0000939057-13-000550 Sample Contracts

FS BANCORP, INC. INCENTIVE STOCK OPTION AWARD AGREEMENT
Incentive Stock Option Award Agreement • December 20th, 2013 • FS Bancorp, Inc. • Savings institutions, not federally chartered

This Incentive Stock Option Award (“ISO”) is granted by FS Bancorp, Inc. (“Corporation”) to [Name] (“Option Holder”) in accordance with the terms of this Incentive Stock Option Award Agreement (“Agreement”) and subject to the provisions of the FS Bancorp, Inc. 2013 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.

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RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • December 20th, 2013 • FS Bancorp, Inc. • Savings institutions, not federally chartered

This Restricted Stock Award (“Restricted Stock Award”) is granted by FS Bancorp, Inc. (“Corporation”) to [Name] (“Grantee”) in accordance with the terms of this Restricted Stock Award Agreement (“Agreement”) and subject to the provisions of the FS Bancorp, Inc. 2013 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.

Sample 1
FS BANCORP, INC. NON-QUALIFIED STOCK OPTION AWARD AGREEMENT
Non-Qualified Stock Option Award Agreement • December 20th, 2013 • FS Bancorp, Inc. • Savings institutions, not federally chartered

This Non-Qualified Stock Option Award (“NQSO”) is granted by FS Bancorp, Inc. (“Corporation”) to [Name] (“Option Holder”) in accordance with the terms of this Non-Qualified Stock Option Award Agreement (“Agreement”) and subject to the provisions of the FS Bancorp, Inc. 2013 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.

Sample 1
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