THE BANCORP, INC. STOCK UNIT AWARD AGREEMENTStock Unit Award Agreement • January 20th, 2006 • Bancorp, Inc. • National commercial banks • Delaware
On this, the day of , 200 (the “Date of Grant”), The Bancorp, Inc., a Delaware corporation (the “Company”), hereby grants to (the “Grantee”) a Stock Unit Award (the “Award”), of stock units (the “Stock Units”) under The Bancorp, Inc. 2005 Omnibus Equity Compensation Plan (the “Plan”). Each Stock Unit represents the Grantee’s right to receive one share of common stock of the Company (the “Common Stock”) on a future redemption date, subject to the terms and conditions set forth in this Agreement and the Plan.
