0001144204-07-046113 Sample Contracts

SEPARATION AGREEMENT, WAIVER AND RELEASE
Separation Agreement, Waiver and Release • August 23rd, 2007 • Great Lakes Bancorp, Inc. • Savings institutions, not federally chartered • New York

This SEPARATION AGREEMENT, WAIVER AND RELEASE (“Separation Agreement”) is between GREAT LAKES BANCORP, INC. and GREATER BUFFALO SAVINGS BANK (collectively, the “Bank”) and MARYLOU BOROWIAK (“Executive”) (collectively, the “Parties”).

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