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ALERUS FINANCIAL CORPORATION (ALRS) Material Contracts

ALERUS FINANCIAL CORPORATION Material Contracts

Every material contract the company filed as Exhibit 10 (executive pay plans, credit agreements, supplier and indemnity agreements), newest first, with the filing's own description.

  • 2026-03-31: Form 8-K; Exhibit 10.1; Description Modification Agreement by and between Alerus Financial Corporation and the Bank of North Dakota, dated March 30, 2026.
  • 2026-03-04: Form 10-K; Exhibit 10.36; Description Form of Time-Based Alerus Financial Corporation Long Term Incentive Plan Award Agreement.
  • 2026-03-04: Form 10-K; Exhibit 10.15; Description Seventh Amendment of Alerus Financial Corporation Employee Stock Ownership Plan.
  • 2026-03-04: Form 10-K; Exhibit 10.14; Description Sixth Amendment of Alerus Financial Corporation Employee Stock Ownership Plan.
FiledFormExhibitDescription
2026-03-318-K10.1Modification Agreement by and between Alerus Financial Corporation and the Bank of North Dakota, dated March 30, 2026
2026-03-0410-K10.36Form of Time-Based Alerus Financial Corporation Long Term Incentive Plan Award Agreement
2026-03-0410-K10.15Seventh Amendment of Alerus Financial Corporation Employee Stock Ownership Plan
2026-03-0410-K10.14Sixth Amendment of Alerus Financial Corporation Employee Stock Ownership Plan
2025-08-288-K10.1Executive Severance Agreement by and between Alerus Financial Corporation and Katie Lorenson, dated August 28, 2025
2025-03-1410-K10.36Form of Time-Based Alerus Financial Corporation Long Term Incentive Plan Award Agreement
2025-03-1410-K10.15Seventh Amendment of Alerus Financial Corporation Employee Stock Ownership Plan
2025-03-1410-K10.14Sixth Amendment of Alerus Financial Corporation Employee Stock Ownership Plan
2024-05-288-K10.4Executive Severance Agreement, by and between Alerus Financial Corporation and Katie Lorenson, dated May 21, 2024
2024-05-288-K10.3First Amendment to the Alerus Financial Corporation 2019 Equity Incentive Plan
2024-05-288-K10.2Form of Alerus Financial Corporation Long Term Incentive Plan Award Agreement
2024-05-288-K10.1Alerus Financial Corporation Long Term Incentive Plan
2024-05-158-K10.2Voting and Support Agreement, by and among HMN Financial, Inc. and the directors and officers of Alerus Financial Corporation identified therein, dated May 14, 2024
2024-05-158-K10.1Voting and Support Agreement, by and among Alerus Financial Corporation and the directors and officers of HMN Financial, Inc. identified therein, dated May 14, 2024
2024-03-0810-K10.32Executive Severance Agreement by and between Alerus Financial Corporation and Forrest Wilson, dated February 26, 2024 ​
2024-03-0810-K10.13Fifth Amendment of Alerus Financial Corporation Employee Stock Ownership Plan ​
2024-03-0810-K10.12Fourth Amendment of Alerus Financial Corporation Employee Stock Ownership Plan ​
2024-03-0810-K10.7Alerus Financial Short Term Incentive Plan ​
2023-12-148-K10.3Amendment to Alerus Financial Corporation Deferred Compensation Plan for Executives, dated December 12, 2023
2023-12-148-K10.2Amendment to Alerus Financial Corporation Deferred Compensation Plan for Directors, dated December 12, 2023
2023-12-148-K10.1Alerus Financial Corporation Deferred Compensation Plan
2022-11-0310-Q10.2Executive Severance Agreement by and between Alerus Financial Corporation and Jon Hendry, dated July 25, 2022 – filed herewith.
2022-11-0310-Q10.1Executive Severance Agreement by and between Alerus Financial Corporation and Missy Keney, dated July 25, 2022 – filed herewith.
2022-08-0410-Q10.1Executive Severance Agreement by and between Alerus Financial Corporation and Jim Collins, dated June 1, 2022 – filed herewith.
2022-03-1110-K10.25Executive Severance Agreement by and between Alerus Financial Corporation and Alan Villalon, dated January 11, 2022 ​
2022-03-1110-K10.24Employment Offer Letter between Alerus Financial Corporation and Alan Villalon, dated January 11, 2022 ​
2021-03-308-K10.1Subordinated Note Purchase Agreement by and between Alerus Financial Corporation and the Bank of North Dakota, dated March 30, 2021
2021-02-228-K10.5Form of Time-Based Restricted Stock Unit Award Agreement for Non-Executive Senior Officers
2021-02-228-K10.4Form of Time-Based Restricted Stock Unit Award Agreement for Senior Executive Officers
2021-02-228-K10.3Form of Performance-Based Restricted Stock Unit Award Agreement for Non-Executive Senior Officers
2021-02-228-K10.2Form of Performance-Based Restricted Stock Unit Award Agreement for Senior Executive Officers
2021-02-228-K10.1Alerus Financial Corporation Long Term Incentive Plan
2020-03-2610-K10.17Form of Restricted Stock Award Agreement under the Alerus Financial Corporation 2019 Equity Incentive Plan
2020-03-2610-K10.14Third Amendment of Alerus Financial Corporation Employee Stock Ownership Plan
2020-03-108-K10.1Executive Severance Agreement by and between Alerus Financial Corporation and Ryan Goldberg, dated March 4, 2020.
2020-02-258-K10.1Form of Performance-Based Restricted Stock Unit Award Agreement under the Alerus Financial Corporation 2019 Equity Incentive Plan.

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