Termination of Amended and Restated Change in Control Severance Agreement and Release Sample Contracts
TERMINATION OF AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENT AND RELEASETermination of Amended and Restated Change in Control Severance Agreement and Release • May 3rd, 2011 • First Federal Bancshares of Arkansas Inc • Savings institution, federally chartered
THIS TERMINATION OF AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENT AND RELEASE (this “Agreement”) is entered into as of this day of , 2011 by and among First Federal Bancshares of Arkansas, Inc., a Texas corporation (the “Company”), First Federal Bank, a federally chartered savings bank (the “Bank”) and (the “Executive”). Capitalized terms used in this Agreement without definition will have the meaning assigned to such terms in that certain Investment Agreement dated as of January 27, 2011 by and among the Company, the Bank and Bear State Financial Holdings, LLC, an Arkansas limited liability company (the “Investment Agreement”).
