John Marshall Bancorp, Inc. Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 4th, 2022 • John Marshall Bancorp, Inc. • Virginia

THIS EMPLOYMENT AGREEMENT (this “Agreement”), dated as of this 24th day of April, 2018, is made by and between John Marshall Bancorp, Inc. (the “Company”) and John Marshall Bank (the “Bank”) (collectively, “Employer”) and Christopher W. Bergstrom (“Executive”) and is effective as of the first day of his employment, which shall be April 30, 2018 (the “Effective Date”).

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STOCK OPTION AGREEMENT FOR NONINCENTIVE STOCK OPTIONS UNDER SECTION 422 OF THE INTERNAL REVENUE CODE PURSUANT TO THE JOHN MARSHALL BANK
Stock Option Agreement • March 4th, 2022 • John Marshall Bancorp, Inc.

STOCK OPTION for a total of ______ shares of Common Stock, par value $5.00 per share, of John Marshall Bank (the “Company”), which Option does not qualify as an Incentive Stock Option under Section 422 of the Internal Revenue Code of 1986 as amended, is hereby granted to _______________________ (the “Optionee”) at the price determined as provided in, and in all respects subject to the terms, definitions and provisions of, the 2006 Stock Option Plan (the “Plan”) adopted by the Company which is incorporated by reference herein, receipt of which is hereby acknowledged.

STOCK OPTION AGREEMENT FOR NONINCENTIVE STOCK OPTIONS UNDER SECTION 422 OF THE INTERNAL REVENUE CODE PURSUANT TO THE JOHN MARSHALL BANCORP, INC.
Stock Option Agreement • March 4th, 2022 • John Marshall Bancorp, Inc.

STOCK OPTION for a total of _________ shares of Common Stock, par value $0.01 per share, of John Marshall Bancorp, Inc. (the “Company”), which Option does not qualify as an Incentive Stock Option under Section 422 of the Internal Revenue Code of 1986 as amended, is hereby granted to ______________ (the “Optionee”) at the price determined as provided in, and in all respects subject to the terms, definitions and provisions of, the John Marshall Bancorp, Inc. 2015 Stock Option Plan (the “Plan”), which is incorporated by reference herein, receipt of which is hereby acknowledged, to be effective on _____________, 20____ (the “Date of Grant”).

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • August 26th, 2022 • John Marshall Bancorp, Inc. • State commercial banks • Virginia

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”), dated as of this 22nd day of August, 2022, is made by and between John Marshall Bancorp, Inc. (the “Company”) and John Marshall Bank (the “Bank”) (collectively, “Employer”) and Kent D. Carstater (“Executive”) and is effective as of August 22, 2022 (the “Effective Date”).

RESTRICTED STOCK AWARD AGREEMENT JOHN MARSHALL BANCORP, INC.
Restricted Stock Award Agreement • March 4th, 2022 • John Marshall Bancorp, Inc.

THIS RESTRICTED STOCK AWARD AGREEMENT (“Agreement”) is made pursuant to the John Marshall Bancorp, Inc. (the “Company”) 2015 Stock Incentive Plan (the “Plan”), the terms and conditions of which are incorporated by reference herein. Capitalized terms used but not defined herein have the meaning ascribed to them in the Plan.

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