0001144204-05-002852 Sample Contracts

AGREEMENT FOR NON-QUALIFIED STOCK OPTION under the FIRST MAINER BANCORP

Non-Qualified Stock Option Agreement • January 31st, 2005 • First Mariner Bancorp • State commercial banks • Maryland

• Contract Type
  Non-Qualified Stock Option Agreement
• Filed
  January 31st, 2005
• Company
  First Mariner Bancorp
• Industry
  State commercial banks
• Jurisdiction
  Maryland

WHEREAS, the Board of Directors of the Company (the “Board”) considers it desirable and in the Company's interest that the Optionee be given an opportunity to purchase its shares of common stock, par value $.05 per share (“Shares”), pursuant to the terms and conditions of the Company's 2004 Long-Term Incentive Plan (the “Plan”), to provide an incentive for the Optionee and to promote the interests of the Company.

INCENTIVE STOCK OPTION AGREEMENT

Incentive Stock Option Agreement • January 31st, 2005 • First Mariner Bancorp • State commercial banks • Maryland

• Contract Type
  Incentive Stock Option Agreement
• Filed
  January 31st, 2005
• Company
  First Mariner Bancorp
• Industry
  State commercial banks
• Jurisdiction
  Maryland

WHEREAS, the Board of Directors of the Company (the “Board”) considers it desirable and in the Company's interest that the Optionee be given an opportunity to purchase its shares of common stock, par value $.05 per share (“Shares”), pursuant to the terms and conditions of the Company's 2004 Long-Term Incentive Plan (the “Plan”), to provide an incentive for the Optionee and to promote the interests of the Company.