SVB FINANCIAL GROUP
INCENTIVE COMPENSATION PLAN
Effective as of January 1, 2004
Amended as of December 21, 2005
The purpose of the SVB Financial Group Senior Management Incentive Compensation Plan is: (i) to
motivate, attract, reward and retain highly qualified executives who are important to the Company’s success, and
(ii) to provide competitive compensation incentives relating directly to the financial performance and long-term
growth of the Company.
(a) “ Affiliates ” means any parent corporation or subsidiary corporation, whether now or
hereafter existing, as those terms are defined in Sections 424(e) and (f) of the Code, respectively.
(b) “ Award ” means the cash dollar amount of incentive compensation payable to a Member under
the Plan for a Fiscal Year.
(c) “ Board ” means the Board of Directors of the Company.
(d) “ Code ” means the Internal Revenue Code of 1986, as amended.
(e) “ Committee ” means the Compensation Committee of the Board, or such other committee of
the Board that is designated by the Board to administer the Plan.
(f) “ Company ” means SVB Financial Group, a Delaware corporation, and its successors.
(g) “ Fiscal Year ” means the Company’s fiscal year ending December 31, 2004, and each
subsequent fiscal year thereafter.
(h) “ Guiding Principles ” means the fundamental principles, as may be set by the Company from
time to time, to which employees of the Company strive to adhere in the performance of their job duties.
(i) “ Member ” means a member of the Steerin