SEVERANCE AND RELEASE AGREEMENTSeverance and Release Agreement • November 9th, 2007 • Federal Trust Corp • Savings institution, federally chartered • Florida
THIS SEVERANCE AND RELEASE AGREEMENT (this “Agreement”) is made and entered by and among JAMES V. SUSKIEWICH (the “Executive”), FEDERAL TRUST CORPORATION (the “Company”), and FEDERAL TRUST BANK (the “Bank”), a wholly owned subsidiary of the Company (the Company and the Bank collectively being the “Corporation”) effective as of the last date written below.
