0000950159-08-000565 Sample Contracts

SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement • March 27th, 2008 • Southern Connecticut Bancorp Inc • National commercial banks • Connecticut

This Separation Agreement and General Release (this “Agreement”) is made and entered into effective as of the 3rd day of April, 2008, by and between Southern Connecticut Bancorp, Inc., and its subsidiary, The Bank of Southern Connecticut, Inc., having their principal place of business in New Haven, Connecticut (collectively, the “Company”) and Michael M. Ciaburri, an individual residing in Guilford, Connecticut (the “Employee”).

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