0001193125-06-165398 Sample Contracts

MACATAWA BANK CORPORATION STOCK OPTION AGREEMENT (Incentive Stock Option)
Stock Option Agreement • August 8th, 2006 • Macatawa Bank Corp • State commercial banks

This STOCK OPTION AGREEMENT is made this DATE , between MACATAWA BANK CORPORATION (the “Company”) and Employee Name, an employee of the Company or one of its subsidiaries (the “Employee”), pursuant to the Macatawa Bank Corporation 2006 Stock Compensation Plan (the “Plan”). All capitalized defined terms in this Agreement shall have the meaning ascribed to such terms in the Plan, unless other wise defined in this Agreement.

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MACATAWA BANK CORPORATION STOCK OPTION AGREEMENT
Stock Option Agreement • August 8th, 2006 • Macatawa Bank Corp • State commercial banks • Michigan

STOCK OPTION AGREEMENT, made this day of , between MACATAWA BANK CORPORATION (herein called the “Company”) and Director Name a director of the Company (the “Grantee”), pursuant to the Macatawa Bank Corporation 2006 Directors’ Stock Compensation Plan (herein called the “Plan”).

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