Document:

Form of Encore Restricted Stock Agreement and corresponding notice.

 Exhibit 10.3 
 ENCORE BANCSHARES INC. 
 RESTRICTED STOCK AGREEMENT 
 AGREEMENT effective as of the      day of
                    ,         , between Encore Bancshares, Inc. (“Company”), a Texas
corporation, and                         
                         (“Holder”). 
 Holder has been serving as a key employee, director or consultant of the Company and/or its subsidiaries. In recognition of past service and in order to encourage Holder to remain with the Company and its subsidiaries
(“the Group”) and devote his or her best efforts to its affairs, thereby advancing the interests of the Company and its shareholders, the Company and Holder, as set forth in the attached Notice of Restricted Stock Award
(“Notice”) agree as follows: 
  

	1.	Issuance of Restricted Stock. 

  

	 	(a)	Grant of Stock. Upon the execution of this Agreement and for consideration from Holder to the Company in the form of past services to the Group, the Company shall
issue to Holder                  shares of Stock as a Restricted Stock Award under the Encore Bancshares, Inc. 2000 Stock Incentive Plan, as amended (the
“Plan”). The shares of the Stock issued to Holder under this Agreement shall be subject to all of the terms, conditions, and restrictions set forth in this Agreement, in the Notice and in the Plan, both of which are incorporated herein by
reference as part of this Agreement. Unless otherwise provided herein, capitalized terms used herein shall have the same meanings ascribed to them in the Plan and the Notice. 

  

	 	(b)	Forfeiture Restrictions. To the extent then subject to the Forfeiture Restrictions (as defined below), the Stock issued to Holder pursuant to this Agreement shall not
be sold, assigned, pledged or otherwise transferred, exchanged, hypothecated or otherwise disposed except as provided herein, and Holder shall be subject to an obligation to forfeit and surrender, without further consideration from the Company, such
shares to the Company upon a termination of employment described in Section 2 of this Agreement. The prohibition against transfer and the obligation to forfeit and surrender shares of Stock to the Company are herein collectively referred to as
the “Forfeiture Restrictions”, and the shares of Stock which are subject to the Forfeiture Restrictions, are herein sometimes referred to as “Restricted Shares.” The Forfeiture Restrictions shall be binding upon and enforceable
against any transferee of Restricted Shares. 

  

	 	(c)	Dividends and Voting Rights. Holder, or Holder’s executor, administrator, heirs or legatees shall have the right to vote and receive dividends and all other
privileges of a shareholder of the Company with respect to the Restricted Shares from the date of issuance of the Restricted Shares until such time as the Restricted Shares are forfeited. 

  

	 	(d)	Application of Restrictions. The transfer restrictions of Section 1(b) shall not apply to the exchange of Restricted Shares pursuant to a Change of Control of the
Company as provided in Sections 4(a) and 4(b) hereof. 

	 	(e)	Adjustment of Restricted Shares in the Event of a Stock Split or Dividend. 

 In the event of a Stock split, Stock dividend, or other event requiring an equitable adjustment of outstanding Awards pursuant to Section 12, Recapitalization or Reorganization, of the Plan, the number of
shares of Stock respecting this Agreement may be appropriately adjusted. Any Stock received as a result of a Stock split or Stock dividend with respect to Restricted Shares also shall become Restricted Shares subject to the Forfeiture Restrictions.

  

	2.	Termination of Employment. If, prior to the lapse of the Forfeiture Restrictions, for any reason other than death or disability, Holder ceases to be employed by the
Company or its Affiliates (as defined in the Plan) or ceases to serve as a director or consultant of the Company or its Affiliates, the Restricted Stock Award shall be forfeited, and the Restricted Shares hereunder shall be surrendered to the
Company; provided however, that the Committee may, in its sole discretion, cause the Forfeiture Restrictions to lapse as to all or a part of the Restricted Shares hereunder at any time. 

 If, by reason of death or disability, Holder ceases to be employed by the Company or its Affiliates or ceases to serve as a director or consultant of the
Company or its Affiliates, the Forfeiture Restrictions shall lapse as to all the Restricted Shares hereunder upon death or the commencement of benefits under the Company’s long-term disability plan. Holder shall be deemed to be disabled if, in
the opinion of a physician selected by the Committee, Holder is incapable of performing services for the Company of the kind Holder was performing at the time the disability occurred by reason of any medically determinable physical or mental
impairment which can be expected to result in death or to be of long, continued and indefinite duration. The date of determination of disability for purposes hereof shall be the date of such determination by such physician. 
  

	3.	Transferability. Until the Forfeiture Restrictions lapse, the Restricted Shares shall not be transferable by Holder otherwise than by Holder’s will or by the laws
of descent and distribution. Any heir or legatee of Holder shall take rights herein granted subject to the terms and conditions hereof. No such transfer of the Restricted Shares to heirs or legatees of Holder shall be effective to bind the Company
unless the Company shall have been furnished with written notice thereof and a copy of such evidence as the Committee may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and
conditions hereof. 

  

	4.	Change of Control. 

  

	 	(a)	 Definition. For purposes of this Agreement, “Change of Control” means the occurrence of any of the following events: (i) the Company
shall not be the surviving entity in any merger, consolidation or other reorganization (or survives only as a subsidiary of an entity other than a previously wholly-owned subsidiary of the Company); (ii) the Company’s subsidiary savings
and loan is merged or consolidated 

  

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into, or otherwise acquired by, an entity other than a wholly-owned subsidiary of the Company; (iii) the Company sells, leases or exchanges all or
substantially all of its assets to any other person or entity (other than a wholly-owned subsidiary of the Company); (iv) the Company is to be dissolved and liquidated; (v) any person or entity, including a “group” as
contemplated by Section 13(d)(3) of the 1934 Act, acquires or gains ownership or control (including, without limitation, power to vote or control the voting) of more than 50% of the outstanding shares of the Company’s voting stock (based
upon voting power); or (vi) as a result of or in connection with a contested election of directors, the persons who were directors of the Company before such election shall cease to constitute a majority of the Board of Directors. “1934
Act” means the Securities Exchange Act of 1934, as amended. 

  

	 	(b)	Restricted Shares. The Forfeiture Restrictions shall lapse as to all Restricted Shares hereunder “immediately prior to” the occurrence of any Change of
Control during the Restricted Period. The phrase “immediately prior to” shall mean sufficiently in advance of the Change of Control to permit the Holder to take all steps reasonably necessary to deal with such shares of Stock so that such
shares may be treated in the same manner in connection with the Change of Control as the shares of Stock of other shareholders. 

  

	 	(c)	 Tax Limitation. Notwithstanding anything in this Section to the contrary, if Holder is a “disqualified individual” (as defined in
Section 280G(c) of the Internal Revenue Code of 1986, as amended (the “Code”)) and the lapse of the Forfeiture Restrictions provided for in this Section, together with any other payments which Holder has the right to receive from the
Company (or its affiliates) would constitute a “parachute payment” (as defined in Section 280G(b)(2) of the Code), and the Holder is not subject to an agreement, including a change of control severance agreement, providing for
payments of such amounts as may be necessary to pay any applicable excise tax under Section 4999 of the Code and any applicable income tax relating thereto, the Forfeiture Restrictions will lapse only with respect to the number of shares of
Stock necessary to cause the present value of the total amounts received by Holder from the Company (or its Affiliates) which would otherwise constitute “parachute payments” (as defined in Section 280G(b)(2) of the Code), to be one
dollar ($1.00) less than three (3) times Holder’s base amount (as defined in Section 280G of the Code) so that no portion of such amounts received by Holder shall be subject to the excise tax imposed by Section 4999 of the Code
if and only if (i) such reduction in the number of the shares of Stock as to which the Forfeiture Restrictions lapse produces a better net after tax position (taking into account any applicable excise tax under Section 4999 of the
Code and any applicable income tax) than the total lapse of Forfeiture Restrictions otherwise provided for in this Section, and (ii) there are no other amounts receivable by Holder from the Company (or its Affiliates) which, by their terms, may
be reduced such that no portion of such amounts received by Holder shall be subject to the excise tax under Section 4999 of the Code. The determination as to whether such reduction in the number of shares of Stock as to which the Forfeiture
Restrictions lapse is necessary shall be made by the Committee in good faith, and such determination shall be conclusive and binding on Holder. If the number of shares of Stock as to which the Forfeiture Restrictions lapse is reduced 

  

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and, through error or otherwise, Holder should benefit under this Section in an amount which, together with other payments Holder has the right to receive
from the Company (or its affiliates), results in the receipt by Holder of “parachute payments” in excess of one dollar ($1.00) less than three times Holder’s base amount, Holder shall immediately repay to the Company cash equal to
such excess upon notification that an overpayment has been made. If, as a result of this paragraph, the Forfeiture Restrictions do not lapse with respect to all of the Restricted Shares upon a Change of Control, such shares shall remain subject to
the Forfeiture Restrictions until the Forfeiture Restrictions otherwise lapse according to the terms of this Agreement or until the Restricted Shares are forfeited. 

  

	5.	Tax Election. If Holder makes the election authorized by section 83(b) of the Code, Holder shall submit to the Company a copy of the statement filed by Holder to make
such election. 

  

	6.	Withholding Tax. To the extent that the issuance of Stock or the lapse of Forfeiture Restrictions results in compensation income to Holder for federal or state income
tax purposes, Holder shall pay to the Company at the time of such event such amount of money as the Company may require to meet its withholding obligation under applicable tax laws or regulations, if any. The Committee may permit payment of such
amount to be made through the tender of cash or Stock, the withholding of Stock out of shares otherwise distributable or any other arrangement satisfactory to the Committee. The Company shall, to the extent permitted by law, have the right to
withhold delivery of a stock certificate or to deduct any required taxes from any payment of any kind otherwise due to Holder. If Holder does not pay the entire amount of such taxes to the Company within thirty (30) days after the date on which
the Committee notifies Holder of the amount required to meet the withholding obligation, the Committee shall withhold from the Stock to which Holder is entitled a number of shares having an aggregate fair market value equal to the amount of such
taxes remaining to be paid by Holder and shall deliver a certificate for the remaining shares to the Holder, and, if Holder fails to do so, the Company is authorized to withhold from any cash remuneration then or thereafter payable to Holder, any
tax required to be withheld by reason of such resulting compensation income or Company may otherwise refuse to issue or transfer any shares of Stock otherwise required to be issued or transferred pursuant to the terms hereof.

  

	7.	Additional Terms Applicable to Restricted Shares. 

  

	 	(a)	Legends on Certificate. The certificate(s) representing the shares of Restricted Stock will be stamped or otherwise imprinted with legends in such form as the Company
or its counsel may require with respect to the applicability of the Restricted Stock Agreement and to any other applicable restrictions on sale or transfer and the stock transfer records of the Company will reflect stop-transfer instructions with
respect to such shares. 

  

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	 	(b)	Retention of Certificates. The Company shall require Holder to execute and deliver to the Company a Stock Power in blank with respect to the Restricted Shares and
shall retain possession of the certificates for shares with respect to which the Forfeiture Restrictions have not lapsed. The Company shall have the right, in its sole discretion, to exercise such stock power in the event that the Company becomes
entitled to the shares pursuant to the provisions of this Agreement. 

 Upon lapse of the Forfeiture Restrictions as to all or a
part of the Restricted Shares hereunder, the Company shall deliver to Holder a new certificate representing such Stock without any restrictive endorsement other than legend(s) the Company or its counsel may require with respect to securities laws.

  

	 	(c)	Compliance With Securities Laws. Upon request, Holder (or any person acting under Section 3) will enter into such written representations, warranties and
agreements as the Company may reasonably request in order to comply with applicable securities laws or with this Restricted Stock Agreement. 

  

	 	(d)	Compliance with Laws. Notwithstanding any of the other provisions hereof, the Company will not be obligated to issue any shares of Restricted Stock pursuant to this
Restricted Stock Award, if the issuance of such shares of Restricted Stock would constitute a violation by Holder or by the Company of any provision of any law or regulation of any governmental authority. 

  

	 	(e)	No Right to Employment or Service. Holder shall be considered to be in the employment of the Company or its Affiliates or in service as a director or consultant so
long as he or she remains an employee, director or consultant of the Company or its Affiliates. Any questions as to whether and when there has been a termination of such employment or service as a director or consultant and the cause of such
termination shall be determined by the Committee, and its determination shall be final. Nothing contained herein shall be construed as conferring upon Holder the right to continue in the employ of the Company or its Affiliates or to continue service
as a director or consultant, nor shall anything contained herein be construed or interpreted to limit the “employment at will” relationship between Holder and the Company or its Affiliates. 

  

	 	(f)	Resolution of Disputes. Any dispute or disagreement which may arise hereunder shall be determined by the Committee in its sole discretion and judgment, and any such
determination and any interpretation by the Committee of the terms of the Plan, the Notice or this Restricted Stock Agreement shall be final and shall be binding and conclusive, for all purposes, upon the Company, Holder, and Holder’s heirs,
personal representatives and successors. 

  

	 	(g)	 Notices. Every notice hereunder shall be in writing and shall be given by registered or certified mail. All notices of the exercise of any Holder
hereunder shall be directed to Encore Bancshares, Inc., Nine Greenway Plaza, Suite 1000, Houston, Texas 77046, Attention: Corporate Secretary. Any notice given by the Company to Holder directed to Holder at the address on file with the Company shall
be effective 

  

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to bind Holder and any other person who shall acquire rights hereunder. The Company shall be under no obligation whatsoever to advise Holder of the
existence, maturity or termination of any of Holder’s rights hereunder and Holder shall be deemed to have familiarized himself or herself with all matters contained herein and in the Plan which may affect any of Holder’s rights or
privileges hereunder. 

  

	 	(h)	Construction and Interpretation. Whenever the term “Holder” is used herein under circumstances applicable to any other person or persons to whom this award,
in accordance with the provisions of Section 3 hereof, may be transferred, the word “Holder” shall be deemed to include such person or persons. 

  

	 	(i)	Plan Controls. This Restricted Stock Agreement and the Notice are subject to the Plan. The terms and provisions of the Plan (including any subsequent amendments
thereto) are hereby incorporated herein by reference thereto. In the event of a conflict between any term or provision contained herein or in the Notice and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern
and prevail. All definitions of words and terms contained in the Plan shall be applicable to the Restricted Stock Agreement and the Notice. 

  

	 	(j)	Binding Effect. This Agreement shall be binding upon and inure to the benefit of any successors to the Company and all persons lawfully claiming under Holder as
provided herein. 

  

	 	(k)	Contract Terms. Notwithstanding the provisions of this Agreement, if the Holder has entered into a separate contract or agreement with the Company which affects the
Restricted Shares issued hereunder, the provisions of the Agreement shall control over any inconsistent provisions of such contracts or agreements. 

  

	 	(l)	Modifications. Any modification of this Agreement will be effective only if it is in writing and signed by a duly authorized officer of the Company and Holder, except
to the extent such modification occurs pursuant to an amendment of the Plan made in accordance with Section 12, Recapitalization or Reorganization, or Section 13, Amendment and Termination, of the Plan.

  

	 	(m)	Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Texas. 

 [Signature Page Follows] 
  

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 IN WITNESS WHEREOF, the Company has executed this Agreement by its duly authorized officer, and Holder
has executed this Agreement, as of the dates specified below. 
  

			
	ENCORE BANCSHARES, INC.
		
	By:	 	  

	Name:	 	James S. D’Agostino, Jr.
	Title:	 	President
		
	Date:	 	  

		
		 	  

		 	(Holder)
		
	Date:	 	  

  

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 ENCORE BANCSHARES, INC. 
 NOTICE OF RESTRICTED STOCK AWARD 
  

					
	Recipient:	 		 	Social Security Number:
	Date of Issuance:	 		 	
	Restricted Stock Shares Issued:	 		 	

 Encore Bancshares, Inc. (the “Company”) is pleased to inform you that, as indicated above, the
Compensation Committee (the “Committee”) of the Board of Directors of the Company has awarded you a Restricted Stock Award (“Award”). Your Award is comprised of the issuance of shares of common stock of the Company subject to
Forfeiture Restrictions (“Restricted Stock”). Your Award has been made under the Encore Bancshares, Inc. 2000 Stock Incentive Plan, as amended, (the “Plan”) which, together with this Notice of Restricted Stock Award (the
“Notice”) and the Restricted Stock Agreement (“Agreement”), a copy of which is attached hereto, sets forth the terms and conditions of the Award. The Plan and the Agreement are incorporated herein by reference. Please review this
Notice and the Agreement carefully. Capitalized terms in this Notice have the same meanings ascribed to them in the Plan and the Agreement. 
  

	1.	Vesting: Subject to terms and conditions of the Agreement, the Forfeiture Restrictions shall lapse with respect to 100% of the Restricted Shares at the end of five years from
the Date of Issuance. 

  

	2.	Termination or Suspension of Employment or Service: The Agreement sets forth the provisions that apply in the event of your termination or suspension of employment or
service. 

  

	3.	Delivery: Stock awarded shall be represented by a stock certificate registered in your name which will be held in safekeeping by the Company until the Forfeiture Restrictions
have expired. 

  

	4.	Taxes and Withholding: You will be required to make appropriate arrangements with the Company for satisfaction of any applicable federal, state, or local income tax
withholding requirements (or like requirements), including the payment to the Company at the time of vesting of all such required amounts. 

 IN WITNESS WHEREOF, ENCORE BANCSHARES, INC. has caused this Notice of Restricted Stock Award to be signed by its duly authorized officer effective this      day of
                    , 2006. 
  

			
	By:	 	  

	Name:	 	James S. D’Agostino, Jr.
	Title:	 	President

  

 8Letter Employment Agreement dated Apr 29, 2005 G. Walter Christopherson.

 Exhibit 10.4 
 

 
 April 29, 2005 
 Mr. G. Walter Christopherson 
 Linscomb & Williams, Inc. 
 1400 Post Oak Boulevard 
 Suite 1000 
 Houston, Texas 77056 
 Dear Mr. Christopherson: 
 In connection with the Stock Purchase Agreement between Encore Bancshares, Inc. (“Encore”) and Linscomb & Williams, Inc.
(“L&W”) dated April 22, 2005 (“Stock Purchase Agreement”), Encore is pleased to offer you employment in the position of Vice President with its subsidiary, L&W (which, together with any successor entity to L&W,
shall be referred to herein as the “Employing Entity”). 
 As we have discussed, Encore considers your employment, post-closing,
vital to protecting and enhancing the best interests of Encore and its shareholders. In this connection, Encore recognizes that the possibility of a Change in Control in the future would result in uncertainty, which may result in the departure or
distraction of management personnel to the detriment of Encore and its shareholders. Accordingly, Encore’s Board of Directors (the “Board”) has determined that appropriate steps should be taken to encourage the continued attention and
dedication of members of Encore’s management, including you, to their assigned duties without distraction in the face of the potentially disturbing circumstances arising from the possibility of a Change in Control of Encore. 
 A part of protecting Encore’s interest is also ensuring the protection of its confidential information, and ability to compete in the particular
market that L&W served prior to the purchase. You have recognized that you have unique, confidential and proprietary information that you would be unable to keep confidential if employed in a competing business immediately upon your leaving
Encore’s employ. 
 Thus, in consideration of your agreements contained herein, this Agreement sets forth certain benefits which Encore
agrees will be provided to you upon your agreement to become an employee, and in the event of, among other things, a “Change in Control” of Encore (as defined in section 3 hereof) under the circumstances described below. 

1. SALARY AND BENEFITS. During the term of your employment, your base salary will be $20,833.33 per month, less any applicable statutory
deductions or 

 Mr. G. Walter Christopherson 
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withholding. Following your first twelve months of employment, your salary will be reevaluated by Encore, and based upon your performance, may be increased
at Encore’s discretion. You will be eligible to participate in any and all savings, retirement, profit sharing, pension, equity incentive, stock option, employee stock ownership, supplemental executive retirement and other employee benefit
plans, programs, arrangements and policies that are made available by Encore to its employees in positions comparable to yours, in accordance with applicable plan documents and Encore’s policies. You will be paid a bonus only if L&W’s
earnings before taxes, calculated in accordance with generally accepted accounting principles, exceed a pre-tax earnings floor in a given calendar year, as indicated in Schedule A, attached. The bonus amount will be equal to the pretax earnings
in excess of the floor, up to the maximum bonus amount indicated in Schedule A. 
 2. TERM. This Agreement shall have an initial
term beginning on your date of hire, which shall be the day after the closing of the acquisition set forth in the Stock Purchase Agreement, and shall expire on December 31, 2009, (the “Term”) assuming there has been no Change in
Control; provided, however, that the Term shall be automatically extended for successive periods of one (1) year on a continuing basis unless either party shall give written notice of intention not to so extend at least ninety (90) days
prior to the end of the initial Term or any renewal period. 
 3. CHANGE IN CONTROL. For purposes of this Agreement, “Change in
Control” of Encore means the occurrence of any of the following events: (i) Encore shall not be the surviving entity in any merger, consolidation or other reorganization (or survives only as a subsidiary of an entity other than a
previously wholly-owned subsidiary of Encore); (ii) Encore’s subsidiary savings and loan is merged or consolidated into, or otherwise acquired by, an entity other than a wholly-owned subsidiary of Encore; (iii) Encore sells, leases or
exchanges all or substantially all of its assets to any other person or entity (other than a wholly-owned subsidiary of Encore); (iv) Encore is to be dissolved and liquidated; (v) any person or entity, including a “group” as
contemplated by Section 13(d)(3) of the 1934 Act, acquires or gains ownership or control (including, without limitation, power to vote or control the voting) of more than 50% of the outstanding shares of Encore’s voting stock (based upon
voting power); or (vi) as a result of or in connection with a contested election of directors, the persons who were directors of Encore before such election shall cease to constitute a majority of the Board of Directors. “1934 Act”
means the Securities Exchange Act of 1934, as amended. 

 Mr. G. Walter Christopherson 
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 4. TERMINATION OF EMPLOYMENT. 
 (i) Disability. If, as a result of your incapacity due to physical or mental illness, you shall have been unable for more than five
(5) consecutive calendar months at any time after the execution of this Agreement to perform your essential duties with Encore or the Employing Entity, with or without a reasonable accommodation, and within thirty (30) days after written
notice of termination is given you shall not have returned to the performance of your essential duties, with or without an accommodation, Encore may terminate your employment for “Disability.” The determination of whether you are disabled
shall be made by reference to the definition of disability under Encore’s long-term disability insurance plan for employees and the determination of the insurance carrier regarding the existence of disability shall be determinative. 

(ii) Retirement. Termination of your employment based on “Retirement” shall mean your voluntary termination of
employment after attaining your “Normal Retirement Date.” “Normal Retirement Date” as used herein shall be the first day of the first calendar month following the calendar month in which you reach age (a) 55 with at least
three (3) years of service, or (b) age 65. Early retirement initiated by Encore shall be treated as a dismissal and not a voluntary early retirement. Your voluntary termination of employment for “Good Reason” as set forth in
paragraph (iv) below after attaining your Normal Retirement Date shall not be a termination of your employment based on Retirement, but shall be a “Good Reason” termination of your employment. 
 (iii) Cause. Termination of your employment by Encore for “Cause” shall mean termination upon (A) the willful and
continued failure by you substantially to perform your duties (other than any such failure resulting from your incapacity due to physical or mental illness), after a demand for substantial performance is delivered to you by the Chairman of the Board
or the President of Encore which specifically identifies the manner in which it is believed that you have not substantially performed your duties, and a reasonable period of opportunity for such substantial performance is provided, or (B) the
willful engaging by you in misconduct materially and demonstrably injurious to Encore or L&W. For purposes of this paragraph, no act, or failure to act, on your part shall be considered “willful” unless done, or omitted to be done, by
you not in good faith and without reasonable belief that your action or omission was in the best interest of Encore. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or by 

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the Board of Directors of the Employing Entity or based upon the advice of counsel for Encore shall be conclusively presumed to be done, or omitted to be
done, by you in good faith and in the best interest of Encore. Notwithstanding the foregoing, you shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to you a copy of a resolution duly adopted by
the affirmative vote of not less than three-quarters of the entire membership of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to you and an opportunity for you, together with your counsel, to be heard
before the Board), finding that in the good faith opinion of the Board you were guilty of conduct set forth above in clauses (A) or (B) in this paragraph and specifying the particulars thereof in detail. 
 (iv) Good Reason. “Good Reason” for you to terminate your employment shall exist if, within a period of six months prior
to a Change of Control or two years after a Change in Control, any of the following events shall occur: 
 (A) An adverse
change in your status or positions(s) as an executive or other key employee of Encore or of the Employing Entity, including, without limitation, any adverse change in your status or position as a result of a diminution in your duties or
responsibilities or a change in your business location of more than fifty (50) miles or the assignment to you of any duties or responsibilities which, in your reasonable judgment, are inconsistent with such status or position(s), or any removal
of you from or any failure to reappoint or reelect you to such position(s) (except in connection with or as a result of the termination of your employment for Cause or Disability or as a result of your death or by you other than for Good Reason);

 (B) A material reduction in the number of vacation days to which you are then entitled under Encore’s vacation
policy; 
 (C) The taking of any action by Encore or the Employing Entity (including the elimination of a plan without
providing substitutes therefor, the reduction of your awards under any benefits plan, or the failure to replicate a plan, such as an annual bonus plan, that by its terms is time limited and is of a type that it has been Encore’s practice to
replace with a similar plan from time to time), that would materially diminish the 

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aggregate projected value of your awards under any bonus, stock option or other management incentive plans in which you were participating at the time of
such reduction; 
 (D) The taking of any action by Encore or the Employing Entity that would materially diminish the
aggregate value of the benefits provided you under Encore’s medical, health, dental, accident, disability, life or other insurance, stock purchase or retirement plans in which you were participating at the time of such change by Encore;

 (E) A failure by any successor (as hereinafter defined) to provide the assumption and acknowledgement of this Agreement
contemplated by section 9 hereof. 
 (v) Termination Not For Cause, Unrelated to Change of Control. During the
term of this agreement, Encore may terminate your employment for any reason other than Disability or Cause, by giving you thirty days written notice. If your termination is unrelated to a Change in Control, you shall receive benefits as set forth in
section 6 of this Agreement. If your termination is related to a Change in Control, as described in section 7 of this Agreement, you shall receive benefits as set forth in section 7 of this Agreement. 
 (vi) Resignation. During the term of this agreement, you may resign from employment for other than Good Reason or Retirement, by
giving thirty days written notice to Encore. Notwithstanding the foregoing, in the event a tender offer or exchange offer is commenced by any person, group or entity (“Person”) which, if successfully consummated, will result in such Person
being the beneficial owner of more than 10% of the combined voting power of Encore’s Voting Securities, including shares of Common Stock of Encore, you agree that you will not voluntarily leave the employ of Encore or the Employing Entity
(other than as a result of Disability or upon Normal Retirement) and will render the services contemplated in this Agreement until such tender offer or exchange offer has been abandoned or terminated or a Change in Control of Encore has occurred.

 (vii) Notice of Termination. Any termination by Encore or by you pursuant to paragraphs (i) through
(vi) above shall be communicated by written Notice of Termination to the other party hereto. For purposes of this 

 Mr. G. Walter Christopherson 
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Agreement, a “Notice of Termination” shall mean a notice specifying the termination provision in this Agreement relied upon and setting forth in
reasonable detail the facts and circumstances claimed to provide a basis for termination of your employment under the provision so specified. 
 (viii) Date of Termination. “Date of Termination” shall mean (A) if your employment is terminated for Disability, thirty (30) days after Notice of Termination is given (provided that you
shall not have returned to the performance of your duties on a full-time basis during such thirty (30) day period); (B) if you terminate your employment pursuant to paragraph (iv) or (vi) above, the date specified in the Notice
of Termination; (C) if your employment is terminated for death or Retirement, the date of your death or Retirement; and (E) if your employment is terminated for any other reason, the date on which Notice of Termination is given.

 5. RIGHTS AND OBLIGATIONS DURING DISABILITY. During any period that you fail to perform your duties hereunder as a result of
incapacity due to physical or mental illness, you shall continue to receive your full base salary at the rate then in effect, and any time of service for vesting purposes under any plan shall continue to accrue during such period of incapacity until
and if your employment is terminated pursuant to section 4(i) hereof (and for any longer period as may be provided under applicable plans). 
 6. RIGHTS AND OBLIGATIONS UPON TERMINATION NOT RELATED TO A CHANGE IN CONTROL. If your employment is terminated pursuant to section 4(i), 4(ii), 4(iii) or 4(vi), Encore shall pay you, or shall cause to be paid to you your full
base salary and accrued vacation pay through the Date of Termination at the rate in effect at the time Notice of Termination is given plus any benefits or awards (including both the cash and stock components) which pursuant to the terms of any plans
have been earned or become payable, but which have not yet been paid to you, and shall have no further obligations to you under this Agreement. If your employment is terminated pursuant to section 4(v), Encore shall pay you, or shall cause to
be paid to you, your full base salary and accrued vacation pay through the remainder of the Term of this Agreement at the rate in effect at the time Notice of Termination is given (or a lump sum equivalent, at Encore’s option) plus any benefits
or awards (including both the cash and stock components) which pursuant to the terms of any plans have been earned or become payable, but which have not yet been paid to you, and continued participation, with premiums paid by Encore, in all life,
medical, dental and prescription drug insurance plans, programs or arrangements in which you were entitled to participate prior to the Notice of Termination, until the expiration of the Term or you begin full-time employment with a new employer.

 Mr. G. Walter Christopherson 
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 7. RIGHTS AND OBLIGATIONS UPON TERMINATION RELATED TO A CHANGE IN CONTROL. 
 (i) Change in Control Payments. If Encore or the Employing Entity, within a period six months prior to or two years after the
occurrence of a Change in Control, terminate your employment other than for Disability or Cause pursuant to section 4(i) or 4(iii) hereof, or if you, within a period of two years after the occurrence of a Change in Control of Encore, terminate
your employment for Good Reason as provided for in section 4(iv) of this Agreement, then Encore shall cause to be paid or made available to you the following: 
 (A) Your full base salary through the Date of Termination at the rate in effect just prior thereto (not taking into account any reduction
in your base salary that constitutes Good Reason for your termination), plus any earned vacation time, plus any benefits or awards (including both the cash and stock components) which pursuant to the terms of any plans have been earned or become
payable, but which have not yet been paid to you, to be paid within six days of the Date of Termination, plus 
 (B) an
amount equal to two (2) times the aggregate of your base salary plus the average of all bonus, profit sharing, and other incentive payments made by Encore or Employing Entity to you in respect of the two (2) calendar years preceding the
Change in Control, to be paid within thirty (30) days following the Date of Termination; plus 
 (C) benefits equal in
value to each life, health, accident or disability benefit to which you were entitled (through insurance, direct reimbursement, or otherwise) immediately before the Date of Termination (not taking into account any reduction in such benefit that
constitutes Good Reason for your termination). The value of the foregoing benefits shall be determined individually rather than in the aggregate, and shall-be compared after subtracting applicable income and employment taxes. Encore shall provide
the benefits described in this subsection for a period terminating on two years after the Date of Termination. An election by you to terminate for Good Reason shall not be deemed a voluntary 

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termination of employment by you for purposes of this Agreement or of any plan or practice of Encore. At the end of the period of coverage, you shall have
the option to have assigned to you, at no cost and with no apportionment of prepaid premiums, any assignable insurance policy owned by Encore or the Employing Entity and relating specifically to you. 
 (ii) Base Salary Defined. For purposes of this Agreement, the term “base salary” shall include any amounts deducted
pursuant to Sections 125 and 401(k) of the Internal Revenue Code of 1986, as amended, (the “Code”). Amounts paid pursuant to this section 7 shall be deemed severance pay and in lieu of any further salary for periods subsequent to
the Date of Termination. 
 (iii) Stock Options. Notwithstanding any option agreement, upon the occurrence of a Change
in Control of Encore, all outstanding stock options granted to you pursuant to any stock option plans of Encore or your Employing Entity shall become 100% vested and immediately exercisable. 
 (iv) Election to Defer Payments. Upon entering into this Agreement and thereafter at any time up to sixty (60) days before
amounts are payable to you pursuant to this Agreement, you may, in writing, direct Encore that any amounts which should become payable to you pursuant to section 7(i) hereof shall be paid to you in equal annual installments over a period of three
(3) to ten (10) years, with the first such installment payable within five business days of the Date of Termination and each successive installment paid on the anniversary of the Date of Termination or the next following business day if
such date is not a business day (the “Deferred Payment Election”). Any amount deferred pursuant to the preceding sentence shall be credited with interest at the rate provided in Section 1274(b)(2)(B) of the Code. Notwithstanding
anything in the foregoing to the contrary, a Deferred Payment Election shall be automatically revoked should you terminate your employment under the circumstances described in section 9 below. 
 (v) Other Rights. After the occurrence of a Change in Control of Encore, Encore shall continue to maintain in effect all charter
and bylaw provisions and all contractual indemnities that afford to you rights to indemnification against liability as an officer, director or employee of Encore as were in effect immediately prior to the Change in Control, and shall continue to
maintain directors and officers liability insurance coverages at least in the amounts and other terms as Encore maintained in effect immediately prior to the Change in Control for the remaining term of this Agreement. 

 Mr. G. Walter Christopherson 
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 (vi) Tax Issues. To the extent that the payment provided for herein results in
compensation income to you for federal or state income tax purposes, you shall pay to Encore or Employing Entity at the time of such event such amount of money as Encore or Employing Entity may require to meet its withholding obligation under
applicable tax laws or regulations, if any, and, if you fail to do so, Encore or Employing Entity is authorized to withhold from any cash remuneration then or thereafter payable to you, any tax required to be withheld by reason of such resulting
compensation income. 
 8. CONFIDENTIAL INFORMATION AND POST-EMPLOYMENT RESTRICTIONS. 
 (i). Confidential Information Defined. You acknowledge that Encore’s business is highly competitive; that Encore promises, by
this offer, to give you immediate access to Confidential Information of Encore that is a valuable, special and unique asset used by Encore in its business; and that protection of such Confidential Information against unauthorized disclosure and use
is of critical importance to Encore. “Confidential Information” of Encore (or any affiliate) means and includes confidential and/or proprietary information or trade secrets that has been or will be developed or used and that cannot be
obtained readily by third parties from outside sources. Confidential Information includes, but is not limited to, the following: information regarding customers, employees, contractors and the industry not generally known to the public: strategies,
methods, books, records and documents; technical information concerning products, equipment, services and processes; procurement procedures, pricing and pricing techniques; information concerning past, current and prospective customers, investors
and business affiliates (such as contact name, service provided, pricing, type and amount of services used, financial data and/or other such information); pricing strategies and price curves; positions; plans or strategies for expansion or
acquisitions; budgets; research; financial and sales data; trading methodologies and terms; communications information; evaluations, opinions and interpretations of information and data; marketing and merchandising techniques; electronic databases;
models; specifications; computer programs; contracts; bids or proposals; technologies and methods; training methods and processes; organizational structure; personnel information; payments or rates paid to consultants or other service providers; and
other such confidential or proprietary 

 Mr. G. Walter Christopherson 
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information. The term “Confidential Information” does not include any information that (a) at the time of disclosure or thereafter is
generally available to and known to the public, other than by a breach of this Agreement, (b) was available to you on a nonconfidential basis from a source other than Encore (or any affiliate), or (c) was independently acquired or
developed without violating any obligations of this Agreement. 
 (ii). Non-Disclosure Obligations. You will not, at
any time during or after employment with Encore, make any unauthorized disclosure, directly or indirectly, of any Confidential Information of Encore, its affiliates, or of any third parties that the Executive received in connection with his
employment with Encore, or make any use thereof, directly or indirectly, except in working for Encore. The Executive also agrees that he shall deliver promptly to Encore at the termination of employment or at any other time at Encore’s request,
without retaining any copies, all documents and other material in the Executive’s possession relating, directly or indirectly, to any Confidential Information or other information of Encore, or Confidential Information or other information
regarding third parties, learned as an employee at Encore. 
 (iii). Non-Competition Obligations. In order to protect
the Confidential Information and in order to enforce Employee’s agreement not to disclose Confidential Information, Encore and you agree that, during the term of your employment with Encore, which may exceed the Term of this Agreement, and for
twenty-four (24) months after the termination of your employment with Encore (“Non-Competition Period”), you will not, except as an employee of Encore, in any capacity for the Executive or others, directly or indirectly: 

(A) compete or engage, anywhere in the geographic area comprised of Harris and Montgomery Counties in Texas and Collier, Hillsborough
and Lee Counties in Florida, plus any additional county in which Encore Bank may establish a branch office (collectively, the “Market Area”), in a financial planning or investment advisory business similar to that of Encore (the Market
Area does not include additional counties in which Encore’s Successor has branch offices but Encore had no branch office prior to the succession); 
 (B) take any action to invest in, own, manage, operate, control, participate in, be employed or engaged by or be connected in any manner with any partnership, corporation or other business or entity engaging in a

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financial planning or investment advisory business similar to that of Encore anywhere within the Market Area; except that you are permitted to own, directly
or indirectly, up to two percent (2%) of the issued and outstanding securities of any publicly traded financial institution conducting business in the Market Area; 
 (C) solicit competing business from customers or prospective customers of Encore if, within the twelve (12) months before your
termination, you had or made contact with the customer, or had access to information and files about the customer; or 
 (D)
solicit any employee of Encore whom you had contact, knowledge of, or association in the course of employment with Encore to terminate employment from Encore, and will not assist any other person or entity in such activities. 
 (iv) Non-Competition Period Reduced. If Encore or the Employing Entity, within a period six months prior to or two years after the
occurrence of a Change in Control, terminates your employment other than for Disability or Cause pursuant to section 4(i) or 4(iii) hereof, or terminates your employment not for Cause, unrelated to a Change in Control, as provided in section
4(v) hereof, or if you terminate your employment for Good Reason as provided for in section 4(iv) of this Agreement, the Non-Competition Period described above shall be reduced to the period of twelve (12) months after the termination of
your employment with Encore. 
 (v) Injunctive Relief. You and Encore acknowledge and agree that breach of any of the
covenants made by you in this section 8 would cause irreparable injury to Encore, which could not sufficiently be remedied by monetary damages; and, therefore, that Encore shall be entitled to obtain such equitable relief as declaratory
judgments; temporary, preliminary and permanent injunctions; and order of specific performance to enforce those covenants or to prohibit any act or omission that constitutes a breach thereof. If a party must bring suit to enforce this Agreement or
to defend any such action, the prevailing party shall be entitled to recover its attorneys’ fees and costs related thereto. 
 (vi) Tolling. In the event that Encore shall file a lawsuit in any court of competent jurisdiction alleging a breach of any of the obligations under this section of Agreement, any time period you are in breach of the Agreement shall
be deemed tolled as of the time such lawsuit is filed, and shall remain tolled until such dispute finally is resolved. 

 Mr. G. Walter Christopherson 
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 9. SUCCESSOR’S BINDING AGREEMENT. 
 (i) Encore will, and you may, seek, by written request at least five business days prior to the time any Person becomes a Successor (as
hereinafter defined), to have such Person, by agreement in form and substance satisfactory to you, expressly assume Encore’s obligations under this Agreement and acknowledge that the Successor is contractually bound to perform all of such
obligations. Failure of such Person to furnish such assumption and acknowledgement by the later of (A) three business days prior to the time such Person becomes a Successor or (B) two business days after such person receives a written
request to so assume and acknowledge shall constitute Good Reason for termination by you of your employment if a Change in Control of Encore occurs or has occurred. For purposes of this Agreement, “Successor” shall mean any Person that
succeeds to, or has the practical ability to control (either immediately or with the passage of time), Encore’s business directly, by merger or consolidation, or indirectly, by purchase of Encore’s Voting Securities or otherwise.

 (ii) This Agreement shall inure to the benefit of and be enforceable by your personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees and legatees. If you should die before all amounts that would still be payable to you hereunder if you had continued to live are paid, all such unpaid amounts, unless otherwise provided
herein, shall he paid in accordance with the terms of this Agreement to your devisee, legatee, or other designee or, if there be no such designee, to your estate. 
 10. TAXES. All payments to be made to you under this Agreement will be subject to required withholding of applicable federal, state and local taxes. 
 11. SURVIVAL. The respective obligations of, and benefits afforded to Encore and you as provided in section 8 of this Agreement shall survive
termination of this Agreement. 
 12. NOTICES. Notices and all other communications provided for herein shall be in writing and shall
be deemed to have been duly given when delivered or mailed by certified or registered mail, return receipt requested, postage prepaid addressed to the respective addresses set forth on the first page of this Agreement or to such other address

 Mr. G. Walter Christopherson 
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as either party may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective only upon
receipt. All notices to Encore shall be directed to the attention of the Chief Executive Officer of Encore with a copy to Corporate Secretary of Encore. 
 13. MISCELLANEOUS. No provision of this Agreement may be modified, waived or discharged except in writing specifically referring to such provision and signed by you and such officer as may be specifically
designated by the Board. No waiver at any time by either party hereto of the breach of any condition or provision of this Agreement, or of compliance by the other party with the same, shall be deemed a waiver of any other condition or provision at
the same or at any other time. No agreement or representation still in effect, oral or otherwise, express or implied, with respect to the subject matter hereof has been made by either party other than those set forth expressly in this Agreement.
Upon termination of your employment, in the event of any conflict between the terms of this Agreement and the terms of any other agreements between you and Encore, this Agreement shall be controlling. The validity, interpretation, construction and
performance of this Agreement shall be governed by the laws of the State of Texas. 
 14. VALIDITY. The invalidity or unenforceability
of any provisions of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. This Agreement shall supersede any prior agreement between Encore and you that
provides for similar benefits in the event of a Change in Control (the “Prior Agreement”), provided, however, that (i) if any provision of this Agreement is determined by a court or other competent authority to be invalid or
unenforceable, the corresponding provision (if any) of the Prior Agreement shall automatically be reinstated as if it were a provision of this Agreement, and (ii) if this Agreement is determined by a court or other competent authority to be
invalid or unenforceable, the Prior Agreement shall automatically be reinstated in its entirety. 
 15. COUNTERPARTS. This Agreement
may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument. 

 Mr. G. Walter Christopherson 
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 If this letter correctly sets forth our agreements regarding your employment with Encore, kindly sign
and return to Encore the enclosed copy of this letter which will then constitute our agreement on this subject, to be effective on your first day of work at Encore. 
  

			
	Sincerely,
	
	Encore Bancshares, Inc.
		
	By:	 	 /s/ James S. D’Agostino, Jr.

		 	James S. D’Agostino, Jr.,
		 	Chairman and President

 Mr. G. Walter Christopherson 
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 ACKNOWLEDGED AND AGREED. 
  

			
	By:	 	 /s/ G. Walter Christopherson

		 	G. Walter Christopherson

 Date: April 29, 2005 

 Mr. G. Walter Christopherson 
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 SCHEDULE A 
  

										
	 Time Period
	  	 Pre-Tax
 Earnings Floor
 ($thousands)
	  	 Maximum Bonus
 ($thousands)
	  	 Maximum
 Individual
 Bonus
 ($thousands)

	 Calendar Year 2005,
 Prorated by month
	  	$	2,025	  	$	250	  	$	50
	Calendar Year 2006	  	 	2,379	  	 	300	  	 	60
	Calendar Year 2007	  	 	2,747	  	 	350	  	 	70
	Calendar Year 2008	  	 	3,120	  	 	400	  	 	80
	Calendar Year 2009	  	 	3,584	  	 	450	  	 	90

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}]]