0001193125-07-253363 Sample Contracts

SUPPLEMENTAL RETIREMENT AGREEMENT FOR CHARLES N. FUNK
Supplemental Retirement Agreement • November 27th, 2007 • ISB Financial Corp. • Iowa

THIS AGREEMENT, made and entered into this 1st day of November 2001 by and between the Iowa State Bank & Trust Company, a banking corporation organized and existing under the laws of the State of Iowa, hereinafter called the Corporation, and Charles N. Funk, hereafter called the Executive.

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ISB FINANCIAL CORP. EMPLOYMENT AGREEMENT
Employment Agreement • November 27th, 2007 • ISB Financial Corp. • Iowa

THIS EMPLOYMENT AGREEMENT (this “Agreement”), is made and entered into as of September 11, 2007 by and between ISB FINANCIAL CORP. (the “Company”), and Kent Jehle (the “Executive”), and shall be effective immediately upon the consummation of the merger (the “Merger”) contemplated by the Agreement and Plan of Merger By and Between MidWestOne Financial Group, Inc. (“MidWestOne”) and the Company dated September 11, 2007 (the “Merger Agreement”), whereby MidWestOne shall merge with and into the Company, with the Company being the surviving corporation (with the consummation of the Merger constituting the “Effective Date”).

September 11, 2007
ISB Financial Corp. • November 27th, 2007
MIDWESTONE FINANCIAL GROUP, INC. SIXTH AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT
Credit Agreement • November 27th, 2007 • ISB Financial Corp. • Illinois

This Sixth Amendment to Second Amended and Restated Credit Agreement (herein, the “Amendment”) is entered into as of April 30, 2007, between MidWestOne Financial Group, Inc., an Iowa corporation (the “Borrower”), and Harris N.A. (the “Bank”).

September 11, 2007
ISB Financial Corp. • November 27th, 2007

As you know, ISB Financial Corp. (“ISBF”) has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with MidWestOne Financial Group, Inc. (“MWO”) with respect to the proposed transaction (the “Merger”) whereby MWO will be merged with and into ISBF. Among the conditions of the Merger is that you and Dick Summerwill of ISBF, execute and deliver to ISBF and MWO, respectively, a letter of understanding as described in Section 6.13 of the Merger Agreement.

MAHASKA INVESTMENT COMPANY EXECUTIVE DEFERRED COMPENSATION AGREEMENT
Executive Deferred Compensation Agreement • November 27th, 2007 • ISB Financial Corp. • Iowa

THIS AGREEMENT is made this 1st day of Jan., 2003, by and between MAHASKA INVESTMENT COMPANY, a bank holding company located in Oskaloosa, Iowa (the “Company”), and DAVID A. MEINERT (the “Executive”).

MIDWESTONE FINANCIAL GROUP, INC. THIRD AMENDMENT AND WAIVER TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT
Credit Agreement • November 27th, 2007 • ISB Financial Corp. • Illinois

This Third Amendment and Waiver to Second Amended and Restated Credit Agreement (herein, the “Amendment”) is entered into as of March 3, 2006, between MidWestOne Financial Group, Inc., an Iowa corporation (the “Borrower”), and Harris N.A., as successor by merger to Harris Trust and Savings Bank (the “Bank”).

AMENDMENT AND RESTATEMENT OF THE EXECUTIVE SALARY CONTINUATION AGREEMENT DATED JUNE 18, 1992 FOR DAVID A. MEINERT
Continuation Agreement • November 27th, 2007 • ISB Financial Corp. • Iowa

THIS SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted this 1st day of July, 2004, by and between MIDWESTONE FINANCIAL GROUP, INC., an Iowa corporation (the “Company”), and DAVID A. MEINERT (the “Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • November 27th, 2007 • ISB Financial Corp. • Iowa

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into effective as of the 1st day of January 2001, (the “Effective Date”) by and between Iowa State Bank and Trust Company, Iowa City, Iowa, an Iowa corporation (the “Bank”) and Charles N. Funk (“Executive”).

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