EXHIBIT 10.2
EX-10.2
FIRST AMENDMENT TO THE FIRST CAROLINA FINANCIAL SERVICES, INC. 2020 EQUITY INCENTIVE PLAN
WHEREAS, the Board of Directors of First Carolina Financial Services, Inc. (the “Company”) deems it to be in the best interests of the Company to amend, and has approved the amendment of, the First Carolina Financial Services, Inc. 2020 Equity Incentive Plan (the “Plan”) in order to increase the number of authorized, but unissued, shares of the Company’s common stock issuable for awards under the Plan, all as set forth in this First Amendment to the Company 2020 Equity Incentive Plan (this “Amendment”); and
WHEREAS, the Company’s shareholders approved this Amendment to the Plan at the Company’s 2023 annual meeting of shareholders;
NOW, THEREFORE, the Plan shall be amended as follows.
| 1. | The definition of “Plan Pool” under Article I of the Plan shall be deleted in its entirety and the following substituted in lieu thereof: |
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