Regulatory Capital Requirements. The Employee hereby agrees that all Options subject to this Agreement, to the extent not exercised, may be canceled at any time by the Company, or the Employee may be required to exercise such Options, to the extent they may be exercised, in accordance with Section 4.9 of the Plan.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Vision Bancshares Inc), Incentive Stock Option Agreement (Vision Bancshares Inc), Supplemental Stock Option Agreement (Nexity Financial Corp)
Regulatory Capital Requirements. The Employee Director hereby agrees that all Options subject to this Agreement, to the extent not exercised, may be canceled at any time by the Company, or the Employee Director may be required to exercise such Options, to the extent they may be exercised, in accordance with Section 4.9 of the Plan.
Appears in 2 contracts
Samples: Stock Option Agreement (Vision Bancshares Inc), Stock Option Agreement (Vision Bancshares Inc)