0001212545-20-000104 Sample Contracts

EXECUTIVE RESTRICTED STOCK AGREEMENT
Executive Restricted Stock Agreement • March 2nd, 2020 • Western Alliance Bancorporation • State commercial banks • Arizona

Western Alliance Bancorporation (the "Company") has granted to the Participant (or "you") named in the Notice of Grant of Restricted Stock (the "Grant Notice") to which this Executive Restricted Stock Agreement (the "Agreement") is attached an Award consisting of Restricted Stock subject to the terms and conditions set forth in the Grant Notice and this Agreement. The Award has been granted pursuant to the Western Alliance Bancorporation 2005 Stock Incentive Plan (the "Plan"), as amended to the Grant Date, the provisions of which are incorporated herein by reference. By signing the Grant Notice, the Participant: (a) acknowledges receipt of and represents that the Participant has read and is familiar with the Grant Notice, this Agreement, the Plan and a prospectus for the Plan (the "Plan Prospectus") in the form most recently prepared in connection with the registration with the Securities and Exchange Commission of shares issuable pursuant to the Plan, (b) accepts the Award subject to

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SEPARATION AND RELEASE OF CLAIMS AGREEMENT
Separation and Release of Claims Agreement • March 2nd, 2020 • Western Alliance Bancorporation • State commercial banks • Arizona

This Separation and Release of Claims Agreement ("Agreement") is entered into by and between Western Alliance Bank, an Arizona corporation (the "Employer"), Western Alliance Bancorporation, a Delaware corporation ("WAL"), their subsidiaries and other corporate affiliates and each of their respective employees, officers, directors, owners, shareholders and agents ( collectively referred to herein as the "Employer Group"), and James Haught (the "Employee") (the Employer Group and the Employee are collectively referred to herein as the "Parties").

Re: Executive Participation Agreement
Western Alliance Bancorporation • March 2nd, 2020 • State commercial banks

Western Alliance Bancorporation (the “Company”) has established the Western Alliance Bancorporation Severance and Change in Control Plan (the “Plan”). The Plan provides severance payments and benefits to certain eligible executives in the event of an Involuntary Termination or Qualified Retirement. You are eligible to participate in the Plan.

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