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0 0 <br />BK:00021 PG:0076 <br />STATE OF NORTH CAROLINA <br />RELEASE <br />COUNTY OF LEE <br />THIS AGREEMENT, made and entered into this 27th day of July 2006, by and between <br />Clyde A. Kepley III and the County of Lee: <br />WITNESSETH: <br />WHEREAS, Clyde A. Kepley III was appointed as Tax Administrator of Lee County for a <br />four year term beginning December 1, 2003; and <br />WHEREAS, the County of Lee has requested that the County of Lee, its Board of <br />Commissioners, its public officers, staff, employees and agents be released from the <br />contractual terms of that appointment from and after July 27, 2006, and that they be <br />released and discharged from all obligations and liabilities whatsoever under, on <br />account of, or growing out of such appointment or its termination; and <br />WHEREAS, Clyde A. Kepley III has agreed thereto upon the payment to him of the sum <br />of Eighteen Thousand Eight Hundred Fifty Four and 35/100 Dollars ($18,854.35) which <br />sum has been fully paid. <br />NOW, THEREFORE, in consideration of the sum to him paid as aforesaid, the receipt <br />and sufficiency of which are hereby acknowledged, Clyde A. Kepley III does hereby <br />release and forever discharge the County of Lee, its Board of Commissioners, its public <br />officers, staff, employees, and agents from the contractual terms of his appointment as <br />tax administrator and from all obligations and liabilities whatsoever under, on account <br />of, or growing out of appointment or its termination. <br />IN WITNESS WHEREOF, Clyde A. Kepley III has hereunto set his hand and seal and <br />the County of Lee has caused this document to be executed by the Chairman of the <br />Board of Commissioners and attested by the Clerk to the Board, all by authority of its <br />Board of Commissioners first duly given, all on the day first above written. <br />