Document:

EX-10.3

 EXHIBIT 10.3 
 [FHNC Logo] 
 GRANT NOTICE 

 
  
 Executive Stock Option 
 [Participant Name] 

Congratulations! You have been granted an option to purchase shares of First Horizon National Corporation (“FHNC”) common stock as follows:

  

									
	 GRANT DATE:
	  	_________, 2014        	  	 	GOVERNING PLAN:	  	  	Equity Compensation Plan
	
NUMBER OF SHARES GRANTED:
	  	 	  	 	OPTION EXPIRATION DATE:	  	  	Seventh anniversary of Grant Date  
	
OPTION PRICE PER SHARE:
	  	$	  	 
 	VESTING DATES (25% ON
EACH
DATE):	  
  	  	First four anniversaries of Grant

Date

 This stock option award is granted under the Governing Plan specified above, and is governed by the terms
and conditions of that Plan. It is also governed by policies, practices, and procedures (“Procedures”) of the Compensation Committee (that administers the Plan) and by the terms and restrictions of FHNC’s stock ownership guidelines
and Compensation Recovery Policy (“Policy”), as in effect during the term of this award. 
 This award is subject to
possible early termination and forfeiture, even if vested, in accordance with the Plan and Procedures and can result in a forfeiture of profit following exercise in certain circumstances as provided in the Plan (in particular, in Section 6),
the Policy, the Procedures, and this Notice. As of the grant date, the Procedures provide (among other things) that: 
 (a)
forfeiture generally will occur immediately upon termination of employment — you must remain continuously employed by FHNC or one of its subsidiaries through the close of business on the applicable exercise date; HOWEVER —

 (b) if your termination of employment occurs because of your death, permanent disability, or normal retirement (age 65 or
later with at least 5 years of service), this award will continue to vest in accordance with the schedule set forth above and will terminate upon the earliest to occur of (i) the expiration date set forth above, (ii) the third anniversary
of your termination of employment, or (iii) the occurrence of a forfeiture event other than termination of employment; 

(c) if your termination of employment occurs because of your early retirement (age 55 or later with at least 15 years of service), the
then-unvested portion of your award will be forfeited immediately but the then-vested portion will continue to be exercisable as provided in clause (b) as if you had normally retired; and 

(d) if your employment is terminated by us involuntarily other than for Cause, the then-unvested portion of your
award will be forfeited immediately but the then-vested portion will remain outstanding and will terminate upon the earliest to occur of (i) the expiration date set forth above, (ii) the 90th day following your termination of employment, or (iii) the
occurrence of a forfeiture event other than termination of employment. 
 Other forfeiture provisions apply to this award.
Currently the Plan and Policy provide for forfeiture or recovery of exercised shares or proceeds if you engage in certain types of misconduct. In addition, this award is subject to forfeiture or recovery to the extent required by applicable capital
conservation rules or other regulatory requirements. Also, this award will be forfeited, or if already exercised you must pay in cash to FHNC the gross pre-tax value reported to the IRS measured at exercise, if during the restriction period
applicable to this award: (1) you are terminated for Cause as defined in the Governing Plan; or (2) you, either on your own behalf or on behalf of any other person or entity, in any manner directly or indirectly solicit, hire, or encourage
any person who is then an employee or customer of FHNC or any and all of its subsidiaries or affiliates to leave the employment of, or to end, diminish, or move any of his, her, or its accounts or relationships with, FHNC or any and all of its
subsidiaries or affiliates. The restriction period for this award begins on the Grant Date and ends, for any portion exercised, on the second anniversary of the exercise date. By accepting this award, you acknowledge that FHNC may reduce or offset
other amounts owed to you, including but not limited to wages or commissions owed, among other things, to satisfy any repayment obligation. 
 Vesting may be accelerated as provided in the Governing Plan. If a Change in Control (as defined in that Plan) occurs, if FHNC does not survive that event as a company whose stock is publicly traded, and
if vesting of this award is not accelerated prior to cessation of public trading, then this award will be modified or canceled without your consent. In that case FHNC agrees to take action that either will (in effect) substitute for this award a new
equity-based award (which need not be a stock option and need not be payable in stock), or will cancel this award in exchange for its immediate spread value at that time, in any case based on the transaction value of FHNC shares and in all cases as
determined by the Committee in its discretion. The Committee is permitted to exercise its discretion in a Change in Control situation in different ways for different persons, and in different ways for different awards; however, in all cases the
Committee will seek in good faith to avoid any significant diminishment or enlargement of value measured at the time of the Change in Control based on the transaction value of FHNC shares. 

 This option award is nonqualified, so that your exercise of this option is taxable. Your
withholding and other taxes will depend principally upon the extent to which FHNC’s stock value exceeds the option price on your exercise date. 
 QUESTIONS ABOUT YOUR STOCK OPTION AWARD? 

Important information concerning the Governing Plan and this award is contained in a prospectus. Copies of the current prospectus
(including all applicable supplements) are delivered separately, and you may request a copy of the Plan or prospectus at any time. If you have questions about your award or need a copy of the Governing Plan, the related prospectus, or the current
Procedures, contact Fidelity Investment’s Executive Relationship Officer at 800-823-0217 x511. For all your personal stock incentive information, you may view your award and other information on Fidelity’s website at www.NetBenefits.com.

 [Managing Your Money logo]EX-10.4

 EXHIBIT 10.4 
 [FHNC Logo] 
 GRANT NOTICE 

 
  
 Executive RSUs 
 [Recipient Name] 

Congratulations! You have been granted an award of restricted stock units (“RSUs”) of First Horizon National Corporation (“FHNC”) as
follows: 
  

													
		 	
AMOUNT OF AWARD:
	 	___________ Restricted Stock Units  	  	 	GRANT DATE:	  	 	___________ 2014  	 	
		 		 	 	
		 	
GOVERNING PLAN:
	 	Equity Compensation Plan	  	 	VESTING DATE:	  	 	[3rd anniversary]
 2017
	 	

 Your award of restricted stock units (“RSUs”) recognizes your value to First Horizon National
Corporation (“FHNC”). This award is granted under the Governing Plan specified above, and is governed by the terms and conditions of that Plan and by policies, practices, and procedures (“Procedures”) of the Compensation
Committee (that administers the Plan) that are in effect from time to time during the vesting period. Also, this award is subject to the terms and restrictions of FHNC’s Compensation Recovery Policy (“Policy”) as in effect during the
vesting period. 
 RSUs are not shares of stock, have no voting rights, and are not transferable. Each RSU that vests will
result in one share of FHNC common stock being issued to you, subject to withholding for taxes. Subject to provisions of the Governing Plan, the Committee may choose to pay all or a portion of vested RSUs in cash, based on the fair market value of
FHNC common stock on the vesting date. 
 This award is subject to possible forfeiture in accordance with the Plan, Procedures,
and Policy. As of the grant date, the Procedures provide (among other things) that: 
 (a) forfeiture generally will occur
immediately upon termination of employment — you must remain continuously employed by FHNC or one of its subsidiaries through the close of business on the applicable vesting date; but 

(b) if your termination of employment occurs because of your death or permanent disability, this award immediately will vest pro-rata
based on the portion of the vesting period that has elapsed at that time and only the remainder of the award will be forfeited. 

One effect of clause (a) is that retirement unrelated to permanent disability normally results in the immediate forfeiture of
unvested RSUs. 
 Other forfeiture provisions apply to this RSU award. Currently the Plan and Policy provide for forfeiture or
recovery of vested shares if you engage in certain types of misconduct. In addition, this award is subject to forfeiture or recovery to the extent required by applicable capital conservation rules or other regulatory requirements. Also, this award
will be forfeited, or if already vested you must pay in cash to FHNC the gross pre-tax value of this award measured at vesting, if during the restriction period applicable to this award: (1) you are terminated for Cause as defined in the
Governing Plan; or (2) you, either on your own behalf or on behalf of any other person or entity, in any manner directly or indirectly solicit, hire, or encourage any person who is then an employee or customer of FHNC or any and all of its
subsidiaries or affiliates to leave the employment of, or to end, diminish, or move any of his, her, or its accounts or relationships with, FHNC or any and all of its subsidiaries or affiliates. The restriction period for this award begins on the
Grant Date and ends on the second anniversary of the vesting date. By accepting this award, you acknowledge that FHNC may reduce or offset other amounts owed to you, including but not limited to wages or commissions owed, among other things, to
satisfy any repayment obligation. 
 The Compensation Committee reserves the right, in its sole discretion, to accelerate
vesting; no employee has any right to receive acceleration. As of the Grant Date, the Committee’s Procedures allow you to request pro-rata vesting of RSUs if you retire at or after age 65 with at least 5 years of service prior to normal
vesting. If such a request were granted, only the remaining shares would forfeit. 
 Your RSUs will accrue cash dividend
equivalents to the extent cash dividends are paid on common shares prior to vesting. From the grant date until the vesting date, dividend equivalents accumulate (without interest) as if each RSU were an outstanding share. To the extent that RSUs
vest, the accumulated dividend equivalents associated with vested RSUs will be paid in cash at vesting or in the next payroll cycle. Dividend equivalents associated with forfeited RSUs likewise are forfeited. Stock splits and stock dividends will
result in a proportionate adjustment to the number of RSUs as provided in the Plan and Procedures. 
 Vesting is a taxable event
for you. Your withholding and other taxes will depend upon FHNC’s stock value on the vesting date and the amount of dividend equivalents paid to you. As of the Grant Date, the Committee’s Procedures provide that FHNC will withhold shares
and cash at vesting in the amount necessary to cover your required withholding taxes; however, the Procedures may be changed at any time. You are not permitted to make any election in accordance with Section 83(b) of the Internal Revenue Code
of 1986, as amended, to include in your gross income for federal income tax purposes the value of this award this year. If you make a Section 83(b) election, it will result in the forfeiture of this award. 

 Questions about your RSU award? 

Important information concerning the Plan and this RSU award is contained in a prospectus. Copies of the current prospectus (including
all applicable supplements) are delivered separately, and you may request a copy of the Governing Plan or prospectus at any time. If you have questions about your RSU award or need a copy of the Governing Plan, related prospectus, or current
Procedures, contact Fidelity Investment’s Executive Relationship Officer at 800-823-0217 x511. For all your personal stock incentive information, you may view your award and other information on Fidelity’s website at www.NetBenefits.com.

 [Managing Your Money logo]

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