Common Contracts

INCENTIVE STOCK OPTION

Equity Incentive Plan • July 21st, 2021 • Bogota Financial Corp. • Savings institutions, not federally chartered • New Jersey

• Contract Type
  Equity Incentive Plan
• Filed
  July 21st, 2021
• Company
  Bogota Financial Corp.
• Industry
  Savings institutions, not federally chartered
• Jurisdiction
  New Jersey

This incentive stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2021 Equity Incentive Plan (the “Plan”) of Bogota Financial Corp. (the “Company”) which are incorporated herein by reference and made a part hereof. A copy of the Plan has been provided or made available to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the committee responsible for administering the Plan (the “Committee”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” will include the parent and all present and future subsidiaries of the Company as defined i

FORM OF

Equity Incentive Plan • June 21st, 2019 • Severn Bancorp Inc • National commercial banks • Maryland

• Contract Type
  Equity Incentive Plan
• Filed
  June 21st, 2019
• Company
  Severn Bancorp Inc
• Industry
  National commercial banks
• Jurisdiction
  Maryland

This incentive stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2019 Equity Incentive Plan (the “Plan”) of Severn Bancorp, Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan and a Plan prospectus have been provided or made available to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the committee responsible for administering the Plan (the “Committee”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” will include the parent a