0001193125-23-285330 Sample Contracts

RESIGNATION AND SEPARATION AGREEMENT AND RELEASE OF CLAIMS
Resignation and Separation Agreement • November 30th, 2023 • Bogota Financial Corp. • Savings institutions, not federally chartered • New Jersey

This Resignation and Separation Agreement and Release of Claims (this “Agreement”), which sets forth all of the terms and conditions relating to the resignation of Joseph Coccaro as President, Chief Executive Officer and director (the “you” or “your”) of Bogota Savings Bank (the “Bank”), Bogota Financial Corp. (the “Company”), and Bogota Financial, MHC (the “MHC”), is entered into as of November 29, 2023, by and among you, the Bank, the Company, and the MHC, effective as set forth below.

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