Exhibit 10.9
SCHEDULE A
CNB FINANCIAL CORPORATION
Supplemental Executive Retirement Plan
Benefit Schedule for Leanne Kassab
| Normal Retirement Benefit (payable annually) |
$ | 80,314 | ||
| Term for Payment of Normal Retirement Benefit |
20 Years | |||
| Normal Retirement Age |
62 |
Calculation of Accrued Benefit1:
| Plan Year |
December 31 Accrued Benefit |
|||
| Plan Years Ending on December 31, 2023 |
$ | 7,786.00 | ||
| January 1 – December 31, 2024 |
$ | 540,897.00 | ||
| January 1 – December 31, 2025 |
$ | 1,073,733.00 | ||
| January 1 – December 31, 2026 and all subsequent Plan years |
$ | 1,606,282.00 | ||
| LEANNE KASSAB | ||
| By: | /s/ Leanne Kassab | |
| Date: | October 1, 2023 | |
| CNB FINANCIAL CORPORATION | ||
| By: | /s/ Michael D. Peduzzi | |
| Name: | Michael D. Peduzzi | |
| Title: | President & CEO | |
| Date: | October 1, 2023 | |
| 1 | Accrued Benefit (calculated as set forth herein) to be divided by twenty (20) and paid over a term of twenty (20) years. |