0000950144-06-010523 Sample Contracts

AGREEMENT OF EMPLOYMENT TERMS AND CONDITIONS FOR THE POSITION OF EXECUTIVE DIRECTOR

Santander Bancorp • November 9th, 2006 • National commercial banks • Puerto Rico

• Company
  Santander Bancorp
• Filed
  November 9th, 2006
• Industry
  National commercial banks
• Jurisdiction
  Puerto Rico

This employment agreement for the position of Executive Director is effective September 12, 2006. The undersigned parties in this Agreement or Contract are Banco Santander Puerto Rico, (“Santander”) and Mr. Tomas Torres (hereinafter the “Director”).