SEPARATION AGREEMENT AND GENERAL RELEASESeparation Agreement • May 31st, 2022 • Pioneer Bancorp, Inc./Md • Savings institutions, not federally chartered • New York
This sets forth an Agreement between Pioneer Bank (“Bank”) and Frank Sarratori in full and complete settlement of all issues concerning Executive’s employment and separation from employment with Employer. As used in this Agreement, “Employer” shall mean Pioneer Bank and its predecessors, divisions, affiliates, subsidiaries, successors, assigns, and all of its and their current and former directors, officers, employees, and agents (in their individual and representative capacities); “Executive” shall include Frank Sarratori and his heirs, executors, administrators, and assigns. The Employer and Executive may be individually referred to herein in as “Party” and collectively, the “Parties.”
