PEAPACK-GLADSTONE FINANCIAL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT (“AGREEMENT”)Restricted Stock Unit Award Agreement • July 1st, 2021 • Peapack Gladstone Financial Corp • Commercial banks, nec • New Jersey
PEAPACK-GLADSTONE FINANCIAL CORPORATION, a New Jersey corporation (“Company”), this ____ day of __________, _____ (“Award Date”) hereby grants to «FIRSTNAME» «LASTNAME» (“Employee”), an employee of the Company or a subsidiary thereof, pursuant to the Company’s 2021 Long-Term Stock Incentive Plan (as amended from time to time, the “Plan”), a restricted stock unit award in the amount and on the terms and conditions hereinafter set forth. Each restricted stock 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 (“Restricted Stock Unit”).
