0001193125-10-000501 Sample Contracts

VOLUNTARY SEPARATION AND RELEASE AGREEMENT
Voluntary Separation and Release Agreement • January 4th, 2010 • Sterling Bancshares Inc • State commercial banks

This Voluntary Separation and Release Agreement (Agreement) is entered into by and between Sterling Bancshares, Inc. and Sterling Bank (severally and collectively, “Company”) and Sonny Lyles, in his individual capacity, (Lyles). As used in this Agreement, Company shall include and encompass all entities related to the Company including Sterling Bank and any other affiliated or related entities including without limitation all of the past, present or future owners, affiliated, related and/or subsidiary entities of the Company, any successor or predecessor in interest to the operations or business of the Company, and all past, present or future directors, officers, employees, agents, attorneys and representatives of the Company and its owners.

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