Lakeland Financial Corporation (NASDAQ: LKFN) announced updates to its equity incentive plan with new agreements for restricted stock unit (RSU) and performance-based stock unit (PSU) awards. The RSU Agreement grants awards that vest based on continued service, while the PSU Agreement grants awards that vest based on achieving specific performance measures over a set period. These agreements will be used for future awards under the company’s 2017 Amended and Restated Equity Incentive Plan. The full texts of the agreements were filed as exhibits to the company's Form 8-K.