0001193125-05-240130 Sample Contracts

TERMINATION AGREEMENT
Termination Agreement • December 9th, 2005 • Prosperity Bancshares Inc • State commercial banks

This Termination Agreement (the “Termination Agreement”) is made and entered into effective as of December 8, 2005, by and among PROSPERITY BANK, a Texas banking association, and PROSPERITY BANCSHARES, INC., having principal places of business at 1301 North Mechanic Street, El Campo, Texas and Prosperity Bank Plaza, 4295 San Felipe, Houston, Texas 77027, respectively (collectively referred to as “Employers”), and D. MICHAEL HUNTER, who resides at 33 Curlew, Rockport, Texas (referred to as “Employee” or “Director”). Each of the Employers and Employee is a “Party” and, collectively, they are sometimes referred to herein as the “Parties.”

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NON-COMPETITION AGREEMENT
Non-Competition Agreement • December 9th, 2005 • Prosperity Bancshares Inc • State commercial banks • Texas

This Non-Competition Agreement (the “Agreement”) is made this 8th day of December, 2005, by and among PROSPERITY BANK, a Texas banking association, and PROSPERITY BANCSHARES, INC., having principal places of business at 1301 North Mechanic Street, El Campo Texas and Prosperity Bank Plaza, 4295 San Felipe, Houston, Texas, respectively (collectively referred to as the “Companies”), and D. MICHAEL HUNTER, currently Vice Chairman of Prosperity Bancshares and a Director of Prosperity Bank (referred to as “Director”), who resides at 33 Curlew Drive, Rockport, Texas. Each of the Companies and Director is a “Party” and, collectively, they are sometimes referred to herein as the “Parties.”

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