0001167966-05-000454 Sample Contracts

NOTICE
Restricted Stock Award Agreement • March 25th, 2005 • Vail Banks Inc • State commercial banks • Colorado

This Restricted Stock Award Agreement (“Agreement”) will be valid only if the Grantee executes and delivers this Agreement and the attached Stock Power of Attorney to Vail Banks, Inc., Attn: Lisa M. Dillon on or before March ___, 2005.

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