0001104659-07-076385 Sample Contracts

THE WASHINGTON SAVINGS BANK, F.S.B. STOCK OPTION AGREEMENT
Stock Option Agreement • October 23rd, 2007 • WSB Holdings Inc • Maryland

This Stock Option Agreement is made as of «GrantDate» by and between The Washington Savings Bank, F.S.B., a federally chartered, federally insured stock savings bank (the “Company”), and «Name», an individual (the “Optionee”) who is employed by, or providing services to, the Company or one of its affiliates.

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THE WASHINGTON SAVINGS BANK, F.S.B. STOCK OPTION GRANT AGREEMENT
Stock Option Grant Agreement • October 23rd, 2007 • WSB Holdings Inc

This Grant Agreement (the “Agreement”) is entered into this day of , , to be effective (the “Grant Date”), by and between The Washington Savings Bank, F.S.B., a federally-chartered, federally-insured stock savings bank (the “Corporation”), and (“Grantee”).

EMPLOYMENT AGREEMENT
Employment Agreement • October 23rd, 2007 • WSB Holdings Inc • Maryland

This AGREEMENT is made as of this 21st day of March. 2005 by and among THE WASHINGTON SAVINGS BANK, a federally chartered stock savings bank (the “Employer”) and PHILLIP C. BOWMAN, an individual residing in Arnold, Maryland (the “Executive”).

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