Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd) of the Plan.
Appears in 11 contracts
Sources: Non Qualified Stock Option Agreement (Cincinnati Bancorp, Inc.), Non Qualified Stock Option Award Agreement (WCF Bancorp, Inc.), Non Qualified Stock Option Agreement (Cincinnati Bancorp)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 9 contracts
Sources: Incentive Stock Option Award Agreement (WCF Bancorp, Inc.), Incentive Stock Option Agreement (Cincinnati Bancorp), Incentive Stock Option Award Agreement (PB Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(aa) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 6 contracts
Sources: Incentive Stock Option Agreement (Seneca Bancorp, Inc.), Incentive Stock Option Agreement (Pioneer Bancorp, Inc./Md), Incentive Stock Option Agreement (Rhinebeck Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(cc) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 6 contracts
Sources: Incentive Stock Option Award Agreement (HV Bancorp, Inc.), Stock Option Agreement (FFBW, Inc. /MD/), Incentive Stock Option Award Agreement (HV Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, and for purposes of clarity, non-vested Options options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd) of the Plan.
Appears in 5 contracts
Sources: Stock Option Agreement (Carver Bancorp Inc), Stock Option Agreement (Carver Bancorp Inc), Stock Option Agreement (Wolverine Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(aa) of the Plan.
Appears in 5 contracts
Sources: Non Qualified Stock Option Agreement (Seneca Bancorp, Inc.), Non Qualified Stock Option Agreement (Pioneer Bancorp, Inc./Md), Non Qualified Stock Option Agreement (Rhinebeck Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “The term "Retirement” " shall have the meaning set forth in Section 8.1(dd8.1(aa) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 3 contracts
Sources: Incentive Stock Option Agreement (Eagle Financial Bancorp, Inc.), Incentive Stock Option Agreement (Community First Bancshares, Inc.), Incentive Stock Option Agreement (Heritage NOLA Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(cc) of the Plan.
Appears in 3 contracts
Sources: Non Qualified Stock Option Award Agreement (HV Bancorp, Inc.), Non Qualified Stock Option Award Agreement (FFBW, Inc.), Non Qualified Stock Option Award Agreement (HV Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration datedated, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd) of the Plan.
Appears in 3 contracts
Sources: Non Qualified Stock Option Award Agreement (CB Financial Services, Inc.), Stock Option Agreement (Georgetown Bancorp, Inc.), Stock Option Agreement (Waterstone Financial, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “"Retirement” " shall have the meaning set forth in Section 8.1(dd) of the Plan.
Appears in 3 contracts
Sources: Stock Option Agreement (FSB Bancorp, Inc.), Non Qualified Stock Option Award Agreement (Bancorp 34, Inc.), Non Qualified Stock Option Agreement (New Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd) of the Plan.
Appears in 2 contracts
Sources: Stock Option Agreement (National Commerce Corp), Stock Option Agreement (National Commerce Corp)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “The term "Retirement” " shall have the meaning set forth in Section 8.1(dd8.1(aa) of the Plan.
Appears in 2 contracts
Sources: Non Qualified Stock Option Agreement (Community First Bancshares, Inc.), Non Qualified Stock Option Agreement (Heritage NOLA Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(cc) of the Plan. Options exercised more than three (3) months following Retirement will not have ISO treatment.
Appears in 2 contracts
Sources: Incentive Stock Option Agreement (Severn Bancorp Inc), Incentive Stock Option Agreement (Riverview Financial Corp)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “"Retirement” " shall have the meaning set forth in Section 8.1(dd) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 2 contracts
Sources: Stock Option Agreement (FSB Bancorp, Inc.), Incentive Stock Option Agreement (New Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “The term "Retirement” " shall have the meaning set forth in Section 8.1(dd8.1(cc) of the Plan.
Appears in 2 contracts
Sources: Non Qualified Stock Option Agreement (Eagle Financial Bancorp, Inc.), Non Qualified Stock Option Agreement (Community Savings Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd) 8.1 of the Plan.
Appears in 2 contracts
Sources: Non Qualified Stock Option Agreement (Rhinebeck Bancorp, Inc.), Non Qualified Stock Option Award Agreement (Seneca Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd) 8.1 of the Plan. Options exercised more than three (3) months following Retirement will not have ISO treatment.
Appears in 2 contracts
Sources: Incentive Stock Option Agreement (Rhinebeck Bancorp, Inc.), Incentive Stock Option Agreement (Seneca Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(cc) of the Plan.
Appears in 2 contracts
Sources: Non Qualified Stock Option Agreement (Severn Bancorp Inc), Non Qualified Stock Option Agreement (Riverview Financial Corp)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd2.7(f) of the Plan. Options exercised more than three (3) months following Retirement will not have ISO treatment.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Bogota Financial Corp.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd1(dd) of the Plan.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Waterstone Financial, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(w) of the Plan.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (LINKBANCORP, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier Retirement (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(cc) of the Plan.
Appears in 1 contract
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(bb) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 1 contract
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd) of the Plan.have
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Cincinnati Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(ff) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 1 contract
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd) 8.1 of the PlanPlan (i.e., retirement from employment as an Employee on or after attainment of age 72).
Appears in 1 contract
Sources: Non Qualified Stock Option Award Agreement (Esquire Financial Holdings, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(w) of the Plan. Options exercised more than three months following Retirement will cease to be treated as ISOs.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (LINKBANCORP, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(ee) of the Plan.
Appears in 1 contract
Sources: Stock Option Agreement (CB Financial Services, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “"Retirement” " shall have the meaning set forth in Section 8.1(dd) of the Plan. Options exercised more than three months following Retirement will be considered Non-Qualified Options.
Appears in 1 contract
Sources: Incentive Stock Option Award Agreement (Bancorp 34, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “The term "Retirement” " shall have the meaning set forth in Section 8.1(dd) of the Plan.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Best Hometown Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(ee) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 1 contract
Sources: Stock Option Agreement (CB Financial Services, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(z) of the Plan.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (SSB Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the OptionOpti'n’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). ." “RetirementRetireme"t” shall have the meaning set forth in Section 8.1(dd8.1(cc) of the Plan.
Appears in 1 contract
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(bb) of the Plan.
Appears in 1 contract
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration datedated, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(aa) of the Plan.
Appears in 1 contract
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “The term "Retirement” " shall have the meaning set forth in Section 8.1(dd8.1(cc) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Community Savings Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(ff) of the Plan.
Appears in 1 contract
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(z) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (SSB Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “The term "Retirement” " shall have the meaning set forth in Section 8.1(dd) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Best Hometown Bancorp, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd1(dd) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Waterstone Financial, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). The term “Retirement” shall have the meaning set forth in Section 8.1(dd2.7(f) of the Plan.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Bogota Financial Corp.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s 's expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd) of the Plan.of
Appears in 1 contract
Sources: Incentive Stock Option Award Agreement (CB Financial Services, Inc.)
Retirement. Vested Options may be exercised for a period of one (1) year from the date of Termination of Service by reason of Retirement, subject to termination on the Option’s expiration date, if earlier (and, for purposes of clarity, non-vested Options will be forfeited on the date of Termination of Service by reason of Retirement). “Retirement” shall have the meaning set forth in Section 8.1(dd8.1(aa) of the Plan. Options exercised more than three months following Retirement will not have ISO treatment.
Appears in 1 contract