0001437749-15-009655 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 11th, 2015 • Eagle Bancorp Inc • State commercial banks • Maryland

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of the 15th day of December, 2014, by and between EagleBank, a Maryland chartered commercial bank (the “Bank”), and Lindsey Rheaume (“Executive”).

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EAGLEBANK NON-COMPETE AGREEMENT
Eaglebank Non-Compete Agreement • May 11th, 2015 • Eagle Bancorp Inc • State commercial banks • Maryland

THIS NON-COMPETE AGREEMENT (“Agreement”) is made and entered into as of December 15, 2014, by and between EagleBank, a Maryland chartered commercial bank (the “Bank”), and Lindsey Rheaume (“Executive”).

Re: Employment Agreement between EagleBank and Charles C. Brockett dated as of November 1, 2014 ( the “Employment Agreement”)
Eagle Bancorp Inc • May 11th, 2015 • State commercial banks

Reference is made to the Employment Agreement and to your Change in Control Agreement, dated April 17, 2014, between Virginia Heritage Bank (“VHB”) and (“Change in Control Agreement”). In the event you resign as an officer and employee of EagleBank for “Good Reason” on or before October 31, 2016, then EagleBank shall pay you in addition to all other sums due, or that become due, under the Employment Agreement an amount equal to the difference between the payment that accrued under the Change in Control Agreement, $518,386, and the sum of (a) $194, 342.00, and (b) any restricted stock actually vested at the time of separation of employment, such cash payment and restricted stock award having been made in furtherance of that Offer Letter dated September 15, 2014, from EagleBank and accepted by you on September 19, 2014. Such payment will be made within 30 days of the date of separation of employment.

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