0000714310-19-000096 Sample Contracts

CHANGE-IN-CONTROL AGREEMENT FOR PRESIDENT AND CHIEF EXECUTIVE OFFICER
Control Agreement • February 28th, 2019 • Valley National Bancorp • National commercial banks • New Jersey

THIS CHANGE-IN-CONTROL AGREEMENT (this “Agreement”), is made as of January 16, 2019, but is effective only on and after January 1, 2023, among VALLEY NATIONAL BANK (“Bank”), a national banking association with its executive 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”).

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CHANGE-IN-CONTROL AGREEMENT FOR SENIOR EXECUTIVE VICE PRESIDENT
Change-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 DIRECTOR RESTRICTED STOCK UNIT AWARD AGREEMENT
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”).

VALLEY NATIONAL BANCORP PERFORMANCE RESTRICTED STOCK UNIT AWARD AGREEMENT
Valley National Bancorp • February 28th, 2019 • 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”).

REVISED CHANGE IN CONTROL AGREEMENT TO BE EFFECTIVE JANUARY 1, 2023
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 AGREEMENT
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”), [# 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”).

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