Service Condition. To become owner of the shares awarded by section 1 the Participant must maintain continuous employment with Middlefield or a Related Entity for three years after the date of this Stock Award Agreement, except in the case of termination within three years occurring because of death or disability and except for a Change in Control occurring within three years after the date of this Stock Award Agreement.
Appears in 8 contracts
Samples: Stock Award Agreement (Middlefield Banc Corp), Stock Award Agreement (Middlefield Banc Corp), Stock Award Agreement (Middlefield Banc Corp)