Document:

Exhibit No. 10.17

                      THE FIRST NATIONAL BANK OF LITCHFIELD
                    EXECUTIVE INCENTIVE RETIREMENT AGREEMENT

THIS AGREEMENT is made this 19th day of December, 2000, by and between The First
National  Bank  of  Litchfield,   a  national   bank,   located  in  Litchfield,
Connecticut, (the "Company"), and Philip Samponaro (the "Executive").

                                  INTRODUCTION

To encourage the Executive to remain an employee of the Company,  the Company is
willing to provide  to the  Executive  a  deferred  incentive  opportunity.  The
Company will pay the benefits from its general assets.

                                    AGREEMENT

The Executive 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:

"Base Salary" means the total annual base salary payable to the Executive at the
rate in effect on the date  specified.  Base Salary shall not be reduced for any
salary  reduction  contributions:  (i) to cash or  deferred  arrangements  under
Section  401(k) of the Code;  (ii) to a cafeteria  plan under Section 125 of the
Code;  or (iii) to a  deferred  compensation  plan that is not  qualified  under
Section 401(a) of the Code.

"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. The maximum crediting rate will not apply in the event of a Change
of Control.

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

"Disability" means the Executive's inability to perform substantially all normal
duties of the  Executive'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 Executive to submit to such physical or mental  evaluations  and
tests as the Board of Directors deems appropriate.

"Early  Retirement  Age" means the  Executive's  55th birthday,  provided he has
completed at least 20 Years of Service.

"Early  Retirement  Date"  means  the date  that the  Executive  has  terminated
employment  after  attaining  his 55th  birthday  but before  his 65th  birthday
provided he has completed at least 20 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.
<PAGE>

"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.

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

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

"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 Employment"  means the Executive  ceasing to be employed by the
Company  for any reason  whatsoever,  voluntary  or  involuntary,  other than by
reason of an approved leave of absence.

"Years of Service" means the total number of  twelve-month  periods during which
the  Executive is employed on a full-time  basis by the Company  (including  any
twelve  month  periods  occurring  prior  to the  adoption  of this  Agreement),
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")  determined  as of  December 31 of each plan year
shall determine the Executive'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 Executive's Base Salary for
the  Plan  Year in  which  the ROE 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
Executive 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 Executive attaining Normal Retirement Age, (iii) the
Early  Retirement  Date,  and (iv) if the Executive is terminated by the Company
without cause.

                                    Article 3
                                Deferral Account

3.1 Establishing  and Crediting.  The Company shall establish a Deferral Account
on its books for the  Executive,  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  Executive,
within one hundred  twenty (120) days after each Plan Year, a statement  setting
forth the Deferral Account activity.
<PAGE>

         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  Executive 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  Executive's  rights are not  subject in any
manner  to  anticipation,   alienation,  sale,  transfer,   assignment,  pledge,
encumbrance, attachment, or garnishment by the Executive's creditors.

                                    Article 4
                                Lifetime Benefits

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

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

Payment  of  Benefit.  The  Company  shall  pay  the  benefit  to the  Executive
commencing  on the first  day of the  month  following  the  Executive's  Normal
Retirement  Date in the form elected by the  Executive on the Election  Form. If
the  Executive  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 Executive's Termination of Employment.

4.2 Early Retirement Benefit. If the Executive terminates employment on or after
the Early  Retirement Age and before the Normal  Retirement Age, and for reasons
other than death or  Disability,  the  Company  shall pay to the  Executive  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 Executive's Early Retirement Date.

Payment of Benefit.  The Company  shall pay the benefit to the  Executive in the
form and on the date  elected by the  Executive  on the  Election  Form.  If the
Executive  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  Executive' s Termination
of Employment.

Early Termination  Benefit.  If the Executive  terminates  employment before the
Early  Retirement  Age or Normal  Retirement Age for reasons other than death or
Disability, the Company shall pay to the Executive the benefit described in this
Section 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 Executive's Termination of Employment.

Vesting of Awards.  For purposes of this Section 4.3, Incentive Awards will vest
20% per year commencing with the year the award was declared.

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

4.4 Disability  Benefit. If the Executive  terminates  employment for Disability
prior to the Early  Retirement Age or Normal  Retirement  Age, the Company shall
pay to the  Executive  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 Employment.

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

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

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

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

4.6 Hardship Distribution.  Upon the Company's determination (following petition
by the  Executive)  that the Executive has suffered an  unforeseeable  financial
emergency  as described in Section  3.4,  the Company  shall  distribute  to the
Executive all of the Deferral Account balance as determined by the Company.

                                    Article 5
                                 Death Benefits

5.1 Death  During  Active  Service.  If the  Executive  dies while in the active
service of the Company, the Company shall pay to the Executive's beneficiary the
benefit described in this Section 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  commencing on the first day of the month  following the Executive's
death  in the  form  elected  by the  Executive  on the  Election  Form.  If the
Executive  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 Executive' s Termination of Employment.

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

         Death After  Termination  of  Employment  But Before  Benefit  Payments
Commence. If the Executive 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 Executive's  beneficiary that the Executive was
entitled to prior to death except that the benefit  payments  shall  commence on
the first day of the month following the date of the Executive's death.

                                    Article 6
                                  Beneficiaries

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

                                    Article 7
                               General Limitations

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

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

7.2 Termination for Cause. If the Company terminates the Executive's  employment
for:

         Gross negligence or gross neglect of duties;

         Commission  of a  felony  or of a  gross  misdemeanor  involving  moral
turpitude; or

         Fraud,  disloyalty,  dishonesty  or  willful  violation  of any  law or
significant   Company  policy  committed  in  connection  with  the  Executive's
employment and resulting in an adverse effect on the Company.

7.3 Suicide. If the Executive commits suicide within two years after the date of
this Agreement,  or if the Executive 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
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.

<PAGE>

                                   Article 10
                                  Miscellaneous

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

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

         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 Executive 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  Executive's  life is a general
asset of the Company to which the Executive and beneficiary have no preferred or
secured claim.

         10.8  Recovery of Estate  Taxes.  If the  Executive'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
Executive's  estate,  then the  Executive'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 Executive's estate,  exceeds the
total  estate tax which would have been payable if the value of such benefit had
not been included in the  Executive'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.

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

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  employment  of  advisors  and the
delegation of ministerial duties to qualified individuals.

IN WITNESS  WHEREOF,  the Executive and a duly  authorized  Company officer have
signed this Agreement.
<PAGE>

EXECUTIVE:                        COMPANY:
                                  The First National Bank of Litchfield

/s/ Philip G. Samponaro           By   /s/ Jerome J. Whalen
------------------------               --------------------------------------
Philip G. Samponaro
                               Title   President

<PAGE>

                                  EXHIBIT 1 TO
                    EXECUTIVE 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]

 X   Lump sum

____ Equal monthly installments for 180 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]

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

____ Deferred Lump sum, payable on                                     .

____ Equal monthly  installments  for 180 months  commencing on the first day of
the month following my Early Retirement Date.

____ Deferred Equal monthly installments for 180 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

X Equal monthly installments for 180 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]

  X    Lump sum

____ Equal monthly installments for 180 months.

Signature   /s/ Philip G. Samponaro

Date   December 19, 2000

Accepted by the Company this 19th day of December, 2000.
By  Jerome J. Whalen
    -------------------
Title President

<PAGE>
<TABLE>
<CAPTION>

                                                 Schedule A

                                      Deferred Bonus as a % of Salary
                                      -------------------------------
<S>  <C>       <C>      <C>      <C>     <C>      <C>      <C>      <C>      <C>     <C>      <C>      <C>
     14.0  |   11.1     11.6     12.1    12.6     13.1     13.6     14.1     14.6    15.1     15.6     16.1
     13.5  |   10.7     11.2     11.7    12.2     12.7     13.1     13.6     14.1    14.6     15.1     15.6
E    13.0  |   10.3     10.8     11.3    11.8     12.2     12.7     13.1     13.6    14.1     14.6     15.0
A    12.5  |   10.0     10.4     10.9    11.4     11.8     12.2     12.7     13.1    13.6     14.1     14.5
R    12.0  |    9.6     10.1     10.5    11.0     11.4     11.8     12.2     12.7    13.1     13.6     14.0
N    11.5  |    9.3      9.7     10.1    10.5     11.0     11.4     11.8     12.2    12.6     13.1     13.5
I    11.0  |    8.9      9.3      9.7    10.1     10.5     10.9     11.3     11.7    12.1     12.6     13.0
N    10.5  |    8.6     8.9       9.3     9.7     10.1     10.5     10.9     11.3    11.7     12.1     12.5
G    10.0  |    8.2      8.5      8.8     9.3      9.7     10.1     10.4     10.8    11.2     11.6     11.9
S     9.5  |    7.9      8.2      8.5     8.9      9.3      9.6     10.0     10.3    10.7     11.1     11.4
      9.0  |    7.5      7.8      8.1     8.5      8.8      9.2      9.5      9.9    10.2     10.6     10.9
G     8.5  |    7.2      7.5      7.8     8.1      8.4      8.7      9.1      9.4     9.7     10.0     10.4
R     8.0  |    6.8      7.2      7.5     7.8      8.0      8.3      8.6      8.9     9.2      9.5      9.8
O     7.5  |    6.5      6.7      7.0     7.3      7.6      7.9      8.2      8.5     8.8      9.0      9.3
W     7.0  |    6.1      6.3      6.5     6.9      7.2      7.5      7.7      8.0     8.3      8.6      8.8
T     6.5  |    5.7      6.0      6.2     6.5      6.8      7.0      7.3      7.5    7.8       8.1      8.3
H     6.0  |    5.3      5.6      5.9     6.1      6.3      6.6      6.8      7.1     7.3      7.6      7.8
      5.5  |    5.0      5.2      5.5     5.7      5.9      6.1      6.4      6.6     6.8      7.0      7.3
      5.0  |    4.6      4.8      5.0     5.3      5.5      5.7      5.9      6.1     6.3      6.5      6.7
-----------------------------------------------------------------------------------------------------------
           |   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 Amount
                         Name                                                      Balance at Retirement
                         --------------------------------------------------------------------------------
                         --------------------------------------------------------------------------------
<S>                                                                                              <C>
                         Jerome J. Whalen                                                        204,698
                         --------------------------------------------------------------------------------
                         --------------------------------------------------------------------------------
                         John Newton                                                              57,244
                         --------------------------------------------------------------------------------
                         --------------------------------------------------------------------------------
                         Revere Ferris                                                            89,473
                         --------------------------------------------------------------------------------
                         --------------------------------------------------------------------------------
                         Carroll Pereira                                                         687,634
                         --------------------------------------------------------------------------------
                         --------------------------------------------------------------------------------
                         Philip Samponaro                                                         89,473
                         --------------------------------------------------------------------------------
                         --------------------------------------------------------------------------------
</TABLE>Exhibit No. 10.18
                      THE FIRST NATIONAL BANK OF LITCHFIELD
                    EXECUTIVE INCENTIVE RETIREMENT AGREEMENT

THIS AGREEMENT is made this 30th day of November, 2000, by and between The First
National  Bank  of  Litchfield,   a  national   bank,   located  in  Litchfield,
Connecticut, (the "Company"), and Revere Ferris (the "Executive").

                                  INTRODUCTION

To encourage the Executive to remain an employee of the Company,  the Company is
willing to provide  to the  Executive  a  deferred  incentive  opportunity.  The
Company will pay the benefits from its general assets.

                                    AGREEMENT

The Executive 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:

"Base Salary" means the total annual base salary payable to the Executive at the
rate in effect on the date  specified.  Base Salary shall not be reduced for any
salary  reduction  contributions:  (i) to cash or  deferred  arrangements  under
Section  401(k) of the Code;  (ii) to a cafeteria  plan under Section 125 of the
Code;  or (iii) to a  deferred  compensation  plan that is not  qualified  under
Section 401(a) of the Code.

"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. The maximum crediting rate will not apply in the event of a Change
of Control.

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

"Disability" means the Executive's inability to perform substantially all normal
duties of the  Executive'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 Executive to submit to such physical or mental  evaluations  and
tests as the Board of Directors deems appropriate.

"Early  Retirement  Age" means the  Executive's  55th birthday,  provided he has
completed at least 20 Years of Service.

"Early  Retirement  Date"  means  the date  that the  Executive  has  terminated
employment  after  attaining  his 55th  birthday  but before  his 65th  birthday
provided he has completed at least 20 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.
<PAGE>
"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.

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

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

"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 Employment"  means the Executive  ceasing to be employed by the
Company  for any reason  whatsoever,  voluntary  or  involuntary,  other than by
reason of an approved leave of absence.

"Years of Service" means the total number of  twelve-month  periods during which
the  Executive is employed on a full-time  basis by the Company  (including  any
twelve  month  periods  occurring  prior  to the  adoption  of this  Agreement),
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")  determined  as of  December 31 of each plan year
shall determine the Executive'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 Executive's Base Salary for
the  Plan  Year in  which  the ROE 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
Executive 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 Executive attaining Normal Retirement Age, (iii) the
Early  Retirement  Date,  and (iv) if the Executive is terminated by the Company
without cause.

                                    Article 3
                                Deferral Account

3.1 Establishing  and Crediting.  The Company shall establish a Deferral Account
on its books for the  Executive,  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  Executive,
within one hundred  twenty (120) days after each Plan Year, a statement  setting
forth the Deferral Account activity.
<PAGE>
         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  Executive 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  Executive's  rights are not  subject in any
manner  to  anticipation,   alienation,  sale,  transfer,   assignment,  pledge,
encumbrance, attachment, or garnishment by the Executive's creditors.

                                    Article 4
                                Lifetime Benefits

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

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

Payment  of  Benefit.  The  Company  shall  pay  the  benefit  to the  Executive
commencing  on the first  day of the  month  following  the  Executive's  Normal
Retirement  Date in the form elected by the  Executive on the Election  Form. If
the  Executive  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 Executive's Termination of Employment.

4.2 Early Retirement Benefit. If the Executive terminates employment on or after
the Early  Retirement Age and before the Normal  Retirement Age, and for reasons
other than death or  Disability,  the  Company  shall pay to the  Executive  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 Executive's Early Retirement Date.

Payment of Benefit.  The Company  shall pay the benefit to the  Executive in the
form and on the date  elected by the  Executive  on the  Election  Form.  If the
Executive  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  Executive' s Termination
of Employment.

Early Termination  Benefit.  If the Executive  terminates  employment before the
Early  Retirement  Age or Normal  Retirement Age for reasons other than death or
Disability, the Company shall pay to the Executive the benefit described in this
Section 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 Executive's Termination of Employment.

Vesting of Awards.  For purposes of this Section 4.3, Incentive Awards will vest
20% per year commencing with the year the award was declared.

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

4.4 Disability  Benefit. If the Executive  terminates  employment for Disability
prior to the Early  Retirement Age or Normal  Retirement  Age, the Company shall
pay to the  Executive  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 Employment.

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

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

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

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

4.6 Hardship Distribution.  Upon the Company's determination (following petition
by the  Executive)  that the Executive has suffered an  unforeseeable  financial
emergency  as described in Section  3.4,  the Company  shall  distribute  to the
Executive all of the Deferral Account balance as determined by the Company.

                                    Article 5
                                 Death Benefits

5.1 Death  During  Active  Service.  If the  Executive  dies while in the active
service of the Company, the Company shall pay to the Executive's beneficiary the
benefit described in this Section 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  commencing on the first day of the month  following the Executive's
death  in the  form  elected  by the  Executive  on the  Election  Form.  If the
Executive  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 Executive' s Termination of Employment.

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

         Death After  Termination  of  Employment  But Before  Benefit  Payments
Commence. If the Executive 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 Executive's  beneficiary that the Executive was
entitled to prior to death except that the benefit  payments  shall  commence on
the first day of the month following the date of the Executive's death.

                                   Article 6
                                 Beneficiaries

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

                                    Article 7
                               General Limitations

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

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

7.2 Termination for Cause. If the Company terminates the Executive's  employment
for:

         Gross negligence or gross neglect of duties;

         Commission  of a  felony  or of a  gross  misdemeanor  involving  moral
turpitude; or

         Fraud,  disloyalty,  dishonesty  or  willful  violation  of any  law or
significant   Company  policy  committed  in  connection  with  the  Executive's
employment and resulting in an adverse effect on the Company.

7.3 Suicide. If the Executive commits suicide within two years after the date of
this Agreement,  or if the Executive 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
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.

<PAGE>
                                   Article 10
                                  Miscellaneous

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

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

         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 Executive 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  Executive's  life is a general
asset of the Company to which the Executive and beneficiary have no preferred or
secured claim.

         10.8  Recovery of Estate  Taxes.  If the  Executive'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
Executive's  estate,  then the  Executive'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 Executive's estate,  exceeds the
total  estate tax which would have been payable if the value of such benefit had
not been included in the  Executive'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.

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

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  employment  of  advisors  and the
delegation of ministerial duties to qualified individuals.
<PAGE>

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

EXECUTIVE:                            COMPANY:
                                      The First National Bank of Litchfield

/s/ Revere H. Ferris                  By       /s/ Jerome J. Whalen
----------------------------------             --------------------
Revere Ferris
                                      Title    President
                                               --------------------------

<PAGE>

                                  EXHIBIT 1 TO
                    EXECUTIVE 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]

X    Lump sum

____ Equal monthly installments for 180 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]

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

____ Deferred Lump sum, payable on                                     .

____ Equal monthly  installments  for 180 months  commencing on the first day of
the month following my Early Retirement Date.

____ Deferred Equal monthly installments for 180 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]

 X   Lump sum

____ Equal monthly installments for 180 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]

X    Lump sum

____ Equal monthly installments for 180 months.

Signature   /s/ Revere H. Ferris
            --------------------------------

Date    November 30, 2000
       -----------------------------

Accepted by the Company this  15th day of December, 2000.
                             ------       ---------
By   /s/ Jerome J.Whalen
    ----------------------------------------
Title  President
       -----------

<PAGE>
<TABLE>
<CAPTION>

                                                 Schedule A

                                      Deferred Bonus as a % of Salary
                                      -------------------------------

<S>  <C>       <C>      <C>      <C>     <C>      <C>      <C>      <C>      <C>     <C>      <C>      <C>
     14.0   |  11.1     11.6     12.1    12.6     13.1     13.6     14.1     14.6    15.1     15.6     16.1
     13.5   |  10.7     11.2     11.7    12.2     12.7     13.1     13.6     14.1    14.6     15.1     15.6
E    13.0   |  10.3     10.8     11.3    11.8     12.2     12.7     13.1     13.6    14.1     14.6     15.0
A    12.5   |  10.0     10.4     10.9    11.4     11.8     12.2     12.7     13.1    13.6     14.1     14.5
R    12.0   |   9.6     10.1     10.5    11.0     11.4     11.8     12.2     12.7    13.1     13.6     14.0
N    11.5   |   9.3      9.7     10.1    10.5     11.0     11.4     11.8     12.2    12.6     13.1     13.5
I    11.0   |   8.9      9.3      9.7    10.1     10.5     10.9     11.3     11.7    12.1     12.6     13.0
N    10.5   |   8.6     8.9       9.3     9.7     10.1     10.5     10.9     11.3    11.7     12.1     12.5
G    10.0   |   8.2      8.5      8.8     9.3      9.7     10.1     10.4     10.8    11.2     11.6     11.9
S     9.5   |   7.9      8.2      8.5     8.9      9.3      9.6     10.0     10.3    10.7     11.1     11.4
      9.0   |   7.5      7.8      8.1     8.5      8.8      9.2      9.5      9.9    10.2     10.6     10.9
G     8.5   |   7.2      7.5      7.8     8.1      8.4      8.7      9.1      9.4     9.7     10.0     10.4
R     8.0   |   6.8      7.2      7.5     7.8      8.0      8.3      8.6      8.9     9.2      9.5      9.8
O     7.5   |   6.5      6.7      7.0     7.3      7.6      7.9      8.2      8.5     8.8      9.0      9.3
W     7.0   |   6.1      6.3      6.5     6.9      7.2      7.5      7.7      8.0     8.3      8.6      8.8
T     6.5   |   5.7      6.0      6.2     6.5      6.8      7.0      7.3      7.5    7.8       8.1      8.3
H     6.0   |   5.3      5.6      5.9     6.1      6.3      6.6      6.8      7.1     7.3      7.6      7.8
      5.5   |   5.0      5.2      5.5     5.7      5.9      6.1      6.4      6.6     6.8      7.0      7.3
      5.0   |   4.6      4.8      5.0     5.3      5.5      5.7      5.9      6.1     6.3      6.5      6.7
-----------------------------------------------------------------------------------------------------------
            |  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>
                         Jerome J. Whalen                                              204,698
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         John Newton                                                    57,244
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Revere Ferris                                                  89,473
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Carroll Pereira                                               687,634
                         ----------------------------------------------------------------------
                         ----------------------------------------------------------------------
                         Philip Samponaro                                               89,473
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</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"}]]