EXHIBIT 10.a
Washington Trust Bancorp, Inc.
Amendment to Change in Control Agreements with Executive Officers
Amendment to Executive Severance Agreement
The Agreement made as of February 10, 2000 by and among Washington Trust
Bancorp, Inc., a Rhode Island corporation with its principal place of business
in Westerly, Rhode Island (the "Corporation"), Washington Trust Company of
Westerly, a Rhode Island banking corporation with its principal place of
business in Westerly, Rhode Island (the "Bank") and John F. Treanor of South
Kingstown (the "Executive"), is hereby amended by deleting Section 4(c) thereof
and substituting the following in lieu thereof:
"(c) the Corporation and/or the Bank shall provide the
Executive with 24 months of additional benefit accrual under the
Corporation's and the Bank's supplemental retirement plans, but
only to the extent the Executive was eligible to participate in
such plan immediately prior to the Change in Control; and"
The effective date of this Amendment is September 1, 2001.
IN WITNESS WHEREOF, this Amendment has been executed as a sealed instrument by
the Corporation and the Bank by their duly authorized officers and by the
Executive this 16th day of August, 2001.
Washington Trust Bancorp, Inc.
By:
David V. Devault
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David V. Devault
Executive Vice President, Treasurer, and Chief
Financial Officer
Washington Trust COMPANY OF WESTERLY
By:
David V. Devault
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David V. Devault
Executive Vice President, Treasurer, and Chief
Financial Officer
John F. Treanor
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Executive
Amendment to Executive Severance Agreement
The Agreement made as of February 10, 2000 by and among Washington Trust
Bancorp, Inc., a Rhode Island corporation with its principal place of business
in Westerly, Rhode Island (the "Corporation"), Washington Trust Company of
Westerly, a Rhode Island banking corporation with its principal place of
business in Westerly, Rhode Island (the "Bank") and John C. Warren of
Narragansett (the "Executive"), is hereby amended by deleting Section 4(c)
thereof and substituting the following in lieu thereof:
"(c) the Corporation and/or the Bank shall provide the
Executive with 36 months of additional benefit accrual under the
Corporation's and the Bank's supplemental retirement plans, but
only to the extent the Executive was eligible to participate in
such plan immediately prior to the Change in Control; and"
The effective date of this Amendment is September 1, 2001.
IN WITNESS WHEREOF, this Amendment has been executed as a sealed instrument by
the Corporation and the Bank by their duly authorized officers and by the
Executive this 16th day of August, 2001.
Washington Trust Bancorp, Inc.
By:
David V. Devault
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David V. Devault
Executive Vice President, Treasurer, and Chief
Financial Officer
Washington Trust COMPANY OF WESTERLY
By:
David V. Devault
----------------------------------------------
David V. Devault
Executive Vice President, Treasurer, and Chief
Financial Officer
John C. Warren
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Executive