0000732417-11-000032 Sample Contracts

SUBSCRIPTION AGREEMENT HILLS BANCORPORATION OFFERING OF SHARES OF COMMON STOCK SUBSCRIPTION AGREEMENT
Subscription Agreement • July 5th, 2011 • Hills Bancorporation • State commercial banks

We are conducting an offering pursuant to which you may subscribe for shares of our common stock. The offering will end on November 15, 2011, subject to extension or earlier termination, in our sole discretion. To participate in the offering, you must subscribe for a minimum of 100 shares. Orders received in the offering are subject to proration if the number of shares subscribed for exceeds the number of shares offered and available. Also, orders in the offering are subject to rejection in whole or in part solely at our discretion.

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