0001437749-22-017539 Sample Contracts

MUTUAL TERMINATION AND RELEASE AGREEMENT
Mutual Termination and Release Agreement • July 21st, 2022 • Patriot National Bancorp Inc • National commercial banks

MUTUAL TERMINATION AND RELEASE AGREEMENT (this “Agreement”), dated as of July 18, 2022, by and between American Challenger Development Corp., a Delaware corporation (“American Challenger”) and Patriot National Bancorp, Inc., a Connecticut corporation (“PNBK”; and American Challenger and PNBK referred to individually, as a “Party” and collectively, as the “Parties”).

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