0001193125-07-260349 Sample Contracts

NARA BANCORP, INC. STOCK APPRECIATION RIGHTS AGREEMENT
Stock Appreciation Rights Agreement • December 6th, 2007 • Nara Bancorp Inc • National commercial banks • California

This Stock Appreciation Rights Agreement is made and entered into by and between Nara Bancorp, Inc. (the “Company”) and «Full_Name» as of the date of acceptance, pursuant to the Nara Bancorp, Inc. 2007 Equity Incentive Plan (the “Plan”). Please see the Plan and Prospectus provided for further details. The Plan Administrator administering the Plan have selected the Participant to receive the following grant of stock appreciation rights (“SAR”). This SAR entitles the Participant to receive a payment in shares of the common stock of Nara Bancorp, Inc. (the “Common Stock”) that reflects the appreciation over the Grant Price, as specified in Section 1 hereof, for the number of shares of the Common Stock for which this SAR was granted, as specified in Section 1 hereof, (the “Grant Shares”), on the terms and conditions of the Plan and as set forth below, which Participant accepts and to which the Participant agrees:

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NARA BANCORP, INC.
Shares] Agreement • December 6th, 2007 • Nara Bancorp Inc • National commercial banks

This Agreement is pursuant to the terms of the Nara Bancorp, Inc. 2007 Equity Incentive Plan (the “Plan”), a copy of which has been furnished to the Participant and the terms of which are incorporated herein by reference. All capitalized terms that are used in this Agreement that are not defined herein have the meanings defined in the Plan. In the event of a conflict between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall prevail. Also attached for your reference is a copy of the Prospectus.

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