Common use of Rights to Stock Options Clause in Contracts

Rights to Stock Options. On and after the Effective Date, all outstanding options to purchase shares of common stock of Bank granted pursuant to Bank's Stock Option Plan shall be assumed by and shall be deemed options to purchase shares of common stock of Holding Company on the same terms and conditions, subject to the requirements of the Securities Act of 1933, as amended, and the California Blue Sky Law, and for the same number of shares as have been agreed upon and set forth in Bank's Stock Option Plans and stock option agreements entered into pursuant thereto.

Appears in 2 contracts

Samples: Reorganization and Agreement of Merger (Coast Bancorp/Ca), Plan of Reorganization and Agreement of Merger (Coast Bancorp/Ca)

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Rights to Stock Options. On and after the Effective Date, all outstanding options to purchase shares of common stock of Bank granted pursuant to Bank's Stock Option Plan Plans shall be assumed by and shall be deemed options to purchase shares of common stock of Holding Company on the same terms and conditions, subject to the requirements of the Securities Act of 1933, as amended, and the California Blue Sky Law, and for the same number of shares as have been agreed upon and set forth in Bank's Stock Option Plans and stock option agreements entered into pursuant thereto.

Appears in 1 contract

Samples: Reorganization and Agreement of Merger (Community Bancorp Inc)

Rights to Stock Options. On and after the Effective Date, all ----------------------- outstanding options to purchase shares of common stock of Bank Stock granted pursuant to the Bank's Stock Option Plan Plan(s) shall be assumed by and shall be deemed options to purchase shares of common stock of Holding Company Stock on the same terms and conditions, subject to the requirements of the Securities Act of 1933, as amended, and amended (the California Blue Sky Law"Securities Act"), and for the same number of shares as have been agreed upon and set forth in the Bank's Stock Option Plans Plan(s) and stock option agreements entered into pursuant thereto.

Appears in 1 contract

Samples: Plan of Reorganization and Agreement of Merger (Sierra Bancorp)

Rights to Stock Options. On and after the Effective Date, all outstanding options to purchase shares of common stock of the Bank granted pursuant to the Bank's ’s 2000 Stock Option Plan shall be assumed by and shall be deemed options to purchase shares of common stock of the Holding Company on the same terms and conditions, subject to the requirements of the Securities Act of 1933, as amended, and the California Blue Sky Corporate Securities Law, and for the same number of shares as have been agreed upon and set forth in the Bank's ’s Stock Option Plans Plan and stock option agreements entered into pursuant thereto.

Appears in 1 contract

Samples: Plan of Reorganization (Chino Commercial Bancorp)

Rights to Stock Options. On and after the Effective Date, all outstanding options to purchase shares of common stock of Bank Common Stock granted pursuant to the Bank's Stock Option Plan Plans shall be assumed by and shall be deemed options to purchase shares of common stock of Holding Company Bancorp Common Stock on the same terms and conditions, subject to the requirements of the Securities Act of 1933, as amended, and the California Blue Sky Lawlaw, and for the same number of shares as have been agreed upon and set forth in Bank's Stock Option Plans and stock option agreements entered into pursuant thereto.

Appears in 1 contract

Samples: Temecula Valley Bancorp Inc

Rights to Stock Options. On and after the Effective Date, all outstanding options to purchase shares of common stock of Bank granted pursuant to Bank's Stock Option Plan shall be assumed by and shall be deemed options to purchase shares of common stock of Holding Company on the same terms and conditions, subject to the requirements of the Securities Act of 1933, as amended, and the California Blue Sky Law, and for the same number of shares as have been agreed upon and set forth in Bank's Stock Option Plans Plan and stock option agreements entered into pursuant thereto.

Appears in 1 contract

Samples: Plan of Reorganization and Agreement of Merger (Mission Community Bancorp)

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Rights to Stock Options. On and after the Effective Date, all outstanding options to purchase shares of common stock of Bank granted pursuant to Bank's Stock Option Plan Plans, including the 2003 Stock Option Plan, shall be assumed by and shall be deemed options to purchase shares of common stock of Holding Company on the same terms and conditions, subject to the requirements of the Securities Act of 1933, as amended, and the California Blue Sky Law, and for the same number of shares as have been agreed upon and set forth in Bank's Stock Option Plans and stock option agreements entered into pursuant thereto.

Appears in 1 contract

Samples: Calwest Bancorp

Rights to Stock Options. On and after the Effective Date, all outstanding options to purchase shares of common stock Common Stock of Bank granted pursuant to Bank's ’s 2000 Stock Option Plan Plan,, shall be assumed by and shall be deemed options to purchase shares of common stock Common Stock of Holding Company on the same terms and conditions, subject to the requirements of the Securities Act of 1933, as amended, and the California Blue Sky Law, and for the same number of shares as have been agreed upon and set forth in Bank's ’s Stock Option Plans Plan and stock option agreements entered into pursuant thereto.

Appears in 1 contract

Samples: Plan of Reorganization (Santa Lucia Bancorp)

Rights to Stock Options. On and after the Effective Date, all outstanding options to purchase shares of common stock of the Bank granted pursuant to the Bank's ’s Stock Option Plans, including the 1998 Stock Option Plan and the 2000 Stock Option Plan, shall be assumed by and shall be deemed options to purchase shares of common stock of the Holding Company on the same terms and conditions, subject to the requirements of the Securities Act of 1933, as amended, and the California Blue Sky Law, and for the same number of shares as have been agreed upon and set forth in the Bank's ’s Stock Option Plans and stock option agreements entered into pursuant thereto.

Appears in 1 contract

Samples: Plan of Reorganization (Canyon Bancorp)

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