0001193125-05-000445 Sample Contracts

GUARANTEE AGREEMENT by and between COLUMBIA BANCORP and WILMINGTON TRUST COMPANY Dated as of December 30, 2004
Guarantee Agreement • January 3rd, 2005 • Columbia Bancorp • State commercial banks • New York

This GUARANTEE AGREEMENT (this “Guarantee”), dated as of December 30, 2004, is executed and delivered by Columbia Bancorp, a Maryland corporation (the “Guarantor”), and Wilmington Trust Company, a Delaware banking corporation, as trustee (the “Guarantee Trustee”), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of Columbia Bancorp Statutory Trust II, a Delaware statutory trust (the “Issuer”).

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COLUMBIA BANCORP 4,000 Capital Securities Floating Rate Capital Securities (Liquidation Amount $1,000.00 per Capital Security) PLACEMENT AGREEMENT
Subscription Agreement • January 3rd, 2005 • Columbia Bancorp • State commercial banks • New York
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