RIGHTS AGREEMENT dated as of July 30, 2024 by and between FARMERS & MERCHANTS BANCSHARES, INC., as the Company, and EQUINITI TRUST COMPANY, LLC, as Rights AgentRights Agreement • July 30th, 2024 • Farmers & Merchants Bancshares, Inc. • Savings institutions, not federally chartered • New York
This RIGHTS AGREEMENT, dated as of July 30, 2024 (this “Agreement”), is made and entered into by and between Farmers & Merchants Bancshares, Inc., a Maryland corporation (the “Company”), and Equiniti Trust Company, LLC, as rights agent (the “Rights Agent”).
Farmers and Merchants Bank Supplemental Executive Retirement AgreementSupplemental Executive Retirement Agreement • March 8th, 2017 • Farmers & Merchants Bancshares, Inc. • Maryland
This Supplemental Executive Retirement Agreement (this “Agreement”) is adopted this 30th day of December, 2010, by and between Farmers and Merchants Bank, a state-chartered commercial bank located in Upperco, Maryland (the “Bank”), and Christopher T. Oswald (the “Executive”).
FARMERS AND MERCHANTS BANCSHARES, INC RESTRICTED STOCK UNIT (RSU) AWARD AGREEMENT (Time-Vesting) (Share-Settled)Restricted Stock Unit Award Agreement • November 15th, 2023 • Farmers & Merchants Bancshares, Inc. • Savings institutions, not federally chartered • Maryland
THIS RESTRICTED STOCK UNIT (RSU) AWARD AGREEMENT (this “Agreement”) is made as of the Grant Date set forth above by and between Farmers and Merchants Bancshares, Inc., a Maryland corporation (the “Company”), and the Participant.
PLAN OF REORGANIZATION AND SHARE EXCHANGEPlan of Reorganization and Share Exchange • March 8th, 2017 • Farmers & Merchants Bancshares, Inc.
THIS PLAN OF REORGANIZATION AND SHARE EXCHANGE (the “Plan”) is made as of August 15, 2016, by and between Farmers and Merchants Bancshares, Inc., a Maryland corporation (the “Company”), and Farmers and Merchants Bank of Fowblesburg, Maryland, a banking corporation organized under the laws of the State of Maryland (the “Bank”).
FIRST AMENDMENTSupplemental Executive Retirement Plan • March 8th, 2017 • Farmers & Merchants Bancshares, Inc.
THIS First Amendment is entered into this22nd day of February, 2011, by and between FARMERS & MERCHANTS BANK (the “Bank”), a state-chartered commercial bank located in Upperco, Maryland, and Christopher T. Oswald (the “Executive”).
AGREEMENT AND Plan of MergerMerger Agreement • October 1st, 2020 • Farmers & Merchants Bancshares, Inc. • Savings institutions, not federally chartered
THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”) by and between Farmers and Merchants Bancshares, Inc., a Maryland corporation (“Parent”) and Carroll Bancorp, Inc., a Maryland corporation (“Carroll”) is dated as of September 28, 2020.
PERFORMANCE DRIVEN RETIREMENT PLAN AGREEMENTPerformance Driven Retirement Plan Agreement • March 8th, 2017 • Farmers & Merchants Bancshares, Inc. • Maryland
THIS PERFORMANCE DRIVEN RETIREMENT PLAN AGREEMENT (this “Agreement”), adopted this 17th day of November, 2015, by and between Farmers and Merchants Bank, located in Upperco, Maryland (the “Employer”), and Mark Krebs (the “Executive”), formalizes the agreements and understanding between the Employer and the Executive.
ARTICLES OF SHARE EXCHANGE between FARMERS AND MERCHANTS BANK OF FOWBLESBURG, MARYLAND and FARMERS AND MERCHANTS BANCSHARES, INC.Articles of Share Exchange • March 8th, 2017 • Farmers & Merchants Bancshares, Inc.
ARTICLES OF SHARE EXCHANGE is made and entered into this 20th day of October, 2016, by and between Farmers and Merchants Bank of Fowblesburg, Maryland, a Maryland banking corporation (the “Bank”), and Farmers and Merchants Bancshares, Inc., a Maryland corporation (the “Holding Company”).
CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • July 20th, 2022 • Farmers & Merchants Bancshares, Inc. • Savings institutions, not federally chartered • Maryland
THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is entered into on this 18th day of July, 2022 (the “Effective Date”) by and between Farmers and Merchants Bancshares, Inc, a Maryland corporation (the “Company”), and Gary Harris, an executive officer of the Company (the “Executive”). The Company and the Executive are sometimes individually referred to herein as a “Party” and are sometimes collectively referred to herein as the “Parties”.
SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENTSupplemental Executive Retirement Agreement • February 27th, 2023 • Farmers & Merchants Bancshares, Inc. • Savings institutions, not federally chartered
This Supplemental Executive Retirement Agreement (the “Agreement”) by and between Farmers and Merchants Bank, a state-chartered commercial bank located in Upperco, Maryland (the “Employer”), and Gary A. Harris (the “Executive”), made this 8th day of August 2022, 2022, formalizes the agreements and understanding between the Employer and the Executive.
AGREEMENT AND PLAN OF MERGER By and Among FARMERS AND MERCHANTS BANCSHARES, INC., ANTHEM ACQUISITION CORP., And CARROLL BANCORP, INC. Dated as of March 6, 2020Merger Agreement • March 11th, 2020 • Farmers & Merchants Bancshares, Inc. • Savings institutions, not federally chartered • Maryland
THIS AGREEMENT AND PLAN OF MERGER (“Agreement”), dated as of March 6, 2020, is made by and among Farmers and Merchants Bancshares, Inc., a Maryland corporation (“Purchaser”), Anthem Acquisition Corp., a Maryland corporation and wholly-owned subsidiary of Purchaser (“Merger Sub”), and Carroll Bancorp, Inc., a Maryland corporation (“Carroll”).
FIRST AMENDMENTSupplemental Executive Retirement Plan • March 8th, 2017 • Farmers & Merchants Bancshares, Inc.
THIS First Amendment is entered into this 22nd day of February, 2011, by and between FARMERS & MERCHANTS BANK (the “Bank”), a state-chartered commercial bank located in Upperco, Maryland, and James R. Bosley, Jr. (the “Executive”).
