VALLEY COMMERCE BANCORP INCENTIVE STOCK OPTION AGREEMENTIncentive Stock Option Agreement • December 26th, 2007 • Valley Commerce Bancorp • State commercial banks
WHEREAS, pursuant to the Valley Commerce Bancorp 2007 Equity Incentive Plan (the "Plan"), a copy of which is hereto attached, the Board of Directors of the Company has authorized granting to Optionee an incentive stock option to purchase all or any part of __________________ authorized but unissued shares of the Company's common stock for cash at the price of _______________Dollars ($______) per share, such option to be for the term and upon the terms and conditions hereinafter stated;
