STOCK OPTION AGREEMENT FOR INCENTIVE STOCK OPTIONS UNDER SECTION 422 OF THE INTERNAL REVENUE CODE PURSUANT TO THE CECIL BANCORP, INC. FOR EXECUTIVE OFFICERSStock Option Agreement • May 22nd, 2009 • Cecil Bancorp Inc • Savings institution, federally chartered
STOCK OPTIONS for a total of __________ shares of Common Stock of Cecil Bancorp, Inc. (the “Company”), which Option is intended to qualify as an Incentive Stock Option under Section 422 of the Internal Revenue Code of 1986, as amended, is hereby granted to ______________, (the “Optionee”), at the price determined as provided in, and in all respects subject to the terms, definitions and provisions of the 2009 Equity Incentive Plan (the “Plan”) adopted by the Company which is incorporated by reference herein, receipt of which is hereby acknowledged.
RESTRICTED STOCK AGREEMENT PURSUANT TO THE CECIL BANCORP, INC. FOR OFFICERS AND EMPLOYEESRestricted Stock Agreement • May 22nd, 2009 • Cecil Bancorp Inc • Savings institution, federally chartered
This Agreement shall constitute an award of Restricted Stock (“Award”) for a total of ____________ shares of Common Stock of Cecil Bancorp, Inc. (the “Corporation”), which is hereby granted to ________________________________ (the “Participant”) at the price determined as provided herein, and in all respects subject to the terms, definitions and provisions of the Cecil Bancorp, Inc. 2009 Equity Incentive Plan (the “Plan”) adopted by the Corporation which is incorporated by reference herein, receipt of which is hereby acknowledged.
