EMPLOYMENT AGREEMENTEmployment Agreement • March 29th, 2019 • Delmar Bancorp • State commercial banks • Virginia
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made by and between Virginia Partners Bank (“Employer”) and J. Adam Sothen (“Executive”) and is effective as of the 1st day of December, 2018 (the “Effective Date”).
TERMINATION AGREEMENTTermination Agreement • March 29th, 2019 • Delmar Bancorp • State commercial banks • Delaware
THIS TERMINATION AGREEMENT (this “Agreement”) is made and entered into by and between The Bank of Delmarva, a Delaware chartered commercial bank (the “Bank”) and the wholly owned subsidiary of the Delmar Bancorp (the “Company” and together with the Bank, the “Employer”), and John W. Breda (“Executive”) (collectively, the “Parties”). All capitalized terms used but not otherwise defined herein shall have the same meaning as in the 2015 Employment Agreement (as defined below).
EMPLOYMENT AGREEMENTEmployment Agreement • March 29th, 2019 • Delmar Bancorp • State commercial banks • Maryland
THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of the 13th day of December , 2018, by and among Delmar Bancorp, a registered bank holding company organized under the laws of Maryland (the “Company”), Virginia Partners Bank, a Virginia chartered commercial bank (the “Bank”), and Lloyd B. Harrison, III (“Executive”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 29th, 2019 • Delmar Bancorp • State commercial banks • Maryland
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made by and between The Bank of Delmarva (“Employer”) and Betsy Eicher (“Executive”) and is effective as of this 24th day of March, 2019 (the “Effective Date”).
WARRANT AMENDMENT AND AGREEMENT FOR FULL EXERCISEWarrant Amendment and Agreement for Full Exercise • March 29th, 2019 • Delmar Bancorp • State commercial banks • Virginia
This Warrant Amendment and Agreement for Full Exercise (this “Agreement”) is dated as of December [ ], 2018, by and between Virginia Partners Bank, a Virginia state-chartered bank (the “Bank”), and Kenneth R. Lehman (the “Investor”).
