The National Bank of Blacksburg
Salary Continuation Plan – Schedule A
F. Brad Denardo
Birth Date: 1/1/1959 Plan Amendment Effective Date: 1/1/2008 |
| Early Termination |
| Disability |
| Change of Control |
| Pre-retirement Death Benefit |
| ||||
Normal Retirement 7/2/2017, Age 65: |
| Annual Benefits |
| Annual Benefits |
| Annual Benefits |
| Annual Benefits |
| ||||
|
| (1) |
|
|
|
|
|
|
| ||||
on or after: Separation of Service |
| Vesting |
| Dollars |
| (2) |
| (3) |
| (4) |
| ||
December 31, 2007 |
| 100.00 | % | $ | 7,640 |
| $ | 7,640 |
| 39,886 |
| 72,488 |
|
December 31, 2008 |
| 100.00 | % | $ | 14,407 |
| $ | 14,407 |
| 42,451 |
| 72,488 |
|
December 31, 2009 |
| 100.00 | % | $ | 21,173 |
| $ | 21,173 |
| 45,182 |
| 72,488 |
|
December 31, 2010 |
| 100.00 | % | $ | 27,940 |
| $ | 27,940 |
| 48,088 |
| 72,488 |
|
December 31, 2011 |
| 100.00 | % | $ | 34,707 |
| $ | 34,707 |
| 51,181 |
| 72,488 |
|
December 31, 2012 |
| 100.00 | % | $ | 41,474 |
| $ | 41,474 |
| 54,473 |
| 72,488 |
|
December 31, 2013 |
| 100.00 | % | $ | 48,240 |
| $ | 48,240 |
| 57,977 |
| 72,488 |
|
December 31, 2014 |
| 100.00 | % | $ | 55,007 |
| $ | 55,007 |
| 61,706 |
| 72,488 |
|
December 31, 2015 |
| 100.00 | % | $ | 61,774 |
| $ | 61,774 |
| 65,675 |
| 72,488 |
|
December 31, 2016 |
| 100.00 | % | $ | 68,541 |
| $ | 68,541 |
| 69,899 |
| 72,488 |
|
July 2, 2017 (*) |
| 100.00 | % | $ | 72,488 |
| $ | 72,488 |
| 72,488 |
| 72,488 |
|
(*) Normal Retirement Age