OP Bancorp Sample Contracts
2,000,000 Shares OP BANCORP Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • March 28th, 2018 • OP Bancorp • State commercial banks • New York
Standard Contracts
DIRECTOR/OFFICER INDEMNIFICATION AGREEMENTIndemnification Agreement • March 5th, 2018 • OP Bancorp • State commercial banks • California
Indemnification Agreement (this “Agreement”), dated as of ___________, ____ between OP BANCORP, a California corporation (the “Company”), and ____________________ (“Indemnitee”).
COEXISTENCE AGREEMENTCoexistence Agreement • March 5th, 2018 • OP Bancorp • State commercial banks • Florida
This Coexistence Agreement (“Agreement”), is entered into and effective as of this day of February, 2014 (the “Effective Date”), between Open Bank, S.A. (“OPENBANK”), a corporation organized and existing under the laws of Spain; and, having a principal place of business at Ciudad Grupo Santander, Av. Cantabria Boadilla del Monte Madrid SPAIN 28660 and OPEN BANK (“MYOPENBANK.”), an entity organized and existing under the laws of the State of California, USA, having a principal place of business at 1000 WILSHIRE BLVD. #100, Los Angeles, CA 90017, (individually “Party”, collectively, the “Parties”)
OPEN BANK STOCK OPTION AGREEMENTStock Option Agreement • March 5th, 2018 • OP Bancorp • State commercial banks
Open Bank, a California commercial bank (the “Bank”), hereby grants to the Option holder named below an option to purchase the number of shares of the Bank’s common stock set forth below (the “Common Stock”). The terms and conditions of the Option are set forth in this Stock Option Agreement (the “Agreement”) and in the Open Bank’s 2005 Director and Employee Stock Option Plan (the “Plan”) and the Notice of Exercise, all of which are enclosed herewith and incorporated herein in their entirety. Capitalized terms not defined herein shall have the meanings assigned to them in the Plan.
OP BANCORP RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • March 5th, 2018 • OP Bancorp • State commercial banks • California
This Restricted Stock Unit Agreement (this “Agreement”) is made and entered into as of (the “Grant Date”) by and between OP Bancorp, a California corporation (the “Company”), and (the “Grantee”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 5th, 2018 • OP Bancorp • State commercial banks • California
This Employment Agreement (the “Agreement”) is entered into by and between OP BANCORP, a California bank holding company (the “Company”), OPEN BANK, a California banking corporation (the “Bank”), and MIN KIM, an individual (the “Executive”) as of November 1, 2017 (the “Effective Date”). This Agreement replaces any previous employment agreements between the parties and makes such previous agreements null and void.
ADDENDUM TO EMPLOYMENT AGREEMENTEmployment Agreement • June 25th, 2021 • OP Bancorp • State commercial banks
This Addendum to Employment Agreement (the "Addendum") is made this 24th day of June 2021, between OP BANCORP, a California bank holding company (the "Company”), OPEN BANK, a California banking corporation (the “Bank”), and Min J. Kim, (the "Executive").
GENERAL RELEASEGeneral Release • October 1st, 2020 • OP Bancorp • State commercial banks
This Separation Agreement/General Release (“Agreement”) is made by and between OP Bancorp/Open Bank, (including each of the Releasees referenced below unless otherwise noted) (the “Company”) and Steve Park (“Employee”) in complete, final, and binding settlement of all claims and potential claims, if any, with respect to their employment relationship. The Company and Employee may collectively be referred to herein as the “Parties.”
