0000950152-08-006453 Sample Contracts

AGREEMENT FOR RESTRICTED STOCK GRANTED UNDER NORTHWEST INDIANA BANCORP AMENDED AND RESTATED 2004 STOCK OPTION AND INCENTIVE PLAN
Agreement for Restricted Stock • August 13th, 2008 • 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.

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INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • August 13th, 2008 • 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”).

NORTHWEST INDIANA BANCORP PERFORMANCE SHARE AWARD AGREEMENT
Northwest Indiana Bancorp Performance Share Award Agreement • August 13th, 2008 • Northwest Indiana Bancorp • Savings institution, federally chartered • Indiana

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

NORTHWEST INDIANA BANCORP STOCK APPRECIATION RIGHTS AWARD AGREEMENT
Northwest Indiana Bancorp Stock Appreciation Rights Award Agreement • August 13th, 2008 • Northwest Indiana Bancorp • Savings institution, federally chartered • Indiana

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

NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • August 13th, 2008 • 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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