Directors’ Option Award Agreement Sample Contracts

OMNIBUS EQUITY INCENTIVE PLAN DIRECTORS’ OPTION AWARD AGREEMENT
Directors’ Option Award Agreement • June 23rd, 2006 • Greater Bay Bancorp • National commercial banks • California

Greater Bay Bancorp, a California corporation (the “Company”), hereby grants an Option, subject to the terms, conditions, and restrictions of the Greater Bay Bancorp Omnibus Equity Incentive Plan (the “Plan”), this Option Award Agreement, and Appendix A (attached) (the Option Award Agreement and Appendix A are collectively referred to as the “Award Agreement”). The capitalized terms used in the Award Agreement that are defined in the Plan shall have the same meanings herein as are set forth in the Plan.

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