Common Contracts

2 similar Release, Consulting and Noncompetition Agreement contracts by KNBT Bancorp Inc, National Penn Bancshares Inc

RELEASE, CONSULTING AND NONCOMPETITION AGREEMENT
Release, Consulting and Noncompetition Agreement • October 10th, 2007 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

This Release, Consulting and Noncompetition Agreement (this “Agreement”) is being entered into as of September 6, 2007, by and between National Penn Bancshares, Inc., a Pennsylvania corporation (“National Penn”), National Penn Bank, a national banking association and a wholly-owned subsidiary of National Penn (“NPBank”), KNBT Bancorp, Inc., a Pennsylvania corporation (“KNBT”), Keystone Nazareth Bank & Trust Company, a wholly-owned subsidiary of KNBT and a Pennsylvania-chartered savings bank (the “Bank”), and Eugene T. Sobol (the “Consultant”).

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RELEASE, CONSULTING AND NONCOMPETITION AGREEMENT
Release, Consulting and Noncompetition Agreement • September 7th, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

This Release, Consulting and Noncompetition Agreement (this “Agreement”) is being entered into as of September 6, 2007, by and between National Penn Bancshares, Inc., a Pennsylvania corporation (“National Penn”), National Penn Bank, a national banking association and a wholly-owned subsidiary of National Penn (“NPBank”), KNBT Bancorp, Inc., a Pennsylvania corporation (“KNBT”), Keystone Nazareth Bank & Trust Company, a wholly-owned subsidiary of KNBT and a Pennsylvania-chartered savings bank (the “Bank”), and Eugene T. Sobol (the “Consultant”).

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