Effective on the Date of Grant listed above, you have been granted an Award of Restricted Stock Units (“RSUs”) under the
SVB Financial Group 2006 Equity Incentive Plan (the “Plan”).
RSUs in each period will vest in increments on the dates shown in the Vesting Schedule (“Vesting Dates”), subject to the
Participant continuing to be a Service Provider through each such date.
Unless otherwise defined herein or in the Award Agreement, capitalized terms herein or in the Award Agreement will have
the defined meanings ascribed to them in the Plan.
SVB FINANCIAL GROUP
RESTRICTED STOCK UNIT AWARD AGREEMENT
1. Grant . The Company hereby grants to the Participant under the Plan an Award of the number of RSUs set forth on the
first page, subject to all of the terms and conditions in this Award Agreement and the Plan.
2. Company’s Obligation to Pay . Each RSU represents the right to receive a cash payment equivalent to the value of a
share of Common Stock (“Share”) on the date it becomes vested. Unless and until the RSUs will have vested in the manner set
forth in Sections 3 and 4, the Participant will have no right to payment in connection with any RSUs. Prior to actual payment of
any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general
assets of the Company.
3. Vesting Schedule . Subject to Section 4, the RSUs awarded by this Agreement will vest in the Participant according to
the vesting schedule set forth on the attached Restricted Stock Unit Agreement, subject to the Participant continuing to be a
Service Provider through each such date.
4. Forfeiture upon Termination of Status as a Service Provider . Notwithstanding any contrary provision of this Agreement,
and subject to all Applicable Laws, if the Participant ceases to be a Service Provider for any or no reason, the then-unvested
RSUs awarded by this Award Agreement will thereupon be forfeited at no cost to the Company and the P