Performance Incentive Plan Qualified Stock Option Award and Agreement Sample Contracts

ORIENTAL FINANCIAL GROUP INC. 2007 OMNIBUS PERFORMANCE INCENTIVE PLAN QUALIFIED STOCK OPTION AWARD AND AGREEMENT
Performance Incentive Plan Qualified Stock Option Award and Agreement • November 30th, 2007 • Oriental Financial Group Inc • State commercial banks

This Qualified Stock Option Award and Agreement (the “Award”) is made and entered into on this ___th day of , 2007, by and between Oriental Financial Group Inc. (the “Corporation”) and (the “Grantee”). All capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the 2007 Omnibus Performance Incentive Plan (the “Plan”). Whenever appropriate, words and terms used in the singular shall be deemed to include the plural, and vice versa, and the masculine gender shall be deemed to include the feminine gender

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