Separation and Release AgreementSeparation and Release Agreement • June 12th, 2008 • South Financial Group Inc • State commercial banks
This Separation and Release Agreement (“Agreement”) is entered into as of June 12, 2008 by and between Maurice J. Spagnoletti (“Executive”), Carolina First Bank (the “Company”) and The South Financial Group, Inc. (“TSFG”). The Company is a wholly-owned subsidiary of TSFG. Where the context permits, “TSFG” includes TSFG and its affiliated subsidiary entities, including the Company.
