Document:

EX-10.2

 Exhibit 10.2 
 AMENDMENT NO. 1 
 TO 

FIRST NBC BANK HOLDING COMPANY 
 STOCK INCENTIVE PLAN 
 First NBC Bank Holding Company, a Louisiana
corporation, hereby adopts this Amendment No. 1 to the First NBC Bank Holding Company Stock Incentive Plan (the “Plan”). 
 1. Section 1 of the Plan shall be amended to read in its entirety as follows: 
 Section 1. Shares Subject to the Plan. 
 Subject to Section 4.4
hereof, the shares of common stock (the “Stock”) with respect to which options or restricted stock awards (an “Incentive”) may be granted subsequent to May 19, 2006 may not exceed 600,000 shares during the Plan’s
effectiveness. If an Incentive expires or is terminated or cancelled as to any shares of Stock, such shares may again be issued. The Board may also cancel stock options in order to grant new stock options to the same participant at a lower price
than those cancelled. Shares may be authorized and unissued shares or treasury shares. The above limit on the maximum shares covered by the Plan shall not include the restricted stock awards for 460,000 shares which were granted by the predecessor,
First Commerce Corporation, of First NBC Bank Holding Company on August 2, 2005 in connection with the commitment made by First Commerce Corporation to attract its President and Chief Executive Officer and its Executive Vice President to lead
and execute its organizational activities to charter First NBC Bank, hire a management team and organize operations so as to build an effective banking organization. 
 For so long as the United States Treasury owns shares of the Company’s preferred stock, the provisions of this plan shall be superseded by the laws and regulations governing the TARP program with
respect to any Incentive awarded under this plan to an officer of the Company whose compensation is limited by federal laws and regulations under the TARP program. 
 2. Section 4.8 of the Plan shall be amended to read in its entirety as follows: 
 Section 4.8. Amendment to Plan. The Board may amend or discontinue the Plan at any time; provided, however, that no such amendment or discontinuance shall change or impair, without the consent
of the recipient, an Incentive previously granted. Amendments to the Plan not requiring shareholder approval shall become effective when adopted by the Board; amendments requiring shareholder approval shall become effective when adopted by the
Board, but no Incentive granted after the date of such amendment shall become exercisable (to the extent that such amendment to the Plan was required to enable the Company to grant such Incentive to a particular person) unless and until such
amendment shall have been approved by the Company’s shareholders.  

 * * * * 
 I hereby certify that the foregoing amendment to the Plan was duly adopted by the Board of Directors of First NBC Bank Holding Company on May 27, 2010. 

Executed on this 27th day of May, 2010. 
  

	
	First UBC Bank Holding Company
	
	/s/ Ashton J. Ryan, Jr.
	Chairman of the Board

  
 2EX-10.3

 Exhibit 10.3 
 Exhibit A 
 FIRST NBC BANK HOLDING COMPANY 

STOCK INCENTIVE PLAN 
 ADDENDUM 
 (DIRECTORS’ SHARES) 

THIS ADDENDUM was adopted by the Board of Directors of First NBC Bank Holding Company, a corporation organized and existing under
the laws of the State of Louisiana (the “Company”) (the “Board”), on February 16, 2012, and is intended, effective as of January 1, 2012, to form a part of the Company’s Stock Incentive Plan (the “Plan”) and to
provide for the award of shares of the Company’s $1.00 par value common stock (the “Common Stock”) thereunder, as more fully provided herein. 
 1. Purpose: This Addendum is intended to provide for the annual award of Common Stock to members of the Board (each a “Director”), which awards are intended to more fully align the
interests of each such Director with the interests of the shareholders of the Company. Awards hereunder shall be deemed made in accordance with the terms of the Plan and shall reduce the number of shares of Common Stock otherwise available for grant
or award under the Plan as provided therein. The terms of the Plan shall be deemed incorporated herein by this reference. To the extent the terms of this Addendum are inconsistent with the terms of the Plan, the terms of this Addendum shall govern.

 2. Election: A Director may elect annually to receive the entirety of his or her dollar denominated board
meeting fees (“Fees”) in the form of cash, or to receive a portion of his or her Fees in the form of cash and the remainder in the form of Common Stock as provided in Paragraph 3 hereof (an “Electing Director”); provided
that any such election shall be made and delivered at the time, in the manner, and subject to the terms and conditions prescribed by the Company and, once made and delivered to the Company, shall be deemed irrevocable for the Company’s
fiscal year with respect to which it relates (an “Annual Election”). 
 3. Award: An Electing Director
shall receive annually shares of Common Stock, subject to the following: 
  

	 	a.	Common Stock shall be issued to each Electing Director (“Directors’ Shares”) as of the last business day of the calendar month in which each such
Director’s Annual Election is delivered, in the number determined by dividing the per share Fair Market Value of Common Stock (as determined in accordance with Section 4.10 of the Plan) by one-half of such Director’s Fees otherwise
anticipated to be payable during the Company’s fiscal year. Any fractional share determined hereunder shall be rounded up to the nearest whole integer. 

 

	 	b.	Directors’ Shares may be certificated and delivered to each Electing Director or such shares may be issued in book entry form, as directed by each Electing
Director and shall bear such legends as the Company deems necessary or appropriate. 

  

	 	4.	General: 

  

	 	a.	This Addendum may be amended in the discretion of the Board; provided that no such amendment shall reduce the number of Directors’ Shares then awarded
hereunder or otherwise impair the terms and conditions applicable to an award previously made. 

  

	 	b.	This Addendum shall be interpreted and construed in accordance with the laws of the State of Louisiana, applicable to contracts made to be performed wholly within such
state, without regard to the choice of law provisions thereof. 

 Exhibit A 
  

	 	c.	Awards under this Addendum shall inure to the benefit of and be binding upon the Company, its successors and assigns. This Addendum shall inure to the benefit of and be
binding upon each Director, his or her heirs, estate, legatees and legal representatives. 

  

	 	d.	This Addendum constitutes the entire understanding and agreement among the parties hereto with respect to the subject matter hereof, and there are no other agreements,
understandings, restrictions, representations or warranties among the parties other than those set forth. 

THIS ADDENDUM was adopted by the Board of Directors of First NBC Bank Holding Company on February 16, 2012, to be effective as
provided herein. 
  

	
	First NBC Bank Holding Company
	
	/s/ Ashton J. Ryan, Jr.
	Chairman of the BoardEX-10.4

 Exhibit 10.4 
 FIRST NBC BANK HOLDING COMPANY 
 STOCK INCENTIVE PLAN 

2012 AMENDMENT 
 Whereas, First NBC Bank Holding Company, a corporation organized and existing under the laws of the State of Louisiana (the “Company”), maintains a Stock Incentive Plan, which plan
provides for the grant and award of incentive compensation related to the Company’s $1.00 per share par value common stock (“Common Stock”) and was first effective as of August 2, 2005, as the same has been amended from time to
time (the “Plan”); 
 Whereas, the Company has now determined that the Plan should be amended and
Section 4.8 of the Plan permits such amendment; 
 Now, Therefore, the Plan shall be amended as follows, such
amendment to be effective upon its approval by a majority of the Company’s shareholders. 
 1. The following paragraph shall
be added to Section 1 of the Plan, entitled “Shares Subject to the Plan” to read in its entirety as follows: 

“Notwithstanding the preceding paragraph, an additional 418,000 shares of Common Stock shall be added to the Plan and available for
grants and awards thereunder. The number of shares available for grant, award, transfer, issuance or other payment under the Plan shall be adjusted as follows: (a) reduced by the number of shares actually granted, awarded, transferred or issued
hereunder; (b) increased by the number of shares covered by grants and awards that are not earned or that are cancelled, forfeited, terminated, expired or otherwise lapse for any reason; and (c) increased by the number of shares of Common
Stock tendered in consideration of the payment of the exercise price of an Option or applicable taxes as provided herein.” 

2. The following provisions shall be added to Section 2.6 of the Plan, concerning incentive stock options, to read in their entirety
to read as follows: 
  

	 	“(e)	From and after the effective date of this 2012 Amendment, an aggregate of 418,000 shares of Common Stock may be granted in the form of Incentive Stock Options
hereunder. 

  

	 	(f)	In no event shall a non-employee member of the Board of Directors of the Company be granted an ISO hereunder. 

 

	 	(g)	If and to the extent an Option intended to be an ISO shall fail to satisfy the requirements of Code Section 422, whether at the time of grant or thereafter, such
Option shall remain outstanding in accordance with its terms and shall be recharacterized as a nonqualified stock option hereunder.” 

 3. Section 4.6 of the Plan, entitled “Withholding,” shall be amended and restated in its entirety as follows: 
 “4.6 Withholding. The Company shall have the right to withhold from any payment or distribution made hereunder, or to collect as a condition of any such payment or distribution, any taxes
required by law to be withheld. Unless otherwise provided in an Incentive Agreement, this obligation may be satisfied by a common law employee, in 

 
whole or in part, by directing the Company to withhold from any payment or distribution shares of Common Stock having a Fair Market Value equal to the amount required to be withheld, determined
as income at a rate not in excess of the aggregate of the Federal income tax rate then applicable to supplemental wage payments, the then applicable employment tax rates, and the maximum marginal state income tax rate.” 

4. The text of Section 4.1 of the Plan, entitled “Duration,” shall be removed and that section marked
“Reserved”; Section 4.8 of the Plan, entitled “Amendment of the Plan,” shall be amended and restated in its entirety as follows: 
 “4.8 Duration, Amendment and Termination. This Plan commenced on August 2, 2005, its ‘Initial Effective Date’ and shall remain in effect until: (a) all incentives granted
or awarded hereunder have been satisfied by the issuance of shares of Common Stock or cash payments or a combination thereof, or such incentives have expired, otherwise terminated or forfeited; or (b) restrictions or other performance
objectives imposed on shares of Common Stock have been satisfied or lapsed. No incentive shall be granted or awarded hereunder ten years after the Initial Effective Date. 
 The Board of Directors may amend or terminate this Plan at any time; any such action may be taken without the approval of the Company’s shareholders, but only to the extent that: (a) shareholder
approval is not required under applicable Federal or state law, regulation or stock exchange rules; and (b) such amendment does not increase the number of Shares of Common Stock available for grant, award or issuance hereunder. 

The Board or a designated committee of the Board, as the case may be, shall possess the authority to amend the terms of any individual
incentive granted or awarded hereunder; provided, however, that no such amendment shall materially impair the terms of any such incentive without the consent of the holder thereof and no such amendment shall: (a) reduce the exercise
price of an Option; or (b) cancel or exchange an outstanding Option for cash, another incentive or for other Options with a lesser exercise price, except to the extent such action is contemplated under Section 4.4 hereof in connection with
a corporate transaction involving the Company.” 
 5. Section 4.10 of the Plan, entitled “Definition of Fair
Market Value,” shall be amended and restated in its entirety as follows: 
 “Section 4.10 Definition of Fair Market
Value. As used in this Plan the term ‘Fair Market 
 Value’ means the closing sales price of a share of Common
Stock as quoted on a national securities exchange or other recognized system of reporting as of the date specified herein; if no Common Stock is traded on such date, then Fair Market Value shall be determined as of the immediately preceding date on
which Common Stock last traded on such national securities exchange or other recognized system of reporting. If Common Stock is not traded on any such national securities exchange or system of reporting, then Fair Market Value shall be determined by
the Board or its designee in accordance with the provisions of Code Section 409A.” 
 6. The text of
Section 4.11, entitled “Loans,” shall be removed, and that section marked “Reserved.” 
 7.
Section 4.12 shall be added to the Plan to read in its entirety as follows: 

 “Section 4.12 Choice of Law. This Plan, including any agreement or form related
thereto, shall be interpreted, construed and governed by the internal laws of the State of Louisiana, without regard to the conflicts of law provisions thereof.” 
 8. Section 4.13 shall be added to the Plan to read in its entirety as follows: 

“Section 4.13 Participation. Common law employees of the Company and its affiliates shall be eligible to participate in this
Plan, when designated by the Board of Directors or a committee thereof. Non-employee members of the Company’s Board of Directors shall also be eligible to participate in this Plan, subject to the terms and conditions set forth in that certain
Addendum to the Plan approved by the Board of Directors on February 16, 2012. For purposes of this Section 4.13, the term ‘affiliate’ shall mean First NBC Bank and any other corporation or other form of entity of which the
Company owns, from time to time, directly or indirectly, at least 50% of the total combined voting power of all classes of stock or other equity interests.” 
 This 2012 Amendment was adopted by the Board of Directors of the Company on May 3, 2012, to be effective upon its approval by the shareholders of the Company as provided herein. 

 

	
	First NBC Bank Holding Company
	
	/s/ Ashton J. Ryan, Jr.
	Chairman of the Board

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00215-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00215-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00215-of-00352.parquet"}]]