0001315399-20-000003 Sample Contracts

MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT
Management Change in Control Severance Agreement • March 13th, 2020 • Parke Bancorp, Inc. • State commercial banks • New Jersey

THIS MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made on and as of this ____ day of _________, 2016 (“Effective Date”), by and between Parke Bancorp, Inc. (“Company”), a corporation organized under the laws of the State of New Jersey which serves as a bank holding company, with its principal office at 601 Delsea Drive, Sewell, New Jersey 08080, Parke Bank (“Bank”), a banking corporation organized under the laws of the State of New Jersey, with its principal office at 601 Delsea Drive, Sewell, New Jersey 08080, and John F. Hawkins (the “Executive”).

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