Document:

EX-10.13

 Exhibit 10.13 

SPIRIT OF TEXAS BANCSHARES, INC. 

INCENTIVE STOCK OPTION AGREEMENT 

THIS INCENTIVE STOCK OPTION AGREEMENT (this “Agreement”) is entered into by and between Spirit of Texas
Bancshares, Inc., a Texas corporation (the “Company”), and __________________ (the “Participant”) on this the _____ day of _______________, 20___. 

W I T N E S S E T H: 
 1.
Grant of Option. On ________ (the “Grant Date”) the Company granted to Participant the Option to purchase from the Company [number] ([numeral]) fully paid and non-assessable shares of
the common stock, par value $___ per share (“Stock”) of the Company at a price of [dollar value] and [cents]/100 ($[numeral]) per share, subject to the vesting provisions in Section 2, with such price being
not less than the Fair Market Value of the Stock on the Grant Date. This Option is an incentive stock option and is subject to all of the terms, conditions, and provisions hereof and the ST Financial Group, Inc. 2017 Stock Incentive Plan (as
amended, the “Plan”). 
 2. Vesting. The Option shall become vested incrementally with respect to the shares of
Stock described in Section 1 as follows: 
 (a) [fraction] of shares of Stock on each of the first [number]
anniversaries of the Grant Date; and 
 (b) [Describe any other vesting terms.]. 

Notwithstanding any provision of this Agreement to the contrary, the Option is only exercisable to the extent that it has become vested. 

3. Transferability. This Option is not transferable or assignable, except by will or by the laws of descent and distribution and shall
be exercisable during Participant’s lifetime, only by the Participant. Any attempt to alienate, assign, pledge, hypothecate, or otherwise dispose of the Options, except as provided for herein or in the Plan, or attempted levy of any attachment,
execution, or similar process upon the rights or interest hereby conferred shall be void ab initio and the Committee may take any action it deems appropriate to prevent such attempted disposition. 

4. Exercise of Option. The Option may be exercised at any time, in whole or in part, to the extent that it has become vested under
Section 2. The right to exercise this Option shall expire ten (10) years after the Grant Date (the “Expiration Date”). 

(a) Termination of Provision of Services. If the Participant ceases to provide services to the Company and its Affiliates for any
reason other than death or disability (as defined in Section 22(e)(3) of the Code), the unvested portion of the Option shall thereupon terminate and the Participant may exercise the vested portion of the Option for a period of three
(3) months thereafter or, if sooner, until the Expiration Date. Thereafter, the Option shall terminate and cease to be exercisable. 

 (b) Disability. If the Participant ceases to provide services of the Company or one of its
Affiliates by reason of a Disability, the unvested portion of the Option shall thereupon terminate and the Participant may exercise the vested portion of the Option for a period of twelve (12) months thereafter or, if sooner, until the
Expiration Date. Thereafter, the Option shall terminate and cease to be exercisable. 
 (c) Death. Upon the death of the Participant,
the unvested portion of the Option shall thereupon terminate, and the Participant’s legal representatives, heirs, legatees or distributes may exercise the vested portion of the Option for a period of twelve (12) months thereafter or, if
sooner, until the Expiration Date. Thereafter, the Option shall terminate and cease to be exercisable. 
 5. Method of Exercise. Any
exercise of the Option shall be accompanied by a written notice to the Company specifying the number of shares of Stock as to which the Option is being exercised that is accompanied by payment of the exercise price and arrangements for minimum
required tax withholdings and shall otherwise be in accordance with the terms of the Plan. The exercise price shall be paid in cash, irrevocable instructions to a broker to deliver promptly to the Company cash equal to the exercise price, in whole
shares of Stock already owned by the Participant (the number of which shall be equal in value to the exercise price based on the Fair Market Value on the date of the exercise), or partly in cash and partly in Stock, or by forfeiting a number of
shares of Stock subject to and outstanding under the Option that, based on the Fair Market Value on the date of the exercise, is equal in value to the exercise price. 

6. Change in Control. The Participant’s right to exercise this Option upon a Change in Control will be determined in accordance
with the terms of the Plan. 
 7. Securities Act of 1933. Unless at the time of exercise of this Option there is an effective
registration statement filed with the Securities and Exchange Commission under the Securities Act of 1993 (as amended, the “1933 Act”), with respect to the sale of the shares of Stock issuable upon exercise of this Option, the
Participant’s right to exercise this Option shall be subject to the delivery to the Company upon such exercise of a letter, in form satisfactory to the Company’s counsel: (a) representing that the Participant intends to acquire the
shares of Stock issuable upon such exercise for investment for his or her own account and without a view to the resale or distribution thereof; and (b) agreeing that such shares shall not be sold or transferred by him or her in the absence of
an effective registration statement filed with the Securities and Exchange Commission under the 1933 Act with respect to such transfer or an opinion of counsel satisfactory to the Company that such sale or transfer is not required to be registered
under the 1933 Act or any applicable state securities law. Notwithstanding any provision of the Plan to the contrary, the grant of the Option and the issuance of Stock will be subject to compliance with all applicable requirements of federal, state,
or foreign law with respect to such securities and with the requirements of any stock exchange or market system upon which the Stock may then be listed. The Option may not be exercised if the issuance of shares of Stock upon exercise would
constitute a violation of any applicable federal, state, or foreign securities laws or other law or regulations or the requirements of any stock exchange or market system upon which the Stock may then be listed. 

  
 2 

 8. Subject to Provisions of Plan. The Options provided for herein are granted pursuant to
the Plan and are subject to all the terms and conditions and provisions of the Plan. The terms that are defined in the Plan shall have the same meanings when used herein, except where the context clearly requires otherwise. A copy of the Plan is
attached hereto and made a part hereof as if fully set out herein. 
 9. Withholding. As a condition to any exercise of the Option,
Participant shall promptly remit in full to the Company the minimum amount of federal and (if any) state income and employment tax withholding that the Company is required to remit to the Internal Revenue Service or applicable state department of
revenue in accordance with the then-current provisions of the Code and applicable state law. Unless otherwise required by the Committee, the Company may withhold, or permit a Participant to elect to have withheld from a “Share Payment”,
the number of shares of Stock having a Fair Market Value equal to the minimum statutory withholding requirements but in no event shall such withholding exceed the minimum statutory withholding requirements. Notwithstanding the immediately preceding
sentence, the Company, in its discretion, may withhold shares of Stock or permit a Participant to elect to have withheld from a Share Payment, the number of shares of Stock having a Fair Market Value up to, but not in excess of, the maximum
statutory withholding requirements, provided that withholding shares of Stock with a Fair Market Value in excess of the minimum statutory withholding requirements will not result in a Stock Incentive otherwise classified as an equity award under ASC
Topic 718 to be classified as a liability award under ASC Topic 718. The term “Share Payment” shall mean the issuance or delivery of shares of Stock upon the grant, vesting, exercise or settlement of a Stock Incentive, as the case may be

 10. General. This Agreement shall be construed and interpreted according to the laws of the State of Texas. The foregoing contains
the entire and only agreement between the parties respecting the subject matter hereof, and any representation, promise, or condition in connection therewith not incorporated herein shall not be binding upon either party. The headings of the various
sections of this Agreement are for convenience of reference only, and shall not modify, define, limit or expand the express provisions of this Agreement. This Agreement shall be binding upon and inure to the benefit of any successor or successors of
the Company. This Agreement shall not be amended or modified except in writing and executed by the parties hereto; provided, however that the Committee may from time to time modify or amend this Agreement and the terms of the Option in accordance
with the terms of the Plan. 
 11. Acknowledgment. Participant acknowledges receipt of a copy of the Plan, a copy of which is
attached hereto, and represents that Participant is familiar with the terms and provisions thereof. Participant agrees to accept as binding, conclusive, and final all decisions and interpretations of the Committee on any questions arising under the
Plan. 
 12. No Rights as a Shareholder. The Participant shall have no rights as a shareholder with respect to any shares of Stock
covered by this Agreement until the Option is exercised by written notice and accompanied by payment as provided in Section 5 of this Agreement. 

  
 3 

 13. No Rights to Continued Employment. Nothing contained in the Plan or in this Agreement
shall confer on the Participant any right to continue in the employ or service of the Company or any of its Affiliates or interfere in any way with the right of the Company or an Affiliate to terminate the employment or service of the Participant at
any time, with or without cause, notwithstanding the possibility that the number of shares of Stock purchasable by such person under his or her Option may thereby be reduced or eliminated. 

[Execution Page Follows] 

  
 4 

 EXECUTION PAGE 

IN WITNESS WHEREOF, the parties have executed this Agreement the day and year first above written. 

 

			
	SPIRIT OF TEXAS BANCSHARES, INC.

 
			
		
	By:	 	 
	Title:	 	 

  

	
	PARTICIPANT
	
	   

	[name]

  
 5EX-10.14

 Exhibit 10.14 

SPIRIT OF TEXAS BANCSHARES, INC. 

RESTRICTED STOCK AGREEMENT 

This Restricted Stock Agreement (this “Agreement”) is entered into by and between Spirit of Texas Bancshares, Inc., a Texas
corporation (the “Company”), and _________________ (the “Participant”) on this the _____ day of __________, 20___. 

W I T N E S S E T H: 
 1.
Grant of Restricted Stock. The Company hereby grants (the “Grant”) to the Participant, subject to the terms and conditions herein set forth, [number] restricted shares of its common stock, par value $___ per share (each a
“Share” and collectively, the “Restricted Stock”). 
 2. Terms and Conditions. It is understood and
agreed that the Shares are granted to the Participant and this Agreement entered into pursuant to the ST Financial Group, Inc. 2017 Stock Incentive Plan (as amended, the “Plan”) and are subject to and limited by the provisions of
the Plan and the following terms and conditions: 
 (a) Restrictions. Until the restrictions contained herein and in the Plan have
lapsed as to all or a portion of the Shares specified in such restriction, the Shares shall not be sold, transferred or otherwise disposed of (whether voluntary or involuntary, and if involuntary whether by process of law in any civil or criminal
suit, action or proceeding, whether in the nature of an insolvency or bankruptcy proceeding or otherwise) and shall not be pledged, assigned or otherwise hypothecated or encumbered, nor shall they be delivered to the Participant. The term
“Vest” (and any derivatives thereof such as “Vesting” or “Vested”) as used in this Agreement means the lapsing of the restrictions contained in this Agreement or the Plan with respect to the Shares
or a specified portion of the Shares as provided herein and in the Plan. 
 (b) Purchase Price. The purchase price payable by the
Participant for the Shares shall be Zero Dollars ($0.00) per share. 
 (c) Vesting. The Shares shall Vest as follows: 

(1) [number] Shares on [date that is one year after original grant], provided the Participant is then, and since the date of
Grant has continuously been, employed by the Company or a Subsidiary. 
 (2) [number] Shares on [date that is two years after
original grant], provided the Participant is then, and since the date of Grant has continuously been, employed by the Company or a Subsidiary. 

(3) [number] Shares on [date that is three years after original grant], provided the Participant is then, and since the date of
Grant has continuously been, employed by the Company or a Subsidiary. 
 (4) [Describe any other vesting terms.]. 

 (d) Change in Control. The Participant’s rights to unvested Shares of Restricted
Stock upon a Change in Control will be determined in accordance with the terms of the Plan. 
 (e) Effect of a Termination of
Employment. 
 (1) If the Participant’s employment with the Company is terminated for any reason prior to the
Vesting of any Shares then held by the Participant, such unvested Shares shall thereupon be forfeited immediately by the Participant and returned to the Company. 

(2) The Participant hereby (i) irrevocably authorizes the Company to take such actions as may be necessary or appropriate
to effectuate a transfer of the record ownership of any such Shares that are unvested and forfeited hereunder, and (ii) agrees to sign such documents and take such actions as the Company may reasonably request to accomplish the transfer or
forfeiture of any unvested Shares that are forfeited hereunder. 
 3. Compliance with Laws and Regulations. This Agreement and the
obligations of the Company hereunder shall be subject to all applicable federal and state laws, rules and regulations and to such approvals by any government or regulatory agency as may be required. 

4. Legend. Any certificates representing unvested Shares shall be issued in the name of the Participant and held by the Company, and
any such certificate (and, to the extent determined by the Company, any other evidence of ownership of unvested Shares) shall contain the following legend: 

THE TRANSFERABILITY OF THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING
FORFEITURE) OF A RESTRICTED STOCK AGREEMENT ENTERED INTO BETWEEN THE REGISTERED OWNER AND SPIRIT OF TEXAS BANCSHARES, INC., COPIES OF WHICH ARE ON FILE IN THE SPIRIT OF TEXAS BANCSHARES, INC. 

As soon as practicable following the Vesting of any such Shares the Company shall cause a certificate or certificates covering such Shares, without the
aforesaid legend, to be issued and delivered to the undersigned, subject to the payment of any withholding taxes due in connection with such Vesting. The Participant shall have the right to vote the Restricted Stock while it is held in custody
except as otherwise provided by the Plan. Notwithstanding the foregoing, the Company shall retain custody of all cash, securities or other property distributed by the Company in respect of the Restricted Stock (“Retained
Distributions”) subject to the restrictions set forth in this Agreement and such Retained Distributions shall be subject to the same restrictions on terms and conditions as are applicable to such Restricted Stock. 

5. Withholding. Upon the Vesting of any shares of Restricted Stock, the Company shall withhold an amount sufficient to satisfy any
federal, state and local tax withholding requirements in the form of shares of Stock, unless the Participant makes alternate withholding arrangements with the Company. Unless otherwise required by the Committee, the Company may withhold, or permit a
Participant to elect to have withheld from a “Share Payment”, the number of shares of Stock having a Fair Market Value equal to the minimum statutory withholding 

  
 2 

 
requirements but in no event shall such withholding exceed the minimum statutory withholding requirements. Notwithstanding the immediately preceding sentence, the Company, in its discretion, may
withhold shares of Stock or permit a Participant to elect to have withheld from a Share Payment, the number of shares of Stock having a Fair Market Value up to, but not in excess of, the maximum statutory withholding requirements, provided that
withholding shares of Stock with a Fair Market Value in excess of the minimum statutory withholding requirements will not result in a Stock Incentive otherwise classified as an equity award under ASC Topic 718 to be classified as a liability award
under ASC Topic 718. The term “Share Payment” shall mean the issuance or delivery of shares of Stock upon the grant, vesting, exercise or settlement of a Stock Incentive, as the case may be 

6. Participant Bound by Plan. The Grant is subject to and the Participant agrees to be bound by all of the terms and provisions of the
Plan. The terms that are defined in the Plan shall have the same meanings when used herein, except where the context clearly requires otherwise. A copy of the Plan is attached hereto and made a part hereof as if fully set out herein. 

7. General. This Agreement shall be construed and interpreted according to the laws of the State of Texas. The foregoing contains the
entire and only agreement between the parties respecting the subject matter hereof, and any representation, promise, or condition in connection therewith not incorporated herein shall not be binding upon either party. The headings of the various
sections of this Agreement are for convenience of reference only, and shall not modify, define, limit or expand the express provisions of this Agreement. This Agreement shall be binding upon and inure to the benefit of any successor or successors of
the Company. This Agreement shall not be amended or modified except in writing and executed by the parties hereto; provided, however that the Committee may from time to time modify or amend this Agreement and the terms of the Grant in accordance
with the terms of the Plan. 
 8. Acknowledgment. Participant acknowledges receipt of a copy of the Plan, a copy of which is attached
hereto, and represents that Participant is familiar with the terms and provisions thereof. Participant agrees to accept as binding, conclusive, and final all decisions and interpretations of the Committee on any questions arising under the Plan.

 9. No Right to Continued Employment. Nothing contained in the Plan or in this Agreement shall confer on the Participant any right
to continue in the employ of the Company or any of its Affiliates or interfere in any way with the right of the Company or an Affiliate to terminate the employment of the Participant at any time, with or without cause, notwithstanding the Restricted
Stock awarded to the Participant may be forfeited. 
 [Execution Page follows] 

  
 3 

 EXECUTION PAGE 

IN WITNESS WHEREOF, this Restricted Stock Agreement has been executed by a duly authorized officer of the Company and the Participant
has executed this Agreement, in each case as of the date first written above. 
  

			
	SPIRIT OF TEXAS BANCSHARES, INC.

 
			
		
	By:	 	 
	Title:	 	 

  

	
	PARTICIPANT:
	
	   

	[name]

  
 4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00281-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00281-of-00352.parquet"}]]