March 17, 2014Federal Home Loan Bank of Cincinnati • April 11th, 2014 • Federal & federally-sponsored credit agencies
This letter is to confirm our discussion regarding your employment with the Federal Home Loan Bank of Cincinnati (the “Bank”) ending effective March 17, 2014. The Bank is interested in effecting your separation in an amicable fashion and consistent with that interest is willing to provide you with a package of separation benefits to which you are not otherwise entitled in exchange for your execution of this letter agreement (the “Agreement”). We believe this is a mutually beneficial arrangement.
