Common use of Option Grant and Exercise Period Clause in Contracts

Option Grant and Exercise Period. The Corporation hereby grants to the Optionee an Incentive Stock Option ("Option") to purchase, pursuant to the Community Financial Corporation 2003 Stock Option and Incentive Plan, as the same may be amended from time to time (the "Plan"), and upon the terms and conditions therein and hereinafter set forth, an aggregate of _____ shares (the "Option Shares") of the common stock of the Corporation ("Common Stock") at the price of $_____ per share (the "Exercise Price"). A copy of the Plan, as currently in effect, is incorporated herein by reference and is attached to this Award Agreement. This Option shall be exercisable only during the period (the "Exercise Period") commencing on the dates set forth in Section 2 below, and ending at 5:00 p.m., Staunton, Virginia time, on the date ten years after the Grant Date, such later time and date being hereinafter referred to as the "Expiration Date," subject to earlier expiration in accordance with Section 5 in the event of a Termination of Service. The aggregate Market Value (as determined on the Grant Date) of the Option Shares with respect to which Incentive Stock Options are exercisable for the first time by the Optionee in any calendar year shall not exceed One Hundred Thousand Dollars ($100,000.00). To the extent that this Option does not qualify as an Incentive Stock Option for any reason, it shall be deemed ab initio to be a Non-Qualified Stock Option.

Option Grant and Exercise Period. The Corporation hereby grants to the Optionee an Incentive Stock Option ("Option") to purchase, pursuant to the Citizens Community Financial Corporation 2003 Bancorp 2004 Stock Option and Incentive Plan, as the same may be amended from time to time (the "Plan"Plann), and upon the terms and conditions therein and hereinafter set forth, an aggregate of _____ shares (the "Option Shares") of the common stock of the Corporation ("Common Stock") at the price of $_____ $ per share (the "Exercise Price"). A copy of the Plan, as currently in effect, is incorporated herein by reference and is attached to this Award Agreement. This Option shall be exercisable only during the period (the "Exercise Period") commencing on the dates set forth in Section 2 below, and ending at 5:00 p.m., StauntonEau Claire, Virginia Wisconsin time, on the date ten years after the Grant Date, such later time and date being hereinafter referred to as the "Expiration Date," subject to earlier expiration in accordance with Section 5 in the event of a Termination of Service. The aggregate Market Value (as determined on the Grant Date) of the Option Shares with respect to which Incentive Stock Options are exercisable for the first time by the Optionee in any calendar year shall not exceed One Hundred Thousand Dollars ($100,000.00). To the extent that this Option does not qualify as an Incentive Stock Option for any reason, it shall be deemed ab initio to be a Non-Qualified Stock Option.

Option Grant and Exercise Period. The Corporation hereby grants to the Optionee an Incentive Stock Option ("Option") to purchase, pursuant to the Community Financial Corporation Great Southern Bancorp, Inc. 2003 Stock Option and Incentive Plan, as the same may be amended from time to time (the "Plan"), and upon the terms and conditions therein and hereinafter set forth, an aggregate of _____ ______shares (the "Option Shares") of the common stock of the Corporation ("Common Stock") at the price of $_____ per share (the "Exercise Price"). A copy of the Plan, as currently in effect, is incorporated herein by reference and is attached to this Award Agreement. This Option shall be exercisable only during the period (the "Exercise Period") commencing on the dates set forth in Section 2 below, and ending at 5:00 p.m., StauntonSpringfield, Virginia Missouri time, on the date ten years after the Grant Date, such later time and date being hereinafter referred to as the "Expiration Date," subject to earlier expiration in accordance with Section 5 in the event of a Termination termination of Continuous Service. The aggregate Market Value (as determined on the Grant Date) of the Option Shares with respect to which Incentive Stock Options are exercisable for the first time by the Optionee in any calendar year shall not exceed One Hundred Thousand Dollars ($100,000.00). To the extent that this Option does not qualify as an Incentive Stock Option for any reason, it shall be deemed ab initio to be a Non-Qualified Stock Option.

Option Grant and Exercise Period. The Corporation hereby here­by grants to the Optionee an Incentive Stock Option ("“Option"”) to purchase, pursuant to the Community Financial Corporation 2003 First Bancshares, Inc. 2004 Stock Option and Incentive Plan, as the same may be amended from time to time (the "“Plan"”), and upon the terms and conditions therein and hereinafter set forth, an aggregate of _______ shares (the "“Option Shares"”) of the common stock of the Corporation ("Common Stock"“Share” or “Shares”) at the price of $______ per share Share (the "“Exercise Price"”). A copy of the Plan, as currently in effect, is incorporated herein by reference and is attached to this Award Agreement. This Except as provided in Sections 8 and 9 below, this Option shall be exercisable only during the period (the "“Exercise Period"”) commencing on the dates set forth in Section 2 below, and ending at 5:00 p.m., StauntonMountain Grove, Virginia Missouri time, on the date ten years after the Grant Date, such later time and date being hereinafter referred to as the "“Expiration Date," ” subject to earlier expiration in accordance with Section 5 in the event of a Termination of Service. The aggregate Market Value (as determined on the Grant Date) of the Option Shares with respect to which Incentive Stock Options are exercisable for the first time by the Optionee in any calendar year shall not exceed One Hundred Thousand Dollars ($100,000.00). To the extent that this Option does not qualify as an Incentive Stock Option for any reason, it shall be deemed ab initio to be a Non-Qualified Stock Option.

Option Grant and Exercise Period. The Corporation hereby grants to the Optionee an Incentive Stock Option ("Option") to purchase, pursuant to the Community Capitol Federal Financial Corporation 2003 2000 Stock Option and Incentive Plan, as the same may be amended from time to time (the "Plan"), and upon the terms and conditions therein and hereinafter set forth, an aggregate of _____ shares (the "Option Shares") of the common stock of the Corporation ("Common StockShare" or "Shares") at the price of $_____ per share Share (the "Exercise Price"). A copy of the Plan, as currently in effect, is incorporated herein by reference and is attached to this Award Agreement. This Option shall be exercisable only during the period (the "Exercise Period") commencing on the dates set forth in Section 2 below, and ending at 5:00 p.m., StauntonTopeka, Virginia Kansas time, on the date ten years after the Grant Date, such later time and date being hereinafter referred to as the "Expiration Date," subject to earlier expiration in accordance with Section 5 in the event of a Termination of Service. The aggregate Market Value (as determined on the Grant Date) of the Option Shares with respect to which Incentive Stock Options are exercisable for the first time by the Optionee in any calendar year shall not exceed One Hundred Thousand Dollars ($100,000.00). To the extent that this Option does not qualify as an Incentive Stock Option for any reason, it shall be deemed ab initio to be a Non-Qualified Stock Option.

Option Grant and Exercise Period. The Corporation hereby grants to the Optionee an Incentive Stock Option ("Option") to purchase, pursuant to the Community Financial Central Bank Corporation 2003 Stock Option and 2002 Incentive Plan, as the same may be amended from time to time (the "Plan"), and upon the terms and conditions therein and hereinafter set forth, an aggregate of _______ shares (the "Option Shares") of the common stock of the Corporation ("Common Stock") at the price of $_____ per share (the "Exercise Price"). A copy of the Plan, as currently in effect, is incorporated herein by reference and is attached to this Award Agreement. Capitalized terms not defined in this Award Agreement shall have the meaning ascribed to them in the Plan. This Option shall be exercisable only during the period (the "Exercise Period") commencing on the date or dates set forth in Section 2 below, and ending at 5:00 p.m., StauntonMt. Xxxxxxx, Virginia Michigan time, on the date ten years after the Grant Date, such later time and date being hereinafter referred to as the "Expiration Date," subject to earlier expiration in accordance with Section 5 in the event of a Termination of Service. The aggregate Fair Market Value (as determined on the Grant Date) of the Option Shares with respect to which Incentive Stock Options are exercisable for the first time by the Optionee in any calendar year shall not exceed One Hundred Thousand Dollars ($100,000.00). To the extent that this Option does not qualify as an Incentive Stock Option for any reason, it shall be deemed ab initio to be a Non-Qualified Stock Nonqualified Option.

Option Grant and Exercise Period. The Corporation hereby grants to the Optionee an Incentive a Non-Qualified Stock Option (the "Option") to purchase, pursuant to the Community Financial Corporation 2003 Corporation's 2005 Re-Designated, Amended and Restated Stock Option and Incentive PlanPlan for Non-Employee Directors, as the same may be amended from time to time amended (the "Plan"), and upon the terms and conditions therein and hereinafter set forth, an aggregate of ______ shares (the "Option Shares") of the common stock of the Corporation Common Stock, par value $.01 per share ("Common Stock") ), of the Corporation at the price (the "Exercise Price") of $______ per share (the "Exercise Price")share. A copy of the Plan, as currently in effect, is incorporated herein by reference and is attached hereto. Capitalized terms used but not defined in this Agreement shall have the meanings assigned to this Award Agreementthem in the Plan. This Option shall be exercisable only during the period (the "Exercise Period") commencing on the dates set forth in Section 2 below, below and ending at 5:00 p.m., StauntonLa Jolla, Virginia California time, on the date ten years after the Grant Date, such later time and date being hereinafter referred to as the "Expiration Date," subject to earlier expiration in accordance with Section 5 below. Except as provided in the event of a Termination of Service. The aggregate Market Value (as determined on the Grant Date) of the Option Shares with respect to which Incentive Stock Options are exercisable for the first time by the Optionee in any calendar year shall not exceed One Hundred Thousand Dollars ($100,000.00). To the extent that Section 7 below, this Option does not qualify as an Incentive Stock shall vest and become exercisable according to the following schedule: Date of Vesting Amount of Award Vested During the Exercise Period, only the vested portion of this Option for any reason, it shall be deemed ab initio exercisable in whole at any time or in part from time to be a Non-Qualified Stock Optiontime subject to the provisions of this Agreement.