Document:

Incentive Stock Option Plan of 1996

 Exhibit (10)(ww) 
 AMERICAN BANCSHARES, INC. AND AMERICAN BANK OF BRADENTON 
 INCENTIVE STOCK OPTION PLAN OF 1996 
 as amended on October 19, 2006 
 1. Purpose of Plan 
 The purpose of this Stock Option Plan (“Plan”) is to aid American Bancshares, Inc. (the
“Corporation”) and American Bank of Bradenton (the “Bank”) in securing and retaining top management key employees of outstanding ability by making it possible to offer them an increased incentive, in the form of a proprietary
interest in the Corporation, to join or continue in the service of the Corporation and/or the Bank and to increase their efforts for its welfare and success. 
 2. Definitions 
 As used in this Plan, the following words shall have the following meanings: 
 (a) “Board” shall mean the Board of Directors of the Corporation; 
 (b) “Code” shall mean the Internal Revenue Code of 1986, as amended; 
 (c) “Common Shares” shall mean the $1.175 par value common shares of American Bancshares, Inc.; 
 (d) “Bank” shall mean American Bank of Bradenton, a Florida banking corporation, which is a wholly-owned subsidiary of American
Bancshares, Inc. ; 
 (e) “Corporation” shall mean American Bancshares, Inc., a Florida corporation with its
principal office located in Bradenton, Florida; 
 (f) “Disability” shall mean the Participant’s inability to
engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than twelve
(12) months; 
 (g) “Incentive Stock Option” shall have the meaning of a stock option to purchase Common
Shares, which is intended to qualify as an incentive stock option defined in Code Section 422; 
 (h) “Key
Employee” shall have the meaning of any person in the regular full-time common law employment of the Corporation or any Subsidiary, as an executive or non-executive officer thereof, who in the opinion of the Board, is or is expected to be
primarily responsible for the management, growth or protection of some part or all of the business of the Corporation; 

 (i) “Option” shall mean an Incentive Stock Option; 
 (j) “Parent” shall have the meaning of the any corporation in an unbroken chain of corporations if each of the corporations own
stock possessing fifty (50%) percent or more of the total combined voting power of all classes of stock in one of the other corporations in such chain; 
 (k) “Participant” shall have the meaning of a person to whom an Option is granted that has not expired and ceased to be
exercisable under the Plan; and 
 (l) “Subsidiary” shall have the meaning of any corporation other than the
Corporation in an unbroken chain of corporations beginning with the Corporation of each of the corporations other than the last corporation in the unbroken chain owns fifty percent (50%) or more of the total combined voting power of all classes
of stock in one of the other corporations in such chain. 
 3. Administration of Plan 
 The Plan shall be administered by the Board. In the event that a director of the Board is eligible to be selected for the grant of an Option during such
membership as a director, such director shall recuse himself and not participate in the discussion or vote on the award of the Option to him. The Board shall have the power and authority to administer, construe, and interpret the Plan, to make rules
for carrying it out and to make changes in such rules. 
 4. Granting of Options and $100,000 Limitation 
 The Board may from time to time grant Options under the Plan to such Key Employees and subject to the limitations of paragraph (a) of Section 7,
for such number of shares as the board may determine after receiving recommendations from the compensation committee or the executive officers of the Corporation and/or Bank that employs the Participant. Subject to the provisions of the Plan, the
Board may impose such terms and conditions as it deems advisable on the grant of an Option. Any of the foregoing to the contrary notwithstanding, the following limitations shall apply to the grant of any Incentive Stock Option: 
 (a) The aggregate fair market value, determined at the time the Incentive Stock Option is granted, of the stock received from the exercise
of options granted hereunder by a Participant for the first time during any calendar year shall not exceed $100,000. 
 (b)
Any Option granted to a Participant, who immediately before such grant owns stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock either of the Corporation or any Subsidiary shall not be an
Incentive Stock Option, unless (i) at the time such Option is granted the Option price per share is not less than one hundred ten percent (110%) of the optioned stock’s then fair market value; and (ii) the Option shall not be

 
exercisable after the expiration of five (5) years from the date of the grant of the Option. 
 5. Terms of Options 
 The terms of each
Option granted under the Plan shall be as determined from time to time by the Board and shall be set forth in an Incentive Stock Option Agreement in a form attached hereto as Exhibit “A” and approved by the Board; provided, however, the
terms of such agreement shall not exceed the following limitations: 
 (a) Subject to paragraph (b) of section 4 with
regard to ten percent (10%) owners, the Option price per share shall not be less than one hundred percent (100%) of the fair market value of the optioned stock at the time the Option is granted. 
 (b) Subject to paragraph (e) of this section, the Option shall be exercisable in whole or in part from time to time during the period
beginning to date of grant of the Option, and ending no later than the expiration of ten (10) years from the date of grant of the Option, unless an earlier expiration date shall be stated in the Option or the Option shall cease to be
exercisable pursuant to paragraph (d) of this Section 5. 
 (c) Payment in full of the Option price for shares
purchased pursuant to an Option shall be made upon exercise of the Option (in whole or in part) and shall be made in cash. 
 (d) If a Participant’s employment with the Corporation or the Bank terminates, the following rules shall apply: 
 (i) If a Participant’s employment with the Corporation or the Bank terminates other than by reason of the Participant’s death, disability or retirement after reaching age 65, the Participant’s Option shall thereupon expire
and cease to be exercisable upon the expiration of the earlier of ten (10) years from the date of grant of the Option, or three (3) months from the date of such termination. 
 (ii) If the Participant’s employment with the Corporation or the Bank terminates by reason of his death, the Participant’s
Option shall terminate and cease to be exercisable upon the expiration of the earlier of ten (10) years from the date of grant of the Option, or one (l) year from the date of death. Such Option may be exercised by the duly appointed
personal representative of the deceased Participant’s estate. 
 (iii) If a Participant’s employment with the
Corporation or the Bank terminates by reason of Disability, the Participant’s Option shall terminate and cease to be exercisable upon the expiration of the earlier of ten (l0) years from the date of grant of the Option, or one (l) year
from the date of such termination in the case of Disability. 

 (iv) If a Participant’s employment with the Corporation or the Bank terminates by
reason of retirement after reaching age 65 (other than for Disability), the Participant’s Option shall expire and cease to be exercisable upon the expiration of the earlier of ten (10) years from the date of grant of the Option, or three
(3) months from the date of such termination. 
 (v) Notwithstanding anything contained herein to the contrary, if a
Participant’s employment with the Corporation or the Bank is terminated for cause (fraud, embezzlement, failure to perform job responsibilities, etc.) as determined by the Board, in the Board’s sole discretion, or if a Participant competes
with the Corporation or the Bank, any Option granted to that Participant shall be immediately revoked and terminated and the Participant shall have no further rights under this Plan. For purposes of this Plan, competition with the Corporation or the
Bank shall include director or indirect ownership of or employment with a financial services business within a 100 mile radius of any office operated by the corporation or any of its subsidiaries. 
 (e) Notwithstanding any other provision herein, the options granted hereunder shall vest and be exercisable on a cumulative basis for
one-third of the shares covered thereby on each of the first three anniversaries of the grant thereof. 
 In the event that the Corporation
has a change of control in which fifty-one percent (51%) or more of the stock of the corporation is acquired or the Corporation is merged or consolidated with another corporation in an acquisition transaction or the Corporation sells
substantially all of the assets of the Corporation, or the Bank is merged or consolidated with another Bank not owned at least 50% by the Corporation or its Subsidiary or the Bank has a change of control in which 51% or more of the stock of the Bank
is acquired or the Bank sells substantially all of its assets, then immediately prior to any such transaction, the vesting schedule set forth above shall not be applicable and the holder of any options granted hereunder shall be 100% vested in such
options, subject to the other terms and conditions herein. 
 6. Exercise of Options 
 The holder of an Option who decides to exercise the Option in whole or in part shall give notice to the Secretary of the Corporation of such exercise in
writing on a form approved by the Board. Any exercise shall be effective as of the date specified in the notice of exercise, but not earlier than the date the notice of exercise and payment in full of the Option price is actually received and in the
hands of the Secretary of the Corporation. 
 7. Limitations and Conditions 
 (a) The total number of Common Shares that may be optioned as Incentive Stock Options under the Plan is One Hundred and Fifty Thousand
(150,000) shares of American Bancshares, Inc.’s $1.175 par value common shares. Such total number of shares may consist, in whole or in part, of unissued shares or 

 
reacquired shares. The foregoing number of shares may be increased or decreased by the events set forth in Section 9. 
 (b) There shall be no limitations on the amount of Common Shares that may be optioned as Incentive Stock Options under the Plan as set
forth in Section 7(a) above, on an annual basis. The amount of shares to be optioned, within the total limitation set forth in Section 7(a) above, shall be determined solely at the discretion of the Board as set forth herein. If there is a
proposed acquisition, merger, change of control or other takeover of the Corporation or the Bank that employs the Participant as defined in Section 5(e) of this Plan, the Board, at its sole discretion, may issue any options authorized under the
Plan but unissued prior to such time. 
 (c) Any shares that have been optioned that cease to be subject to an Option (other
than by reason of exercise of the Option) shall again be available for option and shall not be considered as having been theretofore optioned. 
 (d) No Option shall be granted under the Plan after May 28, 2006 (10 years after the effective date) and the Plan shall terminate on such date, but Options theretofore granted may extend beyond that date in
accordance with the Plan. At the time an Option is granted or amended or the terms or conditions of an Option are changed, the Board may provide for limitations or conditions on the exercisability of the Option. 
 (e) An Option shall not be transferable by the Participant otherwise than by Will or by the laws of descent and distribution. During the
lifetime of the Participant, an Option shall only be exercisable by the Participant. 
 (f) No person shall have any rights of
a stockholder as to shares under option until, after proper exercise of the Option, such shares shall have been recorded on the Corporation’s official stockholder records as having been issued or transferred. 
 (g) The Corporation shall not be obligated to deliver any shares until there has been compliance with such laws or regulations as the
Corporation may deem applicable. The Corporation shall use its best efforts to effect such compliance. In addition to the foregoing and not by way of limitation, the Corporation may require that the person exercising the Option represent and warrant
at the time of such exercise that any shares acquired by exercise are being acquired only for investment and without any present intention to sell or distribute such shares, if, in the opinion of counsel for the Corporation, such a representation is
required under the Securities Act of 1933, as amended, or any other applicable law, regulation or rule of any governmental agency. 

 8. Transfers and Leaves of Absence 
 For the purpose of the Plan: (a) a transfer of a Participant’s employment without an intervening period from the Corporation to a Subsidiary or vice
versa, or from one Subsidiary to another or from Parent to Subsidiary or vice versa, shall not be deemed a termination of employment, and (b) a Key Employee who is granted in writing a leave of absence of no more than ninety (90) days, or
if more than ninety (90) days, which guarantees his employment with the Corporation or the Bank at the end of such leave, shall be deemed to have remained in the employ of the Corporation or the Bank during such leave of absence. 
 9. Stock Adjustments 
 In the event of any
corporate event or transaction, such as a merger, consolidation, share exchange, recapitalization, reorganization, separation, stock dividend, stock split, split-up, spin-off or other distribution of stock or property of the Corporation, combination
of shares, exchange of shares, dividend in kind, or other like change in capital structure or distribution (other than normal cash dividends) to shareholders of the Corporation, the Board, in order to prevent dilution or enlargement of
Participants’ rights under the Plan, shall substitute or adjust, in an equitable manner (including adjustments to avoid fractional shares), the number of Common Shares (i) reserved under the Plan, (ii) available for Incentive Stock
Options, (iii) for which Options may be granted to an individual Participant, and (iv) covered by outstanding Options denominated in stock, (b) the stock prices related to outstanding Options; and (c) the appropriate fair market
value and other price determinations for such Options. In the event of a corporate merger, consolidation, acquisition of property or stock, separation, reorganization or liquidation, the Board shall be authorized to issue or assume Options, whether
or not in a transaction to which Section 424(a) of the Code applies, by means of substitution of new Options for previously issued awards or an assumption of previously issued awards. All adjustments under this Section 9 shall be made in a
manner such that they will not result in a penalty under Section 409A of the Code. Any adjustment, waiver, conversion or other action taken by the Board under this Section 9 shall be conclusive and binding on all Participants, the
Corporation and their successors, assigns and beneficiaries. 
 10. Amendment and Termination 
 (a) The Board shall have the power to amend the Plan, including the power to change the amount of the aggregate fair market value of the
shares for which any Key Employee may be granted Incentive Stock Options under Section 4 to the extent provided in Code Section 422. It shall not, however, except as otherwise provided in the Plan, increase the maximum number of shares
authorized for the Plan, nor change the class of eligible employees to other than Key Employees, nor reduce the basis upon which the minimum Option price is determined, nor extend the period within which Options under the Plan may be granted, nor
provide for an Option that is exercisable during a period of more than ten (10) years from the date it is granted. It shall have no power (without the consent of the person or persons at the time entitled to exercise the Option) to change the
terms and 

 
conditions of any Option after the Option is granted in a manner that would adversely affect the rights of such persons except to the extent, if any,
provided in the Option. 
 (b) The Board may suspend or terminate the Plan at any time. No such suspension or termination
shall affect any Option then in effect. 
 11. No Employment Right 
 The grant of an Option hereunder shall not constitute an agreement or understanding, expressed or implied, on the part of the Corporation, any Parent or
any Subsidiary, to employ the Participant for any specified period and shall not confer upon any employee the right to continue in the employment of the Corporation, any Parent or any Subsidiary, nor affect any right which the Corporation, a Parent
or Subsidiary may have to terminate the employment of such employee. 
 12. Effective Date 
 The Plan is adopted on and shall be effective as of May 28, 1996. 
  

	
	 /s/ Brian M. Watterson

	Secretary of American Bancshares, Inc.
	
	 /s/ Brian M. Watterson

	Secretary of American Bank of Bradenton

 Exhibit A 
 AMERICAN BANCSHARES, INC. AND AMERICAN BANK OF 
 BRADENTONINCENTIVE STOCK OPTION AGREEMENT UNDER INCENTIVE

 STOCK OPTION PLAN OF 1996 
 THIS AGREEMENT, made this      day of             , 19    , by and between AMERICAN BANKSHARES, INC.
(“Corporation”) with its principal office located at 4702 Cortez Road West, Bradenton, Florida, and AMERICAN BANK OF BRADENTON (“Bank”). 
 WITNESSETH: 
 WHEREAS, the Corporation on May 28, 1996, adopted, by action of its Shareholders, the
“AMERICAN BANCSHARES, INC. AND AMERICAN BANK OF BRADENTON INCENTIVE STOCK OPTION PLAN OF 1996” (“Plan”), effective May 28, 1996; and 
 WHEREAS, under such Plan, certain shares of the Corporation are made available for purchase by Key Employees of the Corporation or the Bank which is a subsidiary of the Corporation through the grant of options; and

 WHEREAS, the Participant is an employee of the Bank and is a Key Employee under the Plan, and therefore, eligible for the grant of stock
options thereunder, and 
 WHEREAS, the Board of Directors of the Bank under the Plan has determined that the Participant shall be granted
certain options under the Plan as an incentive to his continued superior performance as an employee of the Bank. 
 NOW, THEREFORE, in
consideration of the foregoing and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto do hereby agree as follows: 
 1. Grant of Option. The Bank and the Corporation hereby grant to the Participant an option (“Option”) to purchase() shares of the $1.175 par value common shares of the Corporation, upon the terms and
conditions set forth below and in the Plan document. The date of such grant is the date of this Agreement. The number of Options specified above in this paragraph shall be adjusted as provided in Section 9 of the Plan. 
 2. Option Price. The Option shall be exercisable at the price of ($) per share, which price has been determined by the Board to be at least
one hundred percent (100%) (or one hundred ten percent (110%) for a 10% shareholder) of the fair market value of such shares as of the date of this Agreement. 
 3. Terms of Purchase. The purchase of any shares pursuant to the Participant’s exercise of the Option shall be for cash, payable in full upon such exercise. 

 4. Period of Options. The Option shall be exercisable over the period described below. 

(a) Earliest Date of Exercise. The Option granted hereby shall become first exercisable as the Option is vested as provided in
Section 5 hereof, provided, however, in no event shall any shares be available for purchase hereunder prior to the date on which the Plan is approved by the stockholders of the Corporation; provided, further, however, in no event shall the
number of shares available for purchase hereunder increase beyond that available on the date of the Participant’s termination of employment with the Corporation (as defined under the Plan), irrespective of the date on which the Option shall
expire under paragraph (b) of this Section 4. 
 (b) Latest Date of Exercise. In no event shall any shares be
available for purchase hereunder and the Option shall expire upon the earlier of (i) ten (10) years from the date of grant of the Option or five (5) years from the date of grant of the Option in case the Participant is already a ten
percent (10%) shareholder of the Corporation, and (ii) (A) in the event of the Participant’s termination of employment with the Corporation or Bank for any reason other than death or Disability (as defined under the Plan), upon
the expiration of three (3) months from the date of such termination; (B) in the event of the Participant’s termination of employment as aforesaid by reason of his disability, upon the expiration of one (1) year from the date of
such termination; or (C) in the event of the Participant’s termination of employment as aforesaid by reason of his death, upon the expiration of one (1) year from his date of death. Notwithstanding anything to the contrary herein, if
the employment of Participant is terminated for cause of if the Participant competes with the Corporation or the Bank as provided in the Plan, this Option is immediately revoked and terminated. 
 (c) Prior Outstanding Options. This Option is exercisable despite the existence of any other incentive option (defined under Code
Section 422) which was granted to the Participant, before the granting of this Option, and which earlier incentive stock option is for the purchase of shares in the Corporation or in a corporation which at the date of grant hereunder is a
Parent (as defined under the Plan) or a Subsidiary (as defined under the Plan) or a predecessor of any such corporations. 
 5.
Vesting. The Options granted hereunder may be exercised by the Participant on a cumulative basis for one-third (1/3) of the shares covered thereby on each of the first three anniversaries of the grant thereof. 
 In the event that the Corporation has a change of control in which fifty-one (51%) percent or more of the stock of the Corporation is acquired or
the Corporation is merged or consolidated with another corporation in an acquisition transaction of the Corporation sells substantially all of the assets of the Corporation, or the Bank which employs the Participant is merged or consolidated with
another Bank not owned at least fifty percent (50%) by the Corporation or its Subsidiary or such Bank has a change of control in which fifty-one percent (51%) or more of the stock of the Bank is acquired or such Bank sells substantially
all of its assets, then immediately prior to any such transaction, the vesting 

 
schedule set forth above shall not be applicable and the holder of any Options granted hereunder shall be one hundred percent (100%) vested in such
Options, subject to the other terms and conditions herein. 
 6. Nontransferability. The Option is not transferable by the
Participant, in whole or in part, to any person, except by Will or by any applicable law of descent and distributions. The Option shall not be exercisable, in whole or in part, during the lifetime of the Participant by any person other than the
Participant. 
 7. Construction. The Options is intended to qualify for treatment as an “incentive stock option” under
Section 422 of the Internal Revenue Code of 1986, as amended, and any questions arising hereunder shall be resolved, where possible, consistent with such intention. This Agreement shall be construed in accordance with the laws of the State of
Florida. 
 8. No Contract of Employment. Neither this Agreement nor the Plan shall be construed to constitute and agreement or
understanding, expressed or implied, on the part of the Corporation or the Bank, or Parent or any Subsidiary, to employ the Participant for any specified period and shall not confer upon any employee the right to continue in the employment of the
Corporation, the Bank, any Parent or any Subsidiary nor affect any right which the Corporation, the Bank, a parent or Subsidiary may have to terminate the employment of such employee. 
 9. Withholding. As a condition to the issuance of shares pursuant to any exercise of this Option, the Participant authorized the Corporation or
the Bank to withholder in accordance with applicable law from any cash compensation payable to him any taxes required to be withheld by the Corporation or the Bank under federal, state or local law as a result of such exercise; provided, however, if
at the time of such exercise no such compensation remains payable, the Participant agrees to remit the amount of any such required withholding, if any, to the Corporation or the Bank. 
 10. Legal Restrictions. This Option may not be exercised if the issuance of shares pursuant to such exercise would constitute a violation of any
applicable federal or state securities or other law or regulation. The person exercising the Option, as a condition to such exercise, shall represent to the Corporation that the shares acquired thereby are being acquired for investment and not with
a present view to distribution or resale, unless counsel for the Corporation is then of the opinion that such representation is not required under the Securities Act of 1933, as amended, or any other applicable law, regulation or rule of any
governmental agency. 
 11. Binding Effect. This Agreement shall be binding upon and insure to the benefit of the Participant and his
heirs, and shall be binding upon the Corporation and the Bank and their successors and assigns. 
 12. Incorporation of Plan. This
Agreement is made pursuant to and is subject to the terms and conditions of the Plan, which terms and conditions are hereby incorporated by reference herein. 

 13. Amendment. This Agreement may be amended by the Corporation at any time (i) if the
Corporation determines, in its sole discretion, that amendment is necessary or advisable in light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or
other law or regulation, which change occurs after the date of this Agreement and by its terms applies to the Agreement; or (ii) other than in the circumstances described in clause (i), with the consent of the Participant. 
 14. Governing Law. This Agreement shall be governed by Florida law, except to the extent preempted by federal law, which shall to that extent
govern. 
 IN WITNESS WHEREOF, by its authorized representative, and the Participant do hereby affix their signatures on the date first
written above. 
  

					
	ATTEST:	  	AMERICAN BANKCSHARES INC.
			
	  
	  	By:	 	  

		  	Printed Name:	 	  

		  	Title:	 	  

		
		  	AMERICAN BANK OF BRADENTON
		  	By:	 	  

		  	Printed Name:	 	  

		  	Title:	 	  

		
		  	EXECUTIVE:
		  	  

		  	Printed Name:1999 Stock Option and Equity Incentive Plan

 Exhibit (10)(xx) 
 AMERICAN BANCSHARES, INC. 
 1999 STOCK OPTION AND EQUITY INCENTIVE PLAN 
 as amended on October 19, 2006 
 ARTICLE I 
 The Plan 
 1.1 Establishment of the Plan. American Bancshares, Inc., a Florida corporation (the “Company”), hereby establishes the “American Bancshares, Inc. 1999 Stock Option and Equity Incentive Plan” (hereinafter referred
to as the “Plan”). The Plan permits the grant of incentives in the form of Nonqualified Stock Options, Incentive Stock Options, Reload Options, Stock Appreciation Rights, Restricted Stock, or Unrestricted Stock Awards, and any combination
thereof. Unless otherwise defined, all capitalized terms have the meaning ascribed to them in Article II. 
 1.2 Purpose. The purpose
of the Plan is to advance the interests of the Company and its shareholders by offering officers, employees, and directors incentives that will promote the identification of their personal interests with the long-term financial success of the
Company and with growth in shareholder value. The Plan is designed to strengthen the Company’s ability to recruit, attract, and retain, highly qualified managers, consultants, and staff, and qualified and knowledgeable independent directors
capable of furthering the future success of the Company by encouraging the ownership of Shares by such employees and directors and to strengthen the mutuality of interest between employees and directors, on one hand, and the Company’s
shareholders, on the other hand. The equity investments granted under the Plan are expected to provide employees with an incentive for productivity and to provide both employees and directors with an opportunity to share in the growth and value of
the Company. 
 ARTICLE II 
 Definitions 
 As used in this Plan, unless the context otherwise requires, the following capitalized terms are defined as
follows: 
 2.1 “Award” shall mean any award under this Plan of any Stock Option, Reload Options, SARs, Restricted Stock, or
Unrestricted Stock Awards. Each separate grant of a Stock Option, Reload Option, an SAR, Restricted Stock, or an Unrestricted Stock Award to an Employee or a Director, and each group of Stock Options, Reload Options, SARs, Restricted Stock, or an
Unrestricted Stock Award which mature on a separate date is treated as a separate Award. 
 2.2 “Award Agreement” means the written
agreement between the Company and a Participant implementing the grant of, and evidencing and reflecting the terms of, an Award. 
 2.3
“Board” or “Board of Directors” means the Board of Directors of the Company, as constituted from time to time. 

 2.4 “Cause” means a determination by the Board of Directors that a Participant has:
(a) engaged in any type of disloyalty to the Company, including without limitation fraud, embezzlement, theft, or dishonesty in the course of his or her employment or service, or has otherwise breached a duty owed to the Company, (b) been
convicted of a misdemeanor involving moral turpitude or a felony, (c) pled nolo contendere to a felony, (d) disclosed trade secrets or confidential information of the Company to unauthorized parties, except as may be required by law, or
(e) materially breach any material agreement with the Company, unless such agreement was materially breached first by the Company. 
 2.5 “Change of Control” shall have the meaning set forth in Section 9.2 of this Plan. 
 2.6 “Code” means
the Internal Revenue Code of 1986, as amended, and the rules and regulations thereunder. Reference to any provision of the Code or rule or regulation thereunder shall be deemed to include any amended or successor provision, rule, or regulation.

 2.7 “Committee” means the committee appointed by the Board in accordance with Section 3.1 of the Plan, if one is appointed,
to administer this Plan. If no such committee has been appointed, the term Committee shall refer to the Board of Directors. 
 2.8
“Common Shares” or Shares” means the common shares, $1.175 par value per share, of the Company. 
 2.9 “Company”
shall mean American Bancshares, Inc., or any successor thereto as provided in Section 13.8 hereto. 
 2.10 “Date of Exercise”
means the date on which the Company receives notice of the exercise of a Stock Option in accordance with the terms of Article VII of this Plan. 
 2.11 “Date of Grant” or “Award Date” shall be the date on which an Award is made by the Committee under this Plan. Such date shall be the date designated in a resolution adopted by the Committee pursuant to which the
Award is made; provided, however, that such date shall not be earlier than the date of such resolution and action thereon by the Committee. In the absence of a date of grant or award being specifically set forth in the Committee’s resolution,
or a fixed method of computing such date, then the Date of Grant shall be the date of the Committee’s resolution and action. 
 2.12
“Director” means any person who is a member of the Board of Directors. 
 2.13 “Employee” means any person who is an
officer or full-time employee of the Company or any of its Subsidiaries and who receives from it regular compensation (other than pension, retirement allowance, retainer, or fee under contract). An Employee does not include independent contractors
or temporary employees. 
 2.14 “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time. 

 

 2 

 2.15 “Exercise Period” means the period during which a Stock Option or a SAR may be exercised.

 2.16 “Exercise Price” means the price for Shares at which a Stock Option may be exercised. 
 2.17 “Fair Market Value” of a Common Share on a particular date shall be the closing price for a Common Share as quoted on the National
Association of Securities Dealers Automated Quotation System National Market (“Nasdaq-NMS”), or any national securities exchange on which the Common Shares are listed (as reported by the Wall Street Journal or, if not reported thereby, any
other authoritative source selected by the Committee), or if there is no trading on that date, on the next preceding date on which there were reported share prices. If the Common Shares are quoted on any other inter-dealer quotation system (but not
quoted by Nasdaq-NMS or any national securities exchange), then the Fair Market Value per Common Share on a particular date shall be the mean of the bid and asked prices for a Common Share as reported in the Wall Street Journal or, if not reported
thereby, any other authoritative source selected by the Committee. If the Common Shares are not quoted by the Nasdaq-NMS or any other inter-dealer quotation system, and are not listed on any national securities exchange, then the “Fair Market
Value” of a Common Share shall be determined by the Committee pursuant to any reasonable method adopted by it in good faith for such purpose. In the case of an Incentive Stock Option, if the foregoing method of determining the fair market value
is inconsistent with Section 422 of the Code, “Fair Market Value” shall be determined by the Committee in a manner consistent with the Code and shall mean the value as so determined. 
 2.18 “Incentive Stock Option” or “ISO” means any Stock Option awarded under this Plan intended to be and designated as an incentive
stock option within the meaning of Section 422 of the Code. 
 2.19 “Non-Employee Director” shall have the meaning as set
forth in, and interpreted under, Rule 16b-3(b) (3) promulgated by the SEC under the Exchange Act, or any successor definition adopted by the SEC. 
 2.20 “Nonqua1ified Stock Option” means any Stock Option awarded under this Plan which is not an Incentive Stock Option. 
 2.21 “Participant” means each Employee or Director to whom an Award has been granted under this Plan. 
 2.22 “Payment Shares” shall have the meaning set forth in Section 6.8(c) of this Plan. 
 2.23 “Person”
shall mean an individual, partnership, corporation, limited liability company or partnership, trust, joint venture, unincorporated association, or other entity or association. 
  

 3 

 2.24 “Plan” means this American Bancshares, Inc. 1999 Stock Option and Equity Incentive Plan as
defined in Section 1.1 hereof. 
 2.25 “Related Option” means an Incentive Stock Option or a Nonqualified Stock Option granted
in conjunction with the grant of a Stock Acquisition Right. 
 2.26 “Reload Option” shall have the meaning set forth in
Section 6.12 of this Plan. 
 2.27 “Restricted period” shall have the meaning set forth in Section 8.3(b) of the Plan.

 2.28 “Restricted Stock” shall mean the Award of Common Shares to a Participant pursuant to Article VIII of this Plan.

 2.29 “SEC” means the Securities and Exchange Commission. 
 2.30 “Securities Act” means the Securities Act of 1933, as amended from time to time. 
 2.31 “Stock Appreciation Right” or “SAR” means an Award designated as a Stock Appreciation Right, granted to a Participant pursuant
to Article VII of this Plan. 
 2.32 “Stock Option” means any Incentive Stock Option or Nonqualified Stock Option to purchase
Common Shares that is awarded under this Plan, or a Reload Option. 
 2.33 “Subsidiary” or “Subsidiaries” means any
corporation or corporations other than the Company organized under the laws of the United States or any other jurisdiction that the Board of Directors designates, in an unbroken chain of corporations beginning with the Company if each corporation
other than the last corporation in the unbroken chain owns more than 50% of the total combined voting power of all classes of stock in one of the other corporation in such chain. 
 2.34 “Unrestricted Stock Award” means an Award of Shares pursuant to Section 8.9 of this Plan. 
 ARTICLE III 
 Administration of the Plan

 3.1 The Committee. This Plan shall be administered by the Committee, subject to such terms and conditions as the Board may
prescribe from time to time. Pursuant to applicable provisions of the Company’s Amended and Restated Articles of Incorporation and Amended and Restated Bylaws, the Committee, which shall be appointed by the Board, shall consist of no fewer than
two (2) members of the Board. Members of the Committee shall serve for such period of time as the Board may determine. From time to time the Board may increase the size of the Committee and appoint additional members, remove members (with or
without cause) and appoint new members, fill vacancies however caused, and remove all members and thereafter directly administer the Plan. During such times as the Company’s Common Shares are registered under the Exchange Act, all members of
the Committee shall be Non-Employee Directors and “outside directors” as defined under Section 162(m) (4) (C) (i) of the Code. 
  

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 3.2 Duties and Powers of the Committee. Subject to the express provisions of this Plan, the
Committee shall have all the power and authority to, and shall be authorized to take any and all actions required, necessary, or desirable to administer the Plan. In addition to any other powers, subject to the provisions of the Plan, the Committee
shall have the following powers: 
 (a) to select the Employees and Directors to whom Awards may from time to time be granted
pursuant to this Plan; 
 (b) to determine all questions as to eligibility; 
 (c) to determine the number of Common Shares to be covered by each Award granted under this Plan; 
 (d) subject to the limitations set forth in Section 4.1 of this Plan, to determine whether and to what extent Incentive Stock
Options, Nonqualified Stock Options, SARs, Reload Options, Restricted Stock, and Unrestricted Stock Awards, or any combination thereof, are to be granted or awarded hereunder; 
 (e) to determine the terms and conditions (to the extent not inconsistent with this Plan) of any Award granted hereunder, all provisions
of each Award Agreement, which provisions need not be identical (including, but not limited to, the Exercise Price, the Exercise Period, any restriction or limitation, any vesting schedule or acceleration thereof, or any forfeiture restrictions or
waiver thereof, regarding any Stock Option or other Award and the Common Shares relating thereto, based on such factors as the Committee shall determine, in its sole discretion); 
 (f) to determine whether, and to what extent, and under what circumstances grants of Stock Options and other Awards under this Plan are to
operate on a tandem basis and/or in conjunction with or apart from other cash awards made by the Company outside of this Plan; 
 (g) to determine whether and under what circumstances a Stock Option may be settled in cash, Common Shares (other than Restricted Stock), or any combination thereof under Section 6.8 of this Plan. 
 (h) to determine whether, and to what extent, and under what circumstances Common Shares under this Plan shall be deferred either
automatically or at the election of the Participant; 
 (i) to prescribe, amend, waive, or rescind rules or regulations
relating to the Plan’s administration; 
 (j) to accelerate the vesting or Exercise Date of any Award, or to waive
compliance by a holder of an Award of any obligation to be performed by such holder or the terms and conditions of an Award; 
  

 5 

 (k) to construe and interpret the provisions of the Plan or any Award Agreement;

 (l) To amend the terms of previously granted Awards so long as the terms as amended are consistent with the terms of the
Plan and provided that the consent of the Participant is obtained with respect to any amendment that would be detrimental to the Participant; 
 (m) require, whether or not provided for in the pertinent Award Agreement, of any person exercising a Stock Option, or otherwise receiving an Award, at the time of such exercise or receipt, the making of any
representations or agreements that the Board of Directors or Committee may deem necessary or advisable in order to comply with the securities laws of the United States or of any applicable jurisdiction; 
 (n) to delegate to an appropriate officer of the Corporation the authority to select Employees for Awards and to recommend to the
Committee the components of the Award to each, including vesting requirements, subject in each case to final approval by the Committee of the selection of the Employee and the Award; 
 (o) to authorize any person to execute on behalf of the Company any instrument required to effectuate an Award or to take such other
actions as may be necessary or appropriate with respect to the Company’s rights pursuant to Awards or agreements relating to the Awards or the exercise thereof; and 
 (p) to make all other determinations and take all other actions necessary or advisable for the administrations of the Plan. 
 3.3 Awards to Members of the Committee. Each Award granted to a Director or members of the Committee shall be approved by the entire Board of
Directors and shall be evidenced by minutes of a meeting or the written consent of the Board of Directors and an Award Agreement. 
 3.4
Requirements Relating to Section 162(m) of the Code. Any provision of this Plan notwithstanding: (a) transactions with respect to persons whose remuneration is subject to the provisions of Section 162(m) of the Code shall
conform to the requirements of Section 162(m)(4)(C) of the Code unless the Committee determines otherwise; (b) the Plan is intended to give the Committee the authority to grant Awards that qualify as performance-based compensation under
Section 162(m)(4)(C) of the Code as well as Awards that do not qualify; and (c) any provision of the Plan that would prevent the Committee from exercising the authority referred to in Section 3.4(b) of this Plan or that would prevent
an Award that the Committee intends to qualify as performance-based compensation under Section 162(m)(4)(C) of the Code from so qualifying shall be administered, interpreted, and construed to carry out the Committee’s intention and any
provision that cannot be so administered, interpreted, and construed shall to that extent be disregarded. 
  

 6 

 3.5 Decisions Final and Binding. All decisions, determinations, and actions taken by the
Committee, and the interpretation and construction of any provision of the Plan or any Award Agreement by the Committee shall be final, conclusive, and binding, unless otherwise determined by the Board. 
 3.6 Limitation on Liability. Notwithstanding anything herein to the contrary, except as otherwise provided under applicable Florida law, no member
of the Board of Directors or of the Committee shall be liable for any good faith determination, act, or failure to act in connection with the Plan or any Award hereunder. 
 ARTICLE IV 
 Shares Subject to the Plan 
 4.1 Number of Shares. Subject to adjustment as provided in Section 4.4, the maximum aggregate number of Shares that may be issued under this
Plan shall not exceed 250,000 Shares, which Shares may be either authorized but unissued Shares or Shares issued and thereafter reacquired by the Company. Subject to Section 4.4, the maximum aggregate number of Shares or SARs which may be
awarded and issued under the Plan to the Non-Employee Directors as a group is 50,000 Common Shares. Stock Options awarded under the Plan may be either Incentive Stock Options or Nonqualified Stock Options, as determined by the Committee. Except as
provided in Sections 4.2 and 4.3 of this Plan, Shares issued upon the exercise of an Award granted pursuant to the Plan shall not again be available for the grant of an Award hereunder. 
 4.2 Lapsed Awards or Forfeited Shares. If any Award granted under this Plan shall terminate, expire, lapse, or be cancelled for any reason without
having been exercised in full, or if Shares or Restricted Stock are forfeited, any unissued or forfeited Shares which had been subject to the Award Agreement relating thereto shall again become available for the grant of an Award under this Plan;
provided, that in the case of forfeited Shares, the grantee has received no dividends or other distributions prior to forfeiture with respect to the Shares. 
 4.3 Delivery of Shares as Payment. In the event a Participant pays the Exercise Price for Shares pursuant to the exercise of an Stock Option with previously acquired Shares, the number of Shares available for
future Awards under the Plan shall be reduced only by the net number of new Shares issued upon the exercise of the Stock Option. Notwithstanding anything to the contrary herein, no fractional Shares will be delivered under the Plan. 
 4.4 Capital Adjustments. In the event of any corporate event or transaction, such as a merger, consolidation, share exchange, recapitalization,
reorganization, separation, stock dividend, stock split, split-up, spin-off or other distribution of stock or property of the Company, combination of shares, exchange of shares, dividend in kind, or other like change in capital structure or
distribution (other than normal cash dividends) to shareholders of the Company, the Committee, in order to prevent dilution or enlargement of Participants’ rights under the Plan, shall substitute or adjust, in an equitable manner (including
adjustments to avoid fractional shares), the number of Common Shares (i) reserved under the Plan, (ii) available for Incentive Stock Options or Restricted Stock, 

  

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(iii) for which Awards may be granted to an individual Participant, and (iv) covered by outstanding Awards denominated in stock, (b) the stock
prices related to outstanding Awards; and (c) the appropriate Fair Market Value and other price determinations for such Awards. In the event of a corporate merger, consolidation, acquisition of property or stock, separation, reorganization or
liquidation, the Committee shall be authorized to issue or assume Awards, whether or not in a transaction to which Section 424(a) of the Code applies, by means of substitution of new Awards for previously issued awards or an assumption of
previously issued awards. All adjustments under this Section 4.4 shall be made in a manner such that they will not result in a penalty under Section 409A of the Code. Any adjustment, waiver, conversion or other action taken by the
Committee under this Section 4.4 shall be conclusive and binding on all Participants, the Company and their successors, assigns and beneficiaries. 
 ARTICLE V 
 Eligibility 
 Awards may be made to any Employee or Director except that (a) only Employees (including Directors who are also Employees) may receive an Incentive Stock Options; and (b) the grant of Awards to Directors
must comply with Section 3.3. A Participant who has been granted an Award may be granted additional Awards; provided, however, that grants of Awards to Non-Employee Directors are subject to the limitations in Section 4.1. 
 ARTICLE VI 
 Stock Options 

6.1 Stock Options. Stock Options may be granted alone or in addition to other Awards granted under this Plan. Each Stock Option granted under
this Plan shall be either an Incentive Stock Option or a Nonqualified Stock Option. 
 6.2 Grant of Stock Options. 
 (a) Subject to the terms and provisions of this Plan, the Committee shall have the authority to grant to any Participant one or more
Incentive Stock Options, Nonqualified Stock Options, or both kinds of Stock Options. Subject to Section 4.1 and Article V, the Committee has complete and sole discretion in determining the number of Shares subject to Stock Options granted to a
Participant; provided, however, that the aggregate Fair Market Value (determined at the time the Award is made) of Shares with respect to which a Participant may first exercise ISOs granted under the Plan during any calendar year may not exceed
$100,000 or such amount as shall be specified under Section 422 of the Code and the rules and regulations promulgated thereunder. To the extent that any Stock Option does not qualify as an Incentive Stock Option (whether because of its
provisions or the time and manner of its exercise or otherwise), such Stock Options or portion thereof which does not qualify shall constitute a Nonqualified Stock Option. Stock Options granted at different times need not contain similar provisions.

  

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 (b) Non-Employee Directors may only be granted Stock Options under this Article VI which
are Nonqualified Stock Options. 
 6.3 Incentive Stock Options. Anything in the Plan to the contrary notwithstanding, no term of this
Plan relating to Incentive Stock Options shall be interpreted, amended, or altered, nor shall any discretion or authority granted under this Plan be so exercised, so as to disqualify the Plan under Section 422 of the Code, or, without the
consents of the Participants affected, to disqualify any Incentive Stock Option under Section 422 of the Code. 
 6.4 Award
Agreement. Each Stock Option granted under this Plan shall be evidenced by an Award Agreement between the Company and the Participant in accordance with Section 6.2 that specifies the Exercise Price, the Exercise Period, the number of
Shares to which the Stock Option pertains, method of exercise and the form of consideration payable therefor, any vesting requirements, any conditions imposed upon the exercise of the Stock Options in the event of retirement, death, disability, or
other termination of service, and such other provisions and conditions, not inconsistent with this Plan, as the Committee may determine. Each Award Agreement relating to a grant of Stock Options shall clearly specify whether the Stock Option is
intended to be an Incentive Stock Option within the meaning of Section 422 of the Code, or a Nonqualified Stock Option not intended to be within the provisions of Section 422 of the Code. 
 6.5 Exercise Price. The Exercise Price per Share purchasable under any Stock Option granted under this Plan shall be determined by the Committee
at the Date of Grant, subject to the following limitations: 
 (a) In the case of a Stock Option intended to be an Incentive
Stock Option, the Exercise Price shall not be less than 100% of the Fair Market Value of the Common Shares on the Date of Grant or, in the case of any optionee who, at the time such Incentive Stock Option is granted, owns Common Shares possessing
more than 10% of the total combined voting power of all classes of stock of the Company or of its parent corporation or Subsidiaries, not less than 110% of the of the Fair Market Value of the Common Shares on the Date of Grant. 
 (b) In the case of a Stock Option intended to be a Nonqualified Stock Option, the Exercise Price shall not be less than 85% of the Fair
Market Value of the Common Shares on the Date of Grant. 
 (c) In no event shall the Exercise Price of any Stock Option be
less than the par value of the Common Shares. 
 6.6 Exercise Period. The Exercise Period of each Stock Option granted shall be fixed
by the Committee and shall be specified in the Award Agreement; provided however, that no Incentive Stock Option shall be exercisable later than ten years after the Award Date, and no Incentive Stock Option which is granted to any optionee who, at
the time such Stock Option is granted owns stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of its parent corporation or Subsidiaries, shall be exercisable after the expiration of five years
from the Award Date. 
  

 9 

 6.7 Exercise of Stock Options. Stock Options granted under the Plan shall be exercisable at such
time or times and be subject to such terms and conditions as shall be set forth in the Award Agreement (as may determined by the Committee at the time of such grant), which need not be the same for all Participants. Such terms and conditions may
include performance criteria with respect to the Company or the Participant, and as shall be permissible under the other terms of the Plan. No Stock Option, however, shall be exercisable until the expiration of the vesting period set forth in the
Award Agreement, except such limitation shall not apply (i) in the case of death, disability, or retirement of a Participant covered by Sections 6.10(a), (b), or (c) hereof, (ii) a termination of service covered by the last sentence
of Section 6.l0(e) hereof, or (iii) as set forth in Article IX of this Plan. To the extent that no vesting conditions are stated in the Award Agreement, the Stock Options represented thereby shall be fully vested at the Date of Grant.

 6.8 Method of Exercise. 
 (a) Subject to the provisions of the Award Agreement, Stock Options may be exercised in whole at any time or in part from time to time with respect to whole Shares only, during the Exercise Period by the delivery to
the Company of a written notice of intent to exercise the Stock Option, in such form as the Committee may prescribe, setting forth the number of Shares with respect to which the Stock Option is to be exercised. The Exercise Price, which shall
accompany the written notice of exercise, shall be payable to the Company in full (along with the taxes described in the last sentence of this Section 6.8) by the Participant who, if so provided in the Award Agreement, may: (i) deliver
cash or a check (acceptable to the Committee in accordance with guidelines established for this purpose) in satisfaction of all or any part of the Exercise Price; (ii) deliver or cause to be withheld from the Stock Option, Shares (except for
Restricted Shares) valued at Fair Market Value on the Date of Exercise in satisfaction of all or any part of the Exercise Price, or (iii) any combination of cash and Shares, or (v) any other consideration and method of payment permitted
under any laws to which the Company is subject, in each such case as the Committee may determine. In addition to and at the time of payment of the Exercise Price, the Participant shall pay to the Company in cash the full amount of all federal and
state withholding or other employment taxes applicable to the taxable income of the Participant resulting from such exercise. 
 (b) If the Exercise Price is to be paid by the surrender of previously acquired and owned Common Shares, the Participant will make representations and warranties satisfactory to the Company regarding his title to the Common Shares used to
effect the purchase (the “Payment Shares”), including without limitation, representations and warranties that the Participant has good and marketable title to such Payment Shares free and clear of any and all liens. Encumbrances, charges,
equities, claims, security interests, options or restrictions, and has full power to deliver such Payment Shares without obtaining the consent or approval of any person or governmental authority other than those which have already given consent or
approval in a manner satisfactory to the Company. If such Payment Shares were acquired upon previous exercise of Incentive Stock Options granted within two years prior to the exercise of the Stock Option or 

  

 10 

 
acquired by the Participant within one year prior to the exercise of the Stock Option, such Participant shall be required, as a condition to using the
Payment Shares in payment of the Exercise Price of the Stock Option, to acknowledge the tax consequences of doing so, in that such previously exercised Incentive Stock Options may have by such action, lost their status as Incentive Stock Options,
and the Participant may recognize ordinary income for tax purposes as a result. In no event can Restricted Stock be used as Payment Shares. 
 6.9 Transfer Restrictions. Neither the Stock Options granted under the Plan nor any rights or interest in such Stock Options may be sold, pledged, hypothecated, assigned, or otherwise disposed of or transferred by such Participant,
other than by will or by the laws of descent and distribution. Except as permitted by the Committee, during the lifetime of Participant to whom a Stock Option is granted the Stock Options shall be exercisable only by him or her or, in the event of
the Participant’s permanent and total disability as determined by the Committee in accordance with applicable Company policies, by his or her legal representative. 
 6.10 Termination of Stock Options. 
 (a) Termination by Death. If a
Participant’s employment by the Company or its Subsidiaries, or his or her service as a Non-Employee Director terminates by reason of death, any Stock Option held by such Participant, unless otherwise determined by the Committee at grant, shall
be fully vested and, subject to the limitations of Section 6.11 with respect to Incentive Stock Options, may thereafter be exercised by the legal representative of the estate or by a person who acquires the right to exercise such Stock Options
by bequest or inheritance, for a period of one year (or such other period as the Committee may specify at grant) from the date of such death or until the end of the Expiration Period of such Stock Option, whichever period is shorter. 
 (b) Termination by Disability. If a Participant’s employment by the Company or its Subsidiaries, or his or her service as a
Non-Employee Director terminates by reason of permanent and total disability, as determined by the Committee in accordance with applicable Company personnel policies, any Stock Options held by such Participant, unless otherwise determined by the
Committee at grant, shall be fully vested and, subject to the limitations of Section 6.11 with respect to Incentive Stock Options, may thereafter be exercised by the Participant or his or her legal representative for a period of one year (or
such other period as the Committee may specify at grant) from the date of such termination of employment or until the end of the Expiration Period of such Stock Option, whichever period is shorter; provided, however, that, if the Participant dies
within such one year period (or such other period as the Committee may specify at grant), any unexercised Stock Options held by such Participant shall thereafter be exercisable to the extent to which it was exercisable at the time of death for a
period of one year from the date of death or until the end of the Expiration Period of such Stock Option, whichever period is shorter. In the event of termination of employment by reason of permanent and total disability, as determined by the
Committee in accordance with applicable Company personnel policies, if an Incentive Stock Option is exercised after the expiration of the exercise periods that apply for purposes of Section 422 of the Code (currently one year from such
termination), such Stock Option will thereafter be treated as a Nonqualified Stock Option. 
  

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 (c) Termination by Retirement. If an Employee Participant’s employment by the
Company or its Subsidiaries, or his or her service as a Non-Employee Director terminates by reason of normal or late retirement under any retirement plan of the Company or its Subsidiaries or, with the consent of Committee, any Stock Options held by
such Participant, unless otherwise determined by the Committee at grant, shall be fully vested and, subject to the limitations of Section 6.11 with respect to Incentive Stock Options, may thereafter be exercised by the Participant or his or her
legal representative for a period of one year (or such other period as the Committee may specify at grant) from the date of such termination of employment or until the end of the Expiration Period of such Stock Option, whichever period is shorter;
provided, however, that, if the Participant dies within such one year period (or such other period as the Committee may specify at grant), any unexercised Stock Options held by such Participant shall thereafter be exercisable to the extent to which
it was exercisable at the time of death for a period of one year from the date of death or until the end of the Expiration Period of such Stock Option, whichever period is shorter. In the event of termination of employment by reason of retirement
pursuant to any retirement plan of the Company or its Subsidiaries or with the consent of the Committee, if an Incentive Stock Option is exercised after the expiration of the exercise periods that apply for purposes of Section 422 of the Code
(currently three months from such termination), such Stock Option will thereafter be treated as a Nonqualified Stock Option. 
 (d) Other Termination of Employee. Unless otherwise determined by the Committee at or after grant and except as provided in Section 9.1 hereof, if an Employee Participant’s employment by the Company terminates for any
reason other than death, disability, or retirement covered by Sections 6.10 (a), (b), or (c) of this Plan: (i) any Stock Options that were not exercisable at the date of such termination (which date shall be determined by the Committee in
its sole discretion) will expire automatically, and (ii) any exercisable Stock Options will remain exercisable only for the lesser of three months or the balance of such Stock Option’s Exercise Period; provided, however, that the
participant was not involuntarily terminated by the Company for Cause. Notwithstanding any other provision of this Plan except for Section 9.1 hereof, upon termination of a Participant’s employment within the Company or any of its
Subsidiaries for Cause, all of the Participant’s unexercised Stock Options will terminate immediately upon the date of such termination (which date shall be determined by the Committee in its sole discretion) and the participant shall forfeit
all Shares for which the Company has not yet delivered share certificates to the Participant. In such event, the Company shall refund to the Participant the Exercise Price paid to it, if any, in the same form as it was paid (or in cash at the
Company’s discretion). The Company may withhold delivery of share certificates pending resolution of any inquiry that could lead to a finding that a termination of a participant’s employment was for Cause. 
 (e) Resignation of Director. Except as covered by Sections 6.10(a), (b), or (c) of this Plan, if a Participant serving as a
Non-Employee Director terminates his or her service by resigning from the Board of Directors of the Company or by failing to run for 

  

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election to an additional term as a Director after being offered nomination for such additional term by a nominating or similar committee of the Board of
Directors (or in lieu of such Committee, by the entire Board of Directors), (i) any Stock Options that were not exercisable at the date of such termination will expire automatically, and (ii) any exercisable Stock Options held by such
Participant may thereafter be exercised by the Participant for a period of three months from the date of such resignation or, in the case of a failure to run for an additional term, the date of the shareholder meeting at which such election of
Directors takes place, or until the end of the Exercise Period of such Stock Option, whichever period is shorter (or such other period as the Committee may specify at grant). If a Participant serving as Non-Employee Director does not resign and is
not offered nomination for an additional term, all Stock Options shall immediately vest on the date of the shareholder meeting at which such election of Directors takes place and the Participant thereafter is no longer a Director, and such Stock
Options shall be exercisable until the end of the Exercise Period for such Stock Options. 
 6.11 Incentive Stock Option Limitations.

 (a) To the extent that the aggregate Fair Market Value (determined as of the Date of Grant) of the Common Shares with
respect to which Incentive Stock Options are exercisable for the first time by a Participant during any calendar year under the Plan and/or any other stock option plan of the Company or any Subsidiary or parent corporation (within the meaning of
Section 425 of the Code) exceeds $100,000, such Stock Options shall be treated as Stock Options which are not Incentive Stock Options. 
 (b) To the extent (if any) permitted under Section 422 of the Code, or the applicable rules and regulations promulgated thereunder or any applicable Internal Revenue Service pronouncement, if (i) a
Participant’s employment with the Company or any Subsidiary is terminated by reason of death, disability, or retirement covered by Section 6.10(a), (b), or (c) of this Plan, and (ii) the portion of the Incentive Stock Option that
is otherwise exercisable during the post-termination period specified under Sections 6.10(a), (b), or (c), applied without regard to the $100,000 limitation currently contained in Section 422(d) of the Code, is greater than the portion of the
Stock Option that is immediately exercisable as an II incentive stock option” during such post-termination period under Section 422 of the Code, such excess shall be treated as a Nonqualified Stock Option. 
 (c) In the event that the application of any of the provisions of Section 6.11 (a) or (b) of this Plan not be necessary in
order for Stock Options to qualify as Incentive Stock Options, or should additional provisions be required, the Committee may amend the Plan accordingly, without the necessity of obtaining the approval of the shareholders of the Company. 

6.12 Reload Options. 
 (a) Without any way limiting the authority of the Committee to make grants hereunder, and in order to induce Employees and Directors to retain ownership of the Common Shares, concurrently with the award of Stock Options the Committee shall
have the authority (but not the obligation) to include in any Award Agreement a 

  

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provision entitling the optionee to a further reload option (a “Reload Option”) in the event the optionee exercises the Stock Option evidenced by
such Award Agreement, in whole or in part, by surrendering other Common Shares in accordance with the Plan and the Award Agreement as payment for the Exercise Price. The number of Reload Options shall equal: (i) the number of Common Shares
surrendered in payment of the Exercise Price of the underlying Stock Option, and (ii) to the extent authorized by the Committee, the number of Common Shares used to satisfy any tax withholding requirement incident to the exercise of the
underlying Stock Options. The grant of the Reload Option will become effective upon the exercise of the underlying Stock Options or Reload Options through the use of Common Shares held by the optionee at least 12 months. Notwithstanding the fact
that the underlying Stock Option maybe an Incentive Stock Option, a Reload Option is not intended to qualify as an “Incentive Stock Option” under Section 422 of the Code. 
 (b) Each Award Agreement shall state whether the Committee has authorized Reload Options with respect to the underlying Stock Options.
Upon the exercise of an underlying Stock Option or other Reload Option, the Reload Option will be evidenced by an amendment to the underlying Award Agreement. 
 (c) The Exercise Price per Common Share deliverable upon exercise of a Reload Option shall be the Fair Market Value per Common Share on
the date the grant of the Reload Option becomes effective. 
 (d) Each Reload Option shall be fully exercisable six months
from the date the grant of the Reload Option becomes effective. The term of each Reload Option shall be equal to the remaining Exercise Period of the underlying Stock Option. 
 (e) No additional Reload Options shall be granted to any optionee upon exercise of Stock Options or Reload Options following any
termination of employment covered by Section 6.10 of this Plan or the termination of services on the Board by a Non-Employee Director optionee. 
 6.13 Buy-Out and Settlement Provisions. The committee may at any time offer to buy-out a Stock Option previously granted, based on such terms and conditions as the Committee shall establish and communicate to
the Participant at the time that such offer is made. 
 6.14 No Rights as Shareholder. No Participant or transferee of a Stock Option
shall have any rights as a shareholder of the Company with respect to any Shares subject to a Stock Option (including without limitation, rights to receive dividends, vote, or receive notice of meetings) prior to the purchase of such Shares by the
exercise of such Stock Option as provided in this Plan. A Stock Option shall be deemed to be exercised and the Common Share thereunder purchased when written notice of exercise has been delivered to the Company in accordance with Section 6.8 of
the Plan and the full Exercise Price for the Share with respect to which the Stock Options is exercised has been received by the Company, accompanied with any agreements required by the terms of the Plan and the applicable Award Agreement; provided,
however, that if the Participant has 

  

 14 

 
been terminated for Cause, only those Common Shares for which a certificate has been delivered to the Participant by the Company will be deemed to be
purchased by such Participant. Full payment may consist of such consideration and method of payment allowable under this Article VI of the Plan. No adjustment will be made for a cash dividend or other rights for which the record date precedes the
Date of Exercise, except as provided in Section 4.4 of the Plan. 
 ARTICLE VII 
 Stock Appreciation Rights 
 7.1 Grant of Stock Appreciation Rights.
Subject to the terms and conditions of the Plan, Stock Appreciation Rights may be granted to Participants, at the discretion of the Committee, in any of the following forms: (a) in connection with the grant, and exercisable in lieu of Stock
Options (“Tandem SARs”), (b) in connection with and exercisable in addition to the grant of Stock Options (“Additive SARs”), (c) independent of the grant of Stock Options (“Freestanding SARs”), or (d) in
any combination of the foregoing. Non-Employee Directors may not be granted any SARs under this Plan other than Tandem SARs and Additive SARs. 
 7.2 Exercise of Tandem SARs 
 (a) Tandem SARs may be exercised with respect to all or part of the Shares
subject to the Related Option. The exercise of Tandem SARs shall cause a reduction in the number of Shares subject to the Related Option equal to the number of Shares with respect to which the Tandem SAR is exercised. Conversely, the exercise, in
whole or part, of a Related Option, shall cause a reduction in the number of Shares subject to the Tandem SAR equal to the number of Shares with respect to which the Related Option is exercised. Shares with respect to which the Tandem SAR shall have
been exercised may not be subject again to an Award under the Plan. 
 (b) Notwithstanding any other provision of the Plan to
the contrary, a Tandem SAR shall expire no later than the expiration of the Related Option and shall be exercisable only when the Related Option is eligible to be exercised. In addition, if the Related Option is an ISO, a Tandem SAR shall be
exercised for no more than 100% of the difference between the Fair Market Value of Shares subject to the Related Option at the time the Tandem SAR is exercised and the Option Price of the Related Option. 
 7.3 Exercise of Additive SARs. Additive SARs shall be deemed to be exercised upon, and in addition to, the exercise of the Related Option. The
deemed exercise of Additive SARs shall not reduce the number of Shares with respect to which the Related Options remains unexercised. 
 7.4
Exercise of Freestanding SARs. Freestanding SARs may be exercised upon whatever terms and conditions the Committee, in its sole discretion, imposes upon such SARs. 
  

 15 

 7.5 Other Conditions Applicable to SARs. 
 (a) No SAR granted under the Plan shall be exercisable until the expiration of at least one year after the Date of Grant, except that such
limitation shall not apply (i) in the case of death, disability, or retirement of a Participant covered by Sections 6.10(a), (b), or (c) hereof, (ii) a termination of service covered by the last sentence of Section 6.10(e)
hereof, or (iii) as set forth in Article IX of this Plan. In no event shall the term of any SAR granted under the Plan exceed seven years from the Award Date. A SAR may be exercised only when the Fair Market Value of a Share exceeds either
(i) the Fair Market Value per Share on the Award Date in the case of a Freestanding SAR, or (ii) the Exercise Price of the Related Option in the case of either a Tandem SAR or Additive SAR. A SAR shall be exercised by delivery to the
Committee of a notice of exercise in the form prescribed by the Committee. 
 (b) In the event of a termination of service for
any reason of death, disability or retirement covered by Section 6.10(a), (b), or (c) of this Plan, or pursuant to the last sentence of Section 6.10(e) hereof, unless otherwise determined by the Committee at grant, all Additive SARs
and Freestanding SARs shall be fully vested and thereafter may be exercised by the participant or his or her legal representatives for a period of one year from the date of such termination of service or until the end of the Exercise Period for such
SAR, whichever is shorter; provided, however, that the Participant was not involuntarily terminated for Cause. Notwithstanding any other provision of this Plan, upon termination of a Participant’s service with the Company or it Subsidiaries for
Cause, all of the Participant’s unexercised Additive SARs and Freestanding SARs will terminate immediately upon the date of such termination as determined in accordance with Section 6.10(d) hereof. 
 (c) In the event of a termination of service for any reason other than death, disability or retirement covered by Section 6.10(a),
(b), or (c), or pursuant to the last sentence of Section 6.10(e) hereof, unless otherwise determined by the Committee at grant: (i) any Additive SAR and any Freestanding SAR that was not exercised at the date of termination will expire
automatically, and (ii) any exercisable Additive SARs and Freestanding SARs will remain exercisable for a period of three months from the date of such termination of service until the end of the Exercise Period for such SAR, whichever is
shorter; provided, however, that the Participant was not involuntarily terminated for Cause. Notwithstanding any other provision of this Plan, upon termination of a Participant’s service with the Company or it Subsidiaries for Cause, all of the
Participant’s unexercised Additive SARs and Freestanding SARs will terminate immediately upon the date of such termination as determined in accordance with Section 6.10(d) hereof. 
 7.6 Payment Upon Exercise of SARs. 
 (a) Subject to the provisions of the Award Agreement, upon the exercise of a SAR, the participant is entitled to receive, without any payment to the Company (other than required tax withholding amounts), an amount
equal to the product of multiplying (i) the number of Shares with respect to which the SAR is exercise by (ii) an amount equal to the excess of: (A) the Fair Market Value per Share on the Date of Exercise of the SAR over
(B) either (x) Freestanding SAR or (y) the Exercise Price of the Related Option in the case of either a Tandem SAR or Additive SAR. 
  

 16 

 (b) Payment to the Participant shall be made in Shares, valued at the Fair Market Value
of the Date of Exercise, in cash if the Participant has so elected in his written notice of exercise, or a combination thereof. 
 7.7
Non-Transferability of SARs. Except as specifically provided in the Award Agreement pursuant to Section 7.7(b) hereof, no SARs granted under the Plan may be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated,
otherwise than by will or by the laws of descent and distribution. Further, all SARs granted to a Participant under the Plan shall be exercisable during his lifetime only by such Participant or his guardian or legal representative. 
 ARTICLE VIII 
 Restricted Stock and
Unrestricted Stock Awards 
 8.1 Awards of Restricted Stock. Subject to the terms and provisions of this Plan, the Committee, at
any time and from time to time, may grant shares of Restricted Stock under the Plan to such Participants and in such amounts as it may determine. Shares of Restricted Stock may be issued either alone or in addition to other Awards granted under the
Plan. The committee shall determine the eligible persons to whom, and the time or times at which, grants of Restricted Stock will be made, the number of shares to be awarded, the price (if any) to be paid by the recipient (subject to
Section 8.2), the time or times within which such Awards may be subject to forfeiture, the vesting schedule and rights to acceleration thereof, and all other terms and conditions of the Awards. The Committee may condition the grant of
Restricted Stock upon the attainment of specified performance goals or such other factors as the Committee may determine, in its sole discretion. The provisions of Restricted Stock Awards need not be the same with respect to each Participant, and
such Awards to individual Participants need not be the same in subsequent years. 
 8.2 Award Agreement for Restricted Stock. The
prospective Participant selected to receive a Restricted Stock Award shall not have any rights with respect to such Award, unless and until such Participant has executed an Award Agreement evidencing the Award and has delivered a fully executed copy
thereof to the Company, and has otherwise complied with the applicable terms and conditions of such Award. Each Award Agreement relating to Restricted Stock shall specify the Restricted Period (as defined in Section 8.3(b) below), the
conditions to be satisfied prior to removal of such restrictions, the number of shares of Restricted Stock granted, and such other provisions as the Committee shall determine. The Award Agreement relating to Restricted Stock Award shall set forth
the purchase price for such shares, which purchase price shall be equal to or less than their par value and may be zero. Each Award Agreement shall contain at least one term, condition, or restriction constituting a “substantial risk of
forfeiture” as defined in Section 83(c) of the Code. 
  

 17 

 8.3 Certain Conditions and Restrictions. The shares of Restricted Stock awarded pursuant to this
Plan shall be subject to the following minimum restrictions and conditions: 
 (a) Acceptance. Awards of Restricted
Stock must be accepted within a period of sixty (60) days (or such shorter period as the Committee may specify at grant) after the Award Date, by executing an Award Agreement relating to the Restricted Stock which is the subject of such Award
and by paying whatever price (if any) the Committee has designated hereunder. 
 (b) Restriction Period. Subject to the
provisions of this Plan and the Award Agreement, during a period set by the Committee commencing with the Award Date (the “Restriction Period”), the Participant shall not be permitted to sell, transfer, pledge, assign, hypothecate, or
otherwise dispose of shares of Restricted Stock awarded under this Plan. Within these limits, the Committee, in its sole discretion, may provide for the lapse of such restrictions in installments and may accelerate or waive such restrictions in
whole or in part, based on service, performance and/or such other factors or criteria as the Committee may determine in its sole discretion. No such restrictions shall be removed until the expiration of at least one year after the Award Date, except
that such limitation shall not apply as set forth in Article IX of this Plan. 
 (c) Legend. Each Participant receiving
a Restricted Stock Award shall be issued a stock certificate in respect of such shares of Restricted Stock. Such certificate shall be registered in the name of such Participant, and shall bear an appropriate legend referring to the terms,
conditions, and restrictions applicable to such Award, substantially in the following form: 
 “The sale, transferability, pledge,
assignment, hypothecation, or other disposition of this certificate and the shares of stock represented hereby are subject to the terms and conditions (including forfeiture) of American Bancshares, Inc. (the “Company”) 1999 Equity
Incentive Plan, including the rules and administrative procedures adopted pursuant to such plan, and an Agreement entered into between the registered owner and the Company dated Copies of such Plan and Agreement are on file in the offices of the
Company at 4702 Cortez Road West, Bradenton, FL 34210.” 
 (d) Custody. The Committee may require that the stock
certificates evidencing such shares of Restricted Stock be held in custody by the Company until the restrictions thereon shall have lapsed, and that, as a condition of any Restricted Stock Award, the Participant shall have delivered a duly signed
stock power, endorsed in blank, relating to the Restricted Stock covered by such Award. 
 8.4 Other Restrictions The committee shall
impose such other restrictions on any shares of Restricted Stock granted pursuant to the Plan as it may deem advisable including, without limitation, restrictions under applicable federal or state securities laws, and may legend the certificates
representing Restricted Stock to give appropriate notice of such restrictions. 
  

 18 

 8.5 Lapse of Restrictions. Except as otherwise provided in this Article VIII, if and when the
Restriction Period expires without a prior forfeiture of the Restricted Stock subject to such Restriction Period, the certificates for such shares shall be delivered to the Participant. All legends shall be removed from said certificates at the time
of delivery to the Participant. 
 8.6 Rights as Shareholder. Except as provided in this Section 8.6, during the Restriction
Period, Participants in whose name shares of Restricted Stock are granted hereunder: (a) shall have, with respect to such Restricted Stock, full voting rights with respect to such shares, and (b) shall be entitled to receive all dividends
and other distributions paid with respect to such shares. If any such dividends or distributions are paid in Shares, the Shares shall be subject to the same restrictions on transferability as the Shares of Restricted Stock with respect to which they
were distributed. Furthermore, the Committee, in its sole discretion, as determined at the time of Award, may permit or require the payment of dividends to be deferred. 
 8.7 Termination of Employment or Resignation of Director. Subject to the applicable provisions of the Award Agreement and this Article VIII, upon termination of a Participant’s employment with, the Company
for any reason during the Restricted Period, all Restricted Shares still subject to restriction shall vest or be forfeited in accordance with the terms and conditions established by the Committee at or after grant. Unless otherwise provided in the
Award Agreement: 
 (a) Termination of Service by Death, Disability, or Retirement. In the event a Participant’s
employment is terminated during the Restriction Period, because of death, disability, or retirement covered by Sections 6.10(a), (b), (c), or (e) of this Plan, any remaining portion of the Restriction Period applicable to the Restricted Stock
pursuant to Section 8.3 herein shall automatically terminate and, except as otherwise provided in Section 8.4 herein, the shares of Restricted Stock shall thereby be released and free of restrictions. 
 (b) Termination of Service for Other Reasons. In the event that a Participant terminates his employment of the Company during the
Restriction Period for any reason other than for death, disability, or retirement, as set forth in Sections 8.7(a) herein, then any shares of Restricted Stock still subject to restrictions as of the date of such termination shall automatically be
forfeited and, if held by the Participant, returned to the Company. 
 (c) Hardship. In the event of hardship or other
special circumstances of a Participant whose employment with the Company or a Subsidiary is involuntarily terminated (other than for cause), the Committee may, in its sole discretion, waive in whole or in part any or all remaining restrictions with
respect to such Participant’s shares of Restricted Stock, based on such factors as the Committee may deem appropriate. 
 8.8 Notice
of Section 83(b) Election. Any Participant making an election under Section 83(b) of the Code with respect to Restricted Stock must provide a copy thereof to the Company within 10 days of filing such election with the Internal Revenue
Service. 
  

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 8.9 Unrestricted Stock Awards. Subject to the terms and conditions of this Plan, the Committee, at
any time and from time to time, may grant Unrestricted Stock Awards free of restrictions under the Plan to such Participants in such amounts, on such terms and conditions, and for such consideration, including no consideration or such minimum
consideration as may be required by law, as it shall determine. 
 ARTICLE IX 
 Change of Control 
 9.1 Acceleration of Options; Lapse of Restrictions.

 (a) In the event of a Change of Control of the Company: (i) each Stock Option and SAR then-outstanding under the Plan
shall be fully exercisable, regardless of any unsatisfied vesting requirements established under the terms of the pertinent Award Agreements, and remain so for the duration of the Stock Option as specified in the Award Agreement, (ii) all
restrictions or conditions related to grants of Restricted Stock shall be deemed to be immediately and fully satisfied and all certificates representing such shares of Restricted Stock shall be released and have any legend removed by the Secretary
of the Company, and thereby become freely transferable, and (iii) all conditions or restrictions related to an Award shall be accelerated or released; all in such a manner, in the case of persons subject to the provisions of Section 16(b)
of the Exchange Act, as to conform to the provisions of Rule 16b-3 thereunder. 
 (b) Awards that remain outstanding after a
Change of Control shall not be terminated as a result of a termination of service covered by Section 6.10, 7.2, 7.5, or 8.7, and shall continue to be exercisable in accordance with their original terms, except in the case of a
Participant’s death in which case termination shall occur within one-year from the date of death. 
 (c) Notwithstanding
the foregoing, if any right granted pursuant to this Section 9.1 would make a Change of Control transaction ineligible for pooling of interests accounting treatment under applicable accounting principles that, but for this Section 9.1,
would have been available for such accounting treatment, then the Committee shall have the authority to substitute stock for cash which would otherwise be payable pursuant to this Section 9.1 having a Fair Market Value equal to such cash.

 9.2 Definition of Change of Control. For purposes of this Plan, a “Change of Control: is deemed to have occurred if:

 (a) any individual, entity, or group (within the meaning of Sections 13(d)(3) or 14(d)(2) of the Exchange Act) is or
becomes, directly or indirectly, the “beneficial owner” as defined by Rule 13d-3 promulgated under the Exchange Act) of 25% or more of the combined voting power of the then outstanding securities of he Company entitled to vote generally in
the election of Directors (“Voting Securities”); provided, however, that any acquisition by the following will not constitute a Change of Control: 
  

 20 

 (i) the Company or one of its Subsidiaries, 
 (ii) any employee benefit plan (or related trust) of the Company or its Subsidiaries, or 
 (iii) any corporation with respect to which, following such acquisition, more than 50% of the combined voting power of the outstanding
voting securities of such corporation entitled to vote generally in the election of directors is then beneficially owned by the Persons who were the beneficial owners of the Voting Securities immediately prior to such acquisition in substantially
the same proportion as their ownership immediately prior to such acquisition of the Voting Securities; or 
 (b) (i) a
tender offer or an exchange offer is made to acquire securities of the Company whereby following such offer the offerees will hold, control, or otherwise have the direct or indirect power to exercise voting control over 50% or more of the Voting
Securities, or (ii) Voting Securities are first purchased pursuant to any other tender or exchange offer. 
 (c) as a
result of a tender offer or exchange offer for the purchase of securities of the Company (other than such an offer by the Company for its own securities), or as a result of a proxy contest, merger, consolidation, or sale of assets, or as a result of
a combination of the foregoing, during any period of two consecutive years, individuals who, at the beginning of such period constitute the Board, plus any new Directors of the Company whose election or nomination for election by the Company’s
shareholders was or is approved by a vote of at least two-thirds of the Directors of the Company then still in office who either were Directors of the Company at the beginning of such two year period or whose election or nomination for election was
previously so approved (but excluding for this purpose, any individual whose initial assumption of office was or is in connection with the actual or threatened election contest relating to the election of Directors of the Company (as such term is
used in Rule 14a-11 of Regulation 14A promulgated under the Exchange Act), cease for any reason during such two year period to constitute at least two-thirds of the members of the Board; or 
 (d) the shareholders of the Company approve a reorganization, merger, consolidation, or other combination, with or into any other
corporation or entity regardless of which entity is the survivor, other than a reorganization, merger, consolidation, or other combination, which would result in the Voting Securities outstanding immediately prior thereto continuing to represent
(either by remaining outstanding or being converted into Voting Securities of the surviving entity) at least 60% of the combined voting power of the Voting Securities or of the voting securities of the surviving entity outstanding immediately after
such reorganization, merger, consolidation; or other combination; or 
 (e) the shareholders of the Company approve a plan of
liquidation or winding-up of the Company or any agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets, or any distribution to security holders of assets of the Company having a value equal to
30% or more of the total value of all assets of the Company. 
  

 21 

 9.3 Occurrence of a Change of Control. A Change of Control will be deemed to have occurred:

 (a) with respect to any acquisition referred to in Section 9.2(a) above, the date on which the acquisition of such
percentage shall have been completed; 
 (b) with respect to a tender or exchange offer, the date the offer referred to in
Section 9.2(b) (i) above is made public or when documents are filed with the SEC in connection therewith pursuant to Section 14(d) of the Exchange Act, or the date of the purchase referenced in Section 9.2(b) (ii); 
 (c) with respect to a change in the composition of the Board of Directors referred to in Section 9.2(c), the date on which such
change is adopted or is otherwise effective, whichever first occurs; or 
 (d) with respect to any shareholder approval
referred to in Section 9.2(d) or (e), the date of any approval. 
 9.4 Application of this Article IX. The provisions of this
Article IX shall apply to successive events that may occur from time to time but shall only apply to a particular event if it occurs prior to the expiration of this Plan. 
 ARTICLE X 
 Amendment, Modification, or Termination of Plan 
 Insofar as permitted by applicable law, the Board, by resolution, shall have the power at any time, and from time to time, to amend, modify, suspend,
terminate or discontinue the Plan or any part thereof (including any amendment deemed necessary to ensure that the Company may comply with an regulatory requirements referred to in Article XIII). The Board is specifically authorized to amend the
Plan and take such other action as it deems necessary or appropriate to comply with Section 162(m) of the Code and the rules and regulations promulgated thereunder. Such amendment or modification may be without shareholder approval except to
the extent that such approval is required by the Code, or pursuant to the rules and regulations under the Section 16 of the Exchange Act, by any national securities exchange or inter-dealer quotation system on which the Shares are then listed,
quoted, or reported, by any regulatory authority or board having jurisdiction with respect thereto, or under any applicable laws, rules, or regulations. Notwithstanding the provisions of this Article X, no termination, amendment, or modification of
the Plan, other than those pursuant to Article IV hereof, shall in any manner adversely affect any Award theretofore granted under the Plan, without the written consent of the Participant so affected. 
  

 22 

 ARTICLE XI 
 Modification, Extension, and Renewal of Stock Options and Awards 
 Subject to the terms and
conditions, and within the limitations, of the Plan, the Committee may modify, extend, or renew outstanding Stock Options or other Awards, prospectively or retroactively, or accept the surrender of outstanding Stock Options (to the extent not
theretofore exercised) granted under the Plan or any other plan of the Company or a Subsidiary, and authorize the granting of new Stock Options pursuant to the Plan in substitution therefor (to the extent not theretofore exercised), and the
substituted Stock Options may specify a lower exercise price or a longer term than the surrendered Stock Options or have any other provisions that are authorized by the Plan. Notwithstanding the foregoing provisions of this Article XI, (a) no
amendment or modification of an Award which adversely affects the Participant shall not be made without the consent of the affected Participant, and (b) no Incentive Stock Option may be modified, amended, extended, or reissued if such action
would cause it to cease to be an “Incentive Stock Option” within the meaning of Section 422 of the Code, unless the Participant specifically acknowledges and consents to the tax consequences of such action. 
 ARTICLE XII 
 Indemnification of the
Committee 
 In addition to such other rights of indemnification as they may have as Directors or as members of the Committee, the
members of the Committee shall not be liable for any act, omission, interpretation, construction, or determination made in good faith in connection with their administration of and responsibilities with respect to the Plan, and the Company hereby
agrees to indemnify the members of the Committee against any claim, loss, damage, or reasonable expense, including attorneys’ fees, actually and reasonably incurred in connection with the defense of any action, suit, or proceeding, or in
connection with any appeal therein, to which they or any of them may be a party by reason of any action taken or failure to act under or in connection with the Plan or any Award granted or made hereunder, and against all amounts reasonably paid by
them in settlement thereof or paid by them in satisfaction of a judgment in any such action, suit, or proceeding, if such members acted in good faith and in a manner which they believed to be in, and not opposed to, the best interests of the Company
and its Subsidiaries. 
 ARTICLE XIII 
 General Provisions 
 13.1 Conditions Upon Issuance of Shares. Shares shall not be issued pursuant to the exercise of
an Stock Option unless the exercise of such Stock Option and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act, the Exchange Act, the rules
and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. The Committee may
require each person purchasing or otherwise acquiring Shares pursuant to a Stock Option under 

  

 23 

 
the Plan to represent to and agree with the Company in writing that the Participant is acquiring the Shares for his or her own personal account, for
investment purposes only, and not with an intent or a view to distribution within the meaning of Section 2(11) of the Securities Act (unless such shares have been issued to the Participant pursuant to a registration statement declared effective
by the SEC). In addition to any legend required by this Plan, the certificates for the Shares may include any legend which the Committee deems appropriate to reflect any restrictions on transfer. 
 13.2 Reservation of Shares. The Company shall at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the
requirements of the Plan. The Company shall use its best efforts to seek to obtain from appropriate regulatory agencies any requisite authorization in order to issue and sell such number of Shares as shall be sufficient to satisfy the requirements
of the Plan. The inability of the Company to obtain from any such regulatory agency having jurisdiction the requisite authorization(s) deemed by the Company’s counsel to be necessary for the lawful issuance and sale of any Shares hereunder, or
the inability of the Company to confirm to its satisfaction that any issuance and sale of any Shares hereunder will meet applicable legal requirements, shall relieve the Company of any liability in respect to the failure to issue or sell such Shares
as to which such requisite authority shall not have been obtained. 
 13.3 Limitation on Legal Rights. The establishment of the Plan
shall not confer upon any Employee or Director any legal or equitable right against the Company, except as expressly provided in the Plan. 
 13.4 Not a Contract of Employment. This Plan is purely voluntary on the part of the Company, and the continuation of the Plan shall not be deemed to constitute a contract between the Company and any Participant, or to be
consideration for or a condition of the employment or service of any Participant. Participation in the Plan shall not give any Employee or Director any right to be retained in the service of the Company or any of its Subsidiaries, nor shall anything
in this Plan affect the right of the Company or any of its Subsidiaries to terminate any such Employee or Director with or without cause. 
 13.5 Other Compensation Plans. The adoption of the Plan shall not affect any other Stock Option or incentive or other compensation plans in effect for the Company or any of its Subsidiaries, nor shall the Plan preclude the Company or
any Subsidiary from establishing any other forms of incentive or other compensation plan or arrangements for Employees or Directors of the Company or any of its Subsidiaries. 
 13.6 Assumption by the Company. The Company or its Subsidiaries may assume options, warrants, or rights to purchase shares issued or granted by
other companies whose shares or assets shall be acquired by the Company or its Subsidiaries or which shall be merged into or consolidated with the Company or its Subsidiaries. The adoption of this Plan shall not be taken to impose any limitations on
the powers of the Company or its Subsidiaries or affiliates to issue, grant, or assume options, warrants, rights, or restricted shares, otherwise than under this Plan, or to adopt other Stock Option or restricted share plans or to impose any
requirements of shareholder approval upon the same. 
  

 24 

 13.7 Creditors. The interests of any Director under this Plan is not subject to the claims of
creditors and may not, in any way, be assigned, alienated, or encumbered. 
 13.8 Plan Binding on Successors. All obligations of the
Company under this Plan and any Awards granted hereunder shall be binding upon any successor and assign of the Company, whether the existence of such successor or assign is a result of a direct or indirect purchase, merger, consolidation, or
otherwise, of all or substantially all of the business or assets of the Company. 
 13.9 Unfunded Status of Plan. This Plan is
intended to constitute an “unfunded” plan for incentive and deferred compensation. With respect to any payments not yet made to a Participant by the Company, nothing contained herein shall give any Participant any rights that are greater
than those of a general creditor of the Company. 
 13.10 Withholding. 
 (a) Tax Withholding. The Company shall have the power and the right to deduct or withhold, or require a Participant to remit to the
Company, an amount sufficient to satisfy federal, state, and local taxes (including the Participant’s FICA obligation) required by law to be withheld with respect to any grant, exercise, or payment under or as a result of this Plan. 

(b) Share Withholding. To the extent the Code requires withholding upon the exercise of Nonqualified Stock Options, or upon the
occurrence of any other similar taxable event, the Committee may permit or require, subject to any rules it deems appropriate, the withholding requirement to be satisfied, by having the Company withhold Shares having a Fair Market Value equal to the
amount required to be withheld. The value of the Shares to be withheld shall be based on Fair Market Value of the Shares on the date that the amount of tax to be withheld is to be determined. 
 13.11 Singular, Plural; Gender. Whenever used in this Plan, nouns in the singular shall include the plural, and vice versa, and the masculine
pronoun shall include the feminine gender. 
 13.12 Headings. Headings to the Sections and subsections are included for convenience
and reference and do not constitute part of the Plan. 
 13.13 Costs. The Company shall bear all expenses incurred in administrating
this Plan, including original issue, transfer, and documentary stamp taxes, and other expenses of issuing the Shares pursuant to Awards granted hereunder. 
 13.14 Governing Law. This Plan and the actions taken in connection herewith shall be governed, construed, and administered in accordance with the laws of the State of Florida (regardless of the law that might
otherwise govern under applicable Florida principles of conflicts of laws). 
  

 25 

 ARTICLE XIV 
 Effectiveness of the Plan 
 This Plan shall become effective on the date that it is adopted by the
Board; provided, however, that it shall become limited to a Nonqualified Stock Option plan if it is not approved by the shareholders of the Company within one year (365 days) of its adoption by the Board, by a majority of the voting cast at a duly
held shareholder meeting at which a quorum representing a majority of the Company’s outstanding voting shares is present, either in person or by proxy. The Committee may make Awards hereunder prior to shareholder approval of the Plan; provided,
however, that any and all Stock Options so awarded automatically shall be converted into Nonqualified Stock Options if the Plan is not approved by such shareholders within 365 days of its adoption. 
 ARTICLE XV 
 Term of the Plan

 Unless sooner terminated by the Board pursuant to Article X hereof, this Plan shall terminate ten (10) years from its effective
date and no Awards may be granted after termination, but Awards granted prior to such terminations may extend beyond that date. The Board of Directors may terminate this Plan at any time. The termination shall not affect the validity of any Stock
Option outstanding on the date of termination. 
  

	
	 /s/ Brian M. Watterson

	Secretary Certification

 Date Approved by the Shareholders: May 21, 1999 
  

	
	 /s/ Brian M. Watterson

	Secretary Certification

  

 26

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