SEVERANCE AND RELEASE AGREEMENTSeverance and Release Agreement • June 23rd, 2008 • Willow Financial Bancorp, Inc. • Savings institution, federally chartered • Pennsylvania
THIS SEVERANCE AND RELEASE AGREEMENT (the “Agreement”) is made this 20th day of June 2008 by and between Joseph T. Crowley (the “Employee”), Willow Financial Bancorp, Inc., a Pennsylvania corporation (the “Company”) and Willow Financial Bank, a federally chartered savings bank and wholly-owned subsidiary of the Company (the “Bank”). The Company and the Bank are sometimes collectively referred to herein as the Employers.
