0000842517-22-000176 Sample Contracts

Piper Sandler & Co. Attention: Tom Thurston Re: Purchase of Common Stock Ladies and Gentlemen:
Purchase Agreement • September 14th, 2022 • ISABELLA BANK Corp • State commercial banks

This letter (the “Agreement”) is to confirm Piper Sandler & Co.’s (the “Agent”) appointment as agent for Isabella Bank Corporation (the “Company”) to purchase shares of its common stock, no par value per share (the “Common Stock”). It is understood that in connection with the making of these purchases, the Agent will be acting as agent for the Company. The terms of the Agreement will be as follows:

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