Common use of Option Grant and Exercise Period Clause in Contracts

Option Grant and Exercise Period. The Company hereby grants to the Optionee an Option (the "Option") to purchase, pursuant to the Southern Missouri Bancorp, Inc. 2017 Omnibus Incentive Plan (as the same may from time to time be 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, par value $.01 per share ("Common Stock"), of the Company at the price (the "Exercise Price") of $____ per share. A copy of the Plan, as currently in effect, is incorporated herein by reference, and either is attached hereto or has been delivered previously to the Optionee. Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Plan. Except as set forth in Section 5 below or Section 8 below, this Option shall be exercisable only during the period (the "Exercise Period") commencing on [ ] and ending at 5:00 p.m., Central time, on [ ], such later time and date being hereinafter referred to as the "Expiration Date." Subject to Sections 5 and 8 below, this Option shall vest and become exercisable according to the following schedule: Vesting Date Cumulative Percentage of Initial Award Vested During the Exercise Period, to the extent vested, this Option shall be exercisable in whole at any time or in part from time to time subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Southern Missouri Bancorp, Inc.)

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Option Grant and Exercise Period. The Company hereby grants to the Optionee an Option (the "Option") to purchase, pursuant to the Great Southern Missouri Bancorp, Inc. 2017 2018 Omnibus Incentive Plan (as the same may from time to time be 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, par value $.01 per share ("Common Stock"), of the Company at the price (the "Exercise Price") of $____ [•] per share. A copy of the Plan, as currently in effect, is incorporated herein by reference, and either is attached hereto or has been delivered previously to the Optionee. Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Plan. Except as set forth in Section 5 below or Section 8 below, this Option shall be exercisable only during the period (the "Exercise Period") commencing on [ [DATE] and ending at 5:00 p.m., Central time, on [ [DATE], such later time and date being hereinafter referred to as the "Expiration Date." Subject to Sections 5 and 8 below, this Option shall vest and become exercisable according to the following schedule: Vesting Date Cumulative Percentage of Initial Award Vested During the Exercise Period, to the extent vested, this Option shall be exercisable in whole at any time or in part from time to time subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Great Southern (Great Southern Bancorp, Inc.)

Option Grant and Exercise Period. The Company hereby grants to the Optionee an Option (the "Option") to purchase, pursuant to the Southern Missouri Bancorp, Inc. BayCom Corp Amended and Restated 2017 Omnibus Equity Incentive Plan (as the same may from time to time be amended, the "Plan"), and upon the terms and conditions therein and hereinafter set forth, an aggregate of ______ shares (the "Option Shares") of the Common Stockcommon stock, par value $.01 0.01 per share ("Common Stock"), of the Company at the price (the "Exercise Price") of $____ per share. A copy of the Plan, as currently in effect, is incorporated herein by reference, and either is attached hereto or has been delivered previously to the Optionee. Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Plan. Except as set forth in Section 5 below or Section 8 6 below, this Option shall be exercisable only during the period (the "Exercise Period") commencing on [ ] __________ and ending at 5:00 p.m., Central Pacific time, on [ ]_____________, such later time and date being hereinafter referred to as the "Expiration Date." Subject to Sections 5 and 8 6 below, this Option shall vest and become exercisable according to the following schedule: Vesting Date Cumulative Percentage of Initial Award Vested [Insert vesting schedule] During the Exercise Period, to the extent vested, this Option shall be exercisable in whole at any time or in part from time to time subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Baycom Corp (BayCom Corp)

Option Grant and Exercise Period. The Company Corporation hereby grants to the Optionee an a Non-Qualified Stock Option (the "Option") to purchase, pursuant to the Southern Missouri BancorpCorporation's 2005 Re-Designated, Inc. 2017 Omnibus Amended and Restated Employee Stock Incentive Plan (Plan, as the same may be from time to time be amended, 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, par value $.01 per share ("Common Stock"), of the Company Corporation at the price (the "Exercise Price") of $______ per share. A copy of the Plan, as currently in effect, is incorporated herein by reference, reference and either is attached hereto or has been delivered previously to the Optioneehereto. Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed assigned to them in the Plan. Except as set forth in Section 5 below or Section 8 below, this This Option shall be exercisable only during the period (the "Exercise Period") commencing on [ ] the dates set forth below and ending at 5:00 p.m., Central La Jolla, California time, on [ ]the date ten years after Grant Date, such later time and date being hereinafter referred to as the "Expiration Date.," Subject subject to Sections Section 5 and 8 below. Except as provided in Section 7 below, this Option shall vest and become exercisable according to the following schedule: Date of Vesting Date Cumulative Percentage Amount of Initial Award Vested During the Exercise Period, to only the extent vested, vested portion of this Option shall be exercisable in whole at any time or in part from time to time subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Itla Capital Corp)

Option Grant and Exercise Period. The Company hereby grants to the Optionee an Option (the "Option") to purchase, pursuant to the Southern Missouri BancorpLegacyTexas Financial Group, Inc. 2017 Omnibus Incentive Plan (as the same may from time to time be 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, par value $.01 per share ("Common Stock"), of the Company at the price (the "Exercise Price") of $____ per share. A copy of the Plan, as currently in effect, is incorporated herein by reference, and either is attached hereto or has been delivered previously to the Optionee. Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Plan. Except as set forth in Section 5 below or Section 8 below, this Option shall be exercisable only during the period (the "Exercise Period") commencing on [ ] and ending at 5:00 p.m., Central time, on [ ], such later time and date being hereinafter referred to as the "Expiration Date." Subject to Sections 5 and 8 below, this Option shall vest and become exercisable according to the following schedule: Vesting Date Cumulative Percentage of Initial Award Vested During the Exercise Period, to the extent vested, this Option shall be exercisable in whole at any time or in part from time to time subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Legacytexas Financial (LegacyTexas Financial Group, Inc.)

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Option Grant and Exercise Period. The Company hereby grants to the Optionee an Option (the "Option") to purchase, pursuant to the Southern Missouri BancorpMB Financial, Inc. 2017 Second Amended and Restated Omnibus Incentive Plan (as the same may from time to time be 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, par value $.01 per share ("Common Stock"), of the Company at the price (the "Exercise Price") of $____ per share. A copy of the Plan, as currently in effect, is incorporated herein by reference, and either is attached hereto or has been delivered previously to the Optionee. Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Plan. Except as set forth in Section 5 below or Section 8 below, this Option shall be exercisable only during the period (the "Exercise Period") commencing on [ ] and ending at 5:00 p.m., Central Chicago, Illinois time, on [ ], such later time and date being hereinafter referred to as the "Expiration Date." Subject to Sections 5 and 8 below, this Option shall vest and become exercisable according to the following schedule: Vesting Date Cumulative Percentage of Initial Award Vested During the Exercise Period, to the extent vested, this Option shall be exercisable in whole at any time or in part from time to time subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Mb Financial Inc /Md)

Option Grant and Exercise Period. The Company Corporation hereby grants to the Optionee an a Non-Qualified Stock Option (the "Option") to purchase, pursuant to the Southern Missouri BancorpCorporation's 2005 Re-Designated, Inc. 2017 Omnibus Incentive Amended and Restated Stock Option Plan (for Non-Employee Directors, as the same may be from time to time be amended, 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, par value $.01 per share ("Common Stock"), of the Company Corporation at the price (the "Exercise Price") of $______ per share. A copy of the Plan, as currently in effect, is incorporated herein by reference, reference and either is attached hereto or has been delivered previously to the Optioneehereto. Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed assigned to them in the Plan. Except as set forth in Section 5 below or Section 8 below, this This Option shall be exercisable only during the period (the "Exercise Period") commencing on [ ] the dates set forth below and ending at 5:00 p.m., Central La Jolla, California time, on [ ]the date ten years after Grant Date, such later time and date being hereinafter referred to as the "Expiration Date.," Subject subject to Sections Section 5 and 8 below. Except as provided in Section 7 below, this Option shall vest and become exercisable according to the following schedule: Date of Vesting Date Cumulative Percentage Amount of Initial Award Vested During the Exercise Period, to only the extent vested, vested portion of this Option shall be exercisable in whole at any time or in part from time to time subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Itla Capital Corp)

Option Grant and Exercise Period. The Company hereby grants to the Optionee an Option (the "Option") to purchase, pursuant to the Southern Missouri Bancorp, Inc. BayCom Corp Amended and Restated 2017 Omnibus Equity Incentive Plan (as the same may from time to time be amended, the "Plan"), and upon the terms and conditions therein and hereinafter set forth, an aggregate of ______ shares (the "Option Shares") of the Common Stockcommon stock, par value $.01 0.01 per share ("Common Stock"), of the Company at the price (the "Exercise Price") of $____ per share. A copy of the Plan, as currently in effect, is incorporated herein by reference, and either is attached hereto or has been delivered previously to the Optionee. Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Plan. Except as set forth in Section 5 below or Section 8 6 below, this Option shall be exercisable only during the period (the "Exercise Period") commencing on [ ] _________ and ending at 5:00 p.m., Central Pacific time, on [ ]______________, such later time and date being hereinafter referred to as the "Expiration Date." Subject to Sections 5 and 8 6 below, this Option shall vest and become exercisable according to the following schedule: Vesting Date Cumulative Percentage of Initial Award Vested During the Exercise Period, to the extent vested, this Option shall be exercisable in whole at any time or in part from time to time subject to the provisions of this Agreement.[Insert vesting schedule]

Appears in 1 contract

Samples: Baycom Corp (BayCom Corp)

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