0001552781-24-000246 Sample Contracts

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • April 24th, 2024 • Bancorp 34, Inc. • Savings institution, federally chartered • Arizona

THIS SEPARATION AGREEMENT AND RELEASE (the “Agreement”), dated as of April 18, 2024, is made and entered into by and between James Crotty (“Employee”), an individual resident of Arizona, Southwest Heritage Bank, a federal savings bank formerly known as Bank 34 (the “Employer”), and Bancorp 34, Inc., a Maryland corporation (“Bancorp”) (solely for the purposes of Section 2(d) below).

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