Document:

EX-10.2

 Exhibit 10.2 
 RESTRICTED STOCK UNIT AGREEMENT 
 THIS RESTRICTED STOCK UNIT AGREEMENT
(“Agreement”) is made effective as of the grant date set forth below by and between SYNOVUS FINANCIAL CORP., a Georgia corporation (the “Corporation”), and
                                 (“Executive”). 

WHEREAS, Executive has been awarded Restricted Stock Units (“RSUs”) under the Corporation’s 2013 Omnibus Plan
(“Plan”). 
 NOW, THEREFORE, in accordance with the provisions of the Plan and this Agreement, Executive hereby
agrees to the following terms and conditions: 
  

	1.	Grant of RSUs 

					
		
	Executive is hereby granted RSUs as follows:	 	
			
	Date of Grant:	 	                            ,
200    	 	
			
	Vesting Period:	 	Please refer to Section 2 of this Agreement	 	
			
	Total Number of RSUs:	 	                            	 	

  

	2.	Vesting of RSUs 

(a)        Vesting Conditions.      If Executive
remains in the continuous employ of the Corporation or a Subsidiary of the Corporation through the date(s) indicated in Column I below, the RSUs will become non-forfeitable (i.e., “vest”) to the extent indicated in Column II below:

  

							
		 	            (I)	 		    	            (II)
		 	  If employment	 		    	the % of the RSUs
		 	continues through        then	 		    	     which vest is
				
		 	                          , 200  
  	 		    	                      100%
				
		 	                                
     [or]	 		    	
				
		 	                          , 200  
  	 		    	                      
      %
				
		 	                                
     [or]	 		    	
				
		 	                          , 200  
  	 		    	                            
%
				
		 	                                
     [or]	 		    	
				
		 	                          , 200  
  	 		    	                            
%
				
		 	                                
     [or]	 		    	
				
		 	                          , 200  
  	 		    	                            
%
				
		 	                                
     [or]	 		    	
				
		 	                          , 200  
  	 		    	                            
%

 Such vesting will occur (to the extent indicated in Column (II) above) at the close of
business on the applicable date(s) indicated in Column (I) above. Any RSUs which are not vested on the date of Executive’s termination of employment will be forfeited to the Corporation, unless the Compensation Committee in its sole and
exclusive discretion determines otherwise. 
 (b)        Effect of Voluntary
Termination or Termination for Cause or Suicide.  If Executive’s employment with the Corporation and its Subsidiaries is terminated: (i) by Executive voluntarily or (ii) by the Corporation or a Subsidiary for Cause or
(iii) by Executive’s death due to suicide before all RSUs vest pursuant to the provisions of paragraph 2(a) above, then any RSUs which are not vested at the time of such termination will be forfeited to the Corporation on the date of such
termination, unless the Compensation Committee in its sole and exclusive discretion determines otherwise. 

(c)        Effect of Death (Other Than by Suicide) or Disability.  If
Executive’s employment with the Corporation and its Subsidiaries terminates by reason of Executive’s death (other than by suicide) or Disability, then any RSUs which are not vested at the time of such termination will become vested
automatically. 
 (d)        Effect of [Retirement or] Leave of
Absence.  [If Executive’s employment with the Corporation and its Subsidiaries is terminated by reason of Executive’s retirement after attainment of [age      and     
years of Service] [age     , then any RSUs which are not vested at the time of such retirement will become vested automatically.] A leave of absence which is approved in writing by the Compensation Committee with specific
reference to this Agreement will not be considered a termination of Executive’s employment with the Corporation and its Subsidiaries for purposes of this Section 2 or any other provision of this Agreement. 

(e)        In the event of a Change of Control (as defined in the Plan), the RSUs will vest
immediately upon such Change of Control as provided in the Plan; provided, however, that in the event the RSUs are assumed by the surviving entity in a Change of Control or are equitably converted or substituted in connection with a Change of
Control, the vesting of the RSUs shall not be accelerated unless the Executive’s employment is terminated within two years following the effective date of such Change of Control either by the surviving entity without Cause or by the Executive
for Good Reason. For purposes of this Agreement, “Cause” shall mean: (i) the willful and continued failure of Executive perform substantially his or her duties with the Corporation or one of its affiliates after a written demand for
substantial performance is delivered to Executive by an officer of the Corporation which specifically identifies the manner in which Executive has not substantially performed his or her duties, after which Executive shall have a reasonable amount of
time to remedy such failure to substantially perform his or her duties; or (ii) the willful engaging by Executive in illegal conduct or gross misconduct which is materially and demonstrably injurious to the Corporation. For purposes of this
Agreement, “Good Reason” shall mean: (i) a material adverse reduction in the Executive’s position, duties or responsibilities, excluding a change in the position or level 

  
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of officer to whom the Executive reports or a change that is part of a policy, program, or arrangement applicable to peer executives (including peer executives of any successor to the
Corporation; (ii) the Corporation’s requiring the Executive to be based at any office or location more than 35 miles from the location where Executive was employed on the effective date of the Change of Control Date or the date which is
120 days prior to the effective date of the Change of Control; or (iii) a material reduction in Executive’s annual base salary, target annual bonus opportunity, or participation in employee benefit plans, as such salary, bonus and plans
were in effect on either the effective date of the Change of Control or the date which is 120 days prior to the effective date of the Change of Control (if such earlier date is selected by Executive) unless such reduction is part of a policy,
program, or arrangement applicable to peer executives (including peer executives to any successor to Corporation). 

(f)         No Forfeiture of Vested RSUs.   Any RSUs which vest pursuant
to the preceding provisions of this Section 2 will not thereafter be forfeited. 
  

	3.	 Conversion of RSUs and Issuance of Shares 

 Upon vesting of the RSUs, one share of the Corporation’s Common Stock shall be issued for each RSU that vests on such vesting date, subject to the terms and conditions of this Agreement and the Plan.

  

	4.	 Transfer of RSUs 

 Unless otherwise permitted by the Committee, the RSUs may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, other than pursuant to a will or the laws of descent and distribution.
Any attempted disposition in violation of this Agreement and the Plan shall be void. 
  

	5.	 Status of Executive 

 The Executive shall not be, or have rights as, a stockholder of the Corporation with respect to any of the shares of Common Stock subject to the RSUs unless such RSUs have vested, and shares underlying the RSUs
have been issued and delivered to him or her. The Corporation shall not be required to issue or transfer any certificates for shares of Common Stock upon vesting of the RSUs until all applicable requirements of law have been complied with and such
shares have been duly listed on any securities exchange on which the Common Stock may then be listed. 
  

	6.	 Dividend Equivalents 

 The RSUs will be credited with dividend equivalents equal to amount of cash dividend payments that would have otherwise been paid if the shares of the Corporation’s Common Stock represented by the RSUs
(including deemed reinvested additional shares attributable to the RSUs pursuant to this paragraph) were actually outstanding. These dividend equivalents will be deemed to be reinvested in additional shares of the Corporation’s Common Stock
determined by dividing the deemed cash dividend amount by the Fair Market Value (as defined in the Plan) of a share of the Corporation’s Common Stock on the applicable dividend payment date. Such credited amounts will be added to the RSUs and
will vest or be forfeited in accordance with Section 2 based on the vesting or forfeiture of the initial RSUs to which they are attributable. In addition, the 

  
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RSUs will be credited with any dividends or distributions that are paid in shares of the Corporation’s Common Stock represented by the RSUs and will otherwise be adjusted by the Committee
for other capital or corporate events as provided for in the Plan. 
  

	7.	 General Provisions 

 (a)        Administration, Interpretation and Construction.  The terms and conditions set forth in this Agreement will be administered, interpreted and
construed by the Compensation Committee, whose decisions will be final, conclusive and binding on the Corporation, on Executive and on anyone claiming under or through the Corporation or Executive. Without limiting the generality of the foregoing,
any determination as to whether an event has occurred or failed to occur which causes the RSUs to be forfeited pursuant to the terms and conditions set forth in this Agreement, will be made in the good faith but absolute discretion of the
Compensation Committee. By accepting the transfer of RSUs, Executive irrevocably consents and agrees to the terms and conditions set forth in this Agreement and to all actions, decisions and determinations to be taken or made by the Compensation
Committee in good faith pursuant to the terms and conditions set forth in this Agreement. 

(b)        Withholding.  The Corporation will have the right to withhold
from any payments to be made to Executive (whether under this Agreement or otherwise) any taxes the Corporation determines it is required to withhold with respect to Executive under the laws and regulations of any governmental authority, whether
Federal, state or local and whether domestic or foreign, in connection with this Agreement, including, without limitation, taxes in connection with the transfer of RSUs or the lapse of restrictions on RSUs. Failure to submit any such withholding
taxes shall be deemed to cause otherwise lapsed restrictions on RSUs not to lapse. 

(c)        Rights Not Assignable or Transferable.  No rights under this
Agreement will be assignable or transferable other than by will or the laws of descent and distribution, either voluntarily, or, to the full extent permitted by law, involuntarily, by way of encumbrance, pledge, attachment, levy or charge of any
nature except as otherwise provided in this Agreement. Executive’s rights under this Agreement will be exercisable during Executive’s lifetime only by Executive or by Executive’s guardian or legal representative. 

(d)        Terms and Conditions Binding.  The terms and conditions set
forth in the Plan and in this Agreement will be binding upon and inure to the benefit of the Corporation, its successors and assigns, including any assignee of the Corporation and any successor to the Corporation by merger, consolidation or
otherwise, and Executive, Executive’s heirs, devisees and legal representatives. In addition, the terms and conditions set forth in the Plan and in this Agreement will be binding upon and inure to the benefit of Fidelity and its successors and
assigns. 
 (e)        No Employment Rights.  No provision of
this Agreement or the Plan will be deemed to confer upon Executive any right to continue in the employ of the Corporation or a Subsidiary or will in any way affect the right of the Corporation or a Subsidiary to dismiss or otherwise terminate
Executive’s employment at any time for any reason with or without cause, or will be construed to impose upon the Corporation or a Subsidiary any liability for any forfeiture of RSUs which may result under this Agreement if Executive’s
employment is so terminated. 

  
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 (f)         No Liability for Good
Faith Business Acts or Omissions.  Executive recognizes and agrees that the Compensation Committee, the Board, or the officers, agents or employees of the Corporation and its Subsidiaries, in their oversight or conduct of the business
and affairs of the Corporation and its Subsidiaries, may in good faith cause the Corporation or a Subsidiary to act, or to omit to act, in a manner that may, directly or indirectly, prevent the RSUs from vesting. No provision of this Agreement will
be interpreted or construed to impose any liability upon the Corporation, a Subsidiary, the Compensation Committee, Board or any officer, agent or employee of the Corporation or a Subsidiary, for any forfeiture of RSUs that may result, directly or
indirectly, from any such action or omission. 

(g)        Recapitalization.  In the event that Executive receives, with
respect to RSUs, any securities or other property (other than cash dividends) as a result of any stock dividend or split, spin-off, recapitalization, merger, consolidation, combination or exchange of shares or a similar corporate change, any such
securities or other property received by Executive will likewise be held by Fidelity and be subject to the terms and conditions set forth in this Agreement and will be included in the term “RSUs.” 

(h)        Appointment of Agent.  By accepting the transfer of RSUs,
Executive irrevocably nominates, constitutes, and appoints Fidelity as Executive’s agent for purposes of surrendering or transferring the RSUs to the Corporation upon any forfeiture required or authorized by this Agreement. This power is
intended as a power coupled with an interest and will survive Executive’s death. In addition, it is intended as a durable power and will survive Executive’s disability. 

(i)         Legal Representative.  In the event of Executive’s
death or a judicial determination of Executive’s incompetence, reference in this Agreement to Executive shall be deemed, where appropriate, to Executive’s heirs or devises. 

(j)         Titles.  The titles to sections or paragraphs of this
Agreement are intended solely for convenience and no provision of this Agreement is to be construed by reference to the title of any section or paragraph. 
 (k)        Plan Governs.  The RSUs are being transferred to Executive pursuant to and subject to the Plan, a copy of which is available upon request to the
Corporate Secretary of the Corporation. The provisions of the Plan are incorporated herein by this reference, and all capitalized terms in this Agreement shall have the same meanings given to such terms in the Plan. The terms and conditions set
forth in this Agreement will be administered, interpreted and construed in accordance with the Plan, and any such term or condition which cannot be so administered, interpreted or construed will to that extent be disregarded. 

(l)         Complete Agreement.   This instrument contains the entire
agreement of the parties relating to the subject matter of this Agreement and supersedes and replaces all prior agreements and understandings with respect to such subject matter. The parties hereto have made no agreements, representations or
warranties relating to the subject matter of this Agreement which are not set forth herein or incorporated by reference. 

(m)       Amendment; Modification; Wavier.  No provision set forth in this
Agreement may be amended, modified or waived unless such amendment, modification or waiver shall 

  
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be authorized by the Compensation Committee and shall be agreed to in writing, signed by Executive and by an officer of the Corporation duly authorized to do so. No waiver by either party hereto
of any breach by the other party of any condition or provision set forth in this Agreement to be performed by such other party will be deemed a waiver of a subsequent breach of such condition or provision, or will be deemed a waiver of a similar or
dissimilar provision or condition at the same time or at any prior or subsequent time. 

(n)        Governing Law.  The validity, interpretation, performance and
enforcement of the terms and conditions set forth in this Agreement will be governed by the laws of the State of Georgia, the state in which the Corporation is incorporated, without giving effect to the principles of conflicts of law of that state.

 The Corporation has issued the RSUs in accordance with the foregoing terms and conditions and in accordance with the
provisions of the Plan. By signing below, Executive hereby agrees to the foregoing terms and conditions of the RSUs. 
 IN
WITNESS WHEREOF, Executive has set Executive’s hand and seal, effective as of the date and year set forth above. 

  
 6EX-10.3

 Exhibit 10.3 
 SYNOVUS FINANCIAL CORP. 
 STOCK OPTION AGREEMENT 

THIS AGREEMENT (“Agreement”), effective as of
            , 20     , by and between SYNOVUS FINANCIAL CORP. (the “Company”), a Georgia corporation having its principal office at 1111
Bay Avenue, Suite 500, Columbus, Georgia, and                      (the “Option Holder”), an employee of the Company or a Subsidiary
of the Company. 
 W I T N E S S E T H: 

WHEREAS, the Board of Directors of the Company has adopted the Synovus Financial Corp. 2013 Omnibus Plan (the
“Plan”); and 
 WHEREAS, the Company recognizes the value to it of the services of the Option Holder and intends to
provide the Option Holder with added incentive and inducement to contribute to the success of the Company; and 

WHEREAS, the Company recognizes the potential benefits of providing employees the opportunity to acquire an equity
interest in the Company and to more closely align the personal interests of employees with those of other shareholders; and 
 WHEREAS, effective             , 20     , pursuant to the Plan, the Compensation Committee of the Board of
Directors of the Company: (a) granted to the Option Holder, pursuant to Article 6 of the Plan, an Option in respect of the number of shares herein below set forth, (b) designated the Option a Non-Qualified Stock Option, and (c) fixed
and determined the Option price and exercise and termination dates as set forth below. 
 NOW THEREFORE, in
consideration of the mutual promises and representations herein contained and other good and valuable consideration, it is agreed by and between the parties hereto as follows: 

1.       The terms, provisions and definitions of the Plan are incorporated by reference
and made a part hereof. All capitalized terms in this Agreement shall have the same meanings given to such terms in the Plan except where otherwise noted. 
 2.       Subject to and in accordance with the provisions of the Plan, the Company hereby grants to the Option Holder a Non-Qualified Stock Option to purchase, on the terms
and subject to the conditions hereinafter set forth, all or any part of an aggregate of NUMBER OF OPTIONS shares of the Common Stock ($1.00 par value) of the Company at the purchase price of
$         per share, exercisable in the amounts and at the times set forth in this Paragraph 2, unless the Compensation Committee, in its sole and exclusive discretion, shall authorize the Option Holder
to exercise all or part of the Option at an earlier date. 

  
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 The Option may be exercised in accordance with the following schedule as provided in the
Plan: 
  

							
	 	 	  If employment	    	    Percentage of	  	 
	 	 	continues through	    	Option Exercisable	  	 
				
		 	                        ,
20    	    	100%	  	
			
		 	                              
      [or]	  	
				
		 	                        ,
20    	    	        %	  	
			
		 	                              
      [or]	  	
				
		 	                        ,
20    	    	        %	  	
			
		 	                              
      [or]	  	
				
		 	                        ,
20    	    	        %	  	
			
		 	                              
      [or]	  	
				
		 	                        ,
20    	    	        %	  	
			
		 	                              
      [or]	  	
				
		 	                        ,
20    	    	        %	  	

 In the event of Option Holder’s death or total and permanent disability, the Option
will automatically vest 100% and Option Holder (or the legal representative of Option Holder’s estate or legatee under Option Holder’s will) shall be able to exercise the Option in full for the remainder of the Option’s term. [In
addition, the Option will automatically vest 100% and be exercisable in full for the remainder of the Option’s term in the event Option Holder’s employment with Company terminates after Option Holder has attained age [__][__] (or greater)
with      or more years of service.] 
 [The Option will automatically vest 100% and
be exercisable in full for the remainder of the Option’s term in the event the Option Holder’s employment is involuntarily terminated by the Company without Cause after Option Holder has attained 10 years of service. For purposes of this
Agreement, “Cause” shall have the meaning set forth in Section 7 below.] 
 In the event of
Option Holder’s separation of employment for any reason other than the reasons listed above, Option Holder shall be able to exercise the Option to the extent the Option was exercisable at the time of such separation of employment for one year
following the date of such separation of employment[; provided, however, that in the event Option Holder retires after attaining age      (or greater) after      or more years of service, the
Option may be exercised to the extent it was exercisable at the time of such retirement for the remainder of its original term]. 
 Unless sooner terminated as provided in the Plan or in this Agreement, the Option shall terminate, and all rights of the Option Holder hereunder shall expire on
            , 20     . In no event may the Option be exercised after             , 20
    . 
 3.
            The Option or any part thereof, may, to the extent that it is exercisable, be exercised in the manner provided in the Plan. Payment of the aggregate Option price for the number
of shares purchased and any withholding taxes shall be made in the manner provided in the Plan. 
 4.
            The Option or any part thereof may be exercised during the lifetime of the Option Holder only by the Option Holder and only while the Option Holder is in the employ of the
Company, except as otherwise provided in the Plan. 

  
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 5.           Unless
otherwise designated by the Compensation Committee, the Option shall not be transferred, assigned, pledged or hypothecated in any way. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of a nontransferable Option or any
right or privilege confirmed hereby contrary to the provisions hereof, the Option and the rights and privileges confirmed hereby shall immediately become null and void. 

6.           In the event of any merger, reorganization, consolidation,
recapitalization, stock dividend, or other change in corporate structure affecting the Company’s Stock, any necessary adjustment shall be made in accordance with the provisions of Section 4.4 of the Plan. 

7.           In the event of a Change of Control as defined in the
Plan, any unexercisable or unvested portion of the Option shall become fully exercisable and vested immediately upon the effective date of such Change of Control as provided in the Plan; provided, however, that in the event the Option is assumed by
the surviving entity in a Change of Control or are equitably converted or substituted in connection with a Change of Control, the exercisability and vesting of the Option shall not be accelerated unless the Option Holder’s employment is
terminated within two years following the effective date of such Change of Control either by the surviving entity without Cause or by the Option Holder for Good Reason. For purposes of this Agreement, “Cause” shall mean: (i) the
willful and continued failure of Option Holder to perform substantially his or her duties with the Company or one of its affiliates after a written demand for substantial performance is delivered to Option Holder by an officer of the Company which
specifically identifies the manner in which Option Holder has not substantially performed his or her duties, after which Option Holder shall have a reasonable amount of time to remedy such failure to substantially perform his or her duties; or
(ii) the willful engaging by Option Holder in illegal conduct or gross misconduct which is materially and demonstrably injurious to the Company. For purposes of this Agreement, “Good Reason” shall mean: (i) a material adverse
reduction in the Option Holder’s position, duties or responsibilities, excluding a change in the position or level of officer to whom the Option Holder reports or a change that is part of a policy, program, or arrangement applicable to peer
executives (including peer executives of any successor to the Company; (ii) the Company requiring the Option Holder to be based at any office or location more than 35 miles from the location where Option Holder was employed on the effective
date of the Change of Control Date or the date which is 120 days prior to the effective date of the Change of Control; or (iii) a material reduction in Option Holder’s annual base salary, target annual bonus opportunity, or participation
in employee benefit plans, as such salary, bonus and plans were in effect on either the effective date of the Change of Control or the date which is 120 days prior to the effective date of the Change of Control (if such earlier date is selected by
Option Holder) unless such reduction is part of a policy, program, or arrangement applicable to peer executives (including peer executives to any successor to Company). 

8.           Any notice to be given to the Company shall be addressed
to the President of the Company at 1111 Bay Avenue, Suite 500, Columbus, Georgia 31901. 
 9.
          Nothing herein contained shall affect the right of the Option Holder to participate in and receive benefits under and in accordance with the provisions of any pension, insurance or other
benefit plan or program of the Company as in effect from time to time and for which the Option Holder is eligible. 
 10.         Nothing herein contained shall affect the right of the Company, subject to the terms of any written contractual arrangement to the contrary, to
terminate the Option Holder’s employment at any time for any reason whatsoever. 
 11.
        This Agreement shall be binding upon and inure to the benefit of the Option Holder, his personal representatives, heirs legatees, but neither this Agreement nor any rights hereunder shall be assignable
or otherwise transferable by the Option Holder except as expressly set forth in this Agreement or in the Plan. 

  
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 Company has issued the Option with foregoing the terms and conditions in
accordance with the provisions of the Plan. IN WITNESS WHEREOF, Option Holder has set Option Holder’s hand and seal, effective as of the date and year set forth above. 

  
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