0001144204-12-010374 Sample Contracts

Form of Agreement for Restricted Stock
Northwest Indiana Bancorp • February 22nd, 2012 • Savings institution, federally chartered • Indiana

This Agreement has been entered into as of the _____ day of ______, 2012 between NorthWest Indiana Bancorp, an Indiana corporation (the "Company"), and _________ [employee] 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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Form of Non-Qualified Stock Option Agreement
Qualified Stock Option Agreement • February 22nd, 2012 • 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.

Form of Incentive Stock Option Agreement
Form of Incentive Stock Option Agreement • February 22nd, 2012 • Northwest Indiana Bancorp • Savings institution, federally chartered • Indiana

On__________, an incentive stock option for _____shares of common stock, without par value, of NorthWest Indiana Bancorp, an Indiana corporation (the “Corporation”), at an option price per share of $______, was granted to ________ (the “Optionee”) by the Corporation. A copy of the option agreement (the “Agreement”) relating to that option grant is attached as Exhibit A to this Amendment. The Corporation and the Optionee have agreed to modify and amend the Agreement in the following respects:

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