Document:

EXHIBIT
      10.2

     

    

    FIRST
      AMENDMENT UNDER DIRECTOR INDEXED FEE

    CONTINUATION
      PLAN AGREEMENT

     

    Pursuant
      to subparagraph VI C of the Director Indexed Fee Continuation Program
      Director Agreement between The Centreville National Bank of Maryland and Daniel
      T. Cannon, dated January 7, 1997, the Agreement is hereby amended with the
      following:

     

    This
      Agreement
      supersedes and makes null and void all prior benefit plan agreements
      between the parties.

     

    IN
      WITNESS WHEREOF,
      the parties hereto acknowledge that each has carefully read
      this
      Amendment and mutually consent to its terms. The original has been executed
      at
      Centreville, Maryland, on the 8th
      day of
      July, 1997 and that, upon execution, each party has
      received a conforming copy.

     

    

      
        	 	 	
                THE
                  CENTREVILLE NATIONAL BANK OF MARYLAND

              
	 	 	 
	
                /s/
                  Michael C. Shelton

              	 	
                By:
                  /s/
                  Carol
                  Brownawell                                                   
                  EVP

              
	
                Witness

              	 	
                                                                                                              
                  Title

              

      

      

      
        	
                /s/
                  Michael C. Shelton

              	
                By:
                  /s/
                  Daniel T. Cannon

              
	
                Witness

              	
                Daniel
                  T. Cannon

              

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SECOND
      AMENDMENT UNDER DIRECTOR INDEXED FEE

    CONTINUATION
      PLAN AGREEMENT

     

     

    Pursuant
      to Subparagraph VI (C) of the Director Indexed Fee Continuation Plan Agreement
      between The Centreville National Bank of Maryland and Daniel T. Cannon,
dated
      January 7, 1997, Subparagraph I (F) of the Agreement is hereby amended to add
      the following
      sentence at the end of said paragraph:

     

     

    The
      Pre-Retirement Account
      shall
      have a balance of $32,671.42 as of the effective date hereof.

     

     

    IN
      WITNESS WHEREOF, the parties hereto acknowledge that each has carefully
read
      this
      Amendment and mutually consent to its terms. The original has been executed
      at
      Centreville, Maryland on the
      23rd day
      of
      June, 1998 and that, upon execution, each
      party has received a conforming copy.

     

    
      
        	 	 	
                THE
                  CENTREVILLE NATIONAL BANK OF MARYLAND

              
	 	 	 
	 	 	 
	
                /s/
                  Mary Catherine Quimly

              	 	
                By:
                  /s/
                  Carol
                  Brownawell                                         
                  EVP

              
	
                Witness

              	 	
                                                                                                     Title

              
	 	 	 
	
                /s/
                  Mary Catherine Quimly

              	 	
                By:
                  /s/
                  Daniel T. Cannon

              
	
                Witness

              	 	
                Daniel
                  T. Cannon

              

      

    

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    DIRECTOR
      INDEXED FEE CONTINUATION PLAN

     

    AGREEMENT

     

    This
      Agreement, made and entered into this 7th
      day
      of
      January, 1997, by and between
      The Centreville National Bank of Maryland, a Bank organized and existing
under
      the
      laws of the State of Maryland, hereinafter referred to as “the Bank,” and
Daniel
      T.
      Cannon, a Director of the Bank, hereinafter referred to as “the
      Director.”

     

    The
      Director has been a member of the Board of Directors for nine years and has
      now
      and for years past faithfully served the Bank. It is the consensus of the Board
      of Directors of the bank (the Board) that the Director's services have been
      of
      exceptional merit, in excess of the compensation paid and an invaluable
      contribution to the profits and position of the Bank in its field of activity.
      The Board further believes that the Director's
      experience, knowledge of corporate affairs, reputation and industry contacts
      are
of
      such
      value and his continued services are so essential to the Bank's future growth
      and profits
      that it would suffer severe financial loss should the Director terminate his
      services.

     

    Accordingly,
      it is the desire of the Bank and the Director to enter into this Agreement
      under
      which the Bank will agree to make certain payments to the Director upon
      his
      retirement and, alternatively, to his beneficiary(ies) in the event of his
      premature death
      while employed by the Bank.

     

    It
      is the
      intent of the parties hereto that this Agreement be considered an arrangement
      maintained primarily to provide supplemental retirement benefits for the
      Director for purposes of the Employee Retirement Security Act of 1974 (ERISA).
      The Director
      is fully advised of the Bank's financial status, and has had substantial input
      in the design
      and operation of this benefit plan.

     

    Therefore,
      in consideration of the Director's services performed in the past and those
      to
      be performed in the future and based upon the mutual promises and covenants
      herein contained, the Bank and the Director, agree as follows:

     

    
      	
              I.

            	
              DEFINITIONS

            

    

     

    A.    Effective
      Date:

     

    The
      effective date of this Agreement shall be January 7, 1997.

     

    B.    Plan
      Year:

     

    Any
      reference to “year” shall mean a calendar year from January 1 to December 31. In
      the year of implementation, the term “year” shall mean the
      period from the effective date to December 31 of the year of the effective
      date.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    C.    Normal
      Retirement Date:

     

    The
      Normal Retirement Date shall mean retirement from service with the Bank which
      becomes effective on the first day of the calendar month following the month
      in
      which the Director reaches his sixty-fifth (65th) birthday.

     

    D.    Early
      Retirement Date:

     

    Early
      Retirement Date shall mean a retirement from service which is effective prior
      to
      the Normal Retirement Date stated above, provided the Director has attained
      age
      fifty-five (55).

     

    E.    Termination
      of Service:

     

    Termination
      of Service shall mean voluntary resignation of service by the Director
      or the Bank's discharge of the Director, prior to the Early Retirement
      Date (described in subparagraph I (D) herein above).

     

    F.    Pre-Retirement
      Account:

     

    A
      Pre-Retirement Account shall be established as a liability reserve account
      on the books of the Bank for the benefit of the Director. Prior to termination
      of service or the Director's retirement (early or normal), such liability
      reserve account shall be increased or decreased each year by an amount
      equal to the annual earnings or loss for the year determined by the Index
      (described in subparagraph I (H) hereinafter), less the Cost of Funds
Expense
      for that year (described in subparagraph I (I) hereinafter).

     

    G.    Index
      Retirement Benefit:

     

    The
      Index
      Retirement Benefit for the Director for any year shall be equal to the excess
      of
      the annual earnings (if any) determined by the Index [subparagraph I (H)] for
      that year over the Cost of Funds Expense [subparagraph I (I)], for that
      year.

     

    H.    Index:

     

    The
      Index
      for any year shall be the aggregate annual after-tax income from the
      life
      insurance contracts described hereinafter as defined by FASB Technical Bulletin
      85-4. This Index shall be applied as if such insurance contracts were purchased
      on the effective date hereof.

     

    
      
        	
                Insurance
                  Company:

              	
                Massachusetts
                  Mutual Life Insurance

              
	
                Policy
                  Form:

              	
                Whole
                  Life Endowment at Age 95

              
	
                Policy
                  Name:

              	
                Executive
                  Benefit life III

              
	
                Insured's
                  Age
                  and Sex: Riders:

              	
                48,
                  Male

              

      

    

     

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    
      
        	
                Ratings:

              	
                None

              
	
                Option:

              	
                None

              
	
                Face
                  Amount:

              	
                $785,476

              
	
                Premiums
                  Paid:

              	
                $130,000

              
	
                Number
                  of Premiums
                  Paid:

              	
                One

              
	
                Assumed
                  Purchase Date:

              	
                January
                  7, 1997

              

      

       

    

    If
      such
      contracts of life insurance are actually purchased by the Bank then the actual
      policies as of the dates they were purchased shall be used in calculations
      under
      this Agreement. If such contracts of life insurance are not purchased or are
      subsequently surrendered or lapsed, then the Bank shall receive annual policy
      illustrations that assume the above described policies
      were purchased from the above named insurance company(ies) on the
      effective date from which the increase in policy value will be used to calculate
      the amount of the Index.

     

    In
      either
      case, references to the life insurance contract are merely for purposes of
      calculating a benefit. The Bank has no obligation to purchase such life
      insurance and, if purchased, the Director and his beneficiary(ies) shall have
      no
      ownership interest in such policy and shall always have no greater interest
      in
      the benefits under this Agreement than that of an unsecured general creditor
      of
      the Bank.

     

    I.    Cost
      of Funds Expense:

     

    The
      Cost
      of Funds Expense for any year shall be calculated by taking the sum of the
      amount of premiums set forth in the Indexed policies described above plus the
      amount of any after-tax benefits paid to the Director pursuant to this Agreement
      (Paragraph III hereinafter) plus the amount of all previous years after-tax
      Costs of Funds Expense, and multiplying that sum by the average after-tax Cost
      of Funds of the Bank's third quarter Call Report for the Plan Year as filed
      with
      the Office of the Comptroller of the Currency.

     

    J.    Change
      Of Control:

     

    Change
      of
      control shall be deemed to be the cumulative transfer of more than fifty percent
      (50%) of the voting stock of the Bank holding company from the effective date
      of
      this Agreement. For the purposes of this Agreement, transfers on account of
      deaths or gifts, transfers between family members or transfers to a qualified
      retirement plan maintained by the Bank shall not be considered in determining
      whether there has been a change in control.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      
        
          	II.	
                  EMPLOYMENT

                

        

      

    

     

    A.    Employment:

     

    The
      Bank
      agrees to employ the Director in such capacity and with such duties,
      responsibilities and compensation as recommended by the Board from time to
      time.

     

    The
      Director agrees to remain in the Bank's employment; to devote his full time
      and
      attention exclusively to the business of the Bank and to use his best efforts
      to
      provide faithful and satisfactory service to the Bank.

     

    Employment
      services shall include temporary disability specifically granted the Director
      by
      the Board and periods of “military reserve duty”.

     

    B.    No
      Employment Agreement Created:

     

    No
      provision of this Agreement shall be deemed to restrict or limit any existing
      employment agreement by and between the Bank and the Director, nor shall any
      conditions herein create specific employment rights to the Director nor limit
      the right of the Employer to discharge the Director with or without cause.
      In a
      similar fashion, no provision shall limit the Director's rights to voluntarily
      sever his employment at any time.

     

    
      	
              III.

            	
              INDEX
                BENEFITS

            

    

     

    The
      following benefits provided by the Bank to the Director are in the nature of
      a
      fringe benefit and shall
      in no
      event be construed to effect nor limit the Director's current or prospective
      salary increases, cash bonuses or profit-sharing distributions or
      credits.

     

    A.    Retirement
      Benefits:

     

    Should
      the Director continue to be employed by the Bank until the “Normal Retirement
      Date” defined in subparagraph I (C), he shall be entitled to receive the balance
      in his Pre-Retirement Account [as defined in subparagraph I (F)] in fifteen
      (15)
      equal annual installments commencing thirty (30) days following the Director's
      retirement. In addition to the these payments, the Index Retirement Benefit
      (as
      defined in subparagraph I (G) above) for each year shall be paid to the Director
      until his death.

     

    B.    Early
      Retirement:

     

    Should
      the Director elect Early Retirement by the Bank subsequent to the Early
      Retirement Date [defined in subparagraph I (D)], he shall be entitled to receive
      the balance in the Pre-Retirement Account paid over fifteen (15) years in equal
      installments commencing at the Normal Retirement Date

     

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    

    [subparagraph
      I (C)]. In addition to these payments, the Index Retirement Benefit for each
      year shall be paid to the Director until his death.

     

    C.    Death:

     

    Should
      the Director die prior to having received that portion of the Pre-Retirement
      Account he was entitled to pursuant to subparagraph A or B herein above, as
      the
      case may be, the unpaid balance of the Pre-Retirement Account shall be paid
      in a
      lump sum to the beneficiary selected by the Director and filed with the Bank.
      In
      the absence of or a failure to designate a beneficiary, the unpaid balance
      shall
      be paid in a lump sum to the personal representative of the Director's
      estate.

     

    D.    Death
      Benefit:

     

    Except
      as
      set forth above, there is no death benefit provided under this
      Agreement.

     

    
      	
              IV.

            	
              RESTRICTIONS
                UPON FUNDING

            

    

     

    The
      Bank
      shall have no obligation to set aside, earmark or entrust any fund or money
      with
      which to pay its obligations under this Agreement. The Director, his
      beneficiary(ies) or any successor in interest to him shall be and remain simply
      a general creditor of the Bank in the same manner as any other creditor having
      a
      general claim for matured and unpaid compensation.

     

    The
      Bank
      reserves the absolute right at its sole discretion to either fund the
      obligations undertaken by this Agreement or to refrain from funding the same
      and
      to determine the exact nature and method of such funding. Should the Bank elect
      to fund this Agreement, in whole or in part, through the purchase of life
      insurance, mutual funds, disability policies or annuities, the Bank reserves
      the
      absolute right, in its sole discretion, to terminate such funding at any time,
      in whole or in part. At no time shall the Director be deemed to have any lien
      or
      right, title or interest in or to any specific funding investment or to any
      assets of the Bank.

     

    If
      the
      Bank elects to invest in a life insurance, disability or annuity policy upon
      the
      life of the Director, then the Director shall assist the Bank by freely
      submitting to a physical exam and supplying such additional information
      necessary to obtain such insurance or annuities.

     

    
      	
              V.

            	
              CHANGE
                OF CONTROL

            

    

     

    Upon
      a
      Change of Control (as defined in subparagraph I (J) herein), if the Director's
      employment is subsequently terminated then he shall receive the benefits
      promised in this Agreement upon attaining Normal Retirement Age, as if he had
      been continuously employed by the Bank until his Normal Retirement

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Age.
      The
      Director will also remain eligible for all promised death benefits in this
      Agreement. In addition, no sale, merger or consolidation of the Bank shall
      take
      place unless the new or surviving entity expressly acknowledges the obligations
      under this Agreement and agrees to abide by its terms.

     

    
      	
              VI.

            	
              MISCELLANEOUS

            

    

     

    A.    Alienability
      and Assignment Prohibition:

     

    Neither
      the Director, his widow nor any other beneficiary under this Agreement shall
      have any power or right to transfer, assign, anticipate, hypothecate, mortgage,
      commute, modify or otherwise encumber in advance any of the benefits payable
      hereunder nor shall any of said benefits be subject to seizure for the payment
      of any debts, judgments, alimony or separate maintenance owed by the Director
      or
      his beneficiary, nor be transferable by operation of law in the event of
      bankruptcy, insolvency or otherwise. In the event the Director or any
      beneficiary attempts assignment, commutation, hypothecation, transfer or
      disposal of the benefits hereunder, the Bank's liabilities shall forthwith
      cease
      and terminate.

     

    B.    Binding
      Obligation of Bank and any Successor in Interest:

     

    The
      Bank
      expressly agrees that it shall not merge or consolidate into or with another
      bank or sell substantially all of its assets to another bank, firm or person
      until such bank, firm or person expressly agrees, in writing, to assume and
      discharge the duties and obligations of the Bank under this Agreement. This
      Agreement shall be binding upon the parties hereto, their successors,
      beneficiary(ies), heirs and personal representatives.

     

    C.    Revocation:

     

    It
      is
      agreed by and between the parties hereto that, during the lifetime of the
      Director, this Agreement may be amended or revoked at any time or times, in
      whole or in part, by the mutual written assent of the Director and the
      Bank.

     

    D.    Gender:

     

    Whenever
      in this Agreement words are used in the masculine or neuter gender, they shall
      be read and construed as in the masculine, feminine or neuter gender, whenever
      they should so apply.

     

    E.    Effect
      on Other Bank Benefit Plans:

     

    Nothing
      contained in this Agreement shall affect the right of the Director to
      participate in or be covered by any qualified or non-qualified pension,
      profit-sharing, group, bonus or other supplemental compensation or fringe
      benefit plan constituting a part of the Bank's existing or future compensation
      structure.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    F.    Headings:

     

    Headings
      and subheadings in this Agreement are inserted for reference and convenience
      only and shall not be deemed a part of this Agreement.

     

    G.    Applicable
      Law:

     

    The
      validity and interpretation of this Agreement shall be governed by the laws
      of
      the State of Maryland.

     

    
      	
              VII.

            	
              ERISA
                PROVISION

            

    

     

    A.    Named
      Fiduciary and Plan Administrator:

     

    The
      “Named Fiduciary and Plan Administrator” of this plan shall be The Centreville
      National Bank of Maryland until its resignation or removal by the Board. As
      Named Fiduciary and Administrator, The Centreville National Bank of Maryland
      shall be responsible for the management, control and administration of the
      Salary Continuation Agreement as established herein. The Named Fiduciary may
      delegate to others certain aspects of the management and operation
      responsibilities of the plan including the employment of advisors and the
      delegation of ministerial duties to qualified individuals.

     

    B.    Claims
      Procedure and Arbitration:

     

    In
      the
      event a dispute arises over benefits under this Agreement and benefits are
      not
      paid to the Director (or to his beneficiary in the case of the Director's death)
      and such claimants feel they are entitled to receive such benefits, then a
      written claim must be made to the Named Fiduciary and Administrator named above
      within ninety (90) days from the date payments are refused. The Named Fiduciary
      and Administrator and the Bank shall review the written claim and if the claim
      is denied, in whole or in part, they shall provide in writing within ninety
      (90)
      days of receipt of such claim their specific reasons for such denial, reference
      to the provisions of this Agreement upon which the denial is based and any
      additional material or information necessary to perfect the claim. Such written
      notice shall further indicate the additional steps to be taken by claimants
      if a
      further review of the claim denial is desired. A claim shall be deemed denied
      if
      the Named Fiduciary and Administrator fails to take any action within the
      aforesaid ninety-day period.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    If
      claimants desire a second review they shall notify the Named Fiduciary and
      Administrator in writing within ninety (90) days of the first claim denial.
      Claimants may review this Agreement or any documents relating thereto and submit
      any written issues and comments they may feel appropriate. In its sole
      discretion, the Named Fiduciary and Administrator shall then review the second
      claim and provide a written decision within ninety (90) days of receipt of
      such
      claim. This decision shall likewise
      state
      the specific reasons for the decision and shall include reference to specific
      provisions of this Agreement upon which the decision is based.

     

    If
      claimants continue to dispute the benefit denial based upon completed
      performance of this Agreement or the meaning and effect of the terms and
      conditions thereof, then claimants may submit the dispute to a Board of
      Arbitration for final arbitration. Said Board shall consist of one member
      selected by the claimant, one member selected by the Bank, and the third member
      selected by the first two members. The Board shall operate under any generally
      recognized set of arbitration rules. The parties hereto agree that they and
      their heirs, personal representatives, successors and assigns shall be bound
      by
      the decision of such Board with respect to any controversy properly submitted
      to
      it for determination.

     

    IN
      WITNESS WHEREOF,
      the
      parties hereto acknowledge that each has carefully read this Agreement and
      executed the original thereof on the 7th day of January, 1997 and that, upon
      execution, each has received a conforming copy.

     

    
      
        
          	 	 	 
	
                  
                    /s/
                      Connie L. Crossman

                  

                	 	
                  
                    /s/
                      Carol
                      Brownawell                                           
                      EVP/CFO

                  

                
	
                  
                    Witness

                  

                	 	
                                                                                                       Title

                
	 	 	 
	
                  
                    /s/
                      Connie L. Crossman

                  

                	 	
                  
                    /s/
                      Daniel T. Cannon

                  

                
	
                  Witness

                	 	
                  
                    Daniel
                      T. CannonEX 10.3

    
      EXHIBIT
        10.3

       

    

    
      LIFE
        INSURANCE

       

      ENDORSEMENT
        METHOD SPLIT DOLLAR PLAN

       

      AGREEMENT

      
        	 	 
	
                Insurer:

                 

              	
                Massachusetts
                  Mutual Life Insurance

                 

              
	
                Policy
                  Number:

                 

              	
                _____________

                 

              
	
                Bank:

                 

              	
                The
                  Centreville National Bank of Maryland

                 

              
	
                Insured:

                 

              	
                Daniel
                  T. Cannon

                 

              
	
                Relationship
                  of Insured to Bank:

                 

              	
                Director

                 

              

      

      The
        respective rights and duties of the Bank and the Insured in the subject policy
        shall be as defined in the following:

       

      
        	
                I.

              	
                DEFINITIONS

              

      

       

      Refer
        to
        the policy contract for the definition of all terms in this
        Agreement.

       

      
        	
                II.

              	
                POLICY
                  TITLE AND OWNERSHIP

              

      

       

      Title
        and
        ownership shall reside in the Bank for its use and for the use of the Insured
        all in accordance with this Agreement. The Bank alone may, to the extent
        of its
        interest, exercise the right to borrow or withdraw on the policy cash values.
        Where the Bank and the Insured (or assignee, with the consent of the Insured)
        mutually agree to exercise the right to increase the coverage under the subject
        split dollar policy, then, in such event, the rights, duties and benefits
        of the
        parties to such increased coverage shall continue to be subject to the terms
        of
        this Agreement.

       

      
        	
                III.

              	
                BENEFICIARY
                  DESIGNATION RIGHTS

              

      

       

      The
        Insured (or assignee) shall have the right and power to designate a beneficiary
        or beneficiaries to receive his share of the proceeds payable upon the death
        of
        the Insured, and to elect and change a payment option for such beneficiary,
        subject to any right or interest the Bank may have in such proceeds, as provided
        in this Agreement.

       

      
        	
                IV.

              	
                PREMIUM
                  PAYMENT METHOD

              

      

       

      The
        Bank
        shall pay an amount equal to the planned premiums and any other premium payments
        that might become necessary to keep the policy in force.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        	V.	
                TAXABLE
                  BENEFIT

              

      

       

      Annually
        the Insured will receive a taxable benefit equal to the assumed cost of
        insurance as required by the Internal Revenue Service. The Bank (or its
        administrator) will report to the Employee the amount of imputed income received
        each year on Form W-2 or its equivalent.

       

      
        	
                VI.

              	
                DIVISION
                  OF DEATH PROCEEDS

              

      

       

      Subject
        to Paragraph VII herein, the division of the death proceeds of the policy
        is as
        follows:

       

      
        	 	
                A.

              	
                The
                  Insured's beneficiary(ies), designated in accordance with Paragraph
                  III,
                  shall be entitled to an amount equal to eighty percent (80%) of
                  the net at
                  risk insurance portion of the proceeds. The net at risk insurance
                  portion
                  is the total proceeds less the cash value of the
                  policy.

              

      

       

      
        	 	
                B.

              	
                The
                  Bank shall be entitled to the remainder of such
                  proceeds.

              

      

       

      
        	 	
                C.

              	
                The
                  Bank and the Insured (or assignees) shall share in any interest
                  due on the
                  death proceeds on a pro rata basis as the proceeds due each respectively
                  bears to the total proceeds, excluding any such
                  interest.

              

      

       

      
        	
                VII.

              	
                DIVISION
                  OF THE CASH SURRENDER VALUE OF THE
                  POLICY

              

      

       

      The
        Bank
        shall at all times be entitled to an amount equal to the policy's cash value,
        as
        that term is defined in the policy contract, less any policy loans and unpaid
        interest or cash withdrawals previously incurred by the Bank and any applicable
        surrender charges. Such cash value shall be determined as of the date of
        surrender or death as the case may be.

       

      
        	
                VIII.

              	
                PREMIUM
                  WAIVER

              

      

       

      If
        the
        policy contains a premium waiver provision, such waived amounts shall be
        considered for all purposes of this Agreement as having been paid by the
        Bank.

       

      
        	
                IX.

              	
                RIGHTS
                  OF PARTIES WHERE POLICY ENDOWMENT OR ANNUITY ELECTION
                  EXISTS

              

      

       

      In
        the
        event the policy involves an endowment or annuity element, the Bank’s right and
        interest in any endowment proceeds or annuity benefits, on expiration of
        the
        deferment period, shall be determined under the provisions of this Agreement
        by
        regarding such endowment proceeds or the commuted value of such annuity benefits
        as the policy’s cash value. Such endowment proceeds or annuity benefits shall be
        considered to be like death proceeds for the purposes of division under this
        Agreement.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        
          
            	X.	
                    TERMINATION
                      OF AGREEMENT

                  

          

        

      

       

      This
        Agreement shall terminate upon distribution of the death benefit proceeds
        in
        accordance with Paragraph VI above.

       

      
        	
                XI.

              	
                INSURED’S
                  OR ASSIGNEE’S ASSIGNMENT
                  RIGHTS

              

      

       

      The
        Insured may not, without the written consent of the Bank, assign to any
        individual, trust or other organization, any right, title or interest in
        the
        subject policy nor any rights, options, privileges or duties created under
        this
        Agreement.

       

      
        	
                XII.

              	
                AGREEMENT
                  BINDING UPON THE PARTIES

              

      

       

      This
        Agreement shall bind the Insured and the Bank, their heirs, successors, personal
        representatives and assigns.

       

      
        	
                XIII.

              	
                NAMED
                  FIDUCIARY AND PLAN
                  ADMINISTRATOR

              

      

       

      The
        Centreville National Bank of Maryland is hereby designated the "Named Fiduciary"
        until resignation or removal by the board of directors. As Named Fiduciary,
        the
        bank shall be responsible for the management, control, and administration
        of
        this Split Dollar Plan as established herein. The Named Fiduciary may allocate
        to others certain aspects of the management and operation responsibilities
        of
        the plan, including the employment of advisors and the delegation of any
        ministerial duties to qualified individuals.

       

      
        	
                XIV.

              	
                FUNDING
                  POLICY

              

      

       

      The
        funding policy for this Split Dollar Plan shall be to maintain the subject
        policy in force by paying, when due, all premiums required.

       

      
        	
                XV.

              	
                CLAIM
                  PROCEDURES FOR LIFE INSURANCE POLICY AND SPLIT DOLLAR
                  PLAN

              

      

       

      Claim
        forms or claim information as to the subject policy can be obtained by
        contacting The Benefit Marketing Group, Inc. (__________). When the Named
        Fiduciary has a claim which may be covered under the provisions described
        in the
        insurance policy, he should contact the office named above, and they will
        either
        complete a claim form and forward it to an authorized representative of the
        Insurer or advise the named Fiduciary what further requirements are necessary.
        The Insurer will evaluate and make a decision as to payment. If the claim
        is
        payable, a benefit check will be issued to the Named Fiduciary. In the event
        that a claim is not eligible under the policy, the Insurer will notify the
        Named
        Fiduciary of the denial pursuant to the requirements under the terms of the
        policy. If the Named Fiduciary is dissatisfied with the denial of the claim
        and
        wishes to contest such claim denial, he should contact the office named above
        and they will assist in making inquiry to the Insurer. All objections to
        the
        Insurer’s actions should be in writing and submitted to the office named above
        for transmittal to the Insurer.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        
          
            	XVI.	
                    GENDER

                  

          

        

      

       

      Whenever
        in this Agreement words are used in the masculine or neuter gender, they
        shall
        be read and construed as in the masculine, feminine or neuter gender, whenever
        they should so apply.

       

      
        	
                XVII.

              	
                INSURANCE
                  COMPANY NOT A PARTY TO THIS
                  AGREEMENT

              

      

       

      The
        Insurer shall not be deemed a party to this Agreement, but will respect the
        rights of the parties as herein developed upon receiving an executed copy
        of
        this Agreement. Payment or other performance in accordance with the policy
        provisions shall fully discharge the Insurer for any and all
        liability.

       

      Executed
        at Centreville, Maryland this 7th day of January, 1997.

       

      
        
          	
                	 	
                  THE
                    CENTREVILLE NATIONAL BANK OF MARYLAND

                
	 	 	 
	 	 	 
	
                  /s/
                    Connie L. Crossman

                	 	
                  By:
                    /s/
                    Carol
                    Brownawell                                           
                    EVP/CFO

                
	
                  Witness

                	 	
                                                                                                            
                    Title

                
	 	 	 
	 	 	 
	
                  /s/
                    Connie L. Crossman

                	 	
                  By:
                    /s/
                    Daniel T. Cannon

                
	
                  Witness

                	 	
                  Daniel
                    T. Cannon

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