Common use of Option Period; Vesting Clause in Contracts

Option Period; Vesting. The Option herein granted may be exercised by Optionee in whole or in part at any time during a ten (10) year period ("Option Period") beginning on the Grant Date, subject to the limitation that said Options shall not be exercisable for more than a percentage of the aggregate number of shares offered by this Option Agreement determined by the number of months Optionee is employed with the Company or the Bank from the effective date of this Option Agreement to the date of such exercise, in accordance with the following schedule: 2 Number of Full Percentage of Months of Employment Options Exercisable -------------------- ------------------- Less than 6 months None 6 months or more, but less than 18 months 25% 18 months or more, but less than 30 months 50% 30 months or more, but less than 42 months 75% 42 months or more, but less than 120 months 100% Notwithstanding anything in this Agreement to the contrary, the Committee in its sole discretion may waive the foregoing schedule of vesting and, upon written notice to Optionee, accelerate the earliest date or dates on which any of the Options granted hereunder are exercisable with respect to any of the shares offered.

Option Period; Vesting. The Option Options herein granted may be exercised by Optionee in whole or in part at any time during a the period beginning six (6) months after the date hereof, and ending ten (10) year period years after the date hereof ("Option Period") beginning on the Grant Date), subject to the limitation that said Options shall not be exercisable for more than a percentage of the aggregate number of shares offered by this Option Agreement determined by the number of months Optionee is employed with the Company or the Bank from the effective date of this Option Agreement to the date of such exercise, in accordance with the following schedule: 2 Number of Full Percentage of Months of Employment Options Exercisable Shares Purchasable -------------------- ------------------- ------------------ Less than 6 six months None 6 Six months or more, but less than 18 months 25% 18 months or more, but less than 30 months 50% 30 months or more, but less than 42 months 75% 42 months or more, but less than 120 months 100% 2 Notwithstanding anything in this Agreement to the contrary, the Committee in its sole discretion may waive the foregoing schedule of vesting and, upon written notice to Optionee, accelerate the earliest date or dates on which any of the Options granted hereunder are exercisable with respect to any of the shares offered.

Option Period; Vesting. The Option Options herein granted may be exercised by Optionee in whole or in part at any time during a ten (10) year the period beginning on the date hereof, and ending ________________ ("Option Period") beginning on the Grant Date), subject to the limitation that said Options shall not be exercisable for more than a percentage of the aggregate number of shares offered by this Option Agreement determined by the number of months Optionee is employed with the Company or the Bank from the effective date of this Option Agreement to the date of such exercise, in accordance with the following schedule: 2 Number of Full Percentage of Months of Employment Options Exercisable -------------------- ------------------- Less than 6 six months None 6 Six months or more, but less than 18 months 25% 18 months or more, but less than 30 months 50% 30 months or more, but less than 42 months 75% 42 months or more, but less than 120 months 100% Notwithstanding anything in this Agreement to the contrary, the Committee in its sole discretion may waive the foregoing schedule of vesting and, upon written notice to Optionee, accelerate the earliest date or dates on which any of the Options granted hereunder are exercisable with respect to any of the shares offered.

Option Period; Vesting. The Option herein granted may be exercised by Optionee in whole or in part at any time during a ten (10) year period ("Option Period") beginning on the Grant Date, subject to the limitation that said Options shall not be exercisable for more than a percentage of the aggregate number of shares offered by this Option Agreement determined by the number of months Optionee is employed with the Company or the Bank from the effective date of this Option Agreement to the date of such exercise, in accordance with the following schedule: 2 Number of Full Percentage of Months of Employment Options Exercisable -------------------- ------------------- Less than 6 months None 6 months or more, but less than 18 months 25% 18 months or more, but less than 30 months 50% 30 months or more, but less than 42 months 75% 42 months or more, but less than 120 months 100% Notwithstanding anything in this Agreement to the contrary, the Committee in its sole discretion may waive the foregoing schedule of vesting and, upon written notice to Optionee, accelerate the earliest date or dates on which any of the Options granted hereunder are exercisable with respect to any of the shares offered.

Option Period; Vesting. The Option herein granted may be exercised by Optionee in whole or in part at any time during a ten (10) year period ("Option Period") beginning on the Grant Date, subject to the limitation that said Options shall not be exercisable for more than a percentage of the aggregate number of shares offered by this Option Agreement determined by the number of months Optionee is employed with the Company or the Bank from the effective date of this Option Agreement to the date of such exercise, in accordance with the following schedule: 2 Number of Full Percentage of Months of Employment Options Exercisable -------------------- ------------------- Less than 6 months None 6 months or more, but less than 18 months 25% 18 months or more, but less than 30 months 50% 30 months or more, but less than 42 months 75% 42 months or more, but less than 120 months 100% Notwithstanding anything in this Agreement to the contrary, the Committee in its sole discretion may waive the foregoing schedule of vesting and, upon written notice to Optionee, accelerate the earliest date or dates on which any of the Options granted hereunder are exercisable with respect to any of the shares offered.