Common use of Opportunity To Consult With Independent Advisors Clause in Contracts

Opportunity To Consult With Independent Advisors. The Officer acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: (i) terms and conditions which may affect the Officer’s right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer acknowledges and agrees shall be the sole responsibility of the Officer notwithstanding any other term or provision of this Agreement. The Officer further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraph. The Officer further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: (i) terms and conditions which may affect the OfficerExecutive’s right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxesfxxxxxx xx xxxxx xxxxx, Section 280G §000X of the Code, Section §409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraph. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he or she has been afforded the opportunity to consult with independent advisors of his or her choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him or her under the terms of this Agreement and the: the (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; , and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderCode, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 9.14. The Officer Executive further acknowledges that he or she has read, understands and consents to WashingtonFirst Bank Supplemental Executive Retirement Agreement all of the terms and conditions of this Agreement, and that he or she enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he or she has been afforded the opportunity to consult with independent advisors of his or her choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him or her under the terms of this Agreement and the: the (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; , and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderCode, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 10.19. The Officer Executive further acknowledges that he or she has read, understands and consents to all of the terms and conditions of this Agreement, and that he or she enters into this Agreement with a full understanding of its terms and conditions.. PLUMAS BANK

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and legal counsel regarding both the benefits granted to him under the terms of this Agreement and the: (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraph. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he or she has been afforded the opportunity to consult with independent advisors of his or her choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him or her under the terms of this Agreement and the: the (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; , and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderCode, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 10.19. The Officer Executive further acknowledges that he or she has read, understands and consents to all of the terms and conditions of this Agreement, and that he or she enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: the (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; , and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderCode, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 10.19. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.. PLUMAS BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he he/she has been afforded the opportunity to consult with independent advisors of his his/her choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him him/her under the terms of this Agreement and the: the (ia) terms and conditions which may affect the OfficerExecutive’s right to these benefits; , and (iib) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderCode, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 9.13. The Officer Executive further acknowledges that he he/she has read, understands and consents to all of the terms and conditions of this Agreement, and that he he/she enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and legal counsel regarding both the benefits granted to him under the terms of this Agreement and the: (i) terms tetras and conditions which may affect the OfficerExecutive’s right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term tetra or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraph. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and legal counsel regarding both the benefits granted to him under the terms of this Agreement and the: (i) terms and conditions which may affect the OfficerExecutive’s right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraph. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Director acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: (i) terms and conditions which may affect the OfficerDirector’s right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Director acknowledges and agrees shall be the sole responsibility of the Officer Director notwithstanding any other term or provision of this Agreement. The Officer Director further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Director and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this is paragraph. The Officer Director further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: (i) terms and conditions which may affect the OfficerExecutive’s right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank Company shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank Company related to the matters described above in this paragraph. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Employee acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: the (iI) terms and conditions which may affect the Officer’s Employee's right to these benefits; benefits and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer instances, Employee acknowledges and agrees shall be the sole responsibility of the Officer Employee notwithstanding any other term or provision of this Agreement. The Officer Employee further acknowledges and agrees that the Bank Employer shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Employee and further specifically waives any right for himself or herselfEmployee, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor agents successors and assign assigns to claim or assert liability on the part of the Bank Employer related to the matters described above in this paragraphParagraph 26. The Officer Employee further acknowledges and agrees that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Employee acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: the (i) terms and conditions which may affect the OfficerEmployee’s right to these benefits; benefits and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section Code section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderG, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer instances, Employee acknowledges and agrees shall be the sole responsibility of the Officer Employee notwithstanding any other term or provision of this Agreement. The Officer Employee further acknowledges and agrees that the Employer and Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Employee and further specifically waives any right for himself or herselfEmployee, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor successors and assign assigns to claim or assert liability on the part of the Bank Employer related to the matters described above in this paragraphParagraph 27. The Officer Employee further acknowledges and agrees that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits (i)benefits granted to him under the terms provisions of this Agreement and the: Agreement, (iii) terms and conditions which may affect the Officer’s Executive's right to these benefits; and (ii, and(iii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank Employer shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself the Executive, his Surviving Spouse or herselfBeneficiary, and any other of his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor successors, and assign assigns, to claim or assert liability on the part of the Bank Employer related to the matters described above in this paragraphsubparagraph 11.1(b). The Officer Executive further acknowledges and agrees that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: the (i) terms and conditions which may affect the OfficerExecutive’s right to these benefits; benefits and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer notwithstanding any other term or provision of Executive except as otherwise provided in this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 8.14. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank Employer shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank Employer related to the matters described above in this paragraph. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Employee acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: the (i) terms and conditions which may affect the Officer’s Employee's right to these benefits; benefits and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer instances, Employee acknowledges and agrees shall be the sole responsibility of the Officer Employee notwithstanding any other term or provision of this Agreement. The Officer Employee further acknowledges and agrees that the Bank Employer shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Employee and further specifically waives any right for himself or herselfEmployee, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor agents successors and assign assigns to claim or assert liability on the part of the Bank Employer related to the matters described above in this paragraphParagraph 27. The Officer Employee further acknowledges and agrees that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: the (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; , and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderCode, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 10.18. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and legal counsel regarding both the benefits granted to him under the terms of this Agreement Plan and the: (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this AgreementPlan. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraph. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this AgreementPlan, and that he enters into this Agreement Plan with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Participant acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and legal counsel regarding both the benefits granted to him under the terms of this Agreement Plan and the: (i) terms and conditions which may affect the OfficerParticipant’s right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Participant acknowledges and agrees shall be the sole responsibility of the Officer Participant notwithstanding any other term or provision of this AgreementPlan. The Officer Participant further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Participant and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraph. The Officer Participant further acknowledges that he has read, understands and consents to all of the terms and conditions of this AgreementPlan, and that he enters into this Agreement Plan with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he she has been afforded the opportunity to consult with independent advisors of his her choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him her under the terms of this Agreement and the: the (i) terms and conditions which may affect the OfficerExecutive’s right to these benefits; , and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderCode, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 8.13. The Officer Executive further acknowledges that he she has read, understands and consents to all of the terms and conditions of this Agreement, and that he she enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Employee acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: the (i) terms and conditions which may affect the Officer’s Employee's right to these benefits; benefits and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer instances, Employee acknowledges and agrees shall be the sole responsibility of the Officer Employee notwithstanding any other term or provision of this Agreement. The Officer Employee further acknowledges and agrees that the Bank Employer shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Employee and further specifically waives any right for himself or herselfEmployee, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor agents successors and assign assigns to claim or assert liability on the part of the Bank Employer related to the matters described above in this paragraphParagraph 23. The Officer Employee further acknowledges and agrees that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he has been afforded the opportunity to consult with independent advisors of his choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him under the terms of this Agreement and the: ; (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section Sections 280G of the Code, Section 409A of the Code and guidance or regulations thereunder, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representative, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraph. The Officer Executive further acknowledges that he has read, understands and consents to all of the terms and conditions of this Agreement, and that he enters into this Agreement with a full understanding of its terms and conditions.

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he or she has been afforded the opportunity to consult with independent advisors of his or her choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him or her under the terms of this Agreement and the: the (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; , and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderCode, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 10.14. The Officer Executive further acknowledges that he or she has read, understands and consents to all of the terms and conditions of this Agreement, and that he or she enters into this Agreement with a full understanding of its terms and conditions.. WashingtonFirst Bank Supplemental Executive Retirement Agreement

Opportunity To Consult With Independent Advisors. The Officer Executive acknowledges that he or she has been afforded the opportunity to consult with independent advisors of his or her choosing including, without limitation, accountants or tax advisors and counsel regarding both the benefits granted to him or her under the terms of this Agreement and the: the (i) terms and conditions which may affect the Officer’s Executive's right to these benefits; , and (ii) personal tax effects of such benefits including, without limitation, the effects of any federal or state taxes, Section 280G of the Code, Section 409A of the Code and guidance or regulations thereunderCode, and any other taxes, costs, expenses or liabilities whatsoever related to such benefits, which in any of the foregoing instances the Officer Executive acknowledges and agrees shall be the sole responsibility of the Officer Executive notwithstanding any other term or provision of this Agreement. The Officer Executive further acknowledges and agrees that the Bank shall have no liability whatsoever related to any such personal tax effects or other personal costs, expenses, or liabilities applicable to the Officer Executive and further specifically waives any right for himself or herself, and his or her heirs, beneficiaries, legal representativerepresentatives, agents, successor and assign to claim or assert liability on the part of the Bank related to the matters described above in this paragraphSection 9.14. The Officer Executive further acknowledges that he or she has read, understands and consents to all of the terms and conditions of this Agreement, and that he or she enters into this Agreement with a full understanding of its terms and conditions.. WashingtonFirst Bank Supplemental Executive Retirement Agreement