CHANGE-IN-CONTROL AGREEMENT FOR SENIOR EXECUTIVE VICE PRESIDENTChange-in-Control Agreement • February 28th, 2019 • Valley National Bancorp • National commercial banks • New Jersey
THIS CHANGE-IN-CONTROL AGREEMENT (this “Agreement”), is made January 14, 2019, but is effective only on and after January 1, 2023, among VALLEY NATIONAL BANK (“Bank”), a national banking association with its principal office at 1455 Valley Road, Wayne, New Jersey, VALLEY NATIONAL BANCORP (“Valley”), a New Jersey corporation which maintains its principal office at 1455 Valley Road, Wayne, New Jersey (Valley and the Bank collectively are the “Company”) and [_______________] (the “Executive”).
VALLEY NATIONAL BANCORP PERFORMANCE RESTRICTED STOCK UNIT AWARD AGREEMENTPerformance Restricted Stock Unit Award Agreement • February 28th, 2019 • Valley National Bancorp • National commercial banks • New Jersey
VALLEY NATIONAL BANCORP, a New Jersey corporation (the “Company”), this February __, 2019 (the “Award Date”), hereby grants, to ______________, an employee of the Company (the “Employee”), pursuant to the Company’s 2016 Long-Term Stock Incentive Plan (the “Plan”), [target # of RSUs] restricted stock units at target (“Target Award Amount”). Each restricted stock unit (“Unit”) represents the unfunded right to receive one share of the Common Stock, no par value, of the Company (“Share”), subject to the restrictions set forth herein on the terms and conditions hereinafter set forth (the “Award”).
VALLEY NATIONAL BANCORP DIRECTOR RESTRICTED STOCK UNIT AWARD AGREEMENTDirector Restricted Stock Unit Award Agreement • February 28th, 2019 • Valley National Bancorp • National commercial banks • New Jersey
VALLEY NATIONAL BANCORP, a New Jersey corporation (the “Company”), this ______________, 20__ (the “Award Date”), hereby grants to ______________, a non-employee Director of the Company (the “Director”), pursuant to the Company’s 2016 Long-Term Stock Incentive Plan (the “Plan”), [●] restricted stock units. Each restricted stock unit (“Unit”) represents the unfunded right to receive one share of the Common Stock, no par value, of the Company (“Share”), subject to the restrictions set forth herein on the terms and conditions hereinafter set forth (the “Award”).
REVISED CHANGE IN CONTROL AGREEMENT TO BE EFFECTIVE JANUARY 1, 2023Change in Control Agreement • February 28th, 2019 • Valley National Bancorp • National commercial banks
This Agreement is entered into as of January 16, 2019 between Valley National Bancorp and Valley National Bank (jointly, the “Company”) and _________________ (the “Executive”).
VALLEY NATIONAL BANCORP TIME-BASED RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit Award Agreement • February 28th, 2019 • Valley National Bancorp • National commercial banks • New Jersey
VALLEY NATIONAL BANCORP, a New Jersey corporation (the “Company”), this February __, 2019 (the “Award Date”), hereby grants, to ______________, an employee of the Company (the “Employee”), pursuant to the Company’s 2016 Long-Term Stock Incentive Plan (the “Plan”), [# of RSUs] restricted stock units. Each restricted stock unit (“Unit”) represents the unfunded right to receive one share of the Common Stock, no par value, of the Company (“Share”), subject to the restrictions set forth herein on the terms and conditions hereinafter set forth (the “Award”).
