EX-10.6
from 10-K
30 pages
General Purpose. the Name of This Plan Is the Blue Ridge Bankshares, Inc. Equity Incentive Plan (The “Plan”). the Purposes of the Plan Are to (A) Enable Blue Ridge Bankshares, Inc., a Virginia Corporation (The “Company”), and Any Affiliate to Attract and Retain the Types of Employees, Consultants and Directors Who Will Contribute to the Company’s Long Range Success; (B) Provide Incentives That Align the Interests of Employees, Consultants and Directors With Those of the Shareholders of the Company; and (C) Promote the Success of the Company’s Business. 1.2 Eligible Award Recipients. the Persons Eligible to Receive Awards Are the Employees, Directors, and Community/Advisory Board Members of the Company and Its Affiliates. 1.3 Available Awards. Awards That May Be Granted Under the Plan Include: (A) Incentive Stock Options, (B) Non-Qualified Stock Options, (C) Stock Appreciation Rights, (D) Restricted Awards, (E) Performance Share Awards, and (F) Performance Compensation Awards. 2. Definitions. “Affiliate” Means a Corporation or Other Entity That, Directly or Through One or More Intermediaries, Controls, Is Controlled by or Is Under Common Control With, the Company
12/34/56