ContractShareholder Agreement • June 12th, 2020 • Gunther Dale O. • State commercial banks
SHAREHOLDER AGREEMENT This Shareholder Agreement (this "Agreement") is made and entered into by the undersigned effective as of January 28, 2020 by and among those persons identified as the "Parties" on the signature page he::-eto ( each, a "Party"). Recitals A. Each of the undersigned is the holder, direct or beneficial, of shares of the common stock, par value $0.01 per share ("Common Stock") of People's Utah Bancorp, a Utah corporation and Utah registered bank holding ::ompany (the "Company"). B. The undersigned have an affinity based on an immediate or extended family relationship and desire to conside::- ways to more actively and effectively support the Company's continued success. C. The undersigned desire to promote and monitor their investment in and interests as shareholders of the Company and 1'o facilitate positive interactions and improved relationships with the Company, its management, and its board of directors (the "Board"). Agreement NOW THEREFORE, in consideration of t
