INCENTIVE STOCK OPTION AWARD AGREEMENTIncentive Stock Option Award Agreement • September 17th, 2020 • Richmond Mutual Bancorporation, Inc. • State commercial banks
This Incentive Stock Option Award (“ISO”) is granted by Richmond Mutual Bancorporation, Inc. (“Corporation”) to [Name] (“Option Holder”) in accordance with the terms of this Incentive Stock Option Award Agreement (“Agreement”) and subject to the provisions of the Richmond Mutual Bancorporation, Inc. 2020 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.
RP® FINANCIAL, LC.Appraisal Services Agreement • March 11th, 2019 • Richmond Mutual Bancorporation, Inc.
This letter sets forth the agreement between First Bank Richmond, Richmond, Indiana (the “Bank”), the wholly-owned subsidiary of Richmond Mutual Bancorporation, Inc. (the mid-tier stock holding company), which in turn is wholly-owned by First Mutual of Richmond, Inc. (the mutual holding company), and RP® Financial, LC. (“RP Financial”). In this regard, the Bank has engaged RP Financial to provide the conversion appraisal services in conjunction with the second step stock offering whereby the Bank will become a wholly-owned subsidiary of a fully public stock bank holding company (the “Company”). The scope, timing and fee structure for these appraisal services are described below.
Richmond Mutual Bancorporation, Inc. (a Maryland corporation) Up to 11,327,500 Shares (Subject to Increase to 13,026,625 Shares) COMMON STOCK (Par Value $0.01 Per Share) Subscription Price $10.00 Per Share AGENCY AGREEMENT May 6, 2019Agency Agreement • May 8th, 2019 • Richmond Mutual Bancorporation, Inc. • State commercial banks • New York
NON-QUALIFIED STOCK OPTION AWARD AGREEMENTNon-Qualified Stock Option Award Agreement • September 17th, 2020 • Richmond Mutual Bancorporation, Inc. • State commercial banks
This Non-Qualified Stock Option Award (“NQSO”) is granted by Richmond Mutual Bancorporation, Inc. (“Corporation”) to [Name] (“Option Holder”) in accordance with the terms of this Non-Qualified Stock Option Award Agreement (“Agreement”) and subject to the provisions of the Richmond Mutual Bancorporation, Inc. 2020 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.
RICHMOND MUTUAL BANCORPORATION, INC. RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • September 17th, 2020 • Richmond Mutual Bancorporation, Inc. • State commercial banks
This Restricted Stock Award (“Restricted Stock Award”) is granted by Richmond Mutual Bancorporation, Inc. (“Corporation”) to [Name] (“Grantee”) in accordance with the terms of this Restricted Stock Award Agreement (“Agreement”) and subject to the provisions of the Richmond Mutual Bancorporation, Inc. 2020 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.
