Attached files
file | filename |
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10-Q - FORM 10-Q - CITIZENS REPUBLIC BANCORP, INC. | k50290e10vq.htm |
EX-31.1 - EX-31.1 - CITIZENS REPUBLIC BANCORP, INC. | k50290exv31w1.htm |
EX-32.1 - EX-32.1 - CITIZENS REPUBLIC BANCORP, INC. | k50290exv32w1.htm |
EX-31.2 - EX-31.2 - CITIZENS REPUBLIC BANCORP, INC. | k50290exv31w2.htm |
EX-10.63 - EX-10.63 - CITIZENS REPUBLIC BANCORP, INC. | k50290exv10w63.htm |
Exhibit 10.64
AMENDMENT TO THE
CITIZENS REPUBLIC BANCORP
DEFERRED COMPENSATION PLAN FOR DIRECTORS
CITIZENS REPUBLIC BANCORP
DEFERRED COMPENSATION PLAN FOR DIRECTORS
This Amendment to the Citizens Republic Bancorp Deferred Compensation Plan For Directors (the
Plan) is adopted by Citizens Republic Bancorp, a Michigan corporation (the Corporation). This
Amendment is adopted with reference to the following:
A. The Corporation has maintained the Plan for several years. The Plan was amended and
restated in its entirety effective January 1, 2008;
B. The Corporation wishes to amend the Plan to clarify that the definition of compensation
under the Plan, for purposes of deferral of compensation, is limited to cash compensation and
excludes Directors board or committee retainers or other compensation paid in stock.
NOW, THEREFORE, the Plan is amended as follows: |
1. Section 8.05 of the Plan is amended in its entirety to read as follows:
8.05 Compensation means, meeting fees paid in cash by the Corporation or any
of its subsidiaries to a Director, including any before-tax contributions made to this Plan
or any other plan by the Corporation from such Compensation amount at the election of the
Participant through deferral, but excludes any other contributions made by the Corporation
on behalf of the Participant under this Plan or any other plan or fringe benefit program of
the Corporation. Compensation excludes Directors board or committee retainers or other
compensation paid in stock.
2. This Amendment is effective December 8, 2010.
The Company has caused this Amendment to be executed on December 8, 2010.
CITIZENS REPUBLIC BANCORP |
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By | /s/Susan P. Brockett | |||
Its Corporate Human Resources Director | ||||