secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY BANCORP /VT (CMTV)
CIK:        0000718413
Form:       8-K/A
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001654954-23-002275
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Community Bancorp corrects hyperlink in prior 8-K; change-in-control agreement with VP Delhaie disclosed
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- 8-K/A corrects hyperlink in Item 5.02 of Feb 23, 2023 8-K to reference Sep 9, 2021 8-K.
- On Feb 22, 2023, entered change-in-control agreement with VP Leslie Delhaie.
- Terms substantively same as prior agreements for CEO Austin, Treasurer Bonvechio, VP Caldwell.
- Agreement provides 2x highest total annual cash compensation upon qualifying termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/718413/000165495423002275/0001654954-23-002275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/718413/000165495423002275/cmtv_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-002275

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer