Common use of Grant of Stock Options Clause in Contracts

Grant of Stock Options. Executive shall receive stock options to purchase shares of the Company’s common stock in such number, at an exercise price and on such other terms as may be approved by the Compensation Committee of the Company Board, in its sole discretion. Any such options will become exercisable on a schedule no less favorable than generally provided with respect to options granted to executives of the Bank (other than the Chief Executive Officer), with such vesting to accelerate on a Change in Control (as defined in Section 3.2).

Grant of Stock Options. Executive shall receive stock options to purchase shares of the Company’s 's common stock in such number, at an exercise price and on such other terms as may be approved by the Compensation Committee of the Company Board, in its sole discretion. Any such options will become exercisable on a schedule no less favorable than generally provided with respect to options granted to executives the following: 20% on the grant date and an additional 20% on each of the Bank (other than first through fourth anniversaries of the Chief Executive Officer)grant date, with such vesting to accelerate on a Change in Control (as defined in Section 3.2).

Grant of Stock Options. Executive shall receive stock options to purchase shares of the Company’s common stock of the Company in such number, at an exercise price and on such other terms as may be approved by the Compensation Committee of the Company BoardCompany's Board of Directors, in its sole discretion. Any such options will become exercisable on a schedule no less favorable than generally provided with respect to options granted to executives the following: 20% on the grant date and an additional 20% on each of the Bank (other than first through fourth anniversaries of the Chief Executive Officer)grant date, with such vesting to accelerate on a Change in Control (as defined in Section 3.2).

Grant of Stock Options. Executive shall receive stock options to purchase shares of the Company’s common stock in such number, at an exercise price and at such times and on such other terms as may be approved by the Compensation Committee of the Company Board, in its sole discretion. Any such options will become exercisable on a schedule no less favorable than generally provided with respect to options granted to executives of the Bank (other than the Chief Executive Officer), with such vesting to accelerate on a Change in Control (as defined in Section 3.2).

Grant of Stock Options. Executive shall receive stock options to purchase shares of the Company’s common stock in such number, at an exercise price and on such other terms as may be approved by the Compensation Committee of the Company Board, in its sole discretion. Any such options will become exercisable on a schedule no less favorable than generally provided with respect to options granted to executives the following: 25% on the grant date and an additional 25% on each of the Bank (other than first through third anniversaries of the Chief Executive Officer)grant date, with such vesting to accelerate on a Change in Control (as defined in Section 3.2).

Grant of Stock Options. Executive shall receive stock options to purchase shares of the Company’s 's common stock in such number, number and at an exercise price and on such other terms as may be approved by the Compensation Committee of the Company BoardBoard may determine, in its sole discretion. Any such options will become exercisable on a schedule no less favorable than generally provided with respect to options granted to executives the following: 25% on the grant date and an additional 25% on each of the Bank (other than first through third anniversaries of the Chief Executive Officer)grant date, with such vesting to accelerate on a Change in Control (as defined in Section 3.2).

Grant of Stock Options. Executive shall receive stock options to purchase shares of the Company’s 's common stock in such number, at an exercise price and on such other terms as may be approved by the Compensation Committee of the Company Board, in its sole discretion. Any such options will become exercisable on a schedule no less favorable than generally provided with respect to options granted to executives of the Bank (other than the Chief Executive Officer), with such vesting to accelerate on a Change in Control (as defined in Section 3.2).

Grant of Stock Options. Executive shall receive stock options to purchase shares of the Company’s common stock in such number, number and at an exercise price and on such other terms as may be approved by the Compensation Committee of the Company BoardBoard may determine, in its sole discretion. Any such , provided that vesting of any options will become exercisable on a schedule no less favorable than generally provided with respect to options granted to executives of the Bank (other than the Chief Executive Officer), with such vesting to shall accelerate on a Change in Control (as defined in Section 3.2).