0001104659-03-004942 Sample Contracts

SEPARATION AGREEMENT
Separation Agreement • March 25th, 2003 • HMN Financial Inc • Savings institution, federally chartered • Minnesota

THIS SEPARATION AGREEMENT (this “Agreement”) is made and entered into by and among Timothy P. Johnson (“Johnson”), a resident of Minnesota, HMN Financial, Inc., a Delaware corporation (the “Company”), and Home Federal Savings Bank, a federally chartered savings bank (the “Bank”) and a wholly owned subsidiary of the Company.

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