0001558370-20-003143 Sample Contracts

ALERUS FINANCIAL CORPORATION

Restricted Stock Award Agreement • March 26th, 2020 • Alerus Financial Corp • National commercial banks • Delaware

• Contract Type
  Restricted Stock Award Agreement
• Filed
  March 26th, 2020
• Company
  Alerus Financial Corp
• Industry
  National commercial banks
• Jurisdiction
  Delaware

The Participant specified below is hereby granted a restricted stock award (the “Award”) by ALERUS FINANCIAL CORPORATION, a Delaware corporation (the “Company”), under the ALERUS FINANCIAL CORPORATION 2019 EQUITY INCENTIVE PLAN (the “Plan”). The Award shall be subject to the terms of the Plan and the terms set forth in this Restricted Stock Award Agreement (“Award Agreement”).