RETENTION AGREEMENTRetention Agreement • March 26th, 2004 • Unity Bancorp Inc /De/ • State commercial banks • New Jersey
RETENTION AGREEMENT (this “Agreement”) made as of this 23rd day of March, 2004 by and between UNITY BANK, a New Jersey state bank with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (the “Bank”), UNITY BANCORP, INC. a New Jersey corporation with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (“Unity”) (Bank and Unity collectively, “Employer”), and MICHAEL T. BONO, an individual residing at 860 Ray Avenue, Union, New Jersey 07083 (the “Executive”).
CONTRACT OF SALEContract of Sale • March 26th, 2004 • Unity Bancorp Inc /De/ • State commercial banks • New Jersey
AND UNITY BANK, (formerly, First Community Bank) a banking institution organized under the laws of the State of New Jersey, hereinafter referred to as “Buyer”, whose address is 64 Old Highway 22, Clinton, New Jersey 08809.
SECOND AMENDMENT TO LEASELease • March 26th, 2004 • Unity Bancorp Inc /De/ • State commercial banks
THIS SECOND AMENDMENT TO LEASE is made as of this l9 th day of September, 2003 between CLINTON UNITY GROUP, LLC, having its principal mailing address is P.O. Box 5301, Clinton, New Jersey 08809 (hereinafter “Landlord”), and UNITY BANK, (formerly, First Community Bank) a banking institution organized under the laws of the State of New Jersey, having its principal offices at 64 Old Highway 22, Clinton, New Jersey 08809, (hereinafter “Lessee”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 26th, 2004 • Unity Bancorp Inc /De/ • State commercial banks • New Jersey
EMPLOYMENT AGREEMENT (the “Agreement”) made as of this 23rd day of March, 2004 by and between JAMES A. HUGHES, an individual residing at 4 Lance Road, Lebanon, New Jersey 08833 (“Executive”), UNITY BANK, a New Jersey state bank with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (the “Bank”), UNITY BANCORP, INC. a New Jersey corporation and holding company of the Bank with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (“Unity”) (Bank and Unity collectively, “Employer”).
SETTLEMENT AGREEMENT AND GENERAL RELEASESettlement Agreement • March 26th, 2004 • Unity Bancorp Inc /De/ • State commercial banks
Settlement Agreement and General Release (“Agreement”) dated as of December 31, 2003, by and among Unity Bank, Unity Bancorp., Inc. each having an address at 64 Old Highway 22, Clinton, New Jersey 08809 (collectively “Unity”), and Anthony J. Feraro, residing at 10 Winterberry Court, Whitehouse Station, New Jersey 08889, (referred to throughout this Agreement as “Feraro”).
