First Bancorp Stock Option Agreement for Officers and Other Employees Sample Contracts

FIRST BANCORP STOCK OPTION AGREEMENT FOR OFFICERS AND OTHER EMPLOYEES

First Bancorp Stock Option Agreement for Officers and Other Employees • July 16th, 2010 • First Bancorp /Pr/ • State commercial banks

• Contract Type
  First Bancorp Stock Option Agreement for Officers and Other Employees
• Filed
  July 16th, 2010
• Company
  First Bancorp /Pr/
• Industry
  State commercial banks

OPTION AGREEMENT (this “Agreement”) made as of the _____ day of __________, ______ between FIRST BANCORP (the Corporation or “First BanCorp”), and ___, an employee of the Corporation (the “Optionee”), pursuant to the Stock Option Plan, as amended by the Board of Directors of First BanCorp through the date hereof (the “Plan”).