June 30, 2023 James M. Burke [REDACTED] Dear James:Retention and Award Agreement • July 3rd, 2023 • Shore Bancshares Inc • National commercial banks • Maryland
This retention and award agreement (this “Agreement”) is entered into by James M. Burke (the “Executive”) and Shore Bancshares, Inc. (the “Company”) in connection with the transactions contemplated by the Agreement and Plan of Merger by and between the Company and The Community Financial Corporation ( “TCFC”), dated as of December 14, 2022 (the “Merger Agreement”), pursuant to which TCFC will be merged with and into the Company in a merger of equals transaction (the “Merger”).
SHORE BANCSHARES, INC. ASSUMPTION AND AMENDMENT OF EMPLOYMENT AGREEMENTAssumption And • July 3rd, 2023 • Shore Bancshares Inc • National commercial banks • Maryland
This Assumption and Amendment of Employment Agreement (the “Agreement”) is made as of June 30, 2023, by and between Shore Bancshares, Inc., a Maryland corporation (the “Company”) and James M. Burke (“Employee”).
