Non-Renewal Notice of Employment Agreement between BCB Community Bank and Amer Saleem
Contract Categories:
Human Resources
›
Employment Agreements
Summary
BCB Community Bank has formally notified Amer Saleem, its Chief Lending Officer, that it will not renew his employment agreement, originally dated July 6, 2010. This decision was made by the bank's Board of Directors and communicated in writing as required by the agreement. The notice serves as official confirmation that the employment contract will not be extended beyond its current term.
EX-10.4 5 ex10-4_051412.htm SALEEM NON-RENEWAL NOTICE ex10-4_051412.htm
EXHIBIT 10.4
[Letterhead of BCB Community Bank]
May 10, 2012
Amer Saleem, Chief Lending Officer
BCB Community Bank
104-110 Avenue C
Bayonne, NJ 07002
| RE: | BCB COMMUNITY BANK/AMER |
SALEEM/EMPLOYMENT AGREEMENT
Dear Amer:
Pursuant to the vote of the Board of Directors ("Board") of BCB Community Bank ("BCB") at last night's Board meeting, please be advised that the Board, pursuant to Section 2(a) of the Employment Agreement between BCB Community Bank and Amer Saleem, dated as of July 6, 2010 ("Agreement"), has elected not to extend the term of the Agreement, and hereby gives you written notice of its non-renewal of the Agreement.
Thank you.
Very truly yours, | |
/s/ John J. Brogan, Esq. | |
JOHN J. BROGAN, ESQ. | |
GENERAL COUNSEL | |
BCB COMMUNITY BANK |
INTER-OFFICE DELIVERY
JBrogan/server/Executive Agreements.Letter to Amer Saleem.5.10.12