ContractEmployment Agreement • April 4th, 2005 • Zions Bancorporation /Ut/ • National commercial banks • Utah
On November 3, 2003, Zions paid Employee a one-time signing bonus in the amount of $233,000. (b) Annual Base Salary. Zions will pay (or cause to be paid) to Employee during the Period of Employment an annual base salary (“Annual Base Salary”) payable in bi-weekly installments during each fiscal year, or portion thereof. The initial Annual Base Salary shall be $325,000 per annum, which shall be increased by not less than 10% of the previous year’s Annual Base Salary in each of fiscal years 2004, 2005 and 2006 and by not less than 6% of the previous year’s Annual Base Salary in fiscal year 2007. Such adjustments shall be made during the first quarter of each respective fiscal year, retroactive to the first pay period in such fiscal year. Any increases to Annual Base Salary after fiscal year 2007 shall be determined in Zions’ sole discretion. The term Annual Base Salary as used in this Agreement shall refer to Annual Base Salary as so increased. (c) Discretionary Bonus. During the Period
ContractStock Purchase and Shareholder Agreement • April 4th, 2005 • Zions Bancorporation /Ut/ • National commercial banks • Utah
EXHIBIT 99.2 STOCK PURCHASE AND SHAREHOLDER AGREEMENT dated June 1, 2004 by and among WELMAN HOLDINGS, INC., ZIONS BANCORPORATION, ZIONS FIRST NATIONAL BANK and PCS WEALTH MANAGEMENT, LLC
