Document:

exhibit10_1.htm

    
       

      
         

        
          

        

      

       

    

    EXHIBIT
      10.1

    

    RESIGNATION
      AND SEVERANCE AGREEMENT

    

    This
      Resignation and Severance
      Agreement (the “Agreement”) is entered into by and between Donald J.
      Landers, Jr. (“Executive”), and Peoples Bancorp Inc., an Ohio corporation, and
      Peoples Bank, National Association, a national banking association
      (collectively, the “Employer”).

    

    Background
      Information

    

    A.           The
      purpose of this Agreement is to set forth certain understandings that have
      been
      reached between Executive and Employer concerning Executive’s resignation from
      employment with Employer.

    

    B.           Executive
      has been employed by Employer since June 30, 2003, serving as Employer’s Chief
      Financial Officer and Treasurer from August 1, 2006 until April 9,
      2007.

    

    C.           Executive
      desires to resign employment, and the parties desire to end the employment
      relationship with as little disruption as possible.

    

    Agreement

    

    In
      consideration of the promises,
      covenants, and agreements herein and for other valuable consideration, the
      receipt and sufficiency of which is hereby acknowledged by the parties, the
      parties hereto, intending to be legally bound, agree as follows:

    

    1.           Resignation.  Executive
      is resigning from employment with Employer and all of its related subsidiaries
      and affiliates, per Attachment A.

    

    2.           Severance
      Payments and Benefits to Executive.  After the seventh
      day from Executive’s execution of this Agreement, Executive shall receive the
      following severance pay and benefits:  (a) severance pay equivalent to
      six (6) months of his base salary in effect immediately prior to April 9, 2007,
      in one lump-sum (less applicable withholdings and taxes); and (b) if Executive
      elects to continue healthcare and dental coverage under Employer’s plan pursuant
      to COBRA, Employer will pay Executive’s COBRA healthcare premiums for coverage
      through April 30, 2008.  After April 30, 2008, Executive will be
      responsible for paying the COBRA premiums to continue such coverage.

    

    3.           Release.  Executive,
      for himself, his family, his heirs, and assigns, hereby forever releases and
      discharges, Employer, its affiliates, officers, directors, employees, agents
      and
      assigns (collectively, the “Released Parties”) from any and all charges, claims,
      demands, judgments, causes of action, damages, expenses, costs, attorneys’ fees,
      and liabilities of any kind whatsoever that may be lawfully released and
      discharged.  Executive acknowledges that the claims released by this
      section include all rights and claims relating to his employment and the
      termination of his employment, including without limitation any claims he may
      have under:

    
       

      
         

        
          

        

      

       

    

    

    
      	
              (a)

            	
              Title
                VII of the Civil Rights Act of 1964, as amended;

            
	
              (b)

            	
              The
                Americans with Disabilities Act;

            
	
              (c)

            	
              The
                Employee Retirement Income Security Act;

            
	
              (d)

            	
              The
                Age Discrimination in Employment Act (as amended by the Older Workers
                Benefit Protection Act); and

            
	
              (e)

            	
              Any
                other federal, state or local laws or regulations governing employment
                relationships.

            

    

    

    This
      Release specifically includes a release of any claims for employment
      discrimination under federal, state and local laws.  This Release
      extends to all claims of every nature and kind, whether known or unknown,
      suspected or unsuspected, presently existing or resulting from or attributable
      to any act or omission of the Released Parties occurring before the signing
      of
      this Agreement.  This release does not extend to:  (a)
      rights or claims arising after the execution of this Agreement; (b) the
      enforcement of Executive’s rights under this Agreement;  (c) any
      vested rights of Executive under Employer’s retirement savings plan, stock
      option plans,  or other benefits plans; or (d) any rights under Ohio’s
      workers’ compensation or unemployment compensation laws.

    

    4.           Rights
      to Counsel and Revocation.  Executive has been advised
      that he:  (a) should consult with an attorney before signing this
      Agreement; (b) has twenty-one (21) days within which to consider signing this
      Agreement; (c) may revoke this Agreement at any time before the expiration
      of
      seven days after he signs it by providing written notice to Employer; and (d)
      will not receive any payment provided herein until after expiration of such
      seven-day revocation period.

    

    5.           Confidential
      Information.   Executive shall treat as confidential
      all Confidential Information belonging to Employer which has been disclosed
      to
      Executive, which Executive may have acquired or developed or which Executive
      observed in the course of Executive’s performance of services for Employer and
      which at the time of disclosure was not previously known by Executive and not
      known or used by others in the financial services business.  Executive
      shall not disclose, publish or otherwise use, any such Confidential Information
      without Employer’s prior written consent.  As used in this Agreement,
“Confidential Information” means any information concerning the organization,
      business or finances of Employer (or of any third party which Employer is under
      an obligation to keep confidential) that is maintained by Employer as
      confidential.  Such Confidential Information shall include, but is not
      limited to, trade secrets or confidential information respecting finances,
      financial planning, marketing, business plans or strategies.

     

    
                    
        6.           Cooperation
        with Financial Matters.  Executive agrees that he shall,
        upon reasonable notice, be available to provide Employer information as may
        be
        reasonably required by Employer concerning any of Employer’s financial
        matters.

    

     

               7.           Return
      of Employer Property.  Executive shall
      return all of Employer’s property in his possession, custody, or control,
      including, without limitation, any documents concerning Employer, any electronic
      documents of Employer, credit cards, and keys.

     

         
      8.           Statement
      and Non-disparagement.  Employer agrees
      to respond to any inquiry from third-parties concerning Executive’s employment
      and resignation from employment with the information contained in the statement
      attached as Attachment B.  Both Employer and Executive agree not to
      disparage, defame, or denigrate the other, and Executive agrees that he shall
      not disparage, defame, or denigrate Employer’s officers, directors or
      employees.

     

                 
      9.           Non-solicitation
      of Employees.  For a period of twelve (12) full calendar
      months, Executive will not, on his own behalf or on behalf of any other person,
      partnership, association, employer or other entity, solicit or in any manner
      attempt to influence or induce any employee of Employer to leave Employer’s
      employment nor will he use or disclose to any person, partnership, association,
      employer or other entity any information obtained while employed by Employer
      concerning the names and addresses of Employer’s employees.

     

       10.           Termination
      of Disputes.  Executive and Employer agree that each
      party intends to avoid litigation and controversy.  This Agreement is
      not to be construed as an admission of liability for any wrongful conduct on
      the
      part of either Executive or Employer.

     

               11.           Governing
      Law.  This Agreement shall be governed by and construed
      in accordance with the internal substantive laws of the State of Ohio, without
      regard to conflicts of law principles.  Each party
      hereby:  (a) designates the Court of Common Pleas of Washington
      County, Ohio, and, if federal court jurisdiction permits, the United States
      District Court for the Southern District of Ohio in Columbus, Ohio, and any
      appellate court from which decisions of said court may be appealed, as the
      sole
      and exclusive forum and court of proper jurisdiction and venue of and for any
      and all lawsuits or other legal proceedings relating to this Agreement, the
      parties’ relationship, or other matters arising between the parties; (b)
      irrevocably consents to such designation, jurisdiction, and venue; and (c)
      waives any objections or defenses relating to jurisdiction or venue with respect
      to any lawsuit or other legal proceeding relating to this Agreement initiated
      in
      or transferred to such court, including, but not limited to, the defense of
      an
      inconvenient forum and the defense of lack of
      jurisdiction.  Additionally, Executive and Employer each hereby waive
      the right to a trial by jury, if any dispute arises under this Agreement. The
      parties agree that the prevailing party shall be entitled to recover its costs
      and attorneys’ fees incurred in the enforcement of this Agreement.

     

       12.           Execution
      in Parts.  This Agreement may be executed in multiple
      counterparts, each of which shall constitute an original, and all of which
      shall
      constitute a single agreement.

     

              
      13.           Integration
      Clause.  This Agreement sets forth the entire agreement
      between Executive and Employer with respect to its subject matter and supersedes
      and replaces any and all prior or contemporaneous representations or agreements,
      whether oral or written.  The parties also agree that the Change in
      Control Agreement, adopted August 1, 2006, is now null and void.

     

              
      14.           Enforceability.  This
      Agreement shall be construed and interpreted so as to be enforceable to the
      fullest extent permitted by law and to the extent that any provision shall
      be
deemed
      unenforceable or invalid in any jurisdiction, such invalidity and
      unenforceability shall not affect its validity or enforceability in any other
      jurisdiction, nor shall it affect the enforceability or validity of any other
      provision hereof.   The parties agree and acknowledge that each
      party has carefully reviewed this Agreement and further agree that any
      ambiguities in this Agreement shall not be construed against the drafter
      thereof.

     

      
      15.           Amendment.  This
      Agreement may not be amended or modified, except by a written agreement executed
      by both Executive and Employer.

     

       16.           Assignment
      of Agreement.  This Agreement may be assigned or
      transferred to, and will be binding upon, any successor of Employer, in which
      case this Agreement will be interpreted and applied by substituting that
      successor for “Employer” as appropriate under the terms of this
      Agreement.  Executive may not assign this Agreement to any other
      person or entity.  However, this Agreement will inure to the benefit
      of, and be enforceable by, Executive’s personal or legal representatives,
      executors, and administrators, successors, heirs, devisees, and legatees to
      the
      extent any pay or benefits are due Executive under this Agreement.

     

       17.           Voluntary
      Acts.  Both Executive and Employer acknowledge that each
      has carefully read this Agreement and knowingly and voluntarily agree to execute
      it.

    

    IN
      WITNESS WHEREOF,
      the parties hereto have executed, or caused to be executed, this Agreement
      to be
      effective as of the date Executive executes this Agreement.

    

    
      	 	 	
              EXECUTIVE

            
	 	 	 
	
              Date:  April
                26, 2007

            	
              By:
                /s/

            	
              DONALD
                J. LANDERS, JR.

            
	 	 	
              Donald
                J. Landers, Jr.

            

    

    

    
      	 	 	
              PEOPLES
                BANCORP INC.

            
	 	 	 
	
              Date:  April
                10, 2007

            	
              By:
                /s/

            	
              MARK
                F. BRADLEY

            
	 	 	
              Mark
                F. Bradley

            
	 	 	
              Its
                President and Chief Executive
                Officer

            

    

    

    
      	 	 	
              PEOPLES
                BANK, NATIONAL ASSOCIATION

            
	 	 	 
	
              Date:  April
                10, 2007

            	
              By:
                /s/

            	
              MARK
                F. BRADLEY

            
	 	 	
              Mark
                F. Bradley

            
	 	 	
              Its
                President and Chief Executive
                Officer

            

    

    
       

      
         

        
          

        

      

       

    

    Attachment
      A

    Resignation
      Letters

    
       

      
         

        
          

        

      

       

    

    April
      9,
      2007

    

    

    

    Mark
      F.
      Bradley

    Chief
      Executive Officer

    Peoples
      Bancorp Inc.

    138
      Putnam Street

    Marietta,
      Ohio  45750

    

    Dear
      Mark:

    

    It
      is
      with regret that I submit this letter of resignation, effective today, April
      9,
      2007.

    

    I
      am
      resigning from my position as Chief Financial Officer and Treasurer of Peoples
      Bancorp Inc. and Peoples Bank, National Association.

    

    I
      have
      decided to take time to evaluate the course of my current career goals and
      investigate new opportunities.

    

    I
      have
      made many lasting relationships working for Peoples during these past nearly
      four years and will miss my associations here.  I wish you and Peoples
      continued success in all your endeavors.

    

    Thank
      you
      for allowing me to serve Peoples, and again, I wish Peoples continued
      success.

    

    

    Sincerely,

    

    /s/
      Donald J. Landers

    

    

    Donald
      J.
      Landers

    
       

      
         

        
          

        

      

       

    

    April
      9,
      2007

    

    

    

    Joseph
      H.
      Wesel

    Chairman
      of the Board

    Board
      of
      Directors

    Peoples
      Bancorp Inc.

    138
      Putnam Street

    Marietta,
      Ohio  45750

    

    Dear
      Mr.
      Wesel:

    

    It
      is
      with regret that I submit this letter of resignation, effective today, April
      9,
      2007.

    

    I
      am
      resigning from my position as Chief Financial Officer and Treasurer of Peoples
      Bancorp Inc. and Peoples Bank, National Association.

    

    I
      have
      decided to take time to evaluate the course of my current career goals and
      investigate new opportunities.

    

    I
      have
      made many lasting relationships working for Peoples during these past nearly
      four years and will miss my associations here.  I wish you and Peoples
      continued success in all your endeavors.

    

    Thank
      you
      for allowing me to serve Peoples, and again, I wish Peoples continued
      success.

    

    

    Sincerely,

    

    /s/
      Donald J. Landers

    

    Donald
      J.
      Landers

    

    
       

      
         

        
          

        

      

       

    

    Attachment
      B

    

    Form
      of
      Statement

    

    

    

    

     

    Donald
      J.
      Landers, Jr. worked for Peoples Bancorp from August 2003, through April 9,
      2007,
      serving as Controller and then Chief Financial Officer and Treasurer from August
      1, 2006 until April 9, 2007.EXHIBIT 10.3

                    WERNER ENTERPRISES, INC.
              NAMED EXECUTIVE OFFICER COMPENSATION

     On  February  8,  2007,  the  Compensation   Committee  (the
"Committee")  of  the  Board of Directors of Werner  Enterprises,
Inc. (the "Company") approved an increase to the base salary  for
Mr.  Gregory L. Werner. In connection with his promotion to Chief
Executive  Officer  and  additional  responsibilities,  his  base
salary  has  been  established at $720,000  per  year,  effective
February 9, 2007, as disclosed on the Company's previously  filed
Form 8-K dated February 9, 2007.

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