0001193125-15-137713 Sample Contracts

FORM OF INDEMNIFICATION AGREEMENT
Indemnification Agreement • April 20th, 2015 • People's Utah Bancorp • State commercial banks • Utah

THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as of [ ], 2015 between People’s Utah Bancorp, a Utah corporation (the “Company”), and [Name] (“Indemnitee”).

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SPLIT-DOLLAR LIFE INSURANCE AGREEMENT
Split-Dollar Life Insurance Agreement • April 20th, 2015 • People's Utah Bancorp • State commercial banks

In consideration of the mutual promises set forth herein, the Bank and the Insured intend to be legally bound and agree as follows:

EMPLOYMENT AGREEMENT – RICHARD T. BEARD
Employment Agreement • April 20th, 2015 • People's Utah Bancorp • State commercial banks • Utah

This Employment Agreement (the “Agreement”) is made and entered into by and between People’s Utah Bancorp (the “Bancorp”) and Bank of American Fork (the “Bank”) (collectively, the “Employer”) and Richard T. Beard (“Mr. Beard” or the “Employee” or “you”). For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Employer and the Employee agree as follows:

EMPLOYMENT AGREEMENT
Employment Agreement • April 20th, 2015 • People's Utah Bancorp • State commercial banks • Utah

THIS EMPLOYMENT AGREEMENT (“Agreement”), effective October 18, 2013 (“Effective Date”), is made between Lewiston State Bank, a Utah corporation (“Employer”), and Dale Buxton (“Employee”).

EMPLOYMENT AGREEMENT – WOLFGANG T. N. MUELLECK
Employment Agreement • April 20th, 2015 • People's Utah Bancorp • State commercial banks • Utah

This Employment Agreement (the “Agreement”) is made and entered into by and between People’s Utah Bancorp (the “Bancorp”) and Bank of American Fork (the “Bank”)(collectively, the “Employer”) and Wolfgang T. N. Muelleck (“Mr. Muelleck” or the “Employee”). For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Employer and the Employee agree as follows:

EMPLOYMENT AGREEMENT
Employment Agreement • April 20th, 2015 • People's Utah Bancorp • State commercial banks • Utah

THIS EMPLOYMENT AGREEMENT (“Agreement”), effective October 18, 2013 (“Effective Date”), is made between Lewiston State Bank, a Utah corporation (“Employer”), and Anthony J. Hall (“Employee”).

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