0000916480-07-000157 Sample Contracts

PSB HOLDINGS, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • December 3rd, 2007 • PSB Holdings Inc /Wi/ • State commercial banks • Wisconsin

This Restricted Stock Agreement (“Agreement”) by and between Peoples State Bank, a Wisconsin state banking association (the “Bank”), and ___________ (“Employee”) is made this ___ day of _________, 2007 (hereafter referred to as the “Grant Date”), pursuant to which the Bank grants to the Employee a number of restricted shares of the common stock (the “Restricted Stock”) of PSB Holdings, Inc., a Wisconsin corporation and registered bank holding company with respect to the Bank (the “Company”), subject to the terms and conditions hereinafter set forth.

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PEOPLES STATE BANK EXECUTIVE DEFERRED COMPENSATION AGREEMENT
Compensation Agreement • December 3rd, 2007 • PSB Holdings Inc /Wi/ • State commercial banks • Wisconsin

THIS AGREEMENT is made by and between Peoples State Bank (the “Bank”), a Wisconsin state bank with its principal office in Wausau, Wisconsin, and _________________ (the “Executive”), a key officer employed by the Bank. This Agreement amends and restates that certain Executive Deferred Compensation Agreement, dated __________, by and between the Bank and the Executive.

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