Common Contracts
2 similar Control Severance Agreement contracts
ContractControl Severance Agreement • May 5th, 2020 • New Jersey
EX-10.8 4 ssfn20181231_10kex10-8.htm EXHIBIT 10.8 Exhibit 10.8 CHANGE IN CONTROL SEVERANCE AGREEMENT THIS AGREEMENT, dated as of March 21, 2017, is by and between Atlantic Stewardship Bank (“the Bank”) and Stewardship Financial Corporation (“the Corporation”), a New Jersey corporation (the Bank and the Corporation being referred to collectively as “the Company”), and William S. Clement (the “Executive”). RECITALS: 1. The Executive is an employee of the Company and is an important participant in management or administration of the Company. 2. The Company wishes to encourage the Executive to continue Executive’s career and services with the Company following a Change in Control (as hereinafter defined). 3. It would be in the best interests of the Company and its stockholders to ensure continuity in the management and administration of the Company in the event of a Change in Control by entering into this Agreement with the Executive. Agreement For good and valuable consideration, the rece
ContractControl Severance Agreement • May 5th, 2020 • New Jersey
EX-10.10 6 ssfn20181231_10kex10-10.htm EXHIBIT 10.10 Exhibit 10.10 CHANGE IN CONTROL SEVERANCE AGREEMENT THIS AGREEMENT, dated as of March 21, 2017, is by and between Atlantic Stewardship Bank (“the Bank”) and Stewardship Financial Corporation (“the Corporation”), a New Jersey corporation (the Bank and the Corporation being referred to collectively as “the Company”), and James Shields (the “Executive”). RECITALS: 1. The Executive is an employee of the Company and is an important participant in management or administration of the Company. 2. The Company wishes to encourage the Executive to continue Executive’s career and services with the Company following a Change in Control (as hereinafter defined). 3. It would be in the best interests of the Company and its stockholders to ensure continuity in the management and administration of the Company in the event of a Change in Control by entering into this Agreement with the Executive. Agreement For good and valuable consideration, the recei
