TIME-BASED NON-QUALIFIED STOCK OPTION AGREEMENT UNDER THE BOSTON PRIVATE FINANCIAL HOLDINGS, INC. 2010 INDUCEMENT STOCK PLANTime-Based Non-Qualified Stock Option Agreement • November 5th, 2018 • Boston Private Financial Holdings Inc • State commercial banks
Contract Type FiledNovember 5th, 2018 Company IndustryPursuant to the Boston Private Financial Holdings, Inc. 2010 Inducement Stock Plan as amended through the date hereof (the “Plan”), Boston Private Financial Holdings, Inc. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $1.00 per share (the “Stock”), of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. This Stock Option is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.