WSB Financial Group, Inc. Sample Contracts

ARTICLE II POWERS, DUTIES AND RIGHTS OF THE GUARANTEE TRUSTEE
Guarantee Agreement • August 31st, 2006 • WSB Financial Group, Inc. • New York
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MARK D. FREEMAN
Employment Agreement • August 31st, 2006 • WSB Financial Group, Inc. • Washington
COMMON STOCK
WSB Financial Group, Inc. • November 27th, 2006 • State commercial banks • New York
RECITALS
Employment Agreement • August 31st, 2006 • WSB Financial Group, Inc. • Washington
WITNESSETH:
Form of Indemnification Agreement • August 31st, 2006 • WSB Financial Group, Inc. • Washington
LEASE
Lease • August 31st, 2006 • WSB Financial Group, Inc.

THIS LEASE DATED this 13th day of December, 2005 is between Earl D. Lincoln and Gloria Jean Lincoln, husband and wife, (hereinafter called "Landlord" and Westsound Bank (hereinafter called "Tenant"). Landlord and Tenant covenant and agree as follows:

WESTSOUND BANK 401(K) Profit Sharing Plan
WSB Financial Group, Inc. • August 31st, 2006
EMPLOYMENT AGREEMENT TERRY A. PETERSON
Employment Agreement • August 12th, 2008 • WSB Financial Group, Inc. • State commercial banks • Washington

THIS EMPLOYMENT AGREEMENT (“Agreement”) is dated as of the 19 day of June, 2008, by and between WSB FINANCIAL GROUP, INC. and WESTSOUND BANK (hereinafter jointly referred to as “Westsound”) and TERRY A. PETERSON (“Executive”) and is effective retroactively to April 15, 2008. Westsound and Executive are sometimes collectively referred to herein as “the Parties.”

among WSB Financial Group Trust I, Issuer WSB Financial Group, Inc., Sponsor and
Placement Agreement • August 31st, 2006 • WSB Financial Group, Inc. • New York
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