0001104659-06-010167 Sample Contracts

SEVERANCE AGREEMENT AND MUTUAL GENERAL RELEASE OF CLAIMS

Severance Agreement • February 16th, 2006 • Pelican Financial Inc • National commercial banks • Florida

• Contract Type
  Severance Agreement
• Filed
  February 16th, 2006
• Company
  Pelican Financial Inc
• Industry
  National commercial banks
• Jurisdiction
  Florida

THIS SEVERANCE AGREEMENT AND MUTUAL GENERAL RELEASE OF CLAIMS (“AGREEMENT”) is being entered into between and among Pelican National Bank, N.A. (“Employer”), Pelican Financial, Inc. (“PFI”) and Howard B. Montgomery, Jr. (“Employee) (collectively the “Parties”) as of February 10, 2006.