SETTLEMENT AGREEMENTSettlement Agreement • April 29th, 2010 • Cascade Financial Corp • State commercial banks • Washington
Contract Type FiledApril 29th, 2010 Company Industry JurisdictionThis agreement, dated as of April 27, 2010 (the “Agreement”), is by and among Cascade Financial Corporation (the “Company”), and the other persons and entities that are signatories hereto (collectively, the “Shareholder Group,” and each, individually, a “member” of the Shareholder Group) which presently are or may be deemed to be members of a “group” with respect to the common stock of the Company, $0.01 par value per share (the “Common Stock”), pursuant to Rule 13d-5 promulgated by the Securities and Exchange Commission (the “SEC”) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).