Settlement and Non-Competition Agreement Sample Contracts

SETTLEMENT AND NON-COMPETITION AGREEMENT
Settlement and Non-Competition Agreement • January 10th, 2025 • ESSA Bancorp, Inc. • Savings institutions, not federally chartered • Pennsylvania

This Settlement and Non-Competition Agreement (the “Agreement”) is entered into as of January 9, 2025 by and among Gary S. Olson (the “Executive”), ESSA Bancorp, Inc., a Pennsylvania corporation (“ESSA”), CNB Financial Corporation, a Pennsylvania corporation (the “Company”), and ESSA Bank & Trust, a wholly-owned subsidiary of ESSA (“ESSA Bank”).