0001571049-15-002508 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 2015 • MB Bancorp Inc • Savings institution, federally chartered • Maryland

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into on January 15, 2015, by and among MB BANCORP, INC., a Maryland corporation (the “Company”), and JULIA A. NEWTON (the “Executive”). For purposes of this Agreement, all references to the Bank shall mean Madison Bank of Maryland.

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MADISON BANK OF MARYLAND TWO-YEAR CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 31st, 2015 • MB Bancorp Inc • Savings institution, federally chartered • Maryland

THIS AGREEMENT is entered into as of January 15, 2015, by and between the Madison Bank of Maryland (the “Bank”), Lisa M. McGuire-Dick (the “Executive”) and MB Bancorp, Inc. (the “Company”), a Maryland corporation and the holding company of the Bank, as guarantor (the “Agreement”).

MADISON BANK OF MARYLAND EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 2015 • MB Bancorp Inc • Savings institution, federally chartered • Maryland

THIS EMPLOYMENT AGREEMENT (the “Agreement”) entered into as of January 15, 2015 by and among MADISON BANK OF MARYLAND, a federally-chartered savings bank (the “Bank”), and LAWRENCE W. WILLIAMS (the “Executive”). For purpose of this Agreement, all references to Company shall mean MB Bancorp, Inc.

MADISON BANK OF MARYLAND EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 2015 • MB Bancorp Inc • Savings institution, federally chartered • Maryland

THIS EMPLOYMENT AGREEMENT (the “Agreement”) entered into as of January 15, 2015 by and among MADISON BANK OF MARYLAND, a federally-chartered savings bank (the “Bank”), and JULIA A. NEWTON (the “Executive”). For purpose of this Agreement, all references to Company shall mean MB Bancorp, Inc.

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