Document:

Buckhead Community Stock Incentive Plan

 Exhibit 10.1 
 FIRST AMENDMENT TO THE 
 BUCKHEAD COMMUNITY BANCORP, INC. 
 STOCK INCENTIVE PLAN 
 THIS FIRST
AMENDMENT is made as of this 26th day of June, 2007, by Buckhead Community Bancorp, Inc. (the “Company”). 
 W I
T N E S S E T H: 
 WHEREAS, the Company maintains the Buckhead Community
Bancorp, Inc. Stock Incentive Plan (the “Plan”); 
 WHEREAS, the Company desires to amend the Plan to increase the number of shares
available for issuance under the Plan and to clarify the treatment of awards in certain corporate events; and 
 WHEREAS, this First
Amendment shall supersede the provisions of the Plan to the extent those provisions are inconsistent with the provisions of this amendment. 
 NOW, THEREFORE, the Company does hereby amend the Plan, effective as of June 26, 2007, as follows: 
 1. By deleting Section 3 in its
entirety and substituting therefor the following: 
 “Section 3. 
 SHARES SUBJECT TO STOCK INCENTIVES 
 The total number of Shares that may be issued pursuant to Stock Incentives under this Plan shall not exceed 1,620,488, as adjusted pursuant to Section 10. Such Shares shall be reserved, to the extent that the
Company deems appropriate, from authorized but unissued Shares, and from Shares which have been reacquired by the Company. Furthermore, any Shares subject to a Stock Incentive which remain after the cancellation, expiration or exchange of such Stock
Incentive thereafter shall again become available for use under this Plan.” 
 2. By deleting Section 10 in its entirety and substituting therefor
the following: 
 “Section 10. 
 ADJUSTMENT 
 10.1 The number of Shares reserved for the grant of Stock Incentives; the number
of Shares reserved for issuance upon the exercise or settlement, as applicable, of each outstanding Option and Stock Appreciation Right, and upon vesting or grant, as applicable, of each Restricted Stock Award; the Exercise Price of each outstanding
Option, the specified price of each outstanding Stock Appreciation Right, and the specified number of Shares to which each outstanding Stock Incentive pertains, shall be proportionately adjusted for any increase or decrease in the number of issued
Shares resulting from a subdivision or combination of Shares or the payment of a stock dividend in Shares to holders of outstanding Shares or any other increase or decrease in 

  

 1 

 
the number of Shares outstanding effected without receipt of consideration by the Company; provided, however, that in the case of a Non-ISO or a Stock
Appreciation Right, the Committee shall consider any provisions of Code Section 409A and the regulations thereunder that are required to be followed as a condition of the Non-ISO and the Stock Appreciation Right not being treated as the grant
of a new option or Stock Appreciation Right or a change in the form of payment. Any adjustment described in the preceding sentence may include a substitution in whole or in part of other equity securities of the issuer and the class involved in such
transaction in lieu of the Shares that are subject to the Stock Incentive. 
 10.2 In the event of any merger, consolidation,
extraordinary dividend (including a spin-off), reorganization, recapitalization, sale of substantially all of the Company’s assets, other change in the capital structure of the Company, tender offer for Shares, a change in control of the
Company, or similar transaction, the Committee, in its sole discretion, may make such adjustments with respect to Stock Incentives and take such other action as it deems necessary or appropriate, including without limitation, the assumption of other
Stock Incentives, the substitution of new Stock Incentives, the adjustment of outstanding Stock Incentives, the acceleration of Stock Incentives, the removal of restrictions on outstanding Stock Incentives, or the termination of outstanding Stock
Incentives in exchange for the cash value determined in good faith by the Committee of the vested and/or unvested portion of the Stock Incentive, all as may be provided in the applicable Stock Incentive Agreement or, if not expressly addressed
therein, as the Committee subsequently may determine in its sole discretion. Any adjustment pursuant to this Section 10.2 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, but except as set forth in this Section may not otherwise diminish the then value of the Stock Incentive. In making any such adjustment, the Committee shall consider the impact of any
adverse tax consequences that may affect the Participant under Code Section 409A and any adverse financial accounting consequences that may affect the Company. 
 10.3 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 Shares 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.” 
 Paragraph 1 of this First Amendment increasing the total number of Shares available for issuance under the Plan is conditioned upon approval by the
stockholders of the Company within twelve months of the date hereof, and, if such stockholder approval is not obtained, the adoption of Paragraph 1 shall be rendered null and void and any Stock Incentives granted in contemplation of this increase in
the total number of Shares also shall be rendered null and void. 
 Except as specifically amended hereby, the remaining provisions of the
Plan shall remain in full force and effect as prior to the adoption of this First Amendment. 
  

 2 

 IN WITNESS WHEREOF, the Company has caused this First Amendment to be executed as of the day and year
first above written. 
  

			
	BUCKHEAD COMMUNITY BANCORP, INC.
		
	By:	 	  

	Title:	 	  

  

			
	Attest:
		
	By:	 	  

	Title:	 	  

		
		 	[CORPORATE SEAL]

  

 3 

 BUCKHEAD COMMUNITY BANCORP, INC.

 STOCK INCENTIVE PLAN 
 Section 1. 
 PURPOSE 
 The purpose of this Plan is to promote the interests of the Company by providing the opportunity to purchase Shares or to receive compensation which is
based upon appreciation in the value of Shares to Key Persons in order to attract and retain Employees and Key Persons by providing an incentive to work to increase the value of Shares and a stake in the future of the Company which corresponds to
the stake of each of the Company’s shareholders. The Plan provides for the grant of Incentive Stock Options, Non-Qualified Stock Options, Restricted Stock Awards and Stock Appreciation Rights to aid the Company in obtaining these goals.

 Section 2. 
 DEFINITIONS 
 Each term set forth is this Section shall have the meaning set forth opposite such term for
purposes of this Plan and, for Purposes of such definitions, the singular shall include the plural and the plural shall include the singular, and reference to one gender shall include the other gender. 
 2.1 Board means the Board of Directors of the Company. 
 2.2 Code means the Internal Revenue Code of 1986, as amended. 
 2.3 Committee
means any committee appointed by the Board to administer the Plan, as specified in Section 5 hereof. Any such Committee shall be comprised entirely of Directors. 
 2.4 Common Stock means the common stock of the Company. 
 2.5 Company means Buckhead Community Bancorp, Inc., a Georgia corporation and any successor to such organization. 
 2.6 Director means a member of the Board. 
 2.7 Employee means an employee of
the Company, a Subsidiary or a Parent. 
 2.8 Exchange Act means the Securities Exchange Act of 1934, as amended. 

2.9 Exercise Price means the price which shall be paid to purchase one (1) Share upon the exercise of as Option great ed under this
Plan. 
 2.10 Fair Market Value of each Share on any date means the price determined below on the last business day immediately
preceding the date of valuation. 
 (a) If the Common Stock is listed an any established stock exchange or national market system, including
without limitation, the National Market of the National Association of Securities Dealers, Inc. Automated Quotation (“NASDAQ”) System, its Fair Market Value per share shall be the closing sale price for the Common Stock (or the mean of the
closing bid and asked prices, if no sales were reported), as quoted on such exchange or system on the date of such determination, as reported in The Wall Street Journal or such other source as the Board deems reliable, or 
  

 1 

 (b) If the Common Stock is not listed on any established stock exchange or a national market system, its
Fair Market Value per abase shall be the average of the closing dealer “bid” and “asked” prices of a share of the Common Stock as reflected on the NASDAQ interdealer quotation system of the National Association of Securities
Dealers, Inc. on the daze of such determination; or 
 (c) In the absence of as established market for the Common Stock, the Fair Market
Value thereof shall be determined in good faith by the Board. 
 2.11 Insider means an individual who is, on the relevant date,
an officer, director or ten percent (10%) beneficial owner of any class of the Company’s equity securities float is registered pursuant to Section 12 of the Exchange Act, all as defined under Section 16 of the Exchange Act.

 2.12 ISO means an option granted under this Plan to purchase Shares which is untended by the Company to satisfy the
requirements of Code Section 422 as an incentive stock option. 
 2.13 Key Person means (i) a member of the Board who
is not an Employee, (ii) a consultant, distributor or other person who has rendered or committed to render valuable services to the Company, a . Subsidiary or a Parent, (iii) a person who has incurred, or is willing too incur, financial
risk in the form of guaranteeing or acting as co-obligor with respect to debts or other obligations of the Company, or (iv) a person who has extended credit to the Company. Key Persons an not limited to individuals and, subject to the preceding
definition, may include corporations, partnerships, associations and other entities. 
 2.14 Non-ISO means an option under this
Plan to purchase Shares which is not intended by the Company to satisfy the requirements of Code Section 422. 
 2.15 Outside
Director means a member of the Board who is not as Employee and who qualifies as (1) “non-employee director” under Rule 16b-3(b)(3) under the 1934 Act; as amended from time to time, and (2) an “outside director”
under Code § 162(m) and the regulations promulgated thereunder. 
 2.16 Option means as ISO or a Non-ISO. 
 2.17 Parent means any corporation which is a parent of the Company (within the meaning of Code Section 424). 
 2.18 Participant means as individual who receives a Stock Incentive hereunder. 
 2.19 Performance-Based Exception means the performance-based exception from the tax deductibility limitations of Code 1162(m). 

2.20 Plan means the Buckhead Community Bancorp; Inc. Stock Incentive Plan, as amended from time to time. 
 2.21 Share means a share of the Common Shock of the Company. 
 2.22 Stock Incentive means an ISO, a Non ISO, a Restricted Stack Award or a Stock Appreciation Right. 
  

 2 

 2.23 Stock Incentive Agreement means an agreement between the Company and a Participant
evidencing an award of a Stock Incentive. 
 2.24 Subsidiary means any corporation which is a subsidiary of the Company (within
the meaning of Code Section 424(f)). 
 2.25 Ten Percent Shareholder means a person who owns (after taking into account
the attribution rules of Code Section 424(d)) more than ten percent (10%) of the total combined voting power of all classes of shares of either the Company, a Subsidiary or a Parent. 
 Section 3. 
 SHARES SUBJECT
TO STOCK INCENTIVES 
 The total number of Shares that may be issued pursuant to Stock
Incentives under this Plan shall not exceed 569,783, as adjusted pursuant to Section 10. Such Shares shall be reserved, to the extent that the Company deems appropriate, from authorized but unissued Shares, and from Shares which have been
reacquired by the Company. Furthermore, any Shares subject to a Stock Incentive which remain aft the cancellation, expiration or exchange of such Stock Incentive thereafter shall again become available for use under this Plan. 
 Section 4. 
 EFFECTIVE DATE 
 The effective date of this Plan shall be the date it is adopted by the Board,
provided the shareholders of the Company approve this Plan within twelve (12) months after such effective date. If such effective date comes before such shareholder approval, any Stock Incentives granted under this Plan before the date of such
approval automatically shall be granted subject to such approval. 
 Section 5 
 ADMINISTRATION 
 5.1
General. The Plan shall be administered by the Board, provided that the Board may delegate to the Committee any or all of the administration of the Plan other than with respect to the granting and interpretation of Stock Incentives to Outside
Directors. The members of the Committee shall be appointed from time to time by, and shall serve at the discretion of, the Board. To the extent that the Board has delegated to the Committee any authority and responsibility under the Plan, all
applicable references to the Board in the Plan shall be to the Committee. The Committee shall have the authority to delegate administrative duties to officers or Directors of the Company. With respect to Committee appointments and composition, only
a Committee (or a sub-committee thereof) comprised solely of two (2) or more Outside Directors may great Stock Incentives which will meet the Performance-Based Exception. 
 5.2 Authority of the Board. Except as limited by law or by the Articles of Incorporation or Bylaws of the Company, and subject to the provisions
herein, the Board shall have full power to select Employees and Directors and Key Persons who shall participate in the Plan; determine the sizes and types of Stock Incentives; determine the terms and conditions of Stock Incentives in a manner
consistent with the Plan; construe and interpret the Plan and any agreement or instrument entered into under the Plan; establish, amend, or waive rules and regulations for the Plan’s administration; and (subject to the provisions of
Section 12 hereof) amend the terms and conditions of any outstanding Stock Incentive as provided in the Plan. Further, the Board shall make all other determinations which may be necessary or advisable for the administration of the Plan. As
permitted by law (and subject to Section 5.1 herein), the Board may delegate its authority as identified herein. 
  

 3 

 5.3 Decisions Binding. All determinations and decisions made by the Board pursuant to the
provisions of the Plan and all related orders and resolutions of the Board shall be final, conclusive and binding on all persons, including the Company, its stockholders, Directors, Employees, Key Persons, Participants, and their estates and
beneficiaries. 
 Section 6. 
 ELIGIBILITY 
 Employees and Key Persons selected by the Committee shall be eligible for the grant of Stock
Incentives under this Plan, but no Employee shall have the right to be granted a Stock Incentive under this Plan merely as a result of his or her status as .an Employee or Key Person. Only Employees shall be eligible for the great of ISOs.

 Section 7. 
 TERMS OF STOCK INCENTIVES 
 7.1 Terms and Conditions of All
Stock Incentives. 
 (a) The Committee, in its absolute discretion, shall grant Stock Incentives under this Plan from time to time and
shall have the right to grant new Stock Incentives is exchange for outstanding Stock Incentives. Stock Incentives stall be granted to Employees or Key Persons selected by the Committee, and the Committee shall be under no obligation whatsoever to
grant Stock Incentives to all Employees or Key Persons, or to grant all Stock Incentives subject to the same teams and conditions. 
 (b) The
number of Shares 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 3 as to the total number of shares available for grants under the Plan.

 (c) Each Stock Incentive shall be evidenced by a Stock Incentive Agreement executed by the Company and the Participant, which shall be in
such form and contain such terms and conditions as the Committee in its discretion, may, subject to the provisions of the Plan, from time to time determine. 
 (d) The date a Stock Incentive is granted stall be the date on which the Committee has approved the terms and conditions of the Stock Incentive Agreement 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. 
 7.2 Terms and Conditions of Options. Each grant of an Option stall be evidenced by a Stock Incentive Agreement which shall: 
 (I) specify whether the Option is an ISO or Non ISO; and 
 (II) incorporate such other terms and conditions as the Committee, acting
in its absolute discretion, deems consistent with the terms of the Plan, including (without limitation) a restriction on the number of Shares subject to the Option which first became exercisable or subject to surrender during any calendar year.

  

 4 

 In determining Employee(se) or Key Person(s) to whom an Option shall be granted and the number of Shares
to be covered by such Option, the Committee may take into account the recommendations of the President of the Company and its other officers, the duties of the Employee or Key Person, the present and potential contributions of the Employee or Key
Person to the success of the Company, the anticipated number of years of service remaining before the attainment by the Employee of retirement age, and other factors deemed relevant by the Committee, in its sole discretion, in connection with
accomplishing the purpose of this Plan. An Employee or Key Person who has been granted an Option to purchase Shares; whether under this Plan or otherwise, may be granted one or more additional Options. 
 If the Committee grants an ISO and a Non ISO to an Employee on the same date, the right of the Employee to exercise or surrender one such Option shall
not be conditioned on his or her failure to exercise or surrender the other such Option. 
 (a) Exercise Price. Subject to adjustment
in accordance with Section 11 and the other provisions of this Section, the Exercise Price shall be as set forth in the applicable Stock Incentive Agreement. With respect to each grant of an ISO to a Participant who is not a Ten Percent
Shareholder, the Exercise Price shall not be less than the Fair Market Value on the date the ISO is granted. With respect to each grant of an ISO to a Participant who is a Ten Percent Shareholder, a Ten Percent Shareholder shall not be less than one
hundred ten percent (110%) of the Fair Market Value on the date the ISO is granted. If a Stock Incentive is a Non IS0, the Exercise Price for each Share shall be no less than the minimum price required by applicable state law, or by the
Company’s governing instrument, or $0.01, whichever price is greater. Any Stock Incentive intended to meet the Performance-Based Exception must be granted with an Exercise Price equivalent to or greater than the Fair Market Value of the Shares
subject thereto. 
 (b) Option Term. Each Option granted under this Play shall be exercisable in whole or in part at such time or
times as set forth in the related Stock Incentive Agreement, but no Stock Incentive Agreement shall: 
 (i) make an Option exercisable before
the date such Option is granted; or 
 (ii) make an Option exercisable after the earlier of 
 (A) the date such Option is exercised in full, or 
 (B) the date which is the tenth (10th) anniversary of the date such Option is granted, if such Option is a Non-ISO or an ISO granted to a non-Ten Percent Shareholder, or the date which is the fifth (5th) anniversary of the date
such Option is granted, if such Option is an ISO granted to a Ten Percent Shareholder. 
 A Stock Incentive Agreement may provide for the
exercise of an Option after the employment of an Employee has Terminated for any reason whatsoever, including death or disability. 
 (c)
Payment. Options shall be exercised by the delivery of a written notice of exercise to the Company, setting forth the number of Shares with respect to which -the Option is to be exercised, accompanied by full payment for the Shares. 
 The Exercise Price upon exercise of any Option shall be payable to the Company in full either in cash or its equivalent, or, subject to the approval of
the Board, (a) by tendering previously acquired Shares having an aggregate Fair Market Value at the time of exercise equal to the total Exercise 

  

 5 

 
Price, or (b) by delivery of a full recourse promissory note bearing a commercially reasonable rate of interest, or (c) by the Company’s
withholding of remuneration otherwise payable to the Participant or (d) any combination of the foregoing methods as approved by the Board; provided, however, that Shares tendered must have been held by the Participant for at least six
(6) months prior to their tender to satisfy the Exercise Price. Further, with respect to any Participant who is an Insider, such tendering transaction (l) has met the requirements of an exemption under Rule 16b-3 promulgated under the
Exchange Act, or (2) is a subsequent transaction the terms of which were provided for in a transaction initially meeting the requirements of an exemption. under Rule 16b-3 of the Exchange Act. 
 The Board also may allow cashless exercise as permitted under Federal Reserve Board’s Regulation T, subject to applicable securities law
restrictions, or by any other means which the. Board determines to be consistent with the Plan’s purpose and applicable law; provided, however, that with respect to any Participant who is an Insider, such cashless exercise must (1) must
have met the requirements of an exemption under Rule 16b-3 promulgated under the Exchange Act, or (2) be a subsequent transaction the terms of which were provided for in a transaction initially meeting the requirements of an exemption under
Rule 16b3 promulgated under the Exchange Act. 
 Subject to any governing rules or regulations, as soon as practicable after receipt of a
written notification of exercise and full payment, the Company shall deliver to the Participant, in the Participant’s name, Share certificates in an appropriate amount based upon the number of Shares purchased under the Option(s). 

(d) Conditions to Exercise of an Option. Each Option granted under the Plan shall be exercisable 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 is whole or in part. 
 The Board may impose such restrictions on any
Shares acquired pursuant to -the exercise of an Option as it may deem advisable, including, without limitation, restrictions under applicable federal securities laws, under the requirements of any stock exchange or market upon which such Shares are
then listed and/or traded, and under any blue sky or state securities laws applicable to such Shares. 
 (e) Nontransferability of
Options. Except as provided in the applicable Stock Incentive Agreement, no Option granted under the Plan may be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and
distribution. Except as provided in the applicable Stock Incentive Agreement, all Options granted to a Participant under the Plan shall be exercisable during his or her lifetime only by such Participants provided, however, that in the event the
Participant is incapacitated and unable to exercise his or her Option, such Option may be exercised by such Participant’s legal guardian, legal representative, or other representative whom the Committee deems appropriate based on applicable
facts and circumstances. The determination of incapacity of a Participant and the determination of the appropriate representative of the Participant who shall be able to exercise, the Option if the Participant is incapacitated shall be determined by
the Committee in its sole and absolute discretion. 
 (f) Special Provisions for Certain Substitute Options. Notwithstanding anything
to the contrary in this Section, any Option in substitution for a stock 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 stock option being replaced thereby. 
  

 6 

 7.3. Terms and Conditions of Stock Appreciation Rights. A Stock Appreciation Right may be. granted
in connection with all or any portion of a previously or contemporaneously granted Option or not in connection with an Option. A Stock Appreciation Right shall entitle the Participant to receive upon exercise or payment the excess of (I) the
Fair Market Value of a specified number of Shares at the time of exercise, over (II) a specified price which shall be not less than the Exercise Price for that number of Shares in the can of a Stock Appreciation Right granted in connection with a
previously or contemporaneously granted Option, or in the case of any other Stock Appreciation Right not less than one hundred percent (100%) of the Fair Market Value of that number of Shares at the time the Stock Appreciation. Right was
granted. A Stock Appreciation Right granted in connection with an Option may only be exercised to the extent that the related Option has not been exercised. The exercise of a Stock Appreciation Right shall result in a pro rata surrender of the
related Option to the extent the Stock Appreciation Right has been exercised. 
 (a) Payment. Upon exercise or payment of a Stock
Appreciation Right, the Company shall pay to the Participant the appreciation in cash or Shares (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 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 in whole or in part. 
 (c) Nontransferability of Stock Appreciation Right. Except as otherwise provided in a Participant’s Stock Incentive Agreement, no Stock
Appreciation Right granted under the Plan may be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. Further, except as otherwise provided in a
Participant’s Stock Incentive Agreement, all Stock Appreciation Rights granted to a Participant under the Plan shall be exercisable during his or her lifetime only by such Participant; provided, however, that in the event the Participant is
incapacitated and unable to exercise his or her Stock Appreciation Right, such Stock Appreciation Right may be exercised by such Participants legal guardian, legal representative, or other representative whom the Committee deems appropriate based on
applicable facts and circumstances. The determination of incapacity o£ a Participant and the determination of true appropriate representative of the Participant shall be determined by the Committee in its sole and absolute discretion.

 7.4 Terms and Conditions of Restricted Stock Awards. Shares awarded pursuant to Restricted Stock Awards shall be subject to such
restrictions as determined by the Committee for periods determined by the Committee. Unless the applicable Stock Incentive Agreement provides otherwise, holders of Restricted Stock Awards shall be entitled to vote and receive dividends during
periods of restriction to the same extent as holders of unrestricted Common Stock. The Committee shall have the power to permit, m its discretion, an acceleration of the expiration of the 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 awarded deter at the data of grant in exchange four the grant of a
Restricted Stock Award or may grant a Restricted Stock Award without the requirement of a cash payment. 
  

 7 

 Section 8. 
 SECURITIES REGULATION 
 Each Stock Incentive Agreement may provide
that, upon the receipt of Shares as a result of the surrender or exercise of a’ Stock Incentive, the Participant shall, if so requested by the Company, hold such Shares for investment and not with a view of resale or distribution to the public
and, of so requested by the Company, shall deliver to the Company a written statement satisfactory to the Company to that effect. Each Stock Incentive Agreement may also provided that, if so requested by the Company, the Participant stall make a
written representation to the Company that he or she will not sell or offer to sell any of such Shares unless a registration statement shall be in effect with respect to such Shares under the Securities Act of 1933, as amended (“1933
Act”), and any applicable state securities law or, unless he or she shall have furnished to the Company an opinion, in form and substance satisfactory to the Company, of legal counsel acceptable to the Company, that such registration is not
required. Certificates representing the Shares transferred upon the exercise or surrender of a Stock Incentive granted under this Plan may at the discretion of the Company bear a legend to the effect that such Shares have not been registered under
the 1933 Act or any applicable state securities law and that such Shares may not be sold or offered for sale in the absence of an effective registration statement as to such Shares under the 1933 Act and any applicable state securities law or an
opinion, in, form and substance satisfactory to the Company, of legal counsel acceptable to the Company, that such registration is not required. 
 Section 9. 
 LIFE OF PLAN 
 No Stock Incentive shall be granted under this Plan on or after the earlier of 
 (a) the tenth (10th) anniversary of the effective date of this Plan (as determined under Section 4 of this Plan), i n which event this Plan
otherwise thereafter shall continue in effect until all outstanding Stock Incentives have been surrendered or exercised in full or no longer are exercisable, or 
 (b) the date on which all of the Shares resaved under Section 3 of this Plan have (as a result of the surrender or exercise of Stock Incentives granted under this Plan) been issued or no longer are available for
use under this Plan, in which. event this Plan also shall terminate on such date. 
 Section 10. 
 ADJUSTMENT 
 The number
of Shares reserved under Section 3 of this Plan, and the number of Shares subject to Stock Incentives granted under this Plan, and the Exercise price of any Options, shall be adjusted by the Committee in an equitable manner to reflect any
change in the capitalization of the Company, including, but not limited to, such changes as stock dividends or stock splits. Furthermore, the Committee shall have the right to adjust (in a manner which satisfies the requirements of Code
Section 424(a)) the number-of Shares reserved under Section 3, and the number of Shares subject to Stock Incentives granted under this Plan, and the Exercise Price of any Options in the event of -any corporate transaction described in Code
Section 424(a) which provides for the substitution or assumption of such Stock Incentives. If any adjustment under this Section creates a factional Share or a right to acquire a fractional Share, such fractional Share shall be disregarded, and
the number of Shares reserved under this Plan and the number subject to any Stock Incentives granted under this Plan shall be the next lower number of Shares, rounding all fractions downward. An adjustment made under this Section by the Committee
shall be conclusive and binding on all affected persons and, further, shall not constitute an increase in the number of Shares reserved under Section 3. 
  

 8 

 Section 11. 
 SALE OR MERGER OF THE COMPANY 
 If the Company agrees to sell substantially all of its assets for cash or property, or for a combination of cash and property, or agrees to any merger, consolidation, reorganization, division or other transaction in
which Shares are converted into another security or into the right to receive securities or property and such agreement does not provide for the assumption or substitution of the Stock Incentives granted under this Plan, each Stock Incentive at the
direction and discretion of the Committee, or as is otherwise provided in the Stock Incentive Agreements (i) may be deemed to be fully vested and/or exercisable, or (ii) may be canceled unilaterally by the Company in exchange for
(a) the whole Shares (or, subject to satisfying the conditions to the exemption under Rule 16b-3 or any successor exemption to Section 16(b) of the Exchange Act, for the whole Shares and the cash in lieu of a fractional Share which each
Participant otherwise would receive if he or she had the right to exercise his or her outstanding Stock Incentive in full and he or she exercised that right exclusively for Shares on a date fixed by the Committee which comes before such sale or
other corporate transaction, or (b) cash or other property equivalent in value, as determined by the Board in its sole discretion, to the Shares described in (a). 
 Section 12. 
 AMENDMENT OR TERMINATION

 This Plan may be amended by the Board from time to time to the extent that the Board deems necessary or appropriate; provided,
however, no such amendment shall be made absent the approval of the shareholders of the Company: (a) to increase the number of Sham reserved under Section 3, except as set forth in Section 10, (b) to extend the maximum life of
the Plan under Section 9 or the maximum exercise period under Section 7, (c) to decrease the minimum Exercise Price under Section 7, or (d) to change the designation of Employees or Key Persons eligible for Stock Incentives
under Section 6. The Board also may suspend the granting of Stock Incentives under this Plan at any time and may terminate this Plan at say time; provided, however, the Company shall not have the right to modify, amend or cancel any Stock
incentive granted before such suspension or termination unless: (I) the Participant consents in writing to such modification, amendment or cancellation, or (II) there is a dissolution or liquidation of the Company or a transaction described in
Section 10 or-Section 11. 
 Section 13. 
 ADJUSTMENT 
 13.1 Shareholder Rights. No Participant shall have any rights as a
shareholder of the Company as a result of the grant of a Stock Incentive to him or to her under this Plan or his or her exercise or surrender of such Stock Incentive pending the actual delivery of Shares subject to such Stock Incentive to such
Participant: 
 13.2 No Guarantee of Continued Relationship. The grant of a Stock Incentive to a Participant under this Plan shall not
constitute a contract of employment and shall not confer on a Participant any rights upon his or her termination of employment or relationship with the Company in addition to those rights, if any, expressly set forth in the Stock Incentive Agreement
which evidences his or her Stock Incentive. 
 13.3 Withholding. The Company shall have the power and the right to deduct or withhold,
or require a Participant to remit to the Company as a condition precedent for the fulfillment of any Stock Incentive, an amount sufficient to satisfy Federal , state, and local taxes, domestic or foreign, required by law or regulation to be withheld
with respect to any taxable event arising as a result of this Plan. 
  

 9 

 Whenever Shares are to be issued or cash paid to a Participant upon. exercise of an Option, the Company
shall have the right to require the Participant to remit to the Company, as a condition of exercise of the Option, an amount sufficient to satisfy federal, state and local withholding tax requirements at the tune of exercise. However,
notwithstanding floe foregoing, to the extent that a Participant is an Insular, satisfaction of withholding requirements by having the Company withhold Shares may only be made to the extent that such withholding of Shares (1) has met the
requirements of-an exemption under Rule 16b-3 promulgated under the Exchange Act, or (2) is a subsequent transaction the terms of which were provided for in a transaction initially meeting the requirements of an exemption under Rule l 6b-3
promulgated under the Exchange Act. 
 13.4 Transfer. The transfer of an Employee between or among the Company, a Subsidiary or a
parent shall not be treated as a termination of Iris or her employment under this Plan. 
 13.5 Construction. This Plan shall be
construed under the laws of the State of Georgia. 
  

 10Form of Option Award for Buckhead Community

 Exhibit 10.2 
 BUCKHEAD COMMUNITY BANCORP, INC. 
 STOCK OPTION GRANT CERTIFICATE 
 Buckhead Community Bancorp, Inc., a Georgia corporation (the “Company”), hereby grants to the optionee named below (“Optionee”) an
option (this “Option”) to purchase the total number of shares shown below of common stock of the Company (the “Shares”) at the exercise price per share set forth below (the “Exercise Price”), subject to all of the terms
and conditions attached to this Stock Option Grant Certificate (the “Terms and Conditions”). Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to them in the Terms and Conditions. 

 

	 	A.	Grant Date:
                            . 

  

	 	B.	Type of Option: Nonqualified Stock Option. 

  

	 	C.	Plan under which granted: Stand alone option not granted under any plan. 

  

	 	D.	Option Shares: All or any part of              shares of the Company’s common stock (the “Common
Stock”), subject to adjustment as provided in the attached terms and conditions. 

  

	 	E.	Exercise Price: $             per share, subject to adjustment as provided in the Terms and Conditions. The
Exercise Price is not less that 100% of the fair market value of a share of Common Stock on the Grant Date. 

  

	 	 F.
	 Option Period: The Option may be exercised only during the Option Period which commences on the Grant Date and ends on
the tenth (10th) anniversary of the Grant Date, unless terminated earlier pursuant to the Terms and Conditions.

  

	 	G.	Vesting Schedule: The Shares shall become vested in accordance with Schedule 1 hereto (the “Vesting Schedule”). 

 IN WITNESS WHEREOF, this Stock Option Grant Certificate has been executed by the Company by a duly authorized officer as of the date specified hereon.

 Optionee represents that Optionee has read and understands the Terms and Conditions, and accepts this Option subject to such Terms and
Conditions of the Stock Option Grant Certificate. Optionee acknowledges that there may be adverse tax consequences upon exercise of this Option or disposition of the Shares and that Optionee should consult a tax adviser prior to such exercise or
disposition. 
  

							
	OPTIONEE	 		 	BUCKHEAD COMMUNITY BANCORP, INC.
				
	  
	 		 	By:	 	  

		 		 	Title:	 	  

 TERMS AND CONDITIONS TO THE 
 BUCKHEAD COMMUNITY BANCORP, INC. 
 STOCK OPTION GRANT CERTIFICATE

 1. Exercise Period of Option. Subject to the terms and conditions of this Stock Option Grant Certificate, and unless
otherwise modified by a written modification signed by the Company and Optionee, this Option may be exercised with respect to all of the Shares, but only according to the Vesting Schedule and as described in Section 9 below, prior to the date
which is the last day of the Option Period set forth on the Stock Option Grant Certificate following the date of grant or any earlier expiration date provided in these Terms and Conditions (the “Expiration Date”). 
 2. Restrictions on Exercise. This Option may not be exercised, unless such exercise is in compliance with the Securities Act of 1933 and
all applicable state securities laws, as they are in effect on the date of exercise, and the requirements of any stock exchange or national market system on which the Company’s Common Stock may be listed at the time of exercise. Optionee
understands that the Company is under no obligation to register, qualify or list the Shares with the Securities and Exchange Commission (“SEC”), any state securities commission or any stock exchange to effect such compliance. Certificates
representing the Shares transferred upon the exercise of the Option may bear a legend to the effect of the foregoing and provide further such Shares may not be sold or offered for sale in the absence of an effective registration and in compliance
with any applicable state securities law or an opinion from legal counsel satisfactory to the Company to the effect that such registration is not required and that applicable state securities laws will not be violated. 
 3. Termination of Option. Except as provided below in this Section, this Option may not be exercised after the earlier of the Expiration
Date or the date which is thirty (30) days after Optionee ceases to perform services for the Company or any affiliate. Optionee shall be considered to perform services for the Company, or any affiliate, for all purposes under this Section and
Section 9 hereof, if Optionee is an officer or full-time employee of the Company, or any affiliate, or if the Board of Directors of the Company (the “Board”) determines that Optionee is rendering substantial services as a part-time
employee, consultant, contractor or advisor to the Company or any affiliate. The Board shall have discretion to determine whether Optionee has ceased to perform services for the Company, or any affiliate, and the effective date on which such
services cease (the “Termination Date”). Notwithstanding anything contained herein to the contrary, if the corporate position of Optionee is, at any time, altered or revised such that Optionee’s responsibilities are materially reduced
or decreased for any reason, as determined by the Board in its sole discretion, the vesting of Shares under Section 9 shall cease, effective as of the date of such reduction in Optionee’s employment responsibilities; provided, however,
except as otherwise provided in this Option, Optionee shall have the right to exercise this Option with respect to Shares which have vested under Section 9 as of the date of such reduction of Optionee’s responsibilities. 
 (a) Termination Generally. If Optionee ceases to perform services for the Company, or any affiliate, for any reason, except death or
disability (within the meaning of Code Section 22(e)(3)), this Option shall immediately be forfeited, along with any and all rights or subsequent rights attached thereto, thirty (30) days following the Termination Date, but in no event
later than the Expiration Date. 
 (b) Death or Disability. If Optionee ceases to perform services for the Company, or any
affiliate, as a result of the death or disability of Optionee (as determined by the Board in its sole discretion), this Option, to the extent (and only to the extent) that it would have been exercisable 

 
by Optionee on the Termination Date, may be exercised by Optionee (or, in the event of Optionee’s death, by Optionee’s legal representative) within
ninety (90) days after the Termination Date, but in no event later than the Expiration Date. 
 (c) No Right to Employment.
Nothing in this Stock Option Grant Certificate shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company, or any affiliate, or limit in any way the right of the Company, or any affiliate, to
terminate Optionee’s employment or other relationship at any time, with or without cause. 
 4. Manner of Exercise.

 (a) Notice of Exercise. This Option shall be exercisable by delivery to the Company of an executed Notice of Exercise of
Stock Option Grant (the “Notice”) in substantially the form attached as Exhibit 1 or in such other form as may be approved or accepted by the Company, which shall set forth Optionee’s election to exercise this Option with
respect to some or all of the Shares, the number of Shares being purchased, any restrictions imposed on the Shares, and such other representations and agreements as may be required by the Company to comply with applicable securities laws.

 (b) Exercise Price. Such notice shall be accompanied by full payment of the Exercise Price for the Shares being purchased.
Payment for the Shares may be made in U.S. dollars in cash (by check); by tendering shares of Common Stock held at least six (6) months having a fair market value equal to the Exercise Price; subject to applicable securities laws, by effecting
a cashless exercise through a broker; or any combination of the foregoing. 
 (c) Withholding Taxes. Prior to the issuance of
Shares upon exercise of this Option, Optionee must pay, or make adequate provision for, any applicable federal or state withholding obligations of the Company. Where approved by the Board, Optionee may provide for payment of withholding taxes upon
exercise of the Option by requesting that the Company retain Shares with a fair market value equal to the minimum amount of taxes required to be withheld. In such case, the Company shall issue the net number of Shares to Optionee by deducting the
Shares retained from the Shares exercised. 
 (d) Issuance of Shares. Provided that such notice and payment are in form and
substance satisfactory to counsel for the Company, the Company shall cause the Shares to be issued in the name of Optionee or Optionee’s legal representative. 
 5. Nontransferability of Option. This Option may not be transferred in any manner, other than by will or by the laws of descent and distribution, and may be exercised during Optionee’s lifetime only
by Optionee. The terms of this Option shall be binding upon the executor, administrators, successors and assigns of Optionee. 
 6. Tax
Consequences. OPTIONEE UNDERSTANDS THAT THE GRANT AND EXERCISE OF THIS OPTION,
AND THE SALE OF SHARES OBTAINED THROUGH THE EXERCISE OF THIS OPTION,
MAY HAVE TAX IMPLICATIONS THAT COULD RESULT IN ADVERSE TAX CONSEQUENCES
TO OPTIONEE. OPTIONEE REPRESENTS THAT OPTIONEE HAS CONSULTED WITH, OR WILL
CONSULT WITH, HIS OR HER TAX ADVISOR AND OPTIONEE FURTHER ACKNOWLEDGES
THAT OPTIONEE IS NOT RELYING ON THE COMPANY FOR ANY TAX, FINANCIAL
OR LEGAL ADVICE. 
  

 2 

 7. Interpretation. Any dispute regarding the interpretation of this Stock Option Grant
Certificate shall be submitted by Optionee or the Company to the Board or any committee of the Board, which shall review such dispute at its next regular meeting. The resolution of such a dispute by the Board or committee shall be final and binding
on the Company and Optionee. 
 8. Entire Agreement. The Notice is incorporated herein by this reference. Optionee acknowledges
and agrees that the granting of this Option constitutes a full accord, satisfaction and release of all obligations or commitments made to Optionee by the Company or any of its officers, directors, shareholders or affiliates with respect to the
issuance of any securities, or rights to acquire securities, of the Company or any of its affiliates. This Stock Option Grant Certificate and the Notice constitute the entire agreement of the parties hereto, and supersede all prior undertakings and
agreements with respect to the subject matter hereof. 
 9. Vesting and Exercise of Shares. This Stock Option Grant Certificate
and the issuance of Shares pursuant to the exercise of this Option shall be subject to the Vesting Schedule. 
 10. Adjustments.
The number of Shares and the Exercise Price shall be adjusted by the Board (or any committee thereof) in an equitable manner to reflect any change in the capitalization of the Company effected without the receipt of consideration or in the event
of any corporate transaction described in Section 424 of the Internal Revenue Code which provides for the substitution or assumption of stock incentives generally. Any such adjustments may provide for the elimination of fractional shares. All
adjustments shall be made by the Board (or any committee thereof) in its sole discretion. 
 11. Sale or Merger of the Company.
If the Company agrees to sell substantially all of its assets for cash or property, or a combination of cash and property, or agrees to any merger, consolidation, reorganization, division or other transaction in which shares of Common Stock are
converted into another security or into the right to receive securities or property and such agreement does not provide for the assumption or substitution of stock incentives generally, then, at the discretion of the Board (or any committee
thereof), the Option (a) may be deemed fully vested and exercisable or (b) may be cancelled unilaterally by the Company in exchange for (i) the whole Shares which the Optionee otherwise would receive if he had the right to exercise
the Option in full and exercised that right exclusively for the Shares on a date fixed by the Board (or any committee thereof) that occurs prior to such sale or other corporate transaction or (ii) cash or other property equivalent in value to
such Shares.  
  

 3 

 SCHEDULE 1 
 VESTING SCHEDULE 
  

	A.	The Option Shares shall become vested Option Shares following completion of the years of service with the Company or any affiliate as indicated in the schedule below.

  

			
	 Percentage of Option Shares
 Which are Vested Shares
	  	 Years of Service After
 the Grant Date

	Less than 1	  	  0%
	1	  	33%
	2	  	66%
	3 or more	  	100%

  

	B.	In the event there is a sale or merger of the Company as contemplated in Section 11 of the Terms and Conditions, unless otherwise specifically prohibited under an applicable
law, the Option shall become immediately exercisable, and shall remain exercisable throughout the Option Period. 

  

	C.	For purposes of the Vesting Schedule, Optionee shall be granted a year of service for each twelve-consecutive-month period following the Grant Date during which Optionee continues,
at all times, to perform service with the Company or an affiliate. No credit will be given for completion of a partial year of service and no period of time following the Optionee’s termination of employment with the Company (including all
affiliates) shall count towards the vesting of Option Shares. 

  

 Schedule 1 - Page 1 

 EXHIBIT 1 
 BUCKHEAD COMMUNITY BANCORP, INC. 
 NOTICE OF EXERCISE OF STOCK OPTION GRANT 
 TO PURCHASE COMMON STOCK OF 
 BUCKHEAD
COMMUNITY BANCORP, INC. 
 This Notice of Exercise is given pursuant to the terms of the Stock Option Grant Certificate and related Terms and Conditions
dated                             , between Buckhead Community Bancorp, Inc. (the “Company”)
and the undersigned Optionee. 
 EXERCISE OF OPTION. Optionee hereby exercises his option of
             shares at an exercise price of $             per share of common stock of the Company (the
“Common Stock”). The purchase shall take place as of                              (the
“Exercise Date”). Optionee hereby delivers, together with this written statement of exercise, the full option price with respect to the exercised option shares, which amount totals
$             (the “Purchase Price”). 
 Optionee must 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
Buckhead Community Bancorp, Inc. 

  

	 	 ̈	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. Optionee hereby authorizes 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. Note: This choice is available only if and when the Common Stock becomes traded by brokers. 

 ACKNOWLEDGEMENT OF TAXES DUE. As a condition to exercise of the option and delivery of any shares of Common Stock, Optionee must pay, or make adequate provision for, any applicable tax withholding
obligations of the Company with respect to the option. 
 ACKNOWLEDGEMENT OF STOCK RESTRICTION. If the shares of Common Stock being acquired
are not registered for issuance to 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 “Securities Act”), Optionee hereby represents,
warrants, covenants, and agrees with the Company as follows: 
 The shares of the Common Stock being acquired by Optionee will
be acquired for Optionee’s 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 is Optionee aware of the existence of any distribution of the Common Stock; 
  

 Exhibit 1 - Page 1 

 Optionee is 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 Optionee by means of publicly disseminated advertisements or sales literature, nor is Optionee aware
of any offers made to other persons by such means; 
 Optionee is able to bear the economic risks of the investment in the
Common Stock, including the risk of a complete loss of Optionee’s investment therein; 
 Optionee understands and agrees
that the Common Stock will be issued and sold to Optionee 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 Optionee other than pursuant to: (A) an effective registration under the Securities Act or in a transaction otherwise in compliance with the Securities 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 Securities 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; 
 Optionee has 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. Optionee has received all information and data with respect to the Company which Optionee have requested and which Optionee has deemed relevant in connection with the evaluation of the merits and risks of Optionee’s investment in
the Company; 
 Optionee has such knowledge and experience in financial and business matters that Optionee is capable of
evaluating the merits and risks of the purchase of the Common Stock hereunder and Optionee is able to bear the economic risk of such purchase; and 
 The agreements, representations, warranties and covenants made by Optionee herein extend to and apply to all of the Common Stock of the Company issued to Optinee pursuant to the Stock Option Grant Certificate.
Acceptance by Optionee of the certificate representing such Common Stock shall constitute a confirmation by Optionee that all such agreements, representations, warranties and covenants made herein shall be true and correct at that time. 

 

 Exhibit 1 - Page 2 

 Optionee understands that the certificates representing the shares being purchased by Optionee in
accordance with this notice shall bear a legend referring to the foregoing covenants, representations and warranties and restrictions on transfer, and Optionee agrees that a legend to that effect may be placed on any certificate which may be issued
to Optionee as a substitute for the certificates being acquired by me in accordance with this notice. 
 Upon payment of the Purchase Price and any
applicable tax withholding liability, the shares shall be issued in the name of the Optionee or the Optionee’s legal representative. 
 Executed this
     day of                 ,         . 
  

	
	 OPTIONEE:

	  
  

	 Signature

	  
  

	 Print or Type Name

 Buckhead Community Bancorp, Inc. hereby acknowledges receipt of this Notice of Exercise and receipt of full
payment in the amount indicated above, on this      day of                 ,         .

  

			
	COMPANY:
		
	By:	 	  

		 	Signature
		
	Title:	 	  

		 	  
  

		 	Print or Type Name

  

 Exhibit 1 - Page 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}]]