provide the claimant, upon request and free of
        charge, reasonable access to, and copies of, all documents, records and
        other information relevant (as defined in applicable ERISA regulations)
        to the claimant's claim for benefits.

                6.2.3   Considerations on Review. In considering the review, the
        Company shall take into account all materials and information the
        claimant submits relating to the claim, without regard to whether such
        information was submitted or considered in the initial benefit
        determination.

                6.2.4   Timing of Company Response. The Company shall respond in
        writing to such claimant within 45 days after receiving the request for
        review. If the Company determines that special circumstances require
        additional time for processing the claim, the Company can extend the
        response period by an additional 45 days by notifying the claimant in
        writing, prior to the end of the initial 45-day period, that an
        additional period is required. The notice of extension must set forth
        the special circumstances and the date by which the Company expects to
        render its decision.

                6.2.5   Notice of Decision. The Company shall notify the
        claimant in writing of its decision on review. The Company shall write
        the notification in a manner calculated to be understood by the
        claimant. If the Company's decision is to deny the claim in whole or
        part, the notification shall set forth:

                        (a)     The specific reasons for the denial;
                        (b)     A reference to the specific provisions of the
                Agreement on which the denial is based;

                                        6

<PAGE>

                        (c)     A statement that the claimant is entitled to
                receive, upon request and free of charge, reasonable access to,
                and copies of, all documents, records and other information
                relevant (as defined in applicable ERISA regulations) to the
                claimant's claim for benefits; and
                        (d)     A statement of the claimant's right to bring a
                civil action under ERISA Section 502(a).

                                    ARTICLE 7
                           AMENDMENTS AND TERMINATION

        This Agreement may be amended or terminated only by a written agreement
signed by the Company and the Executive, except this agreement may be terminated
for cause in accordance with Article 5.1.

                                    ARTICLE 8
                                  MISCELLANEOUS

        8.1     Binding Effect. This Agreement shall bind the Executive and the
Company, and their beneficiaries, survivors, executors, successors,
administrators and transferees.

        8.2     No Guarantee of Employment. This Agreement is not an employment
policy, an employment agreement or an employment contract. It does not give the
Executive the right to remain an employee of the Company, nor does it interfere
with the Company's right to discharge the Executive. It also does not require
the Executive to remain an employee nor interfere with the Executive's right to
terminate employment at any time.

        8.3     Non-Transferability. Benefits under this Agreement cannot be
sold, transferred, assigned, pledged, attached or encumbered in any manner.

        8.4     Reorganization. The Company shall not merge or consolidate into
or with another company, or reorganize, or sell substantially all of its assets
to another company, firm, or person unless such succeeding or continuing
company, firm, or person agrees to assume and discharge the obligations of the
Company under this Agreement. Upon the occurrence of such event, the term
"Company" as used in this Agreement shall be deemed to refer to the successor,
continuing or survivor company, firm or person.

        8.5     Tax Withholding. The Company shall withhold any taxes that are
required to be withheld from the benefits provided under this Agreement.

        8.6     Applicable Law. The Agreement and all rights hereunder shall be
governed by the laws of the State of Connecticut, except to the extent preempted
by the laws of the United States of America.

        8.7     Unfunded Arrangement. The Executive and beneficiary are general
unsecured creditors of the Company for the payment of benefits under this
Agreement. The benefits represent the mere

                                        7

<PAGE>

unsecured promise by the Company to pay such benefits. The rights to benefits
are not subject in any manner to anticipation, alienation, sale, transfer,
assignment, pledge, encumbrance, attachment, or garnishment by creditors. Any
insurance on the Executive's life is a general asset of the Company to which the
Executive and beneficiary have no preferred or secured claim.

        8.8     Entire Agreement. This Agreement constitutes the entire
agreement between the Company and the Executive as to the subject matter hereof.
No rights are granted to the Executive by virtue of this Agreement other than
those specifically set forth herein.

        8.9     Administration. The Company shall have powers which are
necessary to administer this Agreement, including but not limited to:

                (a)     Establishing and revising the method of accounting for
        the Agreement;
                (b)     Maintaining a record of benefit payments; and
                (c)     Establishing rules and prescribing any forms necessary
        or desirable to administer the Agreement.

        8.10    Named Fiduciary. The Company shall be the named fiduciary and
plan administrator under this Agreement. It may delegate to others certain
aspects of its management and operational responsibilities under this Agreement,
including the employment of advisors and the delegation of ministerial duties to
qualified individuals.

        IN WITNESS WHEREOF, the Executive and the Company have signed this
Agreement.

EXECUTIVE:                                     COMPANY:

                                               CORNERSTONE BANK

/s/ Paul Reader                                By    /s/ James P. Jakubek
--------------------------------                  -----------------------------
Paul Reader                                                    James P. Jakubek

                                               Title        President
                                                     --------------------------

                                        8

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