0001437749-16-040738 Sample Contracts

FORM OF STOCK OPTION AWARD AGREEMENT OTTAWA BANCORP, INC. 2006 EQUITY INCENTIVE PLAN
Stock Option Award Agreement • November 1st, 2016 • Ottawa Bancorp Inc • Savings institution, federally chartered

This Stock Option Grant is awarded to _______________ (the “Participant”) by Ottawa Bancorp, Inc. (the “Company”) as of __________________ (the “Grant Date”), the date the Committee of the Board of Directors of the Company (the “Committee”) granted the Participant the right and option to purchase ________________Shares pursuant to the Ottawa Bancorp, Inc. 2006 Equity Incentive Plan (the “Plan”), subject to the terms and conditions of the Plan and this Award Agreement:

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FORM OF RESTRICTED STOCK AWARD AGREEMENT OTTAWA BANCORP, INC. 2006 EQUITY INCENTIVE PLAN
Restricted Stock Award Agreement • November 1st, 2016 • Ottawa Bancorp Inc • Savings institution, federally chartered

This Award Agreement is provided to __________________(the “Participant”) by Ottawa Bancorp, Inc. (the “Company”) as of____________________, the date the Compensation Committee of the Board of Directors of the Company awarded the Participant a Restricted Stock Award pursuant to the Ottawa Bancorp, Inc. 2006 Equity Incentive Plan (the “Plan”), subject to the terms and conditions of the Plan and this Award Agreement (hereinafter referred to as the “Award”):

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