Common Contracts

2 similar Severance Agreement contracts by Amalgamated Financial Corp.

SEVERANCE AGREEMENT
Severance Agreement • March 15th, 2021 • Amalgamated Financial Corp. • State commercial banks • New York

This SEVERANCE AGREEMENT (this "Agreement") dated December 22, 2020, is entered into by and between Amalgamated Bank (the "Company") and Drew LaBenne (the "Executive"). The terms of this Agreement shall become effective upon the commencement of employment of a Chief Executive Officer of the Company, who is not an interim Chief Executive Officer, (the "Effective Date") and shall remain in effect until the 18-month anniversary of the Effective Date (such time period, the "Term").

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SEVERANCE AGREEMENT
Severance Agreement • March 15th, 2021 • Amalgamated Financial Corp. • State commercial banks • New York

This SEVERANCE AGREEMENT (this "Agreement") dated December 22, 2020, is entered into by and between Amalgamated Bank (the "Company") and Sam Brown (the "Executive"). The terms of this Agreement shall become effective upon the commencement of employment of a Chief Executive Officer of the Company, who is not an interim Chief Executive Officer, (the "Effective Date") and shall remain in effect until the 18-month anniversary of the Effective Date (such time period, the "Term").

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