SEVERANCE AGREEMENT AND RELEASESeverance Agreement • April 1st, 2005 • 1st Independence Financial Group, Inc. • Savings institution, federally chartered • Kentucky
This Severance Agreement and Release (“Agreement”) is between 1st Independence Bank (“Bank”), a banking corporation chartered by the Commonwealth of Kentucky, and 1st Independence Financial Group, Inc. (“1st Independence”), a Delaware corporation (collectively, “Employer”), and Arthur L. Freeman (“Executive”), a resident of the Commonwealth of Kentucky:
