Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 6 contracts
Samples: Non Statutory Stock Option Award Agreement (Sugar Creek Financial Corp), Non Statutory Stock Option Award Agreement (Chicopee Bancorp, Inc.), Non Statutory Stock Option Award Agreement (Liberty Bancorp Inc)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2012 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 6 contracts
Samples: Restricted Stock Award Agreement (Wellesley Bancorp, Inc.), Restricted Stock Award Agreement (ASB Bancorp Inc), Restricted Stock Award Agreement (Eureka Financial Corp.)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2008 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 6 contracts
Samples: Non Statutory Stock Option Award Agreement (Delanco Bancorp, Inc), Non Statutory Stock Option Award Agreement (First South Bancorp Inc /Va/), Non Statutory Stock Option Award Agreement (First Advantage Bancorp)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2010 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (Mayflower Bancorp Inc), Restricted Stock Award Agreement (Athens Bancshares Corp), Non Statutory Stock Option Award Agreement (Ocean Shore Holding Co.)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2011 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Madison Bancorp Inc), Restricted Stock Award Agreement (Fox Chase Bancorp Inc), Non Statutory Stock Option Award Agreement (FedFirst Financial Corp)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2009 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (First Capital Inc), Restricted Stock Award Agreement (BCSB Bancorp Inc.), Restricted Stock Award Agreement (North Penn Bancorp Inc)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2006 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Pulaski Financial Corp), Non Statutory Stock Option Award Agreement (United Community Bancorp)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 2 contracts
Samples: Stock Option Agreement (Ottawa Bancorp Inc), Stock Option Award Agreement (Ottawa Bancorp Inc)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2014 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 2 contracts
Samples: Non Statutory Stock Option Award Agreement (United Community Bancorp), Incentive Stock Option Agreement (United Community Bancorp)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company Bank or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company Bank or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2011 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 2 contracts
Samples: Non Statutory Stock Option Award Agreement (Cordia Bancorp Inc), Incentive Stock Option Award Agreement (Cordia Bancorp Inc)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2015 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 2 contracts
Samples: Stock Option Agreement (Clifton Bancorp Inc.), Stock Option Agreement (Community Financial Corp /Md/)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliateaffiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliateaffiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2018 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 1 contract
Samples: Stock Option Award Agreement (Coastal Financial Corp)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliateaffiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliateaffiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2016 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 1 contract
Samples: Stock Option Award Agreement (Beneficial Bancorp Inc.)
Restrictions on Transfer and Pledge. You may not pledge, encumber, transfer or hypothecate your right rights or interest interests in this the Option to or in favor of any party other than the Company or an Affiliate, and this your Option shall may not be become subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not transfer or assign or transfer this Option the Option, other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section as applied to an Option under the 2007 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any a permitted transferee may exercise this the Option during your lifetime.
Appears in 1 contract
Samples: Incentive Stock Option Award Agreement (Ottawa Savings Bancorp, Inc.)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this the Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this the Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code Code, if such Section applied to an Option under the 2007 2005 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any a permitted transferee may exercise this the Option during your lifetime.
Appears in 1 contract
Samples: Incentive Stock Option Award Agreement (Kentucky First Federal Bancorp)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliateaffiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliateaffiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2015 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 1 contract
Restrictions on Transfer and Pledge. You may not pledge, encumber, transfer or hypothecate your right rights or interest in this the Option to or in favor of any party other than the Company or an Affiliate, and this your Option shall may not be become subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not transfer or assign or transfer this Option the Option, other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section as applied to an Option under the 2007 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any a permitted transferee may exercise this the Option during your lifetime.
Appears in 1 contract
Samples: Non Statutory Stock Option Award Agreement (Ottawa Savings Bancorp, Inc.)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2013 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Polonia Bancorp Inc)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2005 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 1 contract
Samples: Non Statutory Stock Option Award Agreement (Kentucky First Federal Bancorp)
Restrictions on Transfer and Pledge. You may not pledge, encumber, or hypothecate your right or interest in this Option to or in favor of any party other than the Company or an Affiliate, and this Option shall not be subject to any lien, obligation, or liability of the Participant to any other party other than the Company or an Affiliate. You may not assign or transfer this Option other than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the 2007 2016 Plan; provided, however, that the Committee may (but need not) permit other requested transfers. Only you or any permitted transferee may exercise this Option during your lifetime.
Appears in 1 contract
