Document:

Amendment to the Dir Revenue Neutral Retirement Agt for Nancy S. Bratton

 Exhibit 10.13 
 The First National Bank of Mifflintown 
 Amended and Restated Director Revenue Neutral Retirement
Agreement 
 First Amendment 
  

FIRST AMENDMENT 
 TO THE 
 THE FIRST NATIONAL BANK OF MIFFLINTOWN 

AMENDED AND RESTATED 
 DIRECTOR REVENUE NEUTRAL RETIREMENT AGREEMENT 
 DATED OCTOBER 3, 2008

 FOR 
 NANCY BRATTON 
 THIS FIRST AMENDMENT is entered into this 14 day
December, 2010, by and between THE FIRST NATIONAL BANK OF MIFFLINTOWN (the “Company”), a national banking association located in Mifflintown, Pennsylvania, and NANCY BRATTON (the “Director”). 

WHEREAS, the Company and the Director executed the Amended and Restated Director Revenue Neutral Retirement Agreement on
October 3, 2008, (the “Agreement”); 
 WHEREAS, Section 9.1 of the Agreement provides that the
Agreement may be amended upon mutual consent of the parties thereto; and 
 WHEREAS, the parties now desire to amend the
Agreement for the purpose of updating Appendix A; 
 NOW, THEREFORE, it is agreed by and between the Company and the
Director as follows: 
 Appendix A shall be deleted in its entirety and replaced by the Appendix A attached hereto.

 IN WITNESS WHEREOF, the parties have executed this First Amendment as of the date indicated above. 

 

							
	DIRECTOR:	 		  	COMPANY:
			
		 		  	THE FIRST NATIONAL BANK OF MIFFLINTOWN
				
	 /s/ Nancy Bratton
	 		  	By	  	 /s/ John P. Henry, III

	NANCY BRATTON	 		  	Title	  	 Chairman

  
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 The First National Bank of Mifflintown 
 Amended and Restated Director Revenue Neutral Retirement Agreement 
 First Amendment 

 
  

 By execution hereof, First Community Financial Corporation consents to and agrees to be bound by the
terms and conditions of this First Amendment to the Agreement. 
  

							
	ATTEST:	 	CORPORATION:
			
		 		 	FIRST COMMUNITY FINANCIAL CORPORATION
			
	 /s/ Nancy Bratton
	 	By:	 	 /s/ John P. Henry, III

	Title	 	  
	 	Title	 	 Chairman

			
	 /s/ Jennifer S. Kauffman
	 		 	
	 Asst. Secretary
	 		 	

  
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 The First National Bank of Mifflintown 
 Amended and Restated Director Revenue Neutral Retirement Agreement 
 First Amendment 

 
  

 Appendix A 
 Simulated Policy Data 
 The First National Bank of Mifflintown

 Amended and Restated Director Revenue Neutral Retirement Agreement 

Nancy Bratton 
  

			
	 Insurance Carrier:
	  	Midland National Life Insurance Company
		
	 Policy Type:
	  	Universal Life Flexible-Premium Adjustable Life Insurance
		
	 Product Name:
	  	TUL01GISEP-100
		
	 Issue Date:
	  	October 12, 2010
		
	 Classification:
	  	Preferred (Non Tobacco use)
		
	 Initial Face Amount:
	  	$129,349
		
	 Payment Type:
	  	Single PremiumSplit Dollar Agreement for Nancy S. Bratton

 Exhibit 10.15 
 THE FIRST NATIONAL BANK OF MIFFLINTOWN 
 SPLIT DOLLAR AGREEMENT

 THIS AGREEMENT is made this 14th day of May, 2002 by and between The First National Bank of Mifflintown (the
“Company”), and Nancy Bratton (the “Director”). 
 INTRODUCTION 

To encourage the Director to remain a member of the Company’s Board of Directors, the Company desires to enter into an arrangement
to divide the death proceeds of a life insurance policy on the Director’s life. The Director shall be eligible for this benefit if he should die while in service as a member of the Company’s Board of Directors. The Director shall also be
eligible for this benefit if he retires from the Board on or after attaining age 72 or if his services as a Director terminate after he has completed at least ten (10) years of service. 

Article 1 

General Definitions 
 The
following terms shall have the meanings specified: 
 1.1 “Insurer” means Jefferson Pilot Financial.

 1.2 “Policy” means insurance policy number AH5215608 issued by the Insurer. 

Article 2 

Policy Ownership/Interests 
 2.1 Company Ownership. The Company owns the Policy and shall have the right to exercise all incidents of ownership and to receive the Policy values in excess of the Director’s interest
described in Section 2.2. 

 2.2 Director’s Interest. The Director shall have the right to designate the
beneficiary of a portion of the death benefit proceeds of the Policy equal to the lesser of (1) 80% of the excess of (i) the total death benefit proceeds of the Policy, over (ii) the Policy’s cash surrender value as of the day
prior to the date of the Director’s death, or (2) 80% of the excess of the amount by which the total death proceeds of the Policy exceeds the aggregate premium paid on the Policy by the Company less any outstanding indebtedness to the
insurer. 
 2.3 Option to Purchase. The Company shall not sell, surrender or transfer ownership of the policy while this
Agreement is in effect without first giving the Director or its transferee, the option to purchase the Policy for a period of sixty (60) days from written notice of such intention. The purchase price shall be an amount equal to the cash
surrender value of the Policy. This provision shall not impair the right of the Company to terminate this Agreement. 

Article 3 

Premiums 

3.1 Premium Payment. The Company shall pay any premiums due on the Policy. 

3.2 Imputed Income. The Company shall annually impute income to the Director in an amount equal to the current term rate for the
Director’s age multiplied by the aggregate death benefit payable to the Director’s beneficiary. The “current term rate” is the minimum amount required to be imputed under Revenue Rulings 64-328 and 66-110, or any subsequent
applicable authority. 
 Article 4 
 Assignment 
 The Director may assign without consideration all interests in
the Policy and in this Agreement to any person, entity or trust. 

  
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 Article 5 
 Insurer 
 The Insurer shall be bound only by the terms of the Policy. Any
payments the Insurer makes or actions it takes in accordance with the Policy shall fully discharge it from all claims, suits and demands of all persons. The Insurer shall not be bound by or be deemed to have notice of the provisions of this
Agreement. 
 Article 6 
 Claims Procedure 
 6.1 Claims Procedure. The Company shall notify
the Director’s beneficiary in writing within ninety (90) days of his or her written application for benefits, of his or her eligibility or ineligibility for benefits under this Agreement. If the Company determines that the beneficiary is
not eligible for benefits or full benefits, the notice shall set forth (1) the specific reasons for such denial, (2) a specific reference to the provisions of this Agreement on which the denial is based, (3) a description of any
additional information or material necessary for the claimant to perfect his or her claim, and a description of why it is needed, and (4) an explanation of this Agreement’s claims review procedure and other appropriate information as to
the steps to be taken if the beneficiary wishes to have the claim reviewed. If the Company determines that there are special circumstances requiring additional time to make a decision, the Company shall notify the beneficiary of the special
circumstances and the date by which a decision is expected to be made, and may extend the time for up to an additional 90-day period. 
 6.2 Review Procedure. If the beneficiary is determined by the Company not to be eligible for benefits, or if the beneficiary believes that he or she is entitled to greater or different benefits,
the beneficiary shall have the opportunity to have such claim reviewed by the Company by filing a petition for review with the Company within sixty (60) days after receipt of the notice issued by the Company. Said petition shall state the
specific reasons which the beneficiary believes entitle him or her to benefits or to greater or different benefits. Within sixty (60) days after receipt by the Company of the petition, the Company shall afford the beneficiary (and counsel, if
any) an opportunity to 

  
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present his or her position to the Company orally or in writing, and the beneficiary (or counsel) shall have the right to review the pertinent documents. The Company shall notify the beneficiary
of its decision in writing within the 60-day period, stating specifically the basis of its decision, written in a maimer calculated to be understood by the beneficiary and the specific provisions of this Agreement on which the decision is based. If,
because of the need for a hearing, the 60-day period is not sufficient, the decision may be deferred for up to another 60-day period at the election of the Company, but notice of this deferral shall be given to the beneficiary. 

Article 7 

Amendments and Termination 
 This Agreement may be amended or terminated only by a written agreement signed by the Company and the Director. 
 Article 8 
 Administration 

8.1 Administration. Unless otherwise determined by the Company’s Board of Directors (“Board”), the Board or its
designee shall be the named fiduciary and shall act for the Company under this Agreement. 
 8.2 Powers of the Company.
The Company shall have all powers necessary to administer this Agreement including, without limitation, powers: 

8.2.1 to interpret the provisions of this Agreement; and 

8.2.2 to establish rules for the administration of this Agreement and to prescribe any forms required to administer this
Agreement. 

  
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 8.3 Actions of the Company. All determinations, interpretations, rules, and decisions
of the Company shall be conclusive and binding upon all persons having or claiming to have any interest or right under this Agreement. 
 Article 9 
 Miscellaneous 

9.1 Binding Effect. This Agreement shall bind the Director and the Company, their beneficiaries, successors, survivors, executors,
administrators and transferees, and any Policy beneficiary. 
 9.2 Applicable Law. This Agreement and all rights
hereunder shall be governed by and construed according to the laws of the Commonwealth of Pennsylvania, except to the extent preempted by the laws of the United States of America. 

  
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 IN WITNESS WHEREOF, the Director and a duly authorized Company officer have signed this
Agreement. 
  

							
	DIRECTOR:	 	COMPANY:
		
		 	THE FIRST NATIONAL BANK OF MIFFLINTOWN
			
	 /s/ Nancy S. Bratton
	 	By	 	 /s/ James R. McLaughlin

	Nancy Bratton	 		 		 	
		 		 	Title	 	 President & C.E.O.

By execution hereof, First Community Financial Corporation consents to and agrees to be bound by the terms and condition of this
Agreement. 
  

							
	ATTEST:	 	CORPORATION:
		
		 	FIRST COMMUNITY FINANCIAL CORPORATION
			
	  
	 	By	 	 /s/ James R. McLaughlin

	(Assistant) Secretary	 		 		 	
		 		 	Title	 	 President & C.E.O.

  
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