Document:

EX-10.1

 Exhibit 10.1 
 VOTING AGREEMENT 
 This Voting Agreement (“Voting
Agreement”), dated as of March 27, 2013, is among Glacier Bancorp, Inc., (“GBCI”), North Cascades National Bank (“North Cascades Bank”) and North Cascades Bancshares, Inc. (the “Holding
Company”), and the undersigned, each of whom is a director of North Cascades Bank or the Holding Company and/or a principal shareholder of the Holding Company (a “Shareholder”). This Voting Agreement will be effective upon
the signing of the Merger Agreement (defined below). 
 RECITAL 

As an inducement for GBCI, North Cascades Bank and the Holding Company to enter into the Plan and Agreement of Merger (the
“Merger Agreement”) dated as of the date hereof, whereby, among other things, the Holding Company will merge with and into GBCI, and North Cascades Bank will merge into GBCI’s wholly-owned subsidiary, Glacier Bank (the
“Merger”), each of the Shareholders, for such Shareholder and his, her or its heirs and legal representatives, hereby agrees as follows: 
 AGREEMENT 
  

	1.	Voting and other matters. Each Shareholder will vote or cause to be voted all shares of the Holding Company’s common stock that such Shareholder
beneficially owns, with power (other than in a fiduciary capacity for non-immediate family members) to vote or direct the voting of (the “Shares”), in favor of approval of the Merger Agreement and the Merger. In addition, each
Shareholder who is a director of the Holding Company (“Director”) will (a) recommend to the shareholders of the Holding Company that they approve the Merger Agreement, and (b) refrain from any actions or omissions
inconsistent with the foregoing, except as otherwise required by law, including, without limitation, the Directors’ fiduciary duties to the Holding Company and its shareholders. 

 

	2.	Beneficial Ownership. On the date hereof, the Shares set forth opposite such Shareholder’s name on Attachment A hereto (the “Owned
Shares”) are owned of record or beneficially by Shareholder in the manner reflected thereon, include all of the Shares owned of record or beneficially by Shareholder and are free and clear of any proxy or voting restriction, claims, liens,
encumbrances and security interests, except (if applicable) as set forth on Attachment A hereto, which encumbrances or other items do not affect in any respect the ability of Shareholder to perform Shareholder’s obligations hereunder. As
of the date hereof Shareholder has, and at any meeting of the Holding Company’s shareholders in connection with the Merger Agreement and the transactions contemplated thereby, Shareholder (together with any such entity) will have (except as
otherwise permitted by this Agreement), sole voting power (to the extent such securities have voting power) and sole dispositive power with respect to all of the Owned Shares, except as otherwise reflected on Attachment A.

	3.	No Transfer. Until the earlier of the consummation of the Merger or the termination of the Merger Agreement, no Shareholder may sell, transfer, permit a
lien or other encumbrance to be created with respect to, or grant any proxy in respect of (except for proxies solicited by the board of directors of the Holding Company in connection with the Holding Company shareholders’ meeting at which the
Merger is presented for shareholder approval) any Shares, unless all other parties to any such sale or other transaction enter into an agreement in form and substance satisfactory to GBCI embodying the benefits and rights contained in this Voting
Agreement. 

  

	4.	Individual Obligations. Obligations of each Shareholder under this Voting Agreement are intended to be several and not joint. 

 

	5.	Shareholder’s Representation. Each Shareholder who is a Director of the Holding Company represents and warrants, severally and not jointly, that to
such Shareholder’s actual knowledge, the shareholders listed as signatories to this Voting Agreement comprise all of the Directors; the Directors’ spouses and minor children; and trustees of any trusts for the benefit of the foregoing who
have the power to direct the voting of Shares who own Shares individually or jointly with a Director. 

  

	6.	Miscellaneous. 

  

	 	a.	Severability. If any provision of this Voting Agreement or the application of such provision to any person or circumstances will be held invalid or unenforceable
by a court of competent jurisdiction, such provision or application will be unenforceable only to the extent of such invalidity or unenforceability, and the remainder of the provision held invalid or unenforceable and the application of such
provision to persons or circumstances, other than the party as to which it is held invalid, and the remainder of this Voting Agreement, will not be affected. 

 

	 	b.	Counterparts. This Voting Agreement may be executed in one or more counterparts, including facsimile counterparts, each of which will be deemed an original, but
all of which taken together will constitute one and the same document. 

  

	 	c.	Governing Law. This Voting Agreement will be deemed a contract made under, and for all purposes will be construed in accordance with, the laws of the State of
Montana. Venue of any legal action or proceeding between the parties related to this Voting Agreement shall be in Kalispell, Montana, and each of the parties consents to the personal jurisdiction of the courts of the State of Montana and the federal
courts located in Montana. Each Shareholder agrees not to claim that Kalispell, Montana, is an inconvenient place for trial. 

  

	 	e.	Remedies. Any breach of this Voting Agreement entitles GBCI and the Holding Company to injunctive relief and/or specific performance, as well as any other legal
or equitable remedies to which GBCI may be entitled. 

  
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	 	f.	Defined Terms. Unless otherwise defined herein, capitalized terms used in this Voting Agreement have the meaning assigned to them in the Merger Agreement.

  

	 	g.	Termination of Agreement. The Voting Agreement shall be effective from the date hereof and shall terminate and be of no further force and effect upon the earlier
of (i) the Effective Time; or (ii) the termination of the Merger Agreement in accordance with its terms. 

Signatures appear on following page. 

  
 3 

 This Voting Agreement is signed as of March 27, 2013. 

 

									
	GLACIER BANCORP, INC.	 		 	NORTH CASCADES BANCSHARES, INC.
					
	By:	 	  
	 		 	By:	 	  

		 	Michael J. Blodnick	 		 		 	Scott C. Anderson
	Its:	 	President & Chief Executive Officer	 		 	Its:	 	President and Chief Executive Officer
				
		 		 		 	NORTH CASCADES NATIONAL BANK
					
		 		 		 	By:	 	  

		 		 		 		 	Scott C. Anderson
		 		 		 	Its:	 	President and Chief Executive Officer

 SIGNATURE PAGE TO VOTING AGREEMENT 

 SHAREHOLDERS: 
  

					
	  
	 		 	  

	[            ]	 		 	[            ]
			
	  
	 		 	  

	[            ]	 		 	[            ]
			
	  
	 		 	  

	[            ]	 		 	[            ]
			
	  
	 		 	  

	[            ]	 		 	[            ]

  
 5EX-10.2

 Exhibit 10.2 
 DIRECTOR AND PRINCIPAL SHAREHOLDER NON-COMPETITION AGREEMENT 
 This
Director and Principal Shareholder Non-Competition Agreement (“Non-Competition Agreement”), dated as of March 27, 2013, is made by and among North Cascades National Bank (“North Cascades Bank”), North
Cascades Bancshares, Inc. (the “Holding Company”), Glacier Bancorp, Inc. (“GBCI”), and the undersigned, each of whom is a director of North Cascades Bank or the Holding Company (“Director”) and/or a
principal shareholder of the Holding Company (“Shareholder”). This Non-Competition Agreement takes effect on the effective date of the proposed Merger (the “Effective Date”) referenced below. 

RECITALS 
  

	A.	The Holding Company and North Cascades Bank have entered into a Plan and Agreement of Merger (the “Merger Agreement”) dated as of the date hereof, with
GBCI. Pursuant to the terms of the Merger Agreement, the Holding Company will merge with and into GBCI, and North Cascades Bank will be merged with and into GBCI’s wholly-owned subsidiary, Glacier Bank (the “Merger”).

  

	B.	The parties to this Non-Competition Agreement believe that the future success and profitability of GBCI and North Cascades Bank, as a division of Glacier Bank,
following the Merger require that the Directors and Shareholders (collectively, the “Signatories”) not be affiliated in any substantial way with a Competing Business (as defined herein) for a reasonable period of time after the
closing of the Merger and/or, in the case of a Director, termination of such Director’s status as a director of North Cascades Bank, a division of Glacier Bank (the “Division”). 

AGREEMENT 
 In consideration of the parties’ performance under the Merger Agreement, the Signatories agree as follows: 
  

	1.	Definitions. Capitalized terms not defined in this Non-Competition Agreement have the meaning assigned to those terms in the Merger Agreement. The
following definitions also apply to this Non-Competition Agreement: 

  

	 	a.	Competing Business. “Competing Business” means any financial institution or trust company (including without limitation, any start-up or other
financial institution or trust company in formation) or holding company thereof that competes or will compete within the Covered Area with GBCI or any of its subsidiaries, divisions or affiliates. 

	 	b.	Covered Area. “Covered Area” means the Chelan County, Douglas County, Grant Count and Okanogan County, Washington, or any other county in the
State of Washington into which GBCI expands during the term of this Agreement. 

  

	 	c.	Term. “Term” means the period of time beginning on the Effective Date and ending on the later of (i) two (2) years after the Effective
Date or (ii) two (2) years following termination of such Director’s service on the Board of Directors of the Division. 

  

	2.	Participation in Competing Business. Except as provided in Section 5 or 6, during the Term, no Signatory may become involved with a Competing
Business or serve, directly or indirectly, a Competing Business in any manner, including without limitation, (a) as a shareholder, member, partner, director, officer, manager, investor, organizer, founder, employee, consultant, agent, or
representative, or (b) during the organization and pre-opening phases in the formation of a Competing Business. 

  

	3.	No Solicitation. During the Term, no Signatory may, directly or indirectly, solicit or attempt to solicit (a) any employees of GBCI’s
subsidiaries, divisions or affiliates to participate, as an employee or otherwise, in any manner in a Competing Business, or (b) any customers of GBCI’s subsidiaries, divisions or affiliates to transfer their business to a Competing
Business. Solicitation prohibited under this section includes solicitation by any means, including, without limitation, meetings, letters or other mailings, electronic communications of any kind, and internet communications.

  

	4.	Confidential Information. During and after the Term, the Signatories will not disclose any confidential information of the Holding Company, North Cascades
Bank, GBCI or GBCI’s subsidiaries, divisions or affiliates obtained by such person except in accordance with a judicial or other governmental order. 

  

	5.	Outside Covered Area. Nothing in this Non-Competition Agreement prevents a Signatory from becoming involved with, as a shareholder, member, partner,
director, officer, manager, investor, organizer, founder, employee, consultant, agent, representative, or otherwise, with a financial institution that has no operations in the Covered Area. 

 

	6.	Passive Interest. Notwithstanding anything to the contrary contained herein, nothing in this Non-Competition Agreement will prevent a Signatory from
owning 5% or less of any class of security of a Competing Business. 

  

	7.	Remedies. Any breach of this Non-Competition Agreement by a Signatory will entitle Glacier Bank, the Division and GBCI, together with their successors and
assigns, to injunctive relief and/or specific performance, as well as to any other legal or equitable remedies they may be entitled to. 

  
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	8.	Governing Law, Venue and Enforceability. This Non-Competition Agreement is governed by, and will be interpreted in accordance with, the laws of the State
of Montana. The parties must bring any legal proceeding arising out of this Non-Competition Agreement in Kalispell, Montana. If any court determines that the restrictions set forth in this Non-Competition Agreement are unenforceable, then the
parties request such court to reform these provisions to the maximum restrictions, term, scope or geographical area that such court finds enforceable. 

  

	9.	Individual Obligations. The obligations of each of the Signatories under this Non-Competition Agreement are intended to be several and not joint.

  

	10.	Counterparts. The parties may execute this Non-Competition Agreement in one or more counterparts, including facsimile counterparts. All the counterparts
will be construed together and will constitute one Agreement. 

 Signatures appear on following page.

  
 3 

 This Director and Principal Shareholder Non-Competition Agreement is executed as of
March 27, 2013. 
  

									
	GLACIER BANCORP, INC.	 		 	NORTH CASCADES BANCSHARES, INC.
					
	By:	 	  
	 		 	By:	 	  

		 	Michael J. Blodnick	 		 		 	Scott C. Anderson
	Its:	 	President & Chief Executive Officer	 		 	Its:	 	President and Chief Executive Officer
				
		 		 		 	NORTH CASCADES NATIONAL BANK
					
		 		 		 	By:	 	  

		 		 		 		 	Scott C. Anderson
		 		 		 	Its:	 	President and Chief Executive Officer
				
		 		 		 	DIRECTOR
					
		 		 		 	By:	 	  

		 		 		 		 	[name]

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