CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • July 20th, 2022 • Farmers & Merchants Bancshares, Inc. • Savings institutions, not federally chartered • Maryland
THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is entered into on this 18th day of July, 2022 (the “Effective Date”) by and between Farmers and Merchants Bancshares, Inc, a Maryland corporation (the “Company”), and Gary Harris, an executive officer of the Company (the “Executive”). The Company and the Executive are sometimes individually referred to herein as a “Party” and are sometimes collectively referred to herein as the “Parties”.
