UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K/A
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
December
31, 2007
(Date
of
Report - Date of earliest event reported on)
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Vermont
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000-16435
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03-0284070
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(State
of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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Derby
Road, Derby, Vermont
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05829
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant's
Telephone Number: (802) 334-7915
Not
Applicable
(Former
name, former address, if changed since last report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17CFR
203.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Explanatory
Note: The sole purpose of this amendment is to furnish supplementally
information regarding Director Charles W. Bucknam, Jr.’s Board committee
appointments, in accordance with Instruction 2 to Item 5.02 of Form
8-K. There are no changes to the disclosures contained in the other
items of the Company’s Report, as filed on January 2, 2008.
Item
5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
In
connection with the merger, Charles W. Bucknam, Jr. has been appointed to the
Boards of Directors of the Company and Community National. He fills a
vacancy created by the death last September of director Michael H. Dunn,
bringing the total number of directors on each of the Company’s and Bank’s
boards back up to 12.
Mr.
Bucknam, age 64, served as the President and Chief Executive Officer of
LyndonBank prior to the merger, having first been appointed to the position
in
November, 1993. Mr. Bucknam also served on the LyndonBank Board of
Directors. In his capacity as President and CEO of LyndonBank, Mr.
Bucknam was a party to a Change in Control Agreement with LyndonBank, pursuant
to which he is entitled to receive a cash payment of $491,959.00 in connection
with consummation of the merger.
On
January 8, 2008, Mr. Bucknam was appointed to serve on the Company’s Nominating
and Governance Committee. In addition, he was appointed to serve on
subsidiary Community National’s Risk Management and Community Reinvestment Act
Committees.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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COMMUNITY
BANCORP.
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DATED:
January 11, 2008
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/s/
Stephen P.
Marsh
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Stephen
P. Marsh,
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President
& Chief Executive Officer
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