Common use of Purpose of the Option Clause in Contracts

Purpose of the Option. One purpose of the Plan is to advance the interests of the Company and its affiliates (collectively the “Company”) by stimulating the efforts of full-time salaried employees and officers on behalf of the Company by granting them financial participation in the progress and success of the Company.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Central Valley Community Bancorp), Incentive Stock Option Agreement (Central Valley Community Bancorp), Stock Option Agreement (Central Valley Community Bancorp)

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Purpose of the Option. One purpose of the purposes of the Plan is to advance the interests of the Company and its affiliates (collectively the “Company”) subsidiaries by stimulating the efforts of directors, officers, full-time salaried employees and officers consultants on behalf of the Company Company, by granting them financial participation in the progress and success of the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Americorp)

Purpose of the Option. One purpose of the purposes of the Plan is to advance the interests of the Company and its affiliates (collectively the “Company”) by stimulating the efforts of full-time salaried employees and officers on behalf of the Company and its affiliates (collectively the "Company"), by granting them financial participation in the progress and success of the Company.

Appears in 1 contract

Samples: Stock Option Plan (North Bay Bancorp/Ca)

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Purpose of the Option. One purpose of the purposes of the Plan is to advance the interests of the Company and its affiliates (collectively the “Company”) subsidiaries by stimulating the efforts of directors, officers and full-time salaried employees and officers on behalf of the Company Company, by granting them financial participation in the progress and success of the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Heritage Oaks Bancorp)

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