FDIC Provisions. Optionee agrees and acknowledges that in accordance with FDIC regulations and guidelines, Optinee may be required to exercise or forfeit this Option if the Company's capital falls below minimum capital requirements.
Appears in 4 contracts
Samples: Stock Option Grant Agreement (Embassy Bancorp, Inc.), Stock Option Grant Agreement (Embassy Bancorp, Inc.), Stock Option Grant Agreement (Lobach David M Jr)
FDIC Provisions. Optionee agrees and acknowledges that in accordance with FDIC regulations and guidelines, Optinee may be required to exercise or forfeit this Option if the Company's capital falls below minimum capital requirements. .
Appears in 4 contracts
Samples: Stock Option Grant Agreement (Embassy Bancorp, Inc.), Stock Option Grant Agreement (Embassy Bancorp, Inc.), Stock Option Grant Agreement (Embassy Bancorp, Inc.)