Document:

Standard Directors Stock Option Award Agreement

 EXHIBIT 10.29 
 ZIONS BANCORPORATION 
 2005 STOCK OPTION AND INCENTIVE PLAN

 STANDARD DIRECTORS STOCK OPTION AWARD AGREEMENT 

This Directors Stock Option Award Agreement (this “Agreement”) is made and entered into as of the date set forth
on Exhibit A (the “Grant Date”) by and between Zions Bancorporation, a Utah corporation (the “Company”), and the person named on Exhibit A (the “Grantee”) pursuant to the
Company’s 2005 Stock Option and Incentive Plan (the “Plan”). Capitalized terms not defined in this Agreement have the meanings ascribed to them in the Plan. 

1. Grant of Stock Option. Pursuant and subject to the Plan and this Agreement, the Company hereby grants to the Grantee the
right and option (an “Option”) to purchase all or any part of the aggregate number of shares of the Company’s Common Stock (the “Common Stock”) set forth on Exhibit A at the purchase price per
share set forth on Exhibit A (the “Option Exercise Price”). 
 2. Term of Option. This
Option shall expire on the date set forth on Exhibit A (the “Expiration Date”) and must be exercised, if at all, on or before the earlier of the Expiration Date or the date on which this Option is earlier terminated in
accordance with the provisions of the Plan or Section 4 of this Agreement. 
 3. Vesting. Except as otherwise
provided herein, this Option shall vest as set forth on Exhibit A and shall be exercisable only to the extent it has vested. This Option shall cease to vest upon Grantee’s Termination of Employment and may be exercised after Grantee’s date
of termination only as set forth in the Plan or in Section 4 of this Agreement. 
 4. Termination of Employment.

 4.1 Termination of Employment by Grantee for any Reason or By the Company for Cause. Except to the extent
otherwise provided in Sections 4.2 through 4.5 below, this Option, whether or not vested and to the extent not therefore exercised, shall terminate immediately upon (i) the Grantee’s Termination of Employment at Grantee’s election for
any reason or (ii) Grantee’s Termination of Employment by the Company for Cause. 
 4.2 At election of Company or
a Related Entity. Upon the Termination of Employment of a Grantee at the election of the Company or a Related Entity (other than in circumstances governed by Section 4.1 above or Section 4.3 through 4.5 Grantee below) the Grantee may
exercise this Option on the following terms and conditions: (i) exercise may be made only to the extent that the Grantee was entitled to exercise this Option on the date of the Termination of Employment; and (ii) exercise must occur within
three (3) months after the Termination of Employment but in no event after the Expiration Date. 

 4.3 Retirement. Upon the Termination of Employment of Grantee by reason of the
Grantee’s Retirement, Grantee may exercise this Option on the following terms and conditions: (i) exercise may be made only to the extent that Grantee was entitled to exercise this Option on the date of Retirement; (ii) exercise must
occur within three (3) years after Retirement but in no event after the Expiration Date; and (iii) notwithstanding clause (ii) above, the option or right shall terminate on the date Grantee begins or agrees to begin employment with
another company that is in the financial services industry unless such employment is specifically approved by the Committee. 

4.4 Disability. Upon the Termination of Employment of Grantee by reason of Disability, Grantee may exercise this Option on the
following terms and conditions: (i) exercise may be made only to the extent that Grantee was entitled to exercise this Option on the date of Termination of Employment; and (ii) exercise must occur within six (6) months after the
Termination of Employment but in no event after the Expiration Date. 
 4.5 Death. If Grantee dies during the period in
which this Option is exercisable, whether pursuant to its terms or pursuant to Section 4.2 through 4.4 above, this Option shall be exercisable on the following terms and conditions: (i) exercise may be made only to the extent that Grantee
was entitled to exercise this Option on the date of death; and (ii) exercise must occur within six (6) months after the date of the Grantee’s death. Any such exercise of this Option following Grantee’s death shall be made only by
Grantee’s executor (or administrator) or only by the recipient of such specific disposition. If Grantee’s executor (or administrator) or the recipient of a specific disposition under Grantee’s will shall be entitled to exercise this
Option pursuant to the preceding sentence, such executor (or administrator) or recipient shall be bound by all the terms and conditions of the Plan and this Agreement which would have applied to the Grantee. 

5. Manner of Exercise. 
 5.1 Stock Option Exercise Agreement. To exercise this Option, Grantee (or in the case of exercise after Grantee’s death, Grantee’s executor, administrator or recipient of a specific
disposition) must deliver to the Company an executed stock option exercise agreement in such form as may be required by the Company from time to time (the “Exercise Agreement”), which shall set forth, among other things,
Grantee’s election to exercise this Option, the number of shares being purchased, any restrictions imposed on the shares of Common Stock and any representations, warranties and agreements regarding Grantee’s investment intent and access to
information as may be required by the Company to comply with applicable securities laws. If someone other than Grantee exercises this Option, then such person must submit documentation reasonably acceptable to the Company that such person has the
right to exercise this Option. 
 5.2 Payment. The Exercise Agreement shall be accompanied by full payment for the
shares of Common Stock being purchased (the “Exercise Price”). Such payment shall be made (i) in cash (by check), (ii) by delivery of shares of Common Stock (which, if acquired pursuant to the exercise of a stock
option or under an Award 

  
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made under the Plan or any other compensatory plan of the Company, were acquired at least six (6) months prior to the option exercise date) having a Fair Market Value (determined as of the
exercise date) equal to all or part of the exercise price and cash for any remaining portion of the exercise price or (iii) to the extent permitted by law, by such other method as the Committee may from time to time prescribe, including a
cashless exercise procedure through a broker-dealer. Any shares of Common stock delivered in payment of the Exercise Price shall be fully paid and free and clear of all liens, claims, encumbrances and security interests. 

5.3 Tax Withholding. Prior to the issuance of the shares of Common Stock upon exercise of this Option, Grantee must pay, or
otherwise provide for to the satisfaction of the Company, any applicable federal or state withholding obligations of the Company. 
 5.4 Limitations on Exercise. This Option may not be exercised unless such exercise is in compliance, to the reasonable satisfaction of the Committee, with all applicable federal and state
securities laws, as they are in effect on the date of exercise. This Option may not be exercised as to fewer than 100 shares of Common Stock unless it is exercised as to all shares as to which this Option is then exercisable. 

5.5 Other Conditions. The Committee may require that Grantee comply with such other procedures relating to the exercise of this
Option and delivery of shares pursuant to such exercise as the Committee may determine, including the use of specified broker-dealers and the manner in which Grantee shall satisfy tax withholding obligations with respect to such shares. 

5.6 Issuance of Shares. As promptly as is practicable after the receipt of the Exercise Agreement, in form and substance
satisfactory to the Company, payment of the Exercise Price and satisfaction of Sections 5.3 through 5.5 above, the Company shall issue the shares of Common Stock registered in the name of Grantee, Grantee’s authorized assignee, or
Grantee’s legal representative. The Company may postpone such delivery until it receives satisfactory proof that the issuance of such shares will not violate any of the provisions of the Securities Act of 1933, as amended, or the Securities
Exchange Act of 1934, as amended, any rules or regulations of the Securities and Exchange Commission (the “SEC”) promulgated thereunder, or the requirements of applicable state law relating to authorization, issuance or sale
of securities, or until there has been compliance with the provisions of such acts or rules. Grantee understands that the Company is under no obligation to register or qualify the shares of Common Stock with the SEC, any state securities commission
or any stock exchange to effect such compliance. Even if the shares of Common Stock are registered with the SEC, because Grantee is deemed to be an insider under the rules of the SEC, shares issued upon exercise of this Option will still bear such
restrictive legends as the Company and the Company’s counsel deem necessary or advisable under applicable law, including a legend substantially in the following form: 
 No sale, pledge, gift hypothecation or other transfer of this certificate or the securities represented hereby, or any interest therein, shall be valid or effective unless a Registration Statement
under the Securities Act of 1933 is in effect as to 

  
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such transfer, and the securities represented herby have been duly qualified for sale under applicable state securities laws, or in the opinion of counsel to the Company such registration and
qualification is unnecessary in order for such transfer to comply with the Securities Act of 1933, as amended, and applicable state securities laws. 
 6. Right of Offset. The Company shall have the right to offset against the obligation to deliver shares of Common Stock in respect of any exercise of this Option, any outstanding amounts
then owed by Grantee to the Company. 
 7. Nontransferability of Option. This Option shall not be assignable or
transferable by Grantee other than by will or by the laws of descent and distribution, and shall be exercisable during the life of the Grantee only by the Grantee or the Grantee’s legal representative and any such attempted assignment, transfer
or exercise in contravention of this Section 7 shall be void. 
 8. Privileges of Stock Ownership. Grantee
shall not have any of the rights of a stockholder of the Company with respect to any shares of Common Stock subject to the issuance of such shares to Grantee. Except as otherwise provided in Section 1.6(c) of the Plan, no adjustment shall be
made for dividends, distributions or other rights (whether ordinary or extraordinary, and whether in cash, securities or other property) for which the record date is prior to the date such shares are issued. 

9. No Right to Retain Status as Director. Nothing contained in this Agreement shall confer upon Grantee any right to
continue as a director of the Company or any of its subsidiaries. 
 10. Non-Qualified Options. It is intended
that this Option shall be treated as a non-qualified option under the Code. 
 11. Change in Control. Subject to
the terms of the Plan, Grantee shall be entitled to the benefits of Section 3.7 of the Plan with respect to this Option. 

12. Entire Agreement. This Option is granted pursuant to the Plan and this Option and Agreement are subject to the terms
and conditions of the Plan. The Plan is incorporated herein by reference. This Agreement, the Plan, and such other documents as may be executed in connection with the exercise of this Option constitute the entire agreement and understanding of the
parties hereto with respect to the subject matter hereof and supersede all prior understandings and agreements with respect to such subject matter. Any action taken or decision made by the Committee arising out of or in connection with the
construction, administration, interpretation or effect of this Agreement shall lie within its sole and absolute discretion, as the case may be, and shall be final, conclusive and binding on the Grantee and all persons claiming under or through the
Grantee. 
 13. Notices. Any notice required to be given or delivered to the Company under the terms of this
Agreement shall be in writing and addressed to the Corporate Secretary of the Company at its principal corporate offices. Any notice 

  
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required to be given or delivered to Grantee shall be in writing and addressed to Grantee at the address indicated below or to such other address as such party may designate in writing from time
to time to the Company. All notices shall be deemed to have been given or delivered upon: personal delivery; three (3) days after deposit in the United States mail by certified or registered mail (return receipt requested); one
(1) business day after deposit with any return receipt express courier (prepaid); or one (1) business day after transmission by facsimile. 
 14. Successors and Assigns. The Company may assign any of its rights under this Agreement. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the
Company. Subject to the restrictions on transfer set forth herein, this Agreement and the Plan shall be binding upon Grantee and Grantee’s heirs, executors, administrators, legal representatives, successors and assigns. 

15. Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws of the State of
Utah without regard to that body of law pertaining to choice of law or conflict of laws. 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date
noted above. 
  

			
	ZIONS BANCORPORATION
		
	By:	 	  

  
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 Exhibit A 

 

					
	Grant Date:	 	  
	  	
			
	Name of Grantee:	 	  
	  	
			
	Number of Option Shares:	 	  
	  	
			
	Option Exercise Price:	 	  
	  	
			
	Expiration Date:	 	  
	  	

 Vesting Schedule: The right of Grantee to purchase the aggregate number of shares of Common Stock covered by the
Option shall vest as follows: 

  
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 ZIONS BANCORPORATION 

2005 STOCK OPTION EXERCISE AGREEMENT 
 If you are exercising your option through a broker-dealer you do not need to fill out this form but must complete forms provided by the broker-dealer and acceptable to the Company in its sole
discretion. 
 I hereby elect to purchase the number of shares of Common Stock of Zions Bancorporation (the
“Company”) as set forth below: 
  

									
	Grantee:	 	  
	 		 	Number of Shares To Be Purchased:	 	  

					
	Social Security Number:	 	  
	 		 	Purchase Price per Share:	 	  

					
	Share Delivery Instructions:	 	  
	 		 	Aggregate Purchase Price:	 	  

				
	  
	 		 	Date of Grant:	 	  

				
	  
	 		 	Phone Number:	 	  

			
	Type of Option:     ̈  Incentive Stock Option	 		 	 ̈  Nonqualified Stock Option

Please issue the new stock certificate(s) representing the option shares in my name and
                                        
(co-owner, if desired) as [            ] joint tenants or [            ] tenants in common (initial one).

 Delivery of Purchase Price. Grantee hereby delivers to the Company the Exercise Price, to the extent permitted in the
Stock Option Award Agreement between the Company and Grantee as follows (check as applicable and complete): 
  

	 ̈	Cash Exercise: by check* in the amount of $            ; 

 

	 ̈	Stock Swap: by delivery of                     
fully-paid, nonassessable and vested shares of the Common Stock of the Company owned by Grantee for at least six (6) months prior to the date hereof and a check* in the amount of
$             to cover the fractional share amount due. 

 Payment of Withholding Tax (Non-Qualified options only). 
  

	 ̈	Grantee hereby delivers to the Company a check* in the amount of $             necessary to satisfy
any withholding tax obligations of the Company. 

  

									
	Date:	 	  
	 		 	Signature of Grantee	 	  

 

	*	Checks should be made payable to Zions Bancorporation 

 [FOR COMPANY USE ONLY] 
 Received on
                    . The closing Price for the stock on this day was
$             per share. 
 Return form to Jennifer Jolley, interoffice: UT
KC11-0669, mail: One South Main Street, Suite 1134, Salt Lake City, UT 84111Standard Deferred Salary Stock Unit Award Agreement

 EXHIBIT 10.31 
 ZIONS BANCORPORATION 
 2005 STOCK OPTION AND INCENTIVE PLAN

 DEFERRED SALARY STOCK UNIT AWARD AGREEMENT 

This Salary Stock Unit Award Agreement (the “Agreement”) is made and entered into as of January 1, 2011 by
and between Zions Bancorporation, a Utah corporation (the “Company”), and the person named on Exhibit A (the “Grantee”) pursuant to the Company’s 2005 Stock Option and Incentive Plan (the
“Plan”). Capitalized terms not defined in this Agreement have the meanings ascribed to them in the Plan. 
 1. Grant of Deferred Stock Units. Pursuant and subject to the Plan and this Agreement, the Company agrees to grant as of the bi-weekly payroll dates for services performed for the Company by
the Grantee in 2011, a number of Deferred Stock Units (the “Stock Units”). The Stock Units will be calculated by dividing the bi-weekly salary stock cash value (the “Salary Stock Cash Value”) set forth
on Exhibit A less applicable payroll taxes (e.g., FICA and FUTA) and dividing the net amount by the closing price of Zions Bancorporation common stock as of the applicable payroll date. The Stock Units will be immediately 100% vested upon the Grant
Dates. Grantee’s ownership of and rights with respect to the Stock Units are limited by the terms and conditions of the Plan and this Agreement, including restrictions on Grantee’s right to transfer the Stock Units. 

2. Transfer Restriction. The Stock Units may not be sold, assigned, transferred, pledged or otherwise encumbered or
disposed of except as specifically provided in the Plan or this Agreement. 
 3. Payment Dates. The Stock Units
will be paid in cash in increments of 50% as of January 15, 2012 and 50% as of December 15, 2012; provided that Grantee has satisfied all applicable tax withholding obligations as provided in Section 5.1 below and the conditions of
Sections 5.2 and 5.3 below have been satisfied. Upon the payment dates, settlement shall be made in cash. 
 4.
Termination of Employment; Termination of Right to Stock Units. In the event of Grantee’s death prior to the payment dates, the cash value of the vested Stock Units shall be paid as of the date one month following the date of death.
Upon Termination of Employment for any other reason, the Stock Units that have not yet been paid as of the date of such termination shall remain subject to the provisions of Section 3 above. Grantee’s rights in respect of future grants of
Stock Units shall immediately terminate upon Termination of Employment, except that Grantee shall be entitled to receive a final grant of Stock Units determined in accordance with Section 1 for any portion of Grantee’s Salary Stock Cash
Value that had accrued through the date of Termination of Employment but had not yet been paid. In addition, Grantee’s right to future Stock Units under this Agreement will terminate on December 31, 2011. 

5. Conditions to Lapse of Transfer Restrictions. 
 5.1 Tax Withholding. Prior to the lapse of transfer restriction on the Stock Units, Grantee must pay, or otherwise provide for to the satisfaction of the Company, any

 
applicable federal or state withholding obligations of the Company. Unless the Committee permits otherwise, Grantee shall provide for payment of withholding taxes (e.g., income taxes) upon the
applicable payment date by hereby allowing and directing the Company to retain cash based on the Fair Market Value (determined as of the applicable payment date) equal to the statutory minimum amount of taxes required to be withheld. In such case,
the Company shall pay the net cash amount to Grantee after such deduction. 
 5.2 Compliance with Laws. The transfer
restrictions set fourth in Section 2 above shall not lapse unless such lapse and the issuance or release of the related Stock Units is in compliance, to the reasonable satisfaction of the Committee, with all applicable federal and state laws,
as they are in effect on the date of the lapse of restrictions. 
 5.3 Other Conditions. The Committee may require that
Grantee comply with such other procedures relating to the payment of amounts under the Stock Units as the Committee may determine, including, but not limited to, the manner in which Grantee shall satisfy tax withholding obligations with respect to
the Stock Units. 
 6. Right of Offset. The Company shall have the right to offset against the obligation to
release shares of Common Stock, any outstanding amounts then owed by Grantee to the Company, but only to the extent such offset does not violate Section 409A of the Code. 
 7. Nontransferability of Agreement. The rights conferred by this Agreement shall not be assignable or transferable by Grantee other than by will or by the laws of descent and distribution,
and shall be exercisable during the life of the Grantee only by the Grantee or the Grantee’s legal representative and any such attempted assignment, transfer or exercise in contravention of this Section 7 shall be void. 

8. Privileges of Stock Ownership. Grantee shall not have the rights of a stockholder with respect to voting or dividends.

 9. No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Grantee any right to continue
in the employ of, or to continue or establish any other relationship with, the Company or any Related Entity, or limit in any way the right of the Company or any Related Entity to terminate Grantee’s employment or other relationship at any
time, with or without Cause. The Company has not yet determined whether, and to what extent, the Stock Units will be taken into account for purposes of determining benefits under other compensation and benefit plans, programs, policies and
arrangements maintained by the Company. Any such determination will be made in the sole discretion of the Company and the Company will inform Grantee once such a determination has been made. 

10. Change in Control. Subject to the terms of the Plan upon the occurrence of a Change in Control, the Stock Units shall
be paid as soon as practicable thereafter to the extent permitted under applicable law, rules, regulation and guidance. 

  
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 11. Amendment; Committee Discretion. The Committee may at any time amend the
terms and conditions set forth in this Agreement; provided that, notwithstanding the foregoing, no such amendment shall materially adversely affect Grantee’s rights and obligations under this Agreement with respect to amounts that
Grantee has already earned and accrued without Grantee’s prior written consent (or the consent of Grantee’s estate, if such consent is obtained after Grantee’s death) and any such amendment shall be made in accordance with
Section 409A of the Code. Any amendment of this Agreement shall be in writing signed by an authorized member of the Committee or a person or persons designated by the Committee. Subject to the other provisions of this Section 11, the
Committee shall have full discretion with respect to any actions to be taken or determinations to be made in connection with this Agreement, and its determinations shall be final, binding and conclusive. 

12. Entire Agreement. These Stock Units are granted pursuant to Section 2.13 of the Plan and this Agreement. The Plan
is incorporated herein by reference. This Agreement, the Plan and such other documents as may be executed in connection with this Stock Unit grant constitute the entire agreement and understanding of the parties hereto with respect to the subject
matter hereof and supersede all prior understandings and agreements with respect to such subject matter. Any action taken or decision made by the Committee arising out of or in connection with the construction, administration, interpretation or
effect of this Agreement shall lie within its sole and absolute discretion, as the case may be, and shall be final, conclusive and binding on the Grantee and all persons claiming under or through the Grantee. 

13. Notices. Any notice required to be given or delivered to the Company under the terms of this Agreement shall be in
writing and addressed to the Corporate Secretary of the Company at its principal corporate offices. Any notice required to be given or delivered to Grantee shall be in writing and addressed to Grantee at the address on file in the Corporate Human
Resource directory or to such other address as such party may designate in writing from time to time to the Company. All notices shall be deemed to have been given or delivered upon: personal delivery; three (3) days after deposit in the United
States mail by certified or registered mail (return receipt requested); one (1) business day after deposit with any return receipt express courier (prepaid); or one (1) business day after transmission by facsimile. 

14. Successors and Assigns. The Company may assign any of its rights under this Agreement. This Agreement shall be binding
upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this Agreement and the Plan shall be binding upon Grantee and Grantee’s heirs, executors, administrators,
legal representatives, successors and assigns. 
 15. Governing Law. This Agreement shall be governed by and
construed in accordance with the internal laws of the State of Utah without regard to that body of law pertaining to choice of law or conflict of laws. 
 16. Regulatory Matters/Compliance with Laws. Compensation under this Agreement is subject to applicable regulations issued by the U.S. Department of the Treasury and applicable requirements
of agreements between the Company and the U.S. government, as the same are in effect from time to time. Grantee may receive compensation under this Agreement only to the extent that it is consistent with those regulations and requirements. In
the event that the grant, exercise, lapse of restrictions, payment, settlement, or accrual of this award or any term of this award is restricted or prohibited or otherwise conflicts with any applicable statute (including, without limitation, the
Emergency Economic Stabilization Act of 2008, as 

  
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amended by the American Recovery and Reinvestment Act of 2009) or any applicable regulation or other guidance thereunder, or any agreement or arrangement with or restriction imposed by, the
United States Department of the Treasury, any bank regulatory agency or any other governmental agency (a “Governmental Restriction”), in each case, as determined by Committee in its sole discretion, then the Committee may unilaterally
modify the terms of this award in such manner as the Committee determines in its sole discretion to be necessary to avoid such restriction or prohibition or eliminate such conflict, all without the further consent of Grantee, such consent being
given through Grantee’s acceptance of this award. 
 IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the date noted above. 
 ZIONS BANCORPORATION 

 

							
		 	 By:
	  	  
	  	

  
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