RESIGNATION COMPENSATION AGREEMENTResignation Compensation Agreement • March 28th, 2008 • Reliance Bancshares, Inc. • National commercial banks
The purpose of this agreement is to document the total resignation compensation of the former Chief Financial Officer of Reliance Bank, James W. Sullivan. The compensation described below reflects all accrued vacation time and six weeks salary to be paid to James W. Sullivan as a result of his tenure as an employee with Reliance Bank The Resignation Compensation is as follows:
