0001144204-15-051641 Sample Contracts

SEPARATION AGREEMENT AND FULL AND FINAL WAIVER, RELEASE AND DISMISSAL OF ALL CLAIMS
Separation Agreement And • August 25th, 2015 • Poage Bankshares, Inc. • Savings institution, federally chartered • Kentucky

This Separation Agreement and Full and Final Waiver, Release and Dismissal of All Claims (“Agreement”) is entered into by and among Ralph E. Coffman, Jr. (the “Executive”), Poage Bankshares, Inc. (the “Company”) and Town Square Bank (the “Bank”) on August 21, 2015. For purposes of this Agreement, the term “Company” and “Bank” shall also include the Company’s and Bank’s successors, and all of their respective parent companies, subsidiaries, affiliates, officers, directors, employees and agents.

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