0001193125-16-743864 Sample Contracts

FIRST AMENDMENT TO THE BANK OF THE JAMES SALARY CONTINUATION AGREEMENT
Continuation Agreement • October 21st, 2016 • Bank of the James Financial Group Inc • State commercial banks

THIS AMENDMENT (the “Amendment”) is adopted October 1st, 2016, by and between Bank of the James (the “Bank”), and J. Todd Scruggs (the “Executive”).

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FIRST AMENDMENT TO THE BANK OF THE JAMES SALARY CONTINUATION AGREEMENT
Continuation Agreement • October 21st, 2016 • Bank of the James Financial Group Inc • State commercial banks

THIS AMENDMENT (the “Amendment”) is adopted October 1st, 2016, by and between Bank of the James (the “Bank”), and Robert R. Chapman III (the “Executive”).

FIRST AMENDMENT TO THE BANK OF THE JAMES SALARY CONTINUATION AGREEMENT
Continuation Agreement • October 21st, 2016 • Bank of the James Financial Group Inc • State commercial banks

THIS AMENDMENT (the “Amendment”) is adopted October 1st, 2016, by and between Bank of the James (the “Bank”), and Harry P. Umberger (the “Executive”).

Contract
2016 Salary Continuation Agreement • October 21st, 2016 • Bank of the James Financial Group Inc • State commercial banks • Virginia

This Salary Continuation Agreement (the “Agreement”), by and between Bank of the James, located in Lynchburg, Virginia (the “Employer”), and Harry P. Umberger (the “Executive”), made this 1st day of October, 2016, formalizes the agreements and understanding between the Employer and the Executive.

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