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

• Contract Type
  Performance Share Unit Agreement
• Filed
  February 25th, 2020
• Company
  Atlantic Union Bankshares Corp
• Industry
  State commercial banks
• Jurisdiction
  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”).

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

• Contract Type
  Time-Based Restricted Stock Agreement
• Filed
  February 25th, 2020
• Company
  Atlantic Union Bankshares Corp
• Industry
  State commercial banks
• Jurisdiction
  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

• Contract Type
  Non-Qualified Deferred Compensation Plan for Directors
• Filed
  February 25th, 2020
• Company
  Atlantic Union Bankshares Corp
• Industry
  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 • February 25th, 2020 • Atlantic Union Bankshares Corp • State commercial banks

• Contract Type
  Non-Qualified Deferred
• Filed
  February 25th, 2020
• Company
  Atlantic Union Bankshares Corp
• Industry
  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.