0000019612-18-000037 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • February 28th, 2018 • Chemical Financial Corp • State commercial banks

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made by CHEMICAL FINANCIAL CORPORATION, a Michigan corporation (the “Corporation”) and THOMAS C. SHAFER (“Executive”). The parties agree as follows.

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EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 28th, 2018 • Chemical Financial Corp • State commercial banks • Michigan

This Executive Employment Agreement (the “Agreement”) is entered into as of February 27, 2018 (the “Execution Date”), by and between Chemical Financial Corporation (“Chemical”), and Gary Torgow (the “Executive”).

PHILANTHROPY AGREEMENT
Philanthropy Agreement • February 28th, 2018 • Chemical Financial Corp • State commercial banks

THIS AGREEMENT (the “Agreement”) between Chemical Financial Corporation (“Chemical” ) and David T. Provost (the “Executive”) is entered into as of February 27, 2018.

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 28th, 2018 • Chemical Financial Corp • State commercial banks • Michigan

This Executive Employment Agreement (the “Agreement”) is entered into as of July 1, 2017, by and between Chemical Financial Corporation (“Chemical”), and Thomas C. Shafer (the “Executive”).

PHILANTHROPY AGREEMENT
Philanthropy Agreement • February 28th, 2018 • Chemical Financial Corp • State commercial banks

THIS AGREEMENT (the “Agreement”) between Chemical Financial Corporation (“Chemical” ) and Gary Torgow (the “Executive”) is entered into as of February 27, 2018.

CHEMICAL FINANCIAL CORPORATION <NAME> <###> Units RESTRICTED STOCK UNIT AGREEMENT PURSUANT TO STOCK INCENTIVE PLAN OF 2017 Performance-Based Restricted Stock Units
Restricted Stock Unit Agreement • February 28th, 2018 • Chemical Financial Corp • State commercial banks

This Restricted Stock Unit Agreement (“Agreement”) is made as of [Insert Date of Grant] (the “Grant Date”), between CHEMICAL FINANCIAL CORPORATION (the “Corporation”), and the Grantee named above (“Grantee”).

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • February 28th, 2018 • Chemical Financial Corp • State commercial banks • Michigan

This Change in Control Agreement (the “Agreement”) is entered into as of February 27, 2018, by and between Chemical Financial Corporation (“Chemical”), Chemical Bank (the “Bank”) and Robert Rathbun (the “Executive”).

CHEMICAL FINANCIAL CORPORATION <NAME> <###> Units RESTRICTED STOCK UNIT AGREEMENT PURSUANT TO STOCK INCENTIVE PLAN OF 2017 Time-Based Restricted Stock Units
Restricted Stock Unit Agreement • February 28th, 2018 • Chemical Financial Corp • State commercial banks

This Restricted Stock Unit Agreement (“Agreement”) is made as of [Insert Date of Grant] (the “Grant Date”), between CHEMICAL FINANCIAL CORPORATION (the “Corporation”), and the Grantee named above (“Grantee”).

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