Exhibit 10.21

 

AMENDMENT NO. 1 TO

GUARANTY BANCORP

2015 LONG-TERM INCENTIVE PLAN

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This Amendment No. 1 (this “Amendment”) to the Guaranty Bancorp 2015 Long-Term
Incentive Plan (the “Plan”) is hereby adopted by the Board of Directors (the
“Board”) of Guaranty Bancorp, a Delaware corporation (the “Company”), this 6th
day of November, 2017.

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WHEREAS, the Board previously adopted Plan to attract, motivate, and retain
highly competent persons through the use of incentives through the grant of
awards under the Plan;

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WHEREAS, the Board desires to amend the Plan to comply with Accounting Standards
Update 2016-09, Compensation – Stock Compensation (Topic 718);

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WHEREAS, Section 10 of the Plan permits the Committee to amend the Plan at any
time in such respects as it deems advisable; and

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WHEREAS, the Board hereby amends the Plan as follows:

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1. Tax Withholding.  Section 19(b) is hereby amended by deleting the word
“minimum” in each instance that it appears in such section, including in the
subsections thereunder.

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