Document:

Exhibit 10.23

                      THE FIRST NATIONAL BANK OF LITCHFIELD
                     DIRECTOR INCENTIVE RETIREMENT AGREEMENT

THIS AGREEMENT is made this 7th day of December,  2000, by and between The First
National Bank of Litchfield, a national bank, located in Litchfield, Connecticut
(the "Company"), and George Madsen (the "Director").

                                  INTRODUCTION

In an  effort  to  reward  past  service,  encourage  continued  service  on the
Company's Board of Directors,  and as a method to attract future Directors,  the
Company is willing to provide to the Director a deferred incentive  opportunity.
The Company will pay the benefits from its general assets.

                                    AGREEMENT

The Director and the Company agree as follows:

                                    Article 1
                                   Definitions

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

"Annual Fees" means the Board of Director  retainer  fees, the Board of Director
meeting  fees and the Board of Director  committee  fees earned by the  Director
during the Plan Year.

"Change of Control" means a  reorganization,  merger,  consolidation  or sale of
substantially  all of the assets of the  Company,  or a similar  transaction  in
which the Company is not the resulting entity; or individuals who constitute the
Incumbent  Board (as  herein  defined)  of the  Company  cease for any reason to
constitute a majority thereof.  For these purposes,  "Incumbent Board" means the
members of the Board of  Directors of the Company on the  effective  date of the
Plan,  provided  that any  person  becoming  a member of the Board of  Directors
subsequent to such effective  date,  whose election was approved by a vote of at
least  three-quarters  of the members of the Board of Directors  comprising  the
Incumbent Board, or whose nomination for election by members or stockholders was
approved by the same  nominating  committee  serving  under an Incumbent  Board,
shall be considered as though he were a member of the Incumbent Board.

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

"Crediting Rate" means the percentage  change in the Company's fair market value
common stock price ("Stock Price") over a one year period,  measured on December
31 of  each  year,  with a  guaranteed  minimum  of 4%  and a  maximum  of  15%,
cumulatively.

"Deferral Account" means the Company's accounting of the Director's  accumulated
Deferrals plus accrued interest.

"Disability" means the Director's inability to perform  substantially all normal
duties of the  Director's  position,  as determined  by the  Company's  Board of
Directors in its sole  discretion.  As a condition to any benefits,  the Company
may require the Director to submit to such  physical or mental  evaluations  and
tests as the Board of Directors deems appropriate.

 "Early Retirement Date" means the date that the Director has terminated service
before his 72nd birthday provided he has completed at least 10 Years of Service.

"Earnings" means the Company's reported Net Income after taxes.

"Earnings Growth" means the percentage  change in the Company's  Earnings over a
one-year period, measured on December 31 of each year.

"Effective Date" means the date first written above.

"Election Form" means the Form attached as Exhibit 1.

"Extraordinary  Items"  means  those  items  recognized  by  Generally  Accepted
Accounting  Principles as extraordinary.  "Return On Equity" means the Company's
Earnings, before Extraordinary Items, divided by the shareholder's equity at the
end of the same fiscal year.
<PAGE>

"Normal Retirement Age" means the Director's 72nd birthday.

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

"Plan Year" means the calendar year. The initial Plan Year shall be a short Plan
Year  commencing  on the  Effective  Date and ending on  December 31 of the same
year.

"Termination  of  Service"  means  the  Director  ceasing  to be a member of the
Company's Board of Directors for any reason whatsoever.

"Years of Service" means the total number of twelve-month periods (including any
twelve-month  periods  occurring prior to the adoption of this Agreement) during
which the  Director  served on the  Company's  Board of Directors on a full-time
basis, inclusive of any approved leave of absence.

                                    Article 2
                                    Incentive

Incentive  Award.  The three (3) year  rolling  average of  earnings  growth and
Return On Equity (the "ROE") and  determined as of December 31 of each plan year
shall determine the Director's  Incentive Award  Percentage,  in accordance with
the  attached  Schedule  A. The chart on Schedule A is  specifically  subject to
change annually at the sole discretion of the Company's Board of Directors.  The
Incentive Award is calculated  annually by taking the Director's Annual Fees for
the Plan Year in which the ROE and  Earnings  Growth  was  calculated  times the
Incentive Award Percentage.

Incentive  Deferral.  On March 1 following  each Plan Year,  the  Company  shall
declare and pay the Incentive Award in the form of compensation and the Director
shall defer such amount to the Deferral Account.

Vesting  Schedule.  Incentive  Awards will vest 20% per year commencing with the
year the award was declared with the following exceptions: Incentive Awards (and
the interest  credited to each  Incentive  Award) will be 100% vested upon (I) a
Change of Control,  (ii) the Director attaining Normal Retirement Age, and (iii)
the Director attaining the Early Retirement Date.

                                    Article 3
                                Deferral Account

3.1 Establishing  and Crediting.  The Company shall establish a Deferral Account
on its books for the  Director,  and shall  credit to the  Deferral  Account the
following amounts:

3.1.1    Deferrals. The Incentive Deferral as determined under Article 2.

3.1.2 Interest. On March 1 following each Plan Year and immediately prior to the
payment of any  benefits,  interest  on the  vested  account  balance  since the
preceding  credit  under  this  Section  3.1.2,  at an annual  rate,  compounded
annually, equal to the Crediting Rate for the same period.

         Statement  of  Accounts.  The Company  shall  provide to the  Director,
within one hundred  twenty (120) days after each Plan Year, a statement  setting
forth the Deferral Account activity.

         Accounting  Device Only.  The  Deferral  Account is solely a device for
measuring amounts to be paid under this Agreement. The Deferral Account is not a
trust fund of any kind.  The  Director  is a general  unsecured  creditor of the
Company for the payment of  benefits.  The benefits  represent  the mere Company
promise to pay such  benefits.  The  Director's  rights  are not  subject in any
manner  to  anticipation,   alienation,  sale,  transfer,   assignment,  pledge,
encumbrance, attachment, or garnishment by the Director's creditors.

 Hardship.  If an unforeseeable  financial emergency arising from the death of a
family member, divorce,  sickness,  injury, catastrophe or similar event outside
the control of the Director occurs, the Director, by written instructions to the
Company, may reduce future deferrals under this Agreement.

                                    Article 4
                                Lifetime Benefits

4.1 Normal Retirement  Benefit.  If the Director  terminates service on or after
the Normal Retirement Age for reasons other than death, the Company shall pay to
the  Director  the benefit  described  in this  Section 4.1 in lieu of any other
benefit under this Agreement.
<PAGE>

Amount of Benefit.  The benefit  under this  Section 4.1 is 100% of the Deferral
Account balance on the Director's Normal Retirement Date.

Payment of Benefit. The Company shall pay the benefit to the Director commencing
on the first day of the month following the Director's Normal Retirement Date in
the form elected by the Director on the Election Form. If the Director elects to
receive  payments in equal monthly  installments,  the Company shall continue to
credit  interest  on  the  remaining   account  balance  during  any  applicable
installment  period fixed at the rate in effect under  Section 3.1.2 on the date
of the Director's Termination of Service.

4.2 Early Retirement Benefit. If the Director terminates service on or after the
Early  Retirement  Date and before the Normal  Retirement  Age,  and for reasons
other than Change of Control, death or Disability,  the Company shall pay to the
Director the benefit  described in this 4.2 in lieu of any other  benefit  under
this Agreement.

Amount of Benefit.  The benefit  under this  Section 4.2 is 100% of the Deferral
Account balance on the Director's Early Retirement Date.

Payment of  Benefit.  The Company  shall pay the benefit to the  Director in the
form and on the date  elected  by the  Director  on the  Election  Form.  If the
Director  elects the  Deferred  Payment  Option or to receive  payments in equal
monthly  installments,  the Company  shall  continue  to credit  interest on the
remaining account balance during any applicable  installment period fixed at the
rate in effect under Section 3.1.2 on the date of the Director' s Termination of
Service.

Deferred Payment Option. Under this Section 4.2, the Director may elect to defer
payment of his Early  Retirement  Benefit until the date elected by the Director
on the Election  Form,  not to exceed the first day of the month  following  his
Normal Retirement Age.

Early Termination  Benefit.  If the Director terminates service before the Early
Retirement  Age or  Normal  Retirement  Age for  reasons  other  than  Change of
Control, death or Disability,  the Company shall pay to the Director the benefit
described in the 4.3 in lieu of any other benefits under this Agreement.

Amount of Benefit.  The benefit under this Section 4.3 is the vested  portion of
the Deferral Account balance on the Director's Termination of Service.

Vesting of Awards.  For purposes of this Section 4.3, Incentive Awards will vest
20% upon  declaration of the Award and 20% per year thereafter from the date the
award was declared.

Payment of  Benefit.  The  Company  shall pay the  benefit to the  Director in a
single lump sum within 60 days after Termination of Service.

4.4 Disability  Benefit. If the Director terminates service for Disability prior
to the Early  Retirement Age or Normal  Retirement Age, the Company shall pay to
the  Director  the benefit  described  in this  Section 4.4 in lieu of any other
benefit under this Agreement.

Amount of Benefit.  The benefit  under this  Section 4.4 is 100% of the Deferral
Account balance at Termination of Service.

Payment of Benefit. The Company shall pay the benefit to the Director commencing
on the first day of the month following the Director's  Normal Retirement Age in
the form elected by the Director on the Election Form. If the Director elects to
receive  payments in equal monthly  installments,  the Company shall continue to
credit  interest  on  the  remaining   account  balance  during  any  applicable
installment  period fixed at the rate in effect under  Section 3.1.2 on the date
of the Director's Termination of Service.

4.5 Change of Control Benefit. Upon a Change of Control while the Director is in
the active  service of the  Company,  the Company  shall pay to the Director the
benefit  described in this Section 4.5 in lieu of any other  benefit  under this
Agreement.

Amount of Benefit. The benefit under Section 4.5 is 100% of the Deferral Account
balance on the date of the Director's Termination of Service.

Payment of  Benefit.  The  Company  shall pay the  benefit to the  Director in a
lump-sum  payment  no later  than 60 days after the  Director's  Termination  of
Service.

4.6 Hardship Distribution.  Upon the Company's determination (following petition
by the  Director)  that the  Director has  suffered an  unforeseeable  financial
emergency  as described in Section  3.4,  the Company  shall  distribute  to the
Director 100% of the vested portion of the Deferral Account balance.
<PAGE>

                                    Article 5
                                 Death Benefits

5.1 Death  During  Active  Service.  If the  Director  dies  while in the active
service of the Company, the Company shall pay to the Director's  beneficiary the
benefit described in this Section 5.1.

         Amount of Benefit.  The benefit under Section 5.1 is the greater of the
Deferral Account balance or the projected retirement benefit as per the attached
Schedule B.

         Payment  of  Benefit.   The  Company  shall  pay  the  benefit  to  the
beneficiary  in the form elected by the Director on the  Election  Form.  If the
Director  elects  payments in equal  monthly  installments,  the  Company  shall
continue  to  credit  interest  on the  remaining  account  balance  during  any
applicable installment period fixed at the rate in effect under Section 3.1.2 on
the date of the Director's Termination of Service.

         Death  During  Benefit  Period.  If the  Director  dies  after  benefit
payments  have  commenced  under this  Agreement  but before  receiving all such
payments,  the  Company  shall  pay the  remaining  benefits  to the  Director's
beneficiary  at the same time and in the same  amounts they would have been paid
to the Director had the Director survived.

         Death  After   Termination  of  Service  But  Before  Benefit  Payments
Commence.  If the Director is entitled to benefit payments under this Agreement,
but dies prior to the commencement of said benefit  payments,  the Company shall
pay the benefit  payments to the  Director's  beneficiary  that the Director 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 Director's death.

                                    Article 6
                                  Beneficiaries

Beneficiary Designations. The Director shall designate a beneficiary by filing a
written  designation  with the  Company.  The  Director may revoke or modify the
designation at any time by filing a new designation.  However, designations will
only be effective  if signed by the Director and accepted by the Company  during
the Director's lifetime. The Director's beneficiary  designation shall be deemed
automatically  revoked if the beneficiary  predeceases  the Director,  or if the
Director  names a  spouse  as  beneficiary  and  the  marriage  is  subsequently
dissolved.  If the Director dies without a valid  beneficiary  designation,  all
payments shall be made to the Director's estate in a lump sum.

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 7
                               General Limitations

         Notwithstanding  any provision of this  Agreement to the contrary,  the
Company shall not pay any benefit under this Agreement:

Excess Parachute  Payment.  To the extent the benefit would create an excise tax
under the excess parachute rules of Section 280G of the Code.

Suicide. If the Director commits suicide within two years after the date of this
Agreement,  or if the Director has made any material misstatement of fact on any
application for life insurance purchased by the Company.

                                    Article 8
                          Claims and Review Procedures

         8.1 Claims  Procedure.  The Company  shall  notify any person or entity
that makes a claim against the Agreement  (the  "Claimant")  in writing,  within
ninety (90) days of Claimant's written  application for benefits,  of his or her
eligibility or noneligibility  for benefits under the Agreement.  If the Company
determines that the Claimant 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 the Agreement on which the denial is based, (3) a
<PAGE>
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 the  Agreement's  claims review  procedure and other  appropriate
information as to the steps to be taken if the Claimant 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
Claimant  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  ninety-day
period.

         8.2 Review Procedure.  If the Claimant is determined by the Company not
to be eligible  for  benefits,  or if the  Claimant  believes  that he or she is
entitled  to  greater  or  different  benefits,  the  Claimant  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
Claimant  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 Claimant (and counsel,  if any) an  opportunity  to
present  his or her  position  to the  Company  orally  or in  writing,  and the
Claimant (or counsel)  shall have the right to review the  pertinent  documents.
The Company  shall  notify the  Claimant of its  decision in writing  within the
sixty-day period,  stating specifically the basis of its decision,  written in a
manner  calculated to be understood by the Claimant and the specific  provisions
of the Agreement on which the decision is based.  If,  because of the need for a
hearing,  the sixty-day  period is not sufficient,  the decision may be deferred
for up to another sixty-day period at the election of the Company, but notice of
this deferral shall be given to the Claimant.

                                    Article 9
                           Amendments and Termination

         This Agreement may be amended or terminated only by a written agreement
signed by the Company.

                                   Article 10
                                  Miscellaneous

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

No Guarantee of Service.  This Agreement is not a contract for services. It does
not give the Director the right to remain a Director of the Company, nor does it
interfere with the  shareholders'  rights to replace the Director.  It also does
not require the Director to remain a Director nor interfere  with the Director's
right to terminate services at any time.

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

         10.4 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  or survivor
company.

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

         10.6  Applicable  Law.  The  Plan  and all  rights  hereunder  shall be
governed by and construed  according to the laws of  Connecticut,  except to the
extent  preempted  by the laws of the United  States of America.  10.7  Unfunded
Arrangement. The Director and beneficiary are general unsecured creditors of the
Company for the payment of benefits under this Agreement. The benefits represent
the mere 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 Director's  life is a general asset of the Company to which the
Director and beneficiary have no preferred or secured claim.

         10.8  Recovery of Estate  Taxes.  If the  Director's  gross  estate for
federal estate tax purposes  includes any amount  determined by reference to and
on  account  of  this  Agreement,  and if the  beneficiary  is  other  than  the
Director's estate,  then the Director's estate shall be entitled to recover from
the  beneficiary  receiving  such benefit under the terms of the  Agreement,  an
amount by which the total estate tax due by the Director's  estate,  exceeds the
total  estate tax which would have been payable if the value of such benefit had
not been  included in the  Director's  gross  estate.  If there is more than one
person receiving such benefit,  the right of recovery shall be against each such
person. In the event the beneficiary has a liability hereunder,  the beneficiary
may  petition  the Company for a lump sum payment in an amount not to exceed the
beneficiary's liability hereunder.
<PAGE>

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

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

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

         10.11  Designated  Fiduciary.  For purposes of the Employee  Retirement
Income  Security  Act of 1974,  if  applicable,  the Company  shall be the named
fiduciary and plan  administrator  under the Agreement.  The named fiduciary may
delegate  to  others   certain   aspects  of  the   management   and   operation
responsibilities  of  the  plan  including  the  service  of  advisors  and  the
delegation of ministerial duties to qualified individuals.

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

DIRECTOR:                       COMPANY:

                                The First National Bank of Litchfield

/s/ George Madsen               By  /s /Jerome J.Whalen
-----------------                   -----------------------
George Madsen                       Jerome J. Whalen
                             Title  President and Chief Executive Officer

<PAGE>

                                  EXHIBIT 1 TO
                     DIRECTOR INCENTIVE RETIREMENT AGREEMENT

                           Normal Retirement Benefits
I elect to receive my Normal  Retirement  Benefits  under  Section  4.1.2 of the
Agreement in the following form:
[Initial One]

     Lump sum

____ Equal monthly installments for 120 months.

                            Early Retirement Benefits
                            -------------------------

I elect to receive  my Early  Retirement  Benefits  under  Section  4.2.2 of the
Agreement in the following form:
[Initial One]

     Lump  sum,  payable  on the  first  day of the  month  following  my  Early
Retirement Date.

____ Deferred Lump sum, payable on                                     .

____ Equal monthly  installments  for 120 months  commencing on the first day of
the month following my Early Retirement Date.

____ Deferred Equal monthly installments for 120 months commencing on          .

                               Disability Benefits
                               -------------------

I elect to receive my Disability  Benefits  under Section 4.4.2 of the Agreement
in the following form:
[Initial One]

     Lump sum

____ Equal monthly installments for 120 months.

                                 Death Benefits
                                 --------------

     I elect to have my Death  Benefit paid under Section 5.1.2 of the Agreement
in the following form: [Initial One]

     Lump sum

____ Equal monthly installments for 120 months.

Signature    /s/ George M. Madsen
            ------------------------

Date     December 7, 2000

Accepted by the Company this 7th day of December, 2000.
By  /s/ Jerome J. Whalen
Title  President

<PAGE>
<TABLE>
<CAPTION>

                                   Schedule A

                       Deferred Bonus as a % of Board Fees
<S>  <C>      <C>      <C>      <C>     <C>      <C>      <C>      <C>      <C>     <C>      <C>      <C>
     14.0  |   34.5     36.2     37.8    39.3     40.8     42.4     43.9     45.5    47.1     48.7     50.2
     13.5  |   33.4     34.9     36.4    37.9     39.5     41.0     42.5     44.0    45.6     47.1     48.6
E    13.0  |   32.3     33.6     34.9    36.6     38.2     39.7     41.1     42.6    44.0     45.5     47.0
A    12.5  |   31.2     32.5     33.8    35.3     36.9     38.3     39.7     41.1    42.5     43.9     45.4
R    12.0  |   30.1     31.4     32.6    34.1     35.5     36.9     38.3     39.7    41.0     42.4     43.7
N    11.5  |   29.0     30.2     31.5    32.8     34.2     35.5     36.9     38.2    39.5     40.8     42.1
I    11.0  |   27.8     29.1     30.3    31.6     32.9     34.2     35.4     36.7    38.0     39.3     40.5
N    10.5  |   26.7     27.9     29.2    30.4     31.6     32.8     34.0     35.2    36.5     37.7     38.9
G    10.0  |   25.6     26.8     28.0    29.2     30.3     31.5     32.6     33.8    34.9     36.1     37.2
S     9.5  |   24.5     25.7     26.9    27.9     29.0     30.1     31.2     32.3    33.4     34.5     35.6
      9.0  |   23.4     24.6     25.8    26.7     27.6     28.7     29.8     30.9    31.9     33.0     34.0
G     8.5  |   22.3     23.2     24.2    25.2     26.3     27.3     28.4     29.4    30.4     31.4     32.4
R     8.0  |   21.2     21.9     22.5    23.8     25.0     26.0     26.9     27.9    28.8     29.8     30.8
O     7.5  |   20.1     20.6     21.1    22.4     23.7     24.6     25.5     26.4    27.3     28.2     29.2
W     7.0  |   18.9     19.3     19.6    21.0     22.4     23.3     24.1     25.0    25.8     26.7     27.5
T     6.5  |   17.8     18.2     18.6    19.8     21.1     21.9     22.7     23.5    24.3     25.1     25.9
H     6.0  |   16.7     17.2     17.6    18.7     19.7     20.5     21.3     22.1    22.8     23.6     24.3
      5.5  |   15.6     16.2     16.7    17.6     18.4     19.1     19.9     20.6    21.3     22.0     22.7
      5.0  |   14.5     15.2     15.8    16.5     17.1     17.8     18.4     19.1    19.7     20.4     21.1
-----------------------------------------------------------------------------------------------------------
           |   11.0     11.5     12.0    12.5     13.0     13.5     14.0     14.5    15.0     15.5     16.0

                                Return on Equity

<CAPTION>

                                   Schedule B

                         ----------------------------------------------------------------------
                                                                      Projected Account
                         Name                                      Balance at Retirement
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Clayton Blick                                                  23,055
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Ernest Clock                                                   26,633
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         John Field                                                     23,055
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Bernice Fuessenich                                             23,055
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Perley Grimes                                                 177,744
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         George Madsen                                                  36,884
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Charles Orr                                                    54,256
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         William Sweetman                                              228,650
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Patricia Werner                                               258,329
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         H. Ray Underwood                                              576,801
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Thomas Kendall                                                643,453
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------

 </TABLE>Exhibit No. 10.24

                      THE FIRST NATIONAL BANK OF LITCHFIELD
                     DIRECTOR INCENTIVE RETIREMENT AGREEMENT

THIS AGREEMENT is made this 20th day of December, 2000, by and between The First
National Bank of Litchfield, a national bank, located in Litchfield, Connecticut
(the "Company"), and William Sweetman (the "Director").

                                  INTRODUCTION

In an  effort  to  reward  past  service,  encourage  continued  service  on the
Company's Board of Directors,  and as a method to attract future Directors,  the
Company is willing to provide to the Director a deferred incentive  opportunity.
The Company will pay the benefits from its general assets.

                                    AGREEMENT

The Director and the Company agree as follows:

                                    Article 1
                                   Definitions

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

"Annual Fees" means the Board of Director  retainer  fees, the Board of Director
meeting  fees and the Board of Director  committee  fees earned by the  Director
during the Plan Year.

"Change of Control" means a  reorganization,  merger,  consolidation  or sale of
substantially  all of the assets of the  Company,  or a similar  transaction  in
which the Company is not the resulting entity; or individuals who constitute the
Incumbent  Board (as  herein  defined)  of the  Company  cease for any reason to
constitute a majority thereof.  For these purposes,  "Incumbent Board" means the
members of the Board of  Directors of the Company on the  effective  date of the
Plan,  provided  that any  person  becoming  a member of the Board of  Directors
subsequent to such effective  date,  whose election was approved by a vote of at
least  three-quarters  of the members of the Board of Directors  comprising  the
Incumbent Board, or whose nomination for election by members or stockholders was
approved by the same  nominating  committee  serving  under an Incumbent  Board,
shall be considered as though he were a member of the Incumbent Board.

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

"Crediting Rate" means the percentage  change in the Company's fair market value
common stock price ("Stock Price") over a one year period,  measured on December
31 of  each  year,  with a  guaranteed  minimum  of 4%  and a  maximum  of  15%,
cumulatively.

"Deferral Account" means the Company's accounting of the Director's  accumulated
Deferrals plus accrued interest.

"Disability" means the Director's inability to perform  substantially all normal
duties of the  Director's  position,  as determined  by the  Company's  Board of
Directors in its sole  discretion.  As a condition to any benefits,  the Company
may require the Director to submit to such  physical or mental  evaluations  and
tests as the Board of Directors deems appropriate.

 "Early Retirement Date" means the date that the Director has terminated service
before his 72nd birthday provided he has completed at least 10 Years of Service.

"Earnings" means the Company's reported Net Income after taxes.

"Earnings Growth" means the percentage  change in the Company's  Earnings over a
one-year period, measured on December 31 of each year.

"Effective Date" means the date first written above.

"Election Form" means the Form attached as Exhibit 1.

"Extraordinary  Items"  means  those  items  recognized  by  Generally  Accepted
Accounting  Principles as extraordinary.  "Return On Equity" means the Company's
Earnings, before Extraordinary Items, divided by the shareholder's equity at the
end of the same fiscal year.
<PAGE>

"Normal Retirement Age" means the Director's 72nd birthday.

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

"Plan Year" means the calendar year. The initial Plan Year shall be a short Plan
Year  commencing  on the  Effective  Date and ending on  December 31 of the same
year.

"Termination  of  Service"  means  the  Director  ceasing  to be a member of the
Company's Board of Directors for any reason whatsoever.

"Years of Service" means the total number of twelve-month periods (including any
twelve-month  periods  occurring prior to the adoption of this Agreement) during
which the  Director  served on the  Company's  Board of Directors on a full-time
basis, inclusive of any approved leave of absence.

                                    Article 2
                                    Incentive

Incentive  Award.  The three (3) year  rolling  average of  earnings  growth and
Return On Equity (the "ROE") and  determined as of December 31 of each plan year
shall determine the Director's  Incentive Award  Percentage,  in accordance with
the  attached  Schedule  A. The chart on Schedule A is  specifically  subject to
change annually at the sole discretion of the Company's Board of Directors.  The
Incentive Award is calculated  annually by taking the Director's Annual Fees for
the Plan Year in which the ROE and  Earnings  Growth  was  calculated  times the
Incentive Award Percentage.

Incentive  Deferral.  On March 1 following  each Plan Year,  the  Company  shall
declare and pay the Incentive Award in the form of compensation and the Director
shall defer such amount to the Deferral Account.

Vesting  Schedule.  Incentive  Awards will vest 20% per year commencing with the
year the award was declared with the following exceptions: Incentive Awards (and
the interest  credited to each  Incentive  Award) will be 100% vested upon (I) a
Change of Control,  (ii) the Director attaining Normal Retirement Age, and (iii)
the Director attaining the Early Retirement Date.

                                    Article 3
                                Deferral Account

3.1 Establishing  and Crediting.  The Company shall establish a Deferral Account
on its books for the  Director,  and shall  credit to the  Deferral  Account the
following amounts:

3.1.1    Deferrals. The Incentive Deferral as determined under Article 2.

3.1.2 Interest. On March 1 following each Plan Year and immediately prior to the
payment of any  benefits,  interest  on the  vested  account  balance  since the
preceding  credit  under  this  Section  3.1.2,  at an annual  rate,  compounded
annually, equal to the Crediting Rate for the same period.

         Statement  of  Accounts.  The Company  shall  provide to the  Director,
within one hundred  twenty (120) days after each Plan Year, a statement  setting
forth the Deferral Account activity.

         Accounting  Device Only.  The  Deferral  Account is solely a device for
measuring amounts to be paid under this Agreement. The Deferral Account is not a
trust fund of any kind.  The  Director  is a general  unsecured  creditor of the
Company for the payment of  benefits.  The benefits  represent  the mere Company
promise to pay such  benefits.  The  Director's  rights  are not  subject in any
manner  to  anticipation,   alienation,  sale,  transfer,   assignment,  pledge,
encumbrance, attachment, or garnishment by the Director's creditors.

 Hardship.  If an unforeseeable  financial emergency arising from the death of a
family member, divorce,  sickness,  injury, catastrophe or similar event outside
the control of the Director occurs, the Director, by written instructions to the
Company, may reduce future deferrals under this Agreement.

                                    Article 4
                                Lifetime Benefits

4.1 Normal Retirement  Benefit.  If the Director  terminates service on or after
the Normal Retirement Age for reasons other than death, the Company shall pay to
the  Director  the benefit  described  in this  Section 4.1 in lieu of any other
benefit under this Agreement.
<PAGE>

Amount of Benefit.  The benefit  under this  Section 4.1 is 100% of the Deferral
Account balance on the Director's Normal Retirement Date.

Payment of Benefit. The Company shall pay the benefit to the Director commencing
on the first day of the month following the Director's Normal Retirement Date in
the form elected by the Director on the Election Form. If the Director elects to
receive  payments in equal monthly  installments,  the Company shall continue to
credit  interest  on  the  remaining   account  balance  during  any  applicable
installment  period fixed at the rate in effect under  Section 3.1.2 on the date
of the Director's Termination of Service.

4.2 Early Retirement Benefit. If the Director terminates service on or after the
Early  Retirement  Date and before the Normal  Retirement  Age,  and for reasons
other than Change of Control, death or Disability,  the Company shall pay to the
Director the benefit  described in this 4.2 in lieu of any other  benefit  under
this Agreement.

Amount of Benefit.  The benefit  under this  Section 4.2 is 100% of the Deferral
Account balance on the Director's Early Retirement Date.

Payment of  Benefit.  The Company  shall pay the benefit to the  Director in the
form and on the date  elected  by the  Director  on the  Election  Form.  If the
Director  elects the  Deferred  Payment  Option or to receive  payments in equal
monthly  installments,  the Company  shall  continue  to credit  interest on the
remaining account balance during any applicable  installment period fixed at the
rate in effect under Section 3.1.2 on the date of the Director' s Termination of
Service.

Deferred Payment Option. Under this Section 4.2, the Director may elect to defer
payment of his Early  Retirement  Benefit until the date elected by the Director
on the Election  Form,  not to exceed the first day of the month  following  his
Normal Retirement Age.

Early Termination  Benefit.  If the Director terminates service before the Early
Retirement  Age or  Normal  Retirement  Age for  reasons  other  than  Change of
Control, death or Disability,  the Company shall pay to the Director the benefit
described in the 4.3 in lieu of any other benefits under this Agreement.

Amount of Benefit.  The benefit under this Section 4.3 is the vested  portion of
the Deferral Account balance on the Director's Termination of Service.

Vesting of Awards.  For purposes of this Section 4.3, Incentive Awards will vest
20% upon  declaration of the Award and 20% per year thereafter from the date the
award was declared.

Payment of  Benefit.  The  Company  shall pay the  benefit to the  Director in a
single lump sum within 60 days after Termination of Service.

4.4 Disability  Benefit. If the Director terminates service for Disability prior
to the Early  Retirement Age or Normal  Retirement Age, the Company shall pay to
the  Director  the benefit  described  in this  Section 4.4 in lieu of any other
benefit under this Agreement.

Amount of Benefit.  The benefit  under this  Section 4.4 is 100% of the Deferral
Account balance at Termination of Service.

Payment of Benefit. The Company shall pay the benefit to the Director commencing
on the first day of the month following the Director's  Normal Retirement Age in
the form elected by the Director on the Election Form. If the Director elects to
receive  payments in equal monthly  installments,  the Company shall continue to
credit  interest  on  the  remaining   account  balance  during  any  applicable
installment  period fixed at the rate in effect under  Section 3.1.2 on the date
of the Director's Termination of Service.

4.5 Change of Control Benefit. Upon a Change of Control while the Director is in
the active  service of the  Company,  the Company  shall pay to the Director the
benefit  described in this Section 4.5 in lieu of any other  benefit  under this
Agreement.

Amount of Benefit. The benefit under Section 4.5 is 100% of the Deferral Account
balance on the date of the Director's Termination of Service.

Payment of  Benefit.  The  Company  shall pay the  benefit to the  Director in a
lump-sum  payment  no later  than 60 days after the  Director's  Termination  of
Service.

4.6 Hardship Distribution.  Upon the Company's determination (following petition
by the  Director)  that the  Director has  suffered an  unforeseeable  financial
emergency  as described in Section  3.4,  the Company  shall  distribute  to the
Director 100% of the vested portion of the Deferral Account balance.
<PAGE>

                                    Article 5
                                 Death Benefits

5.1 Death  During  Active  Service.  If the  Director  dies  while in the active
service of the Company, the Company shall pay to the Director's  beneficiary the
benefit described in this Section 5.1.

         Amount of Benefit.  The benefit under Section 5.1 is the greater of the
Deferral Account balance or the projected retirement benefit as per the attached
Schedule B.

         Payment  of  Benefit.   The  Company  shall  pay  the  benefit  to  the
beneficiary  in the form elected by the Director on the  Election  Form.  If the
Director  elects  payments in equal  monthly  installments,  the  Company  shall
continue  to  credit  interest  on the  remaining  account  balance  during  any
applicable installment period fixed at the rate in effect under Section 3.1.2 on
the date of the Director's Termination of Service.

         Death  During  Benefit  Period.  If the  Director  dies  after  benefit
payments  have  commenced  under this  Agreement  but before  receiving all such
payments,  the  Company  shall  pay the  remaining  benefits  to the  Director's
beneficiary  at the same time and in the same  amounts they would have been paid
to the Director had the Director survived.

         Death  After   Termination  of  Service  But  Before  Benefit  Payments
Commence.  If the Director is entitled to benefit payments under this Agreement,
but dies prior to the commencement of said benefit  payments,  the Company shall
pay the benefit  payments to the  Director's  beneficiary  that the Director 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 Director's death.

                                    Article 6
                                  Beneficiaries

Beneficiary Designations. The Director shall designate a beneficiary by filing a
written  designation  with the  Company.  The  Director may revoke or modify the
designation at any time by filing a new designation.  However, designations will
only be effective  if signed by the Director and accepted by the Company  during
the Director's lifetime. The Director's beneficiary  designation shall be deemed
automatically  revoked if the beneficiary  predeceases  the Director,  or if the
Director  names a  spouse  as  beneficiary  and  the  marriage  is  subsequently
dissolved.  If the Director dies without a valid  beneficiary  designation,  all
payments shall be made to the Director's estate in a lump sum.

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 7
                               General Limitations

         Notwithstanding  any provision of this  Agreement to the contrary,  the
Company shall not pay any benefit under this Agreement:

Excess Parachute  Payment.  To the extent the benefit would create an excise tax
under the excess parachute rules of Section 280G of the Code.

Suicide. If the Director commits suicide within two years after the date of this
Agreement,  or if the Director has made any material misstatement of fact on any
application for life insurance purchased by the Company.

                                    Article 8
                          Claims and Review Procedures

         8.1 Claims  Procedure.  The Company  shall  notify any person or entity
that makes a claim against the Agreement  (the  "Claimant")  in writing,  within
ninety (90) days of Claimant's written  application for benefits,  of his or her
eligibility or noneligibility  for benefits under the Agreement.  If the Company
determines that the Claimant 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 the Agreement on which the denial is based, (3) a
<PAGE>
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 the  Agreement's  claims review  procedure and other  appropriate
information as to the steps to be taken if the Claimant 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
Claimant  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  ninety-day
period.

         8.2 Review Procedure.  If the Claimant is determined by the Company not
to be eligible  for  benefits,  or if the  Claimant  believes  that he or she is
entitled  to  greater  or  different  benefits,  the  Claimant  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
Claimant  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 Claimant (and counsel,  if any) an  opportunity  to
present  his or her  position  to the  Company  orally  or in  writing,  and the
Claimant (or counsel)  shall have the right to review the  pertinent  documents.
The Company  shall  notify the  Claimant of its  decision in writing  within the
sixty-day period,  stating specifically the basis of its decision,  written in a
manner  calculated to be understood by the Claimant and the specific  provisions
of the Agreement on which the decision is based.  If,  because of the need for a
hearing,  the sixty-day  period is not sufficient,  the decision may be deferred
for up to another sixty-day period at the election of the Company, but notice of
this deferral shall be given to the Claimant.

                                    Article 9
                           Amendments and Termination

         This Agreement may be amended or terminated only by a written agreement
signed by the Company.

                                   Article 10
                                  Miscellaneous

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

No Guarantee of Service.  This Agreement is not a contract for services. It does
not give the Director the right to remain a Director of the Company, nor does it
interfere with the  shareholders'  rights to replace the Director.  It also does
not require the Director to remain a Director nor interfere  with the Director's
right to terminate services at any time.

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

         10.4 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  or survivor
company.

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

         10.6  Applicable  Law.  The  Plan  and all  rights  hereunder  shall be
governed by and construed  according to the laws of  Connecticut,  except to the
extent preempted by the laws of the United States of America.

         10.7 Unfunded  Arrangement.  The Director and  beneficiary  are general
unsecured  creditors  of the  Company  for the  payment of  benefits  under this
Agreement.  The benefits  represent  the mere 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  Director's  life is a general
asset of the Company to which the Director and beneficiary  have no preferred or
secured claim.

         10.8  Recovery of Estate  Taxes.  If the  Director's  gross  estate for
federal estate tax purposes  includes any amount  determined by reference to and
on  account  of  this  Agreement,  and if the  beneficiary  is  other  than  the
Director's estate,  then the Director's estate shall be entitled to recover from
the  beneficiary  receiving  such benefit under the terms of the  Agreement,  an
amount by which the total estate tax due by the Director's  estate,  exceeds the
total  estate tax which would have been payable if the value of such benefit had
not been  included in the  Director's  gross  estate.  If there is more than one
person receiving such benefit,  the right of recovery shall be against each such
person. In the event the beneficiary has a liability hereunder,  the beneficiary
may  petition  the Company for a lump sum payment in an amount not to exceed the
beneficiary's liability hereunder.
<PAGE>

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

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

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

         10.11  Designated  Fiduciary.  For purposes of the Employee  Retirement
Income  Security  Act of 1974,  if  applicable,  the Company  shall be the named
fiduciary and plan  administrator  under the Agreement.  The named fiduciary may
delegate  to  others   certain   aspects  of  the   management   and   operation
responsibilities  of  the  plan  including  the  service  of  advisors  and  the
delegation of ministerial duties to qualified individuals.

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

DIRECTOR:                             COMPANY:

                                      The First National Bank of Litchfield

/s/ William Sweetman                  By   /s/ Jerome J. Whalen
--------------------                      -----------------------
William Sweetman                          Jerome J. Whalen
                                   Title  President and Chief Executive Officer

<PAGE>
                                  EXHIBIT 1 TO
                     DIRECTOR INCENTIVE RETIREMENT AGREEMENT

                           Normal Retirement Benefits
I elect to receive my Normal  Retirement  Benefits  under  Section  4.1.2 of the
Agreement in the following form:
[Initial One]

 WS  Lump sum

____ Equal monthly installments for 120 months.

                            Early Retirement Benefits
                            -------------------------

I elect to receive  my Early  Retirement  Benefits  under  Section  4.2.2 of the
Agreement in the following form:
[Initial One]

WS   Lump  sum,  payable  on the  first  day of the  month  following  my  Early
Retirement Date.

____ Deferred Lump sum, payable on                                     .

____ Equal monthly  installments  for 120 months  commencing on the first day of
the month following my Early Retirement Date.

____ Deferred Equal monthly installments for 120 months commencing on          .

                               Disability Benefits
                               -------------------

I elect to receive my Disability  Benefits  under Section 4.4.2 of the Agreement
in the following form:
[Initial One]

WS   Lump sum

____ Equal monthly installments for 120 months.

                                 Death Benefits
                                 --------------

I elect to have my Death  Benefit paid under  Section  5.1.2 of the Agreement in
the following form: [Initial One]

WS   Lump sum

____ Equal monthly installments for 120 months.

Signature   /s/ William Sweetman

Date   December 20, 2000

Accepted by the Company this 20th day of December, 2000.
By  /s/ Jerome J. Whalen
    ----------------------------------------
Title  President

<PAGE>
<TABLE>
<CAPTION>

                                                 Schedule A

                                    Deferred Bonus as a % of Board Fees
                                    -----------------------------------

<S>  <C>      <C>      <C>      <C>     <C>      <C>      <C>      <C>      <C>     <C>      <C>      <C>
     14.0  |   34.5     36.2     37.8    39.3     40.8     42.4     43.9     45.5    47.1     48.7     50.2
     13.5  |   33.4     34.9     36.4    37.9     39.5     41.0     42.5     44.0    45.6     47.1     48.6
E    13.0  |   32.3     33.6     34.9    36.6     38.2     39.7     41.1     42.6    44.0     45.5     47.0
A    12.5  |   31.2     32.5     33.8    35.3     36.9     38.3     39.7     41.1    42.5     43.9     45.4
R    12.0  |   30.1     31.4     32.6    34.1     35.5     36.9     38.3     39.7    41.0     42.4     43.7
N    11.5  |   29.0     30.2     31.5    32.8     34.2     35.5     36.9     38.2    39.5     40.8     42.1
I    11.0  |   27.8     29.1     30.3    31.6     32.9     34.2     35.4     36.7    38.0     39.3     40.5
N    10.5  |   26.7     27.9     29.2    30.4     31.6     32.8     34.0     35.2    36.5     37.7     38.9
G    10.0  |   25.6     26.8     28.0    29.2     30.3     31.5     32.6     33.8    34.9     36.1     37.2
S     9.5  |   24.5     25.7     26.9    27.9     29.0     30.1     31.2     32.3    33.4     34.5     35.6
      9.0  |   23.4     24.6     25.8    26.7     27.6     28.7     29.8     30.9    31.9     33.0     34.0
G     8.5  |   22.3     23.2     24.2    25.2     26.3     27.3     28.4     29.4    30.4     31.4     32.4
R     8.0  |   21.2     21.9     22.5    23.8     25.0     26.0     26.9     27.9    28.8     29.8     30.8
O     7.5  |   20.1     20.6     21.1    22.4     23.7     24.6     25.5     26.4    27.3     28.2     29.2
W     7.0  |   18.9     19.3     19.6    21.0     22.4     23.3     24.1     25.0    25.8     26.7     27.5
T     6.5  |   17.8     18.2     18.6    19.8     21.1     21.9     22.7     23.5    24.3     25.1     25.9
H     6.0  |   16.7     17.2     17.6    18.7     19.7     20.5     21.3     22.1    22.8     23.6     24.3
      5.5  |   15.6     16.2     16.7    17.6     18.4     19.1     19.9     20.6    21.3     22.0     22.7
      5.0  |   14.5     15.2     15.8    16.5     17.1     17.8     18.4     19.1    19.7     20.4     21.1
-----------------------------------------------------------------------------------------------------------
           |   11.0     11.5     12.0    12.5     13.0     13.5     14.0     14.5    15.0     15.5     16.0

                                Return on Equity

<CAPTION>

                                   Schedule B

                         ----------------------------------------------------------------------
                                                                      Projected Account
                         Name                                      Balance at Retirement
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
<S>                                                                                     <C>
                         Clayton Blick                                                  23,055
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Ernest Clock                                                   26,633
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         John Field                                                     23,055
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Bernice Fuessenich                                             23,055
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Perley Grimes                                                 177,744
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         George Madsen                                                  36,884
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Charles Orr                                                    54,256
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         William Sweetman                                              228,650
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Patricia Werner                                               258,329
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         H. Ray Underwood                                              576,801
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Thomas Kendall                                                643,453
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
</TABLE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00023-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00023-of-00352.parquet"}]]