SEPARATION AGREEMENTSeparation Agreement • December 5th, 2014 • Bay Bancorp, Inc. • State commercial banks • Maryland
THIS SEPARATION AGREEMENT (this “Agreement”) is made by and among Kevin B. Cashen (“Executive”), Bay Bank, F.S.B., a federal savings bank (the “Bank”), and Bay Bancorp, Inc., a Maryland corporation and parent company of the Bank (“Bancorp” and, together with the Bank, the “Company”). Executive, the Bank and Bancorp are sometimes individually referred to herein as a “Party” and are sometimes collectively referred to herein as the “Parties”. Capitalized terms used but not defined herein shall have the meanings given such terms in the Employment Agreement (as defined below).
BAY BANCORP, INC. FIRST AMENDMENT TO STOCK OPTION AGREEMENT Granted Under the Carrollton Bancorp 2007 Equity PlanStock Option Agreement • December 5th, 2014 • Bay Bancorp, Inc. • State commercial banks • Maryland
This First Amendment to Stock Option Agreement (this “Amendment”) is made and entered into as of ___________, ___ (the “Effective Date”) by and between Bay Bancorp, Inc., f/k/a Carrollton Bancorp, a Maryland corporation (the “Company”), and Kevin B. Cashen (“Participant”).
