Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Section 421 of the Internal Revenue Code. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option is exercised more than three months following Termination of Service (except in the case of Termination of Service due to Disability). In order to obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s death must have occurred while the Participant was employed or within three months of the Participant’s Termination of Service.
Appears in 11 contracts
Samples: Incentive Stock Option Award Agreement (Kearny Financial Corp.), Incentive Stock Option Award Agreement (First Savings Financial Group, Inc.), Stock Option Agreement (FFBW, Inc. /MD/)
Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Section 421 of the Internal Revenue Code. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option is exercised more than three months following Termination of Service (except in the case of Termination of Service due to Disability). In order to obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s death must have occurred while the Participant was employed or within three months of the Participant’s Termination of Service.
Appears in 4 contracts
Samples: Stock Option Agreement (Equitable Financial Corp.), Stock Option Agreement (AJS Bancorp, Inc.), Stock Option Agreement (Charter Financial Corp)
Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Section 421 of the Internal Revenue Code. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option is exercised more than three months following Termination termination of Service employment (except in the case of Termination termination of Service employment due to Disability). In order to obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s death must have occurred while the Participant was employed or within three months of the Participant’s Termination termination of Serviceemployment.
Appears in 3 contracts
Samples: Stock Option Agreement (Northfield Bancorp, Inc.), Stock Option Agreement (Northfield Bancorp, Inc.), Stock Option Agreement (Northfield Bancorp, Inc.)
Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Section 421 of the Internal Revenue Code. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option is exercised more than three months following Termination of Service (except in the case of Termination of Service due to Disability). In order to To obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s death must have occurred while the Participant was employed or within three months of the Participant’s Termination of Service.
Appears in 3 contracts
Samples: Incentive Stock Option Award Agreement (Pathfinder Bancorp, Inc.), Incentive Stock Option Award Agreement (Esquire Financial Holdings, Inc.), Incentive Stock Option Award Agreement (First Seacoast Bancorp, Inc.)
Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Code Section 421 of the Internal Revenue Code421. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option is exercised more than three (3) months following Termination of Service (except in the case of Termination of Service due to death or Disability). In order to obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s death must have occurred while the Participant was employed or within three (3) months of the Participant’s Termination of Service.
Appears in 3 contracts
Samples: Incentive Stock Option Award Agreement (If Bancorp, Inc.), Incentive Stock Option Award Agreement (1895 Bancorp of Wisconsin, Inc. /MD/), Incentive Stock Option Agreement (Magyar Bancorp, Inc.)
Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Section 421 of the Internal Revenue Code. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option is exercised more than three months following Termination of Service (except in the case of Termination of Service due to death or Disability). In order to obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s death must have occurred while the Participant was employed or within three months of the Participant’s Termination of Service.
Appears in 1 contract
Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Section 421 of the Internal Revenue Code. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option is exercised more than three months following Termination of Service (except in the case of Termination of Service due to Disabilitydeath). In order to obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s death must have occurred while the Participant was employed or within three months of the Participant’s Termination of Service.
Appears in 1 contract
Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Section 421 of the Internal Revenue Code. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option Optopn is exercised more than three months following Termination of Service (except in the case of Termination of Service due to Disability). In order to obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s 's death must have occurred while the Participant was employed or within three months of the Participant’s Termination of Service.
Appears in 1 contract
Samples: Stock Option Agreement (Madison County Financial, Inc.)
Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Section 421 of the Internal Revenue Code. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option is exercised more than three months following Termination of Service (except in the case of Termination of Service due to Disability). In order to obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s death must have occurred while the Participant was employed or within three months of the Participant’s Termination of Service.
Appears in 1 contract
Samples: Incentive Stock Option Award Agreement (Energy Services of America CORP)
Incentive Option Treatment. The Incentive Stock Options granted hereunder are subject to the requirements of Code Section 421 of the Internal Revenue Code421. No Option will be eligible for treatment as an Incentive Stock Option in the event such Option is exercised more than three (3) months following Termination of Service (except in the case of Termination of Service due to Disability). In order to obtain Incentive Stock Option treatment for Options exercised by heirs or devisees of the Participant, the Participant’s death must have occurred while the Participant was employed or within three (3) months of the Participant’s Termination of Service.
Appears in 1 contract
Samples: Incentive Stock Option Award Agreement (Affinity Bancshares, Inc.)
