SYNOVUS FINANCIAL CORP.
EXECUTIVE BONUS PLAN
OBJECTIVE OF THE PLAN
The purposes of this Synovus Financial Corp. Executive Bonus Plan
("Plan") to reward selected officers of Synovus Financial Corp. (the "Company")
and certain of its subsidiaries ("Subsidiaries") for superior corporate performance measured by achievement of
financial performance and strategic corporate objectives and to attract and retain top quality officers.
This Plan is administered by the Compensation Committee (the "Committee") of the Company's Board of
Directors (the "Board"), with the approval, as to matters involving employees of any publicly-traded Subsidiary of
the Company, of the compensation committee of such publicly-traded Subsidiary. The Committee (and the
compensation committee of any publicly-traded Subsidiary of the Company) shall be composed of two or more
outside directors as defined in
Section 162(m) of the Internal Revenue Code of 1986, as amended ("Code").
Participation is limited to the Chief Executive Officer and the four highest compensated officers of the Company
and any publicly-traded Subsidiary of the Company as selected from year-to-year by the members of the
Each fiscal year, the Committee shall establish
(i) performance objectives for such and/or the succeeding fiscal year for the Company, any Subsidiary, or any
business segment or business unit of the Company or any Subsidiary, based upon such criteria as may be from
time to time considered by the Committee, which criteria may include, not to the exclusion of other criteria,
criteria that has been approved by the shareholders of the Company or the shareholders of any publicly-traded
Subsidiary of the Company; and
(ii) a system which equates the attainment of various performance objectives by the Company and Subsidiaries
for such and/or the succeeding fiscal year into various perc