0000714310-22-000063 Sample Contracts

VALLEY NATIONAL BANCORP PERFORMANCE RESTRICTED STOCK UNIT AWARD AGREEMENT

Performance Restricted Stock Unit Award Agreement • February 28th, 2022 • Valley National Bancorp • National commercial banks • New Jersey

• Contract Type
  Performance Restricted Stock Unit Award Agreement
• Filed
  February 28th, 2022
• Company
  Valley National Bancorp
• Industry
  National commercial banks
• Jurisdiction
  New Jersey

VALLEY NATIONAL BANCORP, a New Jersey corporation (the “Company”), this _________, 20__ (the “Award Date”), hereby grants, to ______________, an employee of the Company (the “Employee”), pursuant to the Company’s 2021 Incentive Compensation 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 TIME-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT

Restricted Stock Unit Award Agreement • February 28th, 2022 • Valley National Bancorp • National commercial banks • New Jersey

• Contract Type
  Restricted Stock Unit Award Agreement
• Filed
  February 28th, 2022
• Company
  Valley National Bancorp
• Industry
  National commercial banks
• Jurisdiction
  New Jersey

VALLEY NATIONAL BANCORP, a New Jersey corporation (the “Company”), this ___________, 20__ (the “Award Date”), hereby grants, to _____________, an employee of the Company (the “Employee”), pursuant to the Company’s 2021 Incentive Compensation 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”).