ACKNOWLEDGEMENT AND RELEASE AGREEMENTAcknowledgement and Release Agreement • December 26th, 2013 • First Priority Financial Corp. • State commercial banks • Pennsylvania
THIS ACKNOWLEDGEMENT AND RELEASE AGREEMENT (this “Agreement”) is made and entered into this 19th day of December 2013, by and between FIRST PRIORITY BANK, a Pennsylvania banking corporation (the “Company”), and , an adult individual (“Executive”). Capitalized terms not defined in this Agreement shall have the meanings ascribed to them in the First Priority Financial Corp. Stock Compensation Program (the “Stock Plan”) (copy attached at Exhibit A).
