0001144204-13-003024 Sample Contracts

BANK OF VIRGINIA 2005 STOCK OPTION PLAN
Cordia Bancorp Inc • January 18th, 2013 • State commercial banks
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UNITED STATES OF AMERICA BEFORE THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C. VIRGINIA BUREAU OF FINANCIAL INSTITUTIONS RICHMOND, VIRGINIA
Cordia Bancorp Inc • January 18th, 2013 • State commercial banks

WHEREAS, in recognition of their common goal to maintain the financial soundness of Bank of Virginia, Midlothian, Virginia (the “Bank”), a state chartered bank that is a member of the Federal Reserve System, the Bank, the Federal Reserve Bank of Richmond (the “Reserve Bank”), and the Virginia Bureau of Financial Institutions (the “Bureau”) have mutually agreed to enter into this Written Agreement (the “Agreement”); and

INCENTIVE STOCK OPTION AWARD AGREEMENT FOR THE BANK OF VIRGINIA 2011 STOCK INCENTIVE PLAN
Incentive Stock Option Award Agreement • January 18th, 2013 • Cordia Bancorp Inc • State commercial banks

This Award Agreement is provided to [NAME] (the “Participant”) by Bank of Virginia (the “Bank”) as of [DATE] (the “Grant Date”), the date the Committee of the Board of Directors (the “Committee”) granted the Participant the right and option to purchase shares of Stock pursuant to the Bank of Virginia 2011 Stock Incentive Plan (the “2011 Plan”), subject to the terms and conditions of the 2011 Plan and this Award Agreement:

BANK OF VIRGINIA 2005 STOCK OPTION PLAN DIRECTOR STOCK OPTION AGREEMENT
Stock Option Plan • January 18th, 2013 • Cordia Bancorp Inc • State commercial banks • Virginia

THIS AGREEMENT made and entered into as of the 16th day of June, 2005, between Bank of Virginia, a Virginia corporation, (hereinafter called the “Company”) and ___________, (hereinafter called the “Director”),

EMPLOYMENT AGREEMENT
Employment Agreement • January 18th, 2013 • Cordia Bancorp Inc • State commercial banks

THIS EMPLOYMENT AGREEMENT (the “Agreement”), made and entered into as of the 1st day of December, 2010, by and between CORDIA BANCORP INC., a Virginia Corporation (“Cordia” or “the Company”), and Jack C. Zoeller (the “Employee”) and provides as follows:

BANK OF VIRGINIA 2005 STOCK OPTION PLAN
Stock Option Plan • January 18th, 2013 • Cordia Bancorp Inc • State commercial banks • Virginia

THIS AGREEMENT made and entered into as of the 16th day of June, 2005, between Bank of Virginia, a Virginia corporation, (hereinafter called the “Company”) and ____________, (hereinafter called the “Employee”).

NON-STATUTORY STOCK OPTION AWARD AGREEMENT
Non-Statutory Stock Option Award Agreement • January 18th, 2013 • Cordia Bancorp Inc • State commercial banks

This Award Agreement is provided to [NAME] (the “Participant”) by Bank of Virginia (the “Bank”) as of [DATE] (the “Grant Date”), the date the Committee of the Board of Directors (the “Committee”) granted the Participant the right and option to purchase shares of Stock pursuant to the Bank of Virginia 2011 Stock Incentive Plan (the “2011 Plan”), subject to the terms and conditions of the 2011 Plan and this Award Agreement:

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