SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement and Mutual Release • June 11th, 2007 • Yardville National Bancorp • National commercial banks
This Settlement Agreement and Mutual Release (the “Agreement”), dated June 6, 2007, is entered into by and between Yardville National Bancorp, Patrick M. Ryan, George Muller, Martin Tuchman, F. Kevin Tylus, Christopher S. Vernon, Robert Workman, James E. Bartolomei, Elbert G. Basolis, Jr., Lorraine Buklad, Jay G. Destribats, Anthony M. Giampetro, Sidney L. Hofing, Gilbert W. Lugossy, Samual D. Marrazzo, and Louis R. Matlack (collectively “YNB”) and Lawrence B. Seidman, Dennis Pollack, and Seidman and Associates, LLC (collectively “Seidman”) (collectively, YNB and Seidman are referred to as the “Parties”);
