0001558370-20-001345 Sample Contracts

ATLANTIC UNION BANKSHARES CORPORATION FORM OF PERFORMANCE SHARE UNIT AGREEMENT
Performance Share Unit Agreement • February 25th, 2020 • Atlantic Union Bankshares Corp • State commercial banks • Virginia

This Performance Share Unit Agreement (this “Agreement”) is entered into as of <<GRANT DATE>> pursuant to Article X of the Atlantic Union Bankshares Corporation Stock and Incentive Plan, as amended from time to time (the “Plan”), and evidences the grant, and the terms, conditions and restrictions pertaining thereto, of Performance Share Units to <<NAME>> (the “Participant”).

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ATLANTIC UNION BANKSHARES CORPORATION FORM OF TIME-BASED RESTRICTED STOCK AGREEMENT
Time-Based Restricted Stock Agreement • February 25th, 2020 • Atlantic Union Bankshares Corp • State commercial banks • Virginia

This Time-Based Restricted Stock Agreement (this “Agreement”) is entered into as of <<GRANT DATE>> pursuant to Article VII of the Atlantic Union Bankshares Corporation Stock and Incentive Plan, as amended from time to time (the “Plan”), and evidences the grant, and the terms, conditions and restrictions pertaining thereto, of Restricted Stock to <<NAME>> (the “Participant”).

NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR DIRECTORS
Non-Qualified Deferred Compensation Plan for Directors • February 25th, 2020 • Atlantic Union Bankshares Corp • State commercial banks

This Adoption Agreement is the companion document that allows a corporation to sponsor and adopt the Virginia Bankers Association Model Non-Qualified Deferred Compensation Plan for Directors (the “Plan”). Each Corporation named below hereby adopts the Plan through this Adoption Agreement (the “Adoption Agreement”), to be effective as of the date(s) specified below, and elects the following specifications and provides the following information relating thereto.

NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR EXECUTIVES
Non-Qualified Deferred Compensation Plan • February 25th, 2020 • Atlantic Union Bankshares Corp • State commercial banks

This Adoption Agreement is the companion document that allows an employer to sponsor and adopt the Virginia Bankers Association Model Non-Qualified Deferred Compensation Plan for Executives (the “Plan”). Each Employer named below hereby adopts the Plan through this Adoption Agreement (the “Adoption Agreement”), to be effective as of the date(s) specified below, and elects the following specifications and provides the following information relating thereto.

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