0001193125-18-181560 Sample Contracts

CHESAPEAKE BANK OF MARYLAND EMPLOYMENT AGREEMENT
Employment Agreement • June 1st, 2018 • CBM Bancorp, Inc. • Maryland

THIS AGREEMENT (the “Agreement”), made this 16th day of August, 2017 by and between CHESAPEAKE BANK OF MARYLAND, a federal savings bank (the “Bank”), and Joseph M. Solomon (“Executive”).

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CHESAPEAKE BANK OF MARYLAND
Supplemental Executive Retirement Plan • June 1st, 2018 • CBM Bancorp, Inc. • Maryland

This Supplemental Executive Retirement Plan (the “Plan”) is adopted by and between Chesapeake Bank of Maryland (the “Bank”), a banking institution organized and existing under the laws of the State of Maryland, and William Bocek (the “Executive”), this 1st day of November, 2014.

BANKS OF THE CHESAPEAKE, MHC EMPLOYMENT AGREEMENT
Employment Agreement • June 1st, 2018 • CBM Bancorp, Inc. • Maryland

THIS AGREEMENT (the “Agreement”), made this 16th day of August, 2017 by and between BANKS OF THE CHESAPEAKE, MHC (the “Company”), the mutual holding company parent corporation of Chesapeake Bank of Maryland, a federal savings bank (the “Bank”), and Joseph M. Solomon (“Executive”).

BANKS OF THE CHESAPEAKE, MHC EMPLOYMENT AGREEMENT
Employment Agreement • June 1st, 2018 • CBM Bancorp, Inc. • Maryland

THIS AGREEMENT (the “Agreement”), made this 31st day of August, 2017 by and between BANKS OF THE CHESAPEAKE, MHC (the “Company”), the mutual holding company parent corporation of Chesapeake Bank of Maryland, a federal savings bank (the “Bank”), and Jodi L. Beal (“Executive”).

CHESAPEAKE BANK OF MARYLAND EMPLOYMENT AGREEMENT
Employment Agreement • June 1st, 2018 • CBM Bancorp, Inc. • Maryland

THIS AGREEMENT (the “Agreement”), made this 31st day of August, 2017 by and between CHESAPEAKE BANK OF MARYLAND, a federal savings bank (the “Bank”), and Jodi L. Beal (“Executive”).

FELDMAN FINANCIAL ADVISORS, INC.
Valuation Agreement • June 1st, 2018 • CBM Bancorp, Inc.

This letter sets forth the agreement (-Agreement”) between Banks of the Chesapeake, MHC. (the “Company) the mutual holding company of Chesapeake Bank of Maryland, and Feldman Financial Advisors, Inc. (“FFA.”), whereby the Company has engaged FM to provide an independent appraisal of the estimated aggregate pro forma market value (the “Valuation”) of the shares of common stock that are to be issued and sold by the Company (or, if applicable, its newly formed stock holding company) in connection with the conversion (“Conversion”) of the Company from the mutual form of organization to the stock form.

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