Document:

EX-10.1

 EXHIBIT 10.1 

VOTING AGREEMENT AND IRREVOCABLE PROXY 

This Voting Agreement and Irrevocable Proxy, dated as of November 15, 2016 (this “Voting Agreement”), is made by and
among Glacier Bancorp, Inc. (“GBCI”), TFB Bancorp, Inc. (“TFB”), Mary Lynn Lenz (“Lenz”), as proxy, Tom Dolan (“Substitute”), as substitute proxy, and the undersigned, who is a
director of TFB and the Bank (as defined below) and/or a principal shareholder of TFB (a “Shareholder”). This Voting Agreement will be effective upon the signing of the Merger Agreement (as defined below). 

RECITAL 
 As an
inducement for GBCI, Glacier Bank, The Foothills Bank (the “Bank”), and TFB to enter into the Plan and Agreement of Merger (the “Merger Agreement”) dated November 15, 2016, whereby, among other things, TFB will
merge with and into GBCI (the “Merger”), and the Bank will merge into Glacier Bank, the Shareholder, for such Shareholder and his, her or its heirs and legal representatives, hereby agrees as follows: 

AGREEMENT 
  

	1.	Voting and other matters. 

  

	 	a.	The Shareholder will vote or cause to be voted all shares of TFB’s common stock that such Shareholder beneficially owns, with power to vote or direct the voting of (the “Shares”), in favor of
approval of the Merger Agreement and the Merger. In addition, the Shareholder who is also a director of TFB (“Director”) will (a) recommend to the shareholders of TFB 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 Director’s fiduciary duties to TFB and its shareholders. 

 

	 	b.	In order to better effect the provisions of Section 1.a. of this Agreement, the Shareholder hereby revokes any previously executed proxies and hereby constitutes and appoints Lenz, with full power of substitution,
such Shareholder’s true and lawful proxy and attorney-in-fact (the “Proxy Holder”) to vote at any meeting of the Shareholders of TFB (the
“Meeting”) all of the Shareholder’s Shares in favor of the approval of the Merger and the Merger Agreement and the transactions contemplated therein, with such modifications to the Merger Agreement as the parties thereto may
make; but this proxy will not apply with respect to any vote on the Merger Agreement if the Merger Agreement is modified so as to reduce the amount of consideration or the form of consideration to be received by the Shareholders or the tax
consequences of the receipt thereof under the Merger Agreement in its present form. This irrevocable proxy shall automatically terminate upon termination of this Voting Agreement. 

 

	2.	 Beneficial Ownership. On the date hereof, the Shares set forth 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, 

  
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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 TFB’s shareholders in connection with the Merger Agreement and the transactions contemplated thereby, Shareholder will have
(except as otherwise permitted by this Voting 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.	Proxy. Lenz, by her execution below, hereby appoints Substitute as substitute proxy to act as the Proxy Holder under this Voting Agreement; but appointment of Substitute as Proxy Holder may be revoked by
Lenz at any time upon notice to GBCI. Substitute by signing below as substitute proxy holder, agrees to vote all of the Shareholders’ Shares at any Meeting, in favor of the approval of the Merger Agreement, with such modifications to the Merger
Agreement as the parties thereto may make; but this proxy will not apply with respect to any vote on the Merger Agreement if the Merger Agreement is modified so as to reduce the amount of consideration or the form of consideration to be received by
the Shareholders or the tax consequences of the receipt thereof under the Merger Agreement in its present form. 

  

	4.	Acknowledgements. Shareholder acknowledges that TFB and GBCI are relying on this Voting Agreement in incurring expenses in connection with the transactions contemplated by the Merger Agreement and that the
proxy granted hereby is couple with an interest and is irrevocable to the full extent permitted by applicable law. Shareholder and TFB acknowledge that the performance of this Voting Agreement is intended to benefit GBCI. The vote of the Proxy
Holder will control in any conflict between such vote of the Shares and a vote by the substitute proxy holder or the Shareholder, and TFB agrees to recognize the vote of the Proxy Holder. Lenz may, in her discretion, appoint a substitute Proxy
Holder under this Voting Agreement. The irrevocable proxy granted hereby will continue in effect until this Voting Agreement is terminated in accordance with Section 6(g). 

 

	5.	No Transfer. Until the earlier to occur of (i) the completion of the Merger or (ii) the termination of the Merger Agreement, the Shareholder may not 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 TFB in connection with TFB shareholders’ meeting at which the Merger is presented for shareholder approval)
the Owned Shares, unless (i) 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 or (ii) such
transfer or disposition is solely to satisfy withholding tax obligations applicable to the vesting of restricted shares of stock. 

  

	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 

  
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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.	Reformation. If any court determines that the obligations and restrictions set forth in this Voting Agreement are unenforceable, then the parties request such court to reform any unenforceable provisions to the
maximum obligations or restrictions, term, and scope, as applicable, that such court finds enforceable. 

  

	 	c.	Expenses. Except as otherwise may be agreed in writing, all costs, fees and expenses incurred in connection with this Voting Agreement and the transactions contemplated hereby shall be paid by the party incurring
such costs, fees and expenses. 

  

	 	d.	Amendments; Waivers. Any provision of this Voting Agreement may be amended or waived if, and only if, such amendment or waiver is in writing and signed (i) in the case of an amendment, by GBCI and the
Shareholder to be bound by such amendment, and (ii) in the case of a waiver, by the party against whom the waiver is to be effective. No failure or delay by any party in exercising any right, power, or privilege under this Voting Agreement
shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. 

 

	 	e.	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 Arizona. Venue of any legal action or proceeding
between the parties related to this Voting Agreement shall be in Flathead County, Montana, and the parties consent to the personal jurisdiction of the courts of the State of Montana and the federal courts located in Montana. The Shareholder agrees
not to claim that Flathead County, Montana, is an inconvenient place for trial. 

  

	 	f.	Remedies. Any breach of this Voting Agreement entitles GBCI to injunctive relief and/or specific performance, as well as to any other legal or equitable remedies they may be entitled to, it being agreed that
money damages alone would be inadequate to compensate the non-breaching party would be an inadequate remedy for such breach. The rights and remedies of the parties to this Voting Agreement are cumulative and not alternative. 

 

	 	g.	Termination of Agreement. This Voting Agreement shall be effective from the date hereof and shall terminate and be of no further force and effect upon the earlier to occur of (i) the Effective Time;
(ii) such date and time as termination of the Merger Agreement in accordance with its terms or (iii) upon mutual written agreement of the parties hereto to terminate this Voting Agreement. Upon termination of this Voting Agreement, no
party shall have any further obligations or liabilities under this Voting Agreement. 

  
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	 	h.	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. 

 Signatures appear on following page. 

  
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 This Voting Agreement and Irrevocable Proxy is dated as of the date first written above. 

 

									
	GLACIER BANCORP, INC.	 		 	TFB BANCORP, INC.
					
	By:	 	  
	 		 	By:	 	  

		 	Michael J. Blodnick	 		 		 	Mary Lynn D. Lenz
		 	President and Chief Executive Officer	 		 		 	President and Chief Executive Officer
				
		 		 		 	PROXY HOLDER
				
		 		 		 	  

		 		 		 	Mary Lynn D. Lenz
				
		 		 		 	SUBSTITUTE PROXY HOLDER
				
		 		 		 	  

		 		 		 	Tom Dolan
				
		 		 		 	SHAREHOLDER (If an Individual):
				
		 		 		 	  

		 		 		 	Print Name:                                 
                                         
           
				
		 		 		 	SHAREHOLDER (If a Trust):
				
		 		 		 	Name of Trust
		 		 		 	  

				
		 		 		 	  

		 		 		 	By:
		 		 		 	Print Title:                                 
                                         
             

 [Signature Page to Voting Agreement and Irrevocable Proxy – [Name]] 

 Attachment A 

Shares Beneficially Owned 
  

			
	 Registered Name
	  	No. of Shares
	
                   
                     
	  	                

  
 A-1EX-10.2

 EXHIBIT 10.2 

DIRECTOR 

NON-COMPETITION AGREEMENT 

This Director Non-Competition Agreement, dated as of November 15, 2016 (“Non-Competition Agreement”), is made by and
among Glacier Bancorp, Inc. (“GBCI”), Glacier Bank, a wholly owned subsidiary of GBCI (“Glacier Bank”), and the undersigned directors (severally not jointly), each of whom is a director of The Foothills Bank (the
“Bank”) and TFB Bancorp, Inc. (“TFB”) (each, a “Director”). This Non-Competition Agreement takes effect on the effective date of the proposed Merger (the “Effective Date”)
referenced below. 
 RECITALS 
  

	A.	TFB and the Bank have entered into a Plan and Agreement of Merger dated November 15, 2016 (the “Merger Agreement”) with GBCI and Glacier Bank. Pursuant to the terms of the Merger Agreement, TFB
will merge with and into GBCI, and the Bank will be merged with and into Glacier Bank (collectively the “Merger”), and the former branches of the Bank will operate under the name and as part of a division of Glacier Bank to be known
as “The Foothills Bank, a division of Glacier Bank” (the “Division”). 

  

	B.	The parties to this Non-Competition Agreement believe that the future success and profitability of the Division, following the Merger and the preservation of the value of the business acquired in connection therewith,
require that no Director be affiliated in any substantial way with a Competing Business (as defined herein) for a period of two (2) years from the Effective Date. 

AGREEMENT 
 In
consideration of the parties’ performance under the Merger Agreement, each of the undersigned agrees 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 FDIC insured financial institution, National Credit Union Administration (“NCUA”) regulated 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, the Division or any of GBCI’s subsidiaries,
divisions or affiliates. 

  

	 	b.	Covered Area. “Covered Area” means the Arizona counties of Yuma, Pinal, and Yavapai. 

  

	 	c.	Term. “Term” means the period of time beginning on the Effective Date and ending on the date two (2) years from the Effective Date. 

  
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	2.	Participation in Competing Business. Except as provided in Section 5 or 6, during the Term, the Director may not become involved with a Competing Business in any capacity 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, the Director may not, directly or indirectly, solicit, induce or entice, or attempt to solicit, induce, or entice (a) any current employees of Glacier Bank, GBCI, or
GBCI’s subsidiaries, divisions or affiliates to participate, as an employee or otherwise, in any manner in a Competing Business, or (b) any current customers of Glacier Bank, GBCI, or 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 direct mailings, electronic communications of any kind, and
internet communications. To indirectly solicit includes, without limitation, to divulge information about a customer or employee to another person that would assist or help that person to solicit or recruit the customer or employee.

  

	4.	Confidential Information. 

  

	 	a.	Non-Disclosure. During and after the Term, the Director will not, directly or indirectly, use, disseminate, distribute, or disclose any Confidential Information of TFB, the Bank, GBCI or GBCI’s subsidiaries,
divisions or affiliates obtained by such Director, unless (1) Glacier Bank or GBCI consents in writing to the use or disclosure of their respective Confidential Information; (2) disclosure is required by law or court order; or (3) the
information is made or otherwise becomes public other than as a result of a disclosure by such Director in violation of this Agreement or other obligation of confidentiality. Each Director shall abide by the confidentiality provisions as set forth
in the Merger Agreement. 

  

	 	b.	 Confidential Information. “Confidential Information” means nonpublic information that includes
but is not limited to marketing, sales, acquisition, and recruiting objectives and strategies, loan files, customer lists, proprietary technology, information regarding existing customer preferences, habits and needs, proprietary information
regarding prospective customers, details of past, pending and contemplated transactions, pricing structure, investment management practices, sales data, accounts, training materials, information developed about TFB, the Bank, Glacier Bank, GBCI or
GBCI’s subsidiaries, divisions or affiliates, competitors, systems, strategies, designs, processes, procedures, forecasting data, recruiting data, market data, know-how, compilations of technical and non-technical data, advertising and
promotional plans and 

  
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strategies, and financial and other projections relating to financial industry, which are not generally known to or readily ascertainable through legitimate means by the public or by Glacier
Bank, GBCI or their competitors. The parties agree that Confidential Information constitutes a trade secret under applicable trade secret statutes, and/or constitutes valuable, confidential business or professional information entitled to protection
as intended under applicable statutes and/or common law, whether or not the information qualifies as a trade secret. Each Director further recognizes, acknowledges, and agrees that Confidential Information is a valuable and unique asset of Glacier
Bank and GBCI, and that Glacier Bank or GBCI have a legitimate business interest in protecting their Confidential Information. 

  

	 	c.	Pursuant to the Defend Trade Secrets Act of 2016, 18 USC § 1833(b), the Director will not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that
is made (i) in confidence to a federal, state or local government official, either directly or indirectly, or to an attorney; and solely for the purpose of reporting or investigating a suspected violation of law; or (ii) is made in a
complaint or other document filed in a proceeding, if such filing is made under seal. 

  

	5.	Outside Covered Area. Nothing in this Non-Competition Agreement prevents the Director from becoming involved with, as a shareholder, member, partner, director, officer, manager, investor, organizer,
founder, employee, consultant, agent, representative, or otherwise, 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 the Director from owning 2% or less of any class of security of a
Competing Business. 

  

	7.	Remedies. Any breach of this Non-Competition Agreement by the Director will entitle Glacier Bank 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, it being agreed that money damages alone would be inadequate to compensate the non-breaching party for such breach. The rights and remedies of the parties to this
Non-Competition Agreement are cumulative and not alternative. The liability and obligations of each Director are individual to each Director and are not joint and several, and no liability shall be attributed to any particular Director for the
breach of any provision of this Non-Competition Agreement by another Director. 

  

	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 Flathead County, 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. 

  
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	9.	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 pages. 

  
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 This Director Non-Competition Agreement is dated as of the date first written above. 

 

			
	GLACIER BANCORP, INC.
		
	By:	 	  

		 	Michael J. Blodnick
		 	President and Chief Executive Officer
	
	GLACIER BANK
		
	By:	 	  

		 	Michael J. Blodnick
		 	Chief Executive Officer
		
	By:	 	  

		 	Randall M. Chesler
		 	President

 [Signature Page to Director Non-Competition Agreement - Glacier] 

 DIRECTOR: 
  

			
	By:	 	  

		 	William Savory, Chairman

 [Signature Page to Director Non-Competition Agreement - Savory] 

 DIRECTOR: 
  

			
	By:	 	  

		 	Scott Spencer, Vice Chairman

 [Signature Page to Director Non-Competition Agreement - Spencer] 

 DIRECTOR: 
  

			
	By:	 	  

		 	Robert Barkley

 [Signature Page to Director Non-Competition Agreement – Barkley] 

 DIRECTOR: 
  

			
	By:	 	  

		 	Ram R. Krishna

 [Signature Page to Director Non-Competition Agreement - Krishna] 

 DIRECTOR: 
  

			
	By:	 	  

		 	Mary Lynn D. Lenz

 [Signature Page to Director Non-Competition Agreement - Lenz] 

 DIRECTOR: 
  

			
	By:	 	  

		 	Tom Pancrazi

 [Signature Page to Director Non-Competition Agreement - Pancrazi] 

 DIRECTOR: 
  

			
	By:	 	  

		 	David S. Sellers

 [Signature Page to Director Non-Competition Agreement - Sellers] 

 DIRECTOR: 
  

			
	By:	 	  

		 	Mark R. Smith

 [Signature Page to Director Non-Competition Agreement - Smith] 

 DIRECTOR: 
  

			
	By:	 	  

		 	John R. Sternitzke

 [Signature Page to Director Non-Competition Agreement - Sternitzke]

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