0001564590-20-011613 Sample Contracts

UNITED SECURITY BANCSHARES, INC. NONQUALIFIED STOCK OPTION AGREEMENT (Three- Year Vesting – Employees)
Nonqualified Stock Option Agreement • March 18th, 2020 • First Us Bancshares Inc • State commercial banks • Delaware

This Nonqualified Stock Option Agreement (this “Agreement”) is made and entered into as of the Grant Date (defined below) by and between FIRST US BANCSHARES, INC., a Delaware corporation (the “Company”) and _______________________ (the “Participant”).

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CHANGE IN CONTROL AGREEMENT (First United Security Bank)
Change in Control Agreement • March 18th, 2020 • First Us Bancshares Inc • State commercial banks • Alabama

THIS AGREEMENT (this “Agreement”) is made as of the 20th day of May, 2014 (the “Effective Date”) by and between Eric H. Mabowitz (the “Employee”); First United Security Bank, an Alabama banking corporation (the “Bank”); and United Security Bancshares, Inc., a Delaware corporation (“USB”; together with the Bank, the “Company”).

RESTRICTED STOCK AWARD AGREEMENT (One-Year Vesting – Non-Employee Directors)
Restricted Stock Award Agreement • March 18th, 2020 • First Us Bancshares Inc • State commercial banks • Delaware

This Restricted Stock Award Agreement (this “Agreement”) is made and entered into as of the “Grant Date” (defined below) by and between First US Bancshares, Inc., a Delaware corporation (the “Company”), and the “Participant” (defined below).

RESTRICTED STOCK AWARD AGREEMENT (Three-Year Vesting – Employees)
Restricted Stock Award Agreement • March 18th, 2020 • First Us Bancshares Inc • State commercial banks • Delaware

This Restricted Stock Award Agreement (this “Agreement”) is made and entered into as of the “Grant Date” (defined below) by and between First US Bancshares, Inc., a Delaware corporation (the “Company”), and the “Participant” (defined below).

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