UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): March 27, 2007
NEW HAMPSHIRE THRIFT BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
| | | | |
| DELAWARE | | 0-17859 | | 02-0430695 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
9 Main Street, P.O. Box 9, Newport, New Hampshire 03773
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (603) 863-0886
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 1.01 | Amendment of a Material Definitive Agreement |
On March 27, 2007, the Board of Directors of New Hampshire Thrift Bancshares, Inc. (the “Board”) amended the Supplemental Executive Retirement Plan of New Hampshire Thrift Bancshares, Inc. (the “Plan”) in order to provide for discretionary contributions to the accounts of participants of up to 25% of their base compensation in addition to other contributions under the Plan for a total possible contribution of 35% of base compensation in any calendar year. The amendment to the Plan adopted by the Board is attached hereto as Exhibit 10.13.
Each executive officer who participates in the Plan may also make an annual election to defer receipt of all or a portion of his or her annual cash compensation received from New Hampshire Thrift Bancshares, Inc. and Lake Sunapee Bank, FSB. The deferred amounts are allocated to a deferral account and credited with interest according to the investment classifications made available by the Board. The Plan is an unfunded, non-qualified plan that provides for distribution of the amounts deferred to participants or their designated beneficiaries upon the occurrence of certain events such as death, retirement, termination of service, hardship or a change in control (as those terms are defined in the Plan as required by section 409A of the Internal Revenue Code of 1986 and regulations or other guidance of the Internal Revenue Service published thereunder).
| Item 9.01. | Financial Statements and Exhibits |
| (d) | | The following exhibit is filed with this Report: |
| | | | |
| | | Exhibit No. | | Description |
| | 10.13 | | Amendment to the Supplemental Executive Retirement Plan of New Hampshire Thrift Bancshares, Inc. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| NEW HAMPSHIRE THRIFT BANCSHARES, INC. |
| |
By: | | /s/ Stephen R. Theroux |
| | Stephen R. Theroux |
| | Vice Chairman of the Board of Directors, Executive Vice President, Chief Financial Officer and Corporate Secretary |
Date: March 30, 2007
EXHIBIT INDEX
| | |
| Exhibit | | Description |
| 10.13 | | Amendment to the Supplemental Executive Retirement Plan of New Hampshire Thrift Bancshares, Inc |
