0000939057-15-000116 Sample Contracts

TIMBERLAND BANCORP, INC. [FORM OF] INCENTIVE STOCK OPTION AWARD AGREEMENT
Incentive Stock Option Award Agreement • February 27th, 2015 • Timberland Bancorp Inc • Savings institutions, not federally chartered

This Incentive Stock Option Award (“ISO”) is granted by Timberland Bancorp, Inc. (“Company”) to [Name] (“Option Holder”) in accordance with the terms of this Incentive Stock Option Award Agreement (“Agreement”) and subject to the provisions of the Timberland Bancorp, Inc. 2014 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference. All capitalized terms used herein which are not otherwise defined herein shall have the meaning set forth in the Plan.

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FORM OF] NON-QUALIFIED STOCK OPTION AWARD AGREEMENT
Non-Qualified Stock Option Award Agreement • February 27th, 2015 • Timberland Bancorp Inc • Savings institutions, not federally chartered

This Non-Qualified Stock Option Award (“NQSO”) is granted by Timberland Bancorp, Inc. (“Company”) to [Name] (“Option Holder”) in accordance with the terms of this Non-Qualified Stock Option Award Agreement (“Agreement”) and subject to the provisions of the Timberland Bancorp, Inc. 2014 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference. All capitalized terms used herein which are not otherwise defined herein shall have the meaning set forth in the Plan.

TIMBERLAND BANCORP, INC. [FORM OF] RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • February 27th, 2015 • Timberland Bancorp Inc • Savings institutions, not federally chartered

This Restricted Stock Award (“Restricted Stock Award”) is granted by Timberland Bancorp, Inc. (“Company”) to [Name] (“Grantee”) in accordance with the terms of this Restricted Stock Award Agreement (“Agreement”) and subject to the provisions of the Timberland Bancorp, Inc. 2014 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference. All capitalized terms used herein which are not otherwise defined herein shall have the meaning set forth in the Plan.

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