Optionee Agreements. Prior to the Effective Time, the holders of at least seventy percent (70%) of the PCCI Stock Options outstanding as of the date of this Agreement shall have entered into the Optionee Agreements in the form of Exhibit βBβ hereto.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Pacific Capital Bancorp /Ca/), Agreement and Plan of Reorganization (Pacific Crest Capital Inc)