EXECUTIVE CONSENT TO ADDENDUMS OR AMENDMENTS TO COMPENSATION ARRANGEMENTSExecutive Consent to Addendums or Amendments to Compensation Arrangements • December 23rd, 2008 • Cecil Bancorp Inc • Savings institution, federally chartered
Cecil Bancorp, Inc. (the “Company) anticipates entering into a Securities Purchase Agreement (the “Participation Agreement”), with the United States Department of Treasury (“Treasury”) that provides for the Company’s participation in the Treasury’s TARP Capital Purchase Program (the “CPP”). If the Company does not participate or ceases at any time to participate in the CPP, this letter shall be of no further force and effect.
