EMPLOYMENT AND SETTLEMENT AGREEMENTEmployment and Settlement Agreement • April 1st, 2016 • Lakeland Bancorp Inc • State commercial banks • New Jersey
THIS EMPLOYMENT AND SETTLEMENT AGREEMENT (the “Agreement”), dated as of February 17, 2016, is entered into by and among Lakeland Bank, a New Jersey-chartered commercial bank (the “Bank”), Harmony Bank, a New Jersey-chartered commercial bank (the “Company”) and Richard S. Machtinger (“Executive”). The Bank, the Company and the Executive are sometimes collectively referred to herein as the “Parties” or individually referred to as a “Party.”
