December 29, 2006 Mr. José Ramón González Santander BanCorp Puerto Rico Dear Mr. González:Santander Bancorp • January 4th, 2007 • National commercial banks
We hereby confirm the terms and conditions with regards to your employment agreement as President and Chief Executive Officer of Santander BanCorp and Banco Santander Puerto Rico (hereafter “the Group”):
December 29, 2006 Mr. Carlos García Santander BanCorp Puerto Rico Dear Mr. García:Santander Bancorp • January 4th, 2007 • National commercial banks
We hereby confirm the terms and conditions with regards to your employment agreement as Senior Executive Vice President and Chief Operating Officer of Santander BanCorp and Banco Santander Puerto Rico (hereafter “the Group”):
