Common use of Terms of Rights Clause in Contracts

Terms of Rights. In no event shall a Limited Right be exercisable in --------------- whole or in part before the expiration of six (6) months from the Date of Grant of the Limited Right. A Limited Right may be exercised only in the event of a Change in Control. The Limited Right may be exercised only when the underlying Option is eligible to be exercised, and only when the Fair Market Value of the underlying shares on the day of exercise is greater than the Exercise Price of the underlying Option. Upon exercise of a Limited Right, the underlying Option shall cease to be exercisable and shall be terminated. Upon exercise or termination of an Option, any related Limited Rights shall terminate. The Limited Right is transferable only when the underlying Option is transferable and under the same conditions.

Terms of Rights. In no event shall a Limited Right be exercisable in --------------- whole or in part before the expiration of six (6) months from the Date of Grant of the Limited Right. A Limited Right may be exercised only in the event of a Change in Control. The Limited Right may be exercised only when the underlying Option is eligible to be exercised, and only when the Fair Market Value of the underlying shares on the day of exercise is greater than the Exercise Price of the underlying Option. Upon exercise of a Limited Right, the underlying Option shall cease to be exercisable and shall be terminated. Upon exercise or termination of an Option, any related Limited Rights shall terminate. The Limited Right is transferable only when the underlying Option is transferable and under the same conditions.

Terms of Rights. In no event shall a Limited Right be exercisable in --------------- whole or in part before the expiration of six (6) months from the Date date of Grant grant of the Limited Right. A Limited Right may be exercised only in the event of a Change in ControlControl of the Bank. The Limited Right may be exercised only when the underlying Option is eligible to be exercised, and only when provided that the Fair Market Value of the underlying shares on the day of exercise is greater than the Exercise Price exercise price of the underlying related Option. Upon exercise of a Limited Right, the underlying related Option shall cease to be exercisable and shall be terminatedexercisable. Upon exercise or termination of an Option, any related Limited Rights shall terminate. The Limited Rights may be for no more than 100% of the difference between the exercise price and the Fair Market Value of the Common Stock subject to the underlying Option. The Limited Right is transferable only when the underlying Option is transferable and under the same conditions. 2.

Terms of Rights. In no event shall a Limited Right be exercisable in --------------- whole or in part before the expiration of six (6) months from the Date date of Grant grant of the Limited Right. A Limited Right may be exercised only in the event of a Change in ControlControl of the Company. The Limited Right may be exercised only when the underlying Option is eligible to be exercised, and only when provided that the Fair Market Value of the underlying shares on the day of exercise is greater than the Exercise Price exercise price of the underlying related Option. Upon exercise of a Limited Right, the underlying related Option shall cease to be exercisable and shall be terminatedexercisable. Upon exercise or termination of an Option, any related Limited Rights shall terminate. The Limited Rights may be for no more than 100% of the difference between the exercise price and the Fair Market Value of the Common Stock subject to the underlying Option. The Limited Right is transferable only when the underlying Option is transferable and under the same conditions. 2.