Release and Severance Agreement Please Read Carefully Sample Contracts

RELEASE AND SEVERANCE AGREEMENT PLEASE READ CAREFULLY
Release and Severance Agreement Please Read Carefully • January 5th, 2016 • Independence Bancshares, Inc. • National commercial banks • South Carolina

This Release and Severance Agreement (the “Agreement”) is made and entered into by and between Gordon A. Baird (“Executive”) and Independence Bancshares, Inc., a South Carolina corporation and holding company of Independence National Bank, a national bank, as well as any affiliated or related entities, subsidiaries, or divisions, and the shareholders, directors, officers, employees, and agents thereof (collectively referred to herein as the “Company”).

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