Exhibit 1.2 Draft Form of Underwriting Agreement between Annapolis National Bancorp, Inc. and Charles Webb & Company, A Division of Keefe, Bruyette & Woods, Inc.*

Exhibit 1.2       Draft  Form  of  Underwriting   Agreement   between  Annapolis
                  National Bancorp,  Inc. and Xxxxxxx Xxxx & Company, A Division
                  of Xxxxx, Xxxxxxxx & Xxxxx, Inc.*