Document:

Unassociated Document

    EMPLOYMENT
AGREEMENT

    

    AGREEMENT effective January 1,
2011 between Glacier Bancorp, Inc., hereinafter called “Company”, and Michael J. Blodnick,
hereinafter called “Executive.”

     

    RECITALS

    

    
      	
              A.

            	
              Executive
      has served as President and
      Chief Executive Officer of the
Company.

            

    

    

    
      	
              B.

            	
              The
      Company desires Executive to continue his
      employment at the Company under the
      terms and
      conditions of this
      Agreement.

            

    

    

    
      	
              C.

            	
              Executive
      desires to continue his
      employment at the Company under the terms and conditions of this
      Agreement.

            

    

     

    AGREEMENT

    

    
      	
              1.

            	
              Employment.
      The Company agrees to employ Executive and Executive accepts
      employment by the Company on the terms
      and conditions set forth in this Agreement. Executive’s title will
      be President and
      Chief Executive Officer of the Company. During the term of this
      Agreement, Executive will serve as a director of the Company and of the
      Banks.

            

    

    

    
      	
              2.

            	
              Term.
      The term of this Agreement (“Term”) is one year, beginning on January 1,
      2011.

            

    

    

    
      	
              3.

            	
              Duties.
      The Company will
      employ Executive as its President and
      Chief Executive Officer. Executive will faithfully and
      diligently perform his
      assigned duties, which include the
      following:

            

    

    

    
      	
               
      

            	
              (a)

            	
              Company
      Performance. Executive will be responsible for all
      aspects of the Company’s performance, including
      without limitation, directing that daily operational and
      managerial matters are
      performed in a manner consistent with the Company’s
      policies.

            

    

    

    
      	
               
      

            	
              (b)

            	
              Development
      and Preservation of Business.
      Executive will be responsible for the development and preservation of
      banking
      relationships and other business development efforts (including
      appropriate civic and
      community
activities).

            

    

    

    
      	
               
      

            	
              (c)

            	
              Report to
      Board. Executive will
      report directly to the Company’s board of directors. The Company’s
      board of directors may, from time to time, modify
      Executive’s title or add, delete, or modify Executive’s performance
      responsibilities to accommodate management succession, as well as any
      other management objectives of the Company. Executive will assume any
      additional positions, duties and responsibilities as may reasonably be
      requested of him with or without additional compensation, as appropriate
      and consistent with Sections 3(a) and 3(b) of this
      Agreement.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
              4.

            	
              Extent
      of Services.
      Executive will devote all of his working time, attention and
      skill to the duties and responsibilities set forth in Section 3. To
      the extent that such activities do not interfere with his duties under
      Section 3, Executive may participate in other businesses as a passive
      investor, but (a) Executive may not actively participate in the operation
      or management of those businesses, and
      (b) Executive may not, without the Company’s prior written consent,
      make or maintain any investment in a business with which the Company or
      its subsidiaries has an existing competitive or commercial
      relationship.

            

    

     

    
      	
              5.

            	
              Company
      Board.
      During the
      term, the Company will use its best efforts to nominate and
      recommend Executive for election to the Company’s board of
      directors.

            

    

     

    
      	
              6.

            	
              Salary.
      Executive will receive an annual salary of $334,183.00, to be paid in
      accordance with the Company’s regular payroll schedule. Subsequent salary
      increases are
      subject to the Company’s annual review of Executive’s compensation
      and performance.

            

    

     

    
      	
              7.

            	
              Incentive
      Compensation. During the Term,
      the Company’s board of directors will determine the amount of
      bonus to be paid by the Company to Executive for that year, if any. In
      making this determination, the Company’s board of directors will consider
      factors such as Executive’s performance of his duties and the safety,
      soundness and
      profitability of the Company. Executive’s bonus will reflect
      Executive’s contribution to the performance of the Company during the
      year, also taking into account the nature and
      extent of incentive bonuses paid to comparable senior officers at
      the Company. This bonus will be paid to Executive no later than January
      31 of the year following the year in which the bonus is earned by
      Executive.

            

    

     

    
      	
              8.

            	
              Income
      Deferral. Executive will be eligible to participate in any program
      available to the Company’s senior management for income deferral, for the
      purpose of deferring receipt of any or all
      of the compensation he may become entitled to under this
      Agreement.

            

    

     

    
      	
              9.

            	
              Vacation
      and Benefits.

            

    

     

    
      	
               
      

            	
              (a)

            	
              Vacation
      and Holidays. Executive will
      receive four weeks of paid vacation each year in addition to all
      holidays observed by the Company and its subsidiaries. Executive may carry
      over, in the aggregate, up to four weeks of unused vacation to a
      subsequent year. Any unused vacation time in excess of four weeks will not
      accumulate or carry over from one calendar year to the next. Each calendar
      year, Executive shall take not less than one (1) week
      vacation.

            

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              (b)

            	
              Benefits.
      Executive will be entitled to participate in any group life insurance,
      disability, health and accident insurance plans, profit sharing and
      pension plans and
      in other employee fringe benefit programs the Company may have in
      effect from time to time for its similarly situated employees, in
      accordance with and subject to any policies adopted by the Company’s board
      of directors with respect to the plans or programs, including without
      limitation, any incentive or employee stock option plan, deferred
      compensation plan, 401(k) plan, and Supplemental Executive Retirement Plan
      (SERP). The Company through this Agreement does not obligate itself to
      make any particular benefits available to its
      employees.

            

    

     

    
      	
               
      

            	
              (c)

            	
              Business
      Expenses. The Company will reimburse Executive for ordinary and
      necessary expenses which are consistent with past practice at the Company
      (including, without limitation, travel, entertainment, and similar
      expenses) and which are
      incurred in performing and
      promoting the Company’s business. Executive will present from time
      to time itemized accounts of these expenses, subject to any limits of the
      Company policy or the rules and
      regulations of the Internal Revenue
      Service.  Reimbursement will be made as soon as practicable but
      no later than the last day of the calendar year following the calendar
      year in which the expenses were incurred.  The amount of
      expenses eligible for reimbursement in one calendar year will not affect
      the amount of expenses eligible for reimbursement in any other calendar
      year.

            

    

     

    
      	
              10.

            	
              Termination
      of Employment.

            

    

     

    
      	
               
      

            	
              (a)

            	
              Termination
      by the Company for Cause. If
      the Company terminates Executive’s employment for Cause (defined
      below) before this Agreement terminates, the Company will
      pay Executive, within 10 business days following his termination of
      employment, the salary earned and
      expenses reimbursable under this Agreement incurred through the
      date of his termination. Executive will have no right to receive
      compensation or other benefits for any period after termination under this
      Section 10(a).

            

    

     

    
      	
               
      

            	
              (b)

            	
              Other
      Termination by the Company. If the Company terminates Executive’s
      employment without Cause before this Agreement terminates, or Executive
      terminates his employment for Good Reason (defined below) before this
      Agreement terminates, the Company will pay Executive a payment having a
      present value equal to the compensation and other benefits he would have
      been entitled to for the remainder of the Term if his employment had not
      terminated.  All payments made pursuant to this Section 10(b)
      shall be completed no later than March 15 of the calendar year following
      the calendar year in which Executive’s employment
      terminates.

            

    

     

    
      	
               
      

            	
              (c)

            	
              Death
      or Disability. This Agreement terminates (1) if Executive dies or
      (2) if Executive is unable to perform his duties and obligations under
      this Agreement for a period of 90 consecutive days as a result of a
      physical or mental disability arising at any time during the
      Term of this Agreement, unless with reasonable accommodation
      Executive could continue to perform his duties under this Agreement and
      making these accommodations would not pose an undue hardship on the
      Company. If termination occurs under this Section 10(c), the Company shall
      pay Executive or his estate, within 10 business days following his
      termination of employment, all
      compensation and benefits earned and expenses reimbursable through
      the date Executive’s employment
  terminated.

            

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              (d)

            	
              Termination
      Related to a Change in Control.  The following provisions
      shall survive the expiration of the Term of this Agreement and the
      termination of Executive’s
  employment.

            

    

     

    
      	
               
      

            	
              (1)

            	
              Termination
      by Company. If the Company, or its successor in interest by merger,
      or its transferee in the event of a purchase in an assumption transaction
      terminates Executive’s employment without Cause, as defined in Section
      10(g): (A) within three (3) years following a Change in Control (as
      defined below); or (B) before a Change in Control but on or after the date
      that any party either
      announces or is required by law to announce any prospective Change in
      Control transaction and a Change in Control occurs within six months after
      the termination, then Bank will provide Executive with the payment and
      benefits described in Section 10(d)(3)
      below.

            

    

     

    
      	
               
      

            	
              (2)

            	
              Termination
      by Executive. If Executive terminates Executive’s employment with
      Good Reason, as defined in Section 10(h), within three (3) years following
      a Change in Control, the Company will provide Executive with the payment
      and benefits described in Section 10(d)(3)
      below.

            

    

     

    
      	
               
      

            	
              (3)

            	
              Payments.
      If Section 10(d)(1)(A) or Section 10(d)(2) is triggered in accordance with
      its terms, the Company will: (i) subject to Sections 10(e) and 10(j)
      below, beginning within 30 days after Executive’s separation from service
      as defined by Treasury Regulation § 1.409A-1(h) (“Separation from
      Service”), pay Executive in 36 substantially equal monthly installments in
      an overall amount equal to 2.99 times the Executive’s annual salary
      (determined as of the day before the date Executive’s employment
      was terminated) and
      (ii) maintain and provide for 2.99 years following Executive’s
      termination, at no cost to Executive, the benefits described in Section
      9(b) to which Executive is entitled (determined as of the day before the
      date of such termination); but if Executive’s participation in any such
      benefit is thereafter barred or not feasible, or discontinued or
      materially reduced, the Company will arrange to provide Executive with
      benefits substantially similar to those benefits or reimburse Executive’s
      out-of-pocket expenses of substantially similar type and
      value.  Subject to Sections 10(e) and 10(j) below, if Section
      10(d)(1)(B) is triggered in accordance with its terms, beginning within 30
      days after a Change in Control, the Company will pay Executive in 36
      substantially equal monthly installments in an overall amount equal to
      2.99 times the Executive’s annual salary (determined on the day before the
      date Executive’s employment was
  terminated).

            

    

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              (e)

            	
              Limitations
      on Payments Related to Change in Control. The following apply
      notwithstanding any other provision of this
      Agreement:

            

    

     

    
      	
               
      

            	
              (1)

            	
              the
      total of the payments and benefits described in Section 10(d)(3) will be
      less than the amount that would cause them to be a “parachute payment”
      within the meaning of Section 280G(b)(2)(A) of the Internal Revenue
      Code;

            

    

     

    
      	
               
      

            	
              (2)

            	
              the
      payment and benefits described in Section 10(d)(3) will be reduced by any
      compensation (in the form of cash or other benefits) received by Executive
      from the Company or its successor after the Change in Control and/or after
      Executive’s termination of employment;
and

            

    

     

    
      	
               
      

            	
              (3)

            	
              Executive’s
      right to receive the payments and benefits described in Section 10(d)(3)
      terminates (i) immediately if before the Change in Control transaction
      closes, Executive terminates his employment without Good Reason, or the
      Company terminates Executive’s employment for Cause, or (ii) three years
      after a Change of Control occurs.

            

    

     

    
      	
               
      

            	
              (f)

            	
              Return
      of Bank Property. If and when Executive ceases, for any
      reason, to be employed by the Company, Executive must return to the
      Company all keys, pass cards, identification cards and any other property
      of the Company. At the same time, Executive also must return to the
      Company all originals and
      copies (whether in memoranda, designs, devices, diskettes, tapes, manuals,
      and specifications) which constitute proprietary or confidential
      information or material of the Company or
      its subsidiaries. The obligations in this paragraph include the
      return of documents and
      other materials which may be in his desk at work, in his car, in
      place of residence, or in any other location under his
      control.

            

    

     

    
      	
               
      

            	
              (g)

            	
              Cause.
      “Cause” means any one or more of the
      following:

            

    

     

    
      
        	
                 
      

              	
                (1)

              	
                Willful
      misfeasance or gross negligence in the performance of Executive’s
      duties;

              
	 	 	 
	 	(2) 	Conviction
      of a crime in connection with his
duties; 

      

    

     

    
      	
               
      

            	
              (3)

            	
              Conduct
      demonstrably and significantly harmful to the Company, as reasonably
      determined on the advice of legal counsel of the Company’s board of
      directors;

            

    

     

    
      	
               
      

            	
              (4)

            	
              Death
      or permanent disability, for purposes of this section permanent disability
      means a physical or mental impairment which renders Executive incapable of
      substantially performing the duties required under this Agreement, and
      which is expected to continue rendering Executive so incapable for the
      reasonably foreseeable future;

            

    

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              (5)

            	
              Any
      other legitimate business reason as determined by the Company’s board of
      directors.

            

    

    

    
      	
               
      

            	
              (h)

            	
              Good Reason.
      Executive terminates employment for “Good Reason” if all four of the
      following criteria are satisfied:

            

    

    

    
      	
               
      

            	
              (1)

            	
              Any
      one or more of the following conditions (each a “Condition”) arises
      without Executive’s consent:

            

    

    

    
      (A)         The
material reduction of Executive’s salary, unless the reduction is generally
applicable to substantially all Company employees (or employees of a successor
or controlling entity of the Company) formerly benefited;

    

    

    
      (B)         The
material diminution in Executive’s authority or duties as they exist on the date
of this Agreement;

    

    

    
      (C)         The
material breach of this Agreement by the Company, or

    

    

    
      (D)         A
material relocation or transfer of Executive’s principal place of employment to
a location outside Flathead County, Montana.

    

    

    
      	
               
      

            	
              (2)

            	
              Executive
      gives notice to the Company of the Condition within 90 days of the initial
      existence of the Condition.

            

    

    

    
      	
               
      

            	
              (3)

            	
              The
      Company fails to reasonably remedy the Condition within 30 days following
      receipt of the notice described in paragraph (2)
  above.

            

    

    

    
      	
               
      

            	
              (4)

            	
              Executive
      terminates employment within 180 days following the initial existence of
      the Condition.

            

    

    

    
      	
               
      

            	
              (i)

            	
              Change in
      Control. “Change in Control” means a change “in the ownership or
      effective control” or “in the ownership of a substantial portion of the
      assets” of the Company, within the meaning of Treas Reg. §
      1.409A-3(i)(5).

            

    

    

    
      	
               
      

            	
              (j)

            	
              Section 409A
      Compliance.  Notwithstanding
      anything in this Agreement to the contrary, if any amounts that become due
      under this Agreement on account of the termination of Executive’s
      employment constitute “nonqualified deferred compensation” within the
      meaning of Code Section 409A, payment of such amounts shall not commence
      until Executive incurs a Separation from Service (as defined in Section
      10(d)(3)).  If, at the time of Executive’s Separation from
      Service under this Agreement, Executive is a “specified employee” (under
      Internal Revenue Code Section 409A), any amount that constitutes
      “nonqualified deferred compensation” within the meaning of Code Section
      409A that becomes payable to Executive on account of Executive’s
      Separation from Service (including any amounts payable pursuant to the
      preceding sentence) will not be paid until after the end of the sixth
      calendar month beginning after Executive’s Separation from Service (the
      “409A Suspension Period”). Within 14 calendar days after the end of the
      409A Suspension Period, Executive shall be paid a lump sum payment in cash
      equal to any payments delayed because of the preceding sentence, together
      with interest on them for the period of delay at a rate not less than the
      average prime interest rate published in the Wall Street Journal on any
      day chosen by the Company during that period. Thereafter, Executive shall
      receive any remaining payments as if there had not been an earlier
      delay.

            

    

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    
      	
              11.

            	
              Confidentiality.
      Executive will not, after the date this Agreement was signed, including
      during and after its Term, use for his own purposes
      or disclose to any other person or entity any confidential business
      information concerning the Company or its business operations or that of
      its subsidiaries, unless (1) the Company consents to the use or disclosure
      of confidential information; (2) the use or disclosure is consistent with
      Executive’s duties under this Agreement, or (3) disclosure is required by
      law or court order. For purposes of this Agreement, confidential business
      information includes, without limitation, trade secrets (as defined under
      the Montana Uniform Trade Secrets Act, Montana Code §30-14-402), various
      confidential information on investment management practices, marketing
      plans, pricing structure and technology of either the Company or its
      subsidiaries. Executive will also treat the terms of this Agreement as
      confidential business
information.

            

    

     

    
      	
              12.

            	
              Noncompetition. During
      the Term of this Agreement and
      for a period of three years after Executive’s employment with the
      Company has terminated, Executive will not, directly or indirectly, as a
      shareholder, director, officer, employee, proprietor, partner, member,
      agent, consultant, lessor, creditor or
      otherwise:

            

    

     

    
      	
               
      

            	
              (a)

            	
              provide
      management, supervisory or other similar services to any person or entity
      engaged in any business in counties in which the Company or its
      subsidiaries may have a presence which is competitive with the business of
      the Company or a subsidiary as conducted during the term of this Agreement
      or as conducted as of the date of termination of employment, including any
      preliminary steps associated with the formation of a new
    bank.

            

    

     

    
      	
               
      

            	
              (b)

            	
              persuade
      or entice, or attempt to persuade or entice any employee of the Company or
      a subsidiary to terminate his/her employment with the Company or a
      subsidiary.

            

    

     

    
      	
               
      

            	
              (c)

            	
              persuade
      or entice or attempt to persuade or entice any person or entity to
      terminate, cancel, rescind or revoke its business or contractual
      relationships with the Company or its
  subsidiaries.

            

    

     

    
      	
              13.

            	
              Enforcement.

            

    

     

    
      	
               
      

            	
              (a)

            	
              The
      Company and
      Executive stipulate that, in light of all of the facts and
      circumstances of the relationship between Executive and the Company, the
      agreements referred to in Sections 11 and 12 (including without limitation
      their scope, duration and geographic extent) are fair and reasonably
      necessary for the protection of the Company and its subsidiaries
      confidential information, goodwill and other protectable interests. If a
      court of competent jurisdiction should decline to enforce any of those
      covenants and agreements, Executive and the Company request the court to
      reform these provisions to restrict Executive’s use of confidential
      information and Executive’s ability to compete with the Company to the
      maximum extent, in time, scope of activities and geography, the court
      finds enforceable.

            

    

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              (b)

            	
              Executive
      acknowledges the Company will suffer immediate and irreparable harm that
      will not be compensable by damages alone if Executive repudiates or
      breaches any of the provisions of Sections 11 or 12 or threatens or
      attempts to do so. For this reason, under these circumstances, the
      Company, in addition to and
      without limitation of any other rights, remedies or damages
      available to it at law or in equity, will be entitled to obtain temporary,
      preliminary and
      permanent injunctions in order to prevent or restrain the breach,
      and
      the Company will not be required to post a bond as a condition for
      the granting of this relief.

            

    

     

    
      	
              14.

            	
              Covenants.
      Executive specifically acknowledges the receipt of adequate
      consideration for the covenants contained in Sections 11 and 12 and that
      the Company is entitled to require him to comply with these Sections.
      These Sections will survive termination of this Agreement. Executive
      represents that if his employment is terminated, whether voluntarily or
      involuntarily, Executive has experience and capabilities sufficient to
      enable Executive to obtain employment in areas which do not violate this
      Agreement and that the Company’s enforcement of a remedy by way of
      injunction will not prevent Executive from earning a
      livelihood.

            

    

     

    
      	
              15.

            	
              Jury
      Waiver.  THE
      PARTIES TO THIS AGREEMENT ACKNOWLEDGE AND UNDERSTAND THAT ARTICLE II,
      SECTION 26 OF THE MONTANA CONSTITUTION PROVIDES THE RIGHT TO A TRIAL BY
      JURY.  THE
      PARTIES FURTHER ACKNOWLEDGE AND UNDERSTAND THAT BY WAIVING THEIR RIGHT TO
      A TRIAL BY JURY ANY LITIGATION SUBJECT TO THIS JURY WAIVER WILL BE DECIDED
      SOLELY BY THE JUDGE ASSIGNED TO THE CASE.  BEING
      FULLY AWARE OF THEIR CONSTITUTIONAL RIGHT TO A TRIAL BY JURY, THE PARTIES
      HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT TO A TRIAL
      BY JURY IN RESPECT OF ANY LITIGATION ARISING OUT OF, UNDER OR IN
      CONNECTION WITH THIS AGREEMENT, OR ANY COURSE OF CONDUCT, COURSE OF
      DEALING, STATEMENT (WHETHER
      VERBAL OR WRITTEN) OR ACTION OF EITHER PARTY OR ANY EXERCISE BY ANY PARTY
      OF THEIR RESPECTIVE RIGHTS UNDER THIS AGREEMENT (INCLUDING, WITHOUT
      LIMITATION, ANY ACTION TO RESCIND OR CANCEL THIS AGREEMENT, AND ANY CLAIM
      OR DEFENSE ASSERTING THAT THIS AGREEMENT WAS FRAUDULENTLY INDUCED OR IS
      OTHERWISE VOID OR
VOIDABLE).

            

    

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    

    
      	
              16.

            	
              Miscellaneous
      Provisions.

            

    

     

    
      	
               
      

            	
              (a)

            	
              Entire
      Agreement. This Agreement constitutes the entire understanding and
      agreement between the parties concerning its subject matter and supersedes
      all
      prior agreements, correspondence, representations, or
      understandings between the parties relating to its subject
      matter.

            

    

     

    
      	
               
      

            	
              (b)

            	
              Binding
      Effect. This Agreement will bind and inure to the benefit of the
      Company’s, its subsidiaries’ and
      Executive’s heirs, legal representatives, successors and
      assigns.

            

    

     

    
      
        	 	
                (c)

              	
                Litigation
      Expenses. In
      the event of any dispute or legal or equitable action arising from this
      Agreement, the prevailing party shall be entitled to all
      of its out-of-pocket expenses and
      costs including, without limitation, reasonable attorneys’ fees and
      costs.

              

      

    

     

    
      	
               
      

            	
              (d)

            	
              Waiver.
      The failure of any party to insist upon strict performance of any of the
      terms and provisions of this Agreement shall not be construed as a waiver
      or relinquishment of any such terms or conditions or of any other term or
      condition and the same shall be and remain in full force and
      effect.  Any waiver by a party of its rights under this
      Agreement must be written and signed by the party waiving its rights. A
      party’s waiver of the other party’s breach of any provision of this
      Agreement will not operate as a waiver of any other breach by the
      breaching party.

            

    

     

    
      	
               
      

            	
              (e)

            	
              Assignment.
      The services to be rendered by Executive under this Agreement are unique
      and
      personal. Accordingly, Executive may not assign any of his rights
      or duties under this
Agreement.

            

    

     

    
      	
               
      

            	
              (f)

            	
              Amendment.
      This Agreement may be modified only through a written instrument signed by
      both parties.

            

    

     

    
      	
               
      

            	
              (g)

            	
              Severability.
      The provisions of this Agreement are severable. The invalidity of any
      provision will not affect the validity of other provisions of this
      Agreement.

            

    

     

    
      	
               
      

            	
              (h)

            	
              Governing
      Law and
      Venue.
      This Agreement will be governed by and construed in accordance with
      Montana law, except to the extent that certain regulatory matters may be
      governed by federal law. The parties must bring any legal proceeding
      arising out of this Agreement in Flathead County,
      Montana.

            

    

     

    
      	
               
      

            	
              (i)

            	
              Counterparts.
      This
      Agreement may be executed in one or more counterparts, each of
      which shall be deemed to be an original, but all of which taken together
      will constitute one and
      the same
instrument.

            

    

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    

    Signed
this 29th day of
December, 2010.

    

    
      
        
          
            	
                    GLACIER
      BANCORP, INC.

                  
	 
      	 
      
	
                    By:

                  	/s/
      Everit A. Sliter  
	 
      	
                    Everit
      A. Sliter,
Chairman

                  

          

        

      

    

    

    
      
        
          	
                  Attest:

                
	 
      	 
      
	
                  By:

                	/s/
      LeeAnn Wardinsky  
	 
      	
                  LeeAnn
      Wardinsky, Secretary

                

        

      

    

    

    
      
        
          
            	
                    EXECUTIVE

                  
	 
      	 
      
	
                    By:

                  	/s/ Michael
      J. Blodnick
	 
      	
                    Michael
      J. Blodnick

                  

          

        

      

    

    
      
         

      

      
        10Unassociated Document

    EMPLOYMENT
AGREEMENT

    

    AGREEMENT effective
January 1, 2011 between Glacier Bancorp, Inc., hereinafter called
“Company” and Ron J. Copher, hereinafter called
“Executive.”

    

    RECITALS

    

    
      	
              A.

            	
              Executive
      has served as Senior Vice President and Chief Financial Officer of the
      Company.

            

    

     

    
      	
              B.

            	
              The
      Company desires Executive to continue his
      employment at the Company under the
      terms and
      conditions of this
      Agreement.

            

    

     

    
      	
              C.

            	
              Executive
      desires to continue his
      employment at the Company under the terms and conditions of this
      Agreement.

            

    

    

    AGREEMENT

    

    
      	
              1.

            	
              Employment.
      The Company agrees to employ Executive and Executive accepts employment by
      the Company on the terms and conditions set forth in this Agreement.
      Executive’s title will be Senior Vice President and Chief Financial
      Officer of the
Company.

            

    

     

    
      	
              2.

            	
              Term.
      The term of this Agreement (“Term”) is one year, beginning January 1,
      2011.

            

    

     

    
      	
              3.

            	
              Duties.
      The Company will employ Executive as its Senior Vice President and Chief
      Financial Officer. Executive will faithfully and
      diligently perform his assigned duties, which include the
      following:

            

    

     

    
      	
               
      

            	
              (a)

            	
              Chief
      Financial Officer.  The Executive shall have such duties
      and responsibilities as assigned by the Company's President and Chief
      Executive Officer, which shall be customary for Chief Financial Officers
      of comparable publicly reporting
  companies.

            

    

     

    
      	
               
      

            	
              (b)

            	
              Report
      to Board. Executive will
      report directly to the Company’s President and
      Chief Executive Officer. The Company’s board of directors may, from
      time to time, modify Executive’s title or add, delete, or modify
      Executive’s performance responsibilities to accommodate management
      succession, as well as any other management objectives of the Company.
      Executive will assume any additional positions, duties and
      responsibilities as may reasonably be requested of him
      with or without additional compensation, as appropriate and
      consistent with Sections 3(a) and 3(b) of this
      Agreement.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
              4.

            	
              Extent
      of Services. Executive will
      devote all
      of his working time, attention and
      skill to the duties and responsibilities set forth in Section 3. To
      the extent that such activities do not interfere with his duties under
      Section 3, Executive may participate in other businesses as a passive
      investor, but (a) Executive may not actively participate in the operation
      or management of those businesses, and (b) Executive may not, without the
      Company’s prior written consent, make or maintain any investment in a
      business with which the Company or its subsidiaries has an existing
      competitive or commercial
  relationship.

            

    

     

    
      	
              5.

            	
              Salary.
      Executive will receive an annual salary of $205,602.00, to be paid in
      accordance with the Company’s regular payroll schedule. Subsequent salary
      increases are subject to the Company’s annual review of Executive’s
      compensation and
performance.

            

    

     

    
      	
              6.

            	
              Incentive
      Compensation. During
      the Term, the Company’s board of directors will determine the
      amount of bonus to be paid by the Company to Executive for that
      year, if any. In making this determination, the Company’s board of
      directors will consider factors such as Executive’s performance of his
      duties and the safety, soundness and
      profitability of the Company. Executive’s bonus will reflect
      Executive’s contribution to the performance of the Company during the
      year. This bonus will be paid to Executive no later than January 31 of the
      year following the year in which the bonus is earned by
      Executive.

            

    

     

    
      	
              7.

            	
              Income
      Deferral.
      Executive will be eligible to participate in any program
      available to the Company’s senior management for income deferral,
      for the purpose of deferring receipt of any or all
      of the compensation he may become entitled to under this
      Agreement.

            

    

     

    
      	
              8.

            	
              Vacation
      and Benefits.

            

    

     

    
      	
               
      

            	
              (a)

            	
              Vacation
      and Holidays. Executive will receive four weeks of paid vacation
      each year in addition to all holidays observed by the Company and its
      subsidiaries. Executive may carry over, in the aggregate, up to four weeks
      of unused vacation to a subsequent year. Any unused vacation time in
      excess of four weeks will not accumulate or carry over from one calendar
      year to the next. Each calendar year, Executive shall take not less than
      one (1) week
vacation.

            

    

     

    
      	
               
      

            	
              (b)

            	
              Benefits.
      Executive will be entitled to participate in any group life insurance,
      disability, health and
      accident insurance plans, profit sharing and
      pension plans and in other employee fringe benefit programs the
      Company may have in effect from time to time for its similarly
      situated employees, in accordance with and
      subject to any policies adopted by the Company’s board of directors
      with respect to the plans or programs, including without limitation, any
      incentive or employee stock option plan, deferred compensation plan,
      401(k) plan, and
      Supplemental Executive Retirement Plan (SERP). The Company through
      this Agreement does not obligate itself to make any particular benefits
      available to its
employees.

            

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              (c)

            	
              Business
      Expenses. The Company will reimburse Executive for ordinary and
      necessary expenses which are consistent with past practice at the
      Company (including, without limitation, travel, entertainment, and
      similar expenses) and which are incurred in performing and
      promoting the Company’s business. Executive will present from time
      to time itemized accounts of these expenses, subject to any limits of the
      Company policy or the rules and
      regulations of the Internal Revenue
      Service.  Reimbursement will be made as soon as practicable but
      no later than the last day of the calendar year following the calendar
      year in which the expenses were incurred.  The amount of
      expenses eligible for reimbursement in one calendar year will not affect
      the amount of expenses eligible for reimbursement in any other calendar
      year.

            

    

     

    
      	
              9.

            	
              Termination
      of Employment.

            

    

     

    
      	
               
      

            	
              (a)

            	
              Termination
      by the Company for Cause. If the Company terminates Executive’s
      employment for Cause (defined below) before this Agreement terminates, the
      Company will pay Executive, within 10 business days following his
      termination of employment, the salary earned and expenses reimbursable
      under this Agreement incurred through the date of his termination.
      Executive will
      have no right to receive compensation or other benefits for any
      period after termination under this Section
      9(a).

            

    

     

    
      	
               
      

            	
              (b)

            	
              Other
      Termination by the Company. If the Company terminates Executive’s
      employment without Cause before this Agreement terminates, or Executive
      terminates his employment for Good Reason (defined below) before this
      Agreement terminates, the Company will
      pay Executive a payment having a present value equal to the
      compensation and other benefits he would have been entitled to for the
      remainder of the term if his employment had not terminated.  All
      payments made pursuant to this Section 9(b) shall be completed no later
      than March 15 of the calendar year following the calendar year in which
      Executive’s employment
terminates.

            

    

     

    
      	
               
      

            	
              (c)

            	
              Death
      or Disability. This Agreement terminates (1) if Executive dies or
      (2) if Executive is unable to perform his duties and obligations under
      this Agreement for a period of 90 consecutive days as a result of a
      physical or mental disability arising at any time during the term of this
      Agreement, unless with reasonable accommodation Executive could continue
      to perform his duties under this Agreement and
      making these accommodations would not pose an undue hardship on the
      Company. If termination occurs under this Section 9(c), the Company shall
      pay Executive or his estate, within 10 business days following his
      termination of employment, all
      compensation and
      benefits earned and expenses reimbursable through the date
      Executive’s employment
terminated.

            

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      	
              (d)

            	
              Termination
      Related to a Change in Control.  The following provisions
      shall survive the expiration of the Term of this Agreement and the
      termination of Executive’s
  employment.

            

    

     

    
      	
               
      

            	
              (1)

            	
              Termination
      by Company. If the Company, or its successor in interest by merger,
      or its transferee in the event of a purchase in an assumption transaction
      terminates Executive’s employment without Cause, as defined in Section
      9(g); (A) within
      2 years following a Change in Control (as defined below); or (B)
      before a Change in Control but on or after the date that any party either
      announces or is required by law to announce any prospective Change in
      Control transaction and
      a Change in Control occurs within six months after the termination,
      the Bank will provide Executive with the
      payment and
      benefits described in Section 9(d)(3)
      below.

            

    

     

    
      	
               
      

            	
              (2)

            	
              Termination
      by Executive. If Executive terminates Executive’s employment with
      Good Reason, within two years following a Change in Control, the Company
      will provide Executive with the payment and
      benefits described in Section
  9(d)(3).

            

    

     

    
      	
               
      

            	
              (3)

            	
              Payments.
      If Section 9(d)(1)(A) or Section 9(d)(2) is triggered in accordance with
      its terms, the Company will: (i) subject to Sections 9(e) and 9(j) below,
      beginning within 30 days after Executive’s separation from service as
      defined by Treasury Regulation § 1.409A-1(h) (“Separation from Service”),
      pay Executive in 24 substantially equal monthly installments in an overall
      amount equal to two times the Executive’s annual salary (determined as of
      the day before the date Executive’s employment was terminated) and (ii)
      maintain and provide for 2 years following Executive’s termination, at no
      cost to Executive, the benefits described in Section 8(b) to which
      Executive is entitled (determined as of the day before the date of such
      termination); but if Executive’s participation in any such benefit is
      thereafter barred or not feasible, or discontinued or materially reduced,
      the Company will arrange to provide Executive with benefits substantially
      similar to those benefits or reimburse Executive’s out-of-pocket expenses
      of substantially similar type and value.  Subject to Sections
      9(e) and 9(j) below, if Section 9(d)(1)(B) is triggered in accordance with
      its terms, beginning within 30 days after a Change in Control, the Company
      will pay Executive in 24 substantially equal monthly installments in an
      overall amount equal to two times the Executive’s annual salary
      (determined on the day before the date Executive’s employment was
      terminated).

            

    

     

    
      	
               
      

            	
              (e)

            	
              Limitations
      on Payments Related to Change in Control. The following apply
      notwithstanding any other provision of this
  Agreement:

            

    

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              (1)

            	
              the
      total of the
      payments and
      benefits described in Section 9(d)(3) will be less than the amount
      that would cause them to be a “parachute payment” within the
      meaning of Section 280G(b)(2)(A) of the Internal Revenue
    Code;

            

    

     

    
      	
               
      

            	
              (2)

            	
              the
      payment and benefits described in Section 9(d)(3) will be reduced by any
      compensation (in the form of cash or other benefits) received by Executive
      from the Company or its successor after the Change in Control and/or after
      Executive’s termination of employment;
and

            

    

     

    
      	
               
      

            	
              (3)

            	
              Executive’s
      right to receive the
      payments and benefits described in Section 9(d)(3) terminates (i)
      immediately if before the Change in Control transaction closes, Executive
      terminates his employment without Good Reason, or the Company terminates
      Executive’s employment for Cause, or (ii) two years after a Change of
      Control occurs.

            

    

     

    
      	
               
      

            	
              (f)

            	
              Return
      of Bank Property. If and when Executive ceases, for any reason, to
      be employed by the Company, Executive must return to the Company all keys,
      pass cards, identification cards and any other property of the Company. At
      the same time, Executive also must return to the Company all
      originals and
      copies (whether in memoranda, designs, devices, diskettes, tapes,
      manuals, and specifications) which constitute proprietary or confidential
      information or material of the Company or its subsidiaries. The
      obligations in this paragraph include the return of documents and other
      materials which may be in his desk at work, in his car, in place of
      residence, or in any other location under his
      control.

            

    

     

    
      	
               
      

            	
              (g)

            	
              Cause.
      “Cause” means any one or more of the
    following:

            

    

     

    
      	
               
      

            	
              (1)

            	
              Willful
      misfeasance or gross
      negligence in the performance of Executive’s
  duties;

            

    

     

    
      	
               
      

            	
              (2)

            	
              Conviction
      of a crime in connection with his
duties;

            

    

     

    
      	
               
      

            	
              (3)

            	
              Conduct
      demonstrably and significantly harmful to the Company, as reasonably
      determined on the advice of legal counsel of the Company’s board of
      directors;

            

    

     

    
      	
               
      

            	
              (4)

            	
              Death
      or permanent disability, for purposes of this section permanent disability
      means a physical or mental impairment which renders Executive incapable of
      substantially performing the duties required under this
      Agreement, and which is expected to continue rendering Executive so
      incapable for the reasonably foreseeable future;
  or

            

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              (5)

            	
              Any
      other legitimate business reason as determined by the Company’s board of
      directors.

            

    

     

    
      	
               
      

            	
              (h)

            	
              Good
      Reason. Executive terminates employment for “Good Reason” if all
      four of the following criteria are
  satisfied:

            

    

     

    
      	
               
      

            	
              (1)

            	
              Any
      one or more of the following conditions (each a “Condition”) arises
      without Executive’s consent:

            

    

     

    
      (A)           The
material reduction of Executive’s salary, unless the reduction is generally
applicable to substantially all
Company employees (or employees of a successor or controlling entity of
the Company) formerly benefitted;

    

     

    (B)           The
material diminution in Executive’s authority or duties as they exist on the date
of this Agreement;

     

    
      (C)           The
material breach of this Agreement by the Company, or

    

     

    
      (D)           A
material relocation or transfer of Executive’s principal place of employment to
a location outside Flathead County, Montana.

    

     

    
      	
               
      

            	
              (2)

            	
              Executive
      gives notice to the Company of the Condition within 90 days of the initial
      existence of the Condition.

            

    

     

    
      	
               
      

            	
              (3)

            	
              The
      Company fails to reasonably remedy the Condition within 30 days following
      receipt of the notice described in paragraph (2)
  above.

            

    

     

    
      	
               
      

            	
              (4)

            	
              Executive
      terminates employment within 180 days following the initial existence of
      the Condition.

            

    

     

    
      	
               
      

            	
              (i)

            	
              Change
      in Control. “Change in Control” means a change in the ownership or
      effective control, or in the ownership of a substantial portion of the
      assets, of the Company, within the meaning of Treas Reg. §
      1.409A-3(i)(5).

            

    

     

    
      	
               
      

            	
              (j)

            	
              Section
      409A Compliance.  Notwithstanding
      anything in this Agreement to the contrary, if any amounts that become due
      under this Agreement on account of the termination of Executive’s
      employment constitute “nonqualified deferred compensation” within the
      meaning of Code Section 409A, payment of such amounts shall not commence
      until Executive incurs a Separation from Service (as defined in Section
      9(d)(3)).  If, at the time of Executive’s Separation from
      Service under this Agreement, Executive is a “specified employee” (under
      Internal Revenue Code Section 409A), any amount that constitutes
      “nonqualified deferred compensation” within the meaning of Code Section
      409A that becomes payable to Executive on account of Executive’s
      Separation from Service (including any amounts payable pursuant to the
      preceding sentence) will not be paid until after the end of the sixth
      calendar month beginning after Executive’s Separation from Service (the
      “409A Suspension Period”). Within 14 calendar days after the end of the
      409A Suspension Period, Executive shall be paid a lump sum payment in cash
      equal to any payments delayed because of the preceding sentence, together
      with interest on them for the period of delay at a rate not less than the
      average prime interest rate published in the Wall Street Journal on any
      day chosen by the Company during that period. Thereafter, Executive shall
      receive any remaining payments as if there had not been an earlier
      delay.

            

    

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    
      	
              10.

            	
              Confidentiality.
      Executive will not, after the date this Agreement was signed, including
      during and after its Term, use for his own
      purposes or disclose to any other person or entity any confidential
      business information concerning the Company or its business operations or
      that of its subsidiaries, unless (1) the Company consents to the use or
      disclosure of confidential information; (2) the use or disclosure is
      consistent with Executive’s duties under this Agreement, or (3) disclosure
      is required by law or court order. For purposes of this Agreement,
      confidential business information includes, without limitation, trade
      secrets (as defined under the Montana Uniform
      Trade Secrets Act, Montana Code §30-14-402), various confidential
      information on investment management practices, marketing plans, pricing
      structure and
      technology of either the Company or its subsidiaries. Executive
      will also treat the terms of this Agreement as confidential business
      information.

            

    

     

    
      	
              11.

            	
              Noncompetition.
      During the Term of this Agreement and for a period of two years after
      Executive’s employment with the Company has terminated, Executive will
      not, directly or indirectly, as a shareholder, director, officer,
      employee, proprietor, partner, member, agent, consultant, lessor, creditor
      or otherwise:

            

    

     

    
      	
               
      

            	
              (a)

            	
              provide
      management, supervisory or other similar services to any person or entity
      engaged in any business in counties in which the Company or its
      subsidiaries may have a presence which is competitive with the business of
      the Company or a subsidiary as conducted during the term of this Agreement
      or as conducted as of the date of termination of employment, including any
      preliminary steps associated with the formation of a new
    bank.

            

    

     

    
      	
               
      

            	
              (b)

            	
              persuade
      or entice, or attempt to persuade or entice any employee of the Company or
      a subsidiary to terminate his/her employment with the Company or a
      subsidiary.

            

    

     

    
      	
               
      

            	
              (c)

            	
              persuade
      or entice or attempt to persuade or entice any person or entity to
      terminate, cancel, rescind or revoke its business or contractual
      relationships with the Company or its
  subsidiaries.

            

    

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    
      	
              12.

            	
              Enforcement.

            

    

     

    
      	
               
      

            	
              (a)

            	
              The
      Company and
      Executive stipulate that, in light of all of the facts and
      circumstances of the relationship between Executive and the Company, the
      agreements referred to in Sections 10 and 11 (including without limitation
      their scope, duration and geographic extent) are
      fair and reasonably necessary for the protection of the Company and
      its subsidiaries confidential information, goodwill and other protectable
      interests. If a court of competent jurisdiction should decline to enforce
      any of those covenants and
      agreements, Executive and the Company request the court to reform
      these provisions to restrict Executive’s use of
      confidential information and Executive’s ability to compete with the
      Company to the maximum extent, in time, scope of activities and geography,
      the court finds enforceable.

            

    

     

    
      	
               
      

            	
              (b)

            	
              Executive
      acknowledges the Company will suffer immediate and irreparable harm that
      will not be compensable by damages alone if Executive repudiates or
      breaches any of the provisions of Sections 10 or 11 or threatens or
      attempts to do so. For this reason, under these circumstances, the
      Company, in addition to and without limitation of any other rights,
      remedies or damages available to it at law or in equity, will be entitled
      to obtain temporary, preliminary and
      permanent injunctions in order to prevent or restrain the breach,
      and
      the Company will not be required to post a bond as a condition for
      the granting of this relief.

            

    

     

    
      	
              13.

            	
              Covenants.
      Executive specifically acknowledges the receipt of adequate
      consideration for the covenants contained in Sections 10 and 11 and that
      the Company is entitled to require him
      to comply with these Sections. These Sections will survive
      termination of this
      Agreement. Executive represents that if his employment is
      terminated, whether voluntarily or involuntarily, Executive has experience
      and capabilities sufficient to enable Executive to obtain employment in
      areas which do not violate this Agreement and that the Company’s
      enforcement of a remedy by way of injunction will not prevent Executive
      from earning a
livelihood.

            

    

     

    
      	
              14.

            	
              Jury
      Waiver.  THE
      PARTIES TO THIS AGREEMENT ACKNOWLEDGE AND UNDERSTAND THAT ARTICLE II,
      SECTION 26 OF THE MONTANA CONSTITUTION PROVIDES THE RIGHT TO A TRIAL BY
      JURY.  THE
      PARTIES FURTHER ACKNOWLEDGE AND UNDERSTAND THAT BY WAIVING THEIR RIGHT TO
      A TRIAL BY JURY ANY LITIGATION SUBJECT TO THIS JURY WAIVER WILL BE DECIDED
      SOLELY BY THE JUDGE ASSIGNED TO THE CASE.  BEING
      FULLY AWARE OF THEIR CONSTITUTIONAL RIGHT TO A TRIAL BY JURY, THE PARTIES
      HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT TO A TRIAL
      BY JURY IN RESPECT OF ANY LITIGATION ARISING OUT OF, UNDER OR IN
      CONNECTION WITH THIS AGREEMENT, OR ANY COURSE OF CONDUCT, COURSE OF
      DEALING, STATEMENT (WHETHER
      VERBAL OR WRITTEN) OR ACTION OF EITHER PARTY OR ANY EXERCISE BY ANY PARTY
      OF THEIR RESPECTIVE RIGHTS UNDER THIS AGREEMENT (INCLUDING, WITHOUT
      LIMITATION, ANY ACTION TO RESCIND OR CANCEL THIS AGREEMENT, AND ANY CLAIM
      OR DEFENSE ASSERTING THAT THIS AGREEMENT WAS FRAUDULENTLY INDUCED OR IS
      OTHERWISE VOID OR
VOIDABLE).

            

    

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

     

    
      	
              15.

            	
              Miscellaneous
      Provisions.

            

    

     

    
      	
               
      

            	
              (a)

            	
              Entire
      Agreement. This Agreement constitutes the entire understanding and
      agreement between the parties concerning its subject matter and
      supersedes all prior agreements, correspondence, representations,
      or understandings between the parties relating to its subject
      matter.

            

    

     

    
      	
               
      

            	
              (b)

            	
              Binding
      Effect. This Agreement will bind and inure to the benefit of the
      Company’s, its subsidiaries’ and Executive’s heirs, legal representatives,
      successors and
assigns.

            

    

     

    
      	
               
      

            	
              (c)

            	
              Litigation
      Expenses.  In the event of any dispute or legal or
      equitable action arising from this Agreement, the prevailing party shall
      be entitled to all
      of its out-of-pocket expenses and
      costs including, without limitation, reasonable attorneys’ fees and
      costs.

            

    

     

    
      	
               
      

            	
              (d)

            	
              Waiver.
      The failure of any party to insist upon strict performance of any of the
      terms and provisions of this Agreement shall not be construed as a waiver
      or relinquishment of any such terms or conditions or of any other term or
      condition and the same shall be and remain in full force and
      effect.  Any waiver by a party of its rights under this
      Agreement must be written and signed by the party waiving its rights. A
      party’s waiver of the other party’s breach of any provision of this
      Agreement will not operate as a waiver of any other breach by the
      breaching party.

            

    

     

    
      	
               
      

            	
              (e)

            	
              Assignment.
      The services to be rendered by Executive under this Agreement are
      unique and personal. Accordingly, Executive may not assign any of
      his rights or duties under this
  Agreement.

            

    

     

    
      	
               
      

            	
              (f)

            	
              Amendment.
      This Agreement may be modified only through a written instrument signed by
      both parties.

            

    

     

    
      	
               
      

            	
              (g)

            	
              Severability.
      The provisions of this Agreement are severable. The invalidity of any
      provision will not affect the validity of other provisions of this
      Agreement.

            

    

     

    
      	
               
      

            	
              (h)

            	
              Governing
      Law and Venue. This Agreement will be governed by and
      construed in accordance with Montana law, except to the extent that
      certain regulatory matters may be governed by federal law. The parties
      must bring any legal proceeding arising out of this
      Agreement in Flathead County,
  Montana.

            

    

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              (i)

            	
              Counterparts.
      This Agreement may be executed in one or more counterparts, each of which
      shall be deemed to be an original, but all of which taken together will
      constitute one and the same
  instrument.

            

    

    

    Signed
this 29th day of
December, 2010.

    

    
      
        
          
            	
                    GLACIER
      BANCORP, INC.

                  
	 
      	 
      
	
                    By:

                  	/s/
      Michael
      J. Blodnick
	 
      	
                    Michael
      J. Blodnick

                  
	 
      	
                    President/CEO

                  

          

        

      

    

    

    
      
        
          	
                  Attest:

                
	 
      
	
                  By:

                	/s/
      LeeAnn
      Wardinsky
	 
      	
                  LeeAnn
      Wardinsky

                
	 
      	
                  Secretary

                

        

      

    

    

    
      
        
          
            	
                    EXECUTIVE

                  
	 
      
	
                    By:

                  	/s/
      Ron
      J. Copher  
	 
      	
                    Ron
      J. Copher

                  

          

        

      

    

    
      
         

      

      
        10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00182-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00182-of-00352.parquet"}]]