EXECUTIVE SEVERANCE AGREEMENTExecutive Severance Agreement • May 28th, 2024 • Alerus Financial Corp • National commercial banks • Minnesota
This Executive Severance Agreement (“Agreement”) is made and entered into between Alerus Financial Corporation, a Delaware corporation (the “Company”), and Katie Lorenson (the “Employee”).
ALERUS FINANCIAL CORPORATIONRestricted Stock Award Agreement • March 26th, 2020 • Alerus Financial Corp • National commercial banks • Delaware
The Participant specified below is hereby granted a restricted stock award (the “Award”) by ALERUS FINANCIAL CORPORATION, a Delaware corporation (the “Company”), under the ALERUS FINANCIAL CORPORATION 2019 EQUITY INCENTIVE PLAN (the “Plan”). The Award shall be subject to the terms of the Plan and the terms set forth in this Restricted Stock Award Agreement (“Award Agreement”).
AGREEMENT AND PLAN OF MERGER BETWEEN ALERUS FINANCIAL CORPORATION AND MPB BHC, INC. December 8, 2021Merger Agreement • December 9th, 2021 • Alerus Financial Corp • National commercial banks • Delaware
This Agreement And Plan Of Merger (together with all exhibits and schedules, this “Agreement”) is entered into as of December 8, 2021, by and between Alerus Financial Corporation, a Delaware corporation (“Acquiror”), and MPB BHC, Inc., an Arizona corporation (the “Company”).
] Shares(1) ALERUS FINANCIAL CORPORATION Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • August 16th, 2019 • Alerus Financial Corp • National commercial banks • New York
Alerus Financial Corporation, a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the several Underwriters named in Schedule I hereto (the “Underwriters”), an aggregate of [ ] shares of the Company’s Common Stock, par value $1.00 per share (the “Common Stock”). The aggregate of [ ] shares to be purchased from the Company are called the “Firm Shares.” In addition, the Company has agreed to sell to the Underwriters, upon the terms and conditions stated herein, up to an additional [ ] shares of Common Stock (the “Additional Shares”) to cover over-allotments by the Underwriters, if any. The Firm Shares and the Additional Shares are collectively referred to in this agreement (this “Agreement”) as the “Shares.” Raymond James & Associates, Inc. is acting as the representative of the several Underwriters and in such capacity is referred to in this Agreement as “you” or the “Representative.”
ALERUS FINANCIAL CORPORATION, as Issuer and as Trustee INDENTURE Dated as of __________________, 20__ CROSS REFERENCE SHEET*Indenture • September 14th, 2023 • Alerus Financial Corp • National commercial banks
In consideration of the recitals and the purchases of the Securities (as defined herein) by the Holders (as defined herein) thereof, the Company and the Trustee (as defined herein) mutually covenant and agree for the equal and proportionate benefit of the respective Holders from time to time of the Securities as follows:
alerus financial corporationPerformance-Based Restricted Stock Unit Award Agreement • May 28th, 2024 • Alerus Financial Corp • National commercial banks • Delaware
The Participant specified below is hereby granted a restricted stock unit award (the “Award”) by Alerus Financial Corporation, a Delaware corporation (the “Company”), under the Alerus Financial Corporation 2019 Equity Incentive Plan (the “Plan”). The Award shall be subject to the terms of the Plan and the terms set forth in this Performance-Based Restricted Stock Unit Award Agreement (“Award Agreement”).
ALERUS FINANCIAL CORPORATION 2009 STOCK PLAN PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit Award Agreement • August 16th, 2019 • Alerus Financial Corp • National commercial banks • Delaware
This is a RESTRICTED STOCK UNIT AWARD AGREEMENT (the “Award Agreement”) between Alerus Financial Corporation, a Delaware corporation (the “Company”), and the employee of the Company or an Affiliate of the Company (the “Employee”) specified in the table above. Except as otherwise set forth herein, this Award Agreement is subject to the terms and conditions of the Alerus Financial Corporation 2009 Stock Plan (the “Plan”). Any capitalized term used in this Award Agreement that is not defined herein shall have the meaning set forth in the Plan.
ALERUS FINANCIAL CORPORATION RESTRICTED STOCK AWARD AGREEMENT FOR LONG TERM INCENTIVE AWARDRestricted Stock Award Agreement • August 16th, 2019 • Alerus Financial Corp • National commercial banks • Delaware
This is a RESTRICTED STOCK AWARD AGREEMENT (the “Award Agreement”) between Alerus Financial Corporation, a Delaware corporation (the “Company”) and the employee of the Company or a subsidiary of the Company (the “Employee”) listed above.
alerus financial corporationTime-Based Restricted Stock Unit Award Agreement • February 22nd, 2021 • Alerus Financial Corp • National commercial banks • Delaware
The Participant specified below is hereby granted a restricted stock unit award (the “Award”) by Alerus Financial Corporation, a Delaware corporation (the “Company”), under the Alerus Financial Corporation 2019 Equity Incentive Plan (the “Plan”). The Award shall be subject to the terms of the Plan and the terms set forth in this Time-Based Restricted Stock Unit Award Agreement (“Award Agreement”).
SUBORDINATED NOTE PURCHASE AGREEMENT Dated as of March 30, 2021Subordinated Note Purchase Agreement • March 30th, 2021 • Alerus Financial Corp • National commercial banks • North Dakota
This SUBORDINATED NOTE PURCHASE AGREEMENT (this “Agreement”) is dated as of March 30, 2021 and is made by and between Alerus Financial Corporation, a Delaware corporation (“Borrower”), and The Bank of North Dakota doing business as the State of North Dakota (“Lender”).
