Common use of Option Grant Clause in Contracts

Option Grant. You have been granted a NON-STATUTORY STOCK OPTION (referred to in this Agreement as your "Option"). Your Option is NOT intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 12 contracts

Samples: Restricted Stock Award Agreement (CNB Financial Corp.), Incentive Stock Option Award Agreement (Provident Community Bancshares, Inc.), Non Statutory Stock Option Award Agreement (Kentucky First Federal Bancorp)

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Option Grant. You have been granted a NONNon-STATUTORY STOCK OPTION Statutory Stock Option (referred to in this Agreement as your "Option"). Your Option is NOT not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 10 contracts

Samples: Non Statutory Stock Option Award Agreement (United Community Bancorp), Restricted Stock Award Agreement (Pulaski Financial Corp), Non Statutory Stock Option Award Agreement (Cordia Bancorp Inc)

Option Grant. You have been granted a NONNon-STATUTORY STOCK OPTION Statutory Stock Option (referred to in this Agreement as your "Option"). Your Option is NOT not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (ASB Bancorp Inc), Restricted Stock Award Agreement (Eureka Financial Corp.), Restricted Stock Award Agreement (SI Financial Group, Inc.)

Option Grant. You have been granted a NONNon-STATUTORY STOCK OPTION Statutory Stock Option (referred to in this Award Agreement as your "Option"). Your Option is NOT not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Polonia Bancorp Inc), Restricted Stock Award Agreement (Wellesley Bancorp, Inc.), Restricted Stock Award Agreement (Fraternity Community Bancorp Inc)

Option Grant. You have been granted a NON-STATUTORY STOCK OPTION (referred to in this Agreement as your "Option"). Your Option is NOT intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended. 2. NUMBER OF SHARES SUBJECT TO YOUR OPTION: ________ shares of Common Stock ("Shares"), subject to adjustment as may be necessary pursuant to Article 10 of the 2007 Plan.

Appears in 3 contracts

Samples: Non Statutory Stock Option Award Agreement (Chicopee Bancorp, Inc.), Non Statutory Stock Option Award Agreement (Polonia Bancorp), Non Statutory Stock Option Award Agreement (Newport Bancorp Inc)

Option Grant. You have been granted a NON-STATUTORY STOCK OPTION (referred to in this Agreement as your "Option"). Your Option is NOT intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended. 2. NUMBER OF SHARES SUBJECT TO YOUR OPTION: ________ shares of Common Stock ("Shares"), subject to adjustment as may be necessary pursuant to Article 10 of the 2009 Plan.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (North Penn Bancorp Inc), Restricted Stock Award Agreement (First Capital Inc)

Option Grant. You have been granted a NON-STATUTORY STOCK OPTION (referred to in this Agreement as your "Option"). Your Option is NOT intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended. 2. NUMBER OF SHARES SUBJECT TO YOUR OPTION: ________ shares of Common Stock ("Shares"), subject to adjustment as may be necessary pursuant to Article 10 of the 2008 Plan.

Appears in 2 contracts

Samples: Non Statutory Stock Option Award Agreement (First South Bancorp Inc /Va/), Non Statutory Stock Option Award Agreement (Delanco Bancorp, Inc)

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Option Grant. You have been granted a NON-NON- STATUTORY STOCK OPTION (referred to in this Agreement as your "Option"). Your Option is NOT intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Ocean Shore Holding Co)

Option Grant. You have been granted a NONNon-STATUTORY STOCK OPTION Statutory Stock Option (referred to in this Agreement as your "Option"). Your Option is NOT not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended. 2. Number of Shares Subject to Your Option: ________ shares of Common Stock ("Shares"), subject to adjustment as may be necessary pursuant to Article 10 of the 2008 Plan.

Appears in 1 contract

Samples: Non Statutory Stock Option Award Agreement (First Advantage Bancorp)

Option Grant. You have been granted a NON-STATUTORY STOCK OPTION (referred to in this Agreement as your "Option"). Your Option is NOT intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended. 2. NUMBER OF SHARES SUBJECT TO YOUR OPTION: ________ shares of Common Stock ("Shares"), subject to adjustment as may be necessary pursuant to Article 10 of the 2006 Plan.

Appears in 1 contract

Samples: Non Statutory Stock Option Award Agreement (United Community Bancorp)

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