Stock Based Compensation. The Executive will be eligible to participate in the Bank’s Employee Stock Ownership Plan and to be considered by the Board for grants or awards of stock options or other stock-based compensation under any stock-based incentive plans that the Bank elects to implement. All such grants or awards shall be governed by the relevant plan documents and requirements and shall be evidenced by the Bank’s then-standard form of stock option, restricted stock or other applicable agreement.
Appears in 3 contracts
Samples: Employment Agreement (Hampden Bancorp, Inc.), Employment Agreement (Hampden Bancorp, Inc.), Employment Agreement (Hampden Bancorp, Inc.)
Stock Based Compensation. The Executive will be eligible to participate in the Bank’s 's Employee Stock Ownership Plan and to be considered by the Board for grants or awards of stock options or other stock-based compensation under any stock-based incentive plans that the Bank elects to implement. All such grants or awards shall be governed by the relevant plan documents and requirements and shall be evidenced by the Bank’s 's then-standard form of stock option, restricted stock or other applicable agreement.
Appears in 2 contracts
Samples: Employment Agreement (Hampden Bancorp, Inc.), Employment Agreement (Hampden Bancorp, Inc.)
