Document:

EX-10.5

 Exhibit 10.5 
 FIRST NBC BANK HOLDING COMPANY 
 STOCK OPTION AGREEMENT 

THIS STOCK OPTION AGREEMENT (“Agreement”), dated as of [—] (the “Date of
Grant”), between First NBC Bank Holding Company (“FNBC”) and [—] (the “Optionee”). 
 1. Grant of Stock Option. FNBC hereby grants to the Optionee, as of the Date of Grant, an option to purchase up to
[—] shares of Common Stock for [—] per share. 

2. Term and Exercise. During the second year after the Date of Grant, the Option may be exercised with respect
to up to one-third of the total number of shares covered; during the third year, up to two-thirds of the shares; during the fourth year, up to 100% of the shares. Notwithstanding the foregoing, the Option shall become immediately exercisable in full
upon Optionee’s death, disability or retirement on or after reaching age 65 (“Retirement”). No fractional shares shall be issued as a result of the exercise of this Option. No Option shall be exercisable after ten years from the Date
of Grant. 
 3. Termination of Option. Upon the tenth anniversary of the Date of Grant
this Option shall terminate, regardless of the extent to which it is exercisable before that date. In addition, upon termination of the Optionee’s employment for any reason the Option, to the extent not previously exercised, shall terminate 15
days from such termination unless Participant dies, in which case the option may be exercised at any time within six months of death. 
 4. Exercise of Option. The Optionee may exercise the Option with respect to all or any part of the number of Option shares then exercisable in the manner
specified in the FNBC Stock Incentive Plan (the “Plan”). On the exercise date or as soon thereafter as is reasonably practicable, FNBC shall cause to be delivered to the Optionee, a certificate or certificates for the Option shares then
being purchased upon full payment for such Option shares. If the Optionee fails to pay for any of the Option shares specified in the notice of exercise, or fails to accept delivery thereof, the Optionee’s right to purchase such shares may be
terminated by FNBC. The date specified in the Optionee’s notice of exercise as the date of exercise shall be deemed to be the date of exercise of the Option, provided that payment in full for the Option shares to be purchased upon such exercise
shall have been received by such date. 
 5. No Rights as a Stockholder. Neither the
Optionee nor any personal representative shall be, or shall have any of the rights and privileges of, a stockholder of FNBC with respect to any shares purchasable upon the exercise of this Option, in whole or in part, prior to the issuance of
certificates for shares of Common Stock to such person. 
 6. Amendment of Option. FNBC
may, without the consent of or further consideration from the Optionee, amend, condition or modify this Option in respect to changes in securities or other laws or rules, regulations or regulatory interpretations thereof applicable to the Option or
to comply with stock exchange rules or requirements. 

 7. Notice. Any notice to FNBC hereunder shall be addressed to it
in care of its Secretary at its main office, and any notice to the Optionee shall be addressed to the Optionee at the current address shown on the records of FNBC. Any notice shall be deemed to be duly given if and when properly addressed and posted
by registered or certified mail, postage prepaid. 
 8. Incorporation of Plan by Reference.
The Option is granted pursuant to the terms of the Plan, which are incorporated herein by reference, and the Option shall in all respects be interpreted in accordance with the Plan. 

9. Governing Law. The validity, construction, interpretation and effect of this Agreement shall exclusively be
governed by and determined in accordance with the laws of the State of Louisiana except to the extent preempted by federal law, which shall to that extent govern. 

IN WITNESS WHEREOF, FNBC has caused its duly authorized person to execute this Agreement, and the Optionee has placed his
or her signature hereon, effective as of the date hereof. 
  

			
	First NBC Bank Holding Company
		
	 By:
	 	 
		 	Chairman of the Board
		 	of Directors

  

	
	ACCEPTED AND AGREED TO:
	
	  
	[—]EX-10.6

 Exhibit 10.6 
 RESTRICTED STOCK AWARD AGREEMENT 
 THIS AGREEMENT is entered into effect as
of [—], between First NBC Bank Holding Company (“FNBCHC”) and First Commerce Corporation, its predecessor, and
[—] (the “Award Recipient”). 
 1.
Conditional Award of Restricted Stock 
 Pursuant to the terms of the Plan, the Award Recipient is hereby awarded, subject
to the other terms, conditions, and restrictions contained herein, [—] shares of Restricted Stock. 
 2. Award Restrictions 
 2.1 The shares of Restricted Stock and the right to
vote them and to receive dividends thereon may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered until such time as the shares vest and the restrictions imposed thereon lapse, on a pro rata basis, as
provided below. 
 2.3 All restrictions on the Restricted Stock issued to the Award Recipient shall immediately lapse and the
shares shall vest (a) if the Award Recipient dies while he is employed by the Company, (b) if the Award Recipient becomes disabled within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, while employed by the
Company, (c) if the Award Recipient retires from employment with the Company on or after attaining the age of 65 or is granted early retirement by a vote of the FNBCHC Board of Directors, or
(d) [—] months after the date the Restricted Stock was awarded. Vesting will occur on a monthly basis with
[—] vested at the end of the month of issuance and [—] each month over the next [—] months. On termination of employment for any other reason all unvested shares will be forfeited. 
 3. Stock Certificates 
 3.1 The stock certificates evidencing the
Restricted Stock issued to the Award Recipient shall be retained by the Award Recipient with a restriction legend. At any time, at the option of the Award Recipient, the restrictive certificate may be surrendered for a certificate (unrestricted) for
vested shares and a certificate with a restrictive legend for the remainder of the award until the termination of the applicable Restricted Period and the lapse of restrictions under the terms hereof. FNBCHC shall place a legend on the stock
certificates restricting the transferability of such shares of Restricted Stock, reading as follows: 
 Any sale, transfer,
encumbrance or other disposition (whether voluntary or involuntary, by gift or otherwise) of the shares represented by this certificate is restricted by the terms of a Restricted Stock Award Agreement dated [—], a copy of which is on file at the principal office of FNBCHC and may be inspected during its regular business hours. 

 3.2 Upon the lapse of restrictions on any shares of Restricted Stock issued to the Award
Recipient, FNBCHC shall upon the request of the Award Recipient cause a stock certificate without a restrictive legend representing such shares of Restricted Stock to be issued in the name of the Award Recipient or his nominee within 30 days after
the end of the Restricted Period. Upon receipt of such stock certificate, the Award Recipient is free to hold or dispose of the shares of Common Stock represented by such certificate subject to applicable securities laws. 

4. Dividends 
 Any dividend declared on FNBCHC on its common shares shall be also paid on all restricted shares, whether vested or unvested. Any dividends paid on the shares of Restricted Stock issued to the Award
Recipient shall be paid to the Award Recipient currently. 
 5. Taxes 

 

	 	5.1	FNBCHC shall have the right to withhold from any payments or stock issuances under the Plan, or to collect as a condition of payment, any taxes required by law to be
withheld. 

  

	 	5.2	Award Recipient may, but is not required to, satisfy his or her withholding tax obligation in whole or in part by electing (the “Election”) to have FNBCHC
withhold, from the shares he or she otherwise would receive, shares of Common Stock having a value equal to the minimum amount required to be withheld. The value of the shares to be withheld shall be based on the Fair Market Value of the Common
Stock on the date that the amount of tax to be withheld shall be determined (the “Tax Date”). Each Election must be made prior to the Tax Date. 

  

	 	5.3	FNBCHC and Award Recipient acknowledge that it was the intention to provide to Award Recipient the value of the restricted shares without taxation on that value.
Accordingly, it is determined that any federal income tax payment or quarterly estimated tax payment that is to be made by Award Recipient, FNBCHC will make a cash payment to Award Recipient sufficient to pay all such taxes plus any taxes on such
cash payment. 

 6. Additional Conditions 

Anything in this Agreement to the contrary notwithstanding, if at any time FNBCHC further determines, in its sole discretion, that the
listing, registration or qualification (or any updating of any document) of the shares of Common Stock issued or issuable pursuant hereto is necessary on any securities exchange or under any federal or state securities or blue sky law, or that the
consent or approval of any governmental regulatory body is necessary or desirable as a condition of, or in connection with, the issuance of shares of Common Stock pursuant hereto, or the removal or any restrictions imposed on such shares, such
shares of Common Stock shall not be issued, in whole or in part, or the restrictions thereon removed, unless such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to
FNBCHC. 

  
 2/3

 7. No Contract of Employment Intended 

Nothing in this Agreement shall confer upon the Award Recipient any right to continue in the employment of the Company or to interfere in
any way with the right of the Company to terminate the Award Recipient’s employment relationship with the Company at any time. 
 8. Binding Effect 
 This Agreement shall inure to the benefit of and be
binding upon the parties hereto and their respective heirs, executors, administrators and successors. 
 9. Inconsistent
Provisions 
 The shares of Restricted Stock covered hereby are subject to the provisions of the Plan. If any provision of
this Agreement conflicts with a provision of the Plan, the Plan provision shall control. 
 IN WITNESS WHEREOF, the
parties hereto have caused this Agreement to be executed as of the day and year first above written. 
  

			
	First NBC Bank Holding Company
		
	By:	 	 
		 	Chairman of the Board
		
		 	 
		 	[—]

  
 3/3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00215-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00215-of-00352.parquet"}]]