Document:

EXHIBIT 10.19A

  
 Exhibit 10.19a

  
 THIRD AMENDMENT TO EMPLOYMENT AGREEMENT 

 
 THIS THIRD AMENDMENT, effective January 26, 2004, between COLUMBIA
BANCORP, a Maryland corporation (the “Corporation”), THE COLUMBIA BANK, a Maryland trust company and the principal subsidiary of the Corporation (the “Bank”), and
                                     (the
“Executive”), amends the EMPLOYMENT AGREEMENT between the Corporation, the Bank, and the Executive, dated February 26, 1996, as amended by FIRST AMENDMENT TO EMPLOYMENT AGREEMENT, dated December     , 1997, and
SECOND AMENDMENT TO EMPLOYMENT AGREEMENT, dated April 30, 2002 (collectively, the “Employment Agreement”). 
  
 W I T N E S S E T H: 
  
 The Corporation and the Bank (each, a “Company” and collectively, the “Companies”) recognized the Executive’s contribution to the
organization, growth, and success of the Companies and entered into the Employment Agreement with the Executive to secure his services. The Companies and the Executive desire to amend the Employment Agreement as set forth below in this Third
Amendment to modify certain provisions thereof. 
  
 Accordingly,
in consideration of the mutual covenants and representations contained herein and the mutual benefits derived herefrom, the Companies and the Executive agree to amend the Employment Agreement as follows: 
  
 1. The last sentence of Paragraph 4.2(a)(ii) shall be amended to read as
follows: 
  
 In addition, the Executive shall continue to be
entitled to all benefits and service credits for benefits under all of the benefit programs, plans or arrangements of the Companies described in paragraph 1.2(b) as if he were still employed during such period under this Agreement. 
  
 2. Paragraph 5.2(f) shall be amended to read as follows: 
  
 (f) (i) The Executive shall bear all expense of, and be
solely responsible for, all federal, state, or local taxes due with respect to any payment received hereunder, including, without limitation, any excise tax imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the
“Code”); provided, however, that any payment or benefit received or to be received by the Executive in connection with a Change in Control or the termination of the Executive’s employment (whether payable pursuant to the terms of this
Agreement (“Contract Payments”) or any other plan, arrangements or agreement with the Companies or any affiliate (collectively with the Contract Payments, the “Total Payments”) shall be reduced to the extent necessary so that no
portion thereof shall be 

  

 Exhibit 10.19a 
  

 
subject to the excise tax imposed by Section 4999 of the Code but only if, by reason of such reduction, the net after-tax benefit received by the Executive
shall exceed the net after-tax benefit that would be received by the Executive if no such reduction was made. 
  
 (ii) For purposes of this paragraph 5.2(f), “net after-tax benefit” shall mean (i) the total of all payments and the value of
all benefits which the Executive receives or is then entitled to receive from the Companies that would constitute “excess parachute payments” within the meaning of Section 280G of the Code, less (ii) the amount of all federal, state and
local income taxes payable with respect to the foregoing calculated at the maximum marginal income tax rate for each year in which the foregoing shall be paid to the Executive (based on the rate in effect for such year as set forth in the Code as in
effect at the time of the first payment of the foregoing), less (iii) the amount of excise taxes imposed with respect to the payments and benefits described in (i) above by Section 4999 of the Code. 
  
 (iii) The foregoing determination shall be made by a
nationally recognized accounting firm (the “Accounting Firm”) selected by the Companies and reasonably acceptable to the Executive (which may be, but will not be required to be, the Companies’ independent auditors). The Accounting
Firm shall submit its determination and detailed supporting calculations to both the Executive and the Companies within fifteen days after receipt of a notice from either of the Companies or from the Executive that the Executive may receive payments
which may be “parachute payments.” If the Accounting Firm determines that a reduction is required by this paragraph 5.2(f), the Executive, in the Executive’s discretion, may determine which of the Total Payments shall be reduced or
forfeited to the extent necessary so that no portion of the Total Payments shall be subject to the excise tax imposed by Section 4999 of the Code, and the Companies shall pay such reduced amount to the Executive; provided that, if the Executive does
not make such determination within twenty business days after the receipt of the calculations made by the Accounting Firm, the Companies shall elect which and how much of the Total Payments shall be eliminated or reduced consistent with the
requirements of this paragraph 5.2(f) and shall notify the Executive promptly of such election. If the Accounting Firm determines that none of the Total Payments, after taking into account any reduction required by this paragraph 5.2(f), constitutes
a “parachute payment” within the meaning of Section 280G of the Code, it will, at the same time as it makes such determination, furnish the Executive and the Companies an opinion that Executive has substantial authority not to report any
excise tax under Section 4999 of the Code on his federal income tax return. The Executive and the Companies shall each provide the Accounting Firm access to and copies of any books, records, and documents in the possession of the 

  

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 Exhibit 10.19a 
  

 
Executive or the Companies, as the case may be, reasonably requested by the Accounting Firm, and otherwise cooperate with the Accounting Firm in connection
with the preparation and issuance of the determinations and calculations contemplated by this paragraph 5.2(f). The fees and expenses of the Accounting Firm for its services in connection with the determinations and calculations contemplated by this
paragraph 5.2(f) shall be borne by the Companies. 
  
 {signatures follow on next page} 
  

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 Exhibit 10.19a 
  

 IN WITNESS WHEREOF, the parties have executed and delivered this Third Amendment to the Employment
Agreement on January 26, 2004, effective January 26, 2004. 
  

					
	 ATTEST:
	 	 	 	 COLUMBIA BANCORP

			
	  	 	 	 	  
	
	 	 	 	

	 	 	 	 	 Name:

	 	 	 	 	 Title:

  

					
	 ATTEST:
	 	 	 	 THE COLUMBIA BANK

			
	  	 	 	 	  
	
	 	 	 	

	 	 	 	 	 Name:

	 	 	 	 	 Title:

  

					
	 WITNESS:
	 	 	 	 
			
	  	 	 	 	  
	
	 	 	 	

	 	 	 	 	 

  

 - 4 -Amendment No. 8 to Employee Stock Ownership Plan

 EXHIBIT 10 (ii)(8) 
  
 AMENDMENT NUMBER EIGHT TO 
 NORTHERN TRUST EMPLOYEE STOCK OWNERSHIP PLAN 
 (As Amended and Restated Effective January 1, 2002)

  
 WHEREAS, The Northern Trust Company (the
“Company”) maintains the Northern Trust Employee Stock Ownership Plan, As Amended and Restated Effective January 1, 2002, (the “Plan”); and 
  

WHEREAS, amendment of the Plan is now considered desirable; 
  
 NOW, THEREFORE, by virtue and in exercise of the amending power reserved to the Company under Section 13.1 of the
Plan, and pursuant to the authority delegated to the undersigned officer by resolutions of the Board of Directors of the Company dated November 20, 2001, Section 9.7(d) of the Plan is hereby amended effective as of January 1, 2003, as follows:

  

	1.	To insert the following as the first sentence of Section 9.7(d): 

  
 “The Plan shall be administered in accordance with all applicable requirements of sections 401(a)(9), including the minimum distribution incidental
death benefit requirement of Code Section 401(a)(9)(G), and Treas. Reg. §§1.401(a)(9)-2 through 1.401(a)(9)-9.” 
  

	2.	To delete the phrase “within five years after the Member’s death” from Section 9.7(d)(2)(B) and to substitute the following therefor: 

  
 “no later than December 31 of the calendar year containing the fifth
anniversary of the Member’s death.” 
  

	3.	To delete the phrase “one year after the date of the Member’s death” from Section 9.7(d)(2)(C)(iii) and to substitute the following therefor:

  
 “the December 31 of the calendar year
following the calendar year in which the Member died.” 
  

	4.	To delete Section 9.7(d)(4) in its entirety and to renumber the current Section 9.7(d)(5) as new Section 9.7(d)(4). 

  
 IN WITNESS WHEREOF, the Company has caused this amendment to be
executed on its behalf this 22nd day of December, 2003, effective as of January 1, 2003. 
  

			
	THE NORTHERN TRUST COMPANY 
		
	By:	 	/s/     Martin J. Joyce, Jr.        
	 	 	

	 Name:
	 	Martin J. Joyce, Jr.
	 Title:
	 	Senior Vice PresidentAmendment No. 9 to Employee Stock Ownership Plan

 EXHIBIT 10(ii)(9) 
  
 AMENDMENT NUMBER NINE TO 
 NORTHERN TRUST EMPLOYEE STOCK OWNERSHIP PLAN 
 (As Amended and Restated Effective January 1, 2002)

  
 WHEREAS, The Northern Trust Company (the
“Company”) maintains the Northern Trust Employee Stock Ownership Plan, As Amended and Restated Effective January 1, 2002, (the “Plan”); and 
  

WHEREAS, amendment of the Plan is now considered desirable; 
  
 NOW, THEREFORE, by virtue and in exercise of the amending power reserved to the Company under Section 13.1 of the
Plan, and pursuant to the authority delegated to the undersigned officer by resolutions of the Board of Directors of the Company dated November 18, 2003, the Plan is hereby amended effective as of November 26, 2003, as follows: 
  

	1.	The following shall be added as Supplement #8 to the Plan: 

  
 “Supplement #8 
  
 Special Rules for Former Cash Center Employees 
  
 This Supplement #8 to the Northern Trust Employee Stock Ownership Plan, As Amended and Restated Effective January 1, 2002 (the “Plan”), is made
a part of the Plan and supersedes any provisions thereof to the extent that they are not consistent with the Supplement. Unless the context clearly implies or indicates to the contrary, a word, term or phrase used or defined in the Plan is similarly
used or defined for purposes of this Supplement #8. 
  

	 	1.	Application. This Supplement supplements and modifies the provisions of the Plan in connection with the outsourcing by The Northern Trust Company (the “Company”) of
the Company’s currency services business to Fiserv Solutions, Inc. (“Fiserv”). Fiserv intends to engage Loomis, Fargo & Co. (“Loomis”) as Fiserv’s subcontractor in connection with Fiserv’s assumption of the
Company’s currency services business. Fiserv and Loomis will employ certain former Company employees, who were employed in the Company’s currency services business. The outsourcing and employment of these former Company employees are
occurring pursuant to an Agreement dated as of November 26, 2003 by and between the Company and Fiserv (the “Fiserv Agreement”); individual employment offer letters issued by Fiserv to one or more of these former employees (a “Fiserv
Offer Letter”); and an Employee Agreement dated as of November 26, 2003 by and between the Company and Loomis (the “Loomis Agreement”). 

  

	 	2.	Effective Date. The effective date of this Supplement #8 is November 26, 2003. 

  

	 	3.	Cash Center Members. The term “Cash Center Member” means any Company employee who terminates employment with the Company in connection with the outsourcing of the
currency services business pursuant to the Fiserv Agreement, is a Participant in the Plan on such employment termination, accepts an offer of employment from Fiserv pursuant to a Fiserv Offer Letter or accepts an offer of employment from Loomis
pursuant to Section 2.3 of the Loomis Agreement and 

 becomes an employee of Fiserv or Loomis immediately following termination of employment with the Company
(including, in the case of any such Company employee who is on leave or disability as of the Closing Date (as defined in the Fiserv Agreement), on the date such Company employee is able to return to work and becomes an employee of Fiserv).

  

	 	4.	Vesting Service. Anything in the Plan to the contrary notwithstanding, a Cash Center Member shall become fully vested in the balance of his or her Account upon his or her
termination of employment with the Company pursuant to the Fiserv or Loomis Agreement. 

  

	 	5.	Employer Contributions. If a Cash Center Member remains continuously employed by Fiserv or Loomis after his or her termination of employment with the Company through December
31, 2004, then such Cash Center Member shall be eligible to receive a prorated Employer Contribution for the 2004 Plan Year. 

  

	 	6.	Limitations on Supplement. The provisions of this Supplement #8 shall only apply with respect to a Break in Service incurred by a Cash Center Member on or (if applicable)
after the Closing Date (as defined in the Fiserv Agreement) and who at that time meets all requirements to be a Cash Center Member. No other Member (including any current or former Company employee who does not then meet the requirements to be a
Cash Center Member) shall have any rights whatsoever at any time under this Supplement #8. Further, no Cash Center Member who is reemployed by the Company or any Participating Employer at any time shall have any rights whatsoever under this
Supplement #8 with respect to any Break in Service following such reemployment. Nothing in this Supplement #8 shall be construed to provide a Cash Center Member with any rights or benefits under the Plan other than those described in paragraphs 4
and 5 above.” 

  

	2.	The following shall be added at the end of Schedule A of the Plan: 

  

					
	 	 	 ESOP

	 Affiliate Name & Acq./Div. Code

	 	 Vesting

	 	 Other Provisions

	 Northern Trust/
 Fiserv Agreement
                    TER FIS
 Dated as of November 26, 2003.
 Northern Trust/
 Loomis Agreement
                    LOM
 Dated as of November 26, 2003.
 Applicable to Cash Center
 Members as defined in Supplement #8.
 Divestiture.
	 	Fully vested upon employment termination as provided in Supplement #8.	 	Prorated Employer Contribution for year of termination if continuously employed by Fiserv or Loomis until 12/31/04 as provided in Supplement #8.”

  
 IN WITNESS
WHEREOF, the Company has caused this amendment to be executed on its behalf this 22nd of December, 2003, effective as of November 26, 2003. 
  

			
	THE NORTHERN TRUST COMPANY
		
	By:	 	/s/    Martin J. Joyce, Jr.        
	 	 	

	 Name:
	 	Martin J. Joyce, Jr.
	 Title:
	 	Senior Vice President

  

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