0001144204-09-014076 Sample Contracts

FORM OF Amendment Directors’ Fee Deferral Agreement
Deferral Agreement • March 16th, 2009 • Sandy Spring Bancorp Inc • National commercial banks

This Amendment to the Directors’ Fee Deferral Agreement is entered into as of [date], by and between Sandy Spring Bank (referred to as the “Bank”), and [name] (the “Director”).

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FORM OF Amendment to the Employment Agreement (409A)
Employment Agreement • March 16th, 2009 • Sandy Spring Bancorp Inc • National commercial banks

This Amendment to the Employment Agreement is entered into as of [date], by and between Sandy Spring Bancorp, Inc., Sandy Spring Bank (collective referred to as the “Employers”), and [name] (the “Officer”).

EMPLOYMENT AGREEMENT
Employment Agreement • March 16th, 2009 • Sandy Spring Bancorp Inc • National commercial banks • Maryland

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made, entered into and effective as of January 1, 2009 (“Effective Date”) by, between and among SANDY SPRING BANCORP, INC., a Maryland corporation and registered bank holding company (“Bancorp”), SANDY SPRING BANK, a Maryland corporation and registered trust company and commercial bank and a wholly-owned subsidiary of Bancorp (“Bank”), and DANIEL J. SCHRIDER, (“Executive”). Bancorp and the Bank are sometimes referred to in this Agreement individually and together as the “Employers.”

FORM OF Amendment to the Employment Agreement (TARP)
Employment Agreement • March 16th, 2009 • Sandy Spring Bancorp Inc • National commercial banks

This Amendment to the Employment Agreement is entered into as of [date], by and between Sandy Spring Bancorp, Inc., Sandy Spring Bank (collective referred to as the “Employers” or individually as the “Bancorp” and “Bank,” respectively), and [name] (the “Officer”).

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