Document:

EX-10.8

 EXHIBIT 10.8 

R E S T R I C T E D   S T O C K   U N I T   A W A R D   C E R T I F I C A T E 

Non-transferable 
 G R A N
T T O 
  
  

(“Grantee”) 
 by FB
Financial Corporation (the “Company”) of 

             restricted stock units convertible, on a one-for-one
basis, into shares of Stock (the “Units”). 
 The Units are granted pursuant to and subject to the provisions of the FB Financial Corporation 2016
Incentive Plan (the “Plan”) and to the terms and conditions set forth on the following pages (the “Terms and Conditions”). By accepting the Units, Grantee shall be deemed to have agreed to the Terms and Conditions set forth in
this Award Certificate and the Plan. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan. 

Unless vesting is accelerated in accordance with the Plan or Section 1 of the Terms and Conditions, the Units shall vest (become non-forfeitable) in
accordance with the following schedule, subject to Grantee’s Continuous Service on each vesting date. 
  

			
	Vesting Date	  	 Percent of

Units Vesting

		  	
		  	

 IN WITNESS WHEREOF, FB Financial Corporation, acting by and through its duly authorized officers, has caused this Award
Certificate to be duly executed. 
  

			
	FB FINANCIAL CORPORATION
	
	 
	By:	 	
	Its:	 	

 Grant Date: 

			
	 TERMS AND CONDITIONS
  

1 Vesting of Units. The Units will vest and become non-forfeitable on the earliest to occur of the following (each, a “Vesting Date”):

 
 (a)    as to the percentages
of the Units specified on the cover page hereof, on the respective Vesting Dates specified on the cover page hereof, subject to Grantee’s Continuous Service on each vesting date;

 
 (b)    as to all of the
Units, on the termination of Grantee’s Continuous Service by the Company by reason of Grantee’s death or Disability;
  

(c)    as to all of the Units, on the occurrence of a Change in Control, unless the Units are
assumed by the surviving entity or otherwise equitably converted or substituted in connection with the Change in Control; or
  

(d)    as to all of the Units, if the Units are assumed by the surviving entity or otherwise
equitably converted or substituted in connection with a Change in Control, on the termination of Grantee’s employment by the Company without Cause (or Grantee’s resignation for Good Reason as provided in any employment, severance or
similar agreement between Grantee and the Company or an Affiliate) within two years after the effective date of the Change in Control.
  

If Grantee’s Continuous Service terminates prior to a Vesting Date for any reason other than as described in (b) or (d) above, Grantee shall
forfeit all right, title and interest in and to the then unvested Units as of the date of such termination and the unvested Units will be reconveyed to the Company without further consideration or any act or action by Grantee.

 
 2. [Special treatment upon retirement, if any, to be approved by Compensation Committee
and added as applicable.]
  
 3. Conversion to Stock. The Units that vest upon a
Vesting Date will be converted to shares of Stock on the Vesting Date (the “Conversion Date”). The shares of Stock will be registered in the name of Grantee as of the Conversion Date, and certificates for the shares of Stock (or, at the
option of the Company, statements of book entry notation of the shares of Stock in the name of Grantee in lieu thereof) shall be delivered to Grantee or Grantee’s designee upon request of Grantee as soon as practicable after the Conversion
Date.
  
 4. Dividend Rights. The Units are not entitled to any dividends or
dividend equivalent rights.
  
 5. Voting Rights. Grantee shall not have voting
rights with respect to the Units. Upon conversion of the Units into shares of Stock, Grantee will obtain full voting rights and other rights as a shareholder of the Company.
	  	 6. No Right of Continued Service. Nothing in this Award Certificate shall interfere with or limit in any way the right of the Company
or any Affiliate to terminate Grantee’s service at any time, nor confer upon Grantee any right to continue to provide services to the Company or any Affiliate.
  

7. Restrictions on Transfer and Pledge. No right or interest of Grantee in the Units may be pledged, encumbered, or hypothecated to or in favor of any
party, or shall be subject to any lien, obligation, or liability of Grantee to any other party. The Units are not assignable or transferable by Grantee other than by will or the laws of descent and distribution.

 
 8. Restrictions on Issuance of Shares. If at any time the Committee shall
determine, in its discretion, that registration, listing or qualification of the Shares underlying the Units upon any Exchange or under any foreign, federal, or local law or practice, or the consent or approval of any governmental regulatory body,
is necessary or desirable as a condition to the settlement of the Units, the Units will not be converted to Shares in whole or in part unless and until such registration, listing, qualification, consent or approval shall have been effected or
obtained free of any conditions not acceptable to the Committee.
  
 9. Payment of
Taxes. The Company or any employer Affiliate has the authority and the right to deduct or withhold, or require Grantee to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including Grantee’s FICA
obligation) required by law to be withheld with respect to any taxable event arising in connection with the Units. The withholding requirement may be satisfied, in whole or in part, at the election of Grantee, by withholding from the settlement of
the Units Shares having a Fair Market Value on the date of withholding equal to the minimum amount (or such greater amount as will not result in an adverse accounting consequence to the Company) required to be withheld for tax purposes, all in
accordance with such procedures as the Company establishes.
  
 10. Plan Controls.
The terms contained in the Plan are incorporated into and made a part of this Award Certificate, and this Award Certificate shall be governed by and construed in accordance with the Plan. In the event of any actual or alleged conflict between the
provisions of the Plan and the provisions of this Award Certificate, the provisions of the Plan shall be controlling and determinative.
  

11. Successors. This Award Certificate shall be binding upon any successor of the Company, in accordance with the terms of this Award Certificate and
the Plan.

  

			
	 12. Severability. If any one or more of the provisions contained in this Award Certificate are invalid, illegal or unenforceable, the
other provisions of this Award Certificate will be construed and enforced as if the invalid, illegal or unenforceable provision had never been included.
  

13. Notice. Notices hereunder must be in writing, delivered personally or sent by registered or certified U.S. mail, return receipt requested, postage
prepaid. Notices to the Company must be addressed to FB Financial Corporation, 211 Commerce Street, Suite 300, Nashville, TN 37201; Attn: Corporate Secretary, or any other address designated by the Company in a written notice to Grantee. Notices to
Grantee will be directed to the address of Grantee then currently on file with the Company, or at any other address given by Grantee in a written notice to the Company.
  

14. Clawback. The Units shall be subject to any compensation recoupment policy of the Company that is applicable by its terms to Grantee and to awards
of this type.EX-10.9

 EXHIBIT 10.9 

R E S T R I C T E D   S T O C K   A W A R D   C E R T I F I C A T E 

Non-transferable 
 G R A N T
  T O 
  
  

(“Grantee”) 
 by FB
Financial Corporation (the “Company”) of 

             shares of its common stock, $1.00 par value (the
“Shares”). 
 The Shares are granted pursuant to and subject to the provisions of the FB Financial Corporation 2016 Incentive Plan (the
“Plan”) and to the terms and conditions set forth on the following pages (the “Terms and Conditions”). By accepting the Shares, Grantee shall be deemed to have agreed to the Terms and Conditions set forth in this Award
Certificate and the Plan. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan. 
 Unless
vesting is accelerated in accordance with the Plan or Section 2 of the Terms and Conditions, the Shares shall vest (become non-forfeitable) in accordance with the following schedule, subject to Grantee’s Continuous Service on each vesting
date. 
  

			
	Vesting Date	  	Percent of Shares Vesting
		  	
		  	

 IN WITNESS WHEREOF, FB Financial Corporation, acting by and through its duly authorized officers, has caused this Award
Certificate to be duly executed. 
  

			
	FB FINANCIAL CORPORATION
	
	 
	By:	 	
	Its:	 	

 Grant Date: 

 EXHIBIT 10.9 
  

			
	 TERMS AND CONDITIONS
  

1. Restrictions. The Shares are subject to each of the following restrictions. “Restricted Shares” mean those Shares that are subject
to the restrictions imposed hereunder which restrictions have not then expired or terminated. Restricted Shares may not be sold, transferred, exchanged, assigned, pledged, hypothecated or otherwise encumbered to or in favor of any party, or be
subjected to any lien, obligation or liability of Grantee to any other party. If Grantee’s employment with the Company terminates for any reason other than as set forth in subsections (b) or (d) of Section 2 hereof, then Grantee
shall forfeit all of Grantee’s right, title and interest in and to the Restricted Shares as of the date of termination, and such Restricted Shares shall revert to the Company immediately following the event of forfeiture. The restrictions
imposed under this Section 1 shall apply to all Shares or other securities issued with respect to Restricted Shares hereunder in connection with any merger, reorganization, consolidation, recapitalization, stock dividend or other change in
corporate structure affecting the Shares.
  
 2. Expiration and Termination of
Restrictions. The restrictions imposed under Section 1 will expire on the earliest to occur of the following (the period prior to such expiration being referred to herein as the “Restricted Period”):

 
 (a)    as to the number of
the Restricted Shares specified on the cover page hereof, on the respective dates specified on such cover page, subject to Grantee’s Continuous Service on each vesting date;

 
 (b)    as to all of the
Restricted Shares, upon termination of Grantee’s Continuous Service by the Company by reason of Grantee’s death or Disability;
  

(c)    as to all of the Restricted Shares, upon the occurrence of a Change in Control, unless the
Restricted Shares are assumed by the surviving entity or otherwise equitably converted or substituted in connection with the Change in Control; or
  

(d)    if the Restricted Shares are assumed by the surviving entity or otherwise equitably
converted or substituted in connection with a Change in Control, upon the termination of Grantee’s employment by the Company without Cause (or Grantee’s resignation for Good Reason as provided in any employment, severance or similar
agreement between Grantee and the Company or an Affiliate) within two years after the effective date of the Change in Control.
	  	 3. Delivery of Shares. The Shares will be registered in the name of Grantee as of the Grant Date and may be held by the Company during
the Restricted Period in certificated or uncertificated form. Any certificate for the Restricted Shares issued during the Restricted Period shall bear a legend in substantially the following form (in addition to any legend required under applicable
state securities laws): “This certificate and the shares of stock represented hereby are subject to the terms and conditions (including forfeiture and restrictions against transfer) contained in a Restricted Stock Certificate between the
registered owner of the shares represented hereby and FB Financial Corporation Release from such terms and conditions shall be made only in accordance with the provisions of such Certificate, copies of which are on file in the offices of FB
Financial Corporation.” Stock certificates for the Shares, without the first above legend, shall be delivered to Grantee or Grantee’s designee upon request of Grantee after the expiration of the Restricted Period, but delivery may be
postponed for such period as may be required for the Company with reasonable diligence to comply, if deemed advisable by the Company, with registration requirements under the 1933 Act, listing requirements under the rules of any Exchange, and
requirements under any other law or regulation applicable to the issuance or transfer of the Shares.
  

4. Voting Rights. Grantee, as beneficial owner of the Shares, shall have full voting rights with respect to the Shares during and after the Restricted
Period.
  
 5. Dividend Rights. Grantee shall accrue cash and non-cash dividends,
if any, paid with respect to the Restricted Shares, but the payment of such dividends shall be deferred and held (without interest) by the Company for the account of Grantee until the expiration of the Restricted Period. During the Restricted
Period, such dividends shall be subject to the same vesting restrictions imposed under Section 2 as the Restricted Shares to which they relate. Accrued dividends deferred and held pursuant to the foregoing provision shall be paid by the Company
to the Grantee promptly upon the expiration of the Restricted Period (and in any event within thirty (30) days of the date of such expiration).
  

6. No Right of Continued Employment. Nothing in this Award Certificate shall interfere with or limit in any way the right of the Company or any
Affiliate to terminate Grantee’s employment at any time, nor confer upon Grantee any right to continue in the employ of the Company or any Affiliate.
  

7. Payment of Taxes. Upon issuance of the Shares hereunder, Grantee may make an election to be taxed upon such award under Section 83(b) of the
Code (an “(83(b) Election”). To effect such 83(b) Election, Grantee may file an

  

  
 2 

 EXHIBIT 10.9 
  

			
	 appropriate election with Internal Revenue Service within 30 days after award of the Shares and otherwise in accordance with applicable
Treasury Regulations. The Company or an employing Affiliate has the authority and the right to deduct or withhold, or require Grantee to remit to the Company, an amount sufficient to satisfy federal, state, and local taxes (including Grantee’s
FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the grant or vesting of the Shares. If Grantee does not make an 83(b) election, and to the extent not prohibited by applicable laws or
regulations, the withholding requirement may be satisfied, in whole or in part, at the election of Grantee, by withholding from the award Shares having a Fair Market Value on the date of withholding equal to the minimum amount (and not any greater
amount) required to be withheld for tax purposes, all in accordance with such procedures as the Secretary establishes. If Grantee makes an 83(b) election, and to the extent not prohibited by applicable laws or regulations, the withholding
requirement may be satisfied, in whole or in part, at the election of Grantee, by deducting any such taxes from any payment of any kind otherwise due to Grantee. The obligations of the Company under this Agreement will be conditional on such payment
or arrangements, and the Company, and, where applicable, its Affiliates will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to Grantee.

 
 8. Plan Controls. The terms contained in the Plan are incorporated into and made a
part of this Award Certificate and this Award Certificate shall be governed by and construed in accordance with the Plan. In the event of any actual or alleged conflict between the provisions of the Plan and the provisions of this Award Certificate,
the provisions of the Plan shall be controlling and determinative.
  
 9.
Successors. This Award Certificate shall be binding upon any successor of the Company, in accordance with the terms of this Award Certificate and the Plan.
  

10. Severability. If any one or more of the provisions contained in this Award Certificate are invalid, illegal or unenforceable, the other provisions
of this Award Certificate will be construed and enforced as if the invalid, illegal or unenforceable provision had never been included.
  

11. Notice. Notices hereunder must be in writing, delivered personally or sent by registered or certified U.S. mail, return receipt requested, postage
prepaid. Notices to the Company must be addressed to FB Financial Corporation,
	  	 211 Commerce Street, Suite 300, Nashville, TN 37201; Attn: Corporate Secretary, or any other address designated by the Company in a
written notice to Grantee. Notices to Grantee will be directed to the address of Grantee then currently on file with the Company, or at any other address given by Grantee in a written notice to the Company.

 
 12. Clawback. The Shares shall be subject to any compensation recoupment policy of
the Company that is applicable by its terms to Grantee and to awards of this type.

  
 3

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