Evans Bancorp, Inc. (EVBN) Social Stream

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$EVBN New SEC Filing: 8-K Emp Changes - EVANS BANCORP INC (0000842518) August 13


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 13, 2021, Evans Bancorp, Inc. (the "Company") entered into a change in control agreement with Aaron Whitehouse, who is employed by The Evans Agency, LLC (the "Agency"), a wholly owned subsidiary of the Company. The initial term of the agreement is for 24 months which automatically renews daily so that the unexpired term shall always be 24 months, until the date that the Company gives Mr. Whitehouse written notice of non-renewal, in which case, the term will end on the date 24 months after the date of the non-renewal notice. The (...)

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