Document:

Unassociated Document

    

    

    North
      Central Bancshares, Inc.

    2006
      Stock Incentive Plan

    Restricted
      Stock Award Notice-Directors

    

    

    
      	 	 	 	 	                       
                
              -              
              -
	
              Name
                of Award Recipient

            	 	 	 	
              Social
                Security Number

            
	 
	
              Street
                Address

            	 	 	 	 
	 	 	 	 	 
	
              City

            	 	
              State

            	 	
              ZIP
                Code

            

    

     

    This
      Restricted Stock Award Notice is intended to set forth the terms and conditions
      on which a Restricted Stock Award has been granted under the North Central
      Bancshares, Inc. 2006 Stock Incentive Plan. Set forth below are the specific
      terms and conditions applicable to this Restricted Stock Award. Attached as
      Exhibit A are its general terms and conditions.

    

    
      	
               

              Restricted
                Stock Award

            	 
	
               

              Effective
                Date

            	
              April
                27, 2007

            
	
               

              Class
                of Shares*

            	
              Common

            
	
               

              No.
                of Awarded Shares*

            	 
	
               

              Type
                of Award (Escrow or Legended Certificate)

            	
              Legended
                Certificate

            
	
              Vesting
                Date*

            	
              April
                27, 2008

              If
                meeting attendance conditions are
                satisfied

            

    

    

        *Subject
      to adjustment as provided in the Plan.

    

    By
      signing where indicated below, North Central Bancshares, Inc. (the “Company”)
      grants this Restricted Stock Award upon the specified terms and conditions,
      and
      the Restricted Stock Award Recipient acknowledges receipt of this Restricted
      Stock Award Notice, including Exhibit A, and agrees to observe and be bound
      by
      the terms and conditions set forth herein. This Restricted Stock Award is
      effective whether or not the Award Recipient signs this document.

    

    
      	
              North
                Central Bancshares, Inc.

            	 	
              Award
                Recipient

            
	 	 	 
	 	 	 
	
              By

            	 	 	 
	
                     
                Name

            	 	Print
              Name:
	
                     
                Title:

            	 	 
	 	 	 
	 

    

     

    Instructions:
      This
      Restricted Stock Award Notice should be completed by or on behalf of the
      Compensation Committee. Any blank space intentionally left blank should be
      crossed out. A Restricted Stock Award consists of shares granted with uniform
      terms and conditions. Where shares granted under a Restricted Stock Award are
      awarded on the same date with varying terms and conditions (for example, varying
      vesting dates), the awards should be recorded as a series of grants each with
      its own uniform terms and conditions.

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    

    

    North
      Central Bancshares, Inc. 2006 Stock Incentive Plan

    

    Restricted
      Stock Award Notice-Directors

    

    General
      Terms and Conditions

    

    Section
      1. Size
      and Type of Award.
      The
      shares of Common Stock, par value $.01 per share, of North Central Bancshares,
      Inc. ("Shares") covered by this Restricted Stock Award ("Awarded Shares") are
      listed on the Restricted Stock Award Notice. The Restricted Stock Award Notice
      designates the Awarded Shares as either “Escrow” or “Legended
      Certificate.”

     

    (a)
      Legended
      Certificate.  If your
      Awarded Shares are designated “Legended Certificate,” a stock certificate (or
      equivalent book entry account) evidencing the Awarded Shares will be issued
      in
      your name and held in escrow by the Committee or its designee (“Plan Trustee”).
      The stock certificate will bear a legend indicating that it is subject to all
      of
      the terms and conditions of this Restricted Stock Award Notice and the North
      Central Bancshares, Inc. 2006 Stock Incentive Plan (“Plan”). You may elect to be
      taxed on the fair market value of the Awarded Shares as of the date they are
      placed in your name, pursuant to section 83(b) of the Internal Revenue Code
      of
      1986. You must make this election in writing, in the manner required by
      applicable Internal Revenue Service Regulations, and file it with the Internal
      Revenue Service and the Company within 30 days after the date on which the
      Awarded Shares are transferred into your name.

     

    (b)
      Escrow. If
      your
      Awarded Shares are designated “Escrow,” a certificate (or equivalent book-entry
      account) evidencing your Awarded Shares will be issued in the name of the
      Compensation Committee of North Central Bancshares, Inc., or another escrow
      agent selected by the compensation committee, pending the vesting of the Awarded
      Shares. You will not have the ability to elect to be taxed on the value of
      the
      Awarded Shares in the year they are awarded.

    

    Section
      2. Vesting.

     

    (a)
      Vesting
      Dates.
      The
      Vesting Date(s) for your Awarded Shares are specified on the Restricted Stock
      Award Notice. On each Vesting Date, you will obtain unrestricted ownership of
      the Awarded Shares that vest on that Vesting Date. A stock certificate
      evidencing unrestricted ownership of vested Awarded Shares will be transferred
      to you. 

    

    (b)
      Vesting
      Conditions.

    

    (i)
      In order
      to be 100% vested in your Awarded Shares on the Vesting Date, you must serve
      as
      a director of North Central Bancshares, Inc. and/or First Federal Savings Bank
      of Iowa continuously through the Vesting Date and you must have attended, in
      person or by other permitted means of attendance, at least seventy-five percent
      (75%) of the total number of meetings of the Board of Directors and its
      committees on which you serve that are held during the period beginning on
      the
      Effective Date and ending on the Vesting Date shown on the Restricted Stock
      Award Notice. If you attend fewer than seventy-five percent (75%) of such
      meetings, only a portion of your Awarded Shares will vest. Such portion will
      be
      equal to a fraction, the numerator of which is the number of meetings actually
      attended during this period and the denominator of which is the total number
      of
      meetings requiring your attendance held during this period and will be rounded
      to the nearest whole share.

    

    (ii)
      If your
      service as a director terminates within six months before the Vesting Date
      as a
      result of your death or Disability (as defined in the Plan), all of the Awarded
      Shares will vest as of the date of termination of service. 

    

    (iii)
      In the
      event of a Change in Control (as defined in the Plan) before the Vesting Date,
      all of your Awarded Shares will vest as of the date of the Change in
      Control.

    

    (iv)
      If your
      service as a director terminates before the Vesting Date in circumstances not
      covered by (ii)
      or
      (iii)
      above,
      no
      portion of your Awarded Shares will vest.

    

    (c)
      Forfeitures.
      If
      you
      terminate service with the Company prior to a Vesting Date and the circumstances
      in Section 2(b)(ii) or (iii) do not apply, you will forfeit any Awarded Shares
      that are not vested. When you forfeit Awarded Shares, all of your interest
      in
      those Awarded Shares will be canceled without consideration (other than a refund
      in an amount equal to the lesser of the amount (if any) you paid for the Awarded
      Shares being forfeited and the fair market value of such Awarded Shares on
      the
      date of forfeiture) and any stock certificate or other evidence of ownership
      must be returned to the Plan Trustee to be used for future awards to others.
      You
      agree to take any action and execute and deliver any document that the Company
      requests to effect the return of your unvested Awarded Shares. In the event
      you
      do not cooperate with the Company in this regard, you hereby appoint and
      designate the Company as your attorney-in-fact for the purpose of taking any
      action and signing any document, in your name, which the Company determines
      is
      necessary to enforce the forfeiture.

    

     Section
      3. Dividends.
      Any
      dividends or distributions declared and paid with respect to your Awarded Shares
      that are paid in cash will be paid to you when paid to other shareholders of
      record. Any dividends in the form of extra Shares or other property will be
      held
      and accumulated, pending vesting, for distribution to you at the same time
      and
      subject to the same terms and conditions as the underlying Shares. 

     

    Section
      4. Voting
      Rights.
      You
      shall
      have the right to control all voting rights relating to all unvested Awarded
      Shares. If your Awarded Shares are Legended Certificates, you will receive
      proxy
      materials for voting in the same manner as other shareholders with Shares in
      brokerage accounts. If your unvested Awarded Shares are held by the Plan
      Trustee, the Plan Trustee will ask you for voting directions and will follow
      your directions in voting your unvested Awarded Shares.

     

    Section
      5. Taxes.
      Where
      any person is entitled to receive Shares pursuant to the Awarded Shares granted
      hereunder, the Company shall have the right to require such person to pay to
      the
      Company the amount of any tax which the Company is required to withhold with
      respect to such Shares, or, in lieu thereof, to retain, or to sell without
      notice, a sufficient number of Shares to cover the amount required to be
      withheld. 

    

    Section
      6. Notices.
      Any
      communication required or permitted to be given under the Plan, including any
      notice, direction, designation, comment, instruction, objection or waiver,
      shall
      be in writing and shall be deemed to have been given at such time as it is
      delivered personally or five (5) days after mailing if mailed, postage prepaid,
      by registered or certified mail, return receipt requested, addressed to such
      party at the address listed below, or at such other address as one such party
      may by written notice specify to the other party:

    

    If
      to the
      Company:     North
      Central Bancshares, Inc.

    c/o
      First
      Federal Savings Bank of Iowa

    825
      Central Ave

    Fort
      Dodge, Iowa 50501

    Attention:
      Corporate Secretary

    

    If
      to the
      Recipient, to the Recipient's address as shown in the Company's
      records.

    

    Section
      7. Restrictions
      on Transfer.
      The
      Awarded Shares granted hereunder shall not be transferable by you other than
      by
      will or by the laws of descent and distribution and the Shares granted pursuant
      to this Restricted Stock Award Notice shall be distributable, during your
      lifetime, only to you. To name a Beneficiary, complete the attached Appendix
      A
      and file it with the Corporate Secretary of North Central Bancshares, Inc.
      

    

    Section
      8. Successors and Assigns.
      This
      Restricted Stock Award Notice shall inure to the benefit of and shall be binding
      upon the Company and you and the Company’s and your respective heirs, successors
      and assigns. 

    

    Section
      9. Construction of Language.
      Whenever
      appropriate in the Restricted Stock Award Notice, words used in the singular
      may
      be read in the plural, words used in the plural may be read in the singular,
      and
      words importing the masculine gender may be read as referring equally to the
      feminine or the neuter. “You” means the Award Recipient named on the Restrictive
      Stock Award Notice. Any reference to a section shall be a reference to a section
      of this Restricted Stock Award Notice, unless the context clearly indicates
      otherwise. Capitalized terms not specifically defined herein shall have the
      meanings assigned to them under the Plan, as amended from time to
      time.

    

    Section
      10. Governing Law.
      This
      Restricted Stock Award Notice shall be construed, administered and enforced
      according to the laws of the State of Iowa without giving effect to the conflict
      of laws principles thereof, except to the extent that such laws are preempted
      by
      the federal law. The federal and state courts located in the County of Webster
      shall have exclusive jurisdiction over any claim, action, complaint or lawsuit
      brought under the terms of the Plan. By accepting any Awarded Shares granted
      under this Restricted Stock Award Notice, you, and any other person claiming
      any
      rights under the Restricted Stock Award Notice, agree to submit yourself or
      himself, and any such legal action as you or he shall bring under the Plan,
      to
      the sole jurisdiction of such courts for the adjudication and resolution of
      any
      such disputes. 

    

    Section
      11. Amendment.
      This
      Restricted Stock Award Notice may be amended, in whole or in part and in any
      manner not inconsistent with the provisions of the Plan, at any time and from
      time to time, by written agreement between the Company and you.

    

    Section
      12. Plan
      Provisions Control.
      This
      Restricted Stock Award Notice and the rights and obligations created hereunder
      shall be subject to all of the terms and conditions of the Plan. In the event
      of
      any conflict between the provisions of the Plan and the provisions of this
      Restricted Stock Award Notice, the terms of the Plan, which are incorporated
      herein by reference, shall control. By signing this Restricted Stock Award
      Notice, you acknowledge receipt of a copy of the Plan. You acknowledge that
      you
      may not and will not rely on any statement of account or other communication
      or
      document issued in connection with the Plan other than the Plan, this Restricted
      Stock Award Notice, and any document signed by an authorized representative
      of
      the Company that is designated as an amendment of the Plan or this Restricted
      Stock Award Notice.

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    

      Appendix
        A to Restricted Stock Award Notice

      North
        Central Bancshares, Inc. 2006 Stock Incentive Plan

      Beneficiary
        Designation Form - Restricted Stock Award

      

      
        	
                GENERAL

                INFORMATION

              	
                Use
                  this form to designate the Beneficiary(ies) who may receive Restricted
                  Stock Awards that become vested at your
                  death.

              

      

      

      
        	
                Name
                  of Person Making
                  Designation

              	 	
                Social
                  Security Number

              	 

      

      

      
        	
                BENEFICIARY

                DESIGNATION

              	
                Complete
                  sections A and B. If no percentage of shares is specified, each
                  Beneficiary in the same class (primary or contingent) shall have
                  an equal
                  share. If any designated Beneficiary predeceases you, the shares
                  of each
                  remaining Beneficiary in the same class (primary or contingent)
                  shall be
                  increased proportionately.

              

      

       

      
        	
                A.
                  PRIMARY BENEFICIARY(IES).
                  I
                  hereby designate the following person(s) as my primary Beneficiary(ies)
                  under the Plan, reserving the right to change or revoke this designation
                  at any time prior to my death as to all outstanding Awarded
                  Shares:

              

      

      

      

      
        	
                Name

              	 	
                Address

              	 	
                Relationship

              	 	
                Birthdate

              	 	
                Share

              	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	
                %

              
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	
                %

              
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	
                %

              
	 	 	 	 	 	 	 	 	
                Total   
                  =             
                   100

              	
                %

              

      

       

      
        	
                B.
                  CONTINGENT BENEFICIARY(IES).
                  I
                  hereby designate the following person(s) as my contingent Beneficiary(ies)
                  under the Plan to receive benefits only if all of my primary Beneficiaries
                  should predecease me, reserving the right to change or revoke this
                  designation at any time prior to my death as to all outstanding
                  Awarded
                  Shares:

              

      

       

      
        	
                Name

              	 	
                Address

              	 	
                Relationship

              	 	
                Birthdate

              	 	
                Share

              	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	
                %

              
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	
                %

              
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	
                %

              
	 	 	 	 	 	 	 	 	
                Total   
                  =              
                  100

              	
                %

              

      

       

      
        	
                S

                I

                G

                N

              	
                H

                E

                R

                E

              	
                I
                  understand that this Beneficiary Designation shall be effective
                  only if
                  properly completed and received by the Corporate Secretary of North
                  Central Bancshares, Inc. prior to my death, and that it is subject
                  to all
                  of the terms and conditions of the Plan. I also understand that
                  an
                  effective Beneficiary designation revokes my prior designation(s)
                  with
                  respect to all outstanding Restricted Stock
                  Awards.

              

      

      

      
        	 	 	 	 
	 	
                Your
                  Signature

              	 	
                Date

              
	 	 	 	 

      

      

      ----------------------------------------------------
        Internal Use Only
        ------------------------------------------------------------

      

      

        
          	
                  This
                    Beneficiary Designation was received by the Corporate Secretary
                    of North
                    Central Bancshares, Inc. on the date indicated.

                	
                  Comments

                
	 	 
	
                  By

                	 	 	 	 
	
                  Authorized
                    Signature

                	 	
                  DateUnassociated Document

    EXHIBIT
      4.1 

    

    
      	
              Nomura
                LoanID

            	 	
              GMAC
                LoanID

            
	
              171584748

            	 	
              281584748

            
	
              171601380

            	 	
              360104120

            
	
              171601544

            	 	
              360105378

            
	
              171601599

            	 	
              360105576

            
	
              171601758

            	 	
              360106934

            
	
              171601778

            	 	
              360106463

            
	
              171601815

            	 	
              360106715

            
	
              171601867

            	 	
              360102530

            
	
              171624882

            	 	
              281624882

            
	
              171624965

            	 	
              281624965

            
	
              171640186

            	 	
              281640186

            
	
              171640196

            	 	
              281640196

            
	
              171641585

            	 	
              281641585

            
	
              171655104

            	 	
              281655104

            
	
              171710394

            	 	
              281710394

            
	
              171718371

            	 	
              281718371

            
	
              171748550

            	 	
              281748550

            
	
              171777265

            	 	
              281777265

            
	
              171813849

            	 	
              281813849

            
	
              171644525

            	 	
              281644525

            
	
              171450849

            	 	
              281450849

            
	
              171500284

            	 	
              281500284

            
	
              171551790

            	 	
              281551790

            
	
              171551791

            	 	
              281551791

            
	
              171573025

            	 	
              280079620

            
	
              171601389

            	 	
              360103994

            
	
              171601400

            	 	
              360104350

            
	
              171601427

            	 	
              360102000

            
	
              171601490

            	 	
              360105343

            
	
              171601571

            	 	
              360105739

            
	
              171601688

            	 	
              360106371

            
	
              171601810

            	 	
              360106565

            
	
              171601898

            	 	
              360104222

            
	
              171611072

            	 	
              359282818

            
	
              171612453

            	 	
              281612453

            
	
              171640148

            	 	
              281640148

            
	
              171640156

            	 	
              281640156

            
	
              171651545

            	 	
              281651545

            
	
              171718359

            	 	
              281718359

            
	
              171744884

            	 	
              281744884

            
	
              171802661

            	 	
              281802661

            
	
              171813851

            	 	
              281813851

            
	
              171601436

            	 	
              360104462

            
	
              171616419

            	 	
              281616419

            
	
              171710437

            	 	
              281710437

            
	
              171749457

            	 	
              282849457

            
	
              171601600

            	 	
              360105647

            
	
              171601637

            	 	
              360106321

            
	
              171601675

            	 	
              360106104

            
	
              171624877

            	 	
              281624877

            
	
              171624966

            	 	
              281624966

            
	
              171640142

            	 	
              281640142

            
	
              171647062

            	 	
              280079650

            
	
              171780367

            	 	
              281780367

            
	
              171807271

            	 	
              281807271

            
	
              171810155

            	 	
              281810155

            
	
              171192245

            	 	
              281192245

            
	
              171329695

            	 	
              280079001

            
	
              171601645

            	 	
              360105195

            
	
              171601849

            	 	
              360106868

            
	
              171611092

            	 	
              359283061

            
	
              171625026

            	 	
              281625026

            
	
              171639988

            	 	
              281639988

            
	
              171655076

            	 	
              281655076

            
	
              171683126

            	 	
              281683126

            
	
              171807566

            	 	
              281807566

            
	
              171601494

            	 	
              360105294

            
	
              171601604

            	 	
              360106250

            
	
              171601964

            	 	
              360107014

            
	
              171624854

            	 	
              281624854

            
	
              171644471

            	 	
              281644471

            
	
              171744862

            	 	
              281744682

            
	
              171748983

            	 	
              281748983

            
	
              171752545

            	 	
              280079734

            
	
              171780409

            	 	
              280079743

            
	
              170829267

            	 	
              280829267

            
	
              171063461

            	 	
              281063461

            
	
              171458410

            	 	
              281458410

            
	
              171490877

            	 	
              281490877

            
	
              171584913

            	 	
              281584913

            
	
              171601452

            	 	
              360104377

            
	
              171615206

            	 	
              281615206

            
	
              171624930

            	 	
              281624930

            
	
              171643090

            	 	
              281643090

            
	
              171745517

            	 	
              281745517

            
	
              171748559

            	 	
              281748559

            
	
              171498446

            	 	
              281498446

            
	
              171527940

            	 	
              281527940

            
	
              171601931

            	 	
              360106353

            
	
              171655062

            	 	
              281655062

            
	
              171655067

            	 	
              281655067

            
	
              171611081

            	 	
              359282878

            
	
              171601962

            	 	
              360106994

            
	
              171611117

            	 	
              359282963

            
	
              171683121

            	 	
              281683121

            
	
              171601622

            	 	
              360105979

            
	
              171643092

            	 	
              281643092

            
	
              171624903

            	 	
              281624903

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}]]