Document:

ex10-1.htm

Exhibit 10.1

  

THIRD AMENDMENT

 TO THE

CONSUMERS NATIONAL BANK 

SALARY CONTINUATION AGREEMENT 

DATED FEBRUARY 11, 2011

FOR

RALPH LOBER

 

 

THIS THIRD AMENDMENT is adopted this 3rd day of October, 2016 by and between Consumers National Bank, a nationally-chartered commercial bank located in Minerva, Ohio (the "Company") and Ralph Lober (the "Executive").

 

 

The Company and the Executive executed the Salary Continuation Agreement on February 11, 2011 (the "Agreement").

 

The undersigned hereby amend the Agreement for the purpose of changing the amount of the death benefit. Therefore, the following change shall be made:

 

Section 3.1.1 of the Agreement shall be deleted in its entirety and replaced by the following:

 

	 	
3.1.1 
	
Amount of Benefit. The annual benefit under this Section 3.1 is the same amount that would have been paid under Section 2.1 as if the Executive remained employed to the Normal Retirement Age and the Base Salary increased by 3.0% per year from the date of the Executive's death until Normal Retirement Age.

 

 

IN WITNESS OF THE ABOVE, the Company and the Executive hereby consent to this Third Amendment.

 

 

	
Executive:
	
 
	
 
	
CONSUMERS NATIONAL BANK
	
 

	 	 	 	 	 
	 	 	 	 	 
	
 
	
 
	
 
	
By
	 	
 

	
Ralph Lober
	
 
	
 
	
TitleExhibit_1018

		
			Exhibit 10.18
		

		
			MOBILEIRON, INC. SEVERANCE
BENEFIT PLAN

AMENDED AND RESTATED
PARTICIPATION NOTICE
		

		
			To:       Simon Biddiscombe 
		

		
			Date:    August 28, 2015
		

		
			This Amended and Restated Participation Notice under the MobileIron, Inc. Severance Benefit Plan (the “Amended Participation Notice”) serves to supersede and replace in its entirety that Participation Notice executed by you on or about May 10, 2015, pursuant to which you were initially designated as eligible to be_ a Participant in the MobileIron, Inc. Severance Benefit Plan. A copy of the Plan document is attached to this Amended Participation Notice. The terms and conditions of your participation in the Plan are as set forth in the Plan document and this Amended Participation Notice, which together constitute the Summary Plan Description for the Plan.
		

		
			The table below designates the benefits you are eligible to receive pursuant to the Plan.
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Salary Continuation

					
					
						Maximum Duration of
COBRA Payment
Period

					
					
						Percentage of
Outstanding Equity
Awards That Will
Accelerate

				
	
					
						Qualifying Termination that is NOT a Change in Control Termination

					
					
						12 months of your
Monthly Base Salary

					
					
						12 months

					
					
						0%

				
	
					
						Qualifying Termination that is a Change in Control Termination

					
					
						12 months of your
Monthly Base Salary

					
					
						12months

					
					
						100%

				

		
			 
		

		
			In the event that a Qualifying Termination that is not a Change in Control Termination occurs within the first eight (8) months following May 11, 2015, the Company will enter into a consulting agreement with you with a term that expires on February 28, 2016, during which term your outstanding equity awards will continue to vest in accordance with the provisions set forth in your equity award agreements, subject to your continued provision of consulting services. The continued vesting of your equity awards will be the sole consideration for the consulting agreement. If a Change in Control occurs on or before February 28, 2016 and your consultancy is terminated other than for Cause in connection with such Change in Control, you will receive acceleration of vesting for your outstanding equity awards that would have vested had your consultancy continued through February 28, 2016.
		

		
			

		 

		

			1.

		

 

		

		
			In addition to other terms defined in the Plan document, the definitions on Attachment A to this Amended Participation Notice are used to define the benefits to which you are entitled under the Plan.
		

		
			By accepting participation in the Plan, you represent that you have either consulted your personal tax or financial planning advisor about the tax consequences of your participation in the Plan, or you have knowingly declined to do so. Please return to the Company a copy of this Amended Participation Notice signed by you and retain a copy of this Amended Participation Notice, along with the Plan. 
		

			
					
						 

					
					
						 

				
	
					
						 

					
					
						/s/ Simon Biddiscombe

				
	
					
						 

					
					
						Name: Simon Biddiscombe

				
	
					
						 

					
					
						Title: Chief Financial Officer

				
	
					
						 

					
					
						Date:8/28/15

				

		
			 
		

		 

		

			2.Exhibit_1021

		
			Exhibit 10.21
		

		
			MOBILEIRON, INC. SEVERANCE 
		

		
			BENEFIT PLAN PARTICIPATION
		

		
			NOTICE
		

		
			To:  Daniel Fields
		

		
			You have been designated as eligible to be a Participant in the MobileIron, Inc. Severance Benefit Plan. A copy of the Plan document is attached to this Participation Notice. The terms and conditions of your participation in the Plan are as set forth in the Plan document and this Participation Notice, which together constitute the Summary Plan Description for the Plan.
		

		
			The table below designates the benefits you are eligible to receive pursuant to the Plan.
		

			
					
						 

					
					
						Salary Continuation

					
					
						Maximum Duration of
COBRA Payment
Period

					
					
						Percentage of
Outstanding Equity
Awards That Will
Accelerate

				
	
					
						Qualifying Termination that is NOT a Change in Control Termination

					
					
						6  
months 
of your 
Monthly Base Salary

					
					
						6 months

					
					
						0%

				
	
					
						Qualifying Termination that is a Change in Control Termination

					
					
						12 months of your Monthly Base Salary

					
					
						12 months

					
					
						100%

				

		
			 
		

		
			The definition of “Constructive Termination” for the purpose of this Participation Notice is hereby defined as follows:
		

		
			“Constructive Termination” means the Participant resigns (resulting in a Separation from Service) because one of the following events or actions is undertaken without the Participant’s written consent:
		

		
			(i)        a reduction of more than 20% or more in the Participant’s annual base salary (unless pursuant to a salary reduction program applicable to all similarly situated employees);
		

		
			(ii)       a non-temporary relocation of the Participant’s business office to a location that increases the Participant’s one-way commute by more than 50 miles from the primary location at which the Participant performed duties at the time of Constructive Termination;
		

		
			

		 

 

		

		
			(iii)      a material breach by the Company or any successor entity of the Plan or any employment agreement between the Company and the Participant; or
		

		
			(iv)      a material reduction of Participant’s duties, authority or responsibilities relative to Participant’s duties, authority or responsibilities as in effect immediately prior to such reduction, provided that such a “reduction” will not be deemed to occur if Participant’s duties, authority and responsibilities with respect to the successor subsidiary or division of the parent entity following a Change in Control are substantially similar to Participant’s duties, authority and responsibilities with respect to the business of the Company immediately prior to the Change in Control.
		

		
			An event or action will not give the Participant grounds for Constructive Termination unless (A) the Participant gives the Company written notice within 30 days after the initial existence of the event or action that the Participant intends to resign in a Constructive Termination due to such event or action; (B) the event or action is not reasonably cured by the Company within 30 days after the Company receives written notice from the Participant; and (C) the Participant’s Separation from Service occurs within 90 days after the end of the cure period.
		

		
			In addition to other terms defined in the Plan document, the definitions on Attachment A to this Participation Notice are used to define the benefits to which you are entitled under the Plan.
		

		
			By accepting participation in the Plan, you represent that you have either consulted your personal tax or financial planning advisor about the tax consequences of your participation in the Plan, or you have knowingly declined to do so.
		

		
			Please return to the Company a copy of this Participation Notice signed by you and retain a copy of this Participation Notice, along with the Plan document, for your records.
		

			
					
						 

					
					
						 

				
	
					
						 

					
					
						/s/ Daniel Fields

				
	
					
						 

					
					
						(Signature)

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Daniel Fields

				
	
					
						 

					
					
						(Print Name)

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						12/29/2015

				
	
					
						 

					
					
						(Date)

				

		
			 
		

		
			
		

		
			

		 

		

			2.

		

 

		

		
			Attachment  A
		

		
			“Monthly Base Salary” means the Participant’s monthly base salary in effect immediately prior to date of the Qualifying Termination, ignoring any reduction that forms the basis for Constructive Termination.
		

		
			“Qualifying Termination” means a Change in Control Termination or any other Involuntary Termination Without Cause.
		

		
			“Change in Control Termination” means (i) an Involuntary Termination Without Cause, or (ii) a Constructive Termination, in either case that occurs within the period starting three months prior to a Change in Control and ending on the first anniversary of the Change in Control.
		

		
			“Involuntary Termination Without Cause” means a Participant’s involuntary termination of employment by the Company, resulting in a Separation from Service, for a reason other than death, disability, or Cause.
		

		
			“Cause” means any of the following events: (i) Participant’s willful failure substantially to perform his or her duties and responsibilities to the Company; (ii) willful breach of any obligation under any written agreement with the Company that is not cured within 30 days of written notice to the Participant; (iii) Participant’s deliberate violation of a Company policy, or commission of any felony or any act of fraud, embezzlement, dishonesty or any other willful misconduct, that has caused or is reasonably expected to result in material injury to the Company; or (iv) material unauthorized use, disclosure or misappropriation by Participant of any proprietary information, trade secret or other asset of the Company or entrusted to the Company by a third party.
		

		 

		

			3.

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