SEVERANCE AGREEMENT AND RELEASESeverance Agreement • February 17th, 2009 • Guaranty Bancorp • State commercial banks • Colorado
This Severance Agreement and Release (the “Agreement”) is between Sherri L. Heronema, the undersigned employee (hereinafter referred to as “Employee”), and Guaranty Bancorp (the “Bank”) regarding Employee’s separation from employment with the Bank. The term “Bank” is deemed to include Guaranty Bancorp and its affiliates, subsidiaries, related companies and any employee benefit plans sponsored by Guaranty Bancorp or any such entities, and their respective directors, trustees, officers, employees, administrators, attorneys, representatives and agents.
