SEC Contract Filing

Filing Date: 2025-05-02

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>mcb-20250331xex10d1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<!--Enhanced HTML document created with Toppan Merrill Bridge 10.10.0.134--><!--Created on: 5/2/2025 07:22:47 PM (UTC)--><html><head><meta charset="UTF-8"><title></title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="margin-top:30pt;min-height:36pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:right;margin:0pt;"><b style="font-weight:bold;">Exhibit 10.1</b></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;line-height:1.19;text-align:center;margin:0pt 0pt 12pt 0pt;"><b style="font-family:'Times New Roman Bold';font-variant:small-caps;font-weight:bold;">Performance-Based Restricted Stock Unit Award Agreement</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:center;margin:0pt 0pt 12pt 0pt;">Granted by</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;line-height:1.19;text-align:center;margin:0pt 0pt 12pt 0pt;">METROPOLITAN BANK HOLDING CORP.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:center;margin:0pt 0pt 12pt 0pt;">under the</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;line-height:1.19;text-align:center;margin:0pt 0pt 12pt 0pt;">METROPOLITAN BANK HOLDING CORP.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;line-height:1.19;text-align:center;margin:0pt 0pt 12pt 0pt;">AMENDED AND RESTATED<br>2022 EQUITY INCENTIVE PLAN</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">This Performance-Based Restricted Stock Unit Award Agreement (&#8220;<b style="font-weight:bold;">Agreement</b>&#8221;) is and shall be subject in every respect to the provisions of the Amended and Restated 2022 Equity Incentive Plan (the &#8220;<b style="font-weight:bold;">Plan</b>&#8221;) of Metropolitan Bank Holding Corp, (the &#8220;<b style="font-weight:bold;">Company</b>&#8221;) which are incorporated herein by reference and made a part hereof, unless superseded by the provisions of this Agreement, including <b style="font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Exhibit&#160;A</b>. &#160;A copy of the Plan has been provided to each Participant granted a performance-based restricted stock unit award (the &#8220;<b style="font-weight:bold;">Performance Award</b>&#8221;) pursuant to the Plan. &#160;The holder of this Performance Award (the &#8220;<b style="font-weight:bold;">Participant</b>&#8221;) hereby accepts this Performance Award, subject to all the terms and provisions of the Plan, this Agreement and Exhibit&#160;A, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Compensation Committee (the &#8220;<b style="font-weight:bold;">Committee</b>&#8221;) of the Board of Directors of the Company (the &#8220;<b style="font-weight:bold;">Board</b>&#8221;) or the Board shall be final, binding and conclusive upon the Participant and the Participant&#8217;s heirs, legal representatives, successors and permitted assigns. &#160;Except where the context otherwise requires, the term &#8220;Company&#8221; shall include the parent and all present and future subsidiaries of the Company as defined in Section 424(e) and 424(f) of the Internal Revenue Code of 1986, as amended from time to time (the &#8220;<b style="font-weight:bold;">Code</b>&#8221;). &#160;Capitalized terms used herein but not defined shall have the same meaning as in the Plan.</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin-bottom:12pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="color:#010000;font-family:'Times New Roman','Times','serif';font-size:12pt;text-transform:none;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">1.</td><td style="padding:0pt;"><b style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:bold;">Name of Participant</b><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;">: </font><u style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</u><u style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;"><u style="display:inline-block;overflow:hidden;position:relative;text-align:justify;text-align-last:justify;text-decoration:underline;text-indent:0pt;vertical-align:bottom;white-space:normal;width:300.69pt;">&#8203; &#8203;<font style="display:inline-block;height:0pt;width:100%;"></font></u></u></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin-bottom:12pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="color:#010000;font-family:'Times New Roman','Times','serif';font-size:12pt;text-transform:none;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">2.</td><td style="padding:0pt;"><b style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:bol