Common use of Exercise of Option Conditioned on Approval Clause in Contracts

Exercise of Option Conditioned on Approval. Exercise of this option is conditioned upon approval of the plan by the shareholders of the Company in accordance with the requirements of the Superintendent of Banks of the State of California.

Appears in 4 contracts

Samples: Stock Option Agreement (Central Valley Community Bancorp), Stock Option Agreement (Central Valley Community Bancorp), Incentive Stock Option Agreement (Central Valley Community Bancorp)

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Exercise of Option Conditioned on Approval. Exercise of this option is conditioned upon approval of the plan Plan by the shareholders of the Company in accordance with the requirements of the Superintendent Commissioner of Banks Financial Institutions of the State of California.

Appears in 1 contract

Samples: Stock Option Plan (North Bay Bancorp/Ca)

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Exercise of Option Conditioned on Approval. Exercise of this option is conditioned upon approval of the plan Plan by the shareholders of the Company in accordance with the requirements of the Superintendent of Banks of the State of Californiaapplicable law and regulations.

Appears in 1 contract

Samples: Stock Option Plan (North Bay Bancorp/Ca)

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