0000950144-07-007484 Sample Contracts

EMPLOYMENT TERMS AND CONDITIONS FOR THE POSITION OF CONSUMER BANKING DIRECTOR
Santander Bancorp • August 8th, 2007 • National commercial banks • Puerto Rico

This employment agreement for the position of Consumer Banking Director is made and effective on the 1st day of the month of may, 2007. The subscribing parties for this Agreement or Contract are Banco Santander Puerto Rico (hereinafter “the Bank” or “Santander”) and Mr. Justo Muñoz Robau (hereinafter “the Manager”).

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