SEPARATION AGREEMENT AND GENERAL RELEASESeparation Agreement and General Release • August 17th, 2009 • Sun Bancorp Inc /Nj/ • Commercial banks, nec • New Jersey
This Separation Agreement and General Release (“Agreement”) is entered into by and among Sun Bancorp, Inc., Vineland, New Jersey (the “Company”) and Sun National Bank, Vineland, New Jersey (the “Bank”), on the one hand, and Dan A. Chila (“Employee”), on the other hand, on this 17th day of August, 2009 (“Agreement Effective Date”).
