SEC Contract Filing

Filing Date: 2015-03-16

Document Content:
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<TYPE>EX-10.5
<SEQUENCE>7
<FILENAME>fraf-20141231ex10597ff0d.htm
<DESCRIPTION>EX-10.5
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 Exhibit 105
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 <a name="_GoBack"></a><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">EXHIBIT </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">10</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">.</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">5</font>
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 <font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">FRANKLIN</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">FINANCIAL</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">SERVICES</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">CORPORATION</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">&nbsp;</font>
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 <font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">DIRECTORS&#x2019;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">PAY</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">FOR</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">PERFORMANCE</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:9pt;">PROGRAM</font>
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 <font style="display: inline;font-family:Times New Roman;font-size:9pt;">(Effective</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">January</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">1,</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">2008)</font>
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 <font style="display: inline;font-family:Times New Roman;font-size:9pt;">Franklin</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">Financial</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">Services</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">Corporation</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">(the</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&#x201C;Corporation&#x201D;)</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">establishes</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">this</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">Directors&#x2019;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">Pay</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">for</font><font style="display: inline;f