0001206774-16-003991 Sample Contracts

AMENDED AND RESTATED LICENSE AGREEMENT
Amended and Restated License Agreement • January 5th, 2016 • Independence Bancshares, Inc. • National commercial banks • New York

THIS AMENDED AND RESTATED LICENSE AGREEMENT (this “Agreement”), dated as of January 4, 2016 (the “Effective Date”), by and between MPIB Holdings, LLC, a Delaware limited liability company (“MPIB”), and Independence Bancshares Inc., a South Carolina corporation (“IB”, and each of MPIB and IB, a “Party” and collectively the “Parties”). This Agreement amends and completely restates that certain license agreement between the Parties dated May 14, 2015 (the “Original License Agreement”).

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RELEASE AND SEVERANCE AGREEMENT PLEASE READ CAREFULLY
Release and Severance Agreement Please Read Carefully • January 5th, 2016 • Independence Bancshares, Inc. • National commercial banks • South Carolina

This Release and Severance Agreement (the “Agreement”) is made and entered into by and between Gordon A. Baird (“Executive”) and Independence Bancshares, Inc., a South Carolina corporation and holding company of Independence National Bank, a national bank, as well as any affiliated or related entities, subsidiaries, or divisions, and the shareholders, directors, officers, employees, and agents thereof (collectively referred to herein as the “Company”).

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