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Exhibit 10.7(c)
BANK RHODE ISLAND
NONQUALIFIED DEFERRED COMPENSATION PLAN
AMENDMENT NO. 4
WHEREAS, Bank Rhode Island (the "Company") established and has maintained the Bank Rhode Island Nonqualified
Deferred Compensation Plan (the "Plan") effective January 1, 1997, to provide unfunded deferred compensation for a select
group of management or highly compensated employees; and
WHEREAS, the Company has maintained the right to amend the Plan from time to time; and
WHEREAS, the Company desires to clarify that the Plan include employees of the Company's subsidiaries;
NOW THEREFORE, the Plan is hereby amended as follows:
1.
The definition of "Company" in Section 1.2 of the Plan document is deleted in its entirety and replaced with the
following new definition.
"1.2 " Company " means Bank Rhode Island, a Rhode Island financial institution, and any wholly-owned
subsidiaries of Bank Rhode Island."
IN WITNESS WHEREOF, the Company has executed this Fourth Amendment this 18th day of December , 2007.
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Exhibit 10.7(c)
BANK RHODE ISLAND NONQUALIFIED DEFERRED COMPENSATION PLAN AMENDMENT NO. 4
BANK RHODE ISLAND
By:
/s/MERRILL W. SHERMAN
Title: President & CEO
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Exhibit 10.7(c)
BANK RHODE ISLAND NONQUALIFIED DEFERRED COMPENSATION PLAN AMENDMENT NO. 4