RESIGNATION AND RELEASE OF CLAIMSResignation and Release of Claims • July 3rd, 2014 • Commerce Union Bancshares, Inc. • Tennessee
This Resignation and Release of Claims (this “Agreement”) is entered into this day of , 2014, by and among Commerce Union Bancshares, Inc., a Tennessee corporation registered as a bank holding company under the Bank Holding Company Act of 1956, as amended, with its principal place of business at 701 South Main Street, Springfield, Robertson County, Tennessee 37172 (the “Company”); Commerce Union Bank, a Tennessee banking corporation and wholly-owned subsidiary of Company with its principal place of business at 701 South Main Street, Springfield, Robertson County, Tennessee 37172 (the “Bank”); and the undersigned individual (the “Director”) (collectively the “Parties” and each individually a “Party”). When used herein, the term “Bank” shall include the Surviving Bank.
