Document:

COMMUNITY SAVINGS BANKSHARES, INC.
             1999 RECOGNITION AND RETENTION PLAN AND TRUST AGREEMENT

                                    ARTICLE I
                       ESTABLISHMENT OF THE PLAN AND TRUST

         1.01     Community Savings Bankshares, Inc. (the "Corporation") hereby
establishes the 1999 Recognition and Retention Plan (the "Plan") and Trust (the
"Trust") upon the terms and conditions hereinafter stated in this 1999
Recognition and Retention Plan and Trust Agreement (the "Agreement").

         1.02     The Trustee hereby accepts this Trust and agrees to hold the
Trust assets existing on the date of this Agreement and all additions and
accretions thereto upon the terms and conditions hereinafter stated.

                                   ARTICLE II
                               PURPOSE OF THE PLAN

         The purpose of the Plan is to retain personnel of experience and
ability in key positions by providing Employees and Non-Employee Directors with
a proprietary interest in the Corporation and its Subsidiary Companies as
compensation for their contributions to the Corporation and its Subsidiary
Companies and as an incentive to make such contributions in the future. Each
Recipient of a Plan Share Award hereunder is advised to consult with his or her
personal tax advisor with respect to the tax consequences under federal, state,
local and other tax laws of the receipt of a Plan Share Award hereunder.

                                   ARTICLE III
                                   DEFINITIONS

         The following words and phrases when used in this Agreement with an
initial capital letter, unless the context clearly indicates otherwise, shall
have the meanings set forth below. Wherever appropriate, the masculine pronouns
shall include the feminine pronouns and the singular shall include the plural.

         3.01     "Association" means Community Savings, F. A., a wholly owned
subsidiary of the Corporation.

         3.02     "Beneficiary" means the person or persons designated by a
Recipient to receive any benefits payable under the Plan in the event of such
Recipient's death. Such person or persons shall be designated in writing on
forms provided for this purpose by the Committee and may be changed from time to
time by similar written notice to the Committee. In the absence of a written
designation, the Beneficiary shall be the Recipient's surviving spouse, if any,
or if none, his estate.

         3.03     "Board" means the Board of Directors of the Corporation.

         3.04     "Change in Control of the Corporation" shall mean the
occurrence of any of the following: (i) the acquisition of control of the
Corporation as defined in 12 C.F.R. ss.574.4, unless a presumption of control is
successfully rebutted or unless the transaction is exempted by 12 C.F.R.
ss.574.3(c)(vii), or any successor to such sections; (ii) an event that would be
required to be reported in response to Item 1(a) of Form 8-K or Item 6(e) of
Schedule 14A of Regulation 14A pursuant to the Exchange Act or any successor
thereto, whether or not any class of securities of the Corporation is registered
under the Exchange Act; (iii) any "person" (as such term is used in Sections
13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial owner" (as
defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of
securities of the Corporation representing 25% or more of the combined voting
power of the Corporation's then outstanding securities; or (iv) during any
period of three consecutive years during the term of a Plan Share Award,
individuals who at the beginning of such period constitute the Board of
Directors of the Corporation cease for any reason to constitute at least
two-thirds thereof unless the election, or the nomination for election by
shareholders, of each new director was approved by a vote of at least majority
of the

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directors then still in office who were directors at the beginning of the
period. If any of the events enumerated in clauses (i) through (iv) occur, the
Board shall determine the effective date of the Change in Control resulting
therefrom for purposes of the Plan.

         3.05     "Code" means the Internal Revenue Code of 1986, as amended.

         3.06     "Committee" means the committee appointed by the Board
pursuant to Article IV hereof.

         3.07     "Common Stock" means shares of common stock, par value $1.00
per share, of the Corporation.

         3.08     "Disability" means any physical or mental impairment which
qualifies an individual for disability benefits under the applicable long-term
disability plan maintained by the Corporation or a Subsidiary Company or, if no
such plan applies, which would qualify such individual for disability benefits
under the Federal Social Security System.

         3.09     "Effective Date" means the day upon which the Board approves
this Plan.

         3.10     "Employee" means any person who is employed by the
Corporation, the Association, or any Subsidiary Company, or is an Officer of the
Corporation, the Association, or any Subsidiary Company, but not including
directors who are not also Officers of or otherwise employed by the Corporation,
the Association or a Subsidiary Company.

         3.11     "Employer Group" means the Corporation and any Subsidiary
which, with the consent of the Board, agrees to participate in the Plan.

         3.12     "Exchange Act" means the Securities Exchange Act of 1934, as
amended.

         3.13     "Non-Employee Director" means a member of the Board of the
Corporation or the Board of Directors of the Association or any successor
thereto, including an advisory director or a director emeritus of the Boards of
the Corporation and/or the Association (or any successor company), who is not an
Officer or Employee of the Corporation, the Association or any Subsidiary
Company.

         3.14     "Offering" means the subscription and community offering of
Common Stock to the public (but not the exchange offer to former shareholders of
the Association) in connection with the reorganization of the Association from
the mid-tier mutual holding company structure to the stock holding company
structure.

         3.15     "Officer" means an Employee whose position in the Corporation
or a Subsidiary Company is that of a corporate officer, as determined by the
Board.

         3.16     "Performance Share Award" means a Plan Share Award granted to
a Recipient pursuant to Section 7.05 of the Plan.

         3.17     "Performance Goal" means an objective for the Corporation or
any Subsidiary Company or any unit thereof or any Employee with respect to any
of the foregoing that may be established by the Committee for a Performance
Share Award to become vested, earned or exercisable. The establishment of
Performance Goals are intended to make the applicable Performance Share Awards
"performance-based" compensation within the meaning of Section 162(m) of the
Code, and the Performance Goals shall be based on one or more of the following
criteria:

                        (i)     net income, as adjusted for non-recurring items;
                        (ii)    cash earnings;
                        (iii)   earnings per share;
                        (iv)    cash earnings per share;
                        (v)     return on average equity;
                        (vi)    return on average assets;

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                        (vii)   asset quality;
                        (viii)  stock price;
                        (ix)    total shareholder return;
                        (x)     capital;
                        (xi)    net interest income;
                        (xii)   market share;
                        (xiii)  cost control or efficiency ratio; and
                        (xiv)   asset growth.

         3.18     "Plan Shares" or "Shares" means shares of Common Stock held in
the Trust which may be distributed to a Recipient pursuant to the Plan.

         3.19     "Plan Share Award" or "Award" means a right granted under this
Plan to receive a distribution of Plan Shares upon completion of the service
requirements described in Article VII, and includes Performance Share Awards.

         3.20     "Recipient" means an Employee or Non-Employee Director who
receives a Plan Share Award or Performance Share Award under the Plan.

         3.21     "Retirement" means, with respect to an Employee, a termination
of employment which constitutes a retirement from employment with the
Corporation or a Subsidiary Company upon the earlier to occur of (a) the earlier
to occur of such individual having (i) attained age 65 or (ii) completed 30
"Years of Service" as such phrase is defined in the Corporation's Employee Stock
Ownership Plan (the "ESOP") or (b) the later to occur of (i) such individual
attaining age 55 or (ii) completing fifteen or more "Years of Service" as
defined in the ESOP. With respect to Non-Employee Directors, retirement means
retirement from service on the Board of Directors of the Corporation or the
Association or any successor thereto (including service as a director emeritus
or advisory director) after attaining the age of 65.

         3.22     "Subsidiary Companies" means those subsidiaries of the
Corporation, including the Association, which meet the definition of "subsidiary
corporation" set forth in Section 424(f) of the Code, at the time of the
granting of the Plan Share Award in question.

         3.23     "Trustee" means such firm, entity or persons approved by the
Board to hold legal title to the Plan and the Plan assets for the purposes set
forth herein.

                                   ARTICLE IV
                           ADMINISTRATION OF THE PLAN

         4.01     Duties of the Committee. The Plan shall be administered and
interpreted by the Committee, which shall consist of two or more members of the
Board, each of whom shall be a Non-Employee Director, as defined in Rule
16b-3(b)(3)(i) of the Exchange Act. In addition, each member of the Committee
shall be an "outside director" within the meaning of Section 162(m) of the Code
and the regulations thereunder at such times as is required under such
regulations. The Committee shall have all of the powers allocated to it in this
and other sections of the Plan. The interpretation and construction by the
Committee of any provisions of the Plan or of any Plan Share Award granted
hereunder shall be final and binding in the absence of action by the Board. The
Committee shall act by vote or written consent of a majority of its members.
Subject to the express provisions and limitations of the Plan, the Committee may
adopt such rules, regulations and procedures as it deems appropriate for the
conduct of its affairs. The Committee shall report its actions and decisions
with respect to the Plan to the Board at appropriate times, but in no event less
than once per calendar year.

         4.02     Role of the Board. The members of the Committee and the
Trustee shall be appointed or approved by, and will serve at the pleasure of,
the Board. The Board may in its discretion from time to time remove members
from, or add members to, the Committee, and may remove or replace the Trustee,
provided that any

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directors who are selected as members of the Committee shall be Non-Employee
Directors as defined in Rule 16b-3(b)(3)(i) of the Exchange Act.

         4.03     Limitation on Liability. No member of the Board or the
Committee shall be liable for any determination made in good faith with respect
to the Plan or any Plan Shares or Plan Share Awards granted under it. If a
member of the Board or the Committee is a party or is threatened to be made a
party to any threatened, pending or completed action, suit or proceeding,
whether civil, criminal, administrative or investigative, by reason of anything
done or not done by him in such capacity under or with respect to the Plan, the
Corporation shall, subject to the requirements of applicable laws and
regulations, indemnify such member against all liabilities and expenses
(including attorneys' fees), judgments, fines and amounts paid in settlement
actually and reasonably incurred by him in connection with such action, suit or
proceeding if he acted in good faith and in a manner he reasonably believed to
be in the best interests of the Corporation and any Subsidiaries and, with
respect to any criminal action or proceeding, had no reasonable cause to believe
his conduct was unlawful.

         4.04     Compliance with Laws and Regulations. All Awards granted
hereunder shall be subject to all applicable federal and state laws, rules and
regulations and to such approvals by any government or regulatory agency or
stockholders as may be required.

         4.05     Restrictions on Transfer. The Corporation may place a legend
upon any certificate representing shares issued pursuant to a Plan Share Award
noting that such shares may be restricted by applicable laws and regulations.

                                    ARTICLE V
                                  CONTRIBUTIONS

         5.01     Amount and Timing of Contributions. The Board shall determine
the amount (or the method of computing the amount) and timing of any
contributions by the Corporation and any Subsidiaries to the Trust established
under this Plan. Such amounts may be paid in cash or in shares of Common Stock
and shall be paid to the Trust at the designated time of contribution. No
contributions by Employees or Non-Employee Directors shall be permitted.

         5.02     Investment of Trust Assets; Number of Plan Shares. Subject to
Section 8.02 hereof, the Trustee shall invest all of the Trust's assets
primarily in Common Stock. The aggregate number of Plan Shares available for
distribution pursuant to this Plan shall be 218,826 shares of Common Stock,
subject to adjustment as provided in Section 10.01 hereof, which shares shall be
purchased (from the Corporation and/or, if permitted by applicable regulations,
from shareholders thereof) by the Trust with funds contributed by the
Corporation. During the time this Plan remains in effect, Awards to each
Employee and each Non-Employee Director shall not exceed 25% and 5% of the
shares of Common Stock available under the Plan, respectively, and Plan Share
Awards to Non-Employee Directors in the aggregate shall not exceed 25% of the
number of shares available under this Plan, in each case subject to adjustment
as provided in Section 10.01 hereof.

                                   ARTICLE VI
                            ELIGIBILITY; ALLOCATIONS

         6.01     Awards. Plan Share Awards and Performance Share Awards may be
made to such Employees and Non-Employee Directors as may be selected by the
Board or the Committee. In selecting those Employees and Non-Employee Directors
to whom Plan Share Awards and/or Performance Share Awards may be granted and the
number of Shares covered by such Awards, the Board or the Committee shall
consider the duties, responsibilities and performance of each respective
Employee and Non-Employee Director, his present and potential contributions to
the growth and success of the Corporation, his salary and such other factors as
deemed relevant to accomplishing the purposes of the Plan. The Board or the
Committee may but shall not be required to request the written recommendation of
the Chief Executive Officer of the Corporation other than with respect to Plan
Share Awards and/or Performance Share Awards to be granted to him.

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         6.02     Form of Allocation. As promptly as practicable after an
allocation pursuant to Section 6.01 that a Plan Share Award or a Performance
Share Award is to be issued, the Board or the Committee shall notify the
Recipient in writing of the grant of the Award, the number of Plan Shares
covered by the Award, and the terms upon which the Plan Shares subject to the
Award shall be distributed to the Recipient. The date on which the Board or the
Committee makes such determination with respect to an Award shall be considered
the date of grant of the Plan Share Award or the Performance Share Award. The
Board or the Committee shall maintain records as to all grants of Plan Share
Awards or Performance Share Awards under the Plan.

         6.03     Allocations Not Required to any Specific Employee or
Non-Employee Director. No Employee or Non-Employee Director shall have any right
or entitlement to receive a Plan Share Award hereunder, as the granting of
Awards is subject to the total discretion of the Board or the Committee.

                                   ARTICLE VII
             EARNING AND DISTRIBUTION OF PLAN SHARES; VOTING RIGHTS

         7.01     Earning Plan Shares; Forfeitures.

                  (a) General Rules. Subject to the terms hereof, Plan Share
Awards granted shall be earned by a Recipient at the rate determined by the
Board or the Committee pursuant to the provisions of Article VI hereof. If the
employment of an Employee or service as a Non-Employee Director is terminated
prior to the date such Plan Share Awards are fully vested for any reason (except
as specifically provided in subsections (b), (c) and (d) below), the Recipient
shall forfeit the right to any Shares subject to the Award which have not
theretofore been earned. In the event of a forfeiture of the right to any Shares
subject to an Award, such forfeited Shares shall become available for allocation
pursuant to Section 6.01 hereof as if no Award had been previously granted with
respect to such Shares. No fractional shares shall be distributed pursuant to
this Plan. In determining the number of Shares which are earned as of any
vesting date, if applicable, fractional shares shall be rounded down to the
nearest whole number, provided that such fractional Shares shall be aggregated
and distributed on the final date of vesting of the grant.

                  (b) Exception for Terminations Due to Death, Disability or
Retirement.  Notwithstanding the general rule contained in Section 7.01(a), all
Plan Shares subject to a Plan Share Award held by a Recipient whose employment
with the Corporation or any Subsidiary or service as a Non-Employee Director
terminates due to death, Disability or Retirement shall be deemed earned as of
the Recipient's last day of employment with or service to the Corporation or any
Subsidiary Company (provided, however, no such accelerated vesting shall occur
in the event of Disability if a Recipient remains employed by at least one
member of the Employer Group) and shall be distributed as soon as practicable
thereafter.

                  (c) Exception for a Change in Control of the Corporation.
Notwithstanding the general rule contained in Section 7.01(a), all Plan Shares
subject to a Plan Share Award held by a Recipient shall be deemed to be earned
as of the effective date of a Change in Control of the Corporation.

                  (d) Revocation for Misconduct. Notwithstanding anything in
this Plan to the contrary, the Board may by resolution immediately revoke,
rescind and terminate any Plan Share Award or Performance Share Award or portion
thereof, previously awarded under this Plan, to the extent Plan Shares have not
been distributed hereunder to the Recipient, whether or not yet earned, in the
case of an Employee who is discharged from the employ of the Corporation or any
Subsidiary Company for cause (as hereinafter defined). Termination for cause
shall mean termination because of the 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. Plan Share Awards granted to a Non-Employee
Director who is removed for cause pursuant to the Corporation's Certificate of
Incorporation and Bylaws or the Association's Charter and Bylaws shall terminate
as of the effective date of such removal.

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         7.02     Distribution of Dividends. Any cash dividends, stock dividends
or returns of capital declared in respect of each Plan Share (excluding
Performance Share Awards) (whether declared before or after the applicable Award
was granted) held by the Trust will be paid by the Trust, as soon as practicable
after the Trust's receipt thereof, to the Recipient on whose behalf such Plan
Share is then held by the Trust. Any cash dividends, stock dividends or returns
of capital declared in respect of each unvested Performance Share Award will be
held by the Trust for the benefit of the Recipient on whose behalf such
Performance Share Award is then held by the Trust (whether declared before or
after the applicable Performance Share Award was granted), and such dividends or
returns of capital, including any interest thereon, will be paid out
proportionately by the Trust to the Recipient thereof as soon as practicable
after the Performance Share Awards become earned.

         7.03     Distribution of Plan Shares.

                  (a) Timing of Distributions: General Rule. Subject to the
provisions of Sections 7.03(b) and 7.05 hereof, Plan Shares shall be distributed
to the Recipient or his Beneficiary, as the case may be, as soon as practicable
after they have been earned.

                  (b) Timing: Exception for 10% Shareholders. Notwithstanding
Section 7.03(a) above, no Plan Shares may be distributed prior to the date which
is five years from the date of consummation of the Association's reorganization
from the mid-tier mutual holding company structure to the stock holding company
structure to the extent the Recipient or Beneficiary, as the case may be, would
after receipt of such Shares own in excess of 10% of the issued and outstanding
shares of Common Stock, unless specifically approved by two-thirds of the Board.
Any Plan Shares remaining undistributed solely by reason of the operation of
this Section 7.03(b) shall be distributed to the Recipient or his Beneficiary on
the date which is five years from the date of consummation of the Association's
reorganization from the mid-tier mutual holding company structure to the stock
holding company structure to stock form.

                  (c) Form of Distributions. All Plan Shares, together with any
Shares representing stock dividends, shall be distributed in the form of Common
Stock. One share of Common Stock shall be given for each Plan Share earned and
distributable. Payments representing cash dividends or returns of capital shall
be made in cash.

                  (d) Withholding. The Trustee may withhold from any cash
payment or Common Stock distribution made under this Plan sufficient amounts to
cover any applicable withholding and employment taxes, and if the amount of a
cash payment is insufficient, the Trustee may require the Recipient or
Beneficiary to pay to the Trustee the amount required to be withheld as a
condition of delivering the Plan Shares. The Trustee shall pay over to the
Corporation or any Subsidiary Company which employs or employed such Recipient
any such amount withheld from or paid by the Recipient or Beneficiary.

                  (e) Restrictions on Selling of Plan Shares. Plan Share Awards
may not be sold, assigned, pledged or otherwise disposed of prior to the time
that they are earned and distributed pursuant to the terms of this Plan. Upon
distribution, the Board or the Committee may require the Recipient or his
Beneficiary, as the case may be, to agree not to sell or otherwise dispose of
his distributed Plan Shares except in accordance with all then applicable
federal and state securities laws, and the Board or the Committee may cause a
legend to be placed on the stock certificate(s) representing the distributed
Plan Shares in order to restrict the transfer of the distributed Plan Shares for
such period of time or under such circumstances as the Board or the Committee,
upon the advice of counsel, may deem appropriate.

         7.04     Voting of Plan Shares. After a Plan Share Award (other than a
Performance Share Award) has been made, the Recipient shall be entitled to
direct the Trustee as to the voting of the Plan Shares which are covered by the
Plan Share Award and which have not yet been earned and distributed to him
pursuant to Section 7.03, subject to rules and procedures adopted by the
Committee for this purpose. All shares of Common Stock held by the Trust which
have not been awarded under a Plan Share Award, shares subject to Performance
Share Awards which have not yet vested and shares which have been awarded as to
which Recipients have not directed the voting shall be voted by the Trustee in
its discretion.

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         7.05     Performance Share Awards

                  (a) Designation of Performance Share Awards. The Committee may
determine to make any Plan Share Award a Performance Share Award by making such
Plan Share Award contingent upon the achievement of a Performance Goal or any
combination of Performance Goals. Each Performance Share Award shall be
evidenced by a written agreement ("Award Agreement"), which shall set forth the
Performance Goals applicable to the Performance Share Award, the maximum amounts
payable and such other terms and conditions as are applicable to the Performance
Share Award. Each Performance Share Award shall be granted and administered to
comply with the requirements of Section 162(m) of the Code.

                  (b) Timing of Grants. Any Performance Share Award shall be
made not later than 90 days after the start of the period for which the
Performance Share Award relates and shall be made prior to the completion of 25%
of such period. All determinations regarding the achievement of any Performance
Goals will be made by the Committee. The Committee may not increase during a
year the amount of a Performance Share Award that would otherwise be payable
upon achievement of the Performance Goals but may reduce or eliminate the
payments as provided for in the Award Agreement.

                  (c) Restrictions on Grants. Nothing contained in this Plan
will be deemed in any way to limit or restrict the Committee from making any
Award or payment to any person under any other plan, arrangement or
understanding, whether now existing or hereafter in effect.

                  (d) Rights of Recipients. Notwithstanding anything to the
contrary herein, a Participant who receives a Performance Share Award payable in
Common Stock shall have no rights as a stockholder until the Common Stock is
issued pursuant to the terms of the Award Agreement.

                  (e) Transferability. A Participant's interest in a Performance
Share Award may not be sold, assigned, transferred, pledged, or otherwise
encumbered.

                  (f) Distribution. No Performance Share Award or portion
thereof that is subject to the attainment or satisfaction of a condition of a
Performance Goal shall be distributed or considered to be earned or vested until
the Committee certifies in writing that the conditions or Performance Goal to
which the distribution, earning or vesting of such Award is subject have been
achieved.

                                  ARTICLE VIII
                                      TRUST

         8.01     Trust. The Trustee shall receive, hold, administer, invest and
make distributions and disbursements from the Trust in accordance with the
provisions of the Plan and Trust and the applicable directions, rules,
regulations, procedures and policies established by the Committee pursuant to
the Plan.

         8.02     Management of Trust. It is the intent of this Plan and Trust
that the Trustee shall have complete authority and discretion with respect to
the arrangement, control and investment of the Trust, and that the Trustee shall
invest all assets of the Trust in Common Stock to the fullest extent
practicable, except to the extent that the Trustee determines that the holding
of monies in cash or cash equivalents is necessary to meet the obligations of
the Trust. In performing its duties, the Trustee shall have the power to do all
things and execute such instruments as may be deemed necessary or proper,
including the following powers:

                  (a) To invest up to one hundred percent (100%) of all Trust
assets in Common Stock without regard to any law now or hereafter in force
limiting investments for trustees or other fiduciaries. The investment
authorized herein may constitute the only investment of the Trust, and in making
such investment, the Trustee is

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authorized to purchase Common Stock from the Corporation or from any other
source, and such Common Stock so purchased may be outstanding, newly issued or
treasury shares.

                  (b) To invest any Trust assets not otherwise invested in
accordance with (a) above, in such deposit accounts, certificates of deposit,
obligations of the United States Government or its agencies or such other
investments as shall be considered the equivalent of cash.

                  (c) To sell, exchange or otherwise dispose of any property at
any time held or acquired by the Trust.

                  (d) To cause stocks, bonds or other securities to be
registered in the name of a nominee, without the addition of words indicating
that such security is an asset of the Trust (but accurate records shall be
maintained showing that such security is an asset of the Trust).

                  (e) To hold cash without interest in such amounts as may in
the opinion of the Trustee be reasonable for the proper operation of the Plan
and Trust.

                  (f) To employ brokers, agents, custodians, consultants and
accountants.

                  (g) To hire counsel to render advice with respect to its
rights, duties and obligations hereunder, and such other legal services or
representation as it may deem desirable.

                  (h) To hold funds and securities representing the amounts to
be distributed to a Recipient or his Beneficiary as a consequence of a dispute
as to the disposition thereof, whether in a segregated account or held in common
with other assets of the Trust.

         Notwithstanding anything herein contained to the contrary, the Trustee
shall not be required to make any inventory, appraisal or settlement or report
to any court, or to secure any order of court for the exercise of any power
herein contained, or give bond.

         8.03     Records and Accounts. The Trustee shall maintain accurate and
detailed records and accounts of all transactions of the Trust, which shall be
available at all reasonable times for inspection by any legally entitled person
or entity to the extent required by applicable law, or any other person
determined by the Board or the Committee.

         8.04     Expenses. All costs and expenses incurred in the operation and
administration of this Plan shall be borne by the Corporation or, in the
discretion of the Corporation, the Trust.

         8.05     Indemnification. Subject to the requirements of applicable
laws and regulations, the Corporation shall indemnify, defend and hold the
Trustee harmless against all claims, expenses and liabilities arising out of or
related to the exercise of the Trustee's powers and the discharge of its duties
hereunder, unless the same shall be due to the Trustee's gross negligence or
willful misconduct.

                                   ARTICLE IX
                                DEFERRED PAYMENTS

         9.01     Deferral of Plan Shares. Notwithstanding any other provision
of this Plan, any Recipient may elect, with the concurrence of the Committee and
consistent with any rules and regulations established by the Committee, to defer
the receipt of Plan Shares subject to Awards granted hereunder.

         9.02     Timing of Election. The election to defer the receipt of any
Plan Shares must be made no later than the last day of the calendar year
preceding the calendar year in which the Recipient would otherwise have an
unrestricted right to receive such Plan Shares. Deferrals of eligible Plan
Shares shall only be allowed for those Plan Shares scheduled to vest while the
Recipient is in active service with the Corporation or one of its Subsidiary

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Companies. Any election to defer the receipt of eligible Plan Shares shall be
irrevocable as long as the Recipient remains an Employee or a Non-Employee
Director of the Corporation or one of its Subsidiary Companies.

         9.03     Plan Share Award Deferral. The deferral of Plan Shares may be
elected by a Recipient subject to the rules and regulations established by the
Committee. Upon the vesting of such Plan Shares, the Committee shall credit to a
deferred stock award account established for the Recipient (which may be part of
an existing deferred compensation trust account) a number of deferred shares or
share units equivalent in value to the number of deferred Plan Shares multiplied
by the Fair Market Value of the Common Stock. Deferred shares or share units
shall be valued at the Fair Market Value on the date the deferred Plan Shares
vest. Subsequent to the lapsing of all restrictions, the deferred shares or
share units shall be valued at the Fair Market Value of the Common Stock.
Deferred shares or share units shall accrue dividends at the rate paid upon the
Common Stock credited in the form of additional deferred share units. Deferred
share units shall be distributed in shares of Common Stock or cash, at the
discretion of the Committee, upon the Recipient's termination of employment or
service as a director or at such other date(s), as may be approved by the
Committee, over a period of no more than ten (10) years.

          9.04    Accelerated Distributions. The Committee may, at its sole
discretion, allow for the early payment of an Recipient's deferred stock award
account in the event of an "unforeseeable emergency" or in the event of the
death or Disability of the Recipient. An "unforeseeable emergency" means an
unanticipated emergency caused by an event beyond the control of the Recipient
that would result in severe financial hardship if the distribution were not
permitted. Such distributions shall be limited to the amount necessary to
sufficiently address the financial hardship. Any distributions under this
provision shall be consistent with the Code and the regulations promulgated
thereunder. Additionally, the Committee may use its discretion to cause stock
award accounts to be distributed when continuing the program is no longer in the
best interest of the Corporation or one of its Subsidiary Companies.

         9.05     Assignability. No rights to deferred stock award accounts may
be assigned or subject to any encumbrance, pledge or charge of any nature except
that a Recipient may designate a beneficiary pursuant to any rules established
by the Committee.

         9.06     Unfunded Status. No Recipient or other person shall have any
interest in any fund or in any specific asset of the Corporation or one of its
Subsidiary Companies by reason of any amount credited pursuant to the provisions
hereof. Any amounts payable pursuant to the provisions hereof shall be paid from
the general assets of the Corporation or one of its Subsidiary Companies and no
Recipient or other person shall have any rights to such assets beyond the rights
afforded general creditors of the Corporation or one of its Subsidiary
Companies. However, the Corporation or one of its Subsidiary Companies shall
have the right to establish a reserve, trust or make any investment for the
purpose of satisfying the obligations created under this Article IX of the Plan;
provided, however, that no Recipient or other person shall have any interest in
such reserve, trust or investment.

                                    ARTICLE X
                                  MISCELLANEOUS

         10.01    Adjustments for Capital Changes. The aggregate number of Plan
Shares available for distribution pursuant to the Plan Share Awards, the number
of Shares to which any unvested Plan Share Award relates and the maximum number
of Plan Shares which may be granted to any Employee, to any Non-Employee
Director or to all Non-Employee Directors as a group shall be proportionately
adjusted for any increase or decrease in the total number of outstanding shares
of Common Stock issued subsequent to the effective date of the Plan resulting
from any split, subdivision or consolidation of shares or other capital
adjustment, the payment of a stock dividend or other increase or decrease in
such shares effected without receipt or payment of consideration by the
Corporation. If, upon a merger, consolidation, reorganization, liquidation,
recapitalization or the like of the Corporation or of another corporation, each
recipient of a Plan Share Award shall be entitled, subject to the conditions
herein stated, to receive such number of shares of Common Stock or amount of
other securities of the Corporation or such other corporation as were
exchangeable for the number of shares of Common Stock of the Corporation which
such Recipients would have been entitled to receive except for such action.

                                       9
<PAGE>

         10.02    Amendment and Termination of the Plan. The Board may, by
resolution, at any time amend or terminate the Plan and the Trust, subject to
any required shareholder approval or any shareholder approval which the Board
may deem to be advisable for any reason, such as for the purpose of obtaining or
retaining any statutory or regulatory benefits under tax, securities or other
laws or satisfying any applicable stock exchange listing requirements. The Board
may not, without the consent of the Recipient, alter or impair any Plan Share
Award previously granted under this Plan except as specifically authorized
herein. Notwithstanding any other provision of this Plan, this Plan may not be
terminated until such time as all Plan Shares held by the Trust have been
awarded to Plan Recipients and shall be deemed to be earned prior to the time of
termination.

         10.03    Nontransferable. Plan Share Awards and Performance Share
Awards and rights to Plan Shares shall not be transferable by a Recipient, and
during the lifetime of the Recipient, Plan Shares may only be earned by and paid
to the Recipient who was notified in writing of the Award pursuant to Section
6.02. No Recipient or Beneficiary shall have any right in or claim to any assets
of the Plan or Trust, nor shall the Corporation or any Subsidiary be subject to
any claim for benefits hereunder.

         10.04    Employment or Service Rights. Neither the Plan nor any grant
of a Plan Share Award, Performance Share Award or Plan Shares hereunder nor any
action taken by the Trustee, the Committee or the Board in connection with the
Plan shall create any right on the part of any Employee or Non-Employee Director
to continue in such capacity.

         10.05    Voting and Dividend Rights. No Recipient shall have any voting
or dividend rights or other rights of a shareholder in respect of any Plan
Shares covered by a Plan Share Award or Performance Share Award, except as
expressly provided in Sections 7.02, 7.04 and 7.05 above, prior to the time said
Plan Shares are actually earned and distributed to him.

         10.06    Governing Law. To the extent not governed by federal law, the
Plan and Trust shall be governed by the laws of the State of Delaware.

         10.07    Effective Date. This Plan shall be effective as of the
Effective Date, and Awards may be granted hereunder no earlier than the date
this Plan is approved by the shareholders of the Corporation and no later than
the termination of the Plan. Notwithstanding the foregoing or anything to the
contrary in this Plan, the implementation of this Plan is subject to the
approval of the Corporation's shareholders.

         10.08    Term of Plan. This Plan shall remain in effect until the
earlier of (1) ten (10) years from the Effective Date, (2) termination by the
Board, or (3) the distribution to Recipients and Beneficiaries of all the assets
of the Trust.

         10.09    Tax Status of the Trust. It is intended that the trust
established hereby be treated as a Grantor Trust of the Corporation under the
provisions of Section 671 et seq. of the Code, as the same may be amended from
time to time.

                                       10
<PAGE>

         IN WITNESS WHEREOF, the Corporation has caused this Amended and
Restated Agreement to be executed by its duly authorized officers and its
corporate seal to be affixed and duly attested, and the Trustees of the Trust
established pursuant hereto have duly and validly executed this Agreement, all
on this 30th day of September 1999.

                                    COMMUNITY SAVINGS BANKSHARES, INC.

                                    By: /s/ James B. Pittard. Jr.
                                        ---------------------------------
                                        James B. Pittard, Jr.,
                                        President and Chief Executive Officer

ATTEST:                             TRUSTEES:

/s/ Deborah M. Rousseau                 /s/ Frederick A. Teed
----------------------------            --------------------------------
Deborah M. Rousseau                     Frederick A. Teed
Secretary

                                        /s/ Forest C. Beaty, Jr.
                                        --------------------------------
                                        Forest C. Beaty, Jr.

                                        /s/ Robert F. Cromwell
                                        --------------------------------
                                        Robert F. Cromwell

                                        /s/ Karl D. Griffin
                                        --------------------------------
                                        Karl D. Griffin

                                        /s/ Harold I. Stevenson
                                        --------------------------------
                                        Harold I. Stevenson

                                       11COMMUNITY SAVINGS, F. A.

                              AMENDED AND RESTATED
                       SUPPLEMENTAL RETIREMENT INCOME PLAN

<PAGE>

                                TABLE OF CONTENTS

                            ARTICLE 1 -- DEFINITIONS

1.1        Beneficiary.............................................       1
1.2        Change in Control of the Company........................       1
1.3        Company.................................................       2
1.4        Compensation............................................       2
1.5        Early Retirement Date...................................       3
1.6        Employer................................................       3
1.7        Normal Retirement Date..................................       3
1.8        Participant.............................................       3
1.9        Plan   .................................................       3
1.10       Committee...............................................       3

                   ARTICLE II -- ELIGIBILITY AND PARTICIPATION

2.1        Conditions of Eligibility...............................       3
2.2        Commencement of Participation...........................       3
2.3        Additional Compensation.................................       4

                       ARTICLE III -- RETIREMENT BENEFITS

3.1        Early Retirement Benefit................................       4
3.2        Normal Retirement Benefit ..............................       4
3.3        Late Retirement Benefit ................................       5
3.4        Change in Control Benefit...............................       5
3.5        Determination of Normal Retirement Benefit .............       5
3.6        Payment of Retirement Benefits .........................       6

                          ARTICLE IV -- DEATH BENEFITS

4.1        Participant's Death Benefits............................       6
4.2        Death of Beneficiary ...................................       7

                        ARTICLE V -- PLAN ADMINISTRATION

5.1        Committee ..............................................       7
5.2        Claim  .................................................       8
5.3        Denial of Claim ........................................       8
5.4        Review of Claim.........................................       8
5.5        Final Decision..........................................       8

<PAGE>

                       ARTICLE VI -- PARTICIPANT'S RIGHTS

6.1        Participant's Rights....................................       9
6.2        Spendthrift Provision...................................       9
6.3        Plan Not An Employment Agreement........................       9
6.4        Protective Provisions...................................       9

                          ARTICLE VII -- MISCELLANEOUS

7.1        Termination of Plan.....................................      10
7.2        Inurement...............................................      10
7.3        Amendments and Modifications............................      11
7.4        Governing Law...........................................      11

<PAGE>

                            COMMUNITY SAVINGS, F. A.
                              AMENDED AND RESTATED
                       SUPPLEMENTAL RETIREMENT INCOME PLAN

         THIS SUPPLEMENTAL RETIREMENT INCOME PLAN was originally entered into at
North Palm Beach, Florida, on the 12th day of December 1991, for the benefit of
certain employees of Community Savings, F. A., a federally chartered savings and
loan association (hereinafter sometimes referred to as "Employer"). The Plan was
subsequently amended and restated as of the 27th day of January 2000 and the
30th day of March 2000.

                             ARTICLE I - DEFINITIONS

         The following words and phrases as set forth in this Supplemental
Retirement Income Plan shall have the meaning and application set forth below:

         1.1    BENEFICIARY. A person or entity designated in accordance with
Article IV of this Plan to receive benefits upon the death of a Participant.

         1.2    CHANGE IN CONTROL OF THE COMPANY. The occurrence of any of the
following: (i) the acquisition of control of the Company as defined in 12 C.F.R.
ss.574.4, unless a presumption of control is successfully rebutted or unless the
transaction is exempted by 12 C.F.R. ss.574.3(c)(vii), or any successor to such
sections; (ii) an event that would be required to be reported in response to
Item 1(a) of Form 8-K or Item 6(e) of Schedule 14A of Regulation 14A pursuant to
the Securities Exchange Act of 1934, as amended (the "Exchange Act") or any
successor thereto, whether or not any class of securities of the Company is
registered under the Exchange Act; (iii) any "person" (as such term is used in
Sections 13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial
owner" (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of the Company representing 25% or more of the
combined voting power of the Company's then

<PAGE>

outstanding securities; or (iv) during any period of three (3) consecutive years
after March 30, 2000, individuals who at the beginning of such period constitute
the Board of Directors of the Company cease for any reason to constitute at
least two-thirds (2/3) thereof unless the election, or the nomination for
election by shareholders of the Company, of each new director was approved by a
vote of at least a majority of the directors then still in office who were
directors at the beginning of the period. If any of the events enumerated in
clauses (i) through (iv) occur, the Board of Directors of Employer shall
determine the effective date of the Change in Control of the Company resulting
therefrom for purposes of the Plan.

         1.3    COMPANY. Community Savings Bankshares, Inc., the parent holding
company for the Employer.

         1.4    COMPENSATION. The highest level of compensation paid to a
Participant by the Employer and/or the Company or any subsidiary thereof during
the calendar year in which the Participant's retirement (Early, Normal or Late)
or the Change in Control of the Company occurs (determined on an annualized
basis) or either of the two calendar years immediately preceding the calendar
year in which the Participant's retirement or the Change in Control of the
Company occurs. Such compensation shall be amounts which were paid and either
(i) included in the Participant's gross income for tax purposes, including but
not limited to base salary, bonuses and amounts taxable to the Participant under
any qualified or non-qualified employee benefit plans of the Employer or the
Company, or (ii) deferred at the election of the Participant; provided however,
that for purposes of the calculation of Compensation, income related to
restricted stock plans and stock option plans of the Employer and/or the Company
shall not be included.

                                      -2-
<PAGE>

         1.5    EARLY RETIREMENT DATE. The date on which a Participant has
completed his tenth (10th) year of service for the Employer and has reached
fifty (50) years of age.

         1.6    EMPLOYER. For purposes of this Plan, Employer is Community
Savings, F. A., a federally chartered savings and loan association.

         1.7    NORMAL RETIREMENT DATE. The date on which a Participant reaches
sixty-five (65) years of age.

         1.8    PARTICIPANT. An employee of the Employer who is eligible to
participate in this Plan according to standards adopted by the Board of
Directors of the Employer.

         1.9    PLAN. This Supplemental Retirement Income Plan as adopted by the
Employer and as may be hereafter amended.

         1.10   COMMITTEE. The SERP Administration Committee as appointed by the
Board of Directors of the Employer from time to time.

                   ARTICLE II - ELIGIBILITY AND PARTICIPATION

         2.1    CONDITIONS OF ELIGIBILITY. Eligibility to become a Participant
in this Plan will be determined by the Board of Directors of the Employer. Such
determination shall be conclusive and binding upon all persons.

         2.2    COMMENCEMENT OF PARTICIPATION. The Employer or the Committee
shall notify each employee of his eligibility to participate in this Plan.
Eligible employees shall become Participants in this Plan as of the effective
date hereof or upon becoming eligible to participate in this Plan, as the case
may be. Each employee who becomes a Participant in this Plan shall complete such
forms as are reasonably required by the Committee for Plan participation.

                                      -3-
<PAGE>

         2.3    ADDITIONAL COMPENSATION. Participant shall receive the benefits
provided for herein in addition to any compensation paid to or benefits provided
to Participant. Except as otherwise provided herein, nothing in this Plan shall
be construed as limiting, varying or reducing any provision or benefit to
Participant, Participant's estate or Beneficiaries pursuant to any employment
agreement, any retirement plan, including any qualified pension or profit
sharing plan, any health, disability or life insurance policies or any other
agreement between Employer and Participant.

                        ARTICLE III - RETIREMENT BENEFITS

         3.1    EARLY RETIREMENT BENEFIT. (a) If a Participant retires from
full-time employment with Employer after the Early Retirement Date, Employer
will pay to Participant an Early Retirement Benefit as calculated in accordance
with Paragraph 3.1(b), payable pursuant to the provisions of Paragraph 3.6.

         (b)    The amount of the Early Retirement Benefit shall be equal to a
Participant's Normal Retirement Benefit as calculated pursuant to Paragraph 3.5,
multiplied by the Participant's Early Retirement Multiplier as set forth in the
table on Exhibit B attached hereto. Such Early Retirement Multiplier shall be
the factor under the Participant's name which is opposite the Participant's
Attained Age. However, for purposes of completing such benefit calculation,
Normal Retirement Date shall mean the date of the Participant's early retirement
instead of age sixty- five (65). The Participant's Attained Age shall be equal
to the Participant's age (in whole years) as of the Participant's retirement
date.

         3.2    NORMAL RETIREMENT BENEFIT. If a Participant retires from
full-time employment with Employer after the Normal

                                      -4-
<PAGE>

Retirement Date, Employer will pay to Participant a Normal Retirement Benefit,
determined pursuant to Paragraph 3.5, payable pursuant to the provisions of
Paragraph 3.6.

         3.3    LATE RETIREMENT BENEFIT. If a Participant remains employed by
Employer after the Normal Retirement Date, such Participant shall receive the
Normal Retirement Benefit upon actual retirement, actuarially adjusted to
reflect such Participant's later retirement.

         3.4    CHANGE IN CONTROL BENEFIT. Upon Participant's cessation from
full-time employment with Employer after the occurrence of a Change in Control
of the Company and prior to attaining Normal Retirement Date, Employer will pay
to Participant an annual amount equal to the Normal Retirement Benefit, as
determined pursuant to Paragraph 3.5. However, for purposes of completing such
benefit calculation, Normal Retirement Date shall mean the date of Participant's
cessation of employment instead of age sixty-five (65). At the election of the
Participant, payments of benefits under this paragraph shall be made in either
(i) quarterly payments pursuant to Paragraph 3.6 or (ii) in a single lump sum
payment within five (5) days of Participant's cessation of employment. In the
event that the Participant elects the lump sum payment option, such single lump
sum payment shall equal the present value of the stream of quarterly installment
payments specified in Paragraph 3.6 discounted to present value at a discount
rate equal to the applicable federal rate, as defined in Section 7872(f)(2) of
the Internal Revenue Code of 1986, as amended, or any successor thereto, as in
effect as of the date of the Participant's cessation of employment.

         3.5    DETERMINATION OF NORMAL RETIREMENT BENEFIT. A Participant's
annual Normal Retirement Benefit shall be an amount, determined as of such
Participant's Normal Retirement Date, equal to the difference between (i)
seventy-five (75%) percent of the Participant's Compensation; and (ii) the sum
of (A) such Participant's Annual Normal Retirement Benefit as specified on
Exhibit

                                      -5-
<PAGE>

A attached hereto, and (B) the annual Primary Insurance Amount to which such
Participant is entitled under the federal Social Security system, determined by
the actuary then serving this Plan, as of the date of such Participant's
retirement from the Employer, without regard to cost of living adjustments
occurring after such date and without regard to whether or not such Participant
receives such Primary Insurance Amount from the federal Social Security system.

         3.6    PAYMENT OF RETIREMENT BENEFITS. Early, Normal, Late Retirement
or Change in Control Benefits (collectively referred to as "Retirement
Benefits") payable to a Participant upon such Participant's retirement or
cessation, as the case may be, from full-time employment with Employer, pursuant
to the provisions of Paragraphs 3.1, 3.2, 3.3 or 3.4 hereof, shall be payable in
the form of a quarterly benefit for fifteen (15) consecutive years beginning
with the first day of the second calendar quarter following such retirement or
cessation.

                           ARTICLE IV - DEATH BENEFITS

         4.1    PARTICIPANT'S DEATH BENEFIT. If a Participant dies while
receiving quarterly installment benefits under the Plan or would have qualified
to receive a Retirement Benefit had such Participant retired or ceased
employment with the Employer the day immediately preceding his/her death,
Employer shall pay to the Beneficiary or Beneficiaries designated in writing by
Participant on Schedule A (or to Participant's Estate if Participant fails to so
designate a Beneficiary or Beneficiaries) the Retirement Benefit installments
that the Participant would have otherwise been entitled to receive, if any. Such
benefits shall be paid to the Beneficiary or Beneficiaries in the same manner as
they would have been paid to the Participant. For purposes of the Plan, a
Participant who dies while actively employed by the Employer and has satisfied
the requirements to receive a Retirement Benefit pursuant to Article III but for
his/her actual retirement or cessation of

                                      -6-
<PAGE>

employment, as the case may be, shall be deemed to have retired and ceased
employment with the Employer as of the day immediately preceding his/her date of
death and become entitled to a Retirement Benefit as determined pursuant to
Article III of the Plan. Such Retirement Benefit payments shall be deemed to
have commenced as of the Participants date of death.

         4.2    DEATH OF BENEFICIARY. In the event of death of a Beneficiary who
is entitled to receive a Retirement Benefit in installments pursuant to
Paragraph 4.1, such benefit to which such Beneficiary was entitled at the time
of such Beneficiary's death shall continue to be payable to the beneficiary or
beneficiaries, designated in writing by such Beneficiary, on a form to be
submitted by such Beneficiary to the Committee (or to the Beneficiary's estate
if the Beneficiary fails to so designate a beneficiary or beneficiaries).

                        ARTICLE V -- PLAN ADMINISTRATION

         5.1    COMMITTEE. This Plan and all matters related hereto, shall be
administered by the Committee which shall be the "named fiduciary". The
Committee will interpret the provisions of this Plan and shall determine all
questions arising in the administration, eligibility, interpretation and
application of this Plan. Any such determination by the Committee shall be
conclusive and binding on all persons and shall be consistently and uniformly
applied to all persons similarly situated. The Committee shall engage the
services of such independent actuaries and administrative personnel, who shall
certify, from time to time, to the Committee, that the funding policy
established by Employer, and the investments acquired pursuant thereto, are
sufficient, from time to time, to provide for such projected Retirement and
Death Benefit under the Plan.

                                      -7-
<PAGE>

         5.2    CLAIM. Any person claiming a benefit, requesting an
interpretation or ruling under this Plan, or requesting information under the
Plan shall present the request, in writing, to the Committee which shall respond
in writing as soon as practicable.

         5.3    DENIAL OF CLAIM. If the claim or request is denied, the written
notice of denial shall state:

                (a)   The reason for denial, with specific reference to the Plan
                      provisions on which the denial is based.

                (b)   A description of any additional material or information
                      required and an explanation of why it is necessary.

                (c)   An explanation of the Plan's claim review procedure.

         5.4    REVIEW OF CLAIM. Any person whose claim or request is denied or
who has not received a response within 90 days may (within 60 days after such
denial or 90-day period, whichever is earlier) request review by notice given in
writing to the Committee. Such request for review must state the specific
reasons, including any Plan provisions, upon which such request for review is
based. The claim or request shall be reviewed by the Committee which may, but
shall not be required to, grant the claimant a hearing. On review, the claimant
may have representation, examine pertinent documents, and submit issues and
comments in writing.

         5.5    FINAL DECISION. The decision on review shall normally be made
within 60 days. If an extension of time is required for a hearing or other
special circumstances, the claimant shall be notified and the time limit shall
be 120 days. The decision shall be in writing and shall state the reason and the
relevant Plan provisions. All decisions on review shall be final and binding on
all parties concerned.

                                      -8-
<PAGE>

                       ARTICLE VI -- PARTICIPANT'S RIGHTS

         6.1    PARTICIPANT'S RIGHTS. The rights of a Participant or a
Participant's Beneficiaries to benefits under this Plan shall be solely those of
an unsecured creditor of Employer. Any insurance policy or other asset acquired
or held by, or on behalf of, Employer or funds allocated by Employer in
connection with the liabilities assumed by Employer pursuant to this Plan shall
not be deemed to be held under any trust for the benefit of a Participant or a
Participant's Beneficiaries or to be security for the performance of Employer's
obligations pursuant hereto, but shall be and remain a general asset of
Employer.

         6.2    SPENDTHRIFT PROVISION. Neither a Participant nor any other
person shall have any right to commute, sell, assign, transfer, pledge,
anticipate, mortgage or otherwise encumber, transfer, hypothecate or convey in
advance of actual receipt the amounts, if any, payable hereunder, or any part
thereof, which are, and all rights to which are, expressly declared to be
non-assignable and non-transferrable. No part of the amounts payable shall,
prior to actual payment, be subject to seizure or sequestration for the payment
of any debts, judgments, alimony or separate maintenance owed by a Participant
or any other person, nor be transferable by operation of law in the event of a
Participant's or any other person's bankruptcy or insolvency.

         6.3    PLAN NOT AN EMPLOYMENT AGREEMENT. This Plan shall not be deemed
to constitute an employment agreement between the parties hereto nor shall any
provision, hereof, restrict the right of Employer to discharge a Participant as
an employee of Employer or restrict a Participant's right to terminate his
employment.

         6.4    PROTECTIVE PROVISIONS. Participant will cooperate with Employer
by furnishing any and all information requested by Employer in order to
facilitate the payment of benefits

                                      -9-
<PAGE>

hereunder, taking such physical examinations as Employer may deem necessary and
taking such other action as may be requested by Employer. If a Participant makes
any material misstatement of information or nondisclosure of medical history,
then a Participant shall not be considered as having been a Participant in the
Plan.

                           ARTICLE VII - MISCELLANEOUS

         7.1    TERMINATION OF PLAN. Employer, upon written notice to the
Participant(s), shall have the right, at any time, to terminate this Plan. Such
termination shall become effective when authorized by the Board of Directors of
Employer and written notice is given to Participant. Upon termination of this
Plan, those Participants then receiving Retirement Benefits pursuant to the
provisions of Article III and those Beneficiaries receiving Death Benefits
pursuant to the provisions of Article IV shall continue to receive such Benefits
in accordance with this Plan. If, as of the date of termination of this Plan, a
Participant shall have satisfied the requirements to receive a Retirement
Benefit pursuant to Article III but for his actual retirement or cessation of
employment, the Participant shall, for purposes of this Plan only, be deemed to
have retired and ceased employment on the day immediately preceding the
effective date of such termination. A Participant deemed to have retired and
ceased employment shall receive Retirement Benefits pursuant to the provisions
of Article III hereof as if such Participant had retired and ceased employment
on the day immediately preceding the termination of the Plan and had commenced
the receipt of such Retirement Benefits as of the termination of the Plan.

         7.2    INUREMENT. This Plan shall be binding upon and shall inure to
the benefit of Employer and each Participant hereunder and their respective
heirs, executors, administrators, successors and assigns.

                                      -10-
<PAGE>

         7.3    AMENDMENTS AND MODIFICATIONS. The Board of Directors of Employer
may, at any time or from time to time, amend or modify this Plan in any respect
and without consent of any Participant or Beneficiary; PROVIDED, HOWEVER, that
any such amendment or modification shall not impair the right of any Participant
or any Beneficiary to receive the benefits or to continue to receive the
benefits provided by Articles III and IV hereof as in effect prior to such
amendment or modification unless such Participant or such Beneficiary has
consented to such amendment or modification if at the time of such amendment or
modification, such Participant or Beneficiary shall have satisfied the
requirements to receive a Retirement Benefit or Death Benefit but for such
Participant's actual retirement, cessation of employment or death; and FURTHER
PROVIDED that this Agreement shall not be amended, modified or terminated in any
respect in contemplation of a Change in Control of the Company. For purposes of
this Paragraph 7.3, an amendment, modification or termination in contemplation
of a Change in Control of the Company shall be deemed to have occurred if a
Change in Control of the Company occurs within twelve (12) months of any
amendment or modification to this Plan, or termination of this Plan. In such
event, any such amendment, modification or termination shall be null and void.
The Board of Directors of Employer may, at any time in its sole and absolute
discretion, accelerate the payment of benefits under the Plan to a Participant
or Beneficiary.

         7.4    GOVERNING LAW. This Plan is made pursuant to, and shall be
governed by, the laws of the State of Florida, in all respects, including
matters of construction, validity and performance.

                                      -11-
<PAGE>

         IN WITNESS WHEREOF, the Employer has adopted this Amended and Restated
Supplemental Retirement Income Plan the day and year first above written.

                                    COMMUNITY SAVINGS, F. A.

                                    By: /s/ FREDERICK A. TEED
                                        --------------------------------
                                        Frederick A. Teed
                                        Chairman of the Board of Directors

                                    By: /s/ JAMES B. PITTARD, JR.
                                        --------------------------------
                                        James B. Pittard, Jr.
                                        President and Chief Executive Officer

                                      -12-
<PAGE>

                                    EXHIBIT A
                        ANNUAL NORMAL RETIREMENT BENEFIT

                                        Annual Normal Retirement
            Participant                         Benefit*
        --------------------            ------------------------

        Larry J. Baker                         $59,916.24
        Cecil F. Howard, Jr.                   $63,539.28
        James B. Pittard, Jr.                  $87,235.92

*    The amounts reflected are preliminary numbers which are subject to change
     based upon the final termination of the Retirement Plan for Employees for
     Community Savings, F. A. and its Affiliates.

                                      -13-
<PAGE>
<TABLE>
<CAPTION>
                                         EXHIBIT B
                                EARLY RETIREMENT MULTIPLIER

                    ----------------------------------------------------------------------
                                          EARLY RETIREMENT MULTIPLIER
------------------------------------------------------------------------------------------
   ATTAINED AGE      CECIL F. HOWARD, JR.      LARRY J. BAKER       JAMES B. PITTARD, JR.
------------------------------------------------------------------------------------------
<S>     <C>                  <C>                     <C>                     <C>
        50                   .00                     .32                     .48
------------------------------------------------------------------------------------------
        51                   .07                     .36                     .52
------------------------------------------------------------------------------------------
        52                   .13                     .41                     .55
------------------------------------------------------------------------------------------
        53                   .20                     .45                     .59
------------------------------------------------------------------------------------------
        54                   .27                     .50                     .62
------------------------------------------------------------------------------------------
        55                   .33                     .55                     .66
------------------------------------------------------------------------------------------
        56                   .40                     .59                     .69
------------------------------------------------------------------------------------------
        57                   .47                     .64                     .72
------------------------------------------------------------------------------------------
        58                   .53                     .68                     .76
------------------------------------------------------------------------------------------
        59                   .60                     .73                     .79
------------------------------------------------------------------------------------------
        60                   .67                     .77                     .83
------------------------------------------------------------------------------------------
        61                   .73                     .82                     .86
------------------------------------------------------------------------------------------
        62                   .80                     .86                     .90
------------------------------------------------------------------------------------------
        63                   .87                     .91                     .93
------------------------------------------------------------------------------------------
        64                   .93                     .95                     .97
------------------------------------------------------------------------------------------
        65                   1.00                   1.00                     1.00
------------------------------------------------------------------------------------------
</TABLE>

                                           -14-

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