0000897069-05-000545 Sample Contracts

Bandag, Incorporated 2004 Stock Grant and Awards Plan Restricted Stock Award Agreement
Restricted Stock Award Agreement • February 25th, 2005 • Bandag Inc • Tires & inner tubes

THIS RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”), effective as of the Date of Award set forth above, represents the award of Restricted Stock by Bandag, Incorporated, an Iowa corporation (the “Company”), to the Participant named above, pursuant to the provisions of the Plan. The Restricted Stock granted hereunder represents shares of Class A common stock of the Company (“Shares”).

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Bandag, Incorporated 2004 Stock Grant and Awards Plan Nonqualified Stock Option Award Agreement
Nonqualified Stock Option Award Agreement • February 25th, 2005 • Bandag Inc • Tires & inner tubes

THIS NONQUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”), effective as of the Date of Grant set forth above, represents the grant of a nonqualified stock option (the “Option”) by Bandag, Incorporated, an Iowa corporation (the “Company”), to the Participant named above, pursuant to the provisions of the Plan.

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