SHAREHOLDER AGREEMENTShareholder Agreement • November 21st, 2014 • MidWestOne Financial Group, Inc. • State commercial banks • Iowa
THIS SHAREHOLDER AGREEMENT (this “Agreement”) is entered into as of November 20, 2014, by and among MIDWESTONE FINANCIAL GROUP, INC., an Iowa corporation (“Acquiror”), Riverbank Insurance Center, Inc., a Wisconsin corporation (“Insurance Agency Shareholder”), CBS, LLC, a Minnesota limited liability company (“Trust Preferred Security Holder”), the undersigned holder (“Shareholder”) of all outstanding shares of the common stock, $1.00 par value per share (“Company Common Stock”), of Central Bancshares, Inc., a Minnesota corporation (“Company”), and John M. Morrison, an individual (“Individual”).
