0001193125-04-158012 Sample Contracts

LOAN AGREEMENT
Loan Agreement • September 17th, 2004 • BV Financial, Inc. • Maryland

THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2004, by and between the BAY-VANGUARD FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Bay-Vanguard Federal Savings Bank Employee Stock Ownership Plan (“ESOP”); and BV FINANCIAL, INC. (“Lender”), a corporation organized and existing under the laws of the United States of America.

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FORM OF THREE-YEAR CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • September 17th, 2004 • BV Financial, Inc. • Maryland

This AGREEMENT (“Agreement”) is hereby entered into as of , 2004, by and between BAY-VANGUARD FEDERAL SAVINGS BANK (the “Bank”), a federally chartered savings bank, with its principal offices at , (“Executive”), and BV FINANCIAL, INC. (the “Company”), a federally chartered corporation and the holding company of the Bank, as guarantor.

FORM OF TWO-YEAR EMPLOYMENT AGREEMENT
Employment Agreement • September 17th, 2004 • BV Financial, Inc. • Maryland

THIS AGREEMENT (the “Agreement”, made this day of , 2004, by and between BAY-VANGUARD FEDERAL SAVINGS BANK, a federally-chartered savings bank (the “Bank”), and (“Executive”).

DIRECTOR SUPPLEMENTAL RETIREMENT PLAN DIRECTOR AGREEMENT
Director Supplemental Retirement Plan • September 17th, 2004 • BV Financial, Inc. • Maryland

THIS AGREEMENT is made and entered into this day of , 2002, by and between Bay-Vanguard Federal Savings Bank, a bank organized and existing under the laws of the State of Maryland (hereinafter referred to as the “Bank”), and , a member of the Board of Directors of the Bank (hereinafter referred to as the “Director”).

FORM OF THREE-YEAR EMPLOYMENT AGREEMENT
Employment Agreement • September 17th, 2004 • BV Financial, Inc. • Maryland

THIS AGREEMENT (the “Agreement”, made this day of , 2004, by and among BV FINANCIAL, INC., a federally-chartered corporation (the “Company”) BAY-VANGUARD FEDERAL SAVINGS BANK, a federally-chartered savings bank (the “Bank”), and (“Executive”).

EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN EXECUTIVE AGREEMENT
Executive Supplemental Retirement Plan • September 17th, 2004 • BV Financial, Inc. • Maryland

THIS AGREEMENT is made and entered into this day of , 2002, by and between Bay-Vanguard Federal Savings Bank, a bank organized and existing under the laws of the State of Maryland (hereinafter referred to as the “Bank”), and , an Executive of the Bank (hereinafter referred to as the “Executive”).

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