ESOP LOAN AGREEMENTEsop Loan Agreement • September 12th, 2014 • MB Bancorp Inc • Maryland
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of _________, by and between _____________________, AS THE TRUSTEES FOR THE MADISON BANK OF MARYLAND EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Madison Bank of Maryland Employee Stock Ownership Plan (“ESOP”); and MB BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of Maryland.
MB BANCORP, INC. EMPLOYMENT AGREEMENTEmployment Agreement • September 12th, 2014 • MB Bancorp Inc • Maryland
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into on _________, __, 20__, by and among MB BANCORP, INC., a Maryland corporation (the “Company”), and [_____________] (the “Executive”). For purposes of this Agreement, all references to the Bank shall mean Madison Bank of Maryland.
MADISON BANK OF MARYLAND EMPLOYMENT AGREEMENTEmployment Agreement • September 12th, 2014 • MB Bancorp Inc • Maryland
THIS EMPLOYMENT AGREEMENT (the “Agreement”) entered into as of _________, 20__, by and among MADISON BANK OF MARYLAND, a federally-chartered savings bank (the “Bank”), and [______________] (the “Executive”). For purpose of this Agreement, all references to Company shall mean MB Bancorp, Inc.
FORM OF MADISON BANK OF MARYLAND TWO-YEAR CHANGE IN CONTROL AGREEMENTChange in Control Agreement • September 12th, 2014 • MB Bancorp Inc • Maryland
THIS AGREEMENT is entered into as of _____________, 20___, by and between the Madison Bank of Maryland (the “Bank”), ________________________( the “Executive”) and MB Bancorp, Inc. (the “Company”), a Maryland corporation and the holding company of the Bank, as guarantor (the “Agreement”).
