EXERCISE OF INCENTIVE. STOCK OPTION: There are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (SEE INCENTIVE STOCK OPTION HOLDING PERIOD), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Exercise Price will be treated as income for alternative minimum tax ("AMT") purposes and may subject you to AMT in the year of exercise. PLEASE CHECK WITH YOUR TAX ADVISOR.
Appears in 13 contracts
Samples: Form of Incentive Stock Option Award Agreement (Polonia Bancorp), Award Agreement (Sugar Creek Financial Corp), Award Agreement (North Penn Bancorp Inc)
EXERCISE OF INCENTIVE. STOCK OPTION: There Under this Award Agreement, there are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (SEE INCENTIVE STOCK OPTION HOLDING PERIOD), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Exercise Option Price will be treated as income for alternative minimum tax ("AMT") purposes and may subject you to AMT in the year of exercise. PLEASE CHECK WITH YOUR TAX ADVISORPlease check with your tax advisor.
Appears in 4 contracts
Samples: Incentive Stock Option Award Agreement (Provident Community Bancshares, Inc.), Restricted Stock Award Agreement (BV Financial, Inc.), Restricted Stock Award Agreement (FedFirst Financial CORP)
EXERCISE OF INCENTIVE. STOCK OPTIONStock Option: There are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (SEE INCENTIVE STOCK OPTION HOLDING PERIODsee Incentive Stock Option Holding Period), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Exercise Price will be treated as income for alternative minimum tax ("“AMT"”) purposes and may subject you to AMT in the year of exercise. PLEASE CHECK WITH YOUR TAX ADVISORPlease check with your tax advisor.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Pulaski Financial Corp), Incentive Stock Option Award Agreement (FedFirst Financial Corp), Incentive Stock Option Award Agreement (Ocean Shore Holding Co.)
EXERCISE OF INCENTIVE. STOCK OPTION: There are is no regular federal or state income or employment tax liabilities liability upon the exercise of an Incentive Stock Option (SEE INCENTIVE STOCK OPTION HOLDING PERIOD), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Exercise Price will be treated as income for alternative minimum tax ("AMT") purposes and may subject you to AMT in the year of exercise. PLEASE CHECK WITH YOUR TAX ADVISORPlease check with your tax advisor.
Appears in 3 contracts
Samples: New England Bancshares, Inc., Equitable Financial Corp, Ameriana Bancorp
EXERCISE OF INCENTIVE. STOCK OPTIONStock Option: There are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (SEE INCENTIVE STOCK OPTION HOLDING PERIODsee Incentive Stock Option Holding Period), although the excess, if any, of the Fair Market Value value of the shares of Common Stock on the date of exercise over the Exercise Price will be treated as income for alternative minimum tax ("“AMT"”) purposes and may subject you to AMT in the year of exercise. PLEASE CHECK WITH YOUR TAX ADVISORPlease check with your tax advisor.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (SI Financial Group, Inc.)
EXERCISE OF INCENTIVE. STOCK OPTION: There Under this Award Agreement, there are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (SEE INCENTIVE STOCK OPTION HOLDING PERIOD), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Exercise Price will be treated as income for alternative minimum tax ("AMT") purposes and may subject you to AMT in the year of exercise. PLEASE CHECK WITH YOUR TAX ADVISORPlease check with your tax advisor.
Appears in 1 contract
Samples: Kentucky First Federal Bancorp
EXERCISE OF INCENTIVE. STOCK OPTION: There Generally, there are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (SEE "INCENTIVE STOCK OPTION HOLDING PERIOD" BELOW), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Exercise Option Price will be treated as income for alternative minimum tax ("AMT") purposes and may subject you to AMT in the year of exercise. PLEASE CHECK WITH YOUR TAX ADVISORPlease check with your tax advisor.
Appears in 1 contract
Samples: Incentive Stock Option Award Agreement (Ottawa Savings Bancorp, Inc.)
EXERCISE OF INCENTIVE. STOCK OPTIONStock Option: There are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (SEE INCENTIVE STOCK OPTION HOLDING PERIODsee Incentive Stock Option Holding Period below), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Option Exercise Price will be treated as income for alternative minimum tax ("“AMT"”) purposes and may subject you a Participant to AMT in the year of exercise. PLEASE CHECK WITH YOUR TAX ADVISOR.
Appears in 1 contract
Samples: Based Incentive Stock Option Award Agreement (ECB Bancorp, Inc. /MD/)
