Document:

Exhibit 10.2

 

EMPLOYMENT AND

NON-COMPETITION AGREEMENT

 

This Employment and Non-Competition Agreement
(this “Agreement”) is made as of the Contract Effective Date (as defined below), between First Financial Bank
and First Financial Bancorp., Ohio corporations (together, referred to herein as the “Company”), and Claude
E. Davis (“Employee”). The Company and Employee may each be referred to herein as a “Party”
and, together, the “Parties”.

 

WHEREAS, the Company has entered
into an Agreement and Plan of Merger by and among the Company and MainSource Financial Group, Inc. (“MainSource”)
pursuant to which MainSource will merge with and into the Company (the “Merger”); and

 

WHEREAS, in connection with the Merger,
the Parties desire to terminate Employee’s prior employment agreement and enter into a new employment agreement as provided
herein.

 

NOW, THEREFORE, the Parties hereby agree as
follows:

 

1.     
     Employment and Termination of Prior Employment Agreement. As set forth herein, following
the Effective Time of the Merger as defined in the Agreement and Plan of Merger by and among the Company and MainSource and
the consummation of the Merger (the “Consummation of the Merger”), the Company hereby agrees to continue
to employ Employee, and Employee hereby agrees to continue his employment with the Company, upon the terms and subject to the
conditions described in this Agreement. Employee and the Company by their signatures below expressly agree that the
Employment and Non-Competition Agreement dated December 30, 2011 between Employee and First Financial Bancorp (the
“Prior Employment Agreement”) shall be terminated and of no further force or effect upon and after the
Consummation of the Merger and the effectiveness of this Agreement, it being the intent of the parties that this Employment
and Non-Competition Agreement replace the Prior Employment Agreement. Employee hereby waives any and all rights in and to the
benefits and rights set forth in the Prior Employment Agreement. The Company also hereby waives any and all rights sets forth
in the Prior Employment Agreement.

 

2.    
      Term. The term of Employee's employment with the Company pursuant to this Agreement
shall begin on the first full calendar day following the Consummation of the Merger (the "Contract Effective
Date") and shall continue for a period of three (3) years from the Contract Effective Date (the "Term"),
unless sooner terminated as provided for herein. Provided that Employee remains employed through the date that falls three
(3) years after the Contract Effective Date (the “Contract Expiration Date”), Employee agrees that he
shall voluntarily resign from his employment and from all positions with the Company effective as of the Contract Expiration
Date, except that Employee shall not be required to resign from his then-current membership on the Board of Directors for the
Company (the “Board”), under such circumstances it being the intent of the Parties that Employee remain on
the Board following the Contract Expiration Date.

 

3.     
     Services. During the Term, Employee shall be employed as the Executive Chairman of the
Board of Directors for the Company (the “Board”), reporting to the Board, and shall perform such services
and be responsible for such activities consistent with Employee’s then-current position with the Company as may be
assigned to him from time to time by the Board, subject to the business policies and operating programs, budgets, procedures,
and directions established from time to time by the Company (the "Services"). Employee shall devote his best
efforts and full business and professional time, attention, energy, loyalty, and skill to rendering the Services, seeing to
the business affairs of the Company, and advancing the Company's interests.

 

     

     

    

 

4.    
      Compensation. 

 

a)     
    Salary, Short-Term Incentive, Benefits. During the Term of this Agreement, as compensation for
his Services, the Company shall provide Employee the following:

 

(1) Base Compensation. The Company shall pay
Employee a base salary at the annual rate of $776,900 (the "Base Salary"), payable in accordance with the Company's
general policies and procedures for payment of salaries to its executive officers as in effect from time to time. Employee's performance
shall be reviewed not less often than annually by the Board or the Compensation Committee of the Board (the "Compensation
Committee") for the purpose of evaluating potential increases in the Base Salary, but the Company shall not be obligated
to make any such increases.

 

(2) Short-Term Incentive. With respect to each
fiscal year of the Company ending during the Term (including the fiscal year that includes the Contract Effective Date), Employee
shall be eligible to participate in the Company's Annual Short-Term Incentive Plan or such other short-term incentive compensation
plan established by the Board or a Board committee as in effect from time to time (the "Incentive Plan"). For
purposes of the Incentive Plan, Employee's target annual incentive opportunity shall be equal to sixty percent (60%) of the Employee's
annual Base Salary as in effect at the start of the fiscal year of the Company to which the short-term incentive award relates
(the "Target Incentive Amount"), with the actual amount and terms and conditions of any such short-term incentive
award to be determined by the Compensation Committee consistent with and subject to the terms of the Incentive Plan; provided,
however, that, other than with respect to the Target Incentive Amount, the terms of the Incentive Plan applicable to Employee
shall be comparable in all material respects to the terms applicable to the Company's executive officers generally. The incentive,
if any, for each fiscal year shall be paid to Employee by no later than the fifteenth (15th) day of the third (3rd) month following
the end of such fiscal year, unless the Company or Employee, as applicable, shall elect to defer the receipt of such incentive
pursuant to an arrangement that meets the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the "Code").

 

(3) Employee Benefits. During the Term, Employee
shall be eligible to participate in the Company’s retirement plans, including any pension plan, 401(k) discretionary contribution
plan, supplemental savings plans, or supplemental retirement plans, as in effect from time to time, and welfare benefits and other
group employee benefits, such as paid-time-off (or similar benefit), group disability and health, life, and accident insurance
and similar indirect compensation programs, which may from time to time be offered generally to the Company's executive officers,
subject in each case to the terms and conditions of the applicable retirement plan, welfare plan, or other benefit program and
also subject to the Company’s right to terminate, amend or modify such plans or programs in its sole discretion in accordance
with their terms.

 

b)       
  Long-Term Incentive Award Opportunity. The Company shall provide Employee the following with respect to
long-term incentive:

 

(1) Award Opportunity During the First Two Years
of the Term. With respect to each fiscal year of the Company during the first two (2) years of the Term, Employee shall be
eligible to be awarded a long-term incentive award ("LTI Award"), with a target award opportunity having a value
(based on the grant date value of any such LTI Award, as determined in accordance with the Company's standard valuation methodology
and procedures for equity and equity-based awards as applied consistently with respect to other executive officers of the Company)
equal to one hundred and ten percent (110%) of the Base Salary. The actual amount and terms and conditions of any such LTI Award,
including the time of payment of any LTI Award, shall be determined in accordance with the terms of the applicable long-term incentive
plan of the Company as in effect at the time of grant (and as subsequently amended, if applicable).

 

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(2) Award Opportunity During the Third Year of the
Term. With respect to each fiscal year of the Company during the third year of the Term, Employee may receive an LTI Award
at the sole and absolute discretion of the Board, with the actual amount and terms and conditions of any award to be determined
by the Board or its designee.

 

c)      
   Vesting of Restricted Stock upon Completion of the Term. If Employee remains employed through the
Contract Expiration Date and resigns from his employment as of the Contract Expiration Date as required in § 2 above,
all outstanding time-based restricted stock awards (but not performance stock awards) granted to Employee that have not yet
vested as of the Contract Expiration Date shall immediately vest upon such Contract Expiration Date notwithstanding any later
vesting date provided in the applicable award agreement.

 

If Employee’s employment terminates prior to
the Contract Expiration Date for any reason or if Employee does not resign as of the Contract Expiration Date as required in §
2 above, all restricted stock awards granted to Employee that have not yet vested as of the termination of Employee’s employment
shall be forfeited in accordance with the terms of the applicable award agreements.

 

The accelerated vesting provided in this § 4(c)
shall not apply to any performance stock awards granted to Employee, which shall remain subject to the terms of the applicable
award agreements.

 

d)  
       Retention Benefit. As set forth in § 7(a) below, should Employee remain
employed through the Contract Expiration Date, Employee will be entitled to benefits following the termination of his
employment subject to the terms and conditions set forth herein.

 

5.    
      Confidentiality; Non-competition; Client Covenants; Non-solicitation;
Non-disparagement.

 

a)     
    Confidentiality. During the Term and at any time thereafter, Employee shall not, without the
prior written consent of the General Counsel of the Company (or such person’s designee) or as may be otherwise required
by law or legal process, communicate or divulge any Confidential Information (as defined below) to any person or entity other
than the Company or an Affiliated Company (as defined below), their employees, and those designated by the Company or an
Affiliated Company, or use any Confidential Information except for the benefit of the Company or an Affiliated Company. Upon
service to Employee of any subpoena, court order or other legal process requiring Employee to disclose Confidential
Information, Employee shall immediately provide written notice to the Company of such service and the content of any
Confidential Information to be disclosed. In addition, immediately upon the termination of Employee’s employment with
the Company or an Affiliated Company for any reason, whether voluntary or involuntary, or at any time upon request by the
Company or any Affiliated Company, Employee shall return to the Company or the applicable Affiliated Company all
Confidential Information in Employee’s possession, including but not limited to any and all copies, reproductions,
notes, or extracts of Confidential Information in paper or electronic form.

 

b)    
     Non-competition. During the Term and during the first eighteen months of the Restricted
Period (as defined below), Employee shall not, directly or indirectly, whether individually or as a shareholder or other
owner, partner, member, director, officer, employee, independent contractor, creditor or agent of any person (other than for
the Company), work for, provide services to or for, enter into, engage in, or promote or assist (financially or otherwise),
directly or indirectly, any bank holding company, bank, other financial services institution, or any other person or entity
which provides Restricted Services (as defined below) in the Restricted Territory (as defined below) or provided Restricted
Services in the Restricted Territory within the two calendar years immediately preceding either the termination of
Employee’s employment or the Restricted Period. Notwithstanding any of the foregoing, ownership, for personal
investment purposes only, of 1% or less of the outstanding capital stock of a publicly traded corporation shall
not constitute a violation hereof.

 

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c)      
   Client Covenants. During the Term and during the Restricted Period, Employee shall not, directly or
indirectly, whether individually or as a shareholder or other owner, partner, member, director, officer, employee,
independent contractor, creditor or agent of any person (other than for the Company or any Affiliated Company):

 

(2)         Solicit
or attempt in any manner to persuade any Customer (as defined below) of the Company to cease to do business, to refrain from doing
business or to reduce the amount of business which any Customer has customarily done or contemplates doing with the Company; or

 

(3)         Interfere
with or damage (or attempt to interfere with or damage) any relationship between the Company or an Affiliated Company on the one
hand and any Customer of the Company or any of the Affiliated Companies, on the other hand.

 

d)   
      Non-Solicitation of Employees; No Hire. During the Term and during the Restricted
Period, Employee shall not, directly or indirectly, whether individually or as a shareholder or other owner, partner, member,
director, officer, employee, independent contractor, creditor or agent of any person (other than for the Company or any
Affiliated Company):

 

(1)         Solicit
any employee, officer, director, agent or independent contractor of the Company or any Affiliated Company to terminate his or her
relationship with, or otherwise refrain from rendering services to, the Company or any Affiliated Company, or otherwise interfere
or attempt to interfere in any way with the Company’s or any Affiliated Company's relationship with any of its employees,
officers, directors, agents or independent contractors; or

 

(2)         Hire,
attempt to hire, employ or engage any person who, at any time within the two (2) year period immediately preceding such hire, or
attempt to hire, employment or engagement, was an employee, officer or director of any Company or Affiliated Company.

 

e)    
     Non-disparagement. Employee shall not, directly or indirectly, at any time (whether
during the Term or thereafter), make any public statement (oral or written), or take any other action, that defames or
maliciously disparages the Company or any Affiliated Company. Nothing in this Agreement shall preclude Employee from making
truthful statements to correct any false statements made by any Affiliated Company or any person acting on behalf thereof
about Employee or to prohibit Employee from reporting possible violations of federal law or regulations, including any
possible securities laws violations, to any governmental agency or entity, including but not limited to the U.S. Department
of Justice or the U.S. Securities and Exchange Commission, or from participating in any investigation by such governmental
agency or entity.

 

f)      
   Defined Terms. For purposes of this Agreement, the following terms shall have the meaning set forth
below:

 

(1)         "Affiliated
Companies" shall mean the Company, any of its subsidiaries, and any other entities controlled by, controlling, or under
common control with the Company, including any successors thereof, except that, following the consummation of a Change in Control,
for purposes of §§ 5(b) and 5(c), Affiliated Companies shall be limited to the Company and its subsidiaries as of immediately
prior to the consummation of such Change in Control.

 

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(2)         “Change
in Control” has the meaning given such term in the Company’s 2012 Employee Stock Plan as amended and restated,
or any stock plan intended to succeed the 2012 Stock Plan, as in effect on the Contract Effective Date.

 

(3)         "Confidential
Information" shall mean all trade secrets, proprietary data, and other confidential information of or relating to the
Company or any Affiliated Company, including without limitation financial information, information relating to business operations,
services, promotional practices, and relationships with Customers, suppliers, employees, independent contractors, or other parties,
and any information which the Company or any Affiliated Company is obligated to treat as confidential pursuant to any course of
dealing or any agreement to which it is a party or otherwise bound, provided that Confidential Information shall not include
information that is or becomes available to the general public and did not become so available through any breach of this Agreement
by Employee or Employee's breach of a duty owed to the Company.

 

(4)         “Customer”
shall mean the customers or clients of the Company or any Affiliated Company and shall include any and all individuals, organizations,
or business entities that: (a) were actual customers or clients of the Company or any Affiliated Company during the Term, or which
were prospective customers of the Company or any Affiliated Company during the Term; and (b) with which or whom Employee had contact
or about whom Employee obtained Confidential Information during the Term from the Company or any Affiliated Company. For purposes
of this definition, an individual, organization, or business entity is a “prospective” client or customer of the Company
or any Affiliated Company if the Employee or any other the Company or any Affiliated Company employee, officer or manager took
steps to obtain or secure the business of the individual, organization, or business entity.

 

(5)         "Restricted
Period" shall mean the two (2) year period following Employee's termination of employment with the Company or any Affiliated
Company (whether such employment was pursuant to this Agreement or outside of this Agreement,) for any reason, whether by voluntary
resignation or involuntary termination or whether with or without cause.

 

(6)         “Restricted
Services” shall mean any commercial banking, savings banking, mortgage lending, or any similar lending or banking services.

 

(7)         “Restricted
Territory” shall mean any state in the United States in which First Financial Bank has an office.

 

(8)         "Solicit"
shall mean (i) any direct or indirect communication of any kind whatsoever, regardless of by whom initiated, inviting, advising,
persuading, encouraging or requesting any person or entity, in any manner, to take or refrain from taking any action; and (ii)
any attempt to obtain business from, divert the business of, receive or process any purchase, sales, or work order, accept any
business from, or perform any services for any Customer of the Company; provided, however, that the term "Solicit"
shall not include general advertisements by an entity with which Employee is associated or other communications in any media not
targeted specifically at any specific individual or entity described in § 5(c) or 5(d).

 

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g)     
    Enforcement; Remedies; Blue Pencil. Employee acknowledges that: (1) the various covenants,
restrictions, and obligations set forth in this § 5 are separate and independent obligations, and may be enforced
separately or in any combination; (2) the provisions of this § 5 are fundamental and essential for the protection of the
Company's and the Affiliated Companies' legitimate business and proprietary interests, and the Affiliated Companies (other
than the Company) are intended third-party beneficiaries of such provisions; (3) such provisions are reasonable and
appropriate in all respects and impose no undue hardship on Employee; (4) the Parties have participated jointly in the
negotiation and drafting of this § 5 and the provisions of § 5 of this Agreement shall be construed as if drafted
jointly by the Parties, and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the
authorship of any of the provisions of this § 5; and (5) in the event of any violation by Employee of any such
provisions, the Company and, if applicable, the Affiliated Companies, will suffer irreparable harm and their remedies at law
may be inadequate. The existence of any claim or cause of action by Employee against the Company or any Affiliated
Company, whether based on this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company or
any Affiliated Company of Employee’s obligations contained in § 5, but shall instead be litigated or arbitrated
separately.

 

In the event of any violation or attempted violation
of any provision of this § 5 by Employee, the Company and the Affiliated Companies, or any of them, as the case may be, shall
be entitled to a temporary restraining order, temporary and permanent injunctions, specific performance, and other equitable relief,
without any showing of irreparable harm or damage or the posting of any bond, in addition to any other rights or remedies that
may then be available to them, including, without limitation, money damages. Notwithstanding any other provision of this Agreement
to the contrary, the obligation of the Company to pay or provide the benefits under § 7 of this Agreement that are otherwise
payable or to be provided following termination of Employee's employment with the Company shall automatically and immediately terminate
upon a breach by Employee of this Agreement, including without limitation a breach of Employee's obligations under § 5, other
than an immaterial and inadvertent breach of any provision other than those set forth in § 5 that is discontinued and/or remedied
(to the extent subject to cure) by Employee promptly. Should Employee breach the terms of this § 5, such violation will extend
the Restricted Period applicable to §§ 5 (b), (c), and (d) by a length of time equal to the time that Employee is in
breach. If any of the covenants set forth in this § 5 is finally held to be invalid, illegal or unenforceable (whether in
whole or in part), such covenant shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality
or unenforceability, and the remaining such covenants shall not be affected thereby.

 

h)     
    Notice to Future Employers. If Employee is offered employment or the opportunity to enter into
any other business relationship with any other person, firm, or organization, Employee agrees to provide a copy of § 5
of this Agreement to the prospective employer or other person, firm or organization before accepting such an offer.

 

6.      
    Termination. 

 

a)      
   Employee's employment with the Company and the Term of this Agreement:

 

(1)         shall
terminate automatically upon the death of Employee;

 

(2)         may
be terminated by Employee other than for Good Reason (as defined below) upon not less than ninety (90) days' prior written notice
given to the Company;

 

(3)         may
be terminated by the Company without Cause (as defined below) upon written notice to Employee at any time, which termination shall
be effective immediately or as of such later date as specified in such notice (not to exceed thirty (30) days without Employee's
consent);

 

(4)         may
be terminated by Employee at any time for Good Reason;

 

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(5)         may
be terminated by the Company immediately upon notice to Employee at any time for Cause; or

 

(6)         may
be terminated by the Company immediately upon notice to Employee at any time if Employee is then under a Long-Term Disability (as
defined below).

 

b)    
     For purposes of this Agreement:

 

(1)         "Cause"
shall mean any one or more of the following:

 

a.           (i)
an indictment of Employee, or plea of guilty or plea of nolo contendere by Employee, to a charge of an act constituting
a felony under the federal laws of the United States, the laws of any state, or any other applicable law, (ii) fraud, embezzlement,
or misappropriation of assets, (iii) willful misfeasance or dishonesty, (iv) receipt by the Company of a written requirement or
directive to terminate the employment of Employee from a federal or state regulatory agency having jurisdiction over the Company;
or (v) other actions or criminal conduct which materially and adversely affects the business (including business reputation) or
financial condition of the Company;

 

b.           the
continued failure of Employee to: (i) perform substantially Employee's duties with the Company (other than any such failures resulting
from incapacity due to physical or mental illness); (ii) observe all material obligations and conditions to be performed and observed
by Employee under this Agreement, or (iii) perform his duties in accordance, in all material respects, with the policies and directions
established from time to time by the Board (any such failure, a "Performance Failure"), and to correct such Performance
Failure within not more than fifteen (15) days following written notice from the Board delivered to Employee, which notice specifically
identifies the manner in which the Board believes that Employee has not substantially performed; or

 

c.           having
corrected (or the Company having waived the correction of) a Performance Failure, the occurrence of any subsequent Performance
Failure (whether of the same or different type or nature).

 

For purposes of whether or not conduct constituting
Cause has occurred, any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or
upon the advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by Employee in good
faith and in the best interests of the Company. The cessation of employment of Employee shall not be deemed to be for Cause unless
and until there shall have been delivered to Employee a copy of a resolution duly adopted by the affirmative vote of not less than
a majority of the entire membership of the Board at a meeting of the Board called and held for such purpose (after reasonable notice
is provided to Employee and Employee is given an opportunity, together with counsel, to be heard before the Board), finding that,
in the opinion of the Board, Employee is guilty of the conduct described in clause (a) (other than clause (i)), (b) or (c) above.

 

(2)         "Long-Term
Disability" shall mean that, because of physical or mental incapacity, it is more likely than not that Employee will be
unable, within 180 days after such incapacity commenced, to perform the essential functions of his position with the Company, with
or without reasonable accommodation. In the event of any disagreement about whether or when Employee is under a Long-Term Disability,
the question shall be determined:

 

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a.           by
a physician selected by agreement between the Parties if such a physician is selected within ten (10) days after either Party requests
the other to so agree; or, if not,

 

b.           by
two physicians, the first of whom shall be selected by Employee and the second of whom shall be selected by the Company or, if
Employee fails to make a selection within ten (10) days after being requested to do so by the Company, the second physician shall
be selected by the first physician; and

 

c.           if
the two physicians fail to agree, a third physician selected by the first two physicians. Employee shall submit to all reasonable
examinations requested by any such physicians.

 

(3)         "Good
Reason" shall mean termination by the Employee within ninety (90) days of the initial existence of one of the conditions
described below which occurs without the Employee’s consent: (i) a material diminution in the Employee’s Base Salary;
(ii) material diminution in the Employee’s authority, duties, or responsibilities described in §3 of this Agreement;
or (iii) any other action or inaction that constitutes a material breach of the Agreement by the Company. In order to terminate
for Good Reason, the Employee must provide notice to the Company of the existence of the applicable condition described above within
thirty (30) days of the initial existence of the condition, upon the notice of which the Company must be provided a period of sixty
(60) days during which it may remedy the condition and not be required to pay the amount

 

7.    
      Benefits Upon Termination. 

 

a)      
   Employment Through Entire Term or Termination Without Cause or for Good Reason During the Term. In
addition to the compensation set forth in § 7(c) below, Employee will receive the additional compensation set forth in
§§ 7(a)(1)-4 below, if the following requirements are met: (i) Employee: (x) remains employed through the Contract
Expiration Date and successfully completes, as determined by the Board of Directors of the Company in its discretion, the
executive transition and integration of MainSource and the Company, each as contemplated by the Merger, (y) is terminated by
the Company without Cause pursuant to § 6(a)(3) prior to the Contract Expiration Date, or (z) terminates his employment
for Good Reason pursuant to § 6(a)(4) prior to the Contract Expiration Date; (ii) Employee strictly abides by the
restrictive covenants set forth in § 5; and (iii) Employee executes (and does not revoke) a separation agreement and
release in a form satisfactory to the Company on or after his employment termination date, but no later than the date
required by the Company in accordance with applicable law:

 

(1)         "Termination
Compensation" equal to two (2) years of Employee's then-current Base Salary (not taking into account any reduction in
Base Salary that serves as the basis for a termination for Good Reason), payable in equal bi-weekly installments over a 24-month
period, commencing with the first payroll period following the sixtieth (60th) day after Employee's date of termination of employment;

 

(2)         "Termination
Short-Term Incentive" equal to the lesser of (x) two and one-half (2 1⁄2) times the Target Incentive Amount or (y)
two (2) times the three (3) year average of the actual annual incentive awards paid (or payable) to the Employee by the Company
for the three (3) completed calendar years that immediately precede the Employee's termination of employment, payable in equal
bi-weekly installments over a 24-month period, commencing with the first payroll period following the sixtieth (60th) day after
Employee's date of termination of employment;

 

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(3)         During
the one (1) year period following the date of termination, Employee shall be entitled to full executive outplacement assistance
with an agency selected by the Company with the fee paid by the Company in an amount not to exceed five percent (5%) of then-current
Employee's Base Salary (“Outplacement Assistance”); and

 

(4)         If
the Employee timely and properly elects continuation of coverage under the Company's health care plan pursuant to Section 4980B
of the Code ("COBRA Coverage"), the Company shall pay on the Employee's behalf the difference between the monthly
COBRA Coverage premium paid by the Employee for himself and his dependents and the monthly premium amount paid by similarly situated
active executives. Such reimbursement shall be paid directly to the COBRA Coverage administrator (if any) and shall be treated
as a taxable benefit to the Employee. The Employee shall be eligible to receive such reimbursement until the earliest of: (i) the
twelve (12) month anniversary of the Employee's termination of employment; (ii) the date the Employee is no longer eligible to
receive COBRA Coverage; and (iii) the date on which the Employee otherwise becomes eligible to receive substantially similar coverage
from another employer. The Company reserves the right to modify or terminate the COBRA Coverage benefit provided hereunder to the
extent necessary to comply with applicable law.

 

b)     
    Termination Due to Employee’s Death or Long-Term Disability, Termination by the Company for
Cause or Termination by Employee Other than for Good Reason. If, during the Term, Employee’s employment is
terminated: (1) by reason of his death or Long-Term Disability, (2) by the Company for Cause; or (3) voluntarily by Employee
for any reason other than for Good Reason, the Company’s obligations to Employee shall be limited to the payment of the
Accrued Obligations, as defined below, and the timely payment or provision of the Other Benefits, as defined below. The
Accrued Obligations shall be paid to Employee or his estate or beneficiary in the event of his death, as applicable, in a
lump sum in cash within thirty (30) days of the date of termination.

 

c)    
     Accrued Obligations and Other Benefits. Upon the termination of Employee’s
employment for any of the reasons specified in § 6(a), the Company shall pay: (1) Employee’s accrued and unpaid
Base Salary through the date of termination, to the extent not theretofore paid (the “Accrued
Obligations”), and (2) any other benefits (other than benefits under any severance or termination pay plan of the
Company or the Affiliated Companies) that are otherwise required to be provided to Employee or to which Employee is otherwise
eligible to receive through the date of termination under the terms of the Company’s retirement plans, including any
pension plan, 401(k) discretionary contribution plan, supplemental savings plans, or supplemental retirement plans, as in
effect from time to time, and welfare benefits and other group employee benefits, such as paid-time-off (or similar benefit),
group disability and health, life, and accident insurance and similar indirect compensation programs, with respect to each
consistent with the terms of the applicable Company plan (the “Other Benefits”). Such payment of the
Other Benefits shall not be subject to the Employee’s execution of any release unless otherwise called for in the
applicable governing Company plan. Except as expressly provided in this § 7(c), Employee shall have no right to receive
any compensation or other benefits under this Agreement as a result of or in connection with the termination of his
employment with the Company due to death pursuant to §6(a)(1), due to the termination by Employee other than for Good
Reason pursuant to § 6(a)(2), due to the termination by the Company for Cause pursuant to § 6(a)(5), or due to the
termination of Employee’s employment due to Long-Term Disability pursuant to § 6(a)(6), or for any period after
any such termination.

 

d)      
   Full Settlement. Except as expressly provided in this § 7 or as provided in the Surviving
Agreements (as defined below) pursuant to the respective terms of each agreement, Employee shall have no right to receive any
compensation or other benefits under this Agreement as a result of or in connection with the termination of his employment by
the Company or for any period after any such termination. Moreover, the Parties expressly agree that if the Company has other
severance programs or plans in place during the Term, Employee shall not be eligible for benefits under any such programs or
plans.

 

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8.      
    Section 409A of the Code. 

 

a)         Although
the Company does not guarantee the tax treatment of any payments under the Agreement, the intent of the Parties is that the payments
and benefits under this Agreement be exempt from, or comply with, Section 409A of the Code and all Treasury Regulations and guidance
promulgated thereunder (“Code Section 409A”) and to the maximum extent permitted the Agreement shall be limited, construed
and interpreted in accordance with such intent. In no event whatsoever shall the Company or its affiliates or their respective
officers, directors, employees or agents be liable for any additional tax, interest or penalties that may be imposed on Employee
by Code Section 409A or damages for failing to comply with Code Section 409A.

 

b)         Notwithstanding
any other provision of this Agreement to the contrary, to the extent that any reimbursement of expenses constitutes “deferred
compensation” under Code Section 409A, such reimbursement shall be provided no later than December 31 of the year following
the year in which the expense was incurred. The amount of expenses reimbursed in one year shall not affect the amount eligible
for reimbursement in any subsequent year. The amount of any in-kind benefits provided in one year shall not affect the amount of
in-kind benefits provided in any other year.

 

c)         For
purposes of Code Section 409A (including, without limitation, for purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii)),
the right to receive payments in the form of installment payments shall be treated as a right to receive a series of separate payments
and, accordingly, each installment payment shall at all times be considered a separate and distinct payment. Whenever a payment
under this Agreement may be paid within a specified period, the actual date of payment within the specified period shall be within
the sole discretion of the Company.

 

d)         Notwithstanding
any other provision of this Agreement to the contrary, if at the time of Employee’s separation from service (as defined in
Code Section 409A), Employee is a “Specified Employee”, then the Company will defer the payment or commencement of
any nonqualified deferred compensation subject to Code Section 409A payable upon separation from service (without any reduction
in such payments or benefits ultimately paid or provided to Employee) until the date that is six (6) months following separation
from service or, if earlier, the earliest other date as is permitted under Code Section 409A (and any amounts that otherwise would
have been paid during this deferral period will be paid in a lump sum on the day after the expiration of the six (6) month period
or such shorter period, if applicable). Employee will be a “Specified Employee” for purposes of this Agreement if,
on the date of Employee’s separation from service, Employee is an individual who is, under the method of determination adopted
by the Company designated as, or within the category of employees deemed to be, a “Specified Employee” within the meaning
and in accordance with Treasury Regulation Section 1.409A-1(i). The Company shall determine in its sole discretion all matters
relating to who is a “Specified Employee” and the application of and effects of the change in such determination.

 

e)         Notwithstanding
anything in this Agreement or elsewhere to the contrary, a termination of employment shall not be deemed to have occurred for purposes
of any provision of this Agreement providing for the payment of any amounts or benefits that constitute “non-qualified deferred
compensation” within the meaning of Code Section 409A upon or following a termination of the Employee’s employment
unless such termination is also a “separation from service” within the meaning of Code Section 409A and, for purposes
of any such provision of this Agreement, references to a “termination,” “termination of employment” or
like terms shall mean “separation from service” and the date of such separation from service shall be the date of termination
for purposes of any such payment or benefits.

 

    10 

     

    

 

9.    
      Limitation on Payments Under Certain Circumstances. 

 

a)    
     In the event that any payments and other benefits provided for in this Agreement or otherwise
payable to Employee (i) constitute “parachute payments” within the meaning of Section 280G of the Code, and (ii)
but for this § 9, would be subject to the excise tax imposed by Section 4999 of the Code, then any post-termination
severance benefits payable under this Agreement or otherwise will be either:

 

(1)         delivered
in full, or

  

(2)         delivered
as to such lesser extent which would result in no portion of such benefits being subject to excise tax under Section 4999 of the
Code,

  

(3)         whichever
of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by
Section 4999, results in the receipt by Employee on an after-tax basis, of the greatest amount of benefits, notwithstanding that
all or some portion of such benefits may be taxable under Section 4999 of the Code.

 

b)   
      If a reduction in severance and other benefits constituting “parachute
payments” is necessary so that benefits are delivered to a lesser extent, reduction will occur in the following order:
(i) reduction of benefits under §7(a)(3); (ii) reduction of benefits under §7(a)(4); (iii) reduction of benefits
under benefits under §7(a)(2); (iv) reduction of benefits under benefits under §7(a)(1); (v) cancellation of
accelerated vesting of equity awards (by cutting back performance-based awards first and then time-based awards, based on
reverse order of vesting dates (rather than grant dates)).

 

c)    
     Unless the Company and Employee otherwise agree in writing, any determination required under
this § 9 will be made in writing by the Company’s independent public accountants or by such other person or entity
to which the parties mutually agree (the “Firm”), whose determination will be conclusive and binding upon
Employee and the Company. For purposes of making the calculations required by this § 9, the Firm may make reasonable
assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning
the application of Sections 280G and 4999 of the Code. The Company and you will furnish to the Firm such information and
documents as the Firm may reasonably request in order to make a determination under this Section. The Company will bear all
costs the Firm may incur in connection with any calculations contemplated by this § 9.

 

10.         Company
Policies. Employee acknowledges that at all times he and the compensation he receives (or is eligible to receive) from the
Company pursuant to this Agreement or otherwise shall be subject to the policies of the Company, including the Company's stock
ownership guidelines and clawback or recoupment policies, as in effect from time to time.

 

11.        Capacity.
Employee represents and warrants to the Company that he has the capacity and right to enter into this Agreement and perform all
of his obligations under this Agreement without any restriction. Employee acknowledges and agrees that Employee is executing this
Agreement voluntarily and without any duress or undue influence by the Company or any other person or entity. Employee also acknowledges
and agrees that he has a full understanding of the terms, benefits, consequences, obligations and binding effect of this Agreement,
including that Employee is WAIVING HIS RIGHT TO A JURY TRIAL. Employee has also had the opportunity to consult with counsel about
the terms of this Agreement or freely has chosen not to do so.

 

    11 

     

    

 

12.         Arbitration.

 

a)     
    Arbitration. Subject to the right of the Company and the Affiliated Companies to exercise the
remedies described in § 5 of this Agreement or the right of Employee to challenge, defend or contest same in any court
having jurisdiction, the Parties agree that any and all controversies, claims, or disputes between Employee and: (i) the
Company or (ii) any employee, officer, director, shareholder or benefit plan of the Company in their capacity as such or
otherwise arising out of, relating to, or resulting from Employee's employment with the Company or termination thereof,
including any breach of this Agreement, will be subject to binding arbitration under the then applicable Commercial
Arbitration Rules of the American Arbitration Association. Claims subject to arbitration include but are not limited to
claims under Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act of 1990, the Age Discrimination
in Employment Act of 1967, the Older Workers Benefit Protection Act, the Sarbanes Oxley Act, the Worker Adjustment and
Retraining Notification Act, the Family and Medical Leave Act, the Ohio Civil Rights Act, the Ohio Whistleblower
Protection Law, the Ohio Equal Pay Law, and the Ohio State Wage Payment and Work Hour Laws, claims for breach of contract
(express or implied), claims for violation of public policy or wrongful termination, and any other statutory or common law
claim.

 

b)     
   Agreed Limitation of Action. In exchange for the benefits provided herein, Employee agrees not to
commence any action or suit related to Employee’s employment, whether during the Term of this Agreement or outside of
this Agreement, by the Company or the Affiliated Companies:

 

(1)         More
than six (6) months after the termination of Employee’s employment, if the action or suit is related to the termination of
Employee’s employment;

 

(2)         More
than six (6) months after the event or occurrence on which Employee’s claim is based, if the action or suit is based on an
event or occurrence other than the termination of Employee’s employment.

 

Employee
agrees to waive any statute of limitations that is contrary to this §12(b).

 

c)     
    Procedure. In any arbitration, the arbitrators shall consist of a panel of three arbitrators,
which shall act by majority vote and which shall consist of one arbitrator selected by each party subject to the arbitration
and a third arbitrator selected by the two arbitrators so selected, who shall be either a certified public accountant or an
attorney at law licensed to practice in the State of Ohio and who shall act as chairman of the arbitration panel; provided
that, if one party selects its arbitrator for the panel and the other party fails to so select its arbitrator within ten (10)
business days after being requested by the first party to do so, then the sole arbitrator shall be the arbitrator selected by
the first party. A decision in any such arbitration shall apply both to the particular question submitted and to all similar
questions arising thereafter and shall be binding and conclusive upon both parties and shall be enforceable in any court
having jurisdiction over the party to be charged. Each party shall bear the cost of its own attorney’s fees. However,
if any party prevails on a claim, which, according to applicable law, affords the prevailing party attorney’s fees, the
arbitrator may award reasonable attorney’s fees to the prevailing party. All rights and remedies of each party under
this Agreement are cumulative and in addition to all other rights and remedies that may be available to that party from time
to time, whether under any other agreement, at law or in equity. Any arbitration under this Agreement shall be conducted in
Cincinnati, Ohio.

 

d)     
    Remedy. Except as otherwise provided by law or this Agreement, arbitration shall be the sole,
exclusive, and final remedy for any dispute between Employee and the Company. Accordingly, except as otherwise provided by
law or this Agreement, Employee and the Company hereby waive the right to seek remedies for any such disputes in court,
including the right to a jury trial. Notwithstanding, the arbitrator will not have the authority to disregard or refuse to
enforce any lawful Company policy, and the arbitrator will not order or require the Company to adopt a policy not otherwise
required by law which the Company has not adopted.

 

    12 

     

    

 

e)   
      Administrative Relief. Employee is not prohibited from pursuing an administrative
claim with a local, state, or federal administrative body or government agency that is authorized to enforce or administer
laws related to employment, including, but not limited to, the Department of Fair Employment and Housing, the Equal
Employment Opportunity Commission, the National Labor Relations Board, or the Workers' Compensation Board. However, Employee
may not pursue court action regarding any such claim, except as permitted by law.

 

13.         Withholding.
The Company may withhold from any amounts payable under this Agreement such federal, state, local or foreign taxes as shall
be required to be withheld pursuant to any applicable law or regulation.

 

14.         Survival.
Upon the expiration of the Term or other termination of this Agreement, the respective rights and obligations of the Parties
shall survive such expiration or other termination to the extent necessary to carry out the intentions of the Parties under this
Agreement. The termination of Employee's employment by the Company (for any reason) shall not relieve either Party of its obligations
existing at, arising as a result of, or relating to acts or omissions occurring prior to, such termination. Without limiting the
generality of the preceding sentence, in no event shall the termination of such employment modify or affect any obligations of
Employee or rights of the Company or the Affiliated Companies under §§ 5, 12, 16, 17, 18, 19 or 22 of this Agreement,
all of which shall survive the termination of such employment.

 

15.         Notices.
All notices and other communications under this Agreement to either Party shall be in writing and shall be deemed given when (a)
delivered personally to that Party, (b) sent by facsimile (which is confirmed) to that Party, (c) mailed by certified mail (return
receipt requested) to that Party at the address for that Party set forth in this Agreement, or (d) delivered to Federal Express,
UPS, or any similar express delivery service for delivery the next business day to that Party at that address.

 

	If to the Company:	First Financial Bank
	 	255 East Fifth Street, Suite 2900
	 	Cincinnati, Ohio 45202 
	 	Attention: Chief Legal Officer
	 	 
	If to Employee:	At the most recent address on file at the Company.

 

Either Party may change its address for notices under this Agreement
by giving the other Party written notice of such change.

 

16.         Severability.
The intention of the Parties is to comply fully with all rules, laws, and public policies to the extent possible. If and to
the extent that any court of competent jurisdiction or arbitrator is unable to so construe any provision of this Agreement and
holds that provision to be invalid, such invalidity shall not affect the remaining provisions of this Agreement, which shall remain
in full force and effect. With respect to any provision in this Agreement finally determined by such a court or arbitration to
be invalid or unenforceable, such court or arbitrator shall have jurisdiction to reform this Agreement to the extent necessary
to make such provision valid and enforceable, and, as reformed, such provision shall be binding on the Parties.

 

17.         Non-Waiver.
No failure by either Party to insist upon strict compliance with any term of this Agreement, to exercise any option, to enforce
any right, or to seek any remedy upon any default of the other Party shall affect, or constitute a waiver of, the other Party's
right to insist upon such strict compliance, exercise that option, enforce that right, or seek that remedy with respect to that
default or any prior, contemporaneous, or subsequent default. No custom or practice of the Parties at variance with any provision
of this Agreement shall affect or constitute a waiver of either Party's right to demand strict compliance with all provisions of
this Agreement.

 

    13 

     

    

 

18.         Complete
Agreement. The terms of this Agreement do not replace or supersede the terms of the plans and/or agreements set forth in Exhibit
A to the Agreement, and the Parties agree that those agreements shall survive and remain in full force and effect pursuant to their
respective terms (the “Surviving Agreements”). Other than the Surviving Agreements, this Agreement constitutes
the entire agreement of the Parties hereto and supersedes in their entirety all prior or contemporaneous representations, understandings,
undertakings or agreements (whether oral or written and whether expressed or implied) of the Parties with respect to the subject
matter hereof, including, but not limited to, the Prior Employment Agreement. In signing this Agreement, no Party is relying on
any fact, written statement or representation, assumption, or verbal statement or representation not specifically set forth in
this Agreement. Employee acknowledges and agrees that this Agreement and the Surviving Agreements encompass all the rights of Employee,
if any, to payments and/or benefits based on the termination of Employee’s employment and Employee hereby agrees that he
has no such rights except as stated in and pursuant to the terms of this Agreement and the Surviving Agreements. No waiver, alteration,
or modification of any of the provisions of this Agreement will be binding unless in writing and signed by duly authorized representatives
of the parties hereto and which specifically mention this Agreement. To the extent determined necessary to comply with the Guidance
on Sound Incentive Compensation Policies issued by the Office of the Comptroller of the Currency, the Board of Governors of the
Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of Thrift Supervision on June 21, 2010, as it
may be implemented and interpreted from time to time, the Parties mutually agree to amend the provisions of this Agreement and
to cooperate in good faith with respect thereto.

 

19.         Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Ohio applicable to contracts
to be executed and performed entirely in such state.

 

20.         Captions.
The captions of the various sections of this Agreement are not part of the context of this Agreement, are only guides to assist
in locating those sections, and shall be ignored in construing this Agreement.

 

21.         Genders
and Numbers. Where permitted by the context, each pronoun used in this Agreement includes the same pronoun in other genders
and numbers, and each noun used in this Agreement includes the same noun in other numbers.

 

22.         Successors.
This Agreement shall be personal to Employee, and no rights or obligations of Employee under this Agreement may be assigned
or delegated by Employee to any person. Any assignment or attempted assignment by Employee in violation of the preceding sentence
shall be null and void. Subject to the foregoing, this Agreement shall be binding upon, inure to the benefit of, and be enforceable
by and against the heirs, personal representatives, successors, and assigns of each Party. The Company shall require any successor
(whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or
assets of the Company to assume and agree to perform this Agreement in the same manner and to the same extent that the Company
would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean
the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid that assumes and agrees to perform
this Agreement by operation of law, or otherwise.

 

23.         Counterparts.
This Agreement may be executed in multiple counterparts, each of which shall be deemed to be an original, but all of which
taken together shall constitute one and the same Agreement.

 

    14 

     

    

 

IN WITNESS THEREOF, Employee has hereunto
set his hand, and the Company has caused this Agreement to be executed in its name and on its behalf, all as of the 25th
day of July, 2017.

 

	EMPLOYEE	 	 	FIRST FINANCIAL BANK
	 	 	 	 
	/s/ Claude E. Davis	 	By:	/s/ Mary Sue Findley
	Claude E. Davis	 	 	Mary Sue Findley
	 	 	 	Chief Talent Officer
	 	 	 	 
	July 25, 2017	 	 	July 25, 2017
	Date	 	 	Date 
	 	 	 	 
	 	 	 	FIRST FINANCIAL BANCORP
	 	 	 	 
	 	 	By:	/s/ Mary Sue Findley
	 	 	 	Mary Sue Findley
	 	 	 	Chief Talent Officer
	 	 	 	 
	 	 	 	July 25, 2017
	 	 	 	Date 

 

    15 

     

    

 

EXHIBIT A

 

		·	First Financial Bancorp Executive Supplemental Retirement Plan

 

		·	March 1, 2007 Endorsement Method Split Dollar Agreement between First
Financial Bank, N.A. and Claude Davis

 

		·	First Financial Bancorp Deferred Compensation Plan, As amended and
restated effective as of January 1, 2009

 

		·	December 31, 2013 Executive Supplemental Savings Agreement between
First Financial Bancorp and Claude E.Davis

 

		·	March 10, 2015 Agreement for Restricted Stock Award between First
Financial Bancorp and Claude E. Davis, accepted by Claude E. Davis on March 20, 2015

 

		·	March 10, 2015 Agreement for Performance Stock Award between First
Financial Bancorp and Claude E. Davis, accepted by Claude E. Davis on March 20, 2015

 

		·	March 8, 2016 Agreement for Restricted Stock Award between First Financial
Bancorp and Claude E. Davis, accepted by Claude E. Davis on March 17, 2016

 

		·	March 8, 2016 Agreement for Performance Stock Award between First
Financial Bancorp and Claude E. Davis, accepted by Claude E. Davis on March 17, 2016

 

		·	February 17, 2017 Agreement for Stock Award between First Financial
Bancorp and Claude E. Davis

 

		·	March 7, 2017 Agreement for Restricted Stock Award between First Financial
Bancorp and Claude E. Davis, accepted by Claude E. Davis on March 27, 2017

 

		·	March 7, 2017 Agreement for Performance Stock Award between First
Financial Bancorp and Claude E. Davis, accepted by Claude E. Davis on March 27, 2017

 

    16EX-10.1

 Exhibit 10.1 

TRIPLE NET OFFICE LEASE AGREEMENT 

THIS TRIPLE NET OFFICE LEASE AGREEMENT (this “Lease”) is made and entered into on this 25th day of July , 2017, by and between PETRA REAL ESTATE PARTNERS II, LLC, a Tennessee limited liability company, (“Landlord”), and FRANKLIN SYNERGY BANK, a Tennessee
banking corporation (“Tenant”). 
 1. Leased Premises. 

a. Subject to and upon the terms hereinafter set forth, and in consideration of the sum of Ten Dollars ($10.00) and the mutual covenants set
forth herein, the receipt and sufficiency of which are hereby acknowledged, Landlord does hereby lease and demise to Tenant, and Tenant does hereby lease and take from Landlord, that certain improved real property municipally known as Suite 120,
4824 Main Street located in Spring Hill, Williamson County, Tennessee, consisting of 4,211 rentable square feet and more particularly described in Exhibit A attached hereto (the “Premises”). 

b. Tenant’s taking possession of the Premises or any portion thereof shall be conclusive evidence against Tenant that such portion of the
Premises was then in good order and satisfactory condition, subject to any “punch list” items identified in writing from Tenant to Landlord within thirty (30) days following completion of Landlord’s Work, and further subject to
any latent defects in Landlord’s Work of which Tenant notifies Landlord in writing within one (1) year from the completion of Landlord’s Work. Except to the extent expressly set forth in this Lease, Tenant acknowledges that no promise
by or on behalf of Landlord, any of Landlord’s beneficiaries, or any of their respective agents, partners or employees to alter, remodel, improve, repair, decorate or clean the Premises has been made to or relied upon by Tenant, and that no
representation respecting the condition of the Premises by or on behalf of Landlord, any of Landlord’s beneficiaries, or any of their respective agents, partners or employees has been made to or relied upon by Tenant. 

2. Term. Subject to and upon the terms and conditions set forth herein, or in any exhibit hereto, the term (together with any extensions or
renewals thereof, the “Term”) of this Lease shall commence on the Commencement Date (defined below) and shall expire one hundred eighty months (180) after the Commencement Date. “Commencement Date” shall be 30 days after
Landlord completes Landlord’s Work and delivers possession of the Premises to Tenant by Landlord giving Tenant written notice. For purposes of clarification, immaterial “punch list” items identified by Tenant pursuant to
Section 1(b) shall not affect the Commencement Date, unless they materially and adversely affect Tenant’s ability to (i) operate its business in the Premises or (ii) complete Tenant’s build out of the Premises. The
Commencement Date shall be set forth in a Commencement Agreement, identical in the form to that attached hereto as Exhibit B and executed by Landlord and Tenant. 

  
 1 

 3. Use. The Premises are to be used and occupied solely for the purpose of providing
financial and banking services and for any other lawful use, but for no unlawful purpose. Tenant shall not use or allow the Premises to be used for any improper, immoral, disreputable or objectionable purpose, and Tenant shall not cause, maintain or
permit any nuisance or waste in, on or about the Premises. Without limitation of the foregoing, in no event shall Tenant use or permit the use of all or any portion of the Premises (i) as and/or for sleeping quarters and/or lodging or
(ii) for any unlawful purpose of any kind whatsoever and howsoever arising. 
 4. Rent. 

a. Commencing on the Commencement Date and continuing thereafter throughout the full Term of this Lease, Tenant hereby agrees to pay the
annual Base Rental (defined and set forth below) and Additional Rental (defined below). The Base Rental shall be due and payable in advance in twelve equal monthly installments on the first day of each calendar month at Landlord’s address
as provided herein (or such other address as may be designated by Landlord from time to time) with a 7 day grace period. If the Commencement Date is other than the first day of a calendar month or if this Lease expires on other than the last day of
a calendar month, then the installments of Base Rental for such month or months shall be prorated. 
 “Base Rental” shall mean the
amount of rent due to Landlord per square foot for the first year of the Term as set forth in the Base Rental Agreement by and between Landlord and Tenant, in the form attached hereto as Exhibit B, to be executed and delivered to Landlord
before the Commencement Date; provided, however, that Base Rental for the first year of Term for the Premises shall be as follows: 
  

							
	 Year
	  	 Per Square Foot First Floor
	  	Total Per Annum	  	Total Per Month
	1	  	$29	  	$122,119	  	$10,176.58

 Following the first year of the Term, Base Rental shall increase on each anniversary of the Commencement Date
as set forth herein. Effective on each Adjustment Date (defined below), Base Rental shall be increased (relative to the previous year’s Base Rental) by the percentage increase, if any, in the CPI (defined below); provided, however, that each
annual increase in Base Rental shall not be less than 1.5% of the previous year’s annual Base Rental and not more than 3.5% of the previous year’s annual Base Rental. “Adjustment Date” shall mean, as the case may require, each
anniversary of the Commencement Date; provided, however, if the Commencement Date is other than the first day of the month, then “Adjustment Date” shall mean, as the case may require, the first day of the first month occurring after each
anniversary of the Commencement Date. As used herein, “CPI” shall mean the Consumer Price Index for All Urban Consumers – South Urban Area, All Items, U.S.A. Area, 1982-1984 = 100, as published by the Bureau of Labor Statistics,
United States Department of Labor (U.S. City Average). If such index is discontinued, CPI shall then mean the most nearly comparable index published by the Bureau of Labor Statistics or other official agency of the United States Government as
determined by Landlord. 

  
 2 

 b. All sums other than Base Rental due Landlord under this Lease (including, without limitation,
amounts reimbursed to Landlord or for which Tenant must indemnify Landlord, late fees, and attorney fees and costs) shall be additional rental (“Additional Rental”). Base Rental and Additional Rental collectively are referred to as
“Rental” or “Rent”. 
 5. Renewal Options. 

a. Tenant shall have the right and option to renew the Lease (“Renewal Option”) for two (2) successive renewal periods of five
(5) years each (each, an “Option Term”); provided, however, the Renewal Option is contingent upon the following: (i) there is not an Event of Default beyond all applicable cure period(s) at the time Tenant gives Landlord notice
of Tenant’s intention to exercise the Renewal Option or at the expiration of the current Term; (ii) no event has occurred that upon notice or the passage of time would constitute an Event of Default, unless Landlord has given notice of
default and Tenant is diligently attempting to cure such event; and (iii) Tenant is occupying the Premises. Following expiration of the final Option Term allowable hereunder, Tenant shall have no further right to renew the Lease pursuant to
this Section 5. 
 b. Tenant shall exercise the Renewal Option by giving Landlord notice at least one hundred eighty (180) days
prior to the expiration of the current Term. If Tenant fails to give notice to Landlord prior to the 180-day period, then Tenant shall forfeit the Renewal Option. If Tenant exercises the Renewal Option, then during the Option Term, Landlord and
Tenant’s respective rights, duties and obligations shall be governed by the terms and conditions of the Lease, except as provided otherwise in this Section. Time is of the essence in exercising the Renewal Option. 

c. The Base Rental for an Option Term shall be the Fair Market Rental Rate. “Fair Market Rental Rate” shall mean the market rental
rate for the time period such determination is being made for bank and financial space in same class office buildings in the area of Spring Hill, Tennessee (the “Area”) of comparable condition for space of equivalent quality, size,
utility, and location. Such determination shall take into account all relevant factors, including, without limitation, the following matters: the credit standing of Tenant; the length of the term; the fact that Landlord will experience no vacancy
period and that Tenant will not suffer the costs and business interruption associated with moving its offices and negotiating a new lease; construction allowances and other tenant concessions that would be available to tenants comparable to Tenant
in the Area (such as moving expense allowance, free rent periods, and lease assumptions and take over provisions, if any, but specifically excluding the value of improvements installed in the Premises at Tenant’s cost), and whether adjustments
are then being made in determining the rental rates for renewals in the Area because of concessions being offered by Landlord to Tenant (or the lack thereof for the Option Term in question). For purposes of such calculation, it will only be assumed
that Landlord is paying a representative of Tenant a brokerage commission in connection with the Option Term in question if Landlord is in fact paying a brokerage commission to a representative of Tenant in connection with the applicable Option
Term. 

  
 3 

 6. Utilities and Service. Tenant shall be responsible for its own interior maintenance,
janitorial and utilities, which are separately metered. Tenant shall pay its pro rata share of operating expenses including but not limited to common area maintenance, real estate taxes and common area liability insurance. Tenant’s pro rata
share of Operating Costs that are controllable by Landlord, excluding expenditures for insurance, taxes, governmental or regulatory fees or expenses, security costs, snow and ice removal, and utilities (“Controllable Operating Costs”)
shall be no more than $2 per square foot in lease year one. Lease year 2 and thereafter shall not exceed 105% of Tenant’s pro rata share of Controllable Operating Costs for the immediately preceding year. At all times during the term of this
Lease, Tenant shall pay its full pro rata share of the uncontrollable Operating Costs attributable to taxes, insurance, governmental or regulatory fees or expenses, security costs, snow and ice removal, and utilities. Tenant shall begin paying
Operating Expenses upon the Rent Commencement Date. Tenant’s pro rata share shall be 41.8% as calculated by dividing the total rentable square footage of the building (10,085 square feet) by the square footage of the Tenant’s space (4,211
square feet). Tenant shall have the option to request backup for all of the expenses in order to verify the Tenant’s portion, and Landlord shall provide the information within 10 business days after the request has been received. 

7. Security Deposit. Tenant hereby agrees to pay to Landlord a security deposit of ten thousand one hundred seventy-six dollars and
fifty-eight cents ($10,176.58), which is equal to first month’s Base Rental, on the day this Lease is executed by Tenant (the “Security Deposit”). Upon the occurrence of any Event of Default by Tenant, Landlord may, from time to time,
without prejudice to any other remedy, use the Security Deposit to the extent necessary to make good any arrears of Base Rental or Additional Rental or any other payment obligation hereunder, including, but not limited to, the cost of any damage,
injury, expense, or liability caused by any Event of Default by Tenant hereunder. Any remaining balance of the Security Deposit shall be returned by Landlord to Tenant within a reasonable period of time after the termination or expiration of this
Lease and the satisfaction of Tenant’s obligations hereunder. The Security Deposit shall not be considered an advance payment of rental or a measure of Landlord’s damages in case of default by Tenant. Tenant shall not be entitled to
receive and shall not receive any interest on the Security Deposit, and Landlord may commingle the same with other monies of Landlord. In the event Landlord applies the Security Deposit or any portion thereof to the payment of any sum described
above and this Lease is not terminated, Tenant shall immediately deposit with Landlord an amount of money equal to the amount so applied, and such amount shall be deemed to be part of the Security Deposit. In the event of a sale or transfer of
Landlord’s interest in the Premises, Landlord shall have the right to transfer the Security Deposit to the purchaser or lessor, as the case may be, and upon any such transfer and acknowledgement of receipt of Security Deposit by such
transferee, Landlord shall be relieved of all liability to Tenant for the return of the Security Deposit, and Tenant shall look solely to the new owner or lessor for the return of the Security Deposit. 

  
 4 

 8. Keys and Locks. Landlord shall furnish Tenant with two (2) keys for each standard
lockset on code required doors entering the Premises from public areas. Additional keys will be Tenant’s responsibility and at Tenant’s expense. All such keys shall remain the property of Landlord. Upon termination of this Lease, Tenant
shall surrender to Landlord all keys to any locks on doors entering or within the Premises, and give to Landlord the explanation of the combination of all locks for safes, safe cabinets and vault doors, if any, in the Premises. 

9. Entry for Repairs and Inspection. Upon reasonable prior notice from Landlord, Tenant shall permit Landlord and its contractors,
agents or representatives to enter into and upon any part of the Premises during reasonable hours to inspect the same; perform maintenance and make repairs, replacements or improvements as set forth under this Lease; and for the purpose of showing
the Premises to prospective tenants or purchasers. Landlord shall use its reasonable efforts not to interfere materially with the operation of Tenant’s business during any such entry. 

10. Laws and Regulations; Encumbrances. Tenant shall comply with, and Tenant shall cause its employees, contractors and agents to
comply with, and shall use its best efforts to cause its visitors and invitees to comply with the following, to the extent Tenant has been made aware thereof: (i) all laws, ordinances, orders, rules and regulations of all state, federal,
municipal and other governmental or judicial agencies or bodies relating to the use, condition or occupancy of the Premises; and (ii) all recorded easements, operating agreements, parking agreements, declarations, covenants and instruments
encumbering the Premises. Copies of all documents described above must be provided to Tenant by Landlord upon Landlord receiving written request from Tenant for the specific documents. Landlord warrants that to Landlord’s knowledge, no such
ordinances or other matters of record prohibit Tenant’s use of the Premises as a branch banking facility. 
 11. Hazardous
Substances. Tenant shall comply, at its sole cost and expense, with all laws, ordinances, orders, rules and regulations of all state, federal, municipal and other governmental or judicial agencies or bodies relating to the protection of public
health, safety, welfare or the environment (collectively, “Environmental Laws”) in the use, occupancy and operation of the Premises. Tenant agrees that no Hazardous Substances (defined below) shall be used, located, stored or processed on
the Premises by Tenant or any of its agents, employees, contractors, assigns, subtenants, guest or invitees, and no Hazardous Substances will be released or discharged from the Premises. The term “Hazardous Substances” shall mean and
include all hazardous and toxic substances, waste or materials, any pollutant or contaminant, including, without limitation, PCB’s, asbestos and raw materials that include hazardous constituents or any other similar substances or materials that
are now or hereafter included under or regulated by any Environmental Laws or that would pose a health, safety or environmental hazard. Tenant hereby agrees to indemnify, defend and hold harmless Landlord from and against any and all losses,
liabilities (including, but not limited to, strict liability), damages, injuries, expenses (including, but not limited to, court costs, litigation expenses, reasonable attorneys’ fees and costs of settlement or judgment), suits and claims of
any and every kind whatsoever paid, incurred or suffered by, or asserted against, Landlord by any person, entity or governmental agency for, with respect to, or as a direct or indirect result of, the presence in or the escape, leakage, spillage,
discharge, emission or release from the Premises of any Hazardous Substances by Tenant or any of its agents, employees, contractors, assigns, subtenants, guest or invitees. Tenant shall not be responsible for any Hazardous Substances located on the
Premises prior to the date Landlord delivers the Premises to Tenant. 

  
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 12. Taxes and Assessments. 

a. Tenant shall pay all taxes, license fees, and special charges and assessments levied by any taxing authorities against personal property
which Tenant owns and/or uses within, upon, or about the Premises, or by reason of the conduct and operation of its business thereon, including, without limitation, any special assessments or charges for water and/or sewers. 

b. Tenant shall also pay its pro rata share of any and all ad valorem real estate taxes on the Premises and any personal property taxes
assessable on any personal property located on the Premises on or before the same are due to the taxing authority. Tenant’s pro rata share shall be 41.8% as calculated by dividing the total rentable square footage of the building (10,085 square
feet) by the square footage of the Tenant’s space (4,211 square feet). Landlord shall forward all ad valorem tax bills for the Premises to Tenant immediately upon receipt. Landlord shall have the right to pay such taxes before they become
delinquent if Tenant has not paid as required under this Lease, and such payment on Tenant’s behalf shall be immediately payable to Landlord by Tenant as Additional Rental. The estimation for year one shall be $1 per square foot, which shall be
paid monthly by Tenant as part of the triple net expenses. Tenant shall have the option to request backup for all of the taxes in order to verify the Tenant’s portion, and Landlord shall provide the information within 10 business days after the
request has been received. 
 c. Notwithstanding the foregoing, Tenant shall have no obligation under this Lease to pay: (i) income,
profits, intangible, documentary stamps, franchise, corporate, capital stock, succession, estate, gift or inheritance taxes; (ii) any assessment or additional tax associated with a change in ownership of the Premises; or
(iii) governmentally imposed “impact fees” related to further improvement of the Premises, including, but not limited to, the widening of exterior roads, the installation of or connection to sewer lines, sanitary and storm drainage
systems and other utility lines and installations. 
 d. Tenant shall indemnify Landlord against all taxes (on personal property and real
property), licenses fees, special charges and assessments paid for by Landlord on Tenant’s behalf, and Tenant shall indemnify Landlord against all costs and expenses (including attorney fees) in connection with same. Amounts due Landlord
hereunder shall be Additional Rental. 
 e. Tenant may at its sole cost and expense, and in its own name and/or in the name of Landlord,
dispute and contest any of the above-described taxes, license fees, special charges, assessments and/or ad valorem real estate taxes by appropriate proceedings diligently conducted in good faith, but only after Tenant has deposited with Landlord or
with an applicable competent authority, in Tenant’s reasonable discretion, the amount so contested and unpaid which shall be held by Landlord (if Landlord is so chosen to hold such deposited funds) in an interest-bearing account until the
termination of the proceedings, at which time the amount deposited shall 

  
 6 

 
be applied by Landlord toward the payment of the items held valid (plus any court costs, interest, penalties and other liabilities associated with the proceedings), and Tenant’s share of any
excess shall be returned to Tenant. Tenant shall indemnify, defend and hold harmless Landlord from and against any cost, damage or expense, including attorney’s fees, actually and reasonably incurred by Landlord, as Additional Rental, in
connection with any such proceedings. 
 13. Leasehold Improvements. 

a. Following completion of Landlord’s Work (defined in Exhibit C hereto) and Tenant’s acceptance of the Premises from
Landlord, subject to the “punch list” items and latent defects identified in accordance with Section 1(b) above, Tenant accepts the same “AS IS” without any agreements, representations, understandings or obligations on the
part of Landlord to perform any alterations, repairs or improvements except as expressly set forth in this Lease. ADDITIONALLY, EXCEPT AS EXPRESSLY SET FORTH IN THIS LEASE, LANDLORD MAKES NO WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE
LEASEHOLD IMPROVEMENTS OR TO LANDLORD’S WORK, AND ALL IMPLIED WARRANTIES WITH RESPECT TO THE PREMISES, INCLUDING WITHOUT LIMITATION THOSE OF SUITABILITY AND FITNESS FOR A PARTICULAR PURPOSE, ARE HEREBY EXPRESSLY NEGATED AND WAIVED. 

b. Tenant shall be entitled to a Tenant Improvement Allowance (defined and set forth in Exhibit C). Notwithstanding the Tenant
Improvement Allowance, Tenant agrees that it will make no exterior or structural alterations or additions to the Premises nor post or attach or affix to the exterior of the Premises, any signs, air conditioners or other objects without memorializing
such proposed alterations, attachments, or fixtures in a Tenant work letter (in form acceptable to Landlord) and obtaining Landlord’s prior written consent to same. Notwithstanding the foregoing, Tenant shall have the right to make interior,
non-structural alterations to the Premises without Landlord’s consent, so long as such alterations do not (i) affect the structure or electrical, plumbing, or mechanical systems of the Premises; or (ii) decrease the value of the
Premises. Except as may be covered by Tenant’s Improvement Allowance, Tenant shall be responsible for the cost of such alterations or signs. Tenant shall have the right to install its trade fixtures and equipment in, upon and about the
Premises; provided, however, that Tenant shall remove the same on or before the expiration of this Lease, and if so requested by Landlord, promptly after any termination of this Lease; and provided, further, that Tenant shall promptly thereafter
repair all damage caused to the Premises by reason of such installation or removal. 
 c. Tenant shall indemnify and hold Landlord harmless
from and against all costs (including reasonable attorneys’ fees and costs of suit), losses, liabilities, or causes of action arising out of or relating to any alterations, additions or improvements made by Tenant to the Premises, including,
but not limited to, work not completed in a workmanlike manner and any contractor’s, mechanics’ or materialman’s liens asserted in connection therewith. This indemnification obligation shall survive the Term of this Lease. 

  
 7 

 d. Should any contractor’s, mechanic’s or other liens be filed against any portion of
the Premises by reason of Tenant’s acts or omissions or because of a claim against Tenant, Tenant shall cause the same to be canceled or discharged of record by bond or otherwise within thirty (30) days after notice by Landlord. If Tenant
shall fail to cancel or discharge said lien or liens, within said thirty (30) day period, Landlord may, at its sole option, cancel or discharge the same and upon Landlord’s demand, Tenant shall promptly reimburse Landlord for all
reasonable costs incurred in canceling or discharging such liens, including attorney fees in connection with same. 
 14. Maintenance and
Repairs to the Premises. Following completion of Landlord’s Work, but subject to any “punch list” items, latent defects, or other defects expressly covered by any warranty under this Lease, Tenant shall make and pay for any and
all repairs or replacements to any and all portions of the interior and exterior of the Premises which are necessary to keep the same in a good state of repair or condition, such as, but not limited to, the roof and all structural members of the
building, all fixtures, furnishings, lighting, air conditioning, plumbing, heating, electrical, floors, walls, ventilation systems, and any and all other parts of the building or other portions of the Premises. Tenant shall perform all maintenance,
repairs, replacements and improvements required by any governmental law, ordination, rule or regulation. Landlord shall maintain the parking lot, landscaping, plantings, and the exterior of the Premises in a good and neat condition at all times, and
Tenant shall be responsible for its pro rata share of the costs. Tenant’s pro rata share shall be 41.8% as calculated by dividing the total rentable square footage of the building (10,085 square feet) by the square footage of the Tenant’s
space (4,211 square feet). Tenant shall have the option to request backup for all of the expenses in order to verify the Tenant’s portion, and Landlord shall provide the information within 10 business days after the request has been received.
Notwithstanding anything in this Lease to the contrary, Tenant shall not be required to construct or install any item that is capital in nature, unless the need for such installation or construction is caused by Tenant’s negligence or willful
misconduct. Without limiting Tenant’s maintenance and repair obligations hereunder, in the event Tenant fails to commence, within ten (10) days after written notice from Landlord to Tenant, or to diligently complete, any maintenance,
repairs, replacements or improvements necessitated by Tenant’s negligence or willful conduct, or necessitated by Tenant’s waste of the Premises, Landlord may, at its option, perform any such maintenance, repairs, replacements or
improvements deemed necessary by Landlord, and Tenant shall pay to Landlord on demand Landlord’s cost thereof, plus an administrative fee of ten percent (10%) of such costs as Additional Rental. As used in this Section 15, any
requirement to maintain the Premises in a “good state of repair or condition” shall mean maintenance of the Premises in as good a condition as existed upon the initial completion of the improvements on the Premises, reasonable wear and
tear and damage by casualty excepted. 
 15. Condemnation. If all or substantially all of the Premises, or such portion of the
Premises as would render, in Landlord’s reasonable judgment, the continuance of Tenant’s business from the Premises impracticable, shall be permanently taken or condemned for any public purpose, then Landlord or Tenant may terminate this
Lease. If less than all or substantially all of the Premises shall be taken, then Landlord shall have the option of terminating this Lease by written notice to Tenant within ten (10) days following the date of such condemnation or taking. If
this 

  
 8 

 
Lease is terminated as provided above, this Lease shall cease and expire as of the date of the taking. In the event that this Lease is not terminated and a portion of the Premises is taken,
Tenant shall pay the Base Rental and Additional Rental up to the date of the taking, and this Lease shall thereupon cease and terminate with respect to the portion of the Premises so taken. Thereafter the Base Rental and Additional Rental shall be
adjusted on an equitable basis. If this Lease is not terminated, Landlord shall promptly repair the Premises’ building to an architectural unit, fit for Tenant’s occupancy and business; provided, however, that Landlord’s obligation to
repair hereunder shall be limited to the extent of the net proceeds from such taking made available to Landlord for such repair. However, in the event such proceeds are not sufficient to restore the Premises to a condition reasonably suitable for
the operation of Tenant’s business, Tenant may terminate this Lease, at the time Landlord notifies Tenant of the extent to which the Premises will be restored. In the event of any temporary taking or condemnation for any public purpose of the
Premises or any portion thereof, this Lease shall continue in full force and effect except that Base Rental and Additional Rental shall be adjusted on an equitable basis for the period of such taking, and Landlord shall be under no obligation to
make any repairs or alterations. In the event of any taking of the Premises, Tenant hereby assigns to Landlord the value of all or any portion of the unexpired term of the Lease and all leasehold improvements, and Tenant shall not assert a claim for
a condemnation award therefor; provided, however, Tenant may pursue a separate award from the condemning authority for (a) relocation and moving expenses, and (b) compensation for loss of Tenant’s business. 

16. Fire or Casualty. If the building or any improvement on the Premises shall be damaged in any way, in whole or in part, or rendered
untenantable by fire or other casualty, Tenant shall restore the building to its original condition. Rent shall not abate or be reduced following any casualty loss or during any period of restoration to the Tenant’s Premises if the fire is due
to the Tenant’s Premises. It shall be Landlord’s responsibility to obtain business interruption insurance coverage to insure against any loss Tenant may suffer as a result of any casualty damage by other leased space as well as
Tenant’s inability to use all or any part of the Premises as a result of such casualty. Tenant shall pay its pro rata share on the business interruption insurance coverage, and Tenant’s pro rata share shall be 41.8% as calculated by
dividing the total rentable square footage of the building (10,085 square feet) by the square footage of the Tenant’s space (4,211 square feet). Tenant shall have the option to request backup for all of the expenses in order to verify the
Tenant’s portion, and Landlord shall provide the information within 10 business days after the request has been received. 
 17.
Insurance. 
 a. Liability Insurance. Tenant shall, during the entire term hereof keep in full force and effect a policy or policies
of public liability, personal and property damage insurance with respect to the Premises, in which the limits shall be not less than $2,000,000 in the aggregate, and $1,000,000 per occurrence. Such amounts shall be increased every three
(3) years based on any increase in the Consumer Price Index-All Urban during such 3-year period. The policies shall name Landlord and any lender of Landlord as an additional insured, and shall contain a clause that the insurer will not cancel
or change the insurance without first giving all additional insureds thirty (30) days’ prior written notice. The insurance shall be with an insurance company licensed to do business in Tennessee, and a copy of the policy, or a certificate
of insurance, shall be delivered to Landlord initially and at each renewal hereof. 

  
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 b. Fire and Casualty Insurance. Landlord agrees to keep in full force and effect a policy or
policies or broad form, all risk coverage insurance, in amounts not less than eighty percent (80%) of the reasonable reproduction or replacement value of the Premises improvements (including all buildings and structures thereon, and all
portions thereof), determined annually, and with no reduction for depreciation, use, wear and tear. With respect to damage or destruction of Premises improvements, which damage or destruction is covered, in whole or in part, by insurance, it is
agreed that the proceeds from such insurance which are paid to Landlord shall be used and applied exclusively for the purpose of making replacements or repairs, if and only if such proceeds are sufficient in amount to complete such necessary
replacements or repairs, which are paid to Landlord are insufficient therefor, Landlord will provide the deficiency, it being the intent of the parties hereto that Landlord shall have the obligation to rebuild, reconstruct or replace the Premises
improvements damaged or destroyed by fire or other casualty with improvements of equal value, whether such casualty shall be insured or not insured against, and whether the proceeds of any such insurance are paid to Landlord. The insurance shall be
with a good and A-rated insurance company licensed to do business in Tennessee, and a copy of the policy, or a certificate of insurance together with proof of premium payment, shall be delivered to Tenant initially and at each renewal thereof.
Tenant shall pay its pro rata share of all risk coverage insurance monthly as part of the triple net expenses. Tenant’s pro rata share shall be 41.8% as calculated by dividing the total rentable square footage of the building (10,085 square
feet) by the square footage of the Tenant’s space (4,211 square feet). 
 18. Damages from Certain Causes. Landlord shall not be
liable or responsible to Tenant for any loss or damage to any property or person occasioned by theft, fire, act of God, public enemy, riot, strike, insurrection, war, act or omission of any party other than Landlord, any nuisance or interference
caused or created by any property owner other than Landlord, requisition or order of governmental body or authority, court order or injunction, or any cause beyond Landlord’s control or for any damage or inconvenience which may arise through
repair or alteration of any part of the Premises as required by this Lease. 
 19. Hold Harmless. 

a. Landlord shall not be liable to Tenant, its agents, servants, employees, contractors, customers or invitees for any damage to person or
property caused by any act, omission or neglect of Tenant. Without limiting or being limited by any other indemnity in this Lease, but rather in confirmation and furtherance thereof, Tenant agrees to indemnify, defend by counsel reasonably
acceptable to Landlord and hold Landlord harmless of, from and against any and all losses, damages, liabilities, claims, liens, costs and expenses (including, but not limited to, court costs, reasonable attorneys’ fees and litigation expenses)
in connection with injury to or death of any person or damage to or theft, loss or loss of the use of any property occurring in or about the Premises arising from Tenant’s occupancy of the Premises, or the conduct of its business or from any
activity, work, or thing done, permitted or suffered by Tenant in or about the Premises, or from 

  
 10 

 
any breach or default on the part of Tenant in the performance of any covenant or agreement on the part of Tenant to be performed pursuant to the terms of this Lease, or due to any other act or
omission or willful misconduct of Tenant or any of its agents, employees, contractors, assigns, subtenants, guest or invitees. 
 b. Tenant
shall not be liable to Landlord, its agents, servants, employees, contractors, customers or invitees for any damage to person or property caused by any act, omission or neglect of Landlord. Without limiting or being limited by any other indemnity in
this Lease, but rather in confirmation and furtherance thereof, Landlord agrees to indemnify, defend by counsel reasonably acceptable to Tenant and hold Tenant harmless of, from and against any and all losses, damages, liabilities, claims, liens,
costs and expenses (including, but not limited to, court costs, reasonable attorneys’ fees and litigation expenses) in connection with injury to or death of any person or damage to or theft, loss or loss of the use of any property occurring in
or about the Premises arising from any breach or default on the part of Landlord in the performance of any covenant or agreement on the part of Landlord to be performed pursuant to the terms of this Lease, or due to any other grossly negligent act
or omission or willful misconduct of Landlord or any of its agents or employees. 
  

	 	20.	Default and Remedies. 

  

	 	a.	The occurrence of any of the following shall constitute a default under and breach of this Lease by Tenant (an “Event of Default”): 

 

	 	i)	Failure by Tenant to pay any monetary amounts (including Base Rental and Additional Rental) due hereunder within ten (10) days following written notice of non-payment from Landlord to Tenant; 

 

	 	ii)	Abandonment of the Premises (defined as any period of one hundred and eighty (180) consecutive days without operation of Tenant’s business in the Premises); 

 

	 	iii)	Failure by Tenant to observe or perform any of the covenants in respect of assignment and subletting of this Lease; 

  

	 	iv)	Failure by Tenant to cure forthwith, immediately after receipt of notice from Landlord, any hazardous condition which Tenant has created or permitted in violation of law or of this Lease; 

 

	 	v)	Failure by Tenant to complete, execute and deliver any instrument or document required to be completed, executed and delivered by Tenant within twenty (20) days after the initial written demand for same to Tenant;

  
 11 

	 	vi)	Failure by Tenant to observe or perform any other non-monetary covenant, agreement, condition or provision of this Lease, if such failure shall continue for thirty (30) days after written notice thereof from
Landlord to Tenant; provided that such thirty (30) day period shall be extended for the time reasonably required to complete such cure, if such failure cannot reasonably be cured within said thirty (30) day period and Tenant commences to
cure such failure within said thirty (30) day period and thereafter diligently and continuously proceeds to cure such failure; 

  

	 	vii)	The levy upon execution or the attachment by legal process of the leasehold interest of Tenant, or the filing or creation of a lien in respect of such leasehold interest, which lien shall not be released or discharged
within thirty (30) days from the date of such filing; 

  

	 	viii)	Tenant or any guarantor of Tenant’s obligations under this Lease becomes insolvent or bankrupt or admits in writing its inability to pay its debts as they mature, or makes an assignment for the benefit of
creditors, or applies for or consents to the appointment of a trustee or receiver for all or a major part of its property; 

  

	 	ix)	A trustee or receiver is appointed for Tenant, any guarantor of Tenant’s obligations under this Lease or for a major part of either party’s property and is not discharged within sixty (60) days after such
appointment; 

  

	 	x)	Any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or other proceeding for relief under any bankruptcy law or similar law for the relief of debtors, is instituted (A) by Tenant or
any guarantor of Tenant’s obligations under this Lease, or (B) against Tenant or any guarantor of Tenant’s obligations under this Lease and is allowed against it or is consented to by it or is not dismissed within sixty (60) days
after such institution; or 

  

	 	xi)	Tenant’s repeated failure to observe or perform any of the other covenants, terms or conditions hereof more than three (3) times, in the aggregate, in any period of twelve (12) consecutive months.

 b. Upon the occurrence of an Event of Default, Landlord agrees to use reasonable efforts to mitigate its damages, but shall
have the option to do and perform any one or more of the following in addition to, and not in limitation of, any other remedy or right permitted it by law or in equity or by this Lease: 

 

	 	i)	Landlord, with or without terminating this Lease, may immediately or at any time thereafter re-enter the Premises and correct or repair any condition which shall constitute a failure on Tenant’s part to keep,
observe, perform, satisfy, or abide by any term, condition, covenant, agreement, or obligation of this Lease, and Tenant shall fully reimburse and compensate Landlord, for Landlord’s actual cost incurred, on demand. 

  
 12 

	 	ii)	Landlord, with or without terminating this Lease, may immediately or at any time thereafter demand in writing that Tenant vacate the Premises and thereupon Tenant shall vacate the Premises and remove therefrom all
property thereon belonging to or placed on the Premises by, at the direction of, or with consent of Tenant within ten (10) days of receipt by Tenant of such notice from Landlord, whereupon Landlord shall have the right to re-enter and take
possession of the Premises. 

  

	 	iii)	Landlord, with or without terminating this Lease, may immediately or at any time thereafter, re-enter the Premises and remove therefrom Tenant and all property belonging to or placed on the Premises by, at the direction
of, or with consent of Tenant. Any such re-entry and removal by Landlord shall not of itself constitute an acceptance by Landlord of a surrender of this Lease or of the Premises by Tenant and shall not of itself constitute a termination of this
Lease by Landlord. 

  

	 	iv)	Landlord, with or without terminating this Lease, may immediately or at any time thereafter relet the Premises or any part thereof for such time or times, at such rental or rentals and upon such other terms and
conditions as Landlord in its sole discretion may deem advisable, and Landlord may make any alterations or repairs to the Premises which it may deem necessary or proper to facilitate such reletting; and Tenant shall pay all reasonable costs of such
reletting; and if this Lease shall not have been terminated, Tenant shall continue to pay all rent and all other charges due under this lease up to and including the date of beginning of payment of rent by any subsequent tenant of part or all of the
Premises, and thereafter Tenant shall pay monthly during the remainder of the term of this Lease the difference, if any, between the rent and other charges collected from any such subsequent tenant or tenants and the rent and other charges reserved
in this Lease, but Tenant shall not be entitled to receive any excess of any such rents collected over the rents reserved herein. 

  

	 	v)	 Landlord may immediately or at any time thereafter terminate this Lease, and this Lease shall be deemed to have
been terminated upon receipt by Tenant of written notice of such termination; upon such termination Landlord shall recover from Tenant all damages Landlord may suffer by reason of such termination including, without limitation, unamortized sums
expended by Landlord for leasing commissions and construction of tenant improvements, all arrearages in rentals, costs, charges, additional rentals, and reimbursements, the cost (including court costs and attorneys’ fees) of

  
 13 

	 	
recovering possession of the Premises, the cost of any alteration of or repair to the Premises which is necessary or proper to prepare the same for reletting and, in addition thereto, Landlord at
its election shall have and recover from Tenant either (A) an amount equal to the excess, if any, of the total amount of all rents and other charges to be paid by Tenant for the remainder of the term of this Lease over the then reasonable
rental value of the Premises for the remainder of the term of this Lease, or (B) the rents and other charges which Landlord would be entitled to receive from Tenant pursuant to the provisions of subsection (iv) if the Lease were not
terminated. Such election shall be made by Landlord by serving written notice upon Tenant of its choice of one of the two said alternatives within thirty (30) days of the notice of termination. 

 

	 	vi)	The exercise by Landlord of any one or more of the rights and remedies provided in this Lease shall not prevent the subsequent exercise by Landlord of any one or more of the other rights and remedies herein provided.
All remedies provided for in this Lease are cumulative and may, at the election of Landlord, be exercised alternatively, successively, or in any other manner and are in addition to any other rights provided for or allowed by law or in equity.

  

	 	vii)	No act by Landlord with respect to the Premises shall terminate this Lease, including, but not limited to, acceptance of the keys, institution of an action for detainer or other dispossessory proceedings, it being
understood that this Lease may only be terminated by express written notice from Landlord to Tenant, and any reletting of the Premises shall be presumed to be for and on behalf of Tenant, and not Landlord, unless Landlord expressly provides
otherwise in writing to Tenant. 

 (c) In the event Landlord fails to perform any of its obligations under this Lease and such
non-performance continues for a period of thirty (30) days following written notice of default from Tenant, Landlord shall be deemed to be in material default of this Lease, and Tenant shall have all remedies available at law, in equity or
under this Lease; provided, however, that such thirty (30) day period shall be extended for the time reasonably required to complete such cure, if such failure cannot reasonably be cured within said thirty (30) day period and Landlord
commences to cure such failure within said thirty (30) day period and thereafter diligently and continuously proceeds to cure such failure. 

21. Late Payments. In the event any installment of any Rental owed by Tenant hereunder is not paid within 10 days, Tenant shall pay a
late charge equal to the greater of $100.00 or five percent (5%) of the amount due. The parties agree that such charge is a fair and reasonable estimate of Landlord’s administrative expense incurred on account of late payment. Should
Tenant make a partial payment of past due amounts, the amount of such partial payment shall be applied first to reduce all accrued and unpaid late charges, in inverse order of their maturity, and then to reduce all other past due amounts, in inverse
order of their maturity. 

  
 14 

 22. Attorney’s Fees. If either party initiates any action to enforce its rights under
this Lease or the terms hereof, the prevailing party shall be entitled to collect from the other party all court costs, reasonable attorneys fees and litigation expenses, including, but not limited to, costs of depositions and expert witnesses, that
the prevailing party actually incurs in connection with such action. 
 23. No Waiver of Rights. No failure or delay of Landlord to
exercise any right or power given it herein or to insist upon strict compliance by Tenant of any obligation imposed on it herein and no custom or practice of either party hereto at variance with any term hereof shall constitute a waiver or a
modification of the terms hereof by Landlord or any right it has herein to demand strict compliance with the terms hereof by Tenant. No waiver of any right of Landlord or any default by Tenant on one occasion shall operate as a waiver of any of
Landlord’s other rights or of any subsequent default by Tenant. No express waiver shall affect any condition, covenant, rule, or regulation other than the one specified in such waiver and then only for the time and in the manner specified in
such waiver. No person has or shall have any authority to waive any provision of this Lease unless such waiver is expressly made in writing and signed by an authorized officer of Landlord. 

24. Holding Over. In the event of holding over by Tenant after expiration or termination of this Lease without the written consent of
Landlord, Tenant shall pay as rent for such holdover period one hundred fifty percent (150%) of the Rental that would have been payable if this Lease had not so terminated or expired). No holding over by Tenant after the term of this Lease
shall be construed to extend this Lease, and Tenant shall be deemed a tenant at will, terminable on five (5) days notice from Landlord. In the event of any unauthorized holding over, Tenant shall indemnify Landlord against all claims for
damages by any other tenant to whom Landlord shall have leased all or any part of the Premises effective upon the termination of this Lease. 

25. Subordination. 
 a.
If this Lease (and all its terms and conditions) shall become subject and subordinate to any mortgages or deeds of trust covering the Premises, whether or not for the full amount of all advances made or to be made thereunder and without regard to
the time or character of such advances, the holder of any such mortgage or deed of trust (any of the foregoing, a “Holder”), shall execute a subordination, non-disturbance and attornment agreement in form and content reasonably acceptable
to Tenant and such mortgagee providing (in part) that as long as an event of default on the part of Tenant is not in existence, Tenant shall not be disturbed in its possession of the Premises or have its rights hereunder terminated or modified by
such mortgagee, except pursuant to the provisions of this Lease. 

  
 15 

 b. Tenant agrees that if Landlord defaults in the performance or observance of any covenant or
condition of this Lease required to be performed or observed by Landlord hereunder, Tenant will give written notice specifying such default by certified or registered mail, postage prepaid, to any Holder of which Tenant has been notified in writing,
and before Tenant exercises any right or remedy which it may have on account of any such default of Landlord, such party shall have the same amount of time as is afforded Landlord to cure such default of Landlord. Whether or not any deed of trust or
mortgage is foreclosed, or any Holder succeeds to any interest of Landlord under this Lease, no Holder shall have any liability to Tenant for any security deposit paid to Landlord by Tenant hereunder, unless such security deposit has actually been
received by such Holder. No Holder of which Tenant has been notified, in writing, shall be bound by any amendment or modification of this Lease made without the written consent of such Holder, nor shall any such party be liable for any defaults of
Landlord under this Lease. If the Landlord goes into default, the holder shall be responsible to refund the Tenant’s security deposit. 

26. Estoppel Certificate. Tenant agrees that, from time to time upon request by Landlord, or any existing or prospective mortgagee or
ground lessor, Tenant will complete, execute and deliver a written estoppel certificate certifying (a) that this Lease is unmodified and is in full force and effect (or if there have been modifications, that this Lease, as modified, is in full
force and effect and setting forth the modifications); (b) the amounts of the monthly installments of Base Rental, Additional Rental and other sums then required to be paid under this Lease by Tenant; (c) the date to which the Base Rental,
Additional Rental and other sums required to be paid under this Lease by Tenant have been paid; (d) that Landlord is not in default under any of the provisions of this Lease, or if in default, the nature thereof in detail and what is required
to cure same; and (e) such other information concerning the status of this Lease or the parties’ performance hereunder reasonably requested by Landlord or the party to whom such estoppel certificate is to be addressed. 

27. Sublease or Assignment by Tenant. 

a. The Tenant shall not, without the Landlord’s prior written consent, (i) assign, convey, mortgage, pledge, encumber, or otherwise
transfer (whether voluntarily, by operation of law, or otherwise) this Lease or any interest hereunder; (ii) allow any lien to be placed upon Tenant’s interest hereunder; (iii) sublet the Premises or any part thereof; or
(iv) permit the use or occupancy of the Premises or any part thereof by anyone other than Tenant or Tenant’s subsidiaries. Any attempt to consummate any of the foregoing without Landlord’s consent shall be void and of no force or
effect. For purposes hereof, the transfer of the ownership or voting rights in a controlling interest of the voting stock of Tenant (if Tenant is a corporation) or the transfer of a general partnership interest or a majority of the limited
partnership or membership interest in Tenant (if Tenant is a partnership or limited liability company), at any time throughout the term of this Lease, shall be deemed to be an assignment of this Lease. 

b. For any proposed assignment or subletting Tenant shall submit to Landlord a copy of the proposed sublease or assignment, and such
additional information concerning the business, reputation and creditworthiness of the proposed sublessee or assignee as shall be sufficient to allow Landlord to form a commercially reasonable judgment with respect thereto. If Landlord approves any
proposed sublease or assignment, Landlord shall receive from Tenant as Additional Rental fifty percent (50%) of any rents or other sums received by Tenant pursuant to said sublease or 

  
 16 

 
assignment in excess of the rentals payable to Landlord by Tenant under this Lease (after deducting all of Tenant’s reasonable costs associated therewith, including reasonable brokerage fees
and the reasonable cost of remodeling or otherwise improving the Premises for said sublessee or assignee), as such rents or other sums are received by Tenant from the approved sublessee or assignee. Landlord may require that any rent or other sums
paid by a sublessee or assignee be paid directly to Landlord. 
 c. Notwithstanding the giving by Landlord of its consent to any subletting,
assignment or occupancy as provided hereunder or any language contained in such lease, sublease or assignment to the contrary, unless this Lease is expressly terminated by Landlord, Tenant shall not be relieved of any of Tenant’s obligations or
covenants under this Lease and Tenant shall remain fully liable hereunder. 
 d. Notwithstanding anything in this Lease to the contrary, so
long as Tenant remains jointly and severally liable for all of its obligations under this Lease, Tenant shall have the right, without Landlord’s consent, to assign or transfer its interest in this Lease: (i) in connection with a merger or
reorganization of Tenant or a sale of all or substantially all of Tenant’s assets (so long as such assignee expressly assumes all of Tenant’s obligations under this Lease in writing); (ii) to an entity wholly or partially owned or
controlled by, or under common control with, Tenant; or (iii) to an entity whose (A) net worth is equal to or greater than the greater of the net worth or Tenant (1) on the date of this Lease or (2) at the time of such
assignment; and (B) use of the Premises will be for banking and financial services; general business office use; or any other reputable business activity approved by Landlord in its reasonable discretion. 

28. Quiet Enjoyment. Landlord covenants that Tenant shall and may peacefully have, hold and enjoy the Premises free from hindrance by
Landlord or any person claiming by, through or under Landlord but subject to the other terms hereof, provided that Tenant pays the Base Rental, Additional Rental, and any other sums herein recited to be paid by Tenant and performs all of
Tenant’s covenants and agreements herein contained. It is understood and agreed that this covenant and any and all other covenants of Landlord contained in this Lease shall be binding upon Landlord and its successors only with respect to
breaches occurring during the ownership of the Landlord’s interest hereunder. 
 29. Assignment by Landlord. Landlord shall have
the right to transfer and assign, in whole or in part, all its rights and obligations hereunder, in the Premises, and in such event and upon such transfer no further liability or obligation shall thereafter accrue against Landlord hereunder. 

30. Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity interest
Premises for the recovery of any monetary judgment against Landlord, it being agreed that Landlord (and its partners, members and shareholders) shall never be personally liable for any such judgment. The provision contained in the foregoing sentence
is not intended to, and shall not, limit any right that Tenant might otherwise have to obtain injunctive relief against Landlord or Landlord’s successors-in-interest or any suit or action in connection with enforcement or collection of amounts
which may become owing or payable under or on account of insurance maintained by Landlord. 

  
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 31. Force Majeure. Landlord and Tenant (except with respect to the payment of Base Rental
or Additional Rental or any other monetary obligation under this Lease) shall be excused for the period of any delay and shall not be deemed in default with respect to the performance of any of the terms, covenants and conditions of this Lease when
prevented from so doing by a cause or causes beyond the Landlord’s or Tenant’s (as the case may be) control (excluding financial inability to perform), which shall include, without limitation, all labor disputes, governmental regulations
or controls, fire or other casualty, inability to obtain any material or services, acts of God, or any other cause not within the reasonable control of Landlord or Tenant (as the case may be). 

32. Surrender of Premises. Upon the termination of this Lease by lapse of time or otherwise or upon the earlier termination of
Tenant’s right of possession, Tenant shall quit and surrender possession of the Premises (including all leasehold improvements made or installed by Tenant or by Landlord) to Landlord, broom clean, in the same condition as upon delivery of
possession to Tenant hereunder, normal wear and tear excepted. Before surrendering possession of the Premises, Tenant shall, without expense to Landlord, remove all signs, furnishings, equipment, trade fixtures, merchandise and other personal
property installed or placed in the Premises and all debris and rubbish, and Tenant shall repair all damage to Premises resulting from such removal. If Tenant fails to remove any of the signs, furnishings, equipment, trade fixtures, merchandise and
other personal property installed or placed in the Premises by the expiration of the Term or earlier termination of this Lease, then Landlord may, at its sole option, (i) deem any or all of such items abandoned and the sole property of
Landlord; or (ii) remove any and all such items and dispose of same in any manner. Tenant shall pay Landlord on demand any and all expenses incurred by Landlord in the removal of such items, including, without limitation, the cost of repairing
any damage to the Premises caused by such removal and storage charges (if Landlord elects to store such property). 
 33. Notices.
Any notice or other communications required or permitted to be given under this Lease must be in writing and shall be effectively given or delivered if (a) hand delivered to the addresses for Landlord and Tenant stated below, (b) sent by
certified or registered United States Mail, return receipt requested, to said addresses, (c) sent by nationally recognized overnight courier (such as Federal Express, UPS Next Day Air or Airborne Express), with all delivery charges paid by the
sender and signature required for delivery, to said address; or (d) sent by facsimile to the facsimile numbers for Landlord and Tenant stated below and actually received, as evidenced by facsimile confirmation report, by Landlord or Tenant, as
the case may be. Any notice mailed shall be deemed to have been given upon receipt or refusal thereof. Notice effected by hand delivery shall be deemed to have been given at the time of actual delivery. Either party shall have the right to change
its address to which notices shall thereafter be sent and the party to whose attention such notice shall be directed by giving the other party notice thereof in accordance with the provisions of this Section. 

  
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	 	Landlord:	Petra Real Estate Partners II, LLC 

	 	 	320 Main Street, Suite 230 

	 	 	Franklin, Tennessee 37064 

	 	 	Facsimile: (615) 794-7910 

  

	 	Tenant:	Franklin Synergy Bank 

	 	 	722 Columbia Avenue 

	 	 	Franklin, TN 37064 

	 	 	Phone: (615) 236-2265 

 34. Miscellaneous. 

a. This Lease shall be binding upon and inure to the benefit of the successors and assigns of Landlord, and shall be binding upon and inure to
the benefit of Tenant, its successors, and, to the extent assignment may be approved by Landlord hereunder, Tenant’s assigns. 
 b. All
rights and remedies of Landlord and Tenant under this Lease shall be cumulative and none shall exclude any other rights or remedies allowed by law. This Lease is declared to be a Tennessee contract, and all of the terms hereof shall be construed
according to the laws of the State of Tennessee. 
 c. This Lease may not be altered, changed or amended, except by an instrument in writing
executed by all parties hereto. 
 d. If Tenant is a corporation, partnership, limited liability company or other entity, Tenant warrants
that all consents or approvals required of third parties (including but not limited to its Board of Directors, partners or members) for the execution, delivery and performance of this Lease have been obtained and that Tenant has the right and
authority to enter into and perform its covenants contained in this Lease. 
 e. To the extent permitted by applicable law, the parties
hereto shall and they hereby do waive trial by jury in any action, proceeding or counterclaim brought by either of the parties hereto against the other on any matters whatsoever arising out of or in any way connected with this lease, the
relationship of landlord and tenant, Tenant’s use or occupancy of the Premises and/or any claim of injury or damage. In the event Landlord commences any proceedings for nonpayment of rent or any other amounts payable hereunder, Tenant shall not
interpose any counterclaim of whatever nature or description in any such proceeding, unless the failure to raise the same would constitute a waiver thereof. This shall not, however, be construed as a waiver of Tenant’s right to assert such
claims in any separate action brought by Tenant. 
 f. If any term or provision of this Lease, or the application thereof to any person or
circumstance, shall to any extent be invalid or unenforceable, the remainder of this Lease, or the application of such provision to persons or circumstances other than those as to which it is invalid or unenforceable, shall not be affected thereby,
and each provision of this Lease shall be valid and shall be enforceable to the extent permitted by law. 

  
 19 

 g. Time is of the essence in this Lease. 

h. Tenant represents and warrants to Landlord that Tenant did not deal with any broker in connection with this Lease. Tenant shall indemnify,
defend and hold Landlord harmless of, from and against any and all losses, damages, liabilities, claims, liens, costs and expenses (including, without limitation, court costs, reasonable attorneys’ fees and litigation expenses) arising from any
claims or demands of any other broker or brokers or finders for any commission alleged to be due such other broker or brokers or finders claiming to have dealt with Tenant in connection with this Lease or with whom Tenant hereafter deals or whom
Tenant employs. 
 i. If Tenant comprises more than one person, corporation, partnership, limited liability company or other entity, the
liability hereunder of all such persons, corporations, partnerships or other entities shall be joint and several. 
 j. Landlord’s
receipt of any monetary amount due hereunder (including Base Rental and Additional Rental) payable by Tenant hereunder with knowledge of the breach of a covenant or agreement contained in this Lease shall not be deemed a waiver of the breach. No
acceptance by Landlord of a lesser amount than the full and complete installment of monetary amount due under this Lease (including Base Rental and Additional Rental) which is due shall be considered, nor shall any endorsement or statement on any
check or any letter accompanying any check or payment be deemed, an accord and satisfaction. Landlord may accept a check or payment without prejudice to Landlord’s right to recover the balance due or to pursue any other remedy provided in this
Lease. 
 k. Submission of this instrument for examination shall not constitute a reservation of or option to lease the Premises or in any
manner bind Landlord, and no lease or obligation on Landlord shall arise until this instrument is signed and delivered by Landlord and Tenant. 

l. Any claim, cause of action, liability or obligation arising under the term of this Lease and under the provisions hereof in favor of a
party hereto against or obligating the other party hereto and all of Tenant’s indemnification obligations hereunder shall survive the expiration or any earlier termination of this Lease. 

m. Tenant shall have the maximum exterior signage as approved by the City of Spring Hill codes. All exterior signage shall be approved by the
Landlord. Landlord approves the use of any temporary signage within the city codes. 

  
 20 

 [Signature page follows.] 

IN WITNESS WHEREOF, the parties hereto have executed and sealed this Lease as of the date aforesaid. 

 

			
	LANDLORD:
	
	PETRA REAL ESTATE PARTNERS II, LLC
		
	By:	 	/s/ Henry W. Brockman, Jr.
		
	Title:	 	Managing Partner

  

			
	TENANT:
	
	FRANKLIN SYNERGY BANK
		
	By:	 	/s/ Sarah Meyerrose
		
	Title:	 	EVP/CFO

  
 21 

 EXHIBIT A 

Description of Premises 

All that tract or parcel of land in Williamson County, Tennessee, and being more particularly described as follows: 

Land in Williamson County, Tennessee, being Lot(s) 2, as shown on the map entitled Cadence Crossing Subdivision, of record in Plat Book P63, Page 130,
Scrivener’s Affidavit of record in Book 6750, Page 775, Register’s Office for Williamson County, Tennessee, to which plan reference is hereby made for a more complete and accurate legal description. 

  
 22 

 EXHIBIT B 

Form of Commencement Agreement 

COMMENCEMENT AGREEMENT 

THIS COMMENCEMENT AGREEMENT (this “Agreement”), made and entered into as of this
                 day of
                        , 201    , is by and between PETRA REAL ESTATE PARTNERS II, LLC,
a Tennessee limited liability company, (“Landlord”), and FRANKLIN SYNERGY BANK, a Tennessee banking corporation (“Tenant”). 

A. Tenant and Landlord entered into that certain Triple Net Office Lease Agreement dated
                             (the “Lease”), for certain improved real property municipally
known as                                      located in
Spring Hill, Williamson County, Tennessee, consisting of approximately              rentable square feet, being more particularly described in the Lease; and 

B. The parties desire to precisely establish the Commencement Date as set forth below. 

NOW, THEREFORE, in consideration of the mutual and reciprocal promises herein contained, and pursuant to Section 2 of the Lease, Tenant
and Landlord hereby agree that the Lease is hereby modified as follows: 
 1. The term of the Lease by and between Landlord and Tenant
actually commenced on                                     
(the “Commencement Date”). 
 2. Except as modified and amended by this Agreement, the Lease shall remain in full force and
effect. 
 IN WITNESS WHEREOF, Landlord and Tenant have caused this Agreement to be duly executed, as of the day and year first above written. 

 

									
	LANDLORD:	 		 	TENANT:
			
	PETRA REAL ESTATE PARTNERS II, LLC	 		 	FRANKLIN SYNERGY BANK
					
	By:	 	 	 		 	By:	 	 
					
	Title:	 	 	 		 	Title:	 	 

  
 23 

 EXHIBIT C 

Landlord’s Work and Tenant Improvement Allowance 

Landlord’s Work 

Before the Commencement Date, Landlord shall complete on the Premises construction of the two-story, warm “white box” building shown
on the plans and drawings attached hereto as Exhibit C-1, consisting of approximately 4,211 square feet and shall include base electrical, plumbing, and mechanical systems (the “Landlord’s Work”). Landlord anticipates that
Landlord’s Work shall be complete by October 31, 2017, but Landlord does not guarantee this anticipated completion date and Tenant represents and warrants that it is not relying on this anticipated completion date. Notwithstanding the
foregoing, if Landlord’s Work is not complete by January 1, 2018, Tenant shall have a continuing right to terminate this Lease upon written notice to Landlord, in which event neither party shall have any further obligation to the other
hereunder. 
 Landlord warrants to Tenant that Landlord’s Work shall be completed (i) in a good and workmanlike manner and
(ii) in accordance with the requirements of all applicable laws, codes and ordinances of governmental authorities having jurisdiction over the Premises. Landlord further hereby assigns to Tenant all third-party warranties granted to Landlord in
connection with Landlord’s Work. 
 Tenant Improvement Allowance 

Following completion of Landlord’s Work and delivery of the Premises to Tenant, Landlord shall provide Tenant with an improvement
allowance (the “Tenant Improvement Allowance”) of $30 per square foot of the building constructed under Landlord’s Work. The Tenant Improvement Allowance shall be payable to Tenant no earlier than the Commencement Date. 

  
 24 

 EXHIBIT C-1 

Building Plans and Drawings 

[See attached.] 

  
 25

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