0001193125-05-003930 Sample Contracts

INCENTIVE STOCK OPTION AGREEMENT UNDER THE CAMDEN NATIONAL CORPORATION
Incentive Stock Option Agreement • January 10th, 2005 • Camden National Corp • National commercial banks

Pursuant to the Camden National Corporation 2003 Stock Option and Incentive Plan (the “Plan”) as amended through the date hereof, Camden National Corporation (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, no par value, (the “Stock”) of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan.

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