FORM OF PRIVATEBANCORP, INC. INDUCEMENT PERFORMANCE SHARE AWARD AGREEMENTInducement Performance Share Award Agreement • February 29th, 2008 • Privatebancorp, Inc • State commercial banks
As an inducement to the undersigned Grantee (“Grantee”) to accept an offer of employment with the Company, this Inducement Performance Share Award Agreement (“Agreement”) is entered into as of the date set forth on the signature page hereof by and between PrivateBancorp, Inc., a Delaware corporation (the “Company”), and the Grantee. Except as otherwise indicated or defined herein, all words with initial capitals shall have the same meaning as ascribed to them in the PrivateBancorp, Inc. Strategic Long-Term Incentive Compensation Plan (the “Plan”). Grantee acknowledges receipt of a copy of the Plan.
