0001558370-21-015668 Sample Contracts

partners bancorp TIME-BASED RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • November 12th, 2021 • Partners Bancorp • State commercial banks • Maryland

This Time-Based Restricted Stock Agreement (this “Agreement”) is entered into and effective as of <<AWARD DATE>> (the “Award Date”) pursuant to Article VIII of the Partners Bancorp 2021 Incentive Stock Plan (the “Plan”), and evidences the grant of Restricted Stock and the terms, conditions and restrictions pertaining thereto (the “Award”) to <<NAME>> (the “Participant”).

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PARTNERS BANCORP TIME-BASED RESTRICTED STOCK AGREEMENT (for employees)
Based Restricted Stock Agreement • November 12th, 2021 • Partners Bancorp • State commercial banks • Maryland

This Time-Based Restricted Stock Agreement (this “Agreement”) is entered into as of <<AWARD DATE>> (the “Award Date”) pursuant to Article VIII of the Partners Bancorp 2021 Incentive Stock Plan (the “Plan”), and evidences the grant of Restricted Stock and the terms, conditions and restrictions pertaining thereto (the “Award”) to <<NAME>> (the “Participant”).

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