Mutual Termination of Employment Agreement Sample Contracts

MUTUAL TERMINATION OF EMPLOYMENT AGREEMENT
Mutual Termination of Employment Agreement • January 9th, 2019 • Hopfed Bancorp Inc • State commercial banks • Indiana

This Mutual Termination of Employment Agreement (“Agreement”) is entered into on this 7th day of January, 2019, but effective as of the Effective Time (as defined below), by and among HopFed Bancorp, Inc., a Delaware corporation (“HopFed”), Heritage Bank USA, Inc. a Kentucky state chartered bank and wholly-owned subsidiary of HopFed (“Heritage Bank”), and John E. Peck, the current President and Chief Executive Officer of HopFed and Heritage Bank (the “Executive”) (hereinafter collectively referred to as the “Parties”). First Financial Corporation (“First Financial”), a bank holding company under the Bank Holding Company Act of 1956, as amended, and First Financial Bank, National Association (“First Financial Bank”), a wholly-owned national banking association subsidiary of First Financial, are Parties for the limited purposes described herein.

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MUTUAL TERMINATION OF EMPLOYMENT AGREEMENT
Mutual Termination of Employment Agreement • January 9th, 2019 • Hopfed Bancorp Inc • State commercial banks • Indiana

This Mutual Termination of Employment Agreement (“Agreement”) is entered into on this 7th day of January, 2019, but effective as of the Effective Time (as defined below), by and among HopFed Bancorp, Inc., a Delaware corporation (“HopFed”), Heritage Bank USA, Inc. a Kentucky state chartered bank and wholly-owned subsidiary of HopFed (“Heritage Bank”), and Michael L. Woolfolk, the current Executive Vice President and Chief Operations Officer of Heritage Bank and Heritage Bank (the “Executive”) (hereinafter collectively referred to as the “Parties”). First Financial Corporation (“First Financial”), a bank holding company under the Bank Holding Company Act of 1956, as amended, and First Financial Bank, National Association (“First Financial Bank”), a wholly-owned national banking association subsidiary of First Financial, are Parties for the limited purposes described herein.

MUTUAL TERMINATION OF EMPLOYMENT AGREEMENT
Mutual Termination of Employment Agreement • June 19th, 2017 • Wolverine Bancorp, Inc. • Savings institutions, not federally chartered • Michigan

This Mutual Termination of Employment Agreement (“Agreement”) is entered into on this 13th day of June, 2017, and effective as of the Effective Time of the Merger (each as defined below) by and between: (i) Wolverine Bancorp, Inc., a Maryland corporation (“WBKC”), Wolverine Bank, a federally chartered savings bank and wholly-owned subsidiary of WBKC (“Wolverine Bank”), and (ii) Rick A. Rosinski, the current Chief Operating Officer of Wolverine Bank (the “Executive”) (hereinafter collectively referred to as the “Parties”).

This Mutual Termination of Employment Agreement is entered into by and between Gen2Media Corp. and James Byrd, Jr. this 9th day of July, 2009.
Mutual Termination of Employment Agreement • July 15th, 2009 • Gen 2 Media CORP • Cable & other pay television services
MUTUAL TERMINATION OF EMPLOYMENT AGREEMENT
Mutual Termination of Employment Agreement • September 30th, 2014 • ASTROTECH Corp \WA\ • Guided missiles & space vehicles & parts • Texas

This Mutual Termination of Employment Agreement (this “Agreement”) is made as of this 28th day of May, 2014, by and between Astrotech Corporation (f/k/a SPACEHAB, Incorporated), a Washington corporation (the “Company”), and Don White (the “Executive”).

MUTUAL TERMINATION OF EMPLOYMENT AGREEMENT
Mutual Termination of Employment Agreement • March 14th, 2016 • LaPorte Bancorp, Inc. • Savings institutions, not federally chartered • Indiana

THIS MUTUAL TERMINATION OF EMPLOYMENT AGREEMENT (“Agreement”) is entered into on this 10th day of March, 2016, but effective as of the Effective Time (as defined below), by and among LAPORTE BANCORP, INC., a Maryland corporation (“LPB”), LAPORTE SAVINGS BANK, an Indiana state chartered savings bank and wholly‑owned subsidiary of LPB (“LPSB”), and MICHELE M. THOMPSON, the current President and Chief Financial Officer of LPSB (the “Executive”) (hereinafter collectively referred to as the “Parties”). HORIZON BANCORP (“Horizon”), a bank holding company under the Bank Holding Company Act of 1956, as amended, and HORIZON BANK, NATIONAL ASSOCIATION, (“Horizon Bank”), a wholly‑owned national banking association subsidiary of Horizon, are Parties for the limited purposes described herein.

Agreement and Plan of Merger
Mutual Termination of Employment Agreement • February 19th, 2015 • Horizon Bancorp /In/ • National commercial banks • Indiana

This Plan of Merger is made and entered into as of _______________, 2015, between Peoples Bancorp, an Indiana corporation with its principal office located at 212 W. 7th Street, Auburn, Indiana 46706 (“Peoples”), and Horizon Bancorp, an Indiana corporation with its principal office located at 515 Franklin Street, Michigan City, Indiana 46360 (“Horizon”).

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