WESTERN ALLIANCE BANCORPORATION 2002 STOCK OPTION PLAN STOCK OPTION AWARD AGREEMENT [DOUBLE TRIGGER ACCELERATION – REMOVE HEADING BEFORE ISSUANCE]Stock Option Award Agreement • April 28th, 2005 • Western Alliance Bancorporation • Nevada
NON-COMPETE COVENANTNon-Compete Covenant • April 28th, 2005 • Western Alliance Bancorporation • Nevada
This Non-Compete Covenant (“Covenant”) is being entered into _______________ by and between the undersigned senior executive or director of Western Alliance Bancorporation, a Nevada corporation (the “Company”) and the Company, and is made with reference to the following facts:
WARRANT TO PURCHASE [____________________] SHARES OF COMMON STOCK OF BANKWEST NEVADA CORPORATIONWestern Alliance Bancorporation • April 28th, 2005 • Nevada
No fractional shares arising out of the above formula, or otherwise arising out of the exercise of this Warrant, shall be issued. The Company shall in lieu thereof make payment to the Holder of cash in the amount of such fraction multiplied by the Fair Market Value of one share of the Warrant Shares on the date of exercise. The term “Fair Market Value” of one (1) share of the Warrant Shares shall mean (a) if the Common Stock is then traded on a national securities exchange or Nasdaq, the average of the closing prices of such Common Stock on such exchange over the ten (10) trading day period (or portion thereof) ending three (3) trading days prior to the date of exercise, multiplied by the number of shares of Common Stock into which each share of the Warrant Shares is then convertible, (b) if the Common Stock is then regularly traded over-the-counter, the average of the closing sale prices or secondarily the closing bid of such Common Stock over the ten (10) trading day period (or porti
