Skagit State Bancorp, Inc. Sample Contracts

CHANGE IN CONTROL SEVERANCE AGREEMENT
Change in Control Severance Agreement • March 27th, 2008 • Skagit State Bancorp, Inc. • State commercial banks • Washington

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (“Agreement”) is entered into by and between SKAGIT STATE BANCORP, INC., a Washington corporation (“Bancorp”), its wholly owned subsidiary SKAGIT STATE BANK, a Washington state-chartered bank (the “Bank”), and CARLA TUCKER, the Chief Financial Officer of Bancorp and the Bank (“Executive”), effective as of November 20, 2007.

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CHANGE IN CONTROL SEVERANCE AGREEMENT
Change in Control Severance Agreement • November 13th, 2006 • Skagit State Bancorp, Inc. • Blank checks • Washington

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (“Agreement”) is entered into by and between SKAGIT STATE BANCORP, INC., a Washington corporation (“Bancorp”), its wholly owned subsidiary SKAGIT STATE BANK, a Washington state-chartered bank (the “Bank”), and RICHARD C. HUMPHREY, the Executive Vice President and Chief Credit Officer of the Bank (“Executive”), effective as of August 15, 2006.

SKAGIT STATE BANCORP, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • November 14th, 2006 • Skagit State Bancorp, Inc. • Blank checks • Washington

RESTRICTED STOCK AGREEMENT (“Agreement”) entered into by and between Skagit State Bancorp, Inc., a Washington corporation (“Bancorp”), and the Grantee named below, on ______________, _______.

SKAGIT STATE BANCORP, INC. STOCK OPTION AGREEMENT
Skagit State Bancorp, Inc. Stock Option Agreement • November 14th, 2006 • Skagit State Bancorp, Inc. • Blank checks • Washington

STOCK OPTION AGREEMENT (“Agreement”) entered into by and between Skagit State Bancorp, Inc., a Washington corporation (“Bancorp”), and the Optionee named below, on , .

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