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| Retainer and Fees for Subsidiary Board Members     | Topic 2  |
|----------------------------------------------------|----------|
| Retainer and Fees for Summit Board Members         | Topic 3  |
| Meeting Fees for Division Board Members            | Topic 4  |
| Employee-Directors                                 | Topic 5  |
| Expense Reimbursement                              | Topic 6  |
| Payment by Direct Deposit and Deferral of Payments | Topic 7  |
| Attendance                                         | Topic 8  |
| Renomination                                       | Topic 9  |
| Mandatory Retirement                               | Topic 10 |
| Benefits                                           | Topic 11 |
| Deferred Compensation Plan                         | Topic 12 |
| Stock Requirements                                 | Topic 13 |

| Asset Size of Bank          | Annual Retainer | Fee Per Meeting           |
|-----------------------------|-----------------|---------------------------|
| Up to $100 Million          | $2,000          | $125 per meeting attended |
| $101 Million - $250 Million | $3,000          | $125 per meeting attended |
| $250 Million and Over       | $5,000          | $125 per meeting attended |

| ·   | $1,100 per board meeting attended; |
|--------------------|------------------------------------|

| ·   | $150 per committee meeting attended (other than Audit Committee and Compensation and nominating Committee); |
|--------------------|-------------------------------------------------------------------------------------------------------------|

| ·   | $750 per Audit Committee meeting attended; |
|--------------------|--------------------------------------------|

| ·   | $750 per Compensation and Nominating Committee attended. |
|--------------------|----------------------------------------------------------|

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| 1.   | Members of the board of directors of Summit who were board members of Potomac Valley Bank and who were the age of 60 at the time of the Potomac Valley Bank merger into Summit may be re-nominated until the age 80, provided such board member’s service is consistent with prudent banking practices and such board member fulfills his or her fiduciary duty to Summit to Summit’s satisfaction. |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Any member of the board of directors of Summit or any of its subsidiaries who remains an active employee of Summit or any of its subsidiaries is not subject to mandatory retirement because of age. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | The mandatory retirement age of 70 shall not apply to any member of the board of directors of Summit  who at the time he or she is elected is less than 70 years of age, but who as a result of the three year term, will attain the age of 70 during the three year term.   Such member shall also be permitted to serve as a member of the board of directors of any of Summit’s subsidiaries until such time as such member’s term expires on the board of directors of Summit. |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | The division board members are not subject to mandatory retirement because of age. |
|----------------|------------------------------------------------------------------------------------|

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| (i)   | aggregate par value of $500.00;                     |
|-----------------|-----------------------------------------------------|
| (ii)       | aggregate shareholders’ equity of $500.00; or |
| (iii)           | aggregate fair market value of $500.00.             |

| (i)   | aggregate par value of $500.00;                     |
|-----------------|-----------------------------------------------------|
| (ii)       | aggregate shareholders’ equity of $500.00; or |
| (iii)           | aggregate fair market value of $500.00.             |

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