0000908834-05-000500 Sample Contracts

Form of Non-Qualified Stock Option Agreement Under the Third Century Bancorp Stock Option Plan For Employees
For Employees • July 26th, 2005 • Third Century Bancorp • Savings institutions, not federally chartered

You are hereby granted the option to purchase a total of _______ shares of the Common Stock, without par value (“Common Stock”), of Third Century Bancorp (the “Holding Company”) over the next ten years and one day pursuant to the Holding Company’s Stock Option Plan (the “Plan”), on the following terms and conditions:

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Form of Incentive Stock Option Agreement Under the Third Century Bancorp Stock Option Plan
Third Century Bancorp • July 26th, 2005 • Savings institutions, not federally chartered

You are hereby granted the option to purchase a total of ________ shares of the Common Stock, without par value (“Common Stock”), of Third Century Bancorp (the “Holding Company”) over the next ten years pursuant to the Holding Company’s Stock Option Plan (the “Plan”), on the following terms and conditions:

Form of Non-Qualified Stock Option Agreement Under the Third Century Bancorp Stock Option Plan For Directors
Third Century Bancorp • July 26th, 2005 • Savings institutions, not federally chartered

You are hereby granted the option to purchase a total of _______ shares of the Common Stock, without par value (“Common Stock”), of Third Century Bancorp (the “Holding Company”) over the next ten years and one day pursuant to the Holding Company’s Stock Option Plan (the “Plan”), on the following terms and conditions:

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