0001193125-09-210387 Sample Contracts

SEVERANCE AND RELEASE AGREEMENT

Severance and Release Agreement • October 20th, 2009 • Sterling Bancshares Inc • State commercial banks • Texas

• Contract Type
  Severance and Release Agreement
• Filed
  October 20th, 2009
• Company
  Sterling Bancshares Inc
• Industry
  State commercial banks
• Jurisdiction
  Texas

WHEREAS, Sterling Bancshares, Inc., a Texas Corporation (“Bancshares”), Sterling Bank, a banking association chartered by the State of Texas and an indirect subsidiary of Bancshares (“Bank”), collectively (the “Company”), and John A Rossitto (“Executive”) previously entered into a Severance and Non-Competition Agreement dated January 11, 2006 (“Prior Agreement”);