LOCATED: Milwaukee, WI & Lawrence, KS BACKGROUND: As the leading industry advisor, EBN specializes in the customized design, administration, and informal financing of Nonqualified Executive Compensation and Benefit plans (deferred compensation plans) as well as the procurement of Bank Owned Life Insurance (BOLI) programs to attract, retain, and reward key executive talent. We emphasize the importance of education and build long-lasting relationships with clients, we can service in all 50 states, and we have access to the highest rated insurance companies in the nation. Lastly, we believe that no two companies are alike in their needs; therefore, customization of executive benefit and compensation plans is paramount to a successful program. WHAT ARE NONQUALIFIED COMPENSATION BENEFIT PLANS? Nonqualified Compensation Benefit Plans are tax-deferred employer funded or employee funded retirement plans that attract, retain and reward key executive talent. They are designed to meet retirement needs of key executives, that may be a better fit than a traditional 401(k) plan, which they may not qualify for based on their earnings. There are a variety of different plans that a company may create to best fit the needs of their employees, they include: Deferred Compensation Plans, Supplemental Executive Retirement Plans, Executive Bonus Plans and Short-Term and Long-Term Incentive Plans. WHAT IS BOLI? BOLI is a life insurance owned by the bank, issued on the lives of bank employees and directors. BOLI can help offset the costs of nonqualified plans for key employees and/or the costs of existing employee benefits. BOLI is immediately accretive to earnings and improves non-interest income and shareholder value. Since the bank owns the policy, they receive the proceeds from the death benefit. A way to make BOLI an employee benefit is to purchase split-dollar policies, so the employee’s beneficiary would receive some of the proceeds. PARTNERSHIPS: Clients that partner with EBN enjoy the comfort of knowing that they: • Created the best plan design • Selected the plan administration platform that allows the most outsourcing capabilities • Selected the most efficient informal financing vehicle to offset the benefit liability backed by the most secure financial institutions available