1st CENTURY BANK, N.A. 2004 FOUNDER STOCK OPTION PLAN FOUNDER STOCK OPTION AGREEMENTFounder Stock Option Agreement • August 14th, 2013 • 1st Century Bancshares, Inc. • State commercial banks
1st Century Bank, N.A. (the “Bank”) hereby grants to the Optionholder named below an option to purchase the number of shares of the Bank’s common stock set forth below (the “Common Stock”). The terms and conditions of the Option are set forth in this Founder Stock Option Agreement (the “Agreement”) and in the 1st Century Bank, N.A.’s 2004 Founder Stock Option Plan (the “Plan”)and the Notice of Exercise, all of which are enclosed herewith and incorporated herein in their entirety. Capitalized terms not defined herein shall have the meanings assigned to them in the Plan.
