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    EXHIBIT
      10.14

     

    

     

    Consulting
      and Non-Competition Agreement

     

    This
      Consulting and Non-Competition Agreement (“Agreement”) is entered into this
      23rd
      day of
      June, 2006 by and between Sterling Bank (the “Company”) with its place of
      business headquartered at Mount Laurel, New Jersey and Charles Alessi
      (“Consultant”).

     

    WHEREAS,
      the
      Company, Sterling Banks, Inc. and Farnsworth Bancorp, Inc. (“Farnsworth”) have
      entered into a Plan of Merger, and as a condition of such merger, the Company
      requires Consultant to enter into this Consulting and Non-Competition Agreement
      to protect the Company’s interests in the transition following the Merger
      closing; and

     

    WHEREAS,
      Consultant
      has previously served Peoples Savings Bank (the “Bank”) and Farnsworth as a
      senior officer; and

     

    WHEREAS,
      the
      Company recognizes the specialized knowledge and expertise of the Consultant
      related to the business affairs of Peoples Savings Bank (the “Bank”) the Bank
      and the financial industry, and that upon acquisition of the Bank by the Company
      (“Merger”), the Company wishes to enter into a consulting and non-competition
      relationship with Consultant; and

     

    WHEREAS,
      Consultant
      and the Company desire to enter into such a relationship upon the terms and
      conditions hereinafter contained;

     

    NOW,
      THEREFORE, in
      consideration of the covenants and terms contained in this Agreement as set
      forth herein and of the mutual benefits accruing to Company and to Consultant
      from the consulting relationship to be established between the parties by the
      terms of this Agreement, Company and Consultant agree as follows:

     

    
      	
              1.

            	
              Consulting
                Relationship

            

    

     

    Company
      hereby retains Consultant, and Consultant hereby agrees to be retained by
      Company, as an independent contractor, and not as an employee, with such duties
      and responsibilities to be effective as of the effective time of the Merger
      (the
“Effective Time”).

     

    
      	
              2.

            	
              Consulting
                Service

            

    

     

    Consultant
      agrees that during the Term (as defined in Section 5) of this
      Agreement:

     

    
      	 	
              A.

            	
              Consultant
                will devote his best efforts to such position as an independent contractor
                and will perform such duties and execute the policies of the Company,
                as
                the Company’s President and Consultant may mutually agree upon from time
                to time, and that as an independent contractor, Consultant shall
                not be an
                officer or employee of the Company and shall not be subject to the
                direct
                control or supervision of the President of the Company with respect
                to the
                time spent, research undertaken, or procedures followed in the performance
                of consulting services rendered
                hereunder.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    During
      the Term of the Agreement, Consultant agrees to consult with the Company, as
      requested by the Company’s President, on matters related to the business affairs
      and operations of the Company as they pertain to the former operations of the
      Bank, strategic planning and product development, merger and acquisition
      analysis, and business development opportunities that may be available to the
      Company based upon the Bank’s established reputation and stature in its market
      area.

     

    
      	 	
              B.

            	
              Consultant
                shall exercise a reasonable degree of skill, prudence and care in
                performing the services referred to in Section 2.A.
                above;

            

    

     

    
      	 	
              C.

            	
              Except
                as may be limited by Section 6 hereinafter, Consultant may be an
                employee,
                officer or director of other companies or entities and may provide
                consulting services for other companies or organizations; provided
                that
                such activities do not conflict with the services and activity that
                the
                Consultant is rendering to the Company or any of its subsidiaries
                or the
                services or activities of the Company and its
                subsidiaries;

            

    

     

    
      	 	
              D.

            	
              Consultant
                shall be available to render services to Company under this Agreement
                as
                requested by the President of the Company commencing on the first
                date of
                the initial Term of this Agreement as contained in Section 5 herein.
                Consultant will agree to provide consulting services to the Company
                during
                the one year period after the Effective Time as follows: (i) up to
                3 5
                hours per week for the 90-day period after the Effective Time, and
                (ii) up
                to 5 hours per week during the balance of the year after the Effective
                Time. Consultant shall not be obligated to render any services under
                this
                Agreement during such period when he is unable to do so due to illness,
                disability or injury, subject to the terms of Section 5(b)
                hereof;

            

    

     

    
      	 	
              E.

            	
              Consultant
                shall be available for service hereunder upon receipt of not less
                than
                five (5) business days’ written notice from Company; and
                

            

    

     

    
      	 	
              F.

            	
              Consultant
                shall not enter into agreements or make commitments on behalf of
                the
                Company without prior written consent or approval of the Company
                or its
                senior management.

            

    

     

    
      	
              3.

            	
              Compensation

            

    

     

    
      	 	
              A.

            	
              Company
                agrees to pay Consultant for his services performed under this Agreement
                and for his commitments and agreements as contained herein, including
                Section 6 herein, a payment of $111,800 upon the Merger and $4,658.33
                per
                month for an additional twenty-four (24 months), payable no less
                than
                monthly beginning on the one year anniversary of the Merger Effective
                Time. The Company acknowledges that compliance by the Consultant
                with
                Section 6, herein, is an essential component of this Agreement, and
                that
                such compliance is necessary for the Company to obtain the full value
                of
                its investment 

               

            

      	 	 	 

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    
      	 	 	
              in
                the Merger. The parties agree that Consultant shall not be entitled
                to
                participate in or receive benefits under any Company programs maintained
                for its employees. The Consultant will receive remuneration for services
                as a director of the Company for such time that he may be serving
                in such
                capacity commensurate with the remuneration received by other outside
                directors of the Company. Remuneration received as an outside director
                shall not be in lieu of or reduce any remuneration otherwise due
                under
                this Agreement.

            

    

     

    
      	 	
              B.

            	
              The
                Company hereby agrees to reimburse the Consultant for all reasonable
                expenses incurred by the Consultant on behalf of and with the consent
                of
                the Company, provided that the Consultant shall furnish appropriate
                documentation of such expenses and receives prior approval of such
                expenses.

            

    

     

    
      	
              4.

            	
              Other
                Conditions

            

    

     

    Consultant
      shall have no authority over any employee or officer of Company, nor shall
      Company be required in any manner to implement any plans or suggestions
      Consultant may provide.

     

    
      	
              5.

            	
              Term
                and Termination

            

    

     

    The
      term
      of this Agreement shall begin on the date of termination of employment of the
      Consultant as an employee of the Bank upon the closing date of the Merger
      between the Company and the Bank and shall continue for a period of 36 calendar
      months thereafter (“Term”), unless extended or terminated in accordance with the
      provisions set forth below.

     

    
      	 	
              A.

            	
              Termination
                for Cause. The Company may terminate this Agreement at any time for
“Just
                Cause;” provided, that after any such termination, the Consultant shall
                nevertheless be obligated to comply with the provisions of Section
                6
                hereof for the balance of the Term and the Company shall nevertheless
                remain obligated to comply with the provisions of Section 3(A) hereof
                for
                the balance of the Term. Termination for “Just Cause” shall be defined as
                termination because of the Consultant’s personal dishonesty, willful
                misconduct (including willful breach of a material term of this agreement
                and failure to cure such breach within 30 days after written notice
                thereof from the Company), breach of fiduciary duty involving personal
                profit, or willful violation of any law, rule or regulation related
                to the
                business or operations of the Company or its
                subsidiaries.

            

    

     

    
      	 	
              B.

            	
              Disability
                or Breach of Contract. In the event of a breach of this Agreement
                by the
                Company or termination of service due to Consultant’s permanent
                disability, all amounts due and payable for the remaining term of
                the
                Agreement shall be paid to Consultant or his beneficiary, as the
                case may
                be.

            

    

     

    
      	
              6.

            	
              Non-Competition
                and Confidential Business

            

    

     

    
      	 	
              A.

            	
              Consultant,
                during the Term of the Agreement, will not, without the express written
                consent of Company, directly or indirectly communicate or divulge
                to, or
                use for his own benefit or for the benefit of any other person, firm,
                association, or 

            

      	 	 	 

    

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    
      	 	 	
              corporation,
                any trade secrets, proprietary data or other confidential information
                communicated to or otherwise learned or acquired by Consultant from
                the
                Company while serving as a Consultant or director of the Company,
                if
                applicable, or while serving as an officer, director or employee
                of the
                Bank, or Farnsworth Bancorp, Inc. (collectively, the “Target”), except
                that Consultant may disclose such matters to the extent that disclosure
                is
                (a) requested by the Company or (b) required by a court or other
                governmental agency of competent
                jurisdiction.

            

    

     

    
      	 	
              B.

            	
              The
                Consultant agrees that during the Term of this Agreement, the Consultant
                will not, directly or indirectly, (i) become a director, officer,
                employee, shareholder, principal, or agent of, or become a consultant
                or
                independent contractor rendering or performing professional services
                associated with providing client/customer services and products for
                the
                benefit of, any insured depository institution, trust company or
                parent
                holding company of any such institution or company which has an office
                within 25 miles of Farnsworth’s headquarters office located at 789
                Farnsworth Avenue, Bordentown, New Jersey 08505, or any other entity
                whose
                business in the aforesaid area materially competes with the depository,
                lending or other business activities of the Company (in each case,
                a
                “Competitor”); provided, however, that this provision shall not prohibit
                the Consultant from owning bonds, non-voting preferred stock or up
                to five
                percent (5%) of the outstanding common stock of any such entity if
                such
                common stock is publicly traded, (ii) solicit or induce, or cause
                others
                to solicit or induce, any employee of the Company or any of its
                subsidiaries to leave the employment of such entities; or (iii) solicit
                (whether by mail, telephone, personal meeting or any other means,
                excluding general solicitations of the public that are not based
                in whole
                or in part on any list of customers of the Company) any customer
                of the
                Company to transact business with any other entity, whether or not
                a
                Competitor, or to reduce or refrain from doing any business with
                the
                Company or its subsidiaries, or interfere with or damage (or attempt
                to
                interfere with or damage) any relationship between the Company and
                any
                such customers.

            

    

     

    
      	 	
              C.

            	
              Unless
                prior written consent is obtained from the Company, during the Term
                of
                this Agreement, the Consultant hereby agrees that he shall not, on
                his own
                behalf or on behalf of others, employ, solicit, or induce, or attempt
                to
                employ, solicit or induce, any employee of the Company for employment
                with
                any Competitor, nor will Consultant directly or indirectly, on his
                behalf
                or for others, seek to influence any Company employee to leave the
                employ
                of the Company or any Company
                subsidiary.

            

    

     

    
      	 	
              D.

            	
              During
                the Term of the Agreement, Consultant will not make any public statements
                regarding the Company without the prior consent of the Company, and
                the
                Consultant shall not make any statements that disparage the Company
                or its
                business practices.

            

    

     

    
      	 	
              E.

            	
              The
                Consultant and the Company acknowledge and agree that irreparable
                injury
                will result to the parties in the event of a breach of any of the
                provisions of this Section 6 (the “Designated Provisions”) and that the
                Consultant and the Company 

            

      	 	 	 

    

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    
      	 	 	will have no adequate remedy at law with respect
              thereto.
              Accordingly, in the event of a material breach of any Designated
              Provision, and in addition to any other legal or equitable remedy the
              Consultant or the Company may have, the Consultant or the Company shall
              be
              entitled to the entry of a preliminary and a permanent injunction
              (including, without limitation, specific performance by a court of
              competent jurisdiction located in any county in the State of New Jersey,
              or elsewhere), to restrain the violation or breach thereof by either
              the
              Consultant or the Company, and the parties shall submit to the
              jurisdiction of such court in any such
              action.

    

     

    
      	
              7.

            	
              Independent
                Contractor

            

    

     

    The
      parties hereto agree and acknowledge that the relationship between Company
      and
      Consultant shall be that of an independent contractor and not that of
      employer-employee, master-servant or principal-agent. Nothing in this Agreement,
      or its implementation, shall be construed to be to the contrary.

     

    
      	
              8.

            	
              The
                Complete Agreement

            

    

     

    This
      Agreement, and any attachments or exhibits appended hereto, shall represent
      the
      complete Agreement between Company and Consultant concerning the subject matter
      hereof and supersedes all prior agreements or understandings, written or oral.
      No attempted modification or waiver of any of the provisions hereof shall be
      binding on either party unless made in writing and signed by both Consultant
      and
      Company.

     

    
      	
              9.

            	
              Notices

            

    

     

    Any
      notice required or permitted to be given hereunder shall be in writing and
      shall
      be effective three business days after it is properly sent by registered or
      certified mail, if to the Company to the President at the administrative offices
      of the Company, or if to Consultant to the address set forth beneath his
      signature to this Agreement, or to such other address as either party may from
      time to time designate by notice.

     

    
      	
              10.

            	
              Assignability

            

    

     

    This
      Agreement may not be assigned by either party without the prior written consent
      of the other party, except that no consent is necessary for the Company to
      assign this Agreement to a corporation succeeding to substantially all the
      assets or business of the Company whether by merger, consolidation, acquisition
      or otherwise. This Agreement shall be binding upon Consultant, his heirs and
      permitted assigns and the Company, its successors and permitted
      assigns.

     

    
      	
              11.

            	
              Severability

            

    

     

    Each
      of
      the sections contained in this Agreement shall be enforceable independently
      of
      every other section in this Agreement, and the invalidity or non-enforceability
      of any section shall not invalidate or render non-enforceable any other section
      contained herein. If any section or provision in a section is found invalid
      or
      unenforceable, it is the intent of the parties that a 

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    court
      of
      competent jurisdiction shall reform the section or provisions to produce its
      nearest enforceable economic equivalent.

     

    
      	
              12.

            	
              Arbitration

            

    

     

    Except
      as
      detailed at Section 6.17 herein, unless otherwise mutually agreed to by the
      Consultant and the Company in writing, any controversy or claim arising out
      of
      or relating to this Agreement or the breach thereof shall be settled exclusively
      by binding arbitration in accordance with the Commercial Arbitration Rules
      of
      the American Arbitration Association, with such arbitration hearing to be held
      at the offices of the American Arbitration Association (“AAA”) nearest to
      Bordentown, New Jersey, and judgment upon the award rendered by the
      arbitrator(s) may be entered in any court having jurisdiction thereof. Either
      the Consultant or the Company may file a request for such arbitration with
      the
      AAA.

     

    
      	
              13.

            	
              Governing
                Law

            

    

     

    The
      validity, interpretation, construction and performance of this Agreement shall
      be governed by the laws of the United States where applicable and otherwise
      by
      the substantive laws of the State of New Jersey.

     

    Notwithstanding
      anything herein to the contrary, any payments made to Consultant pursuant to
      the
      Agreement, or otherwise, shall be subject to and conditioned upon compliance
      with 12 USC § 1828(k) and any regulations promulgated thereunder.

     

    IN
      WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
      day
      and the first above written.

     

    
      	
               

              STERLING
                BANK (“COMPANY”)

               

              By:       
                 /s/Robert
                H. King

            
	
              Robert
                H. King,
                PRESIDENT

            
	
               

              Charles
                Alessi, CONSULTANT

            
	
               

              Address:

            
	
              2
                Bridle Way

            
	
              Columbus,
                NJ 08002

            
	 

    

     

     

    6Exhibit 10.1

    
      
        

      

      CNL
        Hotels & Resorts, Inc. 

      2004
        Omnibus Long-Term Incentive Plan

      Deferred
        Share Award Grant Notice

      (Executive
        )

       

      CNL
        Hotels & Resorts, Inc. (the “Company”), pursuant to its 2004 Omnibus
        Long-Term Incentive Plan (the “Plan”), hereby memorializes the grant to
        Participant of a right to receive the number of shares of the Company’s Common
        Stock set forth below on the terms and conditions of this Grant Notice, the
        Plan, the Deferred Share Award Agreement and the applicable provisions of
        Participant’s Employment Agreement (as defined in the Deferred Share Award
        Agreement), all of which are incorporated herein.

       

      

       

      
        	
                Participant:

              	 
	
                Date
                  of Grant:

              	 
	
                Number
                  of Deferred Shares:

              	 

      

       

      Expiration
        Date: Subject to termination as provided in the Deferred Share Award
        Agreement.

       

       

      
        	
                Vesting
                  Schedule:
                  

              	
                [_____________]
                  Subject to Section 3(b) of the Deferred Share Award Agreement,
                  all vesting
                  is subject to Participant’s Continuous Service on such vesting
                  date(s). Vesting
                  may be accelerated pursuant to Section 3(c) of the Deferred Share
                  Award
                  Agreement.

              

      

       

      
        	
                Delivery
                  Schedule:

              	
                Vested
                  Deferred Shares shall be delivered within [two and one-half months
                  after
                  the date such Deferred Shares vest][thirty (30) days of the date
                  the
                  Compensation Committee of the Board of Directors (the “Committee’) has
                  determined the number of Deferred Shares that have vested for the
                  respective performance period], or, if earlier, pursuant to Section
                  4(b)
                  of the Deferred Share Award Agreement.

              

      

      

       

      Additional
        Terms/Acknowledgements:
        The
        undersigned Participant acknowledges receipt of, and understands and agrees
        to,
        this Deferred Share Award Grant Notice, the Deferred Share Award Agreement,
        the
        applicable provisions of the Participant’s Employment Agreement and the Plan.
        Participant further acknowledges that as of the Date of Grant, this Deferred
        Share Award Grant Notice, the Deferred Share Award Agreement, the Plan and
        the
        applicable provisions of the Participant’s Employment Agreement set forth the
        entire understanding between Participant and the Company regarding the
        acquisition of Common Stock in the Company and supersede all prior oral and
        written agreements on that subject with the exception of (i) other stock
        awards
        previously granted and delivered to Participant under the Plan, and
        (ii) the following agreements only:

       

      Other
        Agreements: _____________________________________________________________________   

       

      

       

      
        
          	 CNL
                  Hotels & Resorts, Inc.	 	 	 Participant:
	 	 	 	 
	
                  
                    

                  
                             	 	 	
                  

                
	By:
Title:
Date:	 	 	Date:

        

       

      Attachments:
        Deferred Share Award Agreement, 2004 Omnibus Long-Term Incentive Plan (if
        not
        previously delivered to Participant) [and the Performance
        Objectives].

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Attachment
        I

      Deferred
        Share Award Agreement

       

      
        
          

           

          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Attachment
        II

       

      2004
        Omnibus Long-Term Incentive Plan

      (Unless
        Previously Provided to Participant)

       

      
        
          

           

          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Attachment
        III]

       

      [Performance
        Objectives ]

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