Document:

Exhibit 10.9

 Exhibit 10.9 
 VIRGINIA COMMERCE BANCORP, INC. 
 FORM OF 

RESTRICTED STOCK AGREEMENT 
 This Restricted Stock Agreement (“Agreement”), which includes the attached Terms and Conditions, confirms the grant of Restricted Stock (the “Award”) by VIRGINIA COMMERCE BANCORP, INC.
(the “Company”), to <<name>> (“Employee”), under the Virginia Commerce Bancorp, Inc. 2010 Equity Plan (the “Plan”) as follows: 

 

			
	Date of Grant:	  	<< grant date>> (“Award Date”)
		
	Number of Shares:	  	<< number of shares>> shares (“Award Shares”)
		
	Vesting:	  	<<insert vesting schedule>> subject to the Terms and Conditions.

 The Award is subject to the terms and conditions of the Plan and this Agreement, which includes the attached Terms and Conditions. 
 By signing below, the Company and Employee agree to the terms and conditions of this Agreement. 
  

					
	VIRGINIA COMMERCE BANCORP, INC.	 		 	EMPLOYEE
			
	  
	 		 	  

	W. Douglas Fisher	 		 	<< name>>
	Chairman of the Board	 		 	
			
	Date:
                                         
       	 		 	Date:
                                         
       

 TERMS AND CONDITIONS 

The following terms and conditions apply to the Award of Restricted Stock granted to Employee by the Company as specified on the
preceding page (the “Summary Page”), which is an integral part of this Agreement. 
 1. Award of Shares. Under the terms of the
Plan, the Committee has granted to Employee the Award of Restricted Stock, effective on the Award Date. 
 2. Period of Restriction and
Vesting in the Award Shares. 
  

	 	(a)	Subject to earlier vesting or forfeiture as provided below, the period of restriction (the “Period of Restriction”) applicable to [Use for Installment
Vesting Only: each portion of] the Award Shares is the period from the Award Date through the date[s] provided on the Summary Page, provided Employee remains employed with the Company or its Subsidiaries through such date.

  

	 	(b)	Except as contemplated in Paragraph 2(c), the Award Shares, and the rights and privileges conferred hereby, may not be sold, transferred, pledged, assigned, or
otherwise alienated or hypothecated, otherwise than by will or by the laws of descent and distribution, and shall not be subject to execution, attachment or similar process, during the Period of Restriction. Except as otherwise provided pursuant to
Paragraph 2(c), the Award Shares as determined pursuant to Paragraph 2(a) shall become freely transferable by Employee as of the last day of the [Use for Installment Vesting Only: relevant] Period of Restriction. 

 

	 	(c)	Subject to earlier forfeiture as provided below, and subject to Paragraph 10 below, in the event a Vesting Acceleration Event occurs while Employee is an employee of
the Company or one of its Subsidiaries and prior to the end of the Period of Restriction [Use for Installment Vesting Only: applicable to any portion of the Award Shares], immediate vesting shall occur and the Period of Restriction shall end
for [Use for Installment Vesting Only: such portion of] the Award Shares, and the Award Shares shall be free of restrictions and freely transferable on the date of such Vesting Acceleration Event. 

 

	 	(d)	“Vesting Acceleration Event” means the occurrence of a Change in Control (as defined in the Plan), if Employee has remained employed with the Company or a
Subsidiary through the date the Change in Control occurs. 

 3. Stock Certificates. 

 

	 	(a)	The Company shall issue the Award Shares either: (i) in certificate form, or (ii) in book-entry form, registered in the name of Employee with notations as to
any restrictions on transfer imposed under this Agreement. 

  

	 	(b)	Any certificates representing [Use for Installment Vesting Only: any of] the Award Shares shall be held by the Company until the Period of Restriction with
respect to [Use for Installment Vesting Only: any of] the Award Shares lapses or until the Award Shares are forfeited hereunder. During the Period of Restriction, any Award Shares issued in book-entry form shall be subject to the following
legend and any certificates representing the Award Shares shall bear the following legend: 

 The sale or other
transfer of the shares of stock represented by this certificate, whether voluntary, involuntary, or by operation of law, is subject to certain restrictions on transfer set forth in the Virginia Commerce Bancorp, Inc. 2010 Equity Plan and in a
Restricted Stock 

  
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Agreement dated <<grant date>>. A copy of the Plan and such Restricted Stock Agreement may be obtained from the Secretary of Virginia Commerce Bancorp, Inc. 

 

	 	(c)	Promptly after the Period of Restriction lapses for any of the Award Shares, the Company shall either remove the relevant notations for such Award Shares issued in
book-entry form or deliver to Employee a certificate(s) evidencing the number of Award Shares as to which the Period of Restriction has lapsed. 

  

	 	(d)	By execution of this Agreement, Employee hereby appoints the Secretary of the Company, with full power of substitution, as Employee’s attorney in fact with power
and authority in the name and on behalf of Employee to take any action and execute all documents and instruments, including without limitation stock powers, which may be necessary to transfer any forfeited Award Shares (or shares otherwise
reacquired or withheld by the Company hereunder), to the Company as may be required pursuant to the Plan or this Agreement. 

 4.
Voting Rights. During the Period of Restriction, Employee may exercise full voting rights with respect to all of the Award Shares. 
 5.
Dividends and Other Distributions. During the Period of Restriction, subject to Paragraph 10, all dividends and other distributions paid with respect to the Award Shares in the Company’s Common Stock or other securities of the Company
shall be registered in the name of Employee and held by the Company until payable or forfeited pursuant hereto. Such stock dividends and other stock distributions shall be subject to the same restrictions on transferability and vesting as the Award
Shares with respect to which they were paid and shall, to the extent vested, be paid when and to the extent the underlying Award Shares are vested and freed of restrictions. Dividends paid in cash shall be paid to Employee at the same time as they
are paid to other shareholders of the Company and shall not be subject to any restrictions under this Agreement. 
 6. Forfeiture on
Termination of Employment. If Employee’s employment with the Company and its Subsidiaries terminates for any reason prior to the end of the Period of Restriction and Paragraph 2(c) does not apply or has not applied [Use for Installment
Vesting Only: for any portion of the Award Shares], then any Award Shares subject to restrictions at the date of such termination of Employee’s employment shall be forfeited to the Company immediately upon such termination. For purposes of
this Agreement, transfer of employment among the Company and its Subsidiaries shall not be considered a termination of employment. 
 7.
Withholding Taxes. The Company, or any of its Subsidiaries, shall have the right to retain and withhold the amount of taxes required by any government to be withheld or otherwise deducted and paid with respect to the Award Shares. The
Committee may require Employee or any successor in interest to pay or reimburse the Company, or any of its Subsidiaries, for any such taxes required to be withheld by the Company, or any of its Subsidiaries, and to withhold any distribution in whole
or in part until the Company, or any of its Subsidiaries, is so paid or reimbursed. In lieu thereof, the Company, or any of its Subsidiaries, shall have the right to withhold from any other cash amounts due or to become due from the Company, or any
of its Subsidiaries, to or with respect to Employee an amount equal to such taxes required to be withheld by the Company, or any of its Subsidiaries, to pay or reimburse the Company, or any of its Subsidiaries, for any such taxes or to retain and
withhold a number of shares of the Company’s Common Stock having a market value not less than the amount of such taxes and cancel any such shares so withheld in order to pay or reimburse the Company, or any of its Subsidiaries, for any such
taxes. Employee or any successor in interest is authorized to deliver shares of the Company’s Common Stock in satisfaction of minimum statutorily required tax withholding obligations. 
 8. Plan. The Award is granted pursuant to the Plan and is subject to the terms thereof (including all applicable vesting, forfeiture, settlement and other provisions). 

  
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 9. Construction and Capitalized Terms. This Agreement shall be administered, interpreted and
construed in accordance with the applicable provisions of the Plan. Capitalized terms in this Agreement have the meaning assigned to them in the Plan, unless this Agreement provides, or the context requires, otherwise. 

10. CPP Limitations. The Company has participated in the Troubled Asset Relief Program Capital Purchase Program (the “CPP”) created by
the U.S. Department of the Treasury (the “Treasury Department”) pursuant to authority granted under the Emergency Economic Stabilization Act of 2008, as amended from time to time (the “EESA”), and as such, the Company is required
to comply with the requirements of Section 111(b) of the EESA, in accordance with the guidance and regulations issued by the Treasury Department with respect to the CPP, as such guidance and regulations may be amended from time to time (the
“CPP Requirements”). Notwithstanding any other provision of this Agreement to the contrary, Employee acknowledges and understands that this Agreement shall be administered, interpreted and construed and, if applicable, benefits provided
hereunder, including where applicable vesting, shall be limited, deferred, forfeited and/or subject to repayment to the Company in accordance with the CPP Requirements and Section 111(b) of the EESA, to the extent legally applicable with
respect to Employee, as determined by the Committee in its discretion, including without limitation the clawback, the bonus prohibition and the golden parachute prohibitions thereof. 
 (Non-TARP Restricted Stock Agreement, 2010 Equity Plan) 

  
 - 4 -Exhibit 10.10

 Exhibit 10.10 
 VIRGINIA COMMERCE BANCORP, INC. 
 FORM OF 

STOCK OPTION AGREEMENT 
 This Stock Option Agreement (“Agreement”), which includes the attached Terms and Conditions, confirms the grant of a Stock Option (the “Option”) by VIRGINIA COMMERCE BANCORP, INC. (the
“Company”), to <<name>> (“Optionee”), under the Virginia Commerce Bancorp, Inc. 2010 Equity Plan (the “Plan”) as follows: 
  

			
	Date of Grant:	  	<<grant date>> (“Award Date”)
		
	Number and class of shares subject to Option:	  	<<number of shares>> shares of Common Stock (“Option Shares”)
		
	Exercise Price:	  	$<<price>> per Option Share
		
	Type of Option:	  	Incentive Stock Option
		
	Vesting Schedule:	  	<<insert vesting schedule>>; provided, that 100% of the Option Shares will become immediately vested and exercisable upon a Change in Control or upon the
termination of Optionee’s service with the Company or any Subsidiary due to Optionee’s death or disability.
		
	Expiration Date:	  	<<expiration date>> (“Expiration Date”), subject to earlier termination as provided in Paragraph 4 of the Terms and Conditions.

The Option is subject to the terms and conditions of the Plan and this Agreement, which includes the attached Terms and Conditions. By
signing below, the Company and Optionee agree to all of the terms and conditions of the Option. 
  

					
	VIRGINIA COMMERCE BANCORP, INC.	 		 	OPTIONEE
			
	  
	 		 	  

	W. Douglas Fisher	 		 	<< name>>
	Chairman of the Board	 		 	
			
	Date:
                                         
       	 		 	Date:
                                         
       

 TERMS AND CONDITIONS 
 (for Employee – Incentive Stock Option) 
 The following terms and conditions
apply to the Option granted to Optionee by the Company as specified on the preceding page (the “Summary Page”), which is an integral part of this Agreement. 
 1. Award of Option. In consideration of the services rendered to the Company or a Subsidiary by Optionee as an Employee, the Committee has granted to Optionee the Option, effective on the Award
Date. 
 2. Right to Exercise. Optionee may exercise the Option to the extent the Option has become vested and exercisable, subject to
the Expiration Date of the Option and the earlier termination as provided in Paragraph 4 below. 
 3. Method of Exercise. To exercise the
Option, Optionee must deliver to the Controller of the Company, or any other officer or agent as the Committee may designate: 

(a) a written notice signed by Optionee referencing this Agreement and stating the number of Option Shares as to which the Option is
being exercised, and 
 (b) payment in full of the aggregate Exercise Price for the number of Option Shares being purchased
either (i) in cash (including by check), in United States dollars, (ii) by delivery of already-owned shares of Common Stock having a Fair Market Value, determined as of the date the Option is exercised, equal to the amount of the aggregate
Exercise Price being paid in this manner, or (iii) in a combination thereof. Payment of the aggregate Exercise Price may also be made through a broker-assisted cashless exercise procedure as approved by the Committee from time to time.

 4. Early Termination of Option. 
 (a) Death or Disability. In the event of Optionee’s termination of service with the Company or any Subsidiary due to Optionee’s death or disability (as defined in Code
Section 22(e)(3)), any unvested portion of the Option, to the extent then outstanding, will become immediately vested and exercisable, and the Option will remain exercisable until the earlier of twelve months after such termination or the
Expiration Date, at which time the Option will terminate. 
 (b) Other Termination of Service. In the event
Optionee’s employment with the Company or a Subsidiary is terminated for Cause, any vested or unvested portion of the Option, to the extent then outstanding, will immediately terminate. In the event Optionee’s employment with the Company
or a Subsidiary terminates for any reason other than death, disability or Cause, any unvested portion of the Option, to the extent then outstanding, will immediately terminate, but any vested portion of the Option to the extent then outstanding,
will remain exercisable until the earlier of three months after such termination or the Expiration Date, at which time the vested portion of the Option will terminate. 
 5. Nontransferability. This Option may not be transferred by Optionee except by will or the laws of descent and distribution. During Optionee’s lifetime, only Optionee may exercise the Option.

 6. Tax Withholding. To the extent withholding is required by law, Optionee will be required to pay the Company or a Subsidiary, as
appropriate, the amount of any federal, state or local taxes that the Company, or such Subsidiary, is required to withhold in connection with the exercise of this Option. In lieu thereof, the Company or any Subsidiary will have the right to deduct
from all cash payments made in connection with the exercise of this Option any such taxes required to be withheld with respect to such exercise. In addition, the Company may permit Optionee to satisfy, in whole or in part, such obligation to remit
taxes, by directing the Company to withhold a number of Option Shares that would otherwise be received by Optionee upon exercise of the Option or by delivering to the Company shares of Common Stock owned by Optionee prior to exercising the Option,
in an amount equal to the amount of such taxes, in each case valued at the Fair Market Value on the date of the exercise. 

  
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 7. Additional Rule Regarding Exercisability of Option. This Option is intended to be treated as an
Incentive Stock Option within the meaning of Code Section 422. To the extent the aggregate Fair Market Value (determined as of the Award Date) of the Common Stock for which this Option (and all other options of Optionee that are intended to be
incentive stock options whether granted under the Plan or any other plan of the Company or any Subsidiary) becomes exercisable for the first time in any calendar year (including accelerated vesting upon a Change in Control) exceeds One Hundred
Thousand Dollars ($100,000), the Option may be exercised for the excess number of Option Shares as a Nonqualified Stock Option. The Company, however, shall not be liable to Optionee if the Internal Revenue Service or any court or other authority
having jurisdiction over such matters determines for any reason whatsoever that this Option or any portion thereof does not qualify as an incentive stock option. 
 8. Notification Upon Sale. Optionee shall give written notice to the Company’s Controller of any sale or other disposition of any Option Shares acquired under this Option, if Optionee sells or
otherwise disposes of any Option Shares acquired under this Option before the expiration of the later of the two-year period beginning on the Award Date or the one-year period beginning on the date that Optionee exercised this Option with respect to
such Option Shares. 
 9. Rights as a Stockholder. Optionee, or any transferee of this Option after Optionee’s death, shall have no
rights as a stockholder with respect to any Option Shares subject to this Option (including voting rights and dividends) prior to the date of the exercise of this Option for such Option Shares. 

10. Plan. The Option is granted pursuant to the Plan and is subject to the terms thereof (including all applicable vesting, forfeiture and other
provisions). The number and kind of shares of Common Stock purchasable and the Exercise Price are subject to adjustment in accordance with Section 15(b) of the Plan. 
 11. Construction and Capitalized Terms. This Agreement shall be administered, interpreted and construed in accordance with the applicable provisions of the Plan. Capitalized terms in this Agreement
have the meaning assigned to them in the Plan, unless this Agreement provides, or the context requires, otherwise. 

  
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