UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported)
January 19, 2012
 
COMMERCIAL NATIONAL FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Pennsylvania
0-18676
25-1623213
 
(State or other jurisdiction
 
 
of incorporation)
 
 
(Commission
 
 
File Number)
 
 
(I.R.S. Employer
 
 
Identification No.)
 
 
900 Ligonier Street, Latrobe, PA
 
15650
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code 724-539-3501
 
(Former name or 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 (17 CFR 230.425)
 
 
¨  
 
 
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 240.13a-4(c))
 




Item 5.02 Compensatory Arrangements of Certain Officers.

On January 19, 2012, the Board of Directors’ Executive Compensation Committee approved an extension to the Chief Executive Officers’ employment contract.  The extension changed the termination date of the employment contract from  June 30, 2012 to June 30, 2015.


 
   
   
 

 
Signature
 
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.
 
 
 
 
 
Commercial National Financial Corporation
 
(Registrant)

Date: January 24, 2012
/s/
Gregg E. Hunter
 
Gregg E. Hunter
 
President and Chief Executive Officer