SEPARATION AGREEMENT AND FULL AND FINAL WAIVER, RELEASE AND DISMISSAL OF ALL CLAIMSSeparation Agreement And • March 24th, 2016 • Oconee Federal Financial Corp. • Savings institution, federally chartered • South Carolina
This Separation Agreement and Full and Final Waiver, Release and Dismissal of All Claims (“Agreement”) is entered into by and among H. Allen Salter (“Executive”), Oconee Federal Financial Corp. (the “Company”), Oconee Federal Savings and Loan Association (the “Bank”), Oconee Federal, MHC on March 23, 2016. For purposes of this Agreement, the terms “Company,” “Bank” and “MHC” shall also include the successors of the Company, the Bank and the MHC, and all of their respective parent companies, subsidiaries, affiliates, officers, directors, employees and agents.
