FORM OF SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN JOINDER AGREEMENT
I, , and CRESCENT BANK AND TRUST COMPANY hereby agree, for good and valuable consideration, the value
of which is hereby acknowledged, that I shall participate in the Supplemental Executive Retirement Plan (“Plan”) established as
of September 1, 2007, by CRESCENT BANK AND TRUST COMPANY, as such Plan may now exist or hereafter be modified, and
do further agree to the terms and conditions thereof.
I understand that I must execute and return a copy of this Supplemental Executive Retirement Plan Joinder Agreement
(“Joinder Agreement”) to the Administrator in order to participate in the Plan. The provisions of the Plan are incorporated
herein by reference. In the event of an inconsistency between the terms of this Joinder Agreement and the Plan, the terms of the
Plan shall control.
I understand that, except in the case of my voluntary or involuntary termination of employment without Cause prior to my
Benefit Age, any benefit payable to me or my Beneficiary hereunder shall be payable over 180 months (the “Payout Period”),
unless I elect, in accordance with the provisions of the Plan, to receive (or to have my Beneficiary receive) a lump sum payment.
In order to receive a lump sum payment payable under the following conditions: (i) attainment of Benefit Age, (ii) following a
Change in Control, (iii) due to Disability, or (iv) death, I must make such election on this Joinder Agreement upon my initial
participation in this Plan.
Benefit Age . My Benefit Age is sixty-five (65).
Retirement on or After Benefit Age . I understand that unless I made the election immediately above to receive my
Supplemental Retirement Benefit at my Benefit Age without regard to my Separation from Service, I will receive my
Supplemental Retirement Benefit on my Benefit Eligibility Date following my Separation from Service, calculated in accordance
with Subsections 1.25 and 3.1, subject to all relevant provisions of the Plan.