0001167966-05-001226 Sample Contracts

CHANGE IN CONTROL SEVERANCE PAYMENT AGREEMENT
Severance Payment Agreement • August 25th, 2005 • Vail Banks Inc • State commercial banks • Colorado

This Agreement, made and entered into as of the 22nd day of August, 2005, by and between Vail Banks, Inc. and WestStar Bank (collectively referred to as the “Company”), and Brady Burt (hereinafter called the “Executive”),

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VAIL BANKS, INC. AMENDED AND RESTATED STOCK INCENTIVE PLAN STOCK OPTION AGREEMENT (Incentive Stock Option)
Stock Option Agreement • August 25th, 2005 • Vail Banks Inc • State commercial banks • Colorado

THIS OPTION AGREEMENT (the “Agreement”) is entered into effective as of the 22nd day of August, 2005 by and between VAIL BANKS, INC., a Colorado bank holding company (the “Company”), and the employee designated above (the “Optionee”).

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