SEPARATION AGREEMENT AND GENERAL RELEASESeparation Agreement • May 5th, 2021 • Bar Harbor Bankshares • State commercial banks • Maine
This Separation Agreement and General Release (the “Agreement”) is made and entered into by and between Richard B. Maltz (hereinafter referred to as the “Executive”) and Bar Harbor Bank & Trust and Bar Harbor Bankshares (hereinafter referred to as the “Company”). This Agreement is entered into to resolve all matters between the Executive and the Company, including those concerning the Executive’s employment with the Company and the termination of that employment. As used herein, “the Parties to this Agreement” or “the Parties” shall refer collectively to the Executive and the Company.
