SEC Contract Filing

Filing Date: 2017-08-04

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>rf-20170630xex103.htm
<DESCRIPTION>EXHIBIT 10.3
<TEXT>
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<div><a name="s8e8b9d9d1696497d9074165cf29aaaab"></a></div><div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">EXHIBIT 10.3</font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">[NAME &amp; ADDRESS] &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;[DATE]</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Re:&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Notice of Grant for Restricted Stock Unit Award </font><font style="font-family:inherit;font-size:10pt;">[2017]</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dear _________________:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effective ______________________, you have been granted an award of Restricted Stock Units over ___________ shares of Stock (the &#8220;Award&#8221;) in accordance with the terms and conditions of the Regions Financial Corporation 2015 Long Term Incentive Plan (the &#8220;Plan&#8221;) and the attached Restricted Stock Unit Award Agreement (the &#8220;Award Agreement&#8221;). Capitalized terms not defined in this Notice of Grant are defined in the Plan or the Award Agreement. This document is the &#8220;Notice of Grant&#8221; referred to in the Award Agreement and is a part of the Award Agreement.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted To:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;______________________</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grant Date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;______________________</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Performance Threshold Measurement Periods:&#160;&#160;&#160;&#160;______________________</font></div><div style="line-height:120%;text-align:left;padding-left:48px;text-indent:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">______________________</font></div><div style="line-height:120%;text-align:left;padding-left:48px;text-indent:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">______________________</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Service Vesting Period:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;______________________</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Grant:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;______________________</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Subject to the terms and conditions of the Plan, the Award Agreement and this Notice of Grant, your satisfaction of the Service Vesting Period requirements and the Company&#8217;s achievement of the Capital and Liquidity Performance Thresholds specified below during each Performance Threshold Measurement Period (______________________ through ___________________, __________________ through ___________________, and ___________________ through ______________________), you will be entitled to a certain number of shares of Stock, with up to __________% of the shares of Stock at-risk of forfeiture. The number of shares of Stock to be delivered under this Award will be based upon the Company&#8217;s performance relative to the following Capital and Liquidity Performance Thresholds, as certified by the Committee: </font></div><div style="line-height:120%;text-align:justify;padding-left:48px;text-indent:-24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font