Northwest Indiana Bancorp Stock Appreciation Rights Award Agreement Sample Contracts

NORTHWEST INDIANA BANCORP STOCK APPRECIATION RIGHTS AWARD AGREEMENT
Northwest Indiana Bancorp Stock Appreciation Rights Award Agreement • August 13th, 2008 • Northwest Indiana Bancorp • Savings institution, federally chartered • Indiana

This Stock Appreciation Rights Award Agreement (the “Agreement”) has been entered into as of the day of , 20 between NorthWest Indiana Bancorp, Inc., an Indiana corporation (the “Company”) and an [employee/director] of the Company or one of its affiliates (the “Participant”), pursuant to the Company’s 2004 Amended and Restated Stock Option and Incentive Plan (the “Plan”). Capitalized terms used herein and not defined have the meanings set forth in the Plan.

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