Common Contracts

2 similar Separation and Release Agreement contracts by Crescent Financial Bancshares, Inc.

SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • March 30th, 2012 • Crescent Financial Bancshares, Inc. • State commercial banks • North Carolina

This Separation and Release Agreement (this “Agreement”) is made as of this 27th day of January, 2012, by and between Crescent State Bank (the “Bank”), a North Carolina-chartered bank and Thomas E. Holder, Jr. (the “Executive”), a resident of the State of North Carolina.

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SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • March 30th, 2012 • Crescent Financial Bancshares, Inc. • State commercial banks • North Carolina

This Separation and Release Agreement (this “Agreement”) is made as of this 13th day of February, 2012, by and between Crescent State Bank (the “Bank”), a North Carolina-chartered bank and Ray D. Vaughn (the “Executive”), a resident of the State of North Carolina.

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