Document:

Support Agreement

 Exhibit 10.1 
 SUPPORT AGREEMENT 
 SUPPORT AGREEMENT (this “Agreement”), dated
as of November 17, 2010, by and among FP Hypercom Holdco, LLC (“FP”), VeriFone Systems, Inc., a Delaware corporation (“VeriFone”) and Francisco Partners II, L.P., a Delaware limited partnership (“FP
LP”). Except as otherwise provided herein, capitalized terms that are used but not otherwise defined herein shall have the meaning assigned to such terms in the Merger Agreement (as defined below). 

WHEREAS, contemporaneously with the execution of this Agreement, VeriFone, Hypercom Corporation (“Hypercom”) and Honey
Acquisition Co. (“Merger Sub”), a Delaware corporation and wholly-owned subsidiary of VeriFone, have entered into an Agreement and Plan of Merger (the “Merger Agreement”), providing for, among other things, the
merger of Merger Sub with and into Hypercom, with Hypercom continuing as the surviving corporation and as a wholly owned subsidiary of VeriFone (the “Merger”); 

WHEREAS, in order to induce VeriFone to enter into the Merger Agreement, FP and FP LP wish to enter into this Agreement; 

NOW, THEREFORE, for good and valuable consideration, the receipt, sufficiency and adequacy of which is hereby acknowledged, the parties
hereto agree as follows: 
 1. Representations of FP. FP and FP LP (collectively, the “FP Parties”) each
represent and warrant to VeriFone that: 
 (a) the FP Parties own beneficially (as such term is defined in Rule
13d-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) or of record the Warrant to Purchase Common Stock (the “Warrant”), issued by Hypercom on April 1, 2008, and pursuant to which FP
may purchase 10,544,000 fully paid and nonassessable shares (the “Shares”) of Hypercom’s common stock, par value $0.001 per share (“Hypercom Common Stock”), from Hypercom, at the exercise price of $5.00 per
share (subject to adjustment as provided in the Warrant) free and clear of all Liens, 
 (b) the FP Parties do
not beneficially own (as such term is used in Rule 13d-3 of the Exchange Act) any shares of Hypercom Common Stock other than the Shares and, except for the Warrant, does not have any options, warrants or other rights to acquire any additional shares
of capital stock of Hypercom or any security exercisable for or convertible into shares of capital stock of Hypercom, 
 (c) the FP Parties have full power and authority and have taken all actions necessary to enter into, execute and deliver this Agreement and to perform fully their obligations hereunder, 

(d) this Agreement has been duly executed and delivered and constitutes the legal, valid and binding obligation of the FP
Parties enforceable against the FP Parties in accordance with its terms, 

 (e) other than filings under the Exchange Act, no notices, reports or other
filings are required to be made by the FP Parties with, nor are any consents, registrations, approvals, permits or authorizations required to be obtained by the FP Parties from, any Governmental Entity, in connection with the execution and delivery
of this Agreement by the FP Parties, and 
 (f) the execution, delivery and performance of this Agreement by the
FP Parties does not, and the consummation by the FP Parties of the transactions contemplated hereby will not, result in a violation or breach of, or constitute (with or without due notice or lapse of time or both) a default (or give rise to any
right of termination, cancellation, modification or acceleration) (whether after the giving of or the passage of time of both) under any contract, agreement, arrangement or commitment to which either of the FP Parties is a party or which is binding
on it or its assets and will not result in the creation of any Lien on, or security interest in, any of the assets on properties of either of the FP Parties. 
 2. Agreement to Deliver Proxy. To the extent FP exercises the Warrant, in whole or in part, on or prior to any record date for any meeting of holders of Company Shares relating to the Merger or any
other merger, consolidation, business combination, reorganization, recapitalization, liquidation or sale or transfer of any material assets of Hypercom or its Subsidiaries (each such meeting, a “Stockholder Meeting”), FP agrees to
deliver to VeriFone promptly upon VeriFone’s request an irrevocable proxy substantially in the form attached hereto as Schedule A to Vote the Shares at every such Stockholder Meeting and at every adjournment or postponement thereof: 

(a) in favor of adoption of the Merger Agreement and approval of the Merger and the transactions contemplated thereby, and

 (b) against any action or agreement that would compete with, or materially impede, or interfere with or that
would reasonably be expected to discourage the Merger or inhibit the timely consummation of the Merger. 
 The proxy delivered
by FP pursuant to this Section 2 shall be irrevocable during the term of this Agreement to the extent permitted under Delaware law. For purposes of this Agreement, “Vote” includes voting in person or by proxy in favor of or
against any action, otherwise consenting or withholding consent in respect of any action (including, but not limited to, consenting in accordance with Section 228 of the Delaware General Corporation Law) or taking other action in favor of or
against any action. “Voting” shall have a correlative meaning. 
 3. No Voting Trusts. The FP Parties
agree that they will not, nor will they permit any entity under their control to, deposit any of their Shares or New Shares (as defined in Section 6 hereof) in a Voting trust or subject any of their Shares or New Shares to any arrangement with
respect to the Voting of such Shares or New Shares other than agreements entered into with VeriFone. 

  
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 4. No Proxy Solicitations. The FP Parties agree that they will not, nor will they
permit any entity under their control to: 
 (a) solicit proxies or become a “participant” in a
“solicitation” (as such terms are defined in Regulation 14A under the Exchange Act) in opposition to or competition with the consummation of the Merger or otherwise assist any party in taking or planning any action which would compete
with, or materially impede, or interfere with or that would reasonably be expected to discourage the Merger or inhibit the timely consummation of the Merger in accordance with the terms of the Merger Agreement, 

(b) directly or indirectly encourage, initiate or cooperate in a stockholders’ Vote or action by consent of
Hypercom’s stockholders in opposition to or in competition with the consummation of the Merger, or 
 (c)
become a member of a “group” (as such term is used in Section 13(d) of the Exchange Act) with respect to any voting securities of Hypercom for the purpose of opposing or competing with the consummation of the Merger. 

5. Transfer and Encumbrance. On or after the date hereof and during the term of this Agreement, the FP Parties agree not to
transfer, sell, offer, exchange, pledge or otherwise dispose of or encumber the Warrant or any of their Shares or New Shares, unless the person to whom such Warrant, Shares or New Shares, as the case may be, has agreed to be bound by the terms
hereof in writing; and provided, that the foregoing restriction shall not apply after the Company Requisite Vote has been obtained. 
 6. Additional Purchases. The FP Parties agree that, other than by exercise of the Warrant, they will not purchase or otherwise acquire beneficial ownership (as such term is used in Rule 13d-3 of
the Exchange Act) of any shares of Hypercom Common Stock after the execution of this Agreement (“New Shares”), nor will the FP Parties voluntarily acquire the right to Vote or share in the Voting of any shares of Hypercom Common
Stock other than the Shares, unless the FP Parties deliver to VeriFone immediately after such purchase or acquisition an irrevocable proxy substantially in the form attached hereto as Schedule A with respect to such New Shares. The FP Parties also
agree that any New Shares acquired or purchased by them shall be subject to the terms of this Agreement to the same extent as if they constituted Shares. 
 7. Consent. FP hereby (i) to the extent required or contemplated by the Warrant, consents to the Merger and its consummation pursuant to the terms of the Merger Agreement, and waives any event
of default under the Credit Agreement, dated as of February 13, 2008, by and among Hypercom and FP as Lender and Administrative Agent, arising by virtue of the entry into the Merger Agreement or the consummation of the Merger and consummation
of the other transactions contemplated by the Merger Agreement (subject to the repayment in full of all principal, interest, fees and expenses thereunder on the Closing), and (ii) consents to the treatment of the Warrant pursuant to the terms
Section 4.5 of the Merger Agreement and confirms that other than as provided for in the Merger Agreement, no other notice regarding the Merger is required under the Warrant and the Related Agreements (as defined in the Warrant) in connection
with the Merger; provided, however, that in no event shall Section 4.5 of the Merger Agreement be amended, modified or revised without FP’s consent. FP and VeriFone agree to deliver an executed Assignment and Assumption
Agreement in substantially the form attached hereto as Schedule B. FP LP hereby agrees to deliver a payoff letter on or prior to the Closing in substantially the form attached hereto as Schedule C. 

  
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 8. Stockholder Capacity. No Person executing this Agreement who is or becomes during
the term hereof a director or officer of the Company shall be deemed to make any agreement or understanding in this Agreement in such Person’s capacity as a director or officer and nothing herein shall affect the ability of any Person to take
any action as director of the Company permissible under the Merger Agreement. 
 9. Specific Performance. The parties
acknowledge that there may be no adequate remedy at law for a breach of this Agreement and that money damages may not be an appropriate remedy for breach of this Agreement. Therefore, the parties agree that each party has the right to injunctive
relief and specific performance of this Agreement in the event of any breach hereof in addition to any rights it may have for damages, which shall include out of pocket expenses, loss of business opportunities and any other damages, direct and
indirect, consequential, punitive or otherwise. The remedies set forth in this Section 8 are cumulative and shall in no way limit any other remedy any party hereto has at law, in equity or pursuant hereto. 

10. Entire Agreement; Amendment; Waiver. This Agreement (including the schedules hereto) constitutes the entire agreement, and
supersedes all prior agreements, understanding, representations and warranties both written and oral, between the parties, with respect to the subject matter hereof. Subject to the provisions of applicable Law, the parties hereto may modify or amend
this Agreement, by written agreement executed and delivered by duly authorized officers of the respective parties. Any provision of this Agreement may be waived if, and only if, such waiver is in writing and signed by the party against whom the
waiver is to be effective. No failure or delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or
the exercise of any other right, power or privilege. Except as otherwise herein provided, the rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law. 

11. Notices. Notices, requests, instructions or other documents to be given under this Agreement shall be in writing and shall be
deemed given, (i) when delivered, if delivered personally to the intended recipient, and (ii) one business day later, if sent by overnight delivery via a national courier service, and in each case, addressed to a party at the following
address for such party: 
 To VeriFone: 
 VeriFone Systems, Inc. 
 2099 Gateway Place 

San Jose, California 95110 
 Telephone: 408-232-7800 
 Attention:   Albert Liu

 With a copy to: 
 Sullivan & Cromwell LLP 
 1870 Embarcadero Road

 Palo Alto, California 94303 

Telephone: 650-461-5600 
 Attention:   Scott D. Miller 

                   Sarah P.
Payne 

  
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 To FP or FP LP: 

FP Hypercom Holdco, LLC 
 Francisco Partners II, L.P. 
 One Letterman Drive 

Building C, Suite 410 
 San Francisco, CA 94129 
 Telephone: 415 418-2900 

Attention: Keith Geeslin 
 With a copy to: 
 Shearman & Sterling 

525 Market Street 
 San Francisco, CA 94104 
 415 616-1248 

Michael J. Kennedy 
 12. Miscellaneous. 
 (a) Governing Law. THIS
AGREEMENT SHALL BE DEEMED TO BE MADE IN AND IN ALL RESPECTS SHALL BE INTERPRETED, CONSTRUED AND GOVERNED BY AND IN ACCORDANCE WITH THE LAW OF THE STATE OF DELAWARE WITHOUT REGARD TO THE CONFLICT OF LAW PRINCIPLES THEREOF TO THE EXTENT THAT SUCH
PRINCIPLES WOULD DIRECT A MATTER TO ANOTHER JURISDICTION.  
 (b) Venue. The parties hereby
irrevocably submit to the personal jurisdiction of the courts of the State of Delaware and the Federal courts of the United States of America located in the State of Delaware solely in respect of the interpretation and enforcement of this Agreement,
and in respect of the transactions contemplated hereby, and hereby waive, and agree not to assert, as a defense in any action, suit or proceeding for the interpretation or enforcement of this Agreement or of any such document, that it is not subject
thereto or that such action, suit or proceeding may not be brought or is not maintainable in said courts or that the venue thereof may not be appropriate or that this Agreement or any such document may not be enforced in or by such courts, and the
parties hereto irrevocably agree that all claims with respect to such action, proceeding or transactions shall be heard and determined in such a Delaware State or Federal court. The parties hereby consent to and grant any such court jurisdiction
over the Person of such parties and, to the extent permitted by Law, over the subject matter of such dispute and agree that mailing of process or other papers in connection with any such action or proceeding in the manner provided in Section 10
or in such other manner as may be permitted by Law, shall be valid and sufficient service thereof. 

  
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 (c) WAIVER OF JURY TRIAL. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY
CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY
LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii) EACH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (iii) EACH PARTY MAKES
THIS WAIVER VOLUNTARILY, AND (iv) EACH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 11(C). 

(d) Severability. The provisions of this Agreement shall be deemed severable and the invalidity or unenforceability
of any provision shall not affect the validity or enforceability of the other provisions of this Agreement. If any provision of this Agreement, or the application of such provision to any Person or any circumstance, is invalid or unenforceable,
(a) a suitable and equitable provision shall be substituted therefor in order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable provision and (b) the remainder of this Agreement
and the application of such provision to other Persons or circumstances shall not, subject to clause (a), be affected by such invalidity or unenforceability, nor shall such invalidity or unenforceability affect the validity or enforceability of such
provision, or the application of such provision, in any other jurisdiction. 
 (e) Counterparts. This
Agreement may be executed in any number of counterparts, each such counterpart being deemed to be an original instrument, and all such counterparts shall together constitute the same agreement. 

(f) Termination. This Agreement shall terminate upon the earliest to occur of (i) the Closing and
(ii) the termination of the Merger Agreement. 
 (g) Headings. The headings herein are for
convenience of reference only, do not constitute part of this Agreement and shall not be deemed to limit or otherwise affect any of the provisions of this Agreement. 

(h) THIRD PARTY BENEFICIARIES. NOTHING IN THIS AGREEMENT, EXPRESS OR IMPLIED, IS INTENDED TO CONFER UPON ANY
PERSON OTHER THAN VERIFONE, FP AND THEIR RESPECTIVE SUCCESSORS AND ASSIGNS, ANY RIGHTS OR REMEDIES UNDER OR BY REASON OF THIS AGREEMENT.  

  
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 IN WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement as of the
date first written above. 
  

					
	VeriFone Systems, Inc.
		
	By:	 	/s/ Albert Liu
		 	Name:	 	Albert Liu
		 	Title:	 	Senior Vice President, General Counsel and Secretary
	
	FP Hypercom Holdco, LLC
		
	By:	 	 Francisco Partners II, L.P.
 Its Managing Member

		
	By:	 	 Francisco Partners GP II, L.P.
 Its General Partner

		
	By:	 	 Francisco Partners GP II Management, LLC
 Its General Partner

		
	By:	 	/s/ Tom Ludwig
		 	Name:	 	Tom Ludwig
		 	Title:	 	Authorized Representative
	
	Francisco Partners II, L.P.
		
	By:	 	 Francisco Partners GP II, L.P.
 Its General Partner

		
	By:	 	 Francisco Partners GP II Management, LLC
 Its General Partner

		
	By:	 	/s/ Tom Ludwig
		 	Name:	 	Tom Ludwig
		 	Title:	 	Authorized RepresentativeForm of TARP-compliant Restricted Stock Agreement

 Exhibit 10.10 
 Eastern Virginia Bankshares, Inc. 
 Restricted Stock Agreement

 THIS AGREEMENT dated as of the <<date of agreement>>, between EASTERN VIRGINIA BANKSHARES, INC., a Virginia
corporation (the “Corporation”), and <<name>> (“Participant”), is made pursuant and subject to the provisions of the Eastern Virginia Bankshares, Inc. Stock Incentive Plan (the “Plan”). All capitalized terms
used herein that are defined in the Plan have the same meaning given them in the Plan. 
 1. Award of Stock.
Pursuant to the Plan, the Corporation, on <<date of grant >> (the “Award Date”), granted Participant <<number of shares>> shares of Common Stock (“Restricted Stock”), subject to the terms and
conditions of the Plan and subject further to the terms and conditions set forth herein (the “Award”). 
 2.
TARP Terminology. For purposes of this Agreement, the following terms have the following meanings: 
  

	 	(a)	“Affected MHCE” means one of the Corporation’s top five most highly compensated employees as provided in the CPP Requirements for purposes of the golden
parachute prohibition thereof. 

  

	 	(b)	“Aggregate TARP Financial Assistance” means all Corporation obligations arising from financial assistance provided to the Corporation under the CPP pursuant
to authority granted under the EESA. 

  

	 	(c)	“ARRA” means the American Recovery and Reinvestment Act of 2009, as amended from time to time. 

 

	 	(d)	“CPP” means the Troubled Asset Relief Program Capital Purchase Program created by the Treasury Department pursuant to authority granted under the EESA.

  

	 	(e)	“CPP Requirements” means the guidance and regulations issued by the Treasury Department with respect to the CPP, as such guidance and regulations may be
amended from time to time. 

  

	 	(f)	“EESA” means the Emergency Economic Stabilization Act of 2008, as amended by the ARRA and as further amended from time to time. 

 

	 	(g)	“SEO” means a senior executive officer as defined in the CPP Requirements. 

 

	 	(h)	“TARP-compliant long-term restricted stock” means restricted stock that complies with the definition of “long-term restricted stock” for purposes of
the exception to the bonus prohibition in the CPP Requirements. 

	 	(i)	“TARP Period” has commenced on or before the Award Date and ends on the day all Corporation obligations arising from financial assistance provided to the
Corporation under the CPP are satisfied as described in Section 111(b)(3)(D)(i) of the EESA, excluding any period in which the Treasury Department only holds warrants to purchase common stock as provided in Section 111(a)(5) of the EESA.

  

	 	(j)	“Treasury Department” means the U.S. Department of the Treasury. 

 3. Restrictions. Except as provided in this Agreement, the Restricted Stock is nontransferable and is subject to a substantial risk of forfeiture. 

4. Vesting in the Restricted Stock.  
  

	 	(a)	[Use for time-based vesting: Subject to earlier vesting or forfeiture as provided below, the Participant’s interest in <<number of shares>>
shares shall become non-forfeitable (“Vested” or “Vesting”) on the following date[s], provided the Participant remains in employment with the Corporation or its Subsidiaries from the Award Date through such [respective] date[s]:

 <<insert vesting schedule, with initial vesting no sooner than Award Date + 2 years>>] 

 

	 	(b)	[Use for performance-based vesting: Subject to earlier vesting or forfeiture as provided below, the Participant’s interest in <<number of
shares>> shall become Vested on <<insert vesting schedule, with initial vesting no sooner than Award Date + 2 years>> if, and only if, the Participant remains in employment with the Corporation or its Subsidiaries
from the Award Date through such [respective] date[s] and <<insert performance requirements>>] 

  

	 	(c)	Upon the occurrence of a Vesting Acceleration Event described in Paragraph 4(d)(ii)(A), (B) or (C), any shares of Restricted Stock under Paragraph 4(a) that are
not then Vested shall immediately become Vested. Upon the occurrence of a Vesting Acceleration Event described in Paragraph 4(d)(ii)(B) or (C), any shares of Restricted Stock under Paragraph 4(b) that are not then Vested shall immediately become
Vested. 

  

	 	(d)	The following terms have the following meanings for purposes hereof: 

  

	 	(i)	“Cause” shall have the meaning set forth in the Participant’s Employment Agreement, if applicable, and if Participant does not have an Employment
Agreement or Participant’s Employment Agreement does not define the term, “Cause” shall mean Participant’s personal dishonesty, incompetence, willful misconduct, breach of a fiduciary duty involving personal profit, intentional
failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, conviction of a felony or of a misdemeanor involving moral turpitude, or
misappropriation of the Corporation’s assets (determined on a reasonable basis and solely by the Board of Directors) or those of its Subsidiaries. 

	 	(ii)	“Vesting Acceleration Event” means during the period in which any share of Restricted Stock is not Vested: 

 

	 	(A)	the Participant’s retirement on or after <<Award Date + 2 years>>, with the consent of the Board of Directors or its delegate, at or after age
sixty-five (65) where there is no Cause (as defined above) for the Corporation to terminate the Participant’s employment, if on the date of retirement either (i) the TARP Period has ended or (ii) the Participant is not an SEO or
an Affected MHCE; 

  

	 	(B)	the occurrence prior to <<Award Date + 2 years>> of a Change of Control (as defined in the Plan), if the Change of Control is also a change in control event
(as defined in 26 CFR 1.280G-1, Q&A-27 through Q&A-29 or as defined in 26 CFR 1.409A-3(i)(5)(i)), if the Participant has remained employed with the Corporation or a Subsidiary through the date the Change of Control occurs, and on the date
such Change of Control occurs either (i) the TARP Period has ended or (ii) the Participant is not an SEO or an Affected MHCE; or 

  

	 	(C)	the occurrence on or after <<Award Date + 2 years>> of a Change of Control (as defined in the Plan), if the Participant has remained employed with the
Corporation or a Subsidiary through the date the Change of Control occurs, and on the date such Change of Control occurs either (i) the TARP Period has ended or (ii) the Participant is not an SEO or an Affected MHCE.

 For purposes of determining a Vesting Acceleration Event, an “Employment Agreement” means a written
individual employment agreement, or if there is no employment agreement, then a written individual change in control agreement, as in effect on the Award Date between the Participant and the Corporation or one of its Subsidiaries. If a Participant
does not have such a written individual employment agreement or change in control agreement, the Participant is considered not to have an Employment Agreement for purposes hereof. 

5. Transferability of Restricted Stock. 
  

	 	(a)	If the Vesting of any shares of Restricted Stock occurs before the end of the TARP Period, such Vested Restricted Stock shall not become freely transferable until the
first day after the TARP Period ends, except in accordance with the following schedule: 

  

			
	 When the Corporation has repaid this
 percentage of the Aggregate TARP
 Financial Assistance:
	  	 This percentage of the Restricted Stock (to
 the extent Vested) shall be freely transferable:

	25%	  	25% (rounded down to the nearest whole share)
	50%	  	50% (rounded down to the nearest whole share)
	75%	  	75% (rounded down to the nearest whole share)
	100%	  	100%

 Notwithstanding the foregoing, if
the Participant does not make an election with respect to the Restricted Stock under Section 83(b) of the Internal Revenue Code, at any time beginning on the date the Restricted Stock becomes substantially vested (as defined in 26

 
CFR 1.83-3(b)) and ending on December 31 of the same calendar year, a portion of the Vested Restricted Stock (rounded down to the nearest whole share) shall be made freely transferable as
may reasonably be required to pay the federal, state, local, or foreign taxes that are anticipated to apply to the income recognized due to such Vesting, and the number of such shares of Vested Restricted Stock made freely transferable for this
purpose shall not count toward the percentages in the schedule above. 
  

	 	(b)	If the Vesting of any shares of Restricted Stock occurs after the end of the TARP Period, such shares of Vested Restricted Stock shall also become freely transferable
at the same time as Vesting occurs. 

  

	 	(c)	Except as contemplated in Paragraph 5(a) and/or (b), the Restricted Stock, and the rights and privileges conferred hereby, shall not be sold, transferred, pledged,
assigned, or otherwise alienated or hypothecated in any way, otherwise than by will or by the laws of descent and distribution, and shall not be subject to execution, attachment or similar process, prior to the later of their Vesting or the end of
the TARP Period (the period from the Award Date through such latter date being the “Non-Transferability Period”). 

 6. Forfeiture. Except in connection with a Vesting Acceleration Event defined in Paragraph 4(d)(ii)(B), if the Participant’s employment with the Corporation and its Subsidiaries ceases
prior to <<Award Date + 2 years>>, all of the Restricted Stock shall be forfeited to the Corporation. If the Participant’s employment with the Corporation and its Subsidiaries ceases on or after <<Award Date + 2 years>>,
any shares of Restricted Stock that are not considered Vested by or at the cessation of the Participant’s employment with the Corporation and its Subsidiaries shall be forfeited to the Corporation. 

7. Shareholder Rights. Subject to Paragraph 13, Participant will have all the rights of a shareholder of the Corporation
with respect to the Restricted Stock, including the right to receive dividends on and to vote the Restricted Stock; provided, however, that (i) Participant may not sell, transfer, pledge, exchange, hypothecate or otherwise dispose of the
Restricted Stock, (ii) the Corporation shall retain custody of the certificates evidencing shares of the Restricted Stock as provided in Section 8, and (iii) Participant will deliver a stock power in accordance with Section 9.

 8. Custody of Certificates. Custody of stock certificates evidencing the Restricted Stock shall be retained by
the Corporation until such time as the Non-Transferability Period with respect to such shares lapses, or such shares are forfeited hereunder. Promptly after the Non-Transferability Period lapses with respect to any shares of Vested Restricted Stock,
the Corporation shall deliver to the Participant a certificate or certificates evidencing the number of such shares as to which the Non-Transferability Period has lapsed. 
 9. Stock Power. Participant shall deliver to the Corporation a stock power, endorsed in blank, with respect to the Restricted Stock. The Corporation shall use the stock power to cancel any
shares of Restricted Stock that do not become Vested. The Corporation shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested. The Participant, by acceptance of the Award, shall be deemed to
appoint, and does so appoint by execution of this Agreement, the Corporation and each of its authorized representatives as the Participant’s attorney(s) in fact to effect any transfer of forfeited shares (or shares otherwise reacquired or
withheld by the Corporation hereunder), or any adjustment to the number of shares of Restricted Stock pursuant to Paragraph 13 or Paragraph 17 below, to the Corporation as may be required pursuant to the Plan or this Agreement and to execute such
documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer. 

 10. Fractional Shares. Fractional shares shall not be issuable hereunder, and
when any provision hereof or the Plan may entitle Participant to a fractional share, such fraction shall be disregarded. 

11. Taxes. The Corporation shall have the right to retain and withhold from any award of the Restricted Stock, the amount
of taxes required by any government to be withheld or otherwise deducted and paid with respect to such award. The Corporation may retain and withhold a number of shares of Vested Restricted Stock, having a Fair Market Value as of the date the shares
become Vested not less than the amount of such taxes, and cancel in whole or in part any such shares so withheld, in order to satisfy the Corporation’s withholding obligations. To the extent shares of Vested Restricted Stock are withheld under
this Paragraph 11 to satisfy a withholding obligation, the Participant shall not be entitled to have additional shares of Vested Restricted Stock be made freely transferable prior to the end of the TARP Period as described in Paragraph 5(a) with
respect to that same obligation. 
 12. No Right to Continued Employment. This Agreement does not confer upon
Participant any right with respect to continued employment by the Corporation, nor shall it interfere in any way with the right of the Corporation to terminate Participant’s employment at any time (subject to the terms of Participant’s
Employment Agreement, if applicable). 
 13. Change in Capital Structure. In accordance with the terms of the
Plan, the terms of this Award shall be adjusted as the Board of Directors determines is equitably required in the event the Corporation effects one or more stock dividends, stock split-ups, subdivisions or consolidations of shares or other similar
changes in capitalization. 
 14. Governing Law. This Agreement shall be governed by the laws of the Commonwealth
of Virginia. 
 15. Conflicts. In the event of any conflict between the provisions of the Plan and the provisions
of this Agreement, the provisions of the Plan shall govern. 
 16. Participant Bound by Plan. Participant hereby
acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 
 17. CPP
Limitations. 
  

	 	(a)	The Corporation has participated in the CPP, and the Corporation is required to comply with the requirements of Section 111(b) of the EESA, in accordance with the
CPP Requirements. 

  

	 	(b)	Notwithstanding any other provision of this Agreement to the contrary, the Participant acknowledges and understands that this Agreement shall be administered,
interpreted and construed and, if and where applicable, benefits provided hereunder, including where applicable Vesting and/or transferability, shall be limited, deferred, forfeited and/or subject to repayment to the Corporation in accordance with
the CPP Requirements and Section 111(b) of the EESA, as amended from time to time, to the extent legally applicable with respect to the Participant, as determined by the Board of Directors in its discretion, including without limitation the
clawback, the bonus prohibition and the golden parachute prohibitions thereof. 

	 	(c)	This Award is intended to provide a grant of TARP-compliant long-term restricted stock and shall be administered and interpreted in accordance with that intent and
purpose. 

  

	 	(d)	 Without any further action, this Agreement shall be automatically adjusted if necessary to reduce the number of shares of Restricted Stock to the
maximum number permitted for this Award, together with other awards granted to the Participant in calendar year <<year of Award Date>> that are taken into account in determining compliance with the TARP-compliant long-term restricted
stock exception to the bonus prohibition in the CPP Requirements (i.e., if the aggregate of such awards has a value in excess of the 1/3rd of annual compensation limit for TARP-compliant long-term restricted stock), to constitute TARP-compliant long-term
restricted stock; and in such event the number of shares of Restricted Stock which are reduced shall be immediately forfeited and excluded from the definition of Restricted Stock, ab initio, for all purposes of this Agreement. If the
Participant receives or has received in calendar year <<year of Award Date>> other awards of restricted stock and/or restricted stock units also intending to constitute TARP-compliant long-term restricted stock, the reduction in the
number of shares of Restricted Stock required by this Paragraph shall be applied as follows: (i) any later grant of restricted stock or restricted stock units to the Participant in calendar year <<year of Award Date>> shall be
reduced before any earlier award granted to the Participant in calendar year <<year of Award Date>>; and (ii) if multiple awards of restricted stock and/or restricted stock units that must be taken into account in determining
compliance with the TARP-compliant long-term restricted stock exception are granted to the Participant on the same day, (A) where such awards are “time-based” (i.e., those vesting solely on the basis of time) awards and
“performance-based” awards (i.e., those vesting, in whole or in part, on the basis of performance metrics), the number of shares of Restricted Stock shall be reduced pro rata in each award, and (B) all other awards shall be reduced on
a pro rata basis. 

  

	 	(e)	The Board of Directors shall have the right unilaterally to amend this Agreement to effect or document any changes or additions which in its view are necessary or
appropriate to comply with the CPP Requirements and Section 111 of the EESA, as amended from time to time, including any changes or additions which in its view are necessary or appropriate to ensure that this Award constitutes TARP-compliant
long-term restricted stock for purposes of the CPP Requirements. 

 18. Binding Effect. Subject to
the limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit of the legatees, distributees, and personal representative of the Participant and the successors of the Corporation. 

 IN WITNESS WHEREOF, the Corporation has caused this Agreement to be signed on its behalf,
and the Participant has affixed his signature hereto. 
  

			
	EASTERN VIRGINIA BANKSHARES, INC.
		
	By	 	  

	
	  

	(Printed Name and Title)
	
	<<name>>
	
	  

	
	  

	(Printed Name)
	
	  

	Date

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