EXHIBIT 10.1
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                FORM OF EXTENSION OF CHANGE IN CONTROL AGREEMENT
                             WITH EXECUTIVE OFFICERS

1.    Term of Agreement. The Change in Control Agreement (the Agreement) between
      Salisbury  Bank and Trust Company (the "Bank") and Executive is, by mutual
      agreement  between the Bank and  Executive,  hereby  extended for a twelve
      (12) month  period so as to remain in effect  until  September  30,  2007,
      provided  that in the case of a "change in control" (as defined in Section
      2 of the Agreement)  occurring prior to September 30, 2007, the Agreements
      shall  remain in effect for twelve (12) months after the date on which any
      such change in control is consummated.

Agreed  to this  29th  day of  September,  2006  by and  between  Executive  and
Salisbury Bank and Trust Company.


      Executive                                 Salisbury Bank and Trust Company

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