Standard Contracts
CHESAPEAKE BANK OF MARYLAND EMPLOYMENT AGREEMENT AS AMENDED AND RESTATEDEmployment Agreement • September 22nd, 2020 • CBM Bancorp, Inc. • Savings institution, federally chartered • Maryland
THIS AGREEMENT (the “Agreement”), made as of the 30th day of September, 2020 by and between CHESAPEAKE BANK OF MARYLAND, a federal savings bank (the “Bank”), and Joseph M. Solomon (“Executive”).
FORM OF NON-QUALIFIED STOCK OPTION AWARD AGREEMENT CBM BANCORP, INC.Non-Qualified Stock Option Award Agreement • May 28th, 2020 • CBM Bancorp, Inc. • Savings institution, federally chartered • Maryland
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2019 Equity Incentive Plan (the “Plan”) of CBM BANCORP, INC. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided, or made available, to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Compensation Committee of the Board of Directors of the Company (“Committee”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” will include the parent and all present and futu
FORM OF INCENTIVE STOCK OPTION AWARD AGREEMENT CBM BANCORP, INC. INCENTIVE STOCK OPTION AWARD AGREEMENTIncentive Stock Option Award Agreement • May 28th, 2020 • CBM Bancorp, Inc. • Savings institution, federally chartered • Maryland
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2019 Equity Incentive Plan (the “Plan”) of CBM BANCORP, INC. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided, or made available, to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Compensation Committee of the Board of Directors of the Company (“Committee”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” will include the parent and all present and futu
CHESAPEAKE BANK OF MARYLANDSupplemental Executive Retirement Plan • June 1st, 2018 • CBM Bancorp, Inc. • Maryland
This Supplemental Executive Retirement Plan (the “Plan”) is adopted by and between Chesapeake Bank of Maryland (the “Bank”), a banking institution organized and existing under the laws of the State of Maryland, and William Bocek (the “Executive”), this 1st day of November, 2014.
CBM BANCORP, INC. EMPLOYMENT AGREEMENT AS AMENDED AND RESTATEDEmployment Agreement • September 22nd, 2020 • CBM Bancorp, Inc. • Savings institution, federally chartered • Maryland
THIS AGREEMENT (the “Agreement”), made as of the 30th day of September, 2020 by and between CBM BANCORP, INC. (the “Company”), the parent holding company of Chesapeake Bank of Maryland, a federal savings bank (the “Bank”), and Joseph M. Solomon (“Executive”).
Form of Restricted Stock Award Agreement CBM BANCORP, INC. RESTRICTED STOCK AWARD OFFICERS AND EMPLOYEESRestricted Stock Award Agreement • May 28th, 2020 • CBM Bancorp, Inc. • Savings institution, federally chartered • Maryland
This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the 2019 Equity Incentive Plan (the “Plan”) of CBM Bancorp, Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided or made available to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the “Participant”) hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Compensation Committee of the Board of Directors of the Company (“Committee”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the ter
CBM BANCORP, INC. EMPLOYMENT AGREEMENT AS AMENDED AND RESTATEDEmployment Agreement • September 22nd, 2020 • CBM Bancorp, Inc. • Savings institution, federally chartered • Maryland
THIS AGREEMENT (the “Agreement”), made the 30th day of September, 2020 by and between CBM BANCORP, INC. (the “Company”), the parent holding company of Chesapeake Bank of Maryland, a federal savings bank (the “Bank”), and Jodi L. Beal (“Executive”).
CHESAPEAKE BANK OF MARYLAND EMPLOYMENT AGREEMENT AS AMENDED AND RESTATEDEmployment Agreement • September 22nd, 2020 • CBM Bancorp, Inc. • Savings institution, federally chartered • Maryland
THIS AGREEMENT (the “Agreement”), made the 30th day of September, 2020 by and between CHESAPEAKE BANK OF MARYLAND, a federal savings bank (the “Bank”), and Jodi L. Beal (“Executive”).
CBM BANCORP, INC. Up to 3,680,000 Shares (subject to increase up to 4,232,000 Shares) COMMON STOCK ($0.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENT August 7, 2018Agency Agreement • August 13th, 2018 • CBM Bancorp, Inc. • Savings institution, federally chartered • New York
INDEMNIFICATION AGREEMENTIndemnification Agreement • December 26th, 2018 • CBM Bancorp, Inc. • Savings institution, federally chartered • Maryland
THIS INDEMNIFICATION AGREEMENT is entered into as of December 19, 2018 by and between CBM Bancorp, Inc., a Maryland corporation (the “Company”), and [Name of Director/Executive Officer] (“Indemnitee”).
FELDMAN FINANCIAL ADVISORS, INC.Valuation Agreement • June 1st, 2018 • CBM Bancorp, Inc.
This letter sets forth the agreement (-Agreement”) between Banks of the Chesapeake, MHC. (the “Company) the mutual holding company of Chesapeake Bank of Maryland, and Feldman Financial Advisors, Inc. (“FFA.”), whereby the Company has engaged FM to provide an independent appraisal of the estimated aggregate pro forma market value (the “Valuation”) of the shares of common stock that are to be issued and sold by the Company (or, if applicable, its newly formed stock holding company) in connection with the conversion (“Conversion”) of the Company from the mutual form of organization to the stock form.
