Document:

Exhibit 10.4

                           FIRST CAPITAL BANCORP, INC.

                            1994 STOCK INCENTIVE PLAN

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                                                 TABLE OF CONTENTS
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                                                                                                               Page

SECTION 1         DEFINITIONS.....................................................................................1
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         1.1      Definitions.....................................................................................1

SECTION 2         THE STOCK INCENTIVE PLAN........................................................................4

         2.1      Purpose of the Plan.............................................................................4

         2.2      Stock Subject to the Plan.......................................................................4

         2.3      Administration of the Plan......................................................................4

         2.4      Eligibility and Limits..........................................................................5

SECTION 3         TERMS OF STOCK INCENTIVES.......................................................................5

         3.1      Terms and Conditions of All Stock Incentives....................................................5

         3.2      Terms and Conditions of Options.................................................................6

                  (a) Option Price................................................................................6

                  (b) Option Term.................................................................................6

                  (c) Payment.....................................................................................7

                  (d) Conditions to the Exercise of an Option.....................................................7

                  (e) Special Provisions for Certain Substitute Options...........................................7

         3.3      Terms and Conditions of Stock Appreciation Rights...............................................7

                  (a) Settlement..................................................................................8

                  (b) Conditions to Exercise......................................................................8

         3.4      Terms and Conditions of Stock Awards............................................................8

         3.5      Terms and Conditions of Dividend Equivalent Rights..............................................8

                  (a) Payment.....................................................................................8

                  (b) Conditions to Payment.......................................................................8

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         3.6      Terms and Conditions of Performance Unit Awards.................................................8
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                  (a) Payment.....................................................................................9

                  (b) Conditions to Payment.......................................................................9

         3.7      Terms and Conditions of Phantom Shares..........................................................9

                  (a) Payment.....................................................................................9

                  (b) Conditions to Payment.......................................................................9

         3.8      Treatment of Awards Upon Termination of Employment..............................................9

SECTION 4         RESTRICTIONS ON STOCK..........................................................................10

         4.1      Escrow of Shares...............................................................................10

         4.2      Forfeiture of Shares...........................................................................10

         4.3      Restrictions on Transfer.......................................................................10

         5.1      Withholding....................................................................................10

         5.2      Changes in Capitalization Merger, Liquidation..................................................11

         5.3      Cash Awards....................................................................................12

         5.4      Right to Terminate Services....................................................................12

         5.5      Restrictions on Delivery rind Sale of Shares: Legends..........................................12

         5.6      Nonalienation of Benefit.......................................................................12

         5.7      Termination and Amendment of the Plan..........................................................13

         5.8      Choice of Law..................................................................................13

         5.9      Effective Date of Plan.........................................................................13
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                           FIRST CAPITAL BANCORP, INC.
                            1994 STOCK INCENTIVE PLAN

                             SECTION 1 DEFINITIONS

    1.1 DEFINITIONS. Whenever used herein, the masculine pronoun shall be deemed
to include the feminine, and the singular to include the plural, unless the
context clearly indicates otherwise, and the following capitalized words and
phrases are used herein with the meaning thereafter ascribed:

         (a) "BOARD OF DIRECTORS" means the board of directors of the Company.

         (b) "CAUSE" has the same meaning as provided in the employment
agreement between the Participant and the Company or, if applicable, any
affiliate of the Company on the date of Termination of Employment, or if no such
definition or employment agreement exists, "Cause" means conduct amounting to
(1) fraud or dishonesty against the employer, (2) Participant's willful
misconduct, repeated refusal to follow the reasonable directions of the board of
directors of the employer or knowing violation of law in the course of
performance of the duties of Participant's employment with the employer, (3)
repeated absences from work without a reasonable excuse, (4) intoxication with
alcohol or drugs while on the employer's premises during regular business hours,
(5) a conviction or plea of guilty or NOLO CONTENDERE to a felony or a crime
involving dishonesty, or (6) a material breach or violation of the terms of any
employment or other agreement to which Participant and the employer are party.

         (c) "CHANGE IN CONTROL" means any one of the following events:

                  (i) the acquisition by any person or persons acting in concert
of the Company's then outstanding voting securities if, after the transaction,
the acquiring person (or persons) owns, controls or holds with power to vote
twenty-five percent (25%) or more of any class of voting securities of the
Company or such other transaction as may be described under 12 C.F.R. Section
225.41(b)(1) or any successor thereto;

                  (ii) within any twelve-month period (beginning on or after the
effective date of the Plan) the persons who were directors of the Company
immediately before the beginning of such twelvemonth period (the "Incumbent
Directors") shall cease to constitute at least a majority of the Board of
Directors; provided that any director who was not a director as of the effective
date of the Plan shall be deemed to be an Incumbent Director if that director
was elected to the Board of Directors by, or on the recommendation of or with
the approval of, at least two-thirds of the directors who then qualified as
Incumbent Directors; and provided further that no director whose initial
assumption of office is in connection with an actual or threatened election
contest, as such terms are used in Rule 14a-11 of Regulation 14A promulgated
under the Securities Exchange Act of 1934, relating to the election of directors
of the Company shall be deemed to be an Incumbent Director; or

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                  (iii) the approval by the stockholders of the Company of a
reorganization, merger or consolidation, with respect to which persons who were
the stockholders of the Company immediately prior to such reorganization, merger
or consolidation do not, immediately thereafter, own more than fifty percent
(50%) of the combined voting power entitled to vote in the election of directors
of the reorganized, merged or consolidated company's then outstanding voting
securities.

         (d) "CODE" means the Internal Revenue Code of 1986, as amended, and the
rules and regulations promulgated thereunder.

         (e) "COMMITTEE" means a committee composed of members of the Board of
Directors appointed by the Board of Directors to administer the Plan.

         (f) "COMPANY" means First Capital Bancorp, Inc., a Georgia corporation.

         (g) "DISABILITY" has the same meaning as provided in the long-term
disability plan or policy maintained or, if applicable, most recently
maintained, by the Company or, if applicable, any affiliate of the Company for
the Participant. If no long-term disability plan or policy was ever maintained
on behalf of the Participant or if the determination of Disability relates to an
incentive stock option, Disability shall mean that condition described in Code
Section 22(e)(3), as amended from time to time. In the event of a dispute, the
determination of Disability shall be made by the Committee and shall be
supported by advice of a physician competent in the area to which such
Disability relates.

         (h) "DISPOSITION" means any conveyance, sale, transfer, assignment,
pledge or hypothecation, whether outright or as security, inter vivos or
testamentary, with or without consideration, voluntary or involuntary.

         (i) "DIVIDEND EQUIVALENT RIGHTS" means certain rights to receive cash
payments as described in Plan Section 3.5.

         (j) "FAIR MARKET VALUE" with regard to a date means, in the absence of
a specific determination by the Committee, the closing price at which shares of
Stock shall have been sold on the last trading date prior to that date as
reported by the National Association of Securities Dealers Automated Quotation
System (or, if applicable, as reported by a national securities exchange
selected by the Committee on which the shares of Stock are then actively traded)
and published in The Wall Street Journal; provided that, for any purpose
contemplated by the Plan, Fair Market Value of the shares of Stock may be
determined by the Committee by reference to the average market value determined
over a period certain or as of specified dates, to a tender offer price for the
shares of Stock (if settlement of an award is triggered by such an event) or to
any other reasonable measure of fair market value. If at the time of the
determination of Fair Market Value shares of Stock are not actively traded on
any market described above, Fair Market Value means the fair market value of a
share of Stock as determined by the Committee taking into account such facts and
circumstances deemed to be material by the Committee to the value of the Stock
in the hands of the Participant; provided, however, for purposes of determining
the Option price per share for an Incentive Stock Option, Fair Market Value
shall be determined by the Committee without regard to any restriction other

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than a restriction which, by its terms, will never lapse. Fair Market Value as
determined by the Committee shall be final, binding and conclusive upon each
Participant.

         (k) "OPTION" means a nonqualified stock option or an incentive stock
option as described in Plan Section 3.2.

         (l) "OVER 10% OWNER" means an individual who at any time an incentive
stock option is granted owns Stock possessing more than ten percent (10%) of the
total combined voting power of the Company or one of its Subsidiaries,
determined applying the attribution rules of Code Section 424(4).

         (m) "PARTICIPANT" means an individual who receives a Stock Incentive
hereunder.

         (n) "PERFORMANCE UNIT AWARD" refers to a performance unit award
described in Plan Section 3.6.

         (o) "PHANTOM SHARES" refers to the rights described in Plan Section
3.7.

         (p) "PLAN" means the First Capital Bancorp, Inc. 1994 Stock Incentive
Plan.

         (q) "STOCK" means the Company's common stock, $1.00 par value per
share.

         (r) "STOCK APPRECIATION RIGHT" means a stock appreciation right
described in Plan Section 3.3.

         (s) "STOCK AWARD" means a stock award described in Plan Section 3.4.

         (t) "STOCK INCENTIVE AGREEMENT" means a written agreement between the
Company and a Participant or other documentation evidencing an award of a Stock
Incentive.

         (u) "STOCK INCENTIVE PROGRAM" means a written agreement established by
the Committee pursuant to which Stock Incentives, other than Options or Stock
Appreciation Rights, are awarded under the Plan under uniform terms, conditions
and restrictions set forth in such written program.

         (v) "STOCK INCENTIVES" means, collectively, Dividend Equivalent Rights,
Options, Performance Unit Awards, Phantom Shares, Stock Appreciation Rights and
Stock Awards.

         (w) "SUBSIDIARY" means, with respect to the Company, any subsidiary
corporation within the meaning of Code Section 424(f).

         (x) "TERMINATION OF EMPLOYMENT" means the termination of the
employee-employer relationship between a Participant and the Company and its
affiliates, regardless of the fact that severance or similar payments are made
to the Participant for any reason, including, but not by way of limitation, a
termination by resignation, discharge, death, Disability or retirement. The
Committee shall, in its absolute discretion, determine the effect of all matters
and questions

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relating to a Termination of Employment, including, but not by way of
limitation, the question of whether a leave of absence constitutes a Termination
of Employment, or whether a Termination of Employment is for Cause.

                       SECTION 2 THE STOCK INCENTIVE PLAN

    2.1 PURPOSE OF THE PLAN. The Plan is intended to (a) provide incentive to
certain officers, key employees, directors and consultants of the Company and
its affiliates to stimulate their efforts toward the continued success of the
Company and to operate and manage the business in a manner that will provide for
the long-term growth and profitability of the Company; (b) encourage stock
ownership by certain officers, key employees, directors and consultants by
providing them with a means to acquire a proprietary interest in the Company by
acquiring shares of Stock or to receive compensation which is based upon
appreciation in the value of Stock; and (c) provide a means of obtaining and
rewarding key personnel.

    2.2 STOCK SUBJECT TO THE PLAN. Subject to adjustment in accordance with
Section 5.2, 250,000 shares of Stock (the "Maximum Plan Shares") are hereby
reserved exclusively for issuance pursuant to Stock Incentives. At no time shall
the Company have outstanding Stock Incentives and shares of Stock issued in
respect of Stock Incentives under the Plan in excess of the Maximum Plan Shares;
for this purpose, the shares of Stock attributable to the nonvested, unpaid,
unexercised, unconverted or otherwise unsettled portion of any Stock Incentive
that is forfeited or cancelled or expires or terminates for any reason without
becoming vested, paid, exercised, converted or otherwise settled in full shall
again be available for purposes of the Plan.

    After the first registration of an equity security of the Company or any
affiliate under Section 12 of the Securities Exchange Act of 1934, the
determinations required by the immediately preceding paragraph shall be computed
in accordance with Rule 16b-3 (a) (1) as promulgated under the Securities
Exchange Act of 1934, as amended from time to time.

    2.3 ADMINISTRATION OF THE PLAN. The Plan shall be administered by the
Committee. The Committee shall have full authority in its discretion to
determine the persons to whom Stock Incentives shall be granted and the terms
and provisions of Stock Incentives, subject to the Plan. Subject to the
provisions of the Plan, the Committee shall have full and conclusive authority
to interpret the Plan; to prescribe, amend and rescind rules and regulations
relating to the Plan; to determine the terms and provisions of the respective
Stock Incentive Agreements or Stock Incentive Programs and to make all other
determinations necessary or advisable for the proper administration of the Plan.
The Committee's determinations under the Plan need not be uniform and may be
made by it selectively among persons who receive, or are eligible to receive,
awards under the Plan (whether or not such persons are similarly situated). The
Committee's decisions shall be final and binding on all Participants.

    After the first registration of an equity security under Section 12 of the
Securities Exchange Act of 1934, the Committee shall consist of two or more
directors, each of whom is not, during the one year prior to service as a member
of the Committee, granted or awarded equity securities of the Company or an
affiliate pursuant to the Plan or any other plan of the issuer or an affiliate,
except as may be permitted under Rule 16b-3(c)(2)(i) promulgated under the
Securities Exchange Act of 1934.

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    2.4 ELIGIBILITY AND LIMITS. Stock Incentives may be granted only to
officers, key employees, directors and consultants of the Company or an
affiliate; provided, however, that Options which are incentive stock options may
only be granted to an employee of the Company or any Subsidiary. In addition,
with respect to options that are intended to be incentive stock options within
the meaning of Code Section 422, in the event the aggregate Fair Market Value
(determined as of the option grant date) of stock subject to such options (under
all plans of the Company and Subsidiaries) that first become exercisable during
any calendar year by an amount that exceeds $100,000, then such options in
excess of the limitation shall not be incentive stock options and, to the extent
such options were granted pursuant to this Plan, they shall be treated as
nonqualified stock options.

                      SECTION 3 TERMS OF STOCK INCENTIVES

    3.1 TERMS AND CONDITIONS OF ALL STOCK INCENTIVES.

         (a) The number of shares of Stock as to which a Stock Incentive shall
be granted shall be determined by the Committee in its sole discretion, subject
to the provisions of Section 2.2 as to the total number of shares available for
grants under the Plan.

         (b) Each Stock Incentive shall either be evidenced by a Stock Incentive
Agreement in such form and containing such terms, conditions and restrictions as
the Committee may determine is appropriate or be made subject to the terms of a
Stock Incentive Program, containing such terms, conditions and restrictions as
the Committee may determine is appropriate. Each Stock Incentive Agreement or
Stock Incentive Program shall be subject to the terms of the Plan and any
provision contained in the Stock Incentive Agreement or Stock Incentive Program
that is inconsistent with the Plan shall be null and void.

         (c) The date a Stock Incentive is granted shall be the date on which
the Committee has approved the terms and conditions of the Stock Incentive and
has determined the recipient of the Stock Incentive and the number of shares
covered by the Stock Incentive and has taken all such other action necessary to
complete the grant of the Stock Incentive.

         (d) The Committee may provide in any Stock Incentive Agreement or
pursuant to any Stock Incentive Program (or subsequent to the award of a Stock
Incentive but prior to its expiration or cancellation, as the case may be) that,
in the event of a Change in Control, the Stock Incentive shall or may be cashed
out on the basis of any price not greater than the highest price paid for a
share of Stock in any transaction reported by the National Association of
Securities Dealer Automated Quotation System or any national securities exchange
selected by the Committee on which the shares of Stock are then actively traded
during a specified period immediately preceding or including the date of the
Change in Control (or if the shares of Stock are not then actively traded on any
market, any price not greater than the highest price paid for a share of Stock
in any other transaction) or offered for a share of Stock in any tender offer
occurring during a specified period immediately preceding or including the date
the tender offer commences; provided that, in no case shall any such specified
period exceed one (1) year (the "Change in Control Price"). For purposes of this
Subsection, the cash-out of a Stock Incentive shall be determined as follows:

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                  (i) Options shall be cashed out on the basis of the excess, if
any, of the Change in Control Price over the Exercise Price with or without
regard to whether the Option may otherwise be exercisable only in part;

                  (ii) Stock Awards and Phantom Shares shall be cashed out in an
amount equal to the Change in Control Price with or without regard to any
conditions or restrictions otherwise applicable to any such Stock Incentive; and

                  (iii) Stock Appreciation Rights, Dividend Equivalent Rights
and Performance Unit Awards shall be cashed out with or without regard to any
conditions or restrictions otherwise applicable to any such Stock Incentive and
the amount of the cash out shall be determined by reference to the number of
shares of Stock that would be required to pay the Participant in kind for the
value of the Stock Incentive as of the date of the Change in Control multiplied
by the Change in Control Price.

         (e) Any Stock Incentive may be granted in connection with all or any
portion of a previously or contemporaneously granted Stock Incentive. Exercise
or vesting of a Stock Incentive granted in connection with another Stock
Incentive may result in a pro rata surrender or cancellation of any related
Stock Incentive, as specified in the applicable Stock Incentive Agreement or
Stock Incentive Program.

         (f) Stock Incentives shall not be transferable or assignable except by
will or by the laws of descent and distribution and shall be exercisable, during
the Participant's lifetime, only by the Participant; in the event of the
Disability of the Participant, by the legal representative of the Participant;
or in the event of the death of the Participant, by the personal representative
of the Participant's estate or if no personal representative has been appointed,
by the successor in interest determined under the Participant's will.

    3.2 TERMS AND CONDITIONS OF OPTIONS. Each Option granted under the Plan
shall be evidenced by a Stock Incentive Agreement, which shall specify, at a
minimum, the number of shares of Stock subject to the grant, the option price
and the option term. The Committee shall at the time of grant determine whether
an Option is to be an incentive stock option, within the meaning of Code Section
422, or a nonqualified stock option and its status shall be clearly identified
by the applicable Stock Incentive Agreement. An incentive stock option may only
be granted within ten (10) years from the earlier of the date the Plan is
adopted or approved by the Company's stockholders.

         (a) OPTION PRICE. Subject to adjustment in accordance with Section 5.2
and the other provisions of this Section 3.2, the exercise price (the "Exercise
Price") per share of Stock purchasable under any Option shall be as set forth in
the applicable Stock Incentive Agreement. With respect to an incentive stock
option grant to an Over 10% Owner, the Exercise Price shall in no event be less
than 110 % of Fair Market Value on the date the Option is granted.

         (b) OPTION TERM. The term of an Option shall be as specified in the
applicable Stock Incentive Agreement. With respect to an incentive stock option
grant to an Over 10% Owner, the term of the Option shall expire no later than
five (5) years from the date of grant. In addition, with respect to an Option
grant that is intended to be an incentive stock option, the applicable Stock
Incentive Agreement shall provide that, in the event of a Termination of
Employment, the then unexpired portion of the Option shall terminate no later
than the expiration

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of three (3) months after the date of Termination of Employment; provided,
however, that in the case of a Participant whose Termination of Employment is
due to death or Disability, a period of up to one (1) year may be substituted
for the three (3) month period.

         (c) PAYMENT. Payment for all shares of Stock purchased pursuant to
exercise of an Option shall be made in any form or manner authorized by the
Committee in the Stock Incentive Agreement or by amendment thereto, including,
but not limited to, cash or, if the Stock Incentive Agreement provides, (i) by
delivery to the Company of a number of shares of Stock which have been owned by
the holder for at least six (6) months prior to the date of exercise having an
aggregate Fair Market Value of not less than the product of the Exercise Price
multiplied by the number of shares the Participant intends to purchase upon
exercise of the Option on the date of delivery; (ii) in a cashless exercise
through a broker; or (iii) by having a number of shares of Stock withheld, the
Fair Market Value of which as of the date of exercise is sufficient to satisfy
the Exercise Price. In its discretion, the Committee also may authorize (at the
time an Option is granted or thereafter) Company financing to assist the
Participant as to payment of the Exercise Price on such terms as may be offered
by the Committee in its discretion. If a Stock Incentive Agreement so provides,
the Participant may be granted a new Option to purchase a number of shares of
Stock equal to the number of previously owned shares of Stock tendered in
payment of the Exercise Price for each share of Stock purchased pursuant to the
terms of the Stock Incentive Agreement. Payment shall be made at the time that
the Option or any part thereof is exercised, and no shares shall be issued or
delivered upon exercise of an option until full payment has been made by the
Participant. The holder of an Option, as such, shall have none of the rights of
a stockholder.

         (d) CONDITIONS TO THE EXERCISE OF AN OPTION. Each Option granted under
the Plan shall be exercisable by whom, at such time or times, or upon the
occurrence of such event or events, and in such amounts, as the Committee shall
specify in the Stock Incentive Agreement; provided, however, that subsequent to
the grant of an Option, the Committee, at any time before complete termination
of such Option, may accelerate the time or times at which such Option may be
exercised in whole or in part, including, without limitation, upon a Change in
Control and may permit the Participant or any other designated person to
exercise the Option, or any portion thereof, for all or part of the remaining
Option term notwithstanding any provision of the Stock Incentive Agreement to
the contrary.

         (e) SPECIAL PROVISIONS FOR CERTAIN SUBSTITUTE OPTIONS. Notwithstanding
anything to the contrary in this Section 3.2, any Option issued in substitution
for an option previously issued by another entity, which substitution occurs in
connection with a transaction to which Code Section 424(a) is applicable, may
provide for an exercise price computed in accordance with such Code Section and
the regulations thereunder and may contain such other terms and conditions as
the Committee may prescribe to cause such substitute Option to contain as nearly
as possible the same terms and conditions (including the applicable vesting and
termination provisions) as those contained in the previously issued option being
replaced thereby.

    3.3 TERMS AND CONDITIONS OF STOCK APPRECIATION RIGHTS. Each Stock
Appreciation Right granted under the Plan shall be evidenced by a Stock
Incentive Agreement. A

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Stock Appreciation Right shall entitle the Participant to receive the excess of
(1) the Fair Market Value of a specified or determinable number of shares of the
Stock at the time of payment or exercise over (2) a specified or determinable
price which, in the case of a Stock Appreciation Right granted in connection
with an Option, shall be not less than the Exercise Price for that number of
shares. A Stock Appreciation Right granted in connection with a Stock Incentive
may only be exercised to the extent that the related Stock Incentive has not
been exercised, paid or otherwise settled.

         (a) SETTLEMENT. Upon settlement of a Stock Appreciation Right, the
Company shall pay to the Participant the appreciation in cash or shares of Stock
(valued at the aggregate Fair Market Value on the date of payment or exercise)
as provided in the Stock Incentive Agreement or, in the absence of such
provision, as the Committee may determine.

         (b) CONDITIONS TO EXERCISE. Each Stock Appreciation Right granted under
the Plan shall be exercisable or payable at such time or times, or upon the
occurrence of such event or events, and in such amounts, as the Committee shall
specify in the Stock Incentive Agreement; provided, however, that subsequent to
the grant of a Stock Appreciation Right, the Committee, at any time before
complete termination of such Stock Appreciation Right, may accelerate the time
or times at which such Stock Appreciation Right may be exercised or paid in
whole or in part.

    3.4 TERMS AND CONDITIONS OF STOCK AWARDS. The number of shares of Stock
subject to a Stock Award and restrictions or conditions on such shares, if any,
shall be as the Committee determines, and the certificate for such shares shall
bear evidence of any restrictions or conditions. Subsequent to the date of the
grant of the Stock Award, the Committee shall have the power to permit, in its
discretion, an acceleration of the expiration of an applicable restriction
period with respect to any part or all of the shares awarded to a Participant.
The Committee may require a cash payment from the Participant in an amount no
greater than the aggregate Fair Market Value of the shares of Stock awarded
determined at the date of grant in exchange for the grant of a Stock Award or
may grant a Stock Award without the requirement of a cash payment.

    3.5 TERMS AND CONDITIONS OF DIVIDEND EQUIVALENT RIGHTS. A Dividend
Equivalent Right shall entitle the Participant to receive payments from the
Company in an amount determined by reference to any cash dividends paid on a
specified number of shares of Stock to Company stockholders of record during the
period such rights are effective. The Committee may impose such restrictions and
conditions on any Dividend Equivalent Right as the Committee in its discretion
shall determine, including the date any such right shall terminate and may
reserve the right to terminate, amend or suspend any such right at any time.

         (a) PAYMENT. Payment in respect of a Dividend Equivalent Right may be
made by the Company in cash or shares of Stock (valued at Fair Market Value on
the date of payment) as provided in the Stock Incentive Agreement or Stock
Incentive Program or, in the absence of such provision, as the Committee may
determine.

         (b) CONDITIONS TO PAYMENT. Each Dividend Equivalent Right granted under
the Plan shall be payable at such time or times, or upon the occurrence of such
event or events, and in such amounts, as the Committee shall specify in the
applicable Stock Incentive Agreement or Stock Incentive Program; provided,
however, that subsequent to the grant of a Dividend Equivalent Right, the
Committee, at any time before complete termination of such Dividend Equivalent
Right, may accelerate the time or times at which such Dividend Equivalent Right
may be paid in whole or in part.

    3.6 TERMS AND CONDITIONS OF PERFORMANCE UNIT AWARDS. A Performance Unit
Award shall entitle the Participant to receive, at a specified future date,
payment of an amount equal to all or a portion of the value of a specified or
determinable number of units (stated in terms of a

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designated or determinable dollar amount per unit) granted by the Committee. At
the time of the grant, the Committee must determine the base value of each unit,
the number of units subject to a Performance Unit Award, the performance factors
applicable to the determination of the ultimate payment value of the Performance
Unit Award and the period over which Company performance shall be measured. The
Committee may provide for an alternate base value for each unit under certain
specified conditions.

         (a) PAYMENT. Payment in respect of Performance Unit Awards may be made
by the Company in cash or shares of Stock (valued at Fair Market Value on the
date of payment) as provided in the applicable Stock Incentive Agreement or
Stock Incentive Program or, in the absence of such provision, as the Committee
may determine.

         (b) CONDITIONS TO PAYMENT. Each Performance Unit Award granted under
the Plan shall be payable at such time or times, or upon the occurrence of such
event or events, and in such amounts, as the Committee shall specify in the
applicable Stock Incentive Agreement or Stock Incentive Program; provided,
however, that subsequent to the grant of a Performance Unit Award, the
Committee, at any time before complete termination of such Performance Unit
Award, may accelerate the time or times at which such Performance Unit Award may
be paid in whole or in part.

    3.7 TERMS AND CONDITIONS OF PHANTOM SHARES. Phantom Shares shall entitle the
Participant to receive, at a specified future date, payment of an amount equal
to all or a portion of the Fair Market Value of a specified number of shares of
Stock at the end of a specified period. At the time of the grant, the Committee
shall determine the factors which will govern the portion of the rights so
payable, including, at the discretion of the Committee, any performance criteria
that must be satisfied as a condition to payment.

         (a) PAYMENT. Payment in respect of Phantom Shares may be made by the
Company in cash or shares of Stock (valued at Fair Market Value on the date of
payment) as provided in the applicable Stock Incentive Agreement or Stock
Incentive Program or, in the absence of such provision, as the Committee may
determine.

         (b) CONDITIONS TO PAYMENT. Each Phantom Share granted under the Plan
shall be payable at such time or times, or upon the occurrence of such event or
events, and in such amounts, as the Committee shall specify in the applicable
Stock Incentive Agreement or Stock Incentive Program; provided, however, that
subsequent to the grant of a Phantom Share, the Committee, at any time before
complete termination of such Phantom Share, may accelerate the time or times at
which such Phantom Share may be paid in whole or in part.

    3.8 TREATMENT OF AWARDS UPON TERMINATION OF EMPLOYMENT. Any award under this
Plan to a Participant who suffers a Termination of Employment may be cancelled,
accelerated, paid or continued, as provided in the applicable Stock Incentive
Agreement or Stock Incentive Program or, in the absence of such provision, as
the Committee may determine thereafter. The portion of any award exercisable in
the event of continuation or the amount of any payment due under a continued
award may be adjusted by the Committee to reflect the Participant's period of
service from the date of grant through the date of the Participant's Termination
of Employment or such other factors as the Committee determines are relevant to
its decision to continue the award.

                                       9
<PAGE>

                        SECTION 4 RESTRICTIONS ON STOCK

    4.1 ESCROW OF SHARES. Any certificates representing the shares of Stock
issued under the Plan shall be issued in the Participant's name, but, if the
applicable Stock Incentive Agreement or Stock Incentive Program so provides, the
shares of Stock shall be held by a custodian designated by the Committee (the
"Custodian"). Each applicable Stock Incentive Agreement or Stock Incentive
Program providing for transfer of shares of Stock to the Custodian shall appoint
the Custodian as the attorney-in-fact for the Participant for the term specified
in the applicable Stock Incentive Agreement or Stock Incentive Program, with
full power and authority in the Participant's name, place and stead to transfer,
assign and convey to the Company any shares of Stock held by the Custodian for
such Participant, if the Participant forfeits the shares under the terms of the
applicable Stock Incentive Agreement or Stock Incentive Program. During the
period that the Custodian holds the shares subject to this Section, the
Participant shall be entitled to all rights, except as provided in the
applicable Stock Incentive Agreement or Stock Incentive Program, applicable to
shares of Stock not so held. Any dividends declared on shares of Stock held by
the Custodian shall, as the Committee may provide in the applicable Stock
Incentive Agreement or Stock Incentive Program, be paid directly to the
Participant or, in the alternative, be retained by the Custodian until the
expiration of the term specified in the applicable Stock Incentive Agreement or
Stock Incentive Program and shall then be delivered, together with any proceeds,
with the shares of Stock to the Participant or to the Company, as applicable.

    4.2 FORFEITURE OF SHARES. In the event that the Participant violates a
noncompetition agreement either as set forth in the Stock Incentive Agreement or
Stock Incentive Program or otherwise, notwithstanding any provision in the Stock
Incentive Agreement or Stock Incentive Program to the contrary, the Committee
may forfeit all Stock Incentives and shares of Stock issued to the holder
pursuant to the Plan; provided, however, that the Company shall return to the
holder the lesser of any consideration paid by the Participant in exchange for
Stock issued to the Participant pursuant to the Plan or the then Fair Market
Value of any Stock forfeited hereunder.

    4.3 RESTRICTIONS ON TRANSFER. The Participant shall not have the right to
make or permit to exist any Disposition of the shares of Stock issued pursuant
to the Plan except as provided in the Plan or the applicable Stock Incentive
Agreement or Stock Incentive Program. Any Disposition of the shares of Stock
issued under the Plan by the Participant not made in accordance with the Plan or
the applicable Stock Incentive Agreement or Stock Incentive Program shall be
void. The Company shall not recognize, or have the duty to recognize, any
Disposition not made in accordance with the Plan and the applicable Stock
Incentive Agreement or Stock Incentive Program, and the shares so transferred
shall continue to be bound by the Plan and the applicable Stock Incentive
Agreement or Stock Incentive Program.

                          SECTION 5 GENERAL PROVISIONS

    5.1 WITHHOLDING. The Company shall deduct from all cash distributions under
the Plan any taxes required to be withheld by federal, state or local
government. Whenever the Company proposes or is required to issue or transfer
shares of Stock under the Plan or upon the vesting of any Stock Award, the
Company shall have the right to require the recipient to remit to the Company an
amount sufficient to satisfy any federal, state and local withholding tax
requirements prior to the delivery of any certificate or certificates for such
shares or the vesting of such Stock

                                       10
<PAGE>

Award. A Participant may pay the withholding tax in cash, or, if the applicable
Stock Incentive Agreement or Stock Incentive Program provides, a Participant may
elect to have the number of shares of Stock he is to receive reduced by, or with
respect to a Stock Award, tender back to the Company, the smallest number of
whole shares of Stock which, when multiplied by the Fair Market Value of the
shares of Stock determined as of the Tax Date (defined below), is sufficient to
satisfy federal, state and local, if any, withholding taxes arising from
exercise or payment of a Stock Incentive (a "Withholding Election"). A
Participant may make a Withholding Election only if both of the following
conditions are met:

         (a) The Withholding Election must be made on or prior to the date on
which the amount of tax required to be withheld is determined (the "Tax Date")
by executing and delivering to the Company a properly completed notice of
Withholding Election as prescribed by the Committee; and

         (b) Any Withholding Election made will be irrevocable; however, the
Committee may in its sole discretion disapprove and give no effect to the
Withholding Election.

If a Participant is considered by the Committee to be subject to Section 16 of
the Securities Exchange Act of 1934 at the time of tendering a Withholding
Election, that Withholding Election will be given no effect at least until the
Company has been subject to the reporting requirements of Section 13 of the
Securities Exchange Act of 1934 for at least one year and has filed all reports
and statements required to be filed pursuant to that Section during that year.

    5.2 CHANGES IN CAPITALIZATION MERGER, LIQUIDATION.

         (a) The number of shares of Stock reserved for the grant of Options,
Dividend Equivalent Rights, Performance Unit Awards, Phantom Shares, Stock
Appreciation Rights and Stock Awards; the number of shares of Stock reserved for
issuance upon the exercise or payment, as applicable, of each outstanding
Option, Dividend Equivalent Right, Performance Unit Award, Phantom Share and
Stock Appreciation Right and upon vesting or grant, as applicable, of each Stock
Award; the Exercise Price of each outstanding; Option and the specified number
of shares of Stock to which each outstanding Dividend Equivalent Right, Phantom
Share and Stock Appreciation Right pertains shall be proportionately adjusted
for any increase or decrease in the number of issued shares of Stock resulting
from a subdivision or combination of shares or the payment of a stock dividend
in shares of Stock to holders of outstanding shares of Stock or any other
increase or decrease in the number of shares of Stock outstanding effected
without receipt of consideration by the Company.

         (b) In the event of a merger, consolidation or other reorganization of
the Company or tender offer for shares of Stock, including a Change in Control,
the Committee may make such adjustments with respect to awards and take such
other action as it deems necessary or appropriate to reflect or in anticipation
of such merger, consolidation, reorganization or tender offer, including,
without limitation, the substitution of new awards, the acceleration of awards,
the early expiration of awards, the removal of restrictions on outstanding
awards or the cash-out of the awards, in cash or in kind, based upon the Change
in Control price or, for events other than a Change in Control, the Fair Market
Value of the Stock determined as of a date within thirty (30) days immediately
prior to the transaction, as provided in the applicable Stock Incentive
Agreement or, if not expressly addressed therein, as the Committee subsequently
may determine in the event of any such merger, consolidation or other
reorganization or tender offer.

                                       11
<PAGE>

         (c) The existence of the Plan and the Stock Incentives granted pursuant
to the Plan shall not affect in any way the right or power of the Company to
make or authorize any adjustment, reclassification, reorganization or other
change in its capital or business structure, any merger or consolidation of the
Company, any issue of debt or equity securities having preferences or priorities
as to the Stock or the rights thereof, the dissolution or liquidation of the
Company, any sale or transfer of all or any part of its business or assets, or
any other corporate act or proceeding. Any adjustment pursuant to this Section
5.2 may provide, in the Committee's discretion, for the elimination without
payment therefor of any fractional shares that might otherwise become subject to
any Stock Incentive.

    5.3 CASH AWARDS. The Committee may, at any time and in its discretion, grant
to any holder of a Stock Incentive the right to receive, at such times and in
such amounts as determined by the Committee in its discretion, a cash amount
which is intended to reimburse such person for all or a portion of the federal,
state and local income taxes imposed upon such person as a consequence of the
receipt of the Stock Incentive or the exercise of rights thereunder.

    5.4 RIGHT TO TERMINATE SERVICES. Nothing in the Plan or in any Stock
Incentive shall confer upon any Participant the right to continue as an
employee, officer or a member of the Board of Directors of the Company or any of
its affiliates or affect the right of the Company or any of its affiliates to
terminate the Participant's relationship with the Company or any of its
affiliates at any time.

    5.5 RESTRICTIONS ON DELIVERY RIND SALE OF SHARES: LEGENDS. Each Stock
Incentive is subject to the condition that if at any time the Committee, in its
discretion, shall determine that the listing, registration or qualification of
the shares covered by such Stock Incentive upon any securities exchange or under
any state or federal law is necessary or desirable as a condition of or in
connection with the granting of such Stock Incentive or the purchase or delivery
of shares thereunder, the delivery of any or all shares pursuant to such Stock
Incentive may be withheld unless and until such listing, registration or
qualification shall have been effected. If a registration statement is not in
effect under the Securities Act of 1933 or any applicable state securities laws
with respect to the shares of Stock purchasable or otherwise deliverable under
Stock Incentives then outstanding, the Committee may require, as a condition of
exercise of any Option or as a condition to any other delivery of Stock pursuant
to a Stock Incentive, that the Participant or other recipient of a Stock
Incentive represent, in writing, ;hat the shares received pursuant to the Stock
Incentive are being acquired for investment and not with a view to distribution
and agree that the shares will not be disposed of except pursuant to an
effective registration statement, unless the Company shall have received an
opinion of counsel that such disposition is exempt from such requirement under
the Securities Act of 1933 and any applicable state securities laws. The Company
may include on certificates representing shares delivered pursuant to a Stock
Incentive such legends referring to the foregoing representations or
restrictions or any other applicable restrictions on resale as the Company, in
its discretion, shall deem appropriate.

    5.6 NONALIENATION OF BENEFIT. Other than as specifically provided with
regard to the death of a Participant, no benefit under the Plan shall be subject
in any manner to anticipation, alienation, sale, transfer, assignment, pledge,
encumbrance or charge; and any attempt to do so shall be void. No such benefit
shall, prior to receipt by the Participant, be in any manner liable for or
subject to the debts, contracts, liabilities, engagements or torts of the
Participant.

                                       12
<PAGE>

    5.7 TERMINATION AND AMENDMENT OF THE PLAN. The Board of Directors at any
time may amend or terminate the Plan without stockholder approval; provided,
however, that the Board of Directors may condition any amendment on the approval
of stockholders of the Company if such approval is necessary or advisable with
respect to tax, securities or other applicable laws. No such termination or
amendment without the consent of the holder of a Stock Incentive shall adversely
affect the rights of the Participant under such Stock Incentive.

    5.8 CHOICE OF LAW. The laws of the State of Georgia shall govern the Plan,
to the extent not preempted by federal law.

    5.9 EFFECTIVE DATE OF PLAN. The Plan shall become effective upon the date
the Plan is approved by the Board of Directors.

                                                     FIRST CAPITAL BANCORP, INC.

                                                     By:  /s/ William R. Blanton
                                                         -----------------------

                                                     Title:  President
                                                            --------------------
Attest:

/s/ E. Grey Winstead
---------------------------
Secretary

         [CORPORATE SEAL]

                                       13EXHIBIT 10.5

                        NON-QUALIFIED STOCK OPTION AWARD
                     PURSUANT TO FIRST CAPITAL BANCORP, INC.
                            1994 STOCK INCENTIVE PLAN

         THIS AWARD is made as of the Grant Date by FIRST CAPITAL BANCORP, INC.
(the "Company") to (the "Optionee"). ----------------

         Upon and subject to the Terms and Conditions attached hereto and
incorporated herein by reference, the Company hereby awards as of the Grant Date
to Optionee a non-qualified stock option (the "Option"), as described below, to
purchase the Option Shares.

         A.       Grant Date: __________.

         B.       Type of Option: Non-Qualified Stock Option.

         C.       Plan under which granted: First Capital Bancorp, Inc.
                  1994 Stock Incentive Plan.

         D.       Option Shares: All or any part of __________shares of
                  the Company's common stock, $1.00 par value per share
                  (the "Common Stock"), subject to adjustment as
                  provided in the attached Terms and Conditions.

         E.       Exercise Price: $3.30 per share, subject to
                  adjustment as provided in the attached Terms and
                  Conditions.

         F.       Option Period: The Option may be exercised only
                  during the Option Period which commences on the Grant
                  Date and ends, generally, on the earlier of (a) the
                  tenth (10th) anniversary of the Grant Date; or (b)
                  the later of the date (i) 30 days following the date
                  the Optionee ceases to be an employee of the Company
                  or any Subsidiary and/or a director of the Company or
                  any Subsidiary for any reason other than retirement
                  at age 65, death or Disability or (ii) nine months
                  following the date the Optionee ceases to be an
                  employee of the Company or any Subsidiary and/or a
                  director of the Company or any Subsidiary due to
                  retirement at age 65, death or Disability; provided
                  that the Option may be exercised as to no more than
                  the vested Option Shares, determined pursuant to the
                  Vesting Schedule. NOTE THAT OTHER LIMITATIONS TO
                  EXERCISING THE OPTION, AS DESCRIBED IN THE ATTACHED
                  TERN AND CONDITIONS, MAY APPLY.

         G.       Vesting Schedule: The Option Shares shall
                  become vested in accordance with the
                  attached Vesting Schedule. All or a portion
                  of the Option Shares may become vested on an
                  earlier date as provided in the attached
                  Terms and Conditions.

         IN WITNESS WHEREOF, the Company has executed and sealed this Award as
of the Grant Date set forth above.

                                            FIRST CAPITAL BANCORP, INC.

                                            By:
                                               ---------------------------------

                                            Title:
                                                  ------------------------------

<PAGE>

                              TERMS AND CONDITIONS
                                     TO THE
                        NON-QUALIFIED STOCK OPTION AWARD
                     PURSUANT TO FIRST CAPITAL BANCORP, INC.
                            1994 STOCK INCENTIVE PLAN

         1. EXERCISE OF OPTION. Subject to the provisions provided herein or in
the Award made pursuant to the First Capital Bancorp, Inc. 1994 Stock Incentive
Plan:

                  (a) the Option may be exercised with respect to all or any
         portion of the vested Option Shares at any time during the Option
         Period by the delivery to the Company, at its principal place of
         business, of a written notice of exercise in substantially the form
         attached hereto as Exhibit 1, which shall be actually delivered to the
         Company no earlier than thirty (30) days and no later than ten (10)
         days prior to the date upon which Optionee desires to exercise all or
         any portion of the Option;

                  (b) payment to the Company of the Exercise Price MULTIPLIED BY
         the number of Option Shares being purchased (the "Purchase Price") as
         provided in Section 2; and

                  (c) payment of any tax withholding liability as provided in
         Section 4.

Upon acceptance of such notice and receipt of payment in full of the Purchase
Price and any tax withholding liability, the Company shall cause to be issued a
certificate representing the Option Shares purchased.

         2. PURCHASE PRICE. Payment of the Purchase Price for all Option Shares
purchased pursuant to the exercise of an Option shall be made in cash or
certified check or, alternatively, as follows:

                  (a) by delivery to the Company of a number of shares of Common
         Stock which have been owned by the Optionee for at least six (6) months
         prior to the date of the Option's exercise having a fair market value,
         as determined under the Plan, on the date of exercise either equal to
         the Purchase Price or in combination with cash or a certified check to
         equal the Purchase Price; or

                  (b) if and when the Common Stock becomes traded by brokers,
         whether on a national securities exchange or otherwise, by receipt of
         the Purchase Price in cash from a broker, dealer or other "creditor" as
         defined by Regulation T issued by the Board of Governors of the Federal
         Reserve System following delivery by the Optionee to the Committee of
         instructions in a form acceptable to the Committee regarding delivery
         to such broker, dealer or other creditor of that number of Option
         Shares with respect to which the Option is exercised.

                                       2

<PAGE>

         3. VESTED OPTION SHARES. The Option Shares shall become vested in the
manner provided in the Vesting Schedule attached hereto; provided, however, that
all Option Shares shall become vested no later than the date of a Change in
Control, or any earlier date specified by the Committee in writing to the
Optionee subsequent to or contemporaneously with a determination by the
Committee that a Change in Control is imminent.

         4. WITHHOLDING. The Optionee must pay to the Company the full amount of
the federal, state and local tax withholding obligation arising from the
exercise of the Option.

                  (a) The tax withholding liability may be paid in cash or by
         certified check, or, alternatively, as follows:

                           (i) by the Optionee making a written election (a
                  "Withholding Election") on or prior to the date on which the
                  amount of tax required to be withheld is determined (the "Tax
                  Date") to reduce the number of Option Shares to be issued upon
                  exercise by the whole number of shares of Common Stock having
                  a fair market value, as determined under the Plan, equal to
                  the amount of withholding tax;

                           (ii) by the Optionee making a Withholding Election
                  and delivering to the Company before the Tax Date a whole
                  number of shares of Common Stock that the Optionee has owned
                  for at least six (6) months having a fair market value equal
                  to the amount of withholding tax; or

                           (iii) if and when the Common Stock becomes traded by
                  brokers, whether on a national securities exchange or
                  otherwise, by the Optionee making a Withholding Election prior
                  to the Tax Date to have a broker, dealer or other "creditor"
                  as defined by Regulation T issued by the Board of Governors of
                  the Federal Reserve System deliver the amount of the tax
                  withholding due in cash to the Company after the Optionee has
                  delivered to the Committee instructions acceptable to the
                  Committee regarding the delivery of the number of Option
                  Shares being exercised to such broker, dealer or other
                  creditor.

                  (b) A Withholding Election must be made substantially in the
         form attached as Exhibit 2 and may be made only if:

                           (i) the Optionee delivers to the Company a completed
                  written Withholding Election no later than on the Tax Date;

                           (ii) the Withholding Election is irrevocable and,
                  where applicable, satisfies the requirements of the exemption
                  provided under Rule 16b-3 of the Securities Exchange Act of
                  1934; and

                  (iii) the Optionee delivers to the Company the Withholding
         Election on a date determined by the Committee (I.E., at least six (6)
         months prior to the Tax Date or prior to the Tax Date and in any
         ten-day period beginning on the third day

                                       3
<PAGE>

         following the release of the Company's quarterly or annual summary
         statement of sales and earnings), if the Optionee is considered by the
         Committee to be subject to Section 16 of the Securities Exchange Act of
         1934.

                  The Committee may give no effect to any Withholding Election.
         No Withholding Election may be exercised until at least one year after
         the Company has been subject to the reporting requirements of Section
         13 of the Securities Exchange Act of 1934 and has filed all reports and
         statements required to be filed pursuant to that Section during that
         year.

         5. RIGHTS AS SHAREHOLDER. Until the stock certificates reflecting the
Option Shares accruing to the Optionee upon exercise of the Option are issued to
the Optionee, the Optionee shall have no rights as a shareholder with respect to
such Option Shares. The Company shall make no adjustment for any dividends or
distributions or other rights on or with respect to Option Shares for which the
record date is prior to the issuance of that stock certificate, except as the
Plan or the attached Award otherwise provides.

         6. RESTRICTION ON TRANSFER OF OPTION AND OF OPTION SHARES. The Option
evidenced hereby is nontransferable other than by will or the laws of descent
and distribution and shall be exercisable during the lifetime of the Optionee
only by the Optionee (or in the event of his disability, by his personal
representative) and after his death, only by his legatee or the executor of his
estate.

         7. CHANGES IN CAPITALIZATION.

                  (a) Except as provided in Subsection (b) below, if the number
         of shares of Common Stock shall be increased or decreased by reason of
         a subdivision or combination of shares of Common Stock, the payment of
         a stock dividend in shares of Common Stock or any other increase or
         decrease in the number of shares of Common Stock outstanding effected
         without receipt of consideration by the Company, an appropriate
         adjustment shall be made by the Committee, in a manner determined in
         its sole discretion, in the number and kind of Option Shares and in the
         Exercise Price.

                  (b) In the event of a Change in Control pursuant to which the
         Company is not the surviving entity and the surviving entity does not
         agree to the assumption of the Option, the Committee may elect to
         terminate the Option Period as of the date of the Change in Control in
         consideration of the payment to the Optionee of the sum of the
         difference between the then Fair Market Value of the Common Stock and
         the Exercise Price for each Option Share as to which the Option has not
         been exercised as of the date of the Change in Control.

                  (c) The existence of the Plan and the Option granted pursuant
         to this Agreement shall not affect in any way the right or power of the
         Company to make or authorize any adjustment, reclassification,
         reorganization or other change in its capital or business structure,
         any merger or consolidation of the Company, any issue of debt or equity
         securities having preferences or priorities as to the Common Stock or
         the rights

                                       4
<PAGE>

         thereof, the dissolution or liquidation of the Company, any sale or
         transfer of all or any part of its business or assets, or any other
         corporate act or proceeding. Any adjustment pursuant to this Section
         may provide, in the Committee's discretion, for the elimination without
         payment therefor of any fractional shares that might otherwise become
         subject to any Option.

         8. SPECIAL LIMITATION ON EXERCISE. No purported exercise of the Option
shall be effective without the approval of the Committee, which may be withheld
to the extent that the exercise, either individually or in the aggregate
together with the exercise of other previously exercised stock options and/or
offers and sales pursuant to any prior or contemplated offering of securities,
would, in the sole and absolute judgment of the Committee, require the filing of
a registration statement with the United States Securities and Exchange
Commission or with the securities commission of any state. If a registration
statement is not in effect under the Securities Act of 1933 or any applicable
state securities law with respect to shares of Common Stock purchasable or
otherwise deliverable under the Option, the Optionee (a) shall deliver to the
Company, prior to the exercise of the Option or as a condition to the delivery
of Common Stock pursuant to the exercise of an Option exercise, such
information, representations and warranties as the Company may reasonably
request in order for the Company to be able to satisfy itself that the Option
Shares are being acquired in accordance with the terms of an applicable
exemption from the securities registration requirements of applicable federal
and state securities laws and (b) shall agree that the shares of Common Stock so
acquired will not be disposed of except pursuant to an effective registration
statement, unless the Company shall have received an opinion of counsel that
such disposition is exempt from such requirement under the Securities Act of
1933 and any applicable state securities law.

         9. LEGEND ON STOCK CERTIFICATES. Certificates evidencing the Option
Shares, to the extent appropriate at the time, shall have noted conspicuously on
the certificates a legend intended to give all persons full notice of the
existence of the conditions, restrictions, rights and obligations set forth
herein and in the Plan.

         10. GOVERNING LAWS. This Award and the Terms and Conditions shall be
construed, administered and enforced according to the laws of the State of
Georgia.

         11. SUCCESSORS. This Award and the Terms and Conditions shall be
binding upon and inure to the benefit of the heirs, legal representatives,
successors and permitted assigns of the Optionee and the Company.

         12. NOTICE. Except as otherwise specified herein, all notices and other
communications under this Award shall be in writing and shall be deemed to have
been given if personally delivered or if sent by registered or certified United
States mail, return receipt requested, postage prepaid, addressed to the
proposed recipient at the last known address of the recipient. Any party may
designate any other address to which notices shall be sent by giving notice of
the address to the other parties in the same manner as provided herein.

                                       5
<PAGE>

         13. SEVERABILITY. In the event that any one or more of the provisions
or portion thereof contained in the Award and these Terms and Conditions shall
for any reason be held to be invalid, illegal or unenforceable in any respect,
the same shall not invalidate or otherwise affect any other provisions of the
Award and these Terms and Conditions, and the Award and these Terms and
Conditions shall be construed as if the invalid, illegal or unenforceable
provision or portion thereof had never been contained herein.

         14. ENTIRE AGREEMENT. Subject to the terms and conditions of the Plan,
the Award and the Terms and Conditions express the entire understanding of the
parties with respect to the Option.

         15. VIOLATION. Any transfer, pledge, sale, assignment, or hypothecation
of the Option or any portion thereof shall be a violation of the terms of the
Award or these Terms and Conditions and shall be void and without effect.

         16. HEADINGS AND CAPITALIZED TERMS. Section headings used herein are
for convenience of reference only and shall not be considered in construing the
Award or these Terms and Conditions. Capitalized terms used, but not defined, in
either the Award or the Terms and Conditions shall be given the meaning ascribed
to them in the Plan.

         17. SPECIFIC PERFORMANCE. In the event of any actual or threatened
default in, or breach of, any of the terms, conditions and provisions of the
Award and these Terms and Conditions, the party or parties who are thereby
aggrieved shall have the right to specific performance and injunction in
addition to any and all other rights and remedies at law or in equity, and all
such rights and remedies shall be cumulative.

         18. NO RIGHT TO CONTINUED EMPLOYMENT. Neither the establishment of the
Plan nor the award of Option Shares hereunder shall be construed as giving the
Optionee the right to continued employment with the Company or any Subsidiary
or, where applicable, to be retained as a member of the board of directors of
the Company or any Subsidiary.

<PAGE>

                                    EXHIBIT 1
                                    ---------

                              NOTICE OF EXERCISE OF
                            STOCK OPTION TO PURCHASE
                                 COMMON STOCK OF
                           FIRST CAPITAL BANCORP, INC.

                                        Name
                                             -----------------------------------
                                        Address
                                                --------------------------------

                                        Date
                                             -----------------------------------

First Capital Bancorp, Inc.
1725 Indian Trail Road
Norcross, Georgia  30093
Attn:  Corporate Secretary

Re:      Exercise of Non-Qualified Stock Option

Gentlemen:

         Subject to acceptance hereof by First Capital Bancorp, Inc. (the
"Company") pursuant to the provisions of the First Capital Bancorp, Inc. 1994
Stock Incentive Plan (the "Plan") I hereby give notice of my election to
exercise options granted to me to purchase __________ shares of Common Stock of
the Company under the Non-Qualified Stock Option Award (the "Award") dated as of
____________. The purchase shall take place as of __________, (the "Exercise
Date"). --------

         On or before the Exercise Date, I will pay the applicable purchase
price as follows:

         [ ]      by delivery of cash or a certified check for $__________ for
                  the full purchase price payable to the order of First Capital
                  Bancorp, Inc.

         [ ]      by delivery of cash or a certified check for $__________
                  representing a portion of the purchase price with the balance
                  to consist of shares of Common Stock that I have owned for at
                  least six months and that are represented by a stock
                  certificate I will surrender to the Company with my
                  endorsement. If the number of shares of Common Stock
                  represented by such stock certificate exceed the number to be
                  applied against the purchase price, I understand that a new
                  stock certificate will be issued to me reflecting the excess
                  number of shares.

             EXHIBIT 1 to Non-Qualified Stock Option Award - Page 1

<PAGE>

         [ ]      by delivery of a stock certificate representing shares of
                  Common Stock that I have owned for at least six months which I
                  will surrender to the Company with my endorsement as payment
                  of the purchase price. If the number of shares of Common Stock
                  represented by such certificate exceed the number to be
                  applied against the purchase price, I understand that a new
                  certificate will be issued to me reflecting the excess number
                  of shares.

         [ ]      by delivery of the purchase price by _______________________,
                  a broker, dealer or other "creditor" as defined by Regulation
                  T issued by the Board of Governors of the Federal Reserve
                  System. I hereby authorize the Company to issue a stock
                  certificate for the number of shares indicated above in the
                  name of said broker, dealer or other creditor or its nominee
                  pursuant to instructions received by the Company and to
                  deliver said stock certificate directly to that broker, dealer
                  or other creditor (or to such other party specified in the
                  instructions received by the Company from the broker, dealer
                  or other creditor) upon receipt of the purchase price.

         The required federal, state and local income tax withholding
obligations, if any, on the exercise of the Award sha1l also be paid on or
before the Exercise Date in the manner provided in the Withholding Election
previously tendered or to be tendered to the Company no later than the Exercise
Date.

         As soon as the stock certificate is registered in my name, please
deliver it to me at the above address.

                  If the Common Stock being acquired is not registered for
         issuance to and resale by the Optionee pursuant to an effective
         registration statement on Form S-8 (or successor form) filed under the
         Securities Act of 1933, as amended (the "1933 Act"), I hereby
         represent, warrant, covenant, and agree with the Company as follows:

                  The shares of the Common Stock being acquired by me will be
         acquired for my own account without the participation of any other
         person, with the intent of holding the Common Stock for investment and
         without the intent of participating, directly or indirectly, in a
         distribution of the Common Stock and not with a view to, or for resale
         in connection with, any distribution of the Common Stock, nor am I
         aware of the existence of any distribution of the Common Stock;

                  I am not acquiring the Common Stock based upon any
         representation, oral or written, by any person with respect to the
         future value of, or income from, the Common Stock but rather upon an
         independent examination and judgment as to the prospects of the
         Company;

                  The Common Stock was not offered to me by means of publicly
         disseminated advertisements or sales literature, nor am I aware of any
         offers made to other persons by such means;

             EXHIBIT 1 to Non-Qualified Stock Option Award - Page 2

<PAGE>

                  I am able to bear the economic risks of the investment in the
         Common Stock, including the risk of a complete loss of my investment
         therein;

                  I understand and agree that the Common Stock will be issued
         and sold to me without registration under any state law relating to the
         registration of securities for sale, and will be issued and sold in
         reliance on the exemptions from registration under the 1933 Act,
         provided by Sections 3(b) and/or 4(2) thereof and the rules and
         regulations promulgated thereunder;

                  The Common Stock cannot be offered for sale, sold or
         transferred by me other than pursuant to: (A) an effective registration
         under the 1933 Act or in a transaction otherwise in compliance with the
         1933 Act; and (B) evidence satisfactory to the Company of compliance
         with the applicable securities laws of other jurisdictions. The Company
         shall be entitled to rely upon an opinion of counsel satisfactory to it
         with respect to compliance with the above laws;

                  The Company will be under no obligation to register the Common
         Stock or to comply with any exemption available for sale of the Common
         Stock without registration or filing, and the information or conditions
         necessary to permit routine sales of securities of the Company under
         Rule 144 under the 1933 Act are not now available and no assurance has
         been given that it or they will become available. The Company is under
         no obligation to act in any manner so as to make Rule 144 available
         with respect to the Common Stock;

                  I have and have had complete access to and the opportunity to
         review and make copies of all material documents related to the
         business of the Company, including, but not limited to, contracts,
         financial statements, tax returns, leases, deeds and other books and
         records. I have examined such of these documents as I wished and am
         familiar with the business and affairs of the Company. I realize that
         the purchase of the Common Stock is a speculative investment and that
         any possible profit therefrom is uncertain;

                  I have had the opportunity to ask questions of and receive
         answers from the Company and any person acting on its behalf and to
         obtain all material information reasonably available with respect to
         the Company and its affairs. I have received all information and data
         with respect to the Company which I have requested and which I have
         deemed relevant in connection with the evaluation of the merits and
         risks of my investment in the Company;

                  I have such knowledge and experience in financial and business
         matters that I am capable of evaluating the merits and risks of the
         purchase of the Common Stock hereunder and I am able to bear the
         economic risk of such purchase; and

                  The agreements, representations, warranties and covenants made
         by me herein extend to and apply to all of the Common Stock of the
         Company issued to me pursuant to this Award. Acceptance by me of the
         certificate representing such Common Stock shall

             EXHIBIT 1 to Non-Qualified Stock Option Award - Page 3

<PAGE>

         constitute a confirmation by me that all such agreements,
         representations, warranties and covenants made herein shall be true and
         correct at that time.

                  I understand that the certificates representing the shares
         being purchased by me in accordance with this notice shall bear a
         legend referring to the foregoing covenants, representations and
         warranties and restrictions on transfer, and I agree that a legend to
         that effect may be placed on any certificate which may be issued to me
         as a substitute for the certificates being acquired by me in accordance
         with this notice.

                                                     Very truly yours,

                                                     __________________________

AGREED TO AND ACCEPTED:

FIRST CAPITAL BANCORP, INC.

By:
   -----------------------------------------

Title:
      --------------------------------------

Number of Shares
Exercised:
          ----------------------------------

Number of Shares
Remaining:                                          Date:
          ----------------------------------              ---------------------

             EXHIBIT 1 to Non-Qualified Stock Option Award - Page 4

<PAGE>

                                    EXHIBIT 2

                         NOTICE OF WITHHOLDING ELECTION
                           FIRST CAPITAL BANCORP, INC.

TO:          Corporate Secretary, First Capital Bancorp, Inc.
FROM:
             --------------------------------------------------------
RE:          Withholding Election
-----------------------------------------------------------------------------

This election relates to the option identified in Paragraph 3 below. I hereby
certify that:

(1)      My correct name and social security number and my current address are
         set forth at the end of this document.

(2)      I am (check one, whichever is applicable).

         [  ]     the original recipient of the option.

         [  ]     the legal representative of the estate of the original
                  recipient of the option.

         [  ]     a legatee of the original recipient of the option.

         [  ]     the legal guardian of the original recipient of the option.

(3)      The option to which this election relates was issued under the First
         Capital Bancorp, Inc. 1994 Stock Incentive Plan (the "Plan") in the
         name of ______________________ for the purchase of a total of
         __________ shares of Common Stock. This election relates to __________
         shares of Common Stock issuable upon exercise of the option, provided
         that the numbers set forth above shall be deemed changed as appropriate
         to reflect the applicable Plan provisions.

(4)      In connection with any exercise of the Option, I hereby elect:

         [  ]     to have certain of the shares  issuable  pursuant to the
                  exercise  withheld by the Company for the purpose of having
                  the value of the shares applied to pay federal, state, and
                  local, if any, taxes arising from the exercise;

         [  ]     to tender  shares of Common  Stock held by me for a period of
                  at least six (6) months prior to the exercise of the option
                  for the purpose of having the value of the shares applied to
                  pay such taxes.

         [  ]     to have the amount of the tax  withholding  obligation
                  delivered by __________________________________, a broker,
                  dealer or other "creditor" as defined by Regulation T issued
                  by the Board of Governors of the Federal Reserve

             EXHIBIT 2 to Non-Qualified Stock Option Award - Page 1

<PAGE>

                  System. I hereby authorize the Company to issue a stock
                  certificate in number of shares indicated above in the name of
                  said broker, dealer or other creditor or its nominee pursuant
                  to instructions received by the Company and to deliver said
                  stock certificate directly to that broker, dealer or other
                  creditor (or to such other party specified in the instructions
                  received by the Company from the broker, dealer or other
                  creditor) upon receipt of the withholding obligation.

                  The shares to be withheld or tendered, as applicable, shall
                  have, as of the Tax Date applicable to the exercise, a fair
                  market value equal to the minimum statutory tax withholding
                  requirement under federal, state, and local law in connection
                  with the exercise

(5)      This Withholding Election is made no later than the Tax Date and is
         otherwise timely made pursuant to the Plan.

(6)      I understand that this Withholding Election may not be revised, amended
         or revoked by me (except in a manner that satisfies, if applicable, the
         requirements of the exemption provided under Rule 16b-3 of the
         Securities Exchange Act of 1934).

(7)      I further understand that the Company shall withhold from the Common
         Stock a whole number of shares of Common Stock having the value
         specified in Paragraph 4 above, as applicable.

(8)      The Plan has been made available to me by the Company. I have read and
         understand the Plan and I have no reason to believe that any of the
         conditions to the making of this Withholding Election have not been
         met.

(9)      Capitalized terms used in this Notice of Withholding Election without
         definition shall have the meanings given to them in the Plan.

Dated:
      ------------------------------                 ---------------------------
                                                     Signature

------------------------------------                 ---------------------------
Social Security Number                               Name (Printed)

                                                     ---------------------------
                                                     Street Address

                                                     ---------------------------
                                                     City, State, Zip Code

             EXHIBIT 2 to Non-Qualified Stock Option Award - Page 2

<PAGE>

                                   SCHEDULE I
                         TO FIRST CAPITAL BANCORP, INC.
                      NON-QUALIFIED STOCK OPTION AGREEMENT

                                VESTING SCHEDULE

         "Vested Shares" means only that percentage of the number of shares of
Common Stock subject to the Option as to which the Option becomes exercisable
following completion of the years of service indicated in the schedule below.

        Percentage of Shares                Years of Service
      Which are Vested Shares               After Grant Date
      -----------------------               -----------------

                 0%                         less than 1 year

               33?%                              1 year

               66?%                              2 years

               100%                              3 years

Notwithstanding the foregoing Vesting Schedule, the Option shall become fully
vested and exercisable during the Option Period if and when the Optionee retires
on or after age 65.

         1. CONSTRUCTION. (a) For purposes of the Vesting Schedule, Optionee
shall be granted a year of service for each consecutive twelve-consecutive-month
period following the Grant Date and during which Optionee continues, at all
times, as an employee of the Company or a Subsidiary.

         (b) The right of Optionee to vest in Common Stock shall cease upon the
termination of his or her service as an employee of the Company or a Subsidiary,
whether by reason of death, Disability or otherwise and, thereafter, no further
shares shall become Vested Shares; and the Option shall be exercisable during
the Option Period specified in the Award.

             SCHEDULE 1 to Non-Qualified Stock Option Award - Page 1

<PAGE>

                                   SCHEDULE I
                         TO FIRST CAPITAL BANCORP, INC.
                      NON-QUALIFIED STOCK OPTION AGREEMENT

                                VESTING SCHEDULE

         "Vested Shares" means only that percentage of the number of shares of
Common Stock subject to the Option as to which the Option becomes exercisable
following continued employment through the calendar dates indicated in the
schedule below.

       Percentage of Shares
      Which are Vested Shares                  Calendar Dates
      -----------------------                  --------------

                 0%                        Prior to January 1, ___

                20%                            January 1, ____

                40%                            January 1, ____

                60%                            January 1, ____

                80%                            January 1, ____

               100%                            January 1, ____

Notwithstanding the foregoing Vesting Schedule, the Option shall become fully
vested and exercisable during the Option Period if and when the Optionee retires
on or after age 65.

         1. CONSTRUCTION. (a) For purposes of the Vesting Schedule, Optionee
shall not vest in any additional shares of Common Stock subject to the Option
unless Optionee continues, at all times, as an employee of the Company or a
Subsidiary through the calendar date which triggers further vesting in
accordance with the schedule above.

         (b) The right of Optionee to vest in Common Stock shall cease upon the
termination of his or her service as an employee of the Company or a Subsidiary,
whether by reason of death, Disability or otherwise and, thereafter, no further
shares shall become Vested Shares; and the Option shall be exercisable during
the Option Period specified in the Award.

             SCHEDULE 1 to Non-Qualified Stock Option Award - Page 1

<PAGE>

                                   SCHEDULE I
                         TO FIRST CAPITAL BANCORP, INC.
                      NON-QUALIFIED STOCK OPTION AGREEMENT

                                VESTING SCHEDULE

         "Vested Shares" means only that percentage of the number of shares of
Common Stock subject to the Option as to which the Option becomes exercisable
following completion of the years of service indicated in the schedule below.

        Percentage of Shares                  Years of Service
      Which are Vested Shares                 After Grant Date
      -----------------------                 -----------------

                 0%                           less than 1 year

                20%                              1 year

                40%                              2 years

                60%                              3 years

                80%                              4 years

               100%                              5 years

Notwithstanding the foregoing Vesting Schedule, the Option shall become fully
vested and exercisable during the Option Period if and when the Optionee retires
on or after age 65.

         1. CONSTRUCTION. (a) For purposes of the Vesting Schedule, Optionee
shall be granted a year of service for each consecutive twelve-consecutive-month
period following the Grant Date and during which Optionee continues, at all
times, as an employee of the Company or a Subsidiary.

         (b) The right of Optionee to vest in Common Stock shall cease upon the
termination of his or her service as an employee of the Company or a Subsidiary,
whether by reason of death, Disability or otherwise and, thereafter, no further
shares shall become Vested Shares; and the Option shall be exercisable during
the Option Period specified in the Award.

             SCHEDULE 1 to Non-Qualified Stock Option Award - Page 1

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