**EXHIBIT 10.9**

Attached hereto is the Form of First Amendment to the Community Bank Director Retirement Agreement dated March 3, 2004 for Directors Andersen, Cooke, Fairchilds, Hickok, Smith and Trimyer and the individual director' Schedule A to each such agreement.

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**FIRST AMENDMENT****TO
THE****COMMUNITY BANK****DIRECTOR RETIREMENT
AGREEMENT****DATED MARCH 3,
2004****FOR**

---



THIS AMENDMENT is adopted
this ________ day of __________________, 2005, by and between COMMUNITY BANK, a
savings association located in Staunton, Virginia (the "Company") and
____________________ (the "Director")

On March 3, 2004, the Company
and the Director executed the COMMUNITY BANK DIRECTOR RETIREMENT AGREEMENT (the
"Agreement").

The undersigned hereby
amends, in part, said Agreement for the purpose of (1) adding a Change in
Control Benefit, and (2) revising the Early Termination benefit.
Therefore,

***Article 1 of the
Agreement shall be amended by adding to it the definition of Change in Control
as follows:***

"Change in Control" means a change in the ownership or effective
control of the Company, or in the ownership of a substantial portion of the
assets of the Company, as such change is defined in Section 409A of the Code and
regulations there under.

***Article 1 of the
Agreement shall be amended by deleting the definition of Early Termination in
its entirety and replacing it by the new definition of Early Termination as
follows:***

"Early Termination" means the Termination of Service before Normal
Retirement Age for reasons other than death, Disability, Termination for Cause
or following a Change in Control.

***Section 2.2.1 of
the Agreement shall be deleted in its entirety and replaced by the new Section
2.2.1 as follows:***

| | 2.2.1 | Amount of Benefit. The annual benefit under this Section 2.2 is
      the Early Termination amount set forth on Schedule A for the Plan Year
      ending immediately prior to the Early Termination
Date.
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

***Section 2.4 shall
be added to the Agreement as follows:***

|2.4 | Change in Control Benefit. Upon Termination of Service prior to
      the Normal Retirement Age and following a Change in Control, the Company
      shall pay to the Director the benefit described in this Section 2.4 in
      lieu of any other benefit under this Article.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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|2.4.1 | Amount of Benefit. The annual benefit under this Section 2.4 is
      the sum of $10,800 plus interest compounded at 3% annually for each Plan
      Year completed prior to the date of Termination of
Service.
|----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|2.4.2 | Payment of Benefit. The Company shall pay the annual benefit to
      the Director in twelve (12) equal monthly installments commencing on the
      first day of the month following the Director's Normal Retirement Date.
      The annual benefit shall be paid to the Director for five (5)
  years.
|----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

***Schedule A to the
Agreement shall be amended in its entirety and replaced with the new Schedule A
attached to this Amendment.***

**IN WITNESS OF THE
ABOVE**, the Director and the Company have agreed to this First
Amendment.

|**DIRECTOR:**                                   | **COMPANY:COMMUNITY BANK**                                                               
|----------------------------------------------- | -----------------------------------------------------------------------------------------
|**___________________________________DIRECTOR** | **By___________________________________****Its
      __________________________________**

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**Community
Bank****Schedule A**

|**Charles F. Andersen** *Birth
      Date: 4/18/1942**Plan Anniversary Date:
      1/1/2005**Normal Retirement: 4/18/2012, Age
      70**Normal Retirement Payment: Monthly for 5
    years* |                      | **Early
      Termination**Monthly Installments Payable at Normal
      Retirement Date for 5 Years | **Disability**Monthly Installments
      Payableat Termination for 5 Years | **Change of
      Control**Monthly Installments Payableat Normal
      Retirement Datefor 5 Years | **PreRetirementDeath**MonthlyInstallments
      forYears
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------- | --------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------- | --------------------------------------------------------
|**Period****Ending**                                                                                                                                                                         | **Discount****Rate** | **Benefit****Level**(1)                                                                             | **Accrual**(2)                                                             | Vesting(3)                                                                                        | Based onAccrual(4)                                      
|*Dec 20041*                                                                                                                                                                                  | *7.00%*              | *10,800*                                                                                            | *4,189*                                                                    | *100%*                                                                                            | *1,651*                                                 
|*Dec 2005*                                                                                                                                                                                   | *7.00%*              | *11,124*                                                                                            | *8,829*                                                                    | *100%*                                                                                            | *3,245*                                                 
|*Dec 2006*                                                                                                                                                                                   | *7.00%*              | *11,458*                                                                                            | *13,988*                                                                   | *100%*                                                                                            | *4,795*                                                 
|*Dec 2007*                                                                                                                                                                                   | *7.00%*              | *11,801*                                                                                            | *19,753*                                                                   | *100%*                                                                                            | *6,315*                                                 
|*Dec 2008*                                                                                                                                                                                   | *7.00%*              | *12,155*                                                                                            | *26,242*                                                                   | *100%*                                                                                            | *7,823*                                                 
|*Dec 2009*                                                                                                                                                                                   | *7.00%*              | *12,520*                                                                                            | *33,626*                                                                   | *100%*                                                                                            | *9,349*                                                 
|*Dec 2010*                                                                                                                                                                                   | *7.00%*              | *12,896*                                                                                            | *42,194*                                                                   | *100%*                                                                                            | *10,940*                                                
|*Dec 2011*                                                                                                                                                                                   | *7.00%*              | *13,283*                                                                                            | *52,595*                                                                   | *100%*                                                                                            | *12,717*                                                
|*Apr 2012*                                                                                                                                                                                   | *7.00%*              | *13,681*                                                                                            | *57,913*                                                                   | *100%*                                                                                            | *13,681*                                                
|**                                                                                                                                                                                          

**1** The first line reflects 12
months of data, January 2004 to December 2004.**2** Benefit amount based on a $10,800
beginning benefit, inflating at 3.00% each year to $13,681 at
retirement.***** IF THERE IS A
CONFLICT IN ANY TERMS OR PROVISIONS BETWEEN THIS SCHEDULE A AND THE AGREEMENT,
THE TERMS AND PROVISIONS OF THE   AGREEMENT SHALL PREVAIL. IF A
TRIGGERING EVENT OCCURS, REFER TO THE AGREEMENT TO DETERMINE THE ACTUAL BENEFIT
AMOUNT  BASED ON THE DATE OF THE EVENT.

|Director Retirement Plan
      for Community Bank - Staunton, VA1002525
      v0.35.10 06/07/2005:16 SCP-D 13039136471 |  | **Charles
      F. Andersen**
|---------------------------------------------------------------------------------------------------------------------- |  | -----------------------------

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**Community
Bank****Schedule A**

|**James R. Cooke, Jr.** *Birth
      Date: 12/31/1937**Plan Anniversary Date:
      1/1/2005**Normal Retirement: 12/3/2007, Age
      70**Normal Retirement Payment: Monthly for 5
    years* |                      | **Early
      Termination**Monthly Installments Payable at Normal
      Retirement Date for 5 Years | **Disability**Monthly Installments
      Payableat Termination for 5 Years | **Change of
      Control**Monthly Installments Payableat Normal
      Retirement Datefor 5 Years | **PreRetirementDeath**MonthlyInstallments
      forYears
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------- | --------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------- | --------------------------------------------------------
|**Period****Ending**                                                                                                                                                                          | **Discount****Rate** | **Benefit****Level**(1)                                                                             | **Accrual**(2)                                                             | Vesting(3)                                                                                        | Based onAccrual(4)                                      
|*Dec 20041*                                                                                                                                                                                   | *7.00%*              | *10,800*                                                                                            | *10,262*                                                                   | *100%*                                                                                            | *2,989*                                                 
|*Dec 2005*                                                                                                                                                                                    | *7.00%*              | *11,124*                                                                                            | *21,691*                                                                   | *100%*                                                                                            | *5,892*                                                 
|*Dec 2006*                                                                                                                                                                                    | *7.00%*              | *11,458*                                                                                            | *34,629*                                                                   | *100%*                                                                                            | *8,772*                                                 
|*Dec 2007*                                                                                                                                                                                    | *7.00%*              | *11,801*                                                                                            | *49,956*                                                                   | *100%*                                                                                            | *11,801*                                                
|**                                                                                                                                                                                           

**1** The first line reflects 12
months of data, January 2004 to December 2004.**2** Benefit amount based on a $10,800
beginning benefit, inflating at 3.00% each year to $11,801 at
retirement.***** IF THERE IS A
CONFLICT IN ANY TERMS OR PROVISIONS BETWEEN THIS SCHEDULE A AND THE AGREEMENT,
THE TERMS AND PROVISIONS OF THE   AGREEMENT SHALL PREVAIL. IF A
TRIGGERING EVENT OCCURS, REFER TO THE AGREEMENT TO DETERMINE THE ACTUAL BENEFIT
AMOUNT  BASED ON THE DATE OF THE EVENT.

|Director Retirement Plan
      for Community Bank - Staunton, VA1002525
      v0.35.10 06/07/2005:16 SCP-D 13039136472 |  | **James
      R. Cooke, Jr.**
|---------------------------------------------------------------------------------------------------------------------- |  | -----------------------------

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**Community
Bank****Schedule A**

|**Charles W. Fairchilds**
      *Birth Date: 3/18/1948**Plan Anniversary Date:
      1/1/2005**Normal Retirement: 3/18/2018, Age
      70**Normal Retirement Payment: Monthly for 5
    years* |                      | **Early
      Termination**Monthly Installments Payable at Normal
      Retirement Date for 5 Years | **Disability**Monthly Installments
      Payableat Termination for 5 Years | **Change of
      Control**Monthly Installments Payableat Normal
      Retirement Datefor 5 Years | **PreRetirementDeath**MonthlyInstallments
      forYears
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------- | --------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------- | --------------------------------------------------------
|**Period****Ending**                                                                                                                                                                           | **Discount****Rate** | **Benefit****Level**(1)                                                                             | **Accrual**(2)                                                             | Vesting(3)                                                                                        | Based onAccrual(4)                                      
|*Dec 20041*                                                                                                                                                                                    | *7.00%*              | *10,800*                                                                                            | *1,940*                                                                    | *100%*                                                                                            | *1,155*                                                 
|*Dec 2005*                                                                                                                                                                                     | *7.00%*              | *11,124*                                                                                            | *4,085*                                                                    | *100%*                                                                                            | *2,269*                                                 
|*Dec 2006*                                                                                                                                                                                     | *7.00%*              | *11,458*                                                                                            | *6,461*                                                                    | *100%*                                                                                            | *3,347*                                                 
|*Dec 2007*                                                                                                                                                                                     | *7.00%*              | *11,801*                                                                                            | *9,097*                                                                    | *100%*                                                                                            | *4,395*                                                 
|*Dec 2008*                                                                                                                                                                                     | *7.00%*              | *12,155*                                                                                            | *12,027*                                                                   | *100%*                                                                                            | *5,419*                                                 
|*Dec 2009*                                                                                                                                                                                     | *7.00%*              | *12,520*                                                                                            | *15,292*                                                                   | *100%*                                                                                            | *6,425*                                                 
|*Dec 2010*                                                                                                                                                                                     | *7.00%*              | *12,896*                                                                                            | *18,941*                                                                   | *100%*                                                                                            | *7,422*                                                 
|*Dec 2011*                                                                                                                                                                                     | *7.00%*              | *13,283*                                                                                            | *23,033*                                                                   | *100%*                                                                                            | *8,417*                                                 
|*Dec 2012*                                                                                                                                                                                     | *7.00%*              | *13,681*                                                                                            | *27,643*                                                                   | *100%*                                                                                            | *9,421*                                                 
|*Dec 2013*                                                                                                                                                                                     | *7.00%*              | *14,092*                                                                                            | *32,871*                                                                   | *100%*                                                                                            | *10,447*                                                
|*Dec 2014*                                                                                                                                                                                     | *7.00%*              | *14,514*                                                                                            | *38,852*                                                                   | *100%*                                                                                            | *11,515*                                                
|*Dec 2015*                                                                                                                                                                                     | *7.00%*              | *14,950*                                                                                            | *45,788*                                                                   | *100%*                                                                                            | *12,656*                                                
|*Dec 2016*                                                                                                                                                                                     | *7.00%*              | *15,398*                                                                                            | *54,033*                                                                   | *100%*                                                                                            | *13,928*                                                
|*Dec 2017*                                                                                                                                                                                     | *7.00%*              | *15,860*                                                                                            | *64,424*                                                                   | *100%*                                                                                            | *15,487*                                                
|*Mar 2018*                                                                                                                                                                                     | *7.00%*              | *16,336*                                                                                            | *69,151*                                                                   | *100%*                                                                                            | *16,336*                                                
|**                                                                                                                                                                                            

**1** The first line reflects 12
months of data, January 2004 to December 2004.**2** Benefit amount based on a $10,800
beginning benefit, inflating at 3.00% each year to $16,336 at
retirement.***** IF THERE IS A
CONFLICT IN ANY TERMS OR PROVISIONS BETWEEN THIS SCHEDULE A AND THE AGREEMENT,
THE TERMS AND PROVISIONS OF THE   AGREEMENT SHALL PREVAIL. IF A
TRIGGERING EVENT OCCURS, REFER TO THE AGREEMENT TO DETERMINE THE ACTUAL BENEFIT
AMOUNT  BASED ON THE DATE OF THE EVENT.

|Director Retirement Plan
      for Community Bank - Staunton, VA1002525
      v0.35.10 06/07/2005:16 SCP-D 13039136465 |  | **Charles
      W. Fairchilds**
|---------------------------------------------------------------------------------------------------------------------- |  | -------------------------------

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**Community
Bank****Schedule A**

|**Jane C. Hickok** *Birth
      Date: 10/17/1936**Plan Anniversary Date:
      1/1/2005**Normal Retirement: 10/17/2006, Age
      70**Normal Retirement Payment: Monthly for 5
    years* |                      | **Early
      Termination**Monthly Installments Payable at Normal
      Retirement Date for 5 Years | **Disability**Monthly Installments
      Payableat Termination for 5 Years | **Change of
      Control**Monthly Installments Payableat Normal
      Retirement Datefor 5 Years | **PreRetirementDeath**MonthlyInstallments
      forYears
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------- | --------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------- | --------------------------------------------------------
|**Period****Ending**                                                                                                                                                                      | **Discount****Rate** | **Benefit****Level**(1)                                                                             | **Accrual**(2)                                                             | Vesting(3)                                                                                        | Based onAccrual(4)                                      
|*Dec 20041*                                                                                                                                                                               | *7.00%*              | *10,800*                                                                                            | *15,114*                                                                   | *100%*                                                                                            | *4,058*                                                 
|*Dec 2005*                                                                                                                                                                                | *7.00%*              | *11,124*                                                                                            | *32,046*                                                                   | *100%*                                                                                            | *8,024*                                                 
|*Oct 2006*                                                                                                                                                                                | *7.00%*              | *11,458*                                                                                            | *48,501*                                                                   | *100%*                                                                                            | *11,458*                                                
|**                                                                                                                                                                                       

**1** The first line reflects 12
months of data, January 2004 to December 2004.**2** Benefit amount based on a $10,800
beginning benefit, inflating at 3.00% each year to $11,458 at
retirement.***** IF THERE IS A
CONFLICT IN ANY TERMS OR PROVISIONS BETWEEN THIS SCHEDULE A AND THE AGREEMENT,
THE TERMS AND PROVISIONS OF THE   AGREEMENT SHALL PREVAIL. IF A
TRIGGERING EVENT OCCURS, REFER TO THE AGREEMENT TO DETERMINE THE ACTUAL BENEFIT
AMOUNT  BASED ON THE DATE OF THE EVENT.

|Director Retirement Plan
      for Community Bank - Staunton, VA1002525
      v0.35.10 06/07/2005:16 SCP-D 13039136475 |  | **Jane
      C. Hickok**
|---------------------------------------------------------------------------------------------------------------------- |  | ------------------------

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**Community
Bank****Schedule A**

|**Dale C. Smith** *Birth Date:
      1/13/1939**Plan Anniversary Date: 1/1/2005**Normal
      Retirement: 1/13/2009, Age 70**Normal Retirement Payment:
      Monthly for 5 years* |                      | **Early
      Termination**Monthly Installments Payable at Normal
      Retirement Date for 5 Years | **Disability**Monthly Installments
      Payableat Termination for 5 Years | **Change of
      Control**Monthly Installments Payableat Normal
      Retirement Datefor 5 Years | **PreRetirementDeath**MonthlyInstallments
      forYears
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------- | --------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------- | --------------------------------------------------------
|**Period****Ending**                                                                                                                                                               | **Discount****Rate** | **Benefit****Level**(1)                                                                             | **Accrual**(2)                                                             | Vesting(3)                                                                                        | Based onAccrual(4)                                      
|*Dec 20041*                                                                                                                                                                        | *7.00%*              | *10,800*                                                                                            | *7,760*                                                                    | *100%*                                                                                            | *2,438*                                                 
|*Dec 2005*                                                                                                                                                                         | *7.00%*              | *11,124*                                                                                            | *16,381*                                                                   | *100%*                                                                                            | *4,799*                                                 
|*Dec 2006*                                                                                                                                                                         | *7.00%*              | *11,458*                                                                                            | *26,051*                                                                   | *100%*                                                                                            | *7,117*                                                 
|*Dec 2007*                                                                                                                                                                         | *7.00%*              | *11,801*                                                                                            | *37,092*                                                                   | *100%*                                                                                            | *9,451*                                                 
|*Dec 2008*                                                                                                                                                                         | *7.00%*              | *12,155*                                                                                            | *50,311*                                                                   | *100%*                                                                                            | *11,955*                                                
|*Jan 2009*                                                                                                                                                                         | *7.00%*              | *12,520*                                                                                            | *52,998*                                                                   | *100%*                                                                                            | *12,520*                                                
|**                                                                                                                                                                                

**1** The first line reflects 12
months of data, January 2004 to December 2004.**2** Benefit amount based on a $10,800
beginning benefit, inflating at 3.00% each year to $12,520 at
retirement.***** IF THERE IS A
CONFLICT IN ANY TERMS OR PROVISIONS BETWEEN THIS SCHEDULE A AND THE AGREEMENT,
THE TERMS AND PROVISIONS OF THE   AGREEMENT SHALL PREVAIL. IF A
TRIGGERING EVENT OCCURS, REFER TO THE AGREEMENT TO DETERMINE THE ACTUAL BENEFIT
AMOUNT  BASED ON THE DATE OF THE EVENT.

|Director Retirement Plan
      for Community Bank - Staunton, VA1002525
      v0.35.10 06/07/2005:16 SCP-D 13039136466 |  | **Dale
      C. Smith**
|---------------------------------------------------------------------------------------------------------------------- |  | -----------------------

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**Community
Bank****Schedule A**

|**Morgan N. Trimyer, Jr.**
      *Birth Date: 1/27/1943**Plan Anniversary Date:
      1/1/2005**Normal Retirement: 1/27/2013, Age
      70**Normal Retirement Payment: Monthly for 5
    years* |                      | **Early
      Termination**Monthly Installments Payable at Normal
      Retirement Date for 5 Years | **Disability**Monthly Installments
      Payableat Termination for 5 Years | **Change of
      Control**Monthly Installments Payableat Normal
      Retirement Datefor 5 Years | **PreRetirementDeath**MonthlyInstallments
      forYears
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------- | --------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------- | --------------------------------------------------------
|**Period****Ending**                                                                                                                                                                            | **Discount****Rate** | **Benefit****Level**(1)                                                                             | **Accrual**(2)                                                             | Vesting(3)                                                                                        | Based onAccrual(4)                                      
|*Dec 20041*                                                                                                                                                                                     | *7.00%*              | *10,800*                                                                                            | *3,734*                                                                    | *100%*                                                                                            | *1,551*                                                 
|*Dec 2005*                                                                                                                                                                                      | *7.00%*              | *11,124*                                                                                            | *7,868*                                                                    | *100%*                                                                                            | *3,048*                                                 
|*Dec 2006*                                                                                                                                                                                      | *7.00%*              | *11,458*                                                                                            | *12,462*                                                                   | *100%*                                                                                            | *4,501*                                                 
|*Dec 2007*                                                                                                                                                                                      | *7.00%*              | *11,801*                                                                                            | *17,586*                                                                   | *100%*                                                                                            | *5,924*                                                 
|*Dec 2008*                                                                                                                                                                                      | *7.00%*              | *12,155*                                                                                            | *23,335*                                                                   | *100%*                                                                                            | *7,330*                                                 
|*Dec 2009*                                                                                                                                                                                      | *7.00%*              | *12,520*                                                                                            | *29,837*                                                                   | *100%*                                                                                            | *8,741*                                                 
|*Dec 2010*                                                                                                                                                                                      | *7.00%*              | *12,896*                                                                                            | *37,289*                                                                   | *100%*                                                                                            | *10,188*                                                
|*Dec 2011*                                                                                                                                                                                      | *7.00%*              | *13,283*                                                                                            | *46,036*                                                                   | *100%*                                                                                            | *11,729*                                                
|*Dec 2012*                                                                                                                                                                                      | *7.00%*              | *13,681*                                                                                            | *56,967*                                                                   | *100%*                                                                                            | *13,536*                                                
|*Jan 2013*                                                                                                                                                                                      | *7.00%*              | *14,092*                                                                                            | *59,650*                                                                   | *100%*                                                                                            | *14,092*                                                
|**                                                                                                                                                                                             

**1** The first line reflects 12
months of data, January 2004 to December 2004.**2** Benefit amount based on a $10,800
beginning benefit, inflating at 3.00% each year to $14,092 at
retirement.***** IF THERE IS A
CONFLICT IN ANY TERMS OR PROVISIONS BETWEEN THIS SCHEDULE A AND THE AGREEMENT,
THE TERMS AND PROVISIONS OF THE   AGREEMENT SHALL PREVAIL. IF A
TRIGGERING EVENT OCCURS, REFER TO THE AGREEMENT TO DETERMINE THE ACTUAL BENEFIT
AMOUNT  BASED ON THE DATE OF THE EVENT.

|Director Retirement Plan
      for Community Bank - Staunton, VA1002525
      v0.35.10 06/07/2005:16 SCP-D 13039136470 |  | **Morgan
      N. Trimyer, Jr.**
|---------------------------------------------------------------------------------------------------------------------- |  | --------------------------------

END