SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • August 7th, 2006 • Fidelity Bankshares Inc • Savings institution, federally chartered • Florida
This Settlement Agreement and Release (this “Agreement”) dated as of July 21, 2006, is entered into by and between Plaintiff JAMES KEHOE and Plaintiffs TIMOTHY NEILSEN and TIMOTHY G. MARTIN (the “Named Plaintiffs”), individually and as representatives of the “Plaintiff Class” (as defined herein), and FIDELITY FEDERAL BANK & TRUST (the “Bank”), subject to approval by the Court (as defined herein). The Named Plaintiffs, the Bank and the Plaintiff Class are collectively referred to as the “Parties.”
