SUN NATIONAL BANK MANAGEMENT SEVERANCE AGREEMENTManagement Severance Agreement • March 16th, 2015 • Sun Bancorp Inc /Nj/ • Commercial banks, nec • New Jersey
THIS MANAGEMENT SEVERANCE AGREEMENT (“Agreement”) entered into this 4th day of February, 2014 (“Effective Date”), by and between Sun National Bank (the “Bank”) and Thomas R. Brugger (the “Executive”).
SUN BANCORP, INC. EMPLOYMENT AGREEMENTEmployment Agreement • March 16th, 2015 • Sun Bancorp Inc /Nj/ • Commercial banks, nec • New Jersey
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is hereby entered into effective as of November 20, 2014 (the “Effective Date”), by and between Sun Bancorp, Inc. (the “Company”), a New Jersey corporation and the holding company for Sun National Bank, with its principal executive offices at 350 Fellowship Road, Suite 101, Mt. Laurel, New Jersey 08054 (the “Executive Offices”), and Mr. Nicos Katsoulis (“Executive”). Any reference to the “Bank” in this Agreement shall mean Sun National Bank, or any successor to Sun National Bank.
