Common use of Stock Options and Other Stock-Based Awards Clause in Contracts

Stock Options and Other Stock-Based Awards. (a) Unless otherwise noted, the provisions of this Section 1.6 pertain to all plans sponsored by Target under which options and other stock-based amounts are awarded, including Target’s 2010 Stock Incentive Plan and Target’s 2000 Stock Option Plan, all as amended, and the award agreements thereunder (collectively, the “Target Stock Plan”).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Park Sterling Corp), Agreement and Plan of Merger (First Capital Bancorp, Inc.)

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Stock Options and Other Stock-Based Awards. (a) Unless otherwise noted, the provisions of this Section 1.6 pertain to all plans sponsored by Target under which options and other stock-based amounts are awarded, including Target’s 2010 Stock 2004 Equity Incentive Plan and Target’s 2000 Stock Option Plan, all as amended, and the award agreements thereunder (collectively, the “Target Stock Plan”); provided, however, that any accelerated vesting performed pursuant to this Section 1.6 shall only be performed if required by the terms of the Target Stock Plan as in effect on the date hereof without any further action by Target.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Community Capital Corp /Sc/), Agreement and Plan of Merger (Park Sterling Corp)

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Stock Options and Other Stock-Based Awards. (a) Unless otherwise noted, the provisions of this Section 1.6 pertain to all plans sponsored by Target under which options and other stock-based amounts are awarded, including Target’s 2010 2008 Equity Incentive Plan, 2003 Stock Incentive Option Plan, 2003 Recognition and Retention Plan and Target’s 2000 1999 Stock Option Plan, all as amended, and the award agreements thereunder (collectively, the “Target Stock Plan”); provided, however, that any accelerated vesting performed pursuant to this Section 1.6 shall only be performed if required by the terms of the Target Stock Plan as in effect on the date hereof without any further action by Target.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Park Sterling Corp)

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