Document:

EXHIBIT 10.1

 Exhibit 10.1 
  
 AMERICASBANK CORP. 
 2004 STOCK INCENTIVE PLAN 
  
 1. Establishment,
Purpose and Types of Awards. AMERICASBANK CORP., a Maryland corporation (the “Company”), hereby establishes the AMERICASBANK CORP. 2004 STOCK INCENTIVE PLAN (the “Plan”). The purpose of the Plan is to promote the long-term
growth and profitability of the Company and its subsidiaries by (i) providing key people with incentives to improve stockholder value and to contribute to the growth and financial success of the Company and its subsidiaries through their future
services, and (ii) enabling the Company and its subsidiaries to attract, retain and reward the best-available persons. 
  
 The Plan permits the granting of stock options (including incentive stock options qualifying under Code section 422 and nonstatutory stock options), stock
appreciation rights, restricted stock awards, phantom stock, performance awards, other stock-based awards, or any combination of the foregoing. 
  
 2. Definitions. Under the Plan, except where the context otherwise indicates, the following definitions apply: 
  
 “Administrator” means the Board or the
committee(s) or officer(s) appointed by the Board that have authority to administer the Plan as provided in Section 3 hereof. 
  
 “Affiliate” means any entity, whether now or hereafter existing, which controls, is controlled by, or is under common control
with, the Company (including, but not limited to, joint ventures, limited liability companies, and partnerships). For this purpose, “control” shall mean ownership of 50% or more of the total combined voting power or value of all classes of
stock or interests of the entity. 
  
 “Award” means any stock option, stock appreciation right, stock award, phantom stock award, performance award, or other stock-based award pursuant to the Plan. 
  
 “Bank” means AmericasBank, a Maryland-chartered commercial bank. 
  
 “Board” means the Board of Directors of the
Company. 
  
 “Change of Control” means
any one of the following events: 
  
 (i) the
acquisition by any person or persons acting in concert of the then outstanding voting securities of either the Bank or the Company, if, after the transaction, the acquiring person (or persons) owns, controls or holds with power to vote fifty percent
(50%) or more of any class of voting securities of the Bank or the Company, as the case may be, or such other transaction as may be described under 12 C.F.R. Section 225.41(b)(1) or any successor thereto; 
  

 (ii) the approval by the stockholders of either the Bank or the Company of a
reorganization, merger or consolidation, with respect to which persons who were the stockholders of either the Bank or the Company, as the case may be, immediately prior to such reorganization, merger or consolidation do not, immediately thereafter,
own more than fifty percent (50%) of the combined voting power entitled to vote in the election of directors of the reorganized, merged or consolidated company’s then outstanding voting securities; 
  
 (iii) the sale, transfer or assignment of all or
substantially all of the assets of the Company or the Bank to any third party; or 
  
 (iv) within any twelve-month period (beginning March 11, 2004) the persons who were directors of the Bank immediately before the beginning
of such twelve-month period (the “Incumbent Directors”) cease to constitute at least a majority of such board of directors; provided that any director who was not a director as of the Effective Date will be deemed to be an Incumbent
Director if that director was elected to such board of directors by, or on the recommendation of or with the approval of either (1) a majority of the directors who then qualified as Incumbent Directors or (2) the nominating committee of the Board of
Directors of the Company. 
  
 “Code”
means the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder. 
  
 “Common Stock” means the Company’s common stock, par value $0.01 per share. 
  
 “Fair Market Value” means, with respect to a share
of Common Stock for any purpose on a particular date, the value determined by the Administrator in good faith; provided, however, that if the Common Stock is publicly traded, “Fair Market Value” shall be determined by reference to, as
applicable: (i) the price per share in the Company’s 2004 public offering which closed on March 11, 2004, (ii) either the closing price or the average of the high and low sale price on the relevant date, as determined in the
Administrator’s discretion, quoted on the New York Stock Exchange, the American Stock Exchange, or the Nasdaq National Market; (iii) either the last sale price or the average of the high and low sale price on the relevant date, as determined in
the Administrator’s discretion, quoted on the Nasdaq SmallCap Market; (iv) the average of the high bid and low asked prices on the relevant date quoted on the OTC Bulletin Board Service or by the National Quotation Bureau, Inc. or a comparable
service as determined in the Administrator’s discretion; or (v) if the Common Stock is not listed or quoted by any of the above, the average of the closing bid and asked prices on the relevant date furnished by a professional market maker for
the Common Stock, or by such other source, selected by the Administrator. If no public trading of the Common Stock occurs on the relevant date but the shares are so listed or quoted, then Fair Market Value shall be determined as of the next
preceding date on which trading of the Common Stock does occur. For all purposes under the Plan, the term “relevant date” as used in this definition means either the date as of which Fair Market Value is to be determined or the next
preceding date on which public trading of the Common Stock occurs, as determined in the Administrator’s discretion. 
  

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 “Grant Agreement” means a written document memorializing the terms and
conditions of an Award granted pursuant to the Plan. Each Grant Agreement shall incorporate the terms of the Plan. 
  
 3. Administration. 
  
 (a) Administration of the Plan. The Plan shall be administered by the Administrator; provided, however, that unless otherwise
determined by the Board, the Administrator shall be composed solely of two or more persons who are “outside directors” within the meaning of Code section 162(m)(4)(C)(i) and the regulations promulgated thereunder. To the extent allowed by
applicable state or federal law, the Board by resolution may authorize an officer or officers to grant Awards (other than stock Awards) to other officers and employees of the Company and its Affiliates, and, to the extent of such authorization, such
officer or officers shall be the Administrator. 
  
 (b) Powers of the Administrator. The Administrator shall have all the powers vested in it by the terms of the Plan, such powers to include authority, in its sole and absolute discretion, to grant Awards under the Plan, prescribe
Grant Agreements evidencing such Awards and establish programs for granting Awards. 
  
 The Administrator shall have full power and authority to take all other actions necessary to carry out the purpose and intent of the Plan,
including, but not limited to, the authority to: (i) determine the eligible persons to whom, and the time or times at which Awards shall be granted; (ii) determine the types of Awards to be granted; (iii) determine the number of shares to be covered
by or used for reference purposes for each Award; (iv) impose such terms, limitations, restrictions and conditions (not inconsistent with the Plan) upon any such Award as the Administrator shall deem appropriate; (v) modify, amend, extend or renew
outstanding Awards, or accept the surrender of outstanding Awards and substitute new Awards (provided however, that, except as provided in Section 6 or 7(d) of the Plan, any modification that would impair any outstanding Award shall not be made
without the consent of the holder); (vi) accelerate or otherwise change the time in which an Award may be exercised or becomes payable and to waive or accelerate the lapse, in whole or in part, of any restriction or condition with respect to such
Award, including, but not limited to, any restriction or condition with respect to the vesting or exercisability of an Award following termination of any grantee’s employment or other relationship with the Company; (vii) establish objectives
and conditions (including, without limitation, vesting criteria), if any, for earning Awards and determining whether such objectives and conditions have been satisfied; (viii) determine the Fair Market Value of the Common Stock in accordance with
the Plan; and (ix) for any purpose, including but not limited to, qualifying for preferred tax treatment under foreign tax laws or otherwise complying with the regulatory requirements of local or foreign jurisdictions, to establish, amend, modify,
administer or terminate sub-plans, and prescribe, amend and rescind rules and regulations relating to such sub-plans. 
  
 The Administrator shall have full power and authority, in its reasonable discretion, to administer and interpret the Plan, Grant
Agreements and all other documents relevant to the Plan and Awards issued thereunder, and to adopt and interpret such rules, regulations, 

  

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agreements, guidelines and instruments for the administration of the Plan and for the conduct of its business as the Administrator deems necessary or
advisable. 
  
 (c) Non-Uniform
Determinations. The Administrator’s determinations under the Plan (including, without limitation, determinations of the persons to receive Awards, the form, amount and timing of such Awards, the terms and provisions of such Awards and the
Grant Agreements evidencing such Awards) need not be uniform and may be made by the Administrator selectively among persons who receive, or are eligible to receive, Awards under the Plan, whether or not such persons are similarly situated.

  
 (d) Limited Liability. To the maximum
extent permitted by law, no member of the Administrator shall be liable for any action taken or decision made in good faith relating to the Plan or any Award thereunder. 
  
 (e) Indemnification. To the maximum extent permitted by law and by the Company’s charter and
by-laws, the members of the Administrator shall be indemnified by the Company in respect of all their activities under the Plan. 
  
 (f) Effect of Administrator’s Decision. All actions taken and decisions and determinations made by the Administrator on all
matters relating to the Plan pursuant to the powers vested in it hereunder shall be in the Administrator’s reasonable discretion and shall be binding on all parties concerned, including the Company, its stockholders, any participants in the
Plan and any other employee, consultant, or director of the Company, and their respective successors in interest. 
  
 4. Shares Available for the Plan; Maximum Awards. Subject to adjustments as provided in Section 7(d) of the Plan, the shares of Common Stock that
may be issued with respect to Awards granted under the Plan shall not exceed an aggregate of 1,283,121 shares of Common Stock. The Company shall reserve such number of shares for Awards under the Plan, subject to adjustments as provided in Section
7(d) of the Plan. If any Award, or portion of an Award, under the Plan expires or terminates unexercised, becomes unexercisable or is forfeited or otherwise terminated, surrendered or canceled as to any shares, or if any shares of Common Stock are
repurchased by or surrendered to the Company in connection with any Award (whether or not such surrendered shares were acquired pursuant to any Award), or if any shares are withheld by the Company, the shares subject to such Award and the
repurchased, surrendered and withheld shares shall thereafter be available for further Awards under the Plan; provided, however, that to the extent required by applicable law, any such shares that are surrendered to or repurchased or withheld by the
Company in connection with any Award or that are otherwise forfeited after issuance shall not be available for purchase pursuant to incentive stock options intended to qualify under Code section 422. 
  
 5. Participation. Participation in the Plan shall be open to all
employees, officers, and directors of, and other individuals providing bona fide services to or for, the Company, or of any Affiliate of the Company, as may be selected by the Administrator from time to time. The Administrator may also grant Awards
to individuals in connection with hiring, retention or 

  

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otherwise, prior to the date the individual first performs services for the Company or an Affiliate, provided that such Awards shall not become vested or
exercisable prior to the date the individual first commences performance of such services. 
  
 6. Awards. The Administrator, in its sole discretion, establishes the terms of all Awards granted under the Plan. Awards may be granted individually or in tandem with other types of Awards. Each Award shall be
evidenced by a Grant Agreement, and each Award shall be subject to the terms and conditions provided in the applicable Grant Agreement. The Administrator may permit or require a recipient of an Award to defer such individual’s receipt of the
payment of cash or the delivery of Common Stock that would otherwise be due to such individual by virtue of the exercise of, payment of, or lapse or waiver of restrictions respecting, any Award. If any such payment deferral is required or permitted,
the Administrator shall, in its sole discretion, establish rules and procedures for such payment deferrals. Notwithstanding anything to the contrary contained in the Plan, except with respect to substitute awards as described in Section 7(e), the
exercise price of any stock option and the purchase price of any Common Stock which may be purchased under any other stock-based award granted under the 2004 Plan will not be less than 100% of the Fair Market Value of the Common Stock on the date of
the grant. 
  
 (a) Stock Options. The
Administrator may from time to time grant to eligible participants Awards of incentive stock options as that term is defined in Code section 422 or nonstatutory stock options; provided, however, that Awards of incentive stock options shall be
limited to employees of the Company or of any current or hereafter existing “parent corporation” or “subsidiary corporation,” as defined in Code sections 424(e) and (f), respectively, of the Company. Options intended to qualify
as incentive stock options under Code section 422 must have an exercise price at least equal to Fair Market Value as of the date of grant (or such greater amount as may be required by the Code). No stock option shall be an incentive stock option
unless so designated by the Administrator at the time of grant or in the Grant Agreement evidencing such stock option. 
  
 (b) Stock Appreciation Rights. The Administrator may from time to time grant to eligible participants Awards of Stock Appreciation
Rights (“SAR”). An SAR entitles the grantee to receive, subject to the provisions of the Plan and the Grant Agreement, a payment having an aggregate value equal to the product of (i) the excess of (A) the Fair Market Value on the exercise
date of one share of Common Stock over (B) the base price per share specified in the Grant Agreement, times (ii) the number of shares specified by the SAR, or portion thereof, which is exercised. Payment by the Company of the amount receivable upon
any exercise of an SAR may be made by the delivery of Common Stock or cash, or any combination of Common Stock and cash, as determined in the sole discretion of the Administrator. If upon settlement of the exercise of an SAR a grantee is to receive
a portion of such payment in shares of Common Stock, the number of shares shall be determined by dividing such portion by the Fair Market Value of a share of Common Stock on the exercise date. No fractional shares shall be used for such payment and
the Administrator shall determine whether cash shall be given in lieu of such fractional shares or whether such fractional shares shall be eliminated. 
  

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 (c) Stock Awards. The Administrator may from time to time grant restricted stock
Awards to eligible participants in such amounts, on such terms and conditions, and for such consideration, including no consideration or such minimum consideration as may be required by law, as it shall determine. A stock Award may be paid in Common
Stock, in cash, or in a combination of Common Stock and cash, as determined in the sole discretion of the Administrator. 
  
 (d) Phantom Stock. The Administrator may from time to time grant Awards to eligible participants denominated in stock-equivalent
units (“phantom stock”) in such amounts and on such terms and conditions as it shall determine. Phantom stock units granted to a participant shall be credited to a bookkeeping reserve account solely for accounting purposes and shall not
require a segregation of any of the Company’s assets. An Award of phantom stock may be settled in Common Stock, in cash, or in a combination of Common Stock and cash, as determined in the sole discretion of the Administrator. Except as
otherwise provided in the applicable Grant Agreement, the grantee shall not have the rights of a stockholder with respect to any shares of Common Stock represented by a phantom stock unit solely as a result of the grant of a phantom stock unit to
the grantee. 
  
 (e) Performance Awards.
The Administrator may, in its discretion, grant performance awards which become payable on account of attainment of one or more performance goals established by the Administrator. Performance awards may be paid by the delivery of Common Stock or
cash, or any combination of Common Stock and cash, as determined in the sole discretion of the Administrator. Performance goals established by the Administrator may be based on the Company’s or an Affiliate’s operating income or one or
more other business criteria selected by the Administrator that apply to an individual or group of individuals, a business unit, or the Company or an Affiliate as a whole, over such performance period as the Administrator may designate. 

 
 (f) Other Stock-Based Awards. The Administrator
may from time to time grant other stock-based awards to eligible participants in such amounts, on such terms and conditions, and for such consideration, including no consideration or such minimum consideration as may be required by law, as it shall
determine. Other stock-based awards may be denominated in cash, in Common Stock or other securities, in stock-equivalent units, in stock appreciation units, in securities or debentures convertible into Common Stock, or in any combination of the
foregoing and may be paid in Common Stock or other securities, in cash, or in a combination of Common Stock or other securities and cash, all as determined in the sole discretion of the Administrator. 
  
 7. Miscellaneous. 
  
 (a) Withholding of Taxes. Grantees and holders of
Awards shall pay to the Company or its Affiliate, or make provision satisfactory to the Administrator for payment of, any taxes required to be withheld in respect of Awards under the Plan no later than the date of the event creating the tax
liability. The Company or its Affiliate may, to the extent permitted by law, deduct any such tax obligations from any payment of any kind otherwise due to the grantee or 

  

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holder of an Award. In the event that payment to the Company or its Affiliate of such tax obligations is made in shares of Common Stock, such shares shall be
valued at Fair Market Value on the applicable date for such purposes and shall not exceed in amount the minimum statutory tax withholding obligation. 
  
 (b) Loans. To the extent otherwise permitted by law, the Company or its Affiliate may make or guarantee loans to grantees to assist
grantees in exercising Awards and satisfying any withholding tax obligations. 
  
 (c) Transferability. Except as otherwise determined by the Administrator, and in any event in the case of an incentive stock option or a stock appreciation right granted with respect to an incentive stock
option, no Award granted under the Plan shall be transferable by a grantee otherwise than by will or the laws of descent and distribution. Unless otherwise determined by the Administrator in accord with the provisions of the immediately preceding
sentence, an Award may be exercised during the lifetime of the grantee, only by the grantee or, during the period the grantee is under a legal disability, by the grantee’s guardian or legal representative. 
  
 (d) Adjustments for Corporate Transactions and Other
Events. 
  
 (i) Stock Dividend, Stock
Split and Reverse Stock Split. In the event of a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, (A) the maximum number of shares of such Common Stock as to which Awards may be granted under the Plan, and
(B) the number of shares covered by and the exercise price and other terms of outstanding Awards, shall, without further action of the Board, be adjusted to reflect such event. The Administrator may make adjustments, in its reasonable discretion, to
address the treatment of fractional shares and fractional cents that arise with respect to outstanding Awards as a result of the stock dividend, stock split or reverse stock split. 
  
 (ii) Non-Change of Control Transactions. Except with respect to the transactions set forth in Section
7(d)(i), in the event of any change affecting the Common Stock, the Company or its capitalization, by reason of a spin-off, split-up, dividend, recapitalization, merger, consolidation or share exchange, other than any such change that is part of a
transaction resulting in a Change of Control of the Company, the Administrator, in its reasonable discretion and without the consent of the holders of the Awards, may make (A) appropriate adjustments to the maximum number and kind of shares reserved
for issuance or with respect to which Awards may be granted under the Plan, in the aggregate, as provided in Section 4 of the Plan; and (B) any adjustments in outstanding Awards, including but not limited to modifying the number, kind and price of
securities subject to Awards. 
  
 (iii) Change
of Control Transactions. In the event of any transaction resulting in a Change of Control of the Company (A) outstanding stock options and other Awards that are payable in or convertible into Common Stock under the Plan will terminate upon the
effective time of such Change in Control unless provision is made in connection with the transaction for the continuation or assumption of such Awards by, or for the substitution of the 

  

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equivalent awards of, the surviving or successor entity or a parent thereof; (B) all outstanding stock options and other Awards shall vest and become
exercisable to the extent provided for in the applicable Grant Agreement, and (C) the holders of stock options and other Awards under the Plan will be permitted, immediately before the Change in Control, to exercise or convert all portions of such
stock options or other Awards under the Plan that are then exercisable or convertible or which become exercisable or convertible upon or prior to the effective time of the Change in Control. 
  
 (iv) Unusual or Nonrecurring Events. The
Administrator is authorized to make, in its reasonable discretion and without the consent of holders of Awards, adjustments in the terms and conditions of, and the criteria included in, Awards in recognition of unusual or nonrecurring events
affecting the Company, or the financial statements of the Company or any Affiliate, or of changes in applicable laws, regulations, or accounting principles, whenever the Administrator reasonably determines that such adjustments are appropriate in
order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan, provided, however, that except as expressly provided in the Grant Agreement, no such adjustment shall adversely affect an
outstanding Award without the consent of the grantee. 
  
 (e) Substitution of Awards in Mergers and Acquisitions. Awards may be granted under the Plan from time to time in substitution for awards held by employees, officers, consultants or directors of entities who become or are about to
become employees, officers, consultants or directors of the Company or an Affiliate as the result of a merger or consolidation of the employing entity with the Company or an Affiliate, or the acquisition by the Company or an Affiliate of the assets
or stock of the employing entity. The terms and conditions of any substitute Awards so granted may vary from the terms and conditions set forth herein to the extent that the Administrator deems appropriate at the time of grant to conform the
substitute Awards to the provisions of the awards for which they are substituted. 
  
 (f) Other Agreements. As a condition precedent to the exercise of any Award, or to the delivery of certificates for shares issued
pursuant to any Award, the Administrator may require the grantee or the grantee’s successor or permitted transferee, as the case may be, to become a party to a right of first refusal agreement in favor of any employee stock ownership plan
hereafter established by the Company, in such form(s) as the Administrator may determine in its reasonable discretion from time to time. 
  
 (g) Termination, Amendment and Modification of the Plan. The Board may terminate, amend or modify the Plan or any portion thereof
at any time, but no amendment or modification shall be made which would impair the rights of any grantee under any Award theretofore made, without his or her consent. Notwithstanding anything to the contrary contained in the Plan, the Board may not
amend or modify the Plan or any portion thereof without shareholder approval where such approval is required by applicable law or by the rules of any securities exchange or quotation system (e.g., Nasdaq) on which the Common Stock is listed or
traded. Furthermore, notwithstanding anything to the contrary contained in the Plan, the administrator may not amend or modify any Award if such amendment or modification would require the approval of the shareholders if the amendment or
modification were made to the Plan. 
  

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 (h) Non-Guarantee of Employment or Service. Nothing in the Plan or in any Grant
Agreement thereunder shall confer any right on an individual to continue in the service of the Company or shall interfere in any way with the right of the Company to terminate such service at any time with or without cause or notice and whether or
not such termination results in (i) the failure of any Award to vest; (ii) the forfeiture of any unvested or vested portion of any Award; and/or (iii) any other adverse effect on the individual’s interests under the Plan. 
  
 (i) Compliance with Securities Laws; Listing and
Registration. If at any time the Administrator determines that the delivery of Common Stock under the Plan is or may be unlawful under the laws of any applicable jurisdiction, or Federal, state or foreign securities laws, the right to exercise
an Award or receive shares of Common Stock pursuant to an Award shall be suspended until the Administrator determines that such delivery is lawful. The Company shall have no obligation to effect any registration or qualification of the Common Stock
under Federal, state or foreign laws. 
  
 The
Company may require that a grantee, as a condition to exercise of an Award, and as a condition to the delivery of any share certificate, make such written representations (including, without limitation, representations to the effect that such Common
Stock is being acquired solely for investment and that such person will not dispose of the Common Stock so acquired in violation of Federal, state or foreign securities laws) and furnish such information as may, in the opinion of counsel for the
Company, be appropriate to permit the Company to issue the Common Stock in compliance with applicable Federal, state or foreign securities laws. The stock certificates for any shares of Common Stock issued pursuant to the Plan may bear a legend
restricting transferability of the shares of Common Stock unless such shares are registered or an exemption from registration is available under the Securities Act of 1933, as amended, and applicable state or foreign securities laws. 
  
 (j) No Trust or Fund Created. Neither the Plan nor
any Award shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company and a grantee or any other person. To the extent that any grantee or other person acquires a right to receive
payments from the Company pursuant to an Award, such right shall be no greater than the right of any unsecured general creditor of the Company. 
  
 (k) Governing Law. The validity, construction and effect of the Plan, of Grant Agreements entered into pursuant to the Plan, and of
any rules, regulations, determinations or decisions made by the Administrator relating to the Plan or such Grant Agreements, and the rights of any and all persons having or claiming to have any interest therein or thereunder, shall be determined
exclusively in accordance with applicable federal laws and the laws of the State of Maryland without regard to its conflict of laws principles. 
  
 (l) Effective Date; Termination Date. The Plan is effective as of the date on which the Plan is adopted by the Board, subject to
approval of the stockholders within twelve months before or after such date, and shall continue in effect for a term of ten (10) years, unless earlier terminated pursuant to Section 7(g) hereof. No Award shall be granted under the Plan 

  

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after the close of business on the day immediately preceding the tenth anniversary of the effective date of the Plan, or if earlier, the tenth anniversary of
the date the Plan is approved by the stockholders, and no Award under the Plan shall have a term of more than ten (10) years. Subject to other applicable provisions of the Plan, all Awards made under the Plan prior to such termination of the Plan
shall remain in effect until such Awards have been satisfied or terminated in accordance with the Plan and the terms of such Awards, provided, however, that no Award that contemplates exercise or conversion may be exercised or converted, and no
other Award that defers vesting, shall remain outstanding and unexercised, unconverted or unvested for more than ten years after the date the award was initially granted. 
  
 (m) Regulatory Restrictions. The inability of the Company to obtain any necessary authority from any
regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful exercise or payment of any Award hereunder, shall relieve the Company of any liability in respect of the exercise or payment
of such Award to the extent such requisite authority shall have been deemed necessary and shall not have been obtained. 
  
 PLAN APPROVAL 
  
 Date Approved by the Board: March 11, 2004 
  
 Date Approved by the Stockholders:
                                     
  

 10EXHIBIT 10.2

 Exhibit 10.2 
  
 AMERICASBANK CORP. 
 STOCK OPTION CERTIFICATE 
  
 THIS CERTIFIES THAT
AMERICASBANK CORP., a Maryland corporation (the “Company”), has awarded to Mark Anders (the “Employee”), under the AMERICASBANK CORP. 2004 STOCK INCENTIVE PLAN (the “Plan”), incentive stock options (each an
“Option”; collectively, the “Options”) to purchase 320,000 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”), at a price of $2.00 per share (the “Exercise Price”). This
Certificate constitutes part of and is subject to the terms and provisions of the attached Incentive Stock Option Grant Agreement, which is incorporated by reference herein. 
  
 Grant Date: March 11, 2004 
  

Expiration Date: Subject to the provisions of Section 7 of the attached Incentive Stock Option Grant Agreement, the Options expire at 5:00 p.m.
Eastern Time on the last business day prior to the tenth anniversary of the Grant Date (the “Expiration Date”), unless fully exercised or terminated earlier. 
  
 Vesting Schedule: The Options vest and become exercisable in accordance with the vesting schedule set forth on
Exhibit A to the attached Incentive Stock Option Grant Agreement. The extent to which the Options are vested and exercisable as of a particular vesting date is rounded down to the nearest whole share. However, vesting is rounded up to the
nearest whole share on the last vesting date. 
  
 Subject to
Shareholder Approval: The effectiveness of this Agreement shall be subject to the approval of the Plan by the shareholders of the Company at the 2004 annual meeting of the shareholders of the Company. In the event that the Plan is not approved
at such time, this Agreement shall be null, void and of no force or effect. 
  
 IN WITNESS WHEREOF, the Company has caused this Certificate to be executed by its duly authorized officer on this 11th day of March 11, 2004. 
  

					
	 AMERICASBANK CORP.

		
	By:	 	            /s/ Lee Warner
	 	 	

	 	 	 Name:
	 	 Lee Warner

	 	 	 Title:
	 	 Chairman

  
 The undersigned
hereby acknowledges that he/she has carefully read the attached Incentive Stock Option Grant Agreement and the Plan and agrees to be bound by all of the provisions set forth in such documents. 
  

	
	 EMPLOYEE:

	
	         /s/ Mark Anders

	

	 Name: Mark Anders

  
 Date: March 11, 2004 
  

			
	Enclosures:	  	 Incentive Stock Option Grant Agreement
 AMERICASBANK
CORP. 2004 STOCK INCENTIVE PLAN
 Exercise Form

  

 Grant No. 001 
  
 Incentive Stock Option Grant Agreement 
 Under The 
 AMERICASBANK CORP. 2004 STOCK INCENTIVE PLAN 
  
 1. Terminology. All capitalized words that are not defined in this
Incentive Stock Option Grant Agreement (this “Agreement”) have the meanings specified in the Plan or the Stock Option Certificate. For purposes of this Agreement, the terms below have the following meanings: 
  
 “Average Assets” means, for any period, the
Bank’s average assets, as determined in accordance with generally accepted accounting principles and bank regulatory requirements. 
  
 “Bank” means AmericasBank, a wholly owned subsidiary of the Company. 
  
 “Cause” has the meaning ascribed to such term or
words of similar import in the Employee’s written employment or service contract with the Company and, in the absence of such agreement or definition, means the Employee’s (i) conviction of, or plea of guilty or nolo contendere to, a
felony or crime involving moral turpitude; (ii) fraud on or misappropriation of any funds or property of the Company, any affiliate, customer or vendor; (iii) personal dishonesty, incompetence, willful misconduct, willful violation of any law, rule
or regulation (other than minor traffic violations or similar offenses) or breach of fiduciary duty which involves personal profit; (iv) willful misconduct in connection with the Employee’s duties or willful failure to perform the
Employee’s responsibilities in the best interests of the Company; (v) illegal use or distribution of drugs; (vi) violation of any Company rule, regulation, procedure or policy; or (vii) breach of any provision of any employment, non-disclosure,
non-competition, non-solicitation or other similar agreement executed by the Employee for the benefit of the Company, all as determined by the Administrator, which determination will be conclusive. 
  
 “Charge-Off Amount” means, for any fiscal period,
the aggregate amount of loan and lease charge-offs made by the Bank, as determined in accordance with generally accepted accounting principles and bank regulatory requirements. 
  
 “Charge-Off Threshold” means, for any fiscal period, 0.3% of the Bank’s aggregate gross loans
and leases extended during such period, as determined in accordance with generally accepted accounting principles and bank regulatory requirements. 
  
 “Company” includes AMERICASBANK CORP. and its Affiliates, except where the context otherwise requires. 
  
 “Good Reason” has the meaning ascribed to such
term or words of similar import in the Employee’s written employment or service contract with the Company and, in the absence of such agreement or definition, means any of the following that occurs coincident with or following a Change of
Control, if not cured and corrected by the Company or its successor 

  

 Grant No. 001 
  

 
within 10 business days after written notice thereof by the Employee to the Company or its successor: (i) any change in the Employee’s title or position
that constitutes a material diminution in authority as compared to the authority of the Employee’s title or position immediately prior to the occurrence of the Change of Control; (ii) any material reduction in the Employee’s annual base
salary as in effect on the effective date of the Change of Control; (iii) a substantial diminution in the Employee’s duties and responsibilities (other than a change due to the Employee’s Total and Permanent Disability or as an
accommodation under the Americans With Disabilities Act, as amended); or (iv) any requirement that the Employee relocate, by more than 100 miles, the principal location from which he performs services for the Company as compared to such location
immediately prior to the occurrence of the Change of Control; provided, however, that no diminution of title, position, duties or responsibilities shall be deemed to occur solely because the Company becomes a subsidiary of another
corporation or entity or because there has been a change in the reporting hierarchy incident thereto involving the Employee. 
  
 “Non-Performing Amount” means, as of any determination date, the amount of the Bank’s total loans and leases outstanding
that have been classified as “non-performing” (or similar status) by the Bank’s regulators. 
  
 “Non-Performing Threshold” means, as of any determination date, 1.0% of the Bank’s total loans and leases outstanding, as
determined in accordance with generally accepted accounting principles and bank regulatory requirements. 
  
 “Option Shares” mean the shares of Common Stock underlying the Options. 
  
 “ROAA” means, for any fiscal period, the
Bank’s return on Average Assets, as determined in accordance with generally accepted accounting principles and bank regulatory requirements. 
  
 “Total and Permanent Disability” has the meaning ascribed to such term or words of similar import in the Employee’s written
employment or service contract with the Company and, in the absence of such agreement or definition, means the inability to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be
expected to result in death or which has lasted or can be expected to last for a continuous period of not less than twelve months. The Administrator may require such proof of Total and Permanent Disability as the Administrator in its sole discretion
deems appropriate and the Administrator’s good faith determination as to whether the Employee is totally and permanently disabled will be final and binding on all parties concerned. 
  
 2. Vesting. 
  
 (a) The Options vest in accordance with the vesting schedule identified in the Stock Option Certificate which is attached hereto and
constitutes a part of the Agreement (the “Vesting Schedule”), so long as the Employee is in the continuous employ of, or in a service 

  

 2 

 Grant No. 001 
  

 
relationship with, the Company from the Grant Date through the applicable date upon which vesting is scheduled to occur. No vesting will accrue to any
Options after the Employee ceases to be in either an employment or other service relationship with the Company. 
  
 (b) Except to the extent that the Options have earlier terminated or become fully vested, including by way of the provisions of Section 10
of this Agreement, 100% of the Options shall become fully vested upon termination of the Employee’s employment or other service relationship with the Company if the Company or its successor terminates the Employee without Cause or the Employee
terminates with Good Reason. 
  
 3. Exercise of Options.

  
 (a) Right to Exercise. The Employee
may exercise the Options to the extent vested at any time on or before the Expiration Date or the earlier termination of the Options, unless otherwise provided in this Agreement. Section 4 below describes certain limitations on exercise of the
Options that apply in the event of the Employee’s death, Total and Permanent Disability, or termination of employment or other service relationship with the Company. The Options may be exercised only in multiples of whole shares and may not be
exercised at any one time as to fewer than one hundred shares (or such lesser number of shares as to which the Options are then exercisable). No fractional shares will be issued under the Options. 
  
 (b) Exercise Procedure. In order to exercise the
Options, the following items must be delivered to the Secretary of the Company before the expiration or termination of the Options: (i) an exercise notice, in such form as the Administrator may require from time to time, specifying the number of
Option Shares to be purchased, (ii) full payment of the Exercise Price for such Option Shares or properly executed, irrevocable instructions, in such form as the Administrator may require from time to time, to effectuate a broker-assisted cashless
exercise, each in accordance with Section 3(c) of this Agreement, and (iii) an executed copy of any other agreements requested by the Administrator pursuant to Section 3(d) of this Agreement. An exercise will not be effective until all of the
foregoing items are received by the Secretary of the Company. 
  
 (c) Method of Payment. Payment of the Exercise Price may be made by delivery of cash, certified or cashier’s check, money order or other cash equivalent acceptable to the Administrator in its discretion.
In addition, at the sole discretion of the Administrator, payment of the Exercise Price may be made by a broker-assisted cashless exercise in accordance with Regulation T of the Board of Governors of the Federal Reserve System through a brokerage
firm approved by the Administrator or such other payment method as may be acceptable to the Administrator from time to time in its sole discretion. 
  
 (d) Issuance of Shares upon Exercise. Upon exercise of the Options in accordance with the terms of this Agreement, the Company will
issue to the Employee or such other person exercising the Options the number of shares of Common Stock so paid for, in the form of fully paid and nonassessable stock. The Company will deliver stock certificates for the Option Shares 

  

 3 

 Grant No. 001 
  

 
as soon as practicable after exercise, which certificates will, unless such Option Shares are registered or an exemption from registration is available under
applicable federal and state law, bear a legend restricting transferability of such shares. 
  
 4. Termination of Employment or Service. 
  
 (a) Exercise Period Following Cessation of Employment or Other Service Relationship, In General. If the Employee ceases to be
employed by, or in a service relationship with, the Company for any reason other than death, Total and Permanent Disability, or discharge for Cause, (i) the unvested Options, after giving effect to the provisions of Section 2 of this Agreement,
terminate immediately upon such cessation, and (ii) the vested Options remain exercisable during the 90-day period following such cessation, but in no event after the Expiration Date. Unless sooner terminated, the vested Options terminate upon the
expiration of such 90-day period. 
  
 (b)
Disability of Employee. Notwithstanding the provisions of Section 4(a) above, if the Employee ceases to be employed by, or in a service relationship with, the Company as a result of the Employee’s Total and Permanent Disability, (i) the
unvested Options, after giving effect to the provisions of Section 2 of this Agreement, terminate immediately upon such cessation, and (ii) the vested Options remain exercisable during the one-year period following such cessation, but in no event
after the Expiration Date. Unless sooner terminated, the vested Options terminate upon the expiration of such one-year period. 
  
 (c) Death of Employee. If the Employee dies prior to the expiration or other termination of the Options, (i) the unvested Options,
after giving effect to the provisions of Section 2 of this Agreement, terminate immediately upon the Employee’s death, and (ii) the vested Options remain exercisable during the one-year period following the Employee’s death, but in no
event after the Expiration Date, by the Employee’s executor, personal representative, or the person(s) to whom the Options are transferred by will or the laws of descent and distribution. Unless sooner terminated, the vested Options terminate
upon the expiration of such one-year period. 
  
 (d) Misconduct. Notwithstanding anything to the contrary in this Agreement, the Options terminate in their entirety, regardless of whether the Options are vested, immediately upon the Employee’s discharge of employment or other
service relationship for Cause. 
  
 (e) Change
in Status. If the Employee’s relationship with the Company ceases to be a “common law employee” relationship but the Employee continues to provide bona fide services to the Company following such cessation in a different capacity,
including without limitation as a director, consultant or independent contractor, then a termination of employment or other service relationship shall not be deemed to have occurred for purposes of this Section 4 upon such change in relationship.
Notwithstanding the foregoing, the Options shall not be treated as incentive stock options within the meaning of Code section 422 with respect to any 

  

 4 

 Grant No. 001 
  

 
exercise that occurs more than three months after such cessation of the common law employee relationship (except as otherwise permitted under Code section
421 or 422). 
  
 5. [Intentionally Omitted] 
  
 6. Nontransferability of Options. These Options are nontransferable
otherwise than by will or the laws of descent and distribution. In addition, during the lifetime of the Employee, the Options may be exercised only by the Employee or, during the period the Employee is under a legal disability, by the
Employee’s guardian or legal representative. Except as provided above, the Options may not be assigned, transferred, pledged, hypothecated or disposed of in any way (whether by operation of law or otherwise) and shall not be subject to
execution, attachment or similar process. 
  
 7. Qualified
Nature of the Options. The Options are intended to qualify as incentive stock options within the meaning of Code section 422 (“Incentive Stock Options”), to the fullest extent permitted by Code section 422, and this Agreement shall be
so construed. Pursuant to Code section 422(d) the aggregate fair market value (determined as of the Grant Date) of shares of Common Stock with respect to which all Incentive Stock Options first become exercisable by the Employee in any calendar year
under the Plan or any other plan of the Company (and its parent and subsidiary corporations, within the meaning of Code section 424(e) and (f), as may exist from time to time) may not exceed $100,000 or such other amount as may be permitted from
time to time under Code section 422. To the extent that such aggregate fair market value would otherwise exceed $100,000 or other applicable amount in any calendar year, such Incentive Stock Options shall not be exercisable by the Employee during
that calendar year, and shall be exercisable in the next succeeding calendar year (subject, in each case, to the provisions of Section 4 hereof), subject again to the foregoing limitations; provided, however, that this limitation shall not apply to
any Option in the calendar year in which it expires or terminates under this Agreement, and to the extent the aggregate fair market value limitation is exceeded in that year the Options shall be treated as nonstatutory stock options. For this
purpose, the Incentive Stock Options will be taken into account in the order in which they were granted. In such case, the Company may designate the shares of Common Stock that are to be treated as stock acquired pursuant to the exercise of
Incentive Stock Options and the shares of Common Stock that are to be treated as stock acquired pursuant to nonstatutory stock options by issuing separate certificates for such shares and identifying the certificates as such in the stock transfer
records of the Company. 
  
 Notwithstanding anything herein to the
contrary, if the Employee owns, directly or indirectly through attribution, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of any of its subsidiaries (within the meaning of Code section
424(f)) on the Grant Date, then (A) the Exercise Price is the greater of (1) the Exercise Price stated on the Stock Option Certificate which is attached hereto and constitutes a part of this Agreement or (2) 110% of the Fair Market Value of the
Common Stock on the Grant Date, and (B) the Expiration Date is the last business day prior to the fifth anniversary of the Grant Date. 
  

 5 

 Grant No. 001 
  

 Code section 422 provides additional limitations respecting the treatment of these Options as
Incentive Stock Options. 
  
 8. Notice of Disqualifying
Disposition. If the Employee makes a disposition (as that term is defined in Code section 424(c)) of any Option Shares acquired pursuant to these Options within two years after the Grant Date or within one year after the Option Shares are
transferred to the Employee, the Employee agrees to notify the Administrator of such disposition in writing within 30 days of the disposition. 
  
 9. Withholding of Taxes. At the time the Options are exercised, in whole or in part, or at any time thereafter as requested by the Company, the
Employee hereby authorizes withholding from payroll or any other payment of any kind due the Employee and otherwise agrees to make adequate provision for foreign, federal, state and local taxes required by law to be withheld, if any, which arise in
connection with the Options (including upon a disqualifying disposition within the meaning of Code section 421(b)). The Company may require the Employee to make a cash payment to cover any withholding tax obligation as a condition of exercise of the
Options or issuance of share certificates representing Option Shares. 
  
 The Administrator may, in its sole discretion, permit the Employee to satisfy, in whole or in part, any withholding tax obligation which may arise in connection with the Options either by electing to have the Company withhold from the
shares to be issued upon exercise that number of shares, or by electing to deliver to the Company already-owned shares, in either case having a Fair Market Value equal to the amount necessary to satisfy the statutory minimum withholding amount due.

  
 10. Change of Control Transactions. (a) In the event of
any transaction resulting in a Change of Control (i) all outstanding Options shall become fully vested immediately before the effective time of the Change of Control, and (ii) the Employee will be permitted, immediately before the Change of Control,
to exercise all portions of such Options that are then exercisable or which become exercisable upon or prior to the effective time of the Change of Control. 
  
 (b) Notwithstanding any other provisions of this Agreement to the contrary, if the aggregate of the payments provided for in this
Agreement and other payments and benefits which the Employee has the right to receive from the Employer (the “Total Payments”) would constitute a “parachute payment,” as defined in Section 280G(b)(2) of the Code, the Employee
shall receive the Total Payments unless (a) the after-tax amount that would be retained by the Employee (after taking into account all federal, state and local income taxes payable by the Employee and the amount of any excise taxes payable by the
Employee under Section 4999 of the Code that would be payable by the Employee (the “Excise Taxes”)) if the Employee were to receive the Total Payments has an aggregate value less than (b) the after-tax amount that would be retained by the
Employee (after taking into account all federal, state and local income taxes payable by the Employee) if the Employee were to receive the Total Payments reduced to the largest amount as would result in no portion of the Total Payments being subject
to Excise Taxes 

  

 6 

 Grant No. 001 
  

 
(the “Reduced Payments”), in which case the Employee shall be entitled only to the Reduced Payments. If the Employee is to receive the Reduced
Payments, the Employee shall be entitled to determine which of the Total Payments, and the relative portions of each, are to be reduced. 
  
 (c) Any payments made to Employee pursuant to this Agreement or otherwise are subject to and conditioned upon compliance with 12 U.S.C.
Section 1828(k) and FDIC regulation 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments. 
  
 11. Survival of Representations and Warranties. All representations, warranties, covenants, and agreements contained herein or made in writing by
Employee in connection with the transaction contemplated hereby shall survive the execution and delivery of this Agreement. 
  
 12. Non-Guarantee of Employment or Service Relationship. Nothing in the Plan or this Agreement shall alter the at-will or other employment status
or other service relationship of the Employee, nor be construed as a contract of employment or service relationship between the Company and the Employee, or as a contractual right of Employee to continue in the employ of, or in a service
relationship with, the Company for any period of time, or as a limitation of the right of the Company to discharge the Employee at any time with or without cause or notice and whether or not such discharge results in the failure of any Options to
vest or any other adverse effect on the Employee’s interests under the Plan. 
  
 13. No Rights as a Stockholder. The Employee shall not have any of the rights of a stockholder with respect to the Option Shares until such shares have been issued to him or her upon the due exercise of the
Options. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such shares are issued. 
  
 14. The Company’s Rights. The existence of the Options shall not affect in any way the right or power of the Company or its stockholders to
make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business, or any merger or consolidation of the Company, or any issue of bonds, debentures, preferred or
other stocks with preference ahead of or convertible into, or otherwise affecting the Common Stock or the rights thereof, or the dissolution or liquidation of the Company, or any sale or transfer of all or any part of the Company’s assets or
business, or any other corporate act or proceeding, whether of a similar character or otherwise. 
  
 15. Employee. Whenever the word “Employee” is used in any provision of this Agreement under circumstances where the provision should
logically be construed, as determined by the Administrator, to apply to the estate, personal representative, or beneficiary to whom the Options may be transferred by will or by the laws of descent and distribution, the word “Employee”
shall be deemed to include such person. 
  
 16. Representations
and Warranties of Employee. The Employee represents and warrants to the Company that the Employee has received a copy of the Plan and this Agreement, has read and understands the terms of the Plan and this Agreement, and agrees to be bound by

  

 7 

 Grant No. 001 
  

 
their terms and conditions. The Employee acknowledges that there may be adverse tax consequences upon the exercise and/or disposition of the Option Shares,
and that the Employee should consult a tax adviser prior to such disposition. 
  
 17. Notices. All notices and other communications made or given pursuant to this Agreement shall be in writing and shall be sufficiently made or given if hand delivered or mailed by certified mail, addressed to
the Employee at the address contained in the records of the Company, or addressed to the Administrator, care of the Company for the attention of its Corporate Secretary at its principal office or, if the receiving party consents in advance,
transmitted and received via telecopy or via such other electronic transmission mechanism as may be available to the parties. 
  
 18. Entire Agreement; Amendment; Waiver. This Agreement contains the entire agreement between the parties with respect to the Options granted
hereunder. Any oral or written agreements, representations, warranties, written inducements, or other communications made prior to the execution of this Agreement with respect to the Options granted hereunder shall be void and ineffective for all
purposes. This Agreement may be amended from time to time by the Administrator in its discretion; provided, however, that this Agreement may not be modified in a manner that would have a materially adverse effect on the Options or
Option Shares as determined in the discretion of the Administrator, except as provided in the Plan or in a written document signed by each of the parties hereto. No waiver of any of the terms of this Agreement shall be valid unless in writing and
signed by the party against whom enforcement of such waiver is sought. 
  
 19. Conformity with Plan. This Agreement is intended to conform in all respects with, and is subject to all applicable provisions of, the Plan. Inconsistencies between this Agreement and the Plan shall be resolved in accordance with
the terms of the Plan. In the event of any ambiguity in this Agreement or any matters as to which this Agreement is silent, the Plan shall govern. A copy of the Plan is provided to you with this Agreement. 
  
 20. Governing Law. The validity, construction and effect of this
Agreement, and of any determinations or decisions made by the Administrator relating to this Agreement, and the rights of any and all persons having or claiming to have any interest under this Agreement, shall be determined exclusively in accordance
with the laws of the State of Maryland, without regard to its provisions concerning the applicability of laws of other jurisdictions. Any suit with respect hereto will be brought in the federal or state courts in the districts which include the city
and state in which the principal offices of the Company are located, and the Employee hereby agrees and submits to the personal jurisdiction and venue thereof. 
  

21. Headings. The headings in this Agreement are for reference purposes only and shall not affect the meaning or interpretation of this
Agreement. 
  

 8 

 EXERCISE FORM 
 [IF PLAN IS NOT REGISTERED UNDER THE SECURITIES ACT OF 1933, AS 
 AMENDED] 
  
 Administrator of 2004 Stock Incentive Plan 
 c/o Office of the Corporate Secretary 
 AMERICASBANK CORP. 
 _______________________ 
 _______________________ 
 _______________________ 
  
 Ladies and Gentlemen: 
  
 I hereby
exercise the Options granted to me on                                 ,
            , by AMERICASBANK CORP. (the “Company”), subject to all the terms and provisions of the applicable grant agreement and of the AMERICASBANK CORP. 2004 Stock
Incentive Plan (the “Plan”), and notify you of my desire to purchase                      shares of Common Stock of the Company at a
price of $                     per share pursuant to the exercise of said Options. 
  
 This will confirm my understanding with respect to the shares to be issued to
me by reason of this exercise of the Options (the shares to be issued pursuant hereto shall be collectively referred to hereinafter as the “Shares”) as follows: 
  
 (a) I am purchasing the Shares for my own account for investment only, and not with a view to, or for sale in connection
with, any distribution of the Shares in violation of the Securities Act of 1933, as amended (the “Securities Act”), or any rule or regulation under the Securities Act. 
  
 (b) I understand that the Shares are being issued without registration under the Securities Act, in reliance upon one or
more exemptions contained in the Securities Act, and such reliance is based in part on the above representation. I also understand that the Company is not obligated to comply with the registration requirements of the Securities Act or with the
requirements for an exemption under Regulation A under the Securities Act for my benefit. 
  
 (c) I have had such opportunity as I deemed adequate to obtain from representatives of the Company such information as is necessary to permit me to evaluate the merits and risks of my investment in the Company.

  
 (d) I have sufficient experience in business, financial and
investment matters to be able to evaluate the risks involved in the purchase of the Shares and to make an informed investment decision with respect to such purchase. 
  
 (e) I recognize the speculative nature and the high risk of loss associated with the acquisition of the Shares and the
operation of the Company. I can afford a complete loss of the 

  

 
value of the Shares and am able to bear the economic risk of holding such Shares for an indefinite period. 
  
 (f) I understand that (i) the Shares have not been registered under the
Securities Act and are “restricted securities” within the meaning of Rule 144 promulgated under the Securities Act; (ii) the Shares cannot be sold, transferred or otherwise disposed of unless they are subsequently registered under the
Securities Act or an exemption from registration is then available and, therefore, they may need to be held indefinitely; and (iii) there is now no registration statement on file with the Securities and Exchange Commission with respect to any stock
of the Company and the Company has no obligation or current intention to register the Shares under the Securities Act. As a condition to any transfer of the Shares, I understand that the Company may require an opinion of counsel satisfactory to the
Company to the effect that such transfer does not require registration under the Securities Act or any state securities law. 
  
 (g) I understand that the certificates for the Shares to be issued to me will bear a legend substantially as follows: 
  
 THE SECURITIES REPRESENTED BY THIS STOCK CERTIFICATE HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”) OR APPLICABLE STATE SECURITIES LAWS (THE “STATE ACTS”), AND SHALL NOT BE SOLD, PLEDGED, HYPOTHECATED, DONATED, OR OTHERWISE TRANSFERRED (WHETHER OR NOT FOR
CONSIDERATION) BY THE HOLDER EXCEPT UPON THE ISSUANCE TO THE CORPORATION OF A FAVORABLE OPINION OF ITS COUNSEL AND/OR SUBMISSION TO THE CORPORATION OF SUCH OTHER EVIDENCE AS MAY BE SATISFACTORY TO COUNSEL FOR THE CORPORATION, TO THE EFFECT THAT ANY
SUCH TRANSFER SHALL NOT BE IN VIOLATION OF THE ACT AND THE STATE ACTS.” 
  
 Appropriate stop transfer instructions will be issued by the Company to its transfer agent. 
  
 Total Amount Enclosed: $                     
  
 Date:
                     
  
 ________________________________ 
 (Employee) 
  

 2 

 Received: 
  

					
	 AMERICASBANK CORP.

			
	By:	 	 	 	 
	 	 	

	 	 	 Name:
	 	 
	 	 	 	 	

	 	 	 Title:
	 	 
	 	 	 	 	

	
	 Date:
                    

  

 3 

 EXERCISE FORM 
 [IF PLAN IS REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED] 
  
 Administrator of 2004 Stock Incentive Plan 
 c/o Office of the Corporate Secretary 
 AMERICASBANK CORP. 
 ________________________ 
 ________________________ 
 ________________________ 
  
 I hereby exercise the Options granted to me on
                                 by AMERICASBANK CORP. (the “Company”),
subject to all the terms and provisions of the applicable grant agreement and of the AMERICASBANK CORP. 2004 Stock Incentive Plan, as amended, and notify you of my desire to purchase shares of Common Stock of the Company at a price of $
                     per share pursuant to the exercise of said Options. 
  
 Total Amount Enclosed:
$                     
  
 Date:                      

			
		
	 	 	 
	

	Employee	 	 

  
 Received: 
  

					
	AMERICASBANK CORP.
			
	By:	 	 	 	 
	 	 	

	 	 	 Name:
	 	 
	 	 	 	 	

	 	 	 Title:
	 	 
	 	 	 	 	

  
 Date:
                     
  

 Exhibit A 
 (Vesting Schedule) 
  
 Capitalized
terms used in this Exhibit A but not defined herein have the respective meanings specified in the Incentive Stock Option Grant Agreement to which this Exhibit A is attached (the “Grant Agreement”). All computations required
under the terms of this Exhibit A shall be made in good faith by the Company’s Board of Directors. 
  
 A. Subject to the provisions of the Grant Agreement and Section B, Section C, and Section D below, the Options shall vest and become exercisable as
provided below: 
  
 (i) 10% of the Options shall
vest on the date of this Agreement. 
  
 (ii) If
(a) the Bank’s ROAA for the applicable “Period” is greater than or equal to 95% of the “ROAA Hurdle” for such Period (determined by reference to the chart below), and (b) the amount of the Bank’s Average Assets for the
applicable Period is greater than or equal to 95% of the “Average Assets Hurdle” for such Period (determined by referenced to the chart below), then, subject to the provisions of Section 2(a) and Section 2(b) of the Grant Agreement, the
percentage of the Options set forth under “Percentage of Options Vesting” for such Period, plus any Options that were eligible to vest in a prior Period but which did not vest under the terms of this Section A (but specifically excluding
any Options that failed to vest under the terms of Section B, Section C, and/or Section D below), shall vest one year after the last day of such Period: 
  

										
	 Period

	  	 Percentage of
 Options Vesting

	 	 	ROAA Hurdle

	 	 	Average Assets
Hurdle

	January 1, 2004 – December 31, 2004	  	11.67	%	 	-1.25	%	 	$	40,542,000
	 January 1, 2005 – December 31, 2005
	  	11.67	%	 	0.25	%	 	$	59,672,000
	 January 1, 2006 – December 31, 2006
	  	11.67	%	 	0.5	%	 	$	71,471,000
	 January 1, 2007 – December 31, 2007
	  	17.50	%	 	0.75	%	 	$	84,024,000
	 January 1, 2008 – December 31, 2008
	  	17.50	%	 	1.00	%	 	$	95,583,000
	 January 1, 2009 – December 31, 2009
	  	6.67	%	 	1.25	%	 	$	105,708,000
	 January 1, 2010 – December 31, 2010
	  	6.66	%	 	1.40	%	 	$	116,137,000
	 January 1, 2011 – December 31, 2011**
	  	6.66	%	 	1.50	%	 	$	127,814,000
	 January 1, 2012 – December 31, 2012**
	  	**	 	 	1.50	%	 	$	127,814,000
	 January 1, 2013 – December 31, 2013**
	  	**	 	 	1.50	%	 	$	127,814,000

  

	**	See Section A(vi) below. 

  

 (iii) If the Bank’s ROAA for any Period is less than 95% of the ROAA Hurdle for such
Period, then the number of Options that are eligible to vest one year after the last day of such Period (determined by reference to the foregoing chart) shall be reduced (but not below zero) by the same percentage as the percentage by which the ROAA
Hurdle for such Period exceeds the Bank’s ROAA for such Period. The adjustments set forth in this Section A(iii) are in addition to, and not in limitation of, the adjustments set forth in Section A(iv) below. For the avoidance of doubt, the
computations required under this Section A(iii) shall be made before giving effect to any adjustment required under Section A(iv) below. 
  
 (iv) If the Bank’s Average Assets for any Period is less than 95% of the Average Assets Hurdle for such Period, then the number of
Options that are eligible to vest one year after the last day of such Period (determined by reference to the foregoing chart) shall be reduced (but not below zero) by the same percentage as the percentage by which the Average Assets Hurdle for such
Period exceeds the Bank’s Average Assets for such Period. The adjustments set forth in this Section A(iv) are in addition to, and not in limitation of, the adjustments set forth in Section A(iii) above. For the avoidance of doubt, the
computations required under this Section A(iv) shall be made before giving effect to any adjustment required under Section A(iii) above. 
  
 (v) Notwithstanding the provisions of Section A(ii), Section A(iii), and Section A(iv) above, but subject to the provisions of Section B,
Section C, and Section D below, if, for any Period, any Options fail to vest as a result of the application of Section A(ii), Section A(iii), and/or Section A(iv) above, but the Bank’s ROAA for the applicable Period exceeds the ROAA Hurdle for
such Period or the Bank’s Average Assets for the applicable Period exceeds the Average Assets Hurdle for such Period, then the number of Options that are eligible to vest one year after the last day of such Period (determined by
reference to the foregoing chart) will be reduced (but not below zero) in accordance with the following formula: 
  
 P = (B-A) 
  
 Where: 
  
 P = the percentage reduction in the number of Options that are eligible to vest one year after the last day of such Period; 
  
 A = (i) if the Bank’s ROAA for the applicable Period exceeds the ROAA
Hurdle for such Period, the amount of such excess (expressed as a percentage); or (ii) if the Bank’s Average Assets for the applicable Period exceeds the Average Assets Hurdle for such Period, the amount of such excess (expressed as a
percentage); and 
  

 2 

 B = (i) if the ROAA Hurdle for the applicable Period exceeds the Bank’s ROAA for such Period, the
amount of such excess (expressed as a percentage); or (ii) if the Average Assets Hurdle for the applicable Period exceeds the Bank’s Average Assets for such Period, the amount of such excess (expressed as a percentage); 
  
 provided, however, that if, for any Period, P is less than
or equal to zero, then no reduction in the number of Options that are eligible to vest one year after the end of such Period shall be made under Section A(iii) or Section A(iv) above or this Section A(v). 
  
 (vi) If the vesting criteria under Section A(ii) above for
the Period commencing on January 1, 2011 and ending on December 31, 2011 are satisfied, then no additional vesting will occur for the Period commencing on January 1, 2012 and ending on December 31, 2012 or the Period commencing on January 1, 2013
and ending on December 31, 2013. If the vesting criteria under Section A(ii) above for the Period commencing on January 1, 2011 and ending on December 31, 2011 are not satisfied, but the vesting criteria for the Period commencing on January 1, 2012
and ending on December 31, 2012 are satisfied, then no additional vesting will occur for the Period commencing on January 1, 2013 and ending on December 31, 2013. 
  
 Any Options that remain unvested as of March 10, 2014 after giving effect to the provisions of this Exhibit A
immediately shall terminate. 
  
 B. The vesting provisions set
forth in Section A above shall be subject to adjustment as follows: 
  
 (i) If, for any Period (determined by reference to the foregoing chart), the Charge-Off Amount is greater than the Charge-Off Threshold, then the number of Options that are eligible to vest one year after the last day
of such Period under Section A above shall be reduced by 5% (but not below zero) for each 0.1% by which the Charge-Off Amount exceeds the Charge-Off Threshold. 
  

(ii) The adjustments set forth in this Section B are in addition to, and not in limitation of, the adjustments set forth in Section C
and Section D below. For the avoidance of doubt, the computations required under this Section B shall be made before giving effect to any adjustment required under Section C and Section D(ii) below. 
  
 C. The vesting provisions set forth in Section A above shall be subject to
adjustment as follows: 
  
 (i) If, as of the last
day of any Period (determined by reference to the foregoing chart), the Non-Performing Amount is greater than the Non-Performing Threshold, then the number of Options that are eligible to vest one year after the last day of such Period under Section
A above shall be reduced by 5% (but not below zero) for each 0.1% by which the Non-Performing Amount exceeds the Non-Performing Threshold. 
  

 3 

 (ii) The adjustments set forth in this Section C are in addition to, and not in
limitation of, the adjustments set forth in Section B above and Section D below. For the avoidance of doubt, the computations required under this Section C shall be made before giving effect to any adjustment required under Section B above and
Section D(ii) below. 
  
 D. The vesting provisions set forth in
Section A above shall be subject to adjustment as follows: 
  
 (i) If, as of the last day of any Period (determined by reference to the foregoing chart) commencing on or after the earlier of 
  

(a) December 31, 2005, or 
  
 (b) the first date on which the Bank’s overall composite rating is better than or equal to 2, 
  
 the Bank’s overall composite rating is 3 or lower, then
none of the Options that are eligible to vest one year after the last day of such Period under Section A(ii) above shall vest. 
  
 (ii) If, as of the last day of any Period (determined by reference to the foregoing chart) commencing on or after the earlier of

  
 (a) December 31, 2005, or 
  
 (b) the first date on which the Bank’s overall
composite rating is better than or equal to 2, 
  
 the rating for the Bank’s management and/or asset quality is 3 or lower, then the number of Options that are eligible to vest one year after the last day of such Period under Section A(ii) above shall be reduced by 50%. The adjustments
set forth in this Section D(ii) are in addition to, and not in limitation of, the adjustments set forth in Section B and Section C above. For the avoidance of doubt, the computations required under this Section D(ii) shall be made before giving
effect to any adjustment required under Section B and Section C above. 
  
 (iii) If, as of the last day of any Period (determined by reference to the foregoing chart) commencing on or after the earlier of 
  
 (a) December 31, 2005, or 
  
 (b) the first date on which the rating for the Bank’s overall composite rating is better than or equal
to 2, 
  
 the rating for the Bank’s
management and/or asset quality has been 3 or lower for two consecutive Periods, then none of the Options that are eligible to vest one year after the last day of such Period under Section A(ii) above shall vest. 
  

 4

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