Document:

Exhibit 10.19

    

    
       

      Time-Based RSU Award Agreement

    

     

    CROSSFIRST BANKSHARES, INC.

    2018 OMNIBUS EQUITY INCENTIVE PLAN

    

    

    LEGACY RESTRICTED STOCK UNIT AWARD AGREEMENT FOR RESTRICTED 

    STOCK UNITS ORIGINALLY GRANTED UNDER THE

    CROSSFIRST BANKSHARES, INC. EMPLOYEE EQUITY INCENTIVE PLAN

    

    

    
      	
              Original Date of Grant of Legacy RSUs

            	 
	
              (“Legacy Date of Grant”):

            	 
	 	 
	
              Number of Legacy RSUs Assumed:

            	 

    

    

    

    This Legacy Restricted Stock Unit Award Agreement (this “Legacy RSU Award Agreement”), is entered into on ___________________________ (the “Legacy RSU Assumption Date”), by and between CrossFirst
      Bankshares, Inc., a Kansas Corporation (the “Company”) and _________________ (the “Grantee”).

    

    

    RECITALS:

    

    

    A.   Effective [Date], the Company adopted the CrossFirst Bankshares, Inc. 2018 Omnibus Equity Incentive Plan (the “Plan”).  The terms of the Plan allow the Company to assume currently outstanding
      equity awards (“Legacy Awards”) granted under the Company’s previously-adopted equity compensation plans (each a “Legacy Plan”) before the Effective Date of the Plan.

    

    

    B.   The Grantee is a Service Provider of the Company or one of its Affiliates to whom a restricted stock unit Legacy Award was granted under the CrossFirst Bankshares, Inc. Employee Equity Incentive
      Plan (the “Original RSUs”) before the Effective Date.

    

    

    C.   The Board has authorized the Company to assume the Original RSUs and substitute and replace such Original RSUs as a Legacy Award under the Plan (the “Legacy RSUs”) provided that the terms and
      conditions of this Legacy RSU Award Agreement and the Plan shall supersede and replace the terms and conditions of the Legacy RSUs’ original award agreement and the applicable Legacy Plan as of the Legacy RSU Assumption Date.

    

    

    AGREEMENT:

    

    

    In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree as follows:

    

    

    Section 1.   Incorporation of the Plan.  All provisions of this Legacy
      RSU Award Agreement and the rights of the Grantee hereunder are subject in all respects to the provisions of the Plan, the terms of which are incorporated herein by reference, and the powers of the Committee therein provided.  Capitalized terms used
      in this Legacy RSU Award Agreement but not defined herein have the meanings set forth in Plan.

    
      1

      
        
 

    

    
      Time-Based RSU Award Agreement

      

      

    

    Section 2.   Assumption of Legacy RSUs.  The Company hereby assumes the
      Legacy RSUs granted to the Grantee on the Legacy Date of Grant shown above and continues to maintain the Legacy RSUs in a separate account maintained on the books of the Company (the “Account”).  The number of Legacy RSUs maintained in the Account
      shall equal that number of Legacy RSUs identified above opposite the heading “Number of Legacy RSUs Assumed.” On any date, the value of each Legacy RSU shall equal the Fair Market Value of a Share and each Legacy RSU shall alternatively represent a
      right to receive one Share, if the applicable terms and conditions are satisfied.  The Grantee’s interest in the Account shall make Grantee only a general, unsecured creditor of the Company.  The Legacy RSUs may not be sold, transferred, gifted,
      bequeathed, pledged, assigned, or otherwise alienated or hypothecated, voluntarily or involuntarily.  The rights of the Grantee with respect to the Legacy RSUs shall remain forfeitable at all times prior to the Settlement Date, as defined below.

     

    Section 3.   Settlement of Legacy RSUs.  The Legacy RSUs may be settled
      by delivering to the Grantee or his or her Beneficiary, as applicable, a number of Shares equal to the whole number of Shares underlying the Legacy RSUs then held by the Grantee (or a specified portion of the Legacy RSUs in the event of any partial
      settlement).  The date on which the Company issues Shares to the Grantee in connection with “vesting” of a Legacy RSU is the “Settlement Date.”

     

    Except as specifically provided elsewhere under the Plan, the restrictions on Legacy RSUs subject to this Legacy RSU Award Agreement will lapse and the Legacy RSUs will be settled in accordance with the original
      schedule set forth in the Original RSUs’ award agreement and reproduced below:

     

    [Insert Time Vesting Schedule from Original Award Agreement]

     

    	
            Vesting Date

          	
            Percentage of Legacy RSUs Vested

          
	
            _______

          	
            _______%

          
	
            _______

          	
            _______%

          
	
            _______

          	
            _______%

          
	
            _______

          	
            _______%

          

    

    

     Notwithstanding the foregoing, (a) the Committee may, in its sole discretion, accelerate the Settlement Date for any or all of the Legacy RSUs, if in its
        judgment the performance of the Grantee has warranted such acceleration and/or such acceleration is in the best interests of the Company; (b) if the Grantee’s position as a Service Provider with the Company or any of its Affiliates is terminated by
        reason of the Grantee’s death or “disability,” the Settlement Date for all of the Legacy RSUs automatically will be accelerated to the date of the Grantee’s termination as a Service Provider; and (c) if the Grantee’s position as a Service Provider
        with the Company or any of its Affiliates is terminated by reason of the Grantee’s “retirement,” the Settlement Date for a pro rata portion of the Legacy RSUs automatically will be accelerated to the date of the Grantee’s termination as a Service
        Provider. For purposes of this Legacy RSU Award Agreement, “disability” shall mean the Grantee’s physical or mental impairment falling within the definition of “disability” as such term or any comparable term is defined in any disability insurance
        policy covering the Grantee at the time of such disability.  The Grantee covenants and agrees to submit to a reasonable physical examination by a licensed medical doctor acceptable to the Company for the purpose of evaluating whether the Grantee is
        disabled. All determinations as to the date and extent of disability shall be made by the Committee, upon the basis of such evidence, as the Committee deems necessary and desirable.  For purposes of this Legacy RSU Award Agreement, “retirement”
        shall mean the Grantee’s severance from the Company, in good standing, upon or after attainment of the age of 65 with no less than five (5) years of participation in the Plan or Legacy Plan and service to the Company. The Board may grant exceptions
        to these qualifications, on a case-by-case basis.

    
      2

      
        
 

    

    

      Time-Based RSU Award Agreement

      

      

    

    Payment of the Shares following the Settlement Date shall be made by the Company to the Grantee within the 60 day period following the Settlement Date.

     

    Section 4.   Cancellation of Legacy RSUs.  Unless otherwise provided in
      this Section 4 or in the Plan, if, prior to the final Settlement Date, the Grantee’s position as a Service Provider to the Company or any of its Affiliates is terminated for any reason (other than the Grantee’s death, “disability” or “retirement”) or
      no reason, the Grantee shall thereupon immediately forfeit any and all unsettled Legacy RSUs, all such unsettled Legacy RSUs shall be cancelled, and the Grantee shall have no further rights under this Legacy RSU Award Agreement.  For purposes of this
      Legacy RSU Award Agreement, the transfer of employment between the Company and any of its Affiliates (or between Affiliates) shall not constitute a termination of the Grantee’s position as a Service Provider.

     

    4.1   Cancellation due to Breach of Confidentiality.  Notwithstanding anything in this Legacy RSU
      Award Agreement or the Plan to the contrary, the Company may, in its sole discretion, suspend and/or cause the Grantee to forfeit all rights, vested or otherwise, to receive any or all benefits otherwise due under this Legacy RSU Award Agreement with
      respect to the Legacy RSUs, if the Grantee, at any time, whether or not employed by the Company or an Affiliate: (a) directly or indirectly solicits, interferes with, or attempts to interfere with any of the Company’s or its Affiliates’ customer
      relationships or other employee relationships that existed on the date the Grantee ceased to be a Service Provider or during the six month period following the date on which the Grantee ceased to be a Service Provider; or (b) was “terminated for
      cause.”  For purposes of this Legacy RSU Award Agreement, “terminated for cause” shall mean a termination due to malfeasance, embezzlement or fraud, termination under the terms of any employment agreement between the Company and the Grantee or such
      other act the Committee determines is equivalent to such acts. The foregoing shall apply without regard to whether the Grantee’s work, business, release of information, or conviction, as the case may be, has any demonstrable adverse effect on the
      Company or any Affiliate. Any determination made by the Committee with regard to suspension and/or forfeiture under this Section 4.1 shall be final and conclusive.

     

    4.2   Cancellation after Grantee Ceases to be a Service Provider.  In the event the Grantee is
      found, within 12 months following the date he or she ceased to be a Service Provider, to have, during the period in which the Grantee was a Service Provider: (a) willfully engaged in conduct which would have constituted grounds for termination for
      cause or immediate dismissal under the Company’s employment policies; (b) willfully engaged in conduct which was demonstrably and materially injurious to the Company, monetarily or otherwise; or (c) committed a felony or other crime involving fraud,
      dishonesty, or moral turpitude, the Grantee shall promptly return to the Company all benefits that the Grantee received under this Legacy RSU Award Agreement during the last 12 months the Grantee was a Service Provider.

    
      3

      
        
 

    

    
      Time-Based RSU Award Agreement

      

      

    

    Section 5.   Dividends and Voting. Prior to the Legacy RSUs’ Settlement
      Date, the Grantee shall not be entitled to receive dividends or Dividend Equivalent payments for any dividends paid by the Company on Shares, whether payable in Stock, in cash or in kind. The Grantee will have no voting rights with respect to any of
      the Legacy RSUs.

     

    Section 6.   Tax Withholding.  The Grantee shall be required to pay to
      the Company, and the Company shall have the right to deduct from any compensation paid to the Grantee pursuant to the Plan, the amount of any federal, state, and local withholding obligations of the Company with respect to the Legacy RSUs.  The
      Company will not deliver Shares to the Grantee under this Legacy RSU Award Agreement unless the Grantee has remitted (or in appropriate cases agrees to remit) or otherwise provided for the satisfaction of any withholding obligation.  Unless
      specifically denied by the Committee, the Grantee may elect to satisfy any such withholding obligations by one or a combination of the following methods:

     

    (a)   payment of an amount in cash equal to the amount to be withheld;

     

    (b)   payment by tendering previously acquired Shares (either actually or by attestation) valued at the Share’s then Fair Market Value and equal to the amount to be withheld;

     

    (c)   requesting that the Company withhold from the Shares otherwise issuable to the Grantee Shares having a Fair Market Value equal to or less than the amount to be withheld; or

     

    (d)   withholding from any other compensation otherwise due to the Grantee.

     

    To the extent the Committee permits withholding through either the payment of previously acquired Shares or withholding from Shares otherwise issuable to the Grantee, any such withholding shall be in accordance with
      any rules or established procedures for election by Participants, including any rules or restrictions relating to the period of time any previously acquired Shares have been held or owned, including any elections, the irrevocability of any election,
      or any special rules relating to a Grantee who is an officer of the Company within the meaning of Section 16 of the 1934 Act.

     

    Section 7.   No Right to Continue as a Service Provider.  Neither the
      Plan nor this Legacy RSU Award Agreement confers upon the Grantee any right to be retained in any position as an Employee, Consultant, or Director of the Company.  Further, nothing in the Plan or this Legacy RSU Award Agreement shall be construed to
      limit the discretion of the Company to terminate the Grantee as a Service Provider at any time, with or without Cause.

     

    Section 8.   Effect of a Change in Control.  In the event of a “change
      in control,” any outstanding and unvested Legacy RSUs shall fully vest as of the date of the change in control, and the date of the change in control shall be considered the Settlement Date of the Legacy RSUs vested on account of the change in
      control.  For purposes of this Legacy RSU Award Agreement, “change in control” means a change in ownership of a substantial portion of the Company’s assets, a change in the majority of the members of the Board
      without the approval of the incumbent Board or the closing of a merger or consolidation of the Company with any other company, which would result in the owners of the voting securities of the Company outstanding immediately prior thereto owning
      (either by remaining outstanding or by being converted into voting securities of the surviving entity) less than 50% of the combined voting power of the voting securities of the Company (or such surviving entity) outstanding immediately after such
      merger or consolidation.

    
      4

      
        
 

    

    
      Time-Based RSU Award Agreement

      

      

    

    Notwithstanding the foregoing, for purposes of any amounts paid under this Legacy RSU Award Agreement to the Grantee that is treated as nonqualified deferred compensation subject to Section 409A of the Code, a change
      in control shall not occur unless such transaction or series of related transactions, constitutes a change in ownership of the Company, a change in effective control of the Company, a change in ownership of a substantial portion of the Company’s
      assets, each under Section 409A of the Code or otherwise constitutes a change in control within the meaning of Section 409A of the Code; provided, however, if the Company treats an event as a change in control that does not meet the requirements of
      Section 409A of the Code, such amounts shall be paid when such amounts would otherwise have been paid but for the change in control.

     

    Section 9.   Compliance with Law.  The issuance and transfer of Shares
      shall be subject to compliance by the Company and the Grantee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company’s Shares may be listed. No Shares
      shall be issued with respect to the Legacy RSUs unless and until any then applicable requirements of state or federal laws and regulatory agencies have been fully complied with to the satisfaction of the Company and its counsel. The Grantee
      understands that the Company is under no obligation to register the Shares with the Securities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

     

    Section 10.   Notices.  Any notice required to be delivered to the
      Company under this Legacy RSU Award Agreement shall be in writing and addressed to the General Counsel and Corporate Secretary of the Company at the Company’s principal corporate office.  Any notice required to be delivered to the Grantee under this
      Legacy RSU Award Agreement shall be in writing and addressed to the Grantee at the Grantee’s address as shown in the records of the Company.  Either party may designate another address in writing (or such other method approved by the Company) from
      time to time.

     

    Section 11.   Governing Law.  This Legacy RSU Award Agreement will be
      construed and interpreted in accordance with the laws of the State of Kansas without regard to conflict of law principles.

     

    Section 12.   Adjustments.  If any change is made to the outstanding
      Stock or capital structure of the Company, if required, the Legacy RSUs shall be adjusted or terminated in any manner as contemplated by the Plan.

     

    Section 13.   Amendment.  This Legacy RSU Award Agreement may be amended
      in a manner that is materially adverse to the Grantee only by a writing executed by the parties hereto which specifically states that it is amending this Legacy RSU Award Agreement.

    
      5

      
        
 

    

    
      Time-Based RSU Award Agreement

      

      

    

    Section 14.   Repayment.  In the event the Board, or an appropriate
      committee thereof composed of “independent directors,” as defined in NASDAQ Marketplace Rule 4200(a)(15), determines that any fraud, negligence or intentional misconduct by any Service Provider was a significant contributing factor to the Company
      having to restate all or a portion of its financial statements, the Board will take, in its discretion, such action as it deems necessary to remedy the misconduct and prevent its recurrence. Such actions may include requiring reimbursement of all
      Legacy RSUs and compensation paid to the Grantee under this Legacy RSU Award Agreement.

     

    Section 15.   Interpretation.  Any dispute regarding the interpretation
      of this Legacy RSU Award Agreement shall be submitted by the Grantee or the Company to the Committee for review.  The resolution of such dispute by the Committee shall be final and binding on the Grantee and the Company.

     

    Section 16.   Titles.  Titles are provided herein for convenience only
      and are not to serve as a basis for interpretation or construction of this Legacy RSU Award Agreement.

     

    Section 17.   Section 409A Compliance.   It is the intent of the
      Company that all payments made under this Legacy RSU Award Agreement will be exempt from Section 409A of the Code and the Treasury regulations and guidance issued thereunder (“Section 409A”) pursuant to the “short-term deferral” exemption.   
      Notwithstanding any provision of the Plan or this Legacy RSU Award Agreement to the contrary, (i) this Legacy RSU Award Agreement shall not be amended in any manner that would cause any amounts payable hereunder that are not subject to Section 409A
      to become subject thereto (unless they also are in compliance therewith), and the provisions of any purported amendment that may reasonably be expected to result in such non-compliance shall be of no force or effect with respect to this Legacy RSU
      Award Agreement and (ii) the Company, to the extent it deems necessary or advisable in its sole discretion, reserves the right, but shall not be required, to unilaterally amend or modify this Legacy RSU Award Agreement to reflect the intention that
      the Plan qualifies for exemption from or complies with Section 409A in a manner that as closely as practicable achieves the original intent of this Legacy RSU Award Agreement and with the least reduction, if any, in overall benefit to a Grantee to
      comply with Section 409A on a timely basis, which may be made on a retroactive basis, in accordance with regulations and other guidance issued under Section 409A.  Neither the Company nor the Committee makes any representation that this Legacy RSU
      Award Agreement shall be exempt from or comply with Section 409A and makes no undertaking to preclude Section 409A from applying to this Legacy RSU Award Agreement.

     

    Section 18.   Successors and Assigns.  The Company may assign any of
      its rights under this Legacy RSU Award Agreement. This Legacy RSU Award Agreement will be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this Legacy RSU
      Award Agreement will be binding upon the Grantee and the Grantee’s beneficiaries, executors, administrators and the person(s) to whom the Legacy RSUs may be transferred by will or the laws of descent or distribution.

     

    Section 19.   Severability.  The invalidity or unenforceability of any
      provision of the Plan or this Legacy RSU Award Agreement shall not affect the validity or enforceability of any other provision of the Plan or this Legacy RSU Award Agreement, and each provision of the Plan and this Legacy RSU Award Agreement shall
      be severable and enforceable to the extent permitted by law.

    
      6

      
        
 

    

    
      Time-Based RSU Award Agreement

    

    

    

    Section 20.   No Impact on Other Benefits. The value of the Grantee’s
      Legacy RSUs is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.

     

    Section 21.   Counterparts. This Legacy RSU Award Agreement may be
      executed in counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument. Counterpart signature pages to this Legacy RSU Award Agreement transmitted by facsimile transmission, by
      electronic mail in portable document format (.pdf), or by any other electronic means intended to preserve the original graphic and pictorial appearance of a document, will have the same effect as physical delivery of the paper document bearing an
      original signature.

     

    Section 22.   Acceptance of Assumption and Substitution of Award Agreement. 
      The Grantee hereby acknowledges receipt of a copy of the Plan and this Legacy RSU Award Agreement. The Grantee has read and understands the terms and provisions thereof, and accepts the assumption of the Original RSUs and the substitution for the
      Legacy RSUs under the Plan and the substitution of this Legacy RSU Award Agreement for the previous agreement between the Company and the Grantee with respect to the Original RSUs. The Grantee further acknowledges that from the Legacy RSU Assumption
      Date forward, the Original RSUs are subject to all of the terms and conditions of the Plan and this Legacy RSU Award Agreement.

     

    Section 23.   Entire Agreement and Binding Effect.  This Legacy RSU
      Award Agreement and the Plan constitute the entire contract between the parties hereto with regard to the subject matter hereof.  They supersede any other agreements, representations or understandings (whether oral or written and whether express or
      implied) that relate to the subject matter hereof.  Except as expressly stated herein to the contrary, this Legacy RSU Award Agreement will be binding upon and inure to the benefit of the respective heirs, legal representatives, successors and
      assigns of the parties hereto.

     

    [Signature Page Follows]

    
      7

      
        
 

    

    
      
        Time-Based RSU Award Agreement

      

       

    

    The parties to this Legacy RSU Award Agreement have executed this Legacy RSU Award Agreement as of the date provided in the preamble to this Agreement.

    

    

    
      	 CROSSFIRST BANKSHARES, INC. 	 
	 	 	 
	
              By:

            	 	 
	 	 	 
	
              Name:

            	 	 
	 	 	 
	
              Title:

            	 	 
	 	  	 
	
              [GRANTEE NAME]

               	 
	 	 	 
	
              By:

            	 	 
	 	 	 
	
              Name:

            	 	 

    

     8Exhibit 10.20

     

    
      Time-Based RSU Award Agreement

    

     

  

  
    CROSSFIRST BANKSHARES, INC.

    2018 OMNIBUS EQUITY INCENTIVE PLAN

     

    RESTRICTED STOCK UNIT AWARD AGREEMENT

     

    
      	
              Date of Grant:

            	 	
               

            
	
               

            	 	
               

            
	
              Number of Restricted Stock Units Granted:

            	 	
               

            

    

     

    This Restricted Stock Unit Award Agreement (this “RSU Award Agreement”), is entered into on ___________________________, by and between CrossFirst Bankshares, Inc., a Kansas Corporation (the “Company”)
      and _________________ (the “Grantee”).

     

    RECITALS:

     

    A.   Effective [Date], the Company adopted the CrossFirst Bankshares, Inc. 2018 Omnibus Equity Incentive Plan (the “Plan”) pursuant to which the Company may, from time to time, grant Restricted Stock
      Units to eligible Service Providers of the Company and its Affiliates.

     

    B.   The Grantee is a Service Provider of the Company or one of its Affiliates, and the Company desires to grant to the Grantee Restricted Stock Units relating to the Company’s Shares on the terms and
      conditions reflected in this RSU Award Agreement and the Plan.

     

    AGREEMENT:

     

    In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree as follows:

     

    Section 1.   Incorporation of the Plan.  All provisions of this RSU
      Award Agreement and the rights of the Grantee hereunder are subject in all respects to the provisions of the Plan, the terms of which are incorporated herein by reference, and the powers of the Committee therein provided.  Capitalized terms used in
      this RSU Award Agreement but not defined herein have the meanings set forth in Plan.

     

    Section 2.   Grant of Restricted Stock Units.  As of the Date of Grant
      identified above, the Company hereby grants to the Grantee and credits to a separate account maintained on the books of the Company (“Account”) that number of Restricted Stock Units identified above opposite the heading “Number of Restricted Stock
      Units Granted” (the “RSUs”). On any date, the value of each RSU shall equal the Fair Market Value of a Share and each RSU shall alternatively represent a right to receive one Share, if the applicable terms and conditions are satisfied.  The Grantee’s
      interest in the Account shall make the Grantee only a general, unsecured creditor of the Company.  Unless otherwise provided for in the Plan, the RSUs may not be sold, transferred, gifted, bequeathed, pledged, assigned, or otherwise alienated or
      hypothecated, voluntarily or involuntarily.  The rights of the Grantee with respect to the RSUs shall remain forfeitable at all times prior to the date on which such rights are settled (the “Settlement Date,” as defined below).

     

    
       

      
        
 

    

     Time-Based RSU Award Agreement

     

     

    Section 3.   Settlement of RSUs.  The RSUs may be settled by delivering
      to the Grantee or his or her Beneficiary, as applicable, either, as determined by the Company in its sole discretion, (a) an amount of cash equal to the Fair Market Value of a Share as of the Settlement Date multiplied by the number of Shares
      underlying the RSUs held by the Grantee (or a specified portion of the RSUs in the event of any partial settlement), or (b) a number of Shares equal to the whole number of Shares underlying the RSUs then held by the Grantee (or a specified portion of
      the RSUs in the event of any partial settlement).  The date on which the Company pays cash or issues Shares to the Grantee in connection with “vesting” of an RSU is the “Settlement Date.”

     

    Except as specifically provided elsewhere under the Plan, the restrictions on RSUs subject to this RSU Award Agreement will lapse and the RSUs will be settled in accordance with the schedule set forth below:

     

    	
            Vesting Date

          	
            Percentage of RSUs Vested

          
	
            _______

          	
            _______%

          
	
            _______

          	
            _______%

          
	
            _______

          	
            _______%

          
	
            _______

          	
            _______%

          
	
            _______

          	
            _______%

          

     

    Notwithstanding the foregoing, (a) the Committee may, in its sole discretion, accelerate the Settlement Date for any or all of the RSUs, if in its judgment the performance of the Grantee has warranted such acceleration
      and/or such acceleration is in the best interests of the Company, provided that, except with respect to RSUs granted to a nonemployee Director, the Settlement Date is not accelerated to a date earlier than the first anniversary of the Date of Grant,
      and (b) if the Grantee’s position as a Service Provider with the Company or any of its Affiliates is terminated by reason of the Grantee’s death or Disability, the Settlement Date for all of the RSUs automatically will be accelerated to the date of
      the Grantee’s termination as a Service Provider.

     

    Payment of the cash and/or Shares following the Settlement Date shall be made by the Company to the Grantee within the 60 day period following the Settlement Date.

     

    Section 4.   Cancellation of RSUs.  Unless otherwise provided in this
      Section 4 or in the Plan, if, prior to the final Settlement Date, the Grantee’s position as a Service Provider to the Company or any of its Affiliates is terminated for any reason (other than the Grantee’s death or Disability) or no reason, the
      Grantee shall thereupon immediately forfeit any and all unsettled RSUs, all such unsettled RSUs shall be cancelled, and the Grantee shall have no further rights under this RSU Award Agreement.  For purposes of this RSU Award Agreement, the transfer
      of employment between the Company and any of its Affiliates (or between Affiliates) shall not constitute a termination of the Grantee’s position as a Service Provider.

     

    
      2

      
        
 

    

    
      Time-Based RSU Award Agreement

    

     

    Section 5.   Dividends and Voting. Prior to an RSU’s Settlement Date,
      the Grantee shall be entitled to receive Dividend Equivalent payments for any dividends paid by the Company on Shares, whether payable in Stock, in cash or in kind, or other distributions, declared as of a record date that occurs on or after the Date
      of Grant hereunder and prior to any cancellation of such RSUs, provided that any such Dividend Equivalent payments shall be held in escrow by the Company and, be subject to the same rights, restrictions on transfer and conditions applicable to the
      underlying RSUs.  In the event of cancellation of any or all of the RSUs, the Grantee will forfeit all Dividend Equivalent payments held in escrow and relating to the underlying cancelled RSUs.  The Grantee will have no voting rights with respect to
      any of the RSUs.

     

    Section 6.   Tax Withholding.  The Grantee shall be required to pay to
      the Company, and the Company shall have the right to deduct from any compensation paid to the Grantee pursuant to the Plan, the amount of any federal, state, and local withholding obligations of the Company with respect to the RSUs.  The Company will
      not deliver Shares to the Grantee under this RSU Award Agreement unless the Grantee has remitted (or in appropriate cases agrees to remit) or otherwise provided for the satisfaction of any withholding obligation.  Unless specifically denied by the
      Committee, the Grantee may elect to satisfy any such withholding obligations by one or a combination of the following methods:

     

    (a)   payment of an amount in cash equal to the amount to be withheld;

     

    (b)   payment by tendering previously acquired Shares (either actually or by attestation) valued at the Share’s then Fair Market Value and equal to the amount to be withheld;

     

    (c)   requesting that the Company withhold from the Shares otherwise issuable to the Grantee Shares having a Fair Market Value equal to or less than the amount to be withheld; or

     

    (d)   withholding from any other compensation otherwise due to the Grantee.

     

    To the extent the Committee permits withholding through either the payment of previously acquired Shares or withholding from Shares otherwise issuable to the Grantee, any such withholding shall be in accordance with
      any rules or established procedures for election by Participants, including any rules or restrictions relating to the period of time any previously acquired Shares have been held or owned, including any elections, the irrevocability of any election,
      or any special rules relating to a Grantee who is an officer of the Company within the meaning of Section 16 of the 1934 Act.

     

    Section 7.   No Right to Continue as a Service Provider.  Neither the
      Plan nor this RSU Award Agreement confers upon the Grantee any right to be retained in any position as an Employee, Consultant, or Director of the Company.  Further, nothing in the Plan or this RSU Award Agreement shall be construed to limit the
      discretion of the Company to terminate the Grantee as a Service Provider at any time, with or without Cause.

     

    
      3

      
        
 

    

    
      Time-Based RSU Award Agreement

    

     

    Section 8.   Restrictive Covenants.  In consideration for the granting
      of the RSUs and in addition to any other restrictive agreements that the Grantee may have entered into with the Company or an Affiliate, the Grantee accepts and agrees to be bound as follows (except in cases in which the following covenants conflict
      with the terms of any employment agreement between the Company or an Affiliate and the Grantee; in such cases the terms of such an employment agreement shall control):

     

    8.1   Noncompetition.  During the time the Grantee is a Service Provider of the Company or an
      Affiliate and until two years after the Grantee ceases to be a Service Provider of the Company or an Affiliate, the Grantee will not contribute his or her knowledge, directly or indirectly, in whole or in part, as an employee, officer, owner,
      manager, advisor, consultant, agent, partner, director, shareholder, volunteer, intern or in any other similar capacity to an entity engaged in the same or similar business as the Company and its Affiliates.

     

    8.2   Nonsolicitation of Company Service Providers.  During the time the Grantee is a Service
      Provider of the Company or an Affiliate and until two years after the Grantee ceases to be a Service Provider of the Company or an Affiliate, the Grantee will not directly or indirectly, solicit, hire, recruit, attempt to hire or recruit, or induce
      the termination of employment of any other Service Provider of the Company or its Affiliates.

     

    8.3   Nonsolicitation of Company Customers.  During the time the Grantee is a Service Provider of
      the Company or an Affiliate and until two years after the Grantee ceases to be a Service Provider of the Company or an Affiliate, the Grantee will not directly or indirectly, solicit, contact (including, but not limited to, e-mail, regular mail,
      express mail, telephone, fax, and instant message), attempt to contact or meet with the current, former or prospective customers of the Company or any of its Affiliates for purposes of offering or accepting goods or services similar to or competitive
      with those offered by the Company or any of its Affiliates.

     

    8.4   No Detrimental Communications.  The Grantee agrees not to disclose or cause to be disclosed at
      any time any untrue, negative, adverse or derogatory comments or information about the Company, any Affiliate, about any product or service provided by the Company, or about prospects for the future of the Company.

     

    8.5   Confidentiality.  The Grantee acknowledges that it is the policy of the Company to maintain as
      confidential all customer lists and information relating to the Company’s customers, their businesses, operations, employees and customers (“Confidential Information”).  The Grantee recognizes that the Confidential Information is the sole and
      exclusive property of the Company, and that disclosure of Confidential Information would cause damage to the Company.  The Grantee shall not at any time disclose or authorize the disclosure of Confidential Information that (a) is disclosed to or
      known by the Grantee as result of, as a consequence of, or through the Grantee’s performance of services for the Company, (b) is not publicly or generally known outside the Company, and (c) relates in any manner to the Company’s business.  This
      obligation will continue even though the Grantee’s service to the Company may have terminated.  This Section 8.5 shall apply in addition to, and not in derogation of any other confidentiality agreements that may exist, now or in the future, between
      the Grantee and the Company.

     

    8.6   Breach of Covenants. In the event of a breach of any of the covenants contained in this
      Section 8: (a) any unvested portion of the RSUs shall be forfeited effective as of the date of such breach, unless sooner terminated by operation of another term or condition of this RSU Award Agreement or the Plan; and (b) the Grantee hereby
      consents and agrees that the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction,
      without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or security.  The aforementioned equitable relief shall be in addition to, not in lieu of,
      legal remedies, monetary damages or other available forms of relief.

     

    
      4

      
        
 

    

    
      Time-Based RSU Award Agreement

    

     

    Section 9.   Compliance with Law.  The issuance and transfer of Shares
      shall be subject to compliance by the Company and the Grantee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company’s Shares may be listed. No Shares
      shall be issued with respect to the RSUs unless and until any then applicable requirements of state or federal laws and regulatory agencies have been fully complied with to the satisfaction of the Company and its counsel. The Grantee understands that
      the Company is under no obligation to register the Shares with the Securities and Exchange Commission, any state securities commission, or any stock exchange to effect such compliance.

     

    Section 10.   Notices.  Any notice required to be delivered to the
      Company under this RSU Award Agreement shall be in writing and addressed to the General Counsel and Corporate Secretary of the Company at the Company’s principal corporate office.  Any notice required to be delivered to the Grantee under this RSU
      Award Agreement shall be in writing and addressed to the Grantee at the Grantee’s address as shown in the records of the Company.  Either party may designate another address in writing (or such other method approved by the Company) from time to time.

     

    Section 11.   Governing Law.  This RSU Award Agreement will be
      construed and interpreted in accordance with the laws of the State of Kansas without regard to conflict of law principles.

     

    Section 12.   Adjustments.  If any change is made to the outstanding
      Stock or capital structure of the Company, if required, the RSUs shall be adjusted or terminated in any manner as contemplated by the Plan.

     

    Section 13.   Amendment.  This RSU Award Agreement may be amended in a
      manner that is materially adverse to the Grantee only by a writing executed by the parties hereto which specifically states that it is amending this RSU Award Agreement.

     

    Section 14.   Clawback Policy.  The RSUs may be subject to certain
      provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”) or any other compensation clawback policy that is adopted by the Committee and that will require the Company to be able to claw back compensation paid
      to its executives under certain circumstances. Grantee acknowledges that the RSUs may be clawed back by the Company in accordance with any policies and procedures adopted by the Committee in order to comply with Dodd Frank or as set forth in this RSU
      Award Agreement.

     

    Section 15.   Interpretation.  Any dispute regarding the interpretation
      of this RSU Award Agreement shall be submitted by the Grantee or the Company to the Committee for review.  The resolution of such dispute by the Committee shall be final and binding on the Grantee and the Company.

     

    
      5

      
        
 

    

    
      Time-Based RSU Award Agreement

    

     

    Section 16.   Titles.  Titles are provided herein for convenience only
      and are not to serve as a basis for interpretation or construction of this RSU Award Agreement.

     

    Section 17.   Section 409A Compliance.   It is the intent of the
      Company that all payments made under this RSU Award Agreement will be exempt from Section 409A of the Code and the Treasury regulations and guidance issued thereunder (“Section 409A”) pursuant to the “short-term deferral” exemption. Notwithstanding
      any provision of the Plan or this RSU Award Agreement to the contrary, (i) this RSU Award Agreement shall not be amended in any manner that would cause any amounts payable hereunder that are not subject to Section 409A to become subject thereto
      (unless they also are in compliance therewith), and the provisions of any purported amendment that may reasonably be expected to result in such non-compliance shall be of no force or effect with respect to this RSU Award Agreement and (ii) the
      Company, to the extent it deems necessary or advisable in its sole discretion, reserves the right, but shall not be required, to unilaterally amend or modify this RSU Award Agreement to reflect the intention that the Plan qualifies for exemption from
      or complies with Section 409A in a manner that as closely as practicable achieves the original intent of this RSU Award Agreement and with the least reduction, if any, in overall benefit to a Grantee to comply with Section 409A on a timely basis,
      which may be made on a retroactive basis, in accordance with regulations and other guidance issued under Section 409A.  Neither the Company nor the Committee makes any representation that this RSU Award Agreement shall be exempt from or comply with
      Section 409A and makes no undertaking to preclude Section 409A from applying to this RSU Award Agreement.

     

    Section 18.   Successors and Assigns.  The Company may assign any of
      its rights under this RSU Award Agreement. This RSU Award Agreement will be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this RSU Award Agreement will be
      binding upon the Grantee and the Grantee’s beneficiaries, executors, administrators and the person(s) to whom the RSUs may be transferred by will or the laws of descent or distribution.

     

    Section 19.   Severability.  The invalidity or unenforceability of any
      provision of the Plan or this RSU Award Agreement shall not affect the validity or enforceability of any other provision of the Plan or this RSU Award Agreement, and each provision of the Plan and this RSU Award Agreement shall be severable and
      enforceable to the extent permitted by law.

     

    Section 20.   No Impact on Other Benefits. The value of the Grantee’s
      RSUs is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.

     

    Section 21.   Counterparts. This RSU Award Agreement may be executed in
      counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument. Counterpart signature pages to this RSU Award Agreement transmitted by facsimile transmission, by electronic mail in
      portable document format (.pdf), or by any other electronic means intended to preserve the original graphic and pictorial appearance of a document, will have the same effect as physical delivery of the paper document bearing an original signature.

     

    
      6

      
        
 

    

    
      Time-Based RSU Award Agreement

    

     

    Section 22.   Acceptance.  The Grantee hereby acknowledges receipt of a
      copy of the Plan and this Agreement. The Grantee has read and understands the terms and provisions thereof, and accepts the RSUs subject to all of the terms and conditions of the Plan and this RSU Award Agreement.

     

    Section 23.   Entire Agreement and Binding Effect.  This RSU Award
      Agreement and the Plan constitute the entire contract between the parties hereto with regard to the subject matter hereof.  They supersede any other agreements, representations or understandings (whether oral or written and whether express or
      implied) that relate to the subject matter hereof.  Except as expressly stated herein to the contrary, this RSU Award Agreement will be binding upon and inure to the benefit of the respective heirs, legal representatives, successors and assigns of
      the parties hereto.

     

    [Signature Page Follows]

     

    
      7

      
        
 

    

    
      Time-Based RSU Award Agreement

    

     

    The parties to this RSU Award Agreement have executed this RSU Award Agreement as of the date provided in the preamble to this agreement.

     

    	
            CROSSFIRST BANKSHARES, INC.

             

          
	
            By: _____________________

             

            Name:___________________

             

            Title:____________________

             

          
	
            [GRANTEE NAME]

             

          
	
            By: _____________________

             

            Name:___________________

          

     

    8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00297-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00297-of-00352.parquet"}]]