Examples of Director Stock Option in a sentence
The Director Plan expired in 2010 and was replaced by the 2011 Non-Employee Director Stock Option Plan (the “2011 Director Plan”), with essentially the same terms and conditions as the expired Director Plan.
Form of Oil-Dri Corporation of America 2006 Long Term Incentive Plan Director Stock Option Agreement for Common Stock.* Incorporated by reference to Exhibit 10.5 to Oil-Dri’s (file No. 001- 12622) Current Report on Form 8-K filed on December 11, 2006.
The 2004 Plan expired in April 2014, and, on April 9, 2015, the Bank’s Board of Directors adopted the Harford Bank 2015 Director Stock Option Plan (the “2015 Plan”) so that the Bank may continue to incent non-employee directors through the grant of non-qualified stock options.
Stock options are issued to non-employee directors for their services as directors under Director Stock Option Plans approved by shareholders.
WHEREAS, Optionee holds one or more outstanding options to purchase shares of the common stock of Alexander & Baldwin, Inc., a Hawaii corporation (“A&B”), which were granted to Optionee under one or more of the following equity incentive compensation plans of A&B (collectively the “A&B Plans”): - 2007 Incentive Compensation Plan, as amended and restated; - 1998 Stock Option/Stock Incentive Plan, as amended and restated; and - 1998 Non-Employee Director Stock Option Plan, as amended.