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As Of Filer Filing For·On·As Docs:Size 8/09/16 Bancorp, Inc. 10-Q 6/30/16 87:24M |
Document/Exhibit Description Pages Size 1: 10-Q Quarterly Report HTML 1.69M 2: EX-10.1 Material Contract HTML 80K 3: EX-10.2 Material Contract HTML 62K 4: EX-10.3 Material Contract HTML 61K 5: EX-31.1 Certification -- §302 - SOA'02 HTML 32K 6: EX-31.2 Certification -- §302 - SOA'02 HTML 32K 7: EX-32.1 Certification -- §906 - SOA'02 HTML 28K 8: EX-32.2 Certification -- §906 - SOA'02 HTML 28K 15: R1 Document and Entity Information HTML 43K 16: R2 Consolidated Balance Sheets HTML 123K 17: R3 Consolidated Balance Sheets (Parenthetical) HTML 37K 18: R4 Consolidated Statements of Operations HTML 179K 19: R5 Consolidated Statements of Comprehensive Income HTML 62K 20: R6 Consolidated Statement of Changes in Shareholders' HTML 51K Equity 21: R7 Consolidated Statements of Cash Flows HTML 124K 22: R8 Structure Of Company HTML 29K 23: R9 Significant Accounting Policies HTML 29K 24: R10 Share-based Compensation HTML 111K 25: R11 Earnings Per Share HTML 427K 26: R12 Investment Securities HTML 580K 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20160630 Exhibit 103 |
July 28, 2016
John Leto
32 Nassau Boulevard
Dear John,
The Bancorp is pleased to extend to you an offer of employment. We would like to have you join our Overhead Administration division as an Executive Vice President, Chief Administrative Officer, beginning July 27, 2016, at our office location: 409 Silverside Road, Suite 105, Wilmington, DE 19809. This position consists of a forty-hour workweek and may require some flexibility to accommodate any additional time necessary to complete pending projects. You will be reporting to Damian, Kozlowski, President and Chief Executive Officer.
The offer we extend to you is:
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SALARY: $400,000.00 I Annually |
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Bancorp will direct bill or reimburse you for temporary housing for up to ninety (90) days |
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You will be eligible for employee relocation assistance as per the guidelines contained within The Bancorp Employee Relocation Assistance Policy |
In addition to the above, we offer an excellent Benefits Package to our employees. These benefits would include Highmark DE Blue Cross Blue Shield three plan options (EPO and two HDHP's), Dental Insurance coverage (free to employee/buy up to add dependents and/or spouse) with United Concordia Employee Benefits, free Life Insurance Coverage (two times your annual salary with a maximum benefit of $200,000.00), short term/long term disability coverage and an exceptional 401 K Plan. Access to a Health Savings Accounts through Health Equity. Flexible Spending Accounts are also available. Eligibility for these benefits begins the first of the month following your start date. Your date of eligibility, based upon your original start date of July 5, 2016 will be August 1, 2016.
As a full time employee you are also eligible to participate in our Flexible Spending Account as well as some additional voluntary benefits. We also encourage all employees to participate in our Wellness program with Wellworks. Participation may make you eligible for discounts on your healthcare contributions in 2017.
Our Paid Time-off (PTO) policy is twenty-three (23) days per year prorated from your hire date. Please note that PTO time includes sick time, personal time and vacation time.
This offer is contingent upon our checking your credit and criminal background history. In the event we do not receive a favorable credit and criminal background check, this offer of employment will be void.
Employment with The Bancorp is voluntary, and at will, you may terminate your employment at any time without cause or advance notice. Likewise, The Bancorp may terminate your employment at any time with or without cause or advance notice.
The Bancorp extends this offer with the understanding that you have not signed any agreement with any prior or existing employer which includes restrictions on your ability to compete; to contact customers, clients or employees; or to use and or/disclose business, client or customer information. If there are such agreements, please provide The Bancorp with a copy of the agreement so we can consider whether and to what extent the agreement may preclude and/or restrict your employment with our organization.
I hope you will find working at The Bancorp a rewarding and educational experience. We are looking forward to your bringing your expertise to our organization. There are many opportunities within the company for growth and advancement.
If you have any questions or concerns, please feel free to contact me via e-mail at bmccabe@thebancorp.com or telephone 302.385.5394. Damian Kozlowski is also available at telephone 302.385.5206.
I agree to and accept the foregoing terms of employment offer.
/S/ JOHN LETO
Employee Acceptance Signature
This ‘10-Q’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 8/9/16 | |||
8/1/16 | ||||
7/28/16 | 8-K | |||
7/27/16 | 3 | |||
7/5/16 | ||||
For Period end: | 6/30/16 | |||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 3/15/21 Bancorp, Inc. 10-K 12/31/20 128:66M Certent, Inc./FA |