0000950152-05-003484 Sample Contracts

INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • April 25th, 2005 • Northwest Indiana Bancorp • Savings institution, federally chartered • Indiana

This Incentive Stock Option Agreement (“Agreement”) has been entered into as of the ___ day of ___ 20___, between NorthWest Indiana Bancorp, an Indiana corporation (the “Company”), and ___, an employee of the Company or one of its affiliates (“Participant”), pursuant to the Company’s Amended and Restated 2004 Stock Option and Incentive Plan (the “Plan”).

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AGREEMENT FOR RESTRICTED STOCK GRANTED UNDER NORTHWEST INDIANA BANCORP AMENDED AND RESTATED 2004 STOCK OPTION AND INCENTIVE PLAN
Restricted Stock Agreement • April 25th, 2005 • Northwest Indiana Bancorp • Savings institution, federally chartered • Indiana

This Agreement has been entered into as of the ___ day of ___, 20___ between NorthWest Indiana Bancorp, an Indiana corporation (the “Company”), and ___, a [employee/director] of the Company or one of its affiliates (the “Participant”), pursuant to the Company’s Amended and Restated 2004 Stock Option and Incentive Plan (the “Plan”) and evidences and sets forth certain terms of the grant to the Participant pursuant to the Plan of an aggregate of ___ shares of Restricted Stock as of the date of this Agreement. Capitalized terms used herein and not defined herein have the meanings set forth in the Plan.

NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • April 25th, 2005 • Northwest Indiana Bancorp • Savings institution, federally chartered • Indiana

This Nonqualified Stock Option Agreement (“Agreement”) has been entered into as of the ___ day of ___, 20___, between NorthWest Indiana Bancorp, an Indiana corporation (the “Company”), and ___, an [employee/director] of the Company or one of its affiliates (“Participant”), pursuant to the Company’s Amended and Restated 2004 Stock Option and Incentive Plan (the “Plan”). Capitalized terms used herein and not defined herein have the meanings set forth in the Plan.

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