Exhibit 10.5



MARCO COMMUNITY BANCORP, INC.

2003 ADVISORY BOARD MEMBERS

STOCK OPTION AND LIMITED RIGHTS PLAN



|1. | PURPOSE
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The purpose of Marco Community Bancorp, Inc.s (Company) 2003 Advisory Board Members Stock Option and Limited Rights Plan
(Members Plan) is to advance the interests of the Company, its subsidiaries and its shareholders by providing the Advisory Board Members of the Companys wholly-owned subsidiaries, whose advice the Company and its subsidiaries
deems extremely important to the success of the Company, with an additional incentive to serve on Advisory Boards for the Companys subsidiaries, as well as, to attract people of experience and ability to serve as Advisory Board Members in the
future.



|2. | DEFINITIONS
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| | (a) | Advisory Board Members means the Advisory Board Members of the Company and its subsidiaries.
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| | (b) | Award means an Award of Non-Statutory Stock Options (Stock Option or Options) and/or Limited Rights granted under the provisions of the Advisory
Board Members Plan (Plan).
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| | (c) | Committee means the Board of Directors of the Company.
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| | (d) | Members Plan Year or Years means a calendar year or years commencing on or after January 1, 2004.
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| | (e) | Date of Grant means the actual date on which an Award is granted by the Committee.
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| | (f) | Common Stock means the common stock of the Company, par value, $0.01 per share.
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| | (g) | Fair Market Value means, when used in connection with the Common Stock on a certain date, the reported closing price of the Common Stock as reported by the National
Association of Securities Dealers Automated Quotation System (as published by the Wall Street Journal, if published) on the day prior to such date or if the Common Stock was not traded on such date, on the next preceding day on which the Common
Stock was traded thereon. If the Common Stock is not traded on a national market reported by the National Association of Securities Dealers Automated Quotation System, the Fair Market Value means the average of the closing bid and asked sale prices
on the previous 90 days on which a sale is
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reported in an over-the-counter transaction. In the absence of any over-the-counter transactions, the
Fair Market Value means the average price at which the stock has sold in an arms length transaction during the 90 days immediately preceding the grant date. In the absence of an arms length transaction during such 90 days, Fair Market Value means
the book value of the common stock or the adjusted original issue price of $9.00 per share, whichever is higher.



| | (h) | Limited Right means the right to receive an amount of cash based upon the terms set forth in Section 8.
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| | (i) | Termination for Cause means the termination upon an intentional failure to perform stated duties, failure to comply with the terms and conditions of the Advisory Board
Mission Statement, breach of a fiduciary duty involving personal dishonesty, which results in a loss to the Company or one of its subsidiaries or willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or
final cease-and-desist order issued to the Company or one of its subsidiaries.
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| | (j) | Participant for the Plan means an Advisory Board Member of the Companys subsidiaries chosen by the Committee to participate in the Members Plan.
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| | (k) | Change in Control of the Company means a change in control that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated
under the Securities Exchange Act of 1934, as amended (Exchange Act) or any successor disclosure item; provided that, without limitation, such a Change in Control (as set forth in 12 U.S.C. Section 1841[a] [2] of the Bank Holding Company
Act of 1956, as amended) shall be deemed to have occurred if any person (as such term is used in Sections 13[d] and 14[d] of the Exchange Act in effect on the date first written above), other than any person who on the date hereof is a director or
officer of the Company, (i) directly or indirectly, or acting through one or more other persons, owns, controls or has power to vote 25% or more of any class of the then outstanding voting securities of the Company; or (ii) controls in any manner
the election of the directors of the Company. For purposes of this Agreement, a Change in Control shall be deemed not to have occurred in connection with a reorganization, e.g. consolidation or merger of the Company where the
stockholders of the Company, immediately before the consummation of the transaction, will own at least 50% of the total combined voting power of all classes of stock entitled to vote of the surviving entity immediately after the transaction.
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| | (l) | Date of Affiliation means the date on which an Advisory Board Member was first appointed to an Advisory Board of one of the Companys subsidiaries.
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|3. | ADMINISTRATION
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The Advisory Board Members Plan shall be administered by the Board of Directors of the Company, which shall hereinafter be referred to as
Committee. The Committee is authorized, subject to the provisions of the Advisory Board Members Plan, to establish such rules and regulations as it deems necessary for the proper administration of the Advisory Board Members
Plan and to make whatever determinations and interpretations in connection with the Advisory Board Members Plan it deems as necessary or advisable. All determinations and interpretations made by the Committee shall be binding and conclusive on
all Participants in the Advisory Board Members Plan and on their legal representatives and beneficiaries.



|4. | TYPES OF AWARDS
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Awards under the Advisory Board Members Plan may be granted in any one or a combination of the following, as defined below in Sections 7 and 8 of
the Advisory Board Members Plan:



(a) Non-Statutory
Stock Options; and

(b) Limited Rights



|5. | STOCK SUBJECT TO THE MEMBERS PLAN
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Subject to adjustment as provided in Section 12, the maximum number of shares reserved for issuance under the Members Plan is 25,000 shares of
Common Stock outstanding (sometimes referred to herein as Option Shares). To the extent that Stock Options or Limited Rights granted under the Advisory Board Members Plan are exercised, the shares covered will be unavailable for
future grants under the Advisory Board Members Plan; to the extent that Options together with any related rights granted under the Advisory Board Members Plan terminate, expire or are canceled without having been exercised or, in the
case of Limited Rights exercised for cash, such Option shares shall be added back to the pool of available Option shares and new Awards may be made with respect to these shares.



|6. | ELIGIBILITY
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The Advisory Board Members of the Companys subsidiaries (Members), except for those Advisory Board Members who are also salaried
officers and/or Directors of the Company or its subsidiaries, shall be eligible to receive Non-Statutory Stock Options and/or Limited Rights under the Members Plan one year after appointment to an Advisory Board. The maximum number of
aggregate Option Shares that a Participant shall be eligible to be awarded shall be 500.



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|7. | GRANT OF NON-STATUTORY STOCK OPTIONS
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The Committee may, from time to time, grant Non-Statutory Stock Options to Members. Non-Statutory Stock Options granted under this Members Plan are
subject to the following terms and conditions:



| | (a) | Price.
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The purchase price per share of Common Stock deliverable upon the exercise of each Non-Statutory Stock Option shall not be less than the Fair Market Value
of the Common Stock on the date the option is granted or $9.00 whichever is greater. Shares may be purchased only upon full payment of the purchase price. Payment of the purchase price may be made, in whole or in part, through the surrender of
shares of the Common Stock of the Company at the Fair Market Value of such shares on the surrender date determined in the manner described in Section 2(g).



| | (b) | Terms of Options.
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The term during which each Non-Statutory Option may be exercised shall be determined by the Committee, but in no event shall a Non-Statutory Stock Option
be exercisable in whole or in part more than 6 years from the Date of Grant.



| | (c) | Vesting.
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Stock Options granted under the Plan shall vest in equal installments. The Committee shall determine the date on which each Non-Statutory Stock Option
shall become exercisable in installments of 25% per year for 4 years. Any required vesting period, but no less than 12 months, shall commence on the Participants Date of Grant. The shares comprising each installment may be purchased in whole
or in part at any time after such installment becomes exercisable. The Committee may, in its sole discretion, accelerate the time at which any Non-Statutory Stock Option may be exercised in whole or in part. Notwithstanding the above, in the event
of a Change in Control of the Company, or the death of a Member, all Non-Statutory Stock Options shall become immediately exercisable.



| | (d) | Termination of Service.
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Upon the termination of a Members service for any reason other than retirement, death or disability or Termination for Cause, as herein defined, his
or her Non-Statutory Stock Options shall be exercisable only as to those shares which were immediately purchasable by him or her at the date of termination and only for a period of 30 days following termination. In the event of retirement, such
shares shall be exercisable only for a period of 90 days following retirement. In the



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event of termination for cause, all rights under his or her Non-Statutory Stock Options shall expire upon
termination. In the event of the death or disability of a Member all Non-Statutory Stock Options held by the Member, whether or not exercisable at such time, shall be exercisable by the Member, or the Members legal representatives or
beneficiaries for 12 months following the date of his or her death or disability; provided that in no event shall the period extend beyond the expiration of the Non-Statutory Stock Option term.



|8. | GRANT OF LIMITED RIGHTS
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The Committee may grant a Limited Right simultaneously with the grant of any Option, with respect to all or some of the shares covered by such Option.
Limited Rights granted under the Members Plan are subject to the following terms and conditions:



| | (a) | Terms of Rights.
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In no event shall a Limited Right be exercisable in whole or in part before the expiration of six months from the date of grant of the Limited Right. A
Limited Right may be exercised only upon the occurrence of all of the following conditions: (i) a Change in Control of the Company; and (ii) the Fair Market Value of the underlying shares on the day of exercise is greater than the exercise price of
the related Option.



Upon exercise of a Limited Right, the
related Option shall cease to be exercisable. Upon exercise or termination of an Option, any related Limited Rights shall terminate. Upon exercise, the Limited Rights may be for no more than 100% of the difference between the exercise price and the
Fair Market Value of the Common Stock subject to the underlying option pursuant to Section 2(g) herein. The Limited Right is transferable only when the underlying option is transferable and under the same conditions.



| | (b) | Payment.
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Upon exercise of a Limited Right, the holder shall promptly receive from the Company an amount of cash equal to the difference between the Fair Market
Value on the Date of Grant of the related option and the Fair Market Value of the underlying shares on the date the Limited Right is exercised, multiplied by the number of shares with respect to which such Limited Right is being exercised.



| | (c) | Termination of Service.
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Upon the termination of a Members service for any reason other than retirement, death or disability or termination for cause, any Limited Rights
held by him or her shall be exercisable only as to those shares of the related



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option which were immediately purchasable by him or her at the date of termination and only for a period
of 30 days following termination. In the event of retirement such Limited Rights shall be exercisable only for a period of 90 days following retirement. In the event of termination for cause all Limited Rights shall expire upon termination. In the
event of termination of service for reason of death or disability, all Limited Rights held by the Member, whether or not exercisable at such time, shall be exercisable by the Member or his or her legal representatives or beneficiaries for 12\ months
following the date of his or her death or disability; provided that in no event shall the period extend beyond the expiration of the related Non-Statutory Stock Option term.



|9. | RIGHTS OF A SHAREHOLDER: NONTRANSFERABILLITY
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An optionee shall have no rights as a shareholder with respect to any shares covered by a Non-Statutory Stock Option until the date of issuance of a stock
certificate for such shares. Nothing in the Members Plan or in any Award granted confers on any person any right to continue to serve as an Advisory Board Member of the Companys subsidiaries.



No Award under the Members Plan shall be transferable by the optionee
other than by will or the laws of descent and distribution and may only be exercised during his or her lifetime by the optionee, or by a guardian or legal representative.



|10. | AGREEMENT WITH PARTICIPANTS
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Each Award of Options and/or Limited Rights will be evidenced by a written agreement, executed by the Company which describes the conditions for receiving
the Awards including the date of Award, the purchase price, applicable periods, and any other terms and conditions as may be required by the applicable securities law.



|11. | DESIGNATION OF BENEFICIARY
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A Participant may, with the consent of the Committee, designate a person or persons to receive, in the event of death, any Stock Option or Limited Rights
Award to which he or she would then be entitled. Such designation will be made upon forms supplied by and delivered to the Company and may be revoked in writing. If a Participant fails effectively to designate a beneficiary, then his or her estate
will be deemed to be the beneficiary.



|12. | DILUTION AND OTHER ADJUSTMENTS
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In the event of any change in the outstanding shares of Common Stock of the Company by reason of any stock dividend, split, recapitalization, merger,
consolidation, spin-off, reorganization, combination or exchange of shares, or other similar corporate change, the Committee will make such adjustments to previously



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granted Awards as necessary, to prevent dilution or enlargement of the rights of the Participant,
including any or all of the following:



| | (a) | adjustments in the aggregate number or kind of shares of Common Stock which may be awarded under the Members Plan;
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| | (b) | adjustments in the aggregate number or kind of shares of Common Stock covered by Awards already made under the Members Plan;
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| | (c) | adjustments in the purchase price of outstanding Non-Statutory Stock Options, or any Limited Rights attached to such Options.
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No such adjustments may, however, materially change the value of benefits
available to a Participant under a previously granted Award.



|13. | WITHHOLDING
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There will be deducted from each distribution of cash and/or Common Stock under the Members Plan the amount of tax required to be withheld by any
governmental authority, if any.



|14. | AMENDMENT OF THE MEMBERS PLAN
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The Board of Directors of the Company may at any time, and from time to time, modify or amend the Members Plan in any respect; provided however,
that if necessary to continue to qualify the Members Plan under the Securities and Exchange Commission Rule 16(b)-3, shareholder approval would be required for any such modification or amendments which:



| | (a) | increases the maximum number of shares for which Options may be granted under the Members Plan (subject, however, to the provisions of Section 12 hereof);
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| | (b) | reduces the minimum purchase price at which Awards may be granted;
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| | (c) | extends the period during which Options may be granted or exercised beyond the times originally prescribed; or
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| | (d) | changes the persons eligible to participate in the Members Plan.
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Failure to ratify or approve amendments or modifications to Subsections (a) through (d) of this Section by shareholders shall be effective only as to the
specific amendment or modification requiring such ratification. Other provisions, sections, and subsections of this Members Plan will remain in full force and effect.



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No such termination, modification or amendment may affect the rights of a Participant under an
outstanding Award.



|15. | EFFECTIVE DATE OF MEMBERS PLAN
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The Members Plan shall be adopted by the Board of Directors of the Company and shall become effective upon such date of adoption, or other date as
determined by the Board of Directors of the Company (Effective Date). Following the Effective Date of the Members Plan, the Members Plan shall be submitted to the Companys shareholders for approval. If the Members
Plan is not approved by shareholders, the Members Plan and any Awards granted thereunder shall be null and void.



|16. | TERMINATION OF MEMBERS PLAN
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The right to grant Awards under the Members Plan will terminate upon the earlier of 10 years after the Effective Date of the Members Plan or
the exercise of Options or related rights equaling the maximum number of shares reserved under the Members Plan as set forth in Section 5. The Board of Directors of the Company has the right to suspend or terminate the Members Plan for
any reason, provided that no such action will, without the consent of a Participant, adversely affect his or her rights under a previously granted Award.



|17. | APPLICABLE LAW
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The Members Plan will be administered in accordance with the laws of the State of Florida.



Adopted this  day of
, 2003 by the Board of Directors of the Company.



Bruce G. Fedor, Secretary of the
Company




Adopted on the
 day of April, 2004 by the Companys shareholders.



Richard Storm, Jr.,Chairman of the Company




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