OLD LINE BANK SALARY CONTINUATION AGREEMENTOld Line Bank Salary Continuation Agreement • January 6th, 2006 • Old Line Bancshares Inc • State commercial banks • Maryland
THIS SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 3rd day of January, 2006, by and between OLD LINE BANK, a state-chartered commercial bank located in Waldorf, Maryland (the “Bank”) and CHRISTINE RUSH (the “Executive”). The purpose of this Agreement is to provide specified benefits to the Executive, a member of a select group of management or highly compensated employees who contribute materially to the continued growth, development, and future business success of the Bank. This Agreement shall be unfunded for tax purposes and for purposes of Title I of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended from time to time.
OLD LINE BANK SALARY CONTINUATION AGREEMENTOld Line Bank Salary Continuation Agreement • January 6th, 2006 • Old Line Bancshares Inc • State commercial banks • Maryland
THIS SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 3rd day of January, 2006, by and between OLD LINE BANK, a state-chartered commercial bank located in Waldorf, Maryland (the “Bank”) and JOSEPH BURNETT (the “Executive”). The purpose of this Agreement is to provide specified benefits to the Executive, a member of a select group of management or highly compensated employees who contribute materially to the continued growth, development, and future business success of the Bank. This Agreement shall be unfunded for tax purposes and for purposes of Title I of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended from time to time.
