Document:

Exhibit 10.9

 Exhibit 10.9 
 AMENDED AND RESTATED 
 CHANGE-OF-CONTROL SEVERANCE AGREEMENT 
 THIS CHANGE-OF-CONTROL SEVERANCE AGREEMENT (the “Agreement”) originally entered into on October 23, 2002 is hereby amended and
restated in its entirety effective _____________, 2007 (the “Effective Date”) by and between Baltimore County Savings Bank, F.S.B. (the “Bank”), BCSB Bancorp, Inc. (the “Company”) and
[            ] (the “Executive”). 
 WHEREAS, the Executive has
heretofore been employed by the Bank as an executive officer, and desires to continue to be so employed; and the Bank desires the continuation of such employment by the Executive; and 
 WHEREAS, the Bank deems it to be in its best interest to provide the Executive with security in the event of a Change of Control (as defined herein), and
thereby to facilitate his retention and insure an orderly transition following a Change of Control: and 
 WHEREAS, the parties desire by the
Agreement to set forth their understanding as to their respective rights and obligations in the event the Executive’s employment terminates or is changed under the circumstances set forth herein, 
 NOW, THEREFORE, it is AGREED as follows: 
 1. Definitions. For purposes of this Agreement, the following terms have the meaning set forth below: 
 (a) “Change in
Duties” shall mean any one or more of the following: 
 (i) a significant adverse change in the status, title,
position(s), responsibilities, or scope of the Executive’s authorities or duties from those applicable to him immediately prior to the date on which a Change of Control occurs; 
 (ii) assignment to the Executive of any duties or responsibilities which are inconsistent with the Executive’s status, title, or
position(s) as in effect immediately prior to the date on which a Change of Control occurs; 
 (iii) a material reduction in
the Executive’s base salary and benefits from that provided to him immediately prior to the date on which a Change of Control occurs: 
 (iv) a diminution in the Executive’s eligibility to participate in bonus, incentive award, and other compensation plans which provide opportunities to receive compensation from the opportunities under any such
plans in which the Executive was participating immediately prior to the date on which a Change of Control occurs; 

 (v) a change in the location of the Executive’s principal place of employment by the
Bank or its subsidiaries and affiliates by more than 30 miles from the location where he was principally employed immediately prior to the date on which a Change of Control occurs; or 
 (vi) a reasonable determination by the Board of Directors of the Bank that, as a result of a Change of Control and change in circumstances
thereafter significantly affecting the Executive’s position, the Executive is unable to exercise the authorities, powers, functions or duties attached to his position immediately prior to the date on which a Change of Control occurs.

 (b) A “Change of Control” shall be deemed to have occurred if: 
 (i) the acquisition of ownership, holding or power to vote more than 25% of the Bank’s or the Company’s voting stock;

 (ii) the acquisition of the ability to control the election of a majority of the Bank’s or the Company’s
directors; 
 (iii) the acquisition of a controlling influence over the management or policies of the Bank or the Company by
any person or by persons acting as a “group” (within the meaning of Section 13(d) of the Securities Exchange Act of 1934); or 
 (iv) during any period of two consecutive years, individuals (the “Continuing Directors”) who at the beginning of such period constitute the Board of Directors of the Bank or the Company (the “Existing
Board”) cease for any reason to constitute at least two-thirds thereof, provided that any individual whose election or nomination for election as a member of the Existing Board was approved by a vote of a majority of the Continuing Directors
then in office shall be considered a Continuing Director. 
 (c) “Company” shall mean BCSB Bankcorp, Inc. or any holding company
that becomes sole owner of the Bank. 
 (d) “Covered Period” shall mean a period equal to twelve (12) months after the
occurrence of a Change of Control. 
 (e) “Involuntary Termination” shall mean (i) any involuntary termination, or (ii) a
resignation by the Executive within thirty (30) days following any Change in Duties; provided, however, that an Involuntary Termination shall not include either a Termination for Cause, or any termination as a result of death, disability, or
normal retirement on or after attainment of age sixty-five (65) pursuant to a retirement plan in which the Executive was participating prior to any Change of Control. 
  

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 (f) “Termination for Cause” shall include termination because of the officer or
employee’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule, or regulation (other than traffic violations
or similar offenses) or final cease and desist order, or material breach of any provision of this Agreement or any other Agreement between Executive and the Bank. 
 (g) The term “Bank” refers to the Bank and/or any succession in interest or any assignees or transferees thereof. 
 2. Term. This Agreement shall remain in effect for the period commencing on the Effective
Date and ending on the earlier of (i) the date thirty-six (36) months after the Effective Date, and (ii) the date on which the Executive voluntarily terminates employment with the Bank. Additionally, on each annual anniversary date
from the Effective Date. the term of this Agreement may be extended for an additional one (1) year period beyond the then effective expiration date provided the Board of Directors of the Bank determines in a duly adopted resolution that the
performance of the Executive has met the Board’s requirements and standards, that it is in the Bank’s best interests to extend this Agreement, and that this Agreement shall be extended. 
 3. Severance Payment on Change of Control . If there is a Change of Control and if within the Covered Period as defined herein (i) a
Change in Duties as defined herein occurs, or (ii) an Involuntary Termination as defined herein occurs, or (iii) the Executive voluntarily terminates employment for any reason within the 30-day period beginning on the date of a Change of
Control, then in that event the Executive shall 
 (a) be paid an amount equal to 2.99 times the annualized cash compensation being paid to
the Executive in the immediately preceding twelve (12) month period (excluding board fees and bonuses), and 
 (b) receive at the
Executive’s sole and exclusive election either (i) cash in an amount equal to the cost to the Executive of obtaining all health, life, disability and other benefits which the Executive would have been eligible to participate in through the
second annual anniversary date of his termination of employment, based upon the benefit levels substantially equal to those that the Bank provided for the Executive at the date of the Change of Control, or (ii) continued participation in such
Bank benefit plans through the second annual anniversary date of his termination of employment, but only to the extent the Executive continues to qualify for participation therein. 
  

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 4. Timing of Severance Payment. Any cash payable to the Executive under Sections 3(a) and 3(b) of this
Agreement shall be payable in a lump sum within 10 calendar days after the Executive’s termination of employment, provided, however, if, at the time of the Executive’s termination of employment, the Executive is a “specified
employee” (as defined in Section 409A of the Internal Revenue Code of 1986) and the payment under Sections 3(a) and 3(b) is subject to Section 409A of the Internal Revenue Code of 1986, then such payment shall not be made until six
months and one day following the date of the Executive terminates employment, except as may otherwise be permitted under Section 409A of the Internal Revenue Code of 1986.” 
 5. Amendment and Termination. 
 (a)
Before a Change of Control. The Bank’s Board of Directors may, in its sole discretion, amend this Agreement without the consent of the Executive at any time prior to a Change of Control; provided, however, no amendment may be made by the Bank
if it operates to reduce the Executive’s rights hereunder, 
 (b) After a Change of Control. This Agreement may not be terminated or
amended by the Bank or its successor following a Change of Control, unless the Executive consents in writing to be bound thereby. 
 (c)
Termination or Suspension Under Federal Law. Notwithstanding any other provision of this Agreement to the contrary – 
  

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 (i) In no event shall the aggregate payments or benefits to be made or afforded to the
Executive under Section 3 of this Agreement (the “Termination Benefits”) constitute an “excess parachute payment” under Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), or any
successor thereto, and to avoid such a result, Termination Benefits will be reduced, if necessary, to an amount which is one dollar ($1.00) less than three (3) times the Executive’s “base amount,” as determined in accordance with
said Section 280G of the Internal Revenue Code of 1986. The Executive shall determine the allocation of the required reduction among the Termination Benefits provided in Section 3 of this Agreement. 
 (ii) The Executive shall have no right to receive compensation or other benefits for any period after Termination for Cause. 

(iii) If the Executive is removed and/or permanently prohibited from participating in the conduct of the Bank’s affairs by an
order issued under Sections 8(e)(4) or 8(g)(1) of the Federal Deposit Insurance Act (“FDIA”) (12 U.S.C. 1818(e)(4) or (g)(1)), all obligations of the Bank under this Agreement shall terminate, as of the effective date of the order, but any
vested rights of the parties shall not be affected. 
 (iv) If the Bank is in default (as defined in Section 3(x)(1) of
FDIA). all obligations under this Agreement shall terminate as of the date of default: however, this paragraph shall not affect any vested rights of the parties. 
 (v) All obligations under this Agreement shall terminate, except to the extent that continuation of this Agreement is necessary for the
continued operation of the Bank: (i) by the Director of OTS, or his or her designee, at the time that the Federal Deposit Insurance Corporation or the Resolution Trust Corporation enters into an agreement to provide assistance to or on behalf
of the Bank under the authority contained in Section 13(c) of FDIA; or (ii) by the Director of OTS, or his or her designee, at the time that the Director of OTS, or his or her designee, approves a supervisory merger to resolve problems
related to operation of the Bank or when the Bank is determined by the Director of OTS to be in an unsafe or unsound condition. Such action shall not affect any vested rights of the parties. 
 (vi) If a notice served under Section 8(e)(3) or (g)(1) of the FDIA (12 U.S.C. 1818(e)(3) and (g)(1)) suspends and/or temporarily
prohibits the Executive from participating in the conduct of the Bank’s affairs, the Bank’s obligations under this Agreement shall be suspended as of the date of such service, unless stayed by appropriate proceedings. If the charges in the
notice are dismissed, the Bank shall: (a) pay the Executive any compensation which was withheld while its contract obligations were suspended; and (b) reinstate any of its remaining obligations, which were suspended and which are still due
to the Executive from the Bank even after the Bank makes the payment to the Executive set forth in subparagraph (a) of this paragraph (c)(vi). 
 (vii) Any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with: (a) 12 U.S.C. Section 1828(k) and any regulations promulgated
thereunder, and (b) Office of Thrift Supervision Regulatory Bulletin 27(b). 
  

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 6. Administration. Full power and discretionary authority to construe, interpret and administer
this Agreement shall be vested in the Board of Directors of the Bank. Decisions of the Board of Directors of the Bank shall be presumptively final, conclusive and binding on all parties, but shall be subject to paragraph 6 of this Agreement.

 7. Attorney Fees. In the event that any dispute arises between the Executive and the Bank as to the terms or interpretation of this
Agreement, whether instituted by formal legal proceedings or otherwise, including any action that the Executive takes to enforce the terms of this Agreement or to defend against any action taken by the Bank, the Executive shall be reimbursed for all
costs and expenses, including reasonable attorney’s fees, arising from such dispute, proceedings or actions, provided that the Executive shall obtain a final judgment or settlement substantially in his favor in a court of competent jurisdiction
or in binding arbitration under the rules of the American Arbitration Board. Such reimbursement shall be paid within ten (10) days of the Executive’s furnishing to the Bank written evidence, which may be in the form, among other things, of
a canceled check or receipt, of any costs or expenses incurred by the Executive. 
 8. No Assignment . The Executive’s right to
receive payments or benefits under this Agreement shall not be assignable or transferable whether by pledge, creation of a security interest or otherwise, other than a transfer by will or by the laws of descent or distribution as to compensation due
hereunder to the Executive by the Bank prior to the Executive’s death. In the event of any attempted assignment or transfer contrary to this paragraph 8, the Bank shall have no liability to pay any amount so attempted to be assigned or
transferred. This Agreement shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees, if, and only if, compensation
is due hereunder to the Executive by the Bank prior to the Executive’s death. 
 9. Successors. This Agreement shall be binding
upon and inure to the benefit of the Bank, its successor and assigns (including, without limitation, any company into or with which the Bank may merge or consolidate). 
 10. Miscellaneous. 
 (a) Applicable Law. This contract is entered into under, and shall be governed
for all purposes by, the laws of the State of Maryland, except to the extent that federal law controls the matter, and, in that event, this Agreement shall be governed by federal law applicable to any provisions of this Agreement. 
 (b) Severability of Provisions. If a court of competent jurisdiction determines that any provision of this Agreement is invalid or unenforceable, then
the invalidity or enforceability of that provision shall not affect the validity or enforceability of any other provision of this Agreement and all other provisions shall remain in full force and effect, 
 (c) Withholding of Taxes. The Bank may withhold from any benefits payable under this Agreement all federal, state, city or other taxes as may be required
pursuant to any law, governmental regulation or ruling. 
  

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 (d) Entire Agreement. This Agreement contains the entire agreement and understanding of the parties with
respect to the subject matter hereof and shall not be altered or amended except by a writing executed in the same manner as the Agreement. 
 (e) Source of Payments. The Bank shall make all payments provided for under this Agreement. The Company, however, unconditionally guarantees all amounts and benefits due to Executive and, if the Bank does not timely pay or provide such
amounts and benefits, the Company shall pay or provide such amounts and benefits. 
  

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 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed and delivered as of the day and
year specified in the first paragraph hereof. 
  

							
	ATTEST:	 		 	BALTIMORE COUNTY SAVINGS BANK, F.S.B.
				
		 		 	By:	 	  
	Vice Chairman	 		 		 	Chairman of the Board
			
		 		 	BCSB BANCORP, INC. (as guarantor)
				
		 		 	By:	 	  
		 		 		 	Chairman of the Board
			
	WITNESS:	 		 	
				
		 		 	By:	 	  
		 		 		 	[EXECUTIVE]

  

 8Executive Bonus Structure for 2007

 Exhibit 10.1 
 2007 Executive Bonus Structure 
 Criteria (100% of eligible bonus as
follows) 
  

	 	•	 	 65% tied to targeted pre-tax profit levels set by the Compensation Committee based on the Plan for the current year, with payment amounts of zero, 50%, 60%, 80% and
100% based on performance levels against that Plan. For purposes of the plan, pre-tax profit is calculated without giving effect to non-recurring events or the issuance of stock options and without giving effect to the results of the Company’s
Cobra Electronics UK Limited and Performance Products Limited subsidiaries. 

  

	 	•	 	 35% tied to performance against individual objectives (MBO’s). 

 Opportunity 
  

	 	•	 	 25% to 35% of annual base salary (depending upon executive). 

 Other 
  

	 	•	 	 Additional upside opportunity of 3% of annual base salary if pre-tax profits reach levels established by the Compensation Committee in excess of the Company’s
Plan.

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