CHANGE IN CONTROL AGREEMENTChange in Control Agreement • May 13th, 2008 • Eurobancshares Inc • Commercial banks, nec • Puerto Rico
This Agreement, effective as of the date the agreement is entered into, by and between EuroBancshares, Inc. (the “Company”), a registered bank holding company which is the sole shareholder of Eurobank, a Puerto Rico banking corporation, with main offices in San Juan, Puerto Rico (the “Bank”), and Luis J. Berríos López, Jr., a key employee and officer of the Bank and the Company, and a resident of San Juan, Puerto Rico (the “Executive”), provides as follows:
