Phantom Stock Unit (Time-Based) Granted by PEAPACK-GLADSTONE FINANCIAL CORPORATION under the PEAPACK-GLADSTONE FINANCIAL CORPORATIONPhantom Stock Unit Agreement • November 7th, 2024 • Peapack Gladstone Financial Corp • Commercial banks, nec
This phantom stock unit award agreement (“Agreement”) is and shall be subject in every respect to the provisions of the Peapack-Gladstone Financial Corporation 2024 Phantom Stock Plan (the “Plan”) of Peapack-Gladstone Financial Corporation (the “Company”). The individual recipient of this Agreement (the “Participant”) hereby accepts the award (“Award”) of phantom stock units (“Phantom Stock Units”) made hereunder, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the committee appointed to administer the Plan (“Committee”) or the Board of Directors of the Company (“Board”) shall be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. A copy of the Plan has been provided to the Participant. Except where the context otherwise requires, the term “Company” shall include the parent and all present
PHANTOM STOCK UNITS (Performance-Based) Granted by PEAPACK-GLADSTONE FINANCIAL CORPORATION under the PEAPACK-GLADSTONE FINANCIAL CORPORATIONPerformance Phantom Stock Award Agreement • November 7th, 2024 • Peapack Gladstone Financial Corp • Commercial banks, nec
This Performance Award Agreement for Phantom Stock Units (“Performance Phantom Stock Awards” or “Agreement”) is and will be subject to the provisions of the 2024 Phantom Stock Plan (the “Plan”) of Peapack-Gladstone Financial Corporation (the “Company”) which are incorporated herein by reference and made a part hereof. A copy of the Plan has been provided or made available to each person granted a Performance Phantom Stock Award pursuant to the Plan. The holder of these Performance Phantom Stock Awards (the “Participant”) hereby accepts these Performance Phantom Stock Awards, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Compensation Committee of the Board of Directors of the Company (the “Committee”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used he
