EXHIBIT 10.1 BAY NATIONAL BANK EMPLOYMENT AGREEMENT -------------------- THIS EMPLOYMENT AGREEMENT (this "Agreement") dated as of September 14, 1999, is entered by and between Bay National Bank, a national bank (the "Bank") and Hugh W. Mohler...Employment Agreement • March 29th, 2005 • Bay National Corp • National commercial banks • Maryland
EXHIBIT 10.3Terms of Employment Arrangement • March 29th, 2005 • Bay National Corp • National commercial banks
Mr. Semanie is employed on an at will basis at a rate of pay of $165,000 as of January 1, 2005. Mr. Semanie is also eligible for incentive bonuses at the discretion of the Compensation Committee of the Board of Directors, and is entitled to all benefits available to full time employees of Bay National Bank.
