Common Contracts

2 similar Termination and Release Agreement contracts by Northeast Pennsylvania Financial Corp

TERMINATION AND RELEASE AGREEMENT
Termination and Release Agreement • December 16th, 2004 • Northeast Pennsylvania Financial Corp • Savings institutions, not federally chartered • Pennsylvania

This Termination and Release Agreement (this “Agreement”) is entered into as of December 8, 2004 by and among Thomas M. Petro (the “Executive”), Northeast Pennsylvania Financial Corp., a Delaware corporation (the “Company”), First Federal Bank, a federally-chartered savings bank and a wholly-owned subsidiary of the Company (the “Bank”), and KNBT Bancorp, Inc., a Delaware corporation (“Parent”).

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TERMINATION AND RELEASE AGREEMENT
Termination and Release Agreement • December 16th, 2004 • Northeast Pennsylvania Financial Corp • Savings institutions, not federally chartered • Pennsylvania

This Termination and Release Agreement (this “Agreement”) is entered into as of December 8, 2004 by and among Thomas L. Kennedy (the “Executive”), Northeast Pennsylvania Financial Corp., a Delaware corporation (the “Company”), First Federal Bank, a federally-chartered savings bank and a wholly-owned subsidiary of the Company (the “Bank”), and KNBT Bancorp, Inc., a Delaware corporation (“Parent”).

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