UNITED BANKSHARES INC/WV
EX-10 SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT
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<P align="right" style="font-size: 10pt"><B>Exhibit&nbsp;10</B>



<P align="center" style="font-size: 10pt"><B>UNITED BANKSHARES, INC.<BR>
SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>THIS AGREEMENT </B>is made and entered into this 1st day of October, 2003, by
and between <B>UNITED BANKSHARES, INC.</B>, a West Virginia bank holding company (the
&#147;Company&#148;), and
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> (the &#147;Executive&#148;).


<P align="center" style="font-size: 10pt"><B>INTRODUCTION</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To encourage the Executive to remain an employee of the Company, the
Company is willing to provide supplemental retirement benefits to the
Executive. The Company will pay the benefits from its general assets.


<P align="center" style="font-size: 10pt"><B>AGREEMENT</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company and the Executive agree as follows:


<P align="center" style="font-size: 10pt"><B>Article&nbsp;1<BR>
Definitions</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whenever used in this Agreement, the following words and phrases shall
have the meanings specified:


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Code&#148; means the Internal Revenue Code of 1986, as amended.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Disability&#148; means the Executive&#146;s suffering a sickness, accident or
injury which has been determined by the carrier of any individual or group
disability insurance policy covering the Executive, or by the Social Security
Administration, to be a disability rendering the Executive totally and
permanently disabled. The Executive must submit proof to the Company of the
carrier&#146;s or Social Security Administration&#146;s determination upon the request of
the Company.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1
<I>&#147;Early Termination&#148; </I>means the Termination of Employment before Normal
Retirement Age for reasons other than death, Disability, or Termination for
Cause.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 &#147;<I>Early Termination Date</I>&#148; means the month, day and year in which Early Termination occurs.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 &#147;<I>Effective Date</I>&#148; means August&nbsp;1, 2003.


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<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 &#147;<I>Normal Retirement Age</I>&#148; means the Executive&#146;s 60<SUP>th</SUP> birthday.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 &#147;<I>Normal Retirement Date</I>&#148; means the later of Normal Retirement Age or Termination of Employment.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 &#147;<I>Plan Year</I>&#148; means a twelve-month period commencing on January 1 and
ending on December&nbsp;31 of each year. The initial Plan Year shall commence on
the Effective Date of this Agreement.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 &#147;<I>Termination for Cause</I>&#148; shall be defined as set forth in Article&nbsp;5.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 &#147;<I>Termination of Employment</I>&#148; means that the Executive ceases to be
employed by the Company for any reason, voluntary or involuntary, other than by
reason of a leave of absence approved by the Company.


<P align="center" style="font-size: 10pt"><B>Article&nbsp;2<BR>
Benefits During Lifetime</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 <I>Normal Retirement Benefit</I>. Upon Termination of Employment on or after
Normal Retirement Age for reasons other than death, the Company shall pay to
the Executive the benefit described in this Section&nbsp;2.1 in lieu of any other
benefit under this Agreement.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1.1 <I>Amount of Benefit</I>. The annual benefit under this Section&nbsp;2.1 is
$100,000 (One Hundred Thousand Dollars). The Company&#146;s Board of Directors,
in its sole discretion, may increase the annual benefit under this Section
2.1.1; however, any increase shall require a written amendment to this
Agreement.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1.2 <I>Payment of Benefit</I>. The Company shall pay the annual benefit to
the Executive in 12 equal monthly installments commencing with the month
following the Executive&#146;s Normal Retirement Date. The annual benefit shall
be paid to the Executive for a period of 15&nbsp;years.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 <I>Early Termination Benefit</I>. Upon Early Termination, the Company shall
pay to the Executive the benefit described in this Section&nbsp;2.2 in lieu of any
other benefit under this Agreement.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2.1 <I>Amount of Benefit</I>. The annual benefit under this Section&nbsp;2.2 is
the dollar amount equal to the Accrual Balance set forth on Schedule&nbsp;A for
the Plan Year ending immediately prior to the Early Termination Date, plus
the prorated amount of accruals up to the month in which Early Termination
occurs, subject to the following vesting schedule:


<P align="center" style="font-size: 10pt">41
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<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="35%">
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    <TD width="79%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="16%">&nbsp;</TD>
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<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Plan Year</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Vested Percentage</B><HR size="1" noshade></TD>
</TR>

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<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">10</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">20</TD>
</TR>

<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">30</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">40</TD>
</TR>

<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">5</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">6</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">60</TD>
</TR>

<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">7</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">70</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">8</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">80</TD>
</TR>

<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">9</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">90</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:10px; text-indent:-10px">10 or greater</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">100</TD>
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<P align="left" style="margin-left:3%; font-size: 10pt">This benefit is determined by calculating a 15-year fixed annuity from the
Accrual Balance plus pro-rated accruals, crediting interest on the unpaid
balance at an annual rate of 6.0&nbsp;percent, compounded monthly.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2.2 <I>Payment of Benefit</I>. The Company shall pay the annual benefit to
the Executive in 12 equal monthly installments commencing with the month
following Normal Retirement Age. The annual benefit shall be paid to the
Executive for a period of 15&nbsp;years.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3 <I>Disability Benefit. </I>If the Executive terminates employment due to
Disability prior to Normal Retirement Age, the Company shall pay to the
Executive the benefit described in this Section&nbsp;2.3 in lieu of any other
benefit under this Agreement.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3.1 <I>Amount of Benefit. </I>The annual benefit under this Section&nbsp;2.3 is
the dollar amount equal to the Accrual Balance set forth on Schedule&nbsp;A for
the Plan Year ending immediately prior to the date on which Termination of
Employment occurs, plus the prorated amount of accruals up to the month
during which Termination of Employment occurs, subject to the following
vesting schedule:

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<TR valign="bottom">
    <TD width="79%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="16%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Plan Year</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Vested Percentage</B><HR size="1" noshade></TD>
</TR>

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<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">10</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">20</TD>
</TR>

<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">30</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">40</TD>
</TR>

<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">5</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">50</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">6</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">60</TD>
</TR>

<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">7</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">70</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">8</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">80</TD>
</TR>

<TR valign="bottom" style="background: #eeeeee">
    <TD align="center"><DIV style="margin-left:20px; text-indent:-10px">9</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">90</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:10px; text-indent:-10px">10 or greater</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">100</TD>
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<P align="left" style="margin-left:3%; font-size: 10pt">This benefit is determined by calculating a 15-year fixed annuity from the
Accrual Balance plus pro-rated accruals, crediting interest on the unpaid balance at an annual rate
of 6.0&nbsp;percent, compounded monthly.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3.2 <I>Payment of Benefit. </I>The Company shall pay the annual benefit to
the Executive in 12 equal monthly installments commencing with the month
following Normal Retirement Age. The annual benefit shall be paid to the
Executive for a period of 15&nbsp;years.


<P align="center" style="font-size: 10pt"><B>Article&nbsp;3<BR>
Death Benefits</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 <I>Death During Active Service</I>. If the Executive dies while in the
active service of the Company, no benefit shall be payable under this
Agreement.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 <I>Death During Payment of a Benefit</I>. If the Executive dies after any
benefit payments have commenced under Article&nbsp;2 of this Agreement but before
receiving all such payments, the Company shall pay the remaining benefits to
the Executive&#146;s beneficiary at the same time and in the same amounts they would
have been paid to the Executive had the Executive survived.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 <I>Death After Termination of Employment But Before Payment of a Benefit
Commences. </I>If the Executive is entitled to a benefit under Article&nbsp;2 of this
Agreement, but dies prior to the commencement of said benefit payments, the
Company shall pay the same benefit payments to the Executive&#146;s beneficiary that
the Executive was entitled to prior to death except that the benefit payments
shall commence on the first day of the month following the date of the
Executive&#146;s death.


<P align="center" style="font-size: 10pt"><B>Article&nbsp;4<BR>
Beneficiaries</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 <I>Beneficiary Designations</I>. The Executive shall designate a beneficiary
by filing a written designation with the Company. The Executive may revoke or
modify the designation at any time by filing a new designation. However,
designations will only be effective if signed by the Executive and received by
the Company during the Executive&#146;s lifetime. The Executive&#146;s beneficiary
designation shall be deemed automatically revoked if the beneficiary
predeceases the Executive, or if the Executive names a spouse as beneficiary
and the marriage is subsequently dissolved. If the Executive dies without a
valid beneficiary designation, all payments shall be made to the Executive&#146;s
estate.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2 <I>Facility of Payment</I>. If a benefit is payable to a minor, to a person
declared incompetent, or to a person incapable of handling the disposition of
his or her property, the Company may pay such benefit to the guardian, legal
representative or person having the care or custody of such minor, incompetent
person or incapable person. The Company may require proof of incompetence,
minority or guardianship as it may deem appropriate prior to distribution of
the benefit. Such distribution shall completely discharge the Company from all
liability with respect to such benefit.


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<P align="center" style="font-size: 10pt"><B>Article&nbsp;5<BR>
General Limitations</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 <I>Termination for Cause</I>. Notwithstanding any provision of this
Agreement to the contrary, the Company shall not pay any benefit under this
Agreement if the Company terminates the Executive&#146;s employment for:



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Gross negligence or gross neglect of duties;



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Commission of a felony or of a gross misdemeanor involving moral
turpitude; or



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Fraud, disloyalty, dishonesty or willful violation of any law or
significant Company policy committed in connection with the Executive&#146;s
employment and resulting in an adverse effect on the Company.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2 <I>Suicide or Misstatement</I>. The Company shall not pay any benefit under
this Agreement if the Executive commits suicide within three years after the
date of this Agreement. In addition, the Company shall not pay any benefit
under this Agreement if the Executive has made any material misstatement of
fact on an employment application or resume provided to the Company, or on any
application for any benefits provided by the Company to the Executive.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3 <I>Competition After Termination of Employment. </I>The Company shall not
pay any benefit under this Agreement if the Executive, at any time during the
12 calendar months following Termination of Employment and without the prior
written consent of the Company (a)&nbsp;engages in or becomes associated with, in
the capacity of employee, director, officer, principal, agent, trustee or in
any other capacity whatsoever, any Competitive Enterprise; or (b)&nbsp;becomes
interested in, directly or indirectly, as a proprietor, partner, officer,
director, member, consultant or substantial stockholder, shareholder, or
stakeholder, any Competitive Enterprise. For purposes of this provision, the
term &#147;Competitive Enterprise&#148; is defined as any business organization, company,
corporation, partnership or business entity or enterprise of any type that (a)
is or may be deemed to be competitive with any business carried on by the
Company as of the date of Termination of Employment; and (b)&nbsp;is conducted
within a 50-mile radius of any Company location where Executive conducted or
supervised or otherwise engaged in business of the Company.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of this Section&nbsp;5.3, the following definitions shall apply:


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&#147;Change of Control&#148; means (i)&nbsp;a change of ownership of the Company
which must be reported to the Securities and Exchange Commission as a change of
control, including but not limited to the acquisition by any &#147;person&#148; (as such
term is used in Sections 13(d) and 14(d) of the Securities and Exchange Act of
1934 (the &#147;Exchange Act&#148;)), or of direct or indirect &#147;beneficial ownership&#148; (as
defined by Rule&nbsp;13d-3 under the Exchange Act) of twenty-five percent (25%) or
more of the combined voting power of the Company&#146;s then outstanding securities;
or (ii)&nbsp;the failure during any period of two (2)&nbsp;consecutive years of
individuals who at the beginning of such period constitute the Board for any
reason to constitute at least a majority thereof, unless the election of each
director who was not a director at the


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<P align="left" style="font-size: 10pt">beginning of such period has been
approved in advance by directors representing at least two-thirds (2/3) of the
directors at the beginning of the period.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&#147;Competitive Enterprise&#148; means any business, organization, company,
corporation, partnership or business entity or enterprise of any type that (i)
is or may be deemed to be competitive with any business carried on by the Company as of the date of Termination of
Employment, and (ii)&nbsp;is conducted within a 50-mile radius of any Company
location where Executive conducted or supervised or otherwise engaged in
business of the Company.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&#147;Good Reason&#148; means a Change of Control in the Company and as a direct
result thereof prior to the expiration of thirty-six months after consummation
of a Change of Control, there is: (i)&nbsp;a decrease in the total amount of the
Executive&#146;s base salary below its level in effect on the date of consummation
of the Change of Control, without the Executive&#146;s consent; or (b)&nbsp;a material
reduction in the importance of the Executive&#146;s job responsibilities, without
the Executive&#146;s consent; or (ii)&nbsp;a geographical relocation of the Executive to
an office more than 50 miles from the Executive&#146;s location at the time of the
Change of Control, without the Executive&#146;s consent.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&#147;Wrongful Termination&#148; means Executive&#146;s Termination of Employment by
the Company for any reason other than Termination for Cause or the death or
Disability of Executive prior to the expiration of thirty-six (36)&nbsp;months after
consummation of the Change of Control.


<P align="center" style="font-size: 10pt"><B>Article&nbsp;6<BR>
Claims and Review Procedures</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1 <I>Claims Procedure</I>. An Executive or beneficiary (&#147;claimant&#148;) who has
not received benefits under the Agreement that he or she believes should be
paid shall make a claim for such benefits as follows:



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.1 <I>Initiation &#150; Written Claim</I>. The claimant initiates a claim by
submitting to the Company a written claim for the benefits.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.2 <I>Timing of Company Response</I>. The Company shall respond to such
claimant within 90&nbsp;days after receiving the claim. If the Company
determines that special circumstances require additional time for
processing the claim, the Company can extend the response period by an
additional 90&nbsp;days by notifying the claimant in writing, prior to the end
of the initial 90-day period, that an additional period is required. The
notice of extension must set forth the special circumstances and the date
by which the Company expects to render its decision.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the case of a claim for benefits due to Disability, the Company
shall notify the claimant of the Plan&#146;s denial within a reasonable period
of time, but not later than 45&nbsp;days after receipt of the claim by the
Company. This period may be extended by the Company for up to 30&nbsp;days,
provided that the Company both determines that such an extension is
necessary due to matters beyond its control and notifies the claimant,
prior to the expiration of the initial 45-day period, of the


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<P align="left" style="margin-left:3%; font-size: 10pt">circumstances
requiring the extension of time and the date by which the Company expects
to render a decision. If, prior to the end of the first 30-day extension
period, the Company determines that, due to matters beyond its control, a
decision cannot be rendered within that extension period, the period for
making the determination may be extended for up to an additional 30&nbsp;days,
provided that the Company notifies the claimant, prior to the expiration of
the first 30-day extension period, of the circumstances requiring the
extension and the date as of which the Company expects to render a
decision. In the case of any
extension hereunder, the notice of extension shall specifically explain the
standards on which entitlement to a benefit is based, the unresolved issues
that prevent a decision on the claim, and the additional information needed
to resolve those issues, and the claimant shall be afforded at least 45
days within which to provide the specified information.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.3 <I>Notice of Decision</I>. If the Company denies part or all of the
claim, the Company shall notify the claimant in writing of such denial.
The Company shall write the notification in a manner calculated to be
understood by the claimant. The notification shall set forth:



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The specific reasons for the denial;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) A reference to the specific provisions of this Agreement on
which the denial is based;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) A description of any additional information or material
necessary for the claimant to perfect the claim and an explanation of
why it is needed;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) An explanation of this Agreement&#146;s review procedures and the
time limits applicable to such procedures;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) In the case of denial of a claim based upon Disability, a copy
of any internal rule, guideline, protocol or similar criteria relied
upon or a statement that such was relied upon and will be provided free
of charge upon request; and



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) A statement of the claimant&#146;s right to bring a civil action
under ERISA Section 502(a) following an adverse benefit determination
on review.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2 <I>Review Procedure</I>. If the Company denies part or all of the claim, the
claimant shall have the opportunity for a full and fair review by the Company
of the denial, as follows:



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.1 <I>Initiation &#150; Written Request</I>. To initiate the review, the
claimant, within 60&nbsp;days (180&nbsp;days for a claim based on the Executive&#146;s
Disability) after receiving the Company&#146;s notice of denial, must file with
the Company a written request for review.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.2 <I>Additional Submissions </I>&#150; <I>Information Access</I>. The claimant shall
then have the opportunity to submit written comments, documents, records
and other information relating to the claim. The Company shall also
provide the claimant, upon request and free of charge, reasonable access
to, and copies of, all documents, records and other information relevant
(as defined in applicable ERISA regulations) to the claimant&#146;s claim for
benefits.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.3 <I>Considerations on Review</I>. In considering the review, the
Company shall take into account all materials and information the claimant
submits relating to the claim, without regard to


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<P align="left" style="margin-left:3%; font-size: 10pt">whether such information
was submitted or considered in the initial benefit determination.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For a claim involving Disability, the following rules shall apply:
(i)&nbsp;the review will not give Executive&#146;s deference to the initial adverse
benefit determination and will be conducted by the Company or its designee,
not including any individual who made the decision to deny benefits, nor
the subordinate of such individual who made the decision to deny benefits,
(ii)&nbsp;a health care professional with appropriate training and experience in
the field of medicine involved and who is neither an
individual who was consulted in connection with the denial nor the
subordinate of such individual, will be consulted, and (iii)&nbsp;the denial
will identify the medical or vocational experts whose advice was obtained
in connection with the claim.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.4 <I>Timing of Company Response</I>. The Company shall respond in
writing to such claimant within 60&nbsp;days (45&nbsp;days for a claim involving the
Executive&#146;s Disability) after receiving the request for review. If the
Company determines that special circumstances require additional time for
processing the claim, the Company can extend the response period by an
additional 60&nbsp;days by notifying the claimant in writing, prior to the end
of the initial 60-day period, that an additional period is required. The
notice of extension must set forth the special circumstances and the date
by which the Company expects to render its decision.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the case of a denial involving a claim for benefits based upon the
Executive&#146;s Disability, the claimant will be provided a copy of any
internal rule, guideline, protocol or similar criteria relied upon, or a
statement that such was relied upon and will be provided, free of charge
upon claimant&#146;s request. The written decision on review shall be given to
the claimant within the sixty (60)&nbsp;day (or, if applicable, the forty-five
(45)&nbsp;day) or extended time limit discussed above. All decisions on review
shall be final and binding with respect to all concerned parties.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2.5 <I>Notice of Decision</I>. The Company shall notify the claimant in
writing of its decision on review. The Company shall write the
notification in a manner calculated to be understood by the claimant. The
notification shall set forth:



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The specific reasons for the denial;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) A reference to the specific provisions of this Agreement on
which the denial is based;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) A statement that the claimant is entitled to receive, upon
request and free of charge, reasonable access to, and copies of, all
documents, records and other information relevant (as defined in
applicable ERISA regulations) to the claimant&#146;s claim for benefits; and



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) A statement of the claimant&#146;s right to bring a civil action
under ERISA Section&nbsp;502(a); and



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) In the case of denial of a claim based upon Disability, a copy
of any internal rule, guideline, protocol or similar criteria relied
upon or a statement that such was relied upon and will be provided free
of charge upon request.


<P align="center" style="font-size: 10pt">47
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<P align="center" style="font-size: 10pt"><B>Article&nbsp;7<BR>
Amendments and Termination</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Agreement may be amended or terminated only by a written agreement
signed by the Company and the Executive.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding the previous paragraph in this Article&nbsp;7, the Company may
amend or terminate this Agreement at any time if, pursuant to legislative,
judicial or regulatory action, continuation of the Agreement would (i)&nbsp;cause benefits to be taxable to the Executive prior to actual
receipt, or (ii)&nbsp;result in significant financial penalties or other
significantly detrimental ramifications to the Company (other than the
financial impact of paying the benefits).


<P align="center" style="font-size: 10pt"><B>Article&nbsp;8<BR>
Miscellaneous</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.1 <I>Binding Effect</I>. This Agreement shall bind the Executive and the
Company, and their beneficiaries, survivors, executors, successors,
administrators and transferees.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2 <I>No Guarantee of Employment</I>. This Agreement is not an employment
policy or contract. It does not give the Executive the right to remain an
employee of the Company, nor does it interfere with the Company&#146;s right to
discharge the Executive. It also does not require the Executive to remain an
employee nor interfere with the Executive&#146;s right to terminate employment under
state law or the terms of any applicable employment contract.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3 <I>Non-Transferability</I>. Benefits under this Agreement cannot be sold,
transferred, assigned, pledged, attached or encumbered in any manner.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.4 <I>Reorganization. </I>The Company shall not merge or consolidate into or
with another company, or reorganize, or sell substantially all of its assets to
another company, firm, or person unless such succeeding or continuing company,
firm, or person agrees to assume and discharge the obligations of the Company
under this Agreement. Upon the occurrence of such event, the term &#147;Company&#148; as
used in this Agreement shall be deemed to refer to the successor or survivor
company.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.5 <I>Tax Withholding</I>. The Company shall withhold any taxes that are
required to be withheld from the benefits provided under this Agreement.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.6 <I>Applicable Law</I>. The Agreement and all rights hereunder shall be
governed by the laws of the State of West Virginia, except to the extent
preempted by the laws of the United States of America.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.7 <I>Unfunded Arrangement</I>. The Executive and beneficiary are general
unsecured creditors of the Company for the payment of benefits under this
Agreement. The benefits represent the mere promise by the Company to pay such
benefits. The rights to benefits are not subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance,
attachment, or garnishment by creditors.


<P align="center" style="font-size: 10pt">48
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<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="left" style="font-size: 10pt">Any insurance on the Executive&#146;s life
is a general asset of the Company to which the Executive and beneficiary have
no preferred or secured claim.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.8 <I>Entire Agreement. </I>This Agreement constitutes the entire agreement
between the Company and the Executive as to the subject matter hereof. No
rights are granted to the Executive by virtue of this Agreement other than
those specifically set forth herein.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.9 <I>Administration. </I>The Company shall have powers which are necessary to
administer this Agreement, including but not limited to:



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Establishing and revising the method of accounting for
the Agreement;



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Maintaining a record of benefit payments;



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Establishing rules and prescribing any forms necessary or
desirable to administer the Agreement; and



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Interpreting the provisions of the Agreement.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.10 <I>Named Fiduciary. </I>The Company shall be the named fiduciary and plan
administrator under this Agreement. It may delegate to others certain aspects
of the management and operational responsibilities including the employment of
advisors and the delegation of ministerial duties to qualified individuals.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the Executive and the Company have signed this
Agreement.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="23%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="33%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><B>EXECUTIVE:</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>COMPANY:</B></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>UNITED BANKSHARES, INC.</B></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-top:10px; text-indent:-0px"><HR size="1" noshade></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>By</B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-top:10px; text-indent:-0px"><HR size="1" noshade></DIV></TD>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"       nowrap><B>Title</B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-top:10px; text-indent:-0px"><HR size="1" noshade></DIV></TD>

</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">49
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