EX-10 3 q301e10a.txt EXHIBIT 10.A Q3-2001 EXHIBIT 10.a Washington Trust Bancorp, Inc. Amendment to Change in Control Agreements with Executive Officers Amendment to Executive Severance Agreement The Agreement made as of February 10, 2000 by and among Washington Trust Bancorp, Inc., a Rhode Island corporation with its principal place of business in Westerly, Rhode Island (the "Corporation"), Washington Trust Company of Westerly, a Rhode Island banking corporation with its principal place of business in Westerly, Rhode Island (the "Bank") and John F. Treanor of South Kingstown (the "Executive"), is hereby amended by deleting Section 4(c) thereof and substituting the following in lieu thereof: "(c) the Corporation and/or the Bank shall provide the Executive with 24 months of additional benefit accrual under the Corporation's and the Bank's supplemental retirement plans, but only to the extent the Executive was eligible to participate in such plan immediately prior to the Change in Control; and" The effective date of this Amendment is September 1, 2001. IN WITNESS WHEREOF, this Amendment has been executed as a sealed instrument by the Corporation and the Bank by their duly authorized officers and by the Executive this 16th day of August, 2001. Washington Trust Bancorp, Inc. By: David V. Devault ---------------------------------------------- David V. Devault Executive Vice President, Treasurer, and Chief Financial Officer Washington Trust COMPANY OF WESTERLY By: David V. Devault ---------------------------------------------- David V. Devault Executive Vice President, Treasurer, and Chief Financial Officer John F. Treanor ---------------------------------------------- Executive Amendment to Executive Severance Agreement The Agreement made as of February 10, 2000 by and among Washington Trust Bancorp, Inc., a Rhode Island corporation with its principal place of business in Westerly, Rhode Island (the "Corporation"), Washington Trust Company of Westerly, a Rhode Island banking corporation with its principal place of business in Westerly, Rhode Island (the "Bank") and John C. Warren of Narragansett (the "Executive"), is hereby amended by deleting Section 4(c) thereof and substituting the following in lieu thereof: "(c) the Corporation and/or the Bank shall provide the Executive with 36 months of additional benefit accrual under the Corporation's and the Bank's supplemental retirement plans, but only to the extent the Executive was eligible to participate in such plan immediately prior to the Change in Control; and" The effective date of this Amendment is September 1, 2001. IN WITNESS WHEREOF, this Amendment has been executed as a sealed instrument by the Corporation and the Bank by their duly authorized officers and by the Executive this 16th day of August, 2001. Washington Trust Bancorp, Inc. By: David V. Devault ---------------------------------------------- David V. Devault Executive Vice President, Treasurer, and Chief Financial Officer Washington Trust COMPANY OF WESTERLY By: David V. Devault ---------------------------------------------- David V. Devault Executive Vice President, Treasurer, and Chief Financial Officer John C. Warren ---------------------------------------------- Executive