Common use of Termination Other Than for Good Cause Clause in Contracts

Termination Other Than for Good Cause. If the Participant’s employment with the Bank is terminated during the term of this Option (i) by the Bank other than for “Good Cause” and (ii) other than as a result of Participant’s death, disability or resignation, all Nonvested Shares shall be deemed to have become fully exercisable and vested to the full extent of the unexercised portion of the original grant immediately prior to the termination of Participant’s employment; and any and all such Options shall be exercisable for the period of time not to extend beyond the remainder of the term of the Options or three months from the date of termination, whichever is earlier. Any Option or portion thereof not exercised prior to such date shall expire at such time unless the Participant dies during such period, in which case the provisions of Paragraph 8(b) below shall govern.

Termination Other Than for Good Cause. If the Participant’s employment with the Company or the Bank is terminated during the term of this Option (i) by the Company or the Bank other than for “Good Cause” and (ii) other than as a result of Participant’s death, disability or resignation, all Nonvested Shares shall be deemed to have become fully exercisable and vested to the full extent of the unexercised portion of the original grant immediately prior to the termination of Participant’s employment; and any and all such Options shall be exercisable for the period of time not to extend beyond the remainder of the term of the Options Option or three months from the date of termination, whichever is earlier. Any Option or portion thereof not exercised prior to such date shall expire at such time unless the Participant dies during such period, in which case the provisions of Paragraph 8(b) below shall govern.

Termination Other Than for Good Cause. If the Participant’s employment with the Bank is terminated during the term of this Option (i) by the Bank other than for “Good Cause” and (ii) other than as a result of Participant’s death, disability or resignation, all Nonvested Shares shall be deemed to have become fully exercisable and vested to the full extent of the unexercised portion of the original grant immediately prior to the termination of Participant’s employment; and any and all such Options shall be exercisable for the period of time not to extend beyond the remainder of the term of the Options or three months from the date of termination, whichever is earlier. Any Option or portion thereof not exercised prior to such date shall expire at such time unless the Participant dies during such period, in which case the provisions of Paragraph 8(b‎8(b) below shall govern.

Termination Other Than for Good Cause. If the Participant’s employment with the Bank is terminated during the term of this Option (i) by the Bank other than for “Good Cause” and (ii) other than as a result of Participant’s death, death or disability or Participant’s resignation, all Nonvested Shares shall be deemed to have become fully exercisable and vested to the full extent of the unexercised portion of the original grant immediately prior to the termination of Participant’s employment; and any and all such Options shall be exercisable for the period of time not to extend beyond the remainder of the term of the Options or three months from the date of termination, whichever is earlier. Any Option or portion thereof not exercised prior to such date shall expire at such time unless the Participant dies during such period, in which case the provisions of Paragraph 8(b7(b) below shall govern.