Common use of Nonstatutory Options Clause in Contracts

Nonstatutory Options. In the case of a Nonstatutory Option granted under the Plan, the Committee (in its sole discretion) may accept payment pursuant to Subsections (b), (c), (d) or (e) below.

Appears in 1 contract

Sources: Stock Option Plan (Placer Sierra Bancshares)

Nonstatutory Options. In the case of a Nonstatutory Option granted under the Plan, the Committee (in its sole discretion) may accept payment pursuant to Subsections (b), (c), or (d) or (e) below.

Appears in 1 contract

Sources: Stock Option Plan (North Bay Bancorp/Ca)