AGREEMENT UNDER THEChange in Control Severance Agreement • January 9th, 2015 • First United Corp/Md/ • National commercial banks • Maryland
THIS AGREEMENT (the “Agreement”) is entered into this 9th day of January, 2015 (the “Effective Date”) by and between First United Corporation, a Maryland corporation (“the Company”), and Keith R. Sanders, an executive officer of the Company (the “Eligible Employee”).
RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • January 9th, 2015 • First United Corp/Md/ • National commercial banks • Maryland
THIS RESTRICTED STOCK AGREEMENT (this “Agreement”), made as of January 9, 2015 (the “Grant Date”) by and between First United Corporation, a Maryland corporation (the “Company”), and Keith R. Sanders (the “Employee”), is entered into pursuant to Section 11 of the Company’s Omnibus Equity Compensation Plan, as amended from time to time (the “Plan”). All capitalized terms used but not defined herein shall have the meanings given such terms in the Plan.
FIRST UNITED CORPORATION EXECUTIVE AND DIRECTOR DEFERRED COMPENSATION PLANSerp Alternative Participation Agreement • January 9th, 2015 • First United Corp/Md/ • National commercial banks • Maryland
THIS SERP ALTERNATIVE PARTICIPATION AGREEMENT (this “SERP Alternative Participation Agreement”) is entered into this 9th day of January, 2015 (the “Execution Date”) by and between First United Corporation (“Employer”) and Keith R. Sanders, an executive officer of the Employer (the “Participant”).
SECOND AMENDMENT TO AGREEMENT UNDER THE FIRST UNITED CORPORATION CHANGE IN CONTROL SEVERANCE PLANChange in Control Severance Plan • January 9th, 2015 • First United Corp/Md/ • National commercial banks
This Second Amendment to Agreement Under the First United Corporation Change in Control Severance Plan (this “Second Amendment”) is entered into this 5th day of January, 2015 by and between First United Corporation, a Maryland corporation (“the Company”), and William B. Grant, an executive officer of the Company (the “Eligible Employee”).
