STOCK OPTION AGREEMENT FOR INCENTIVE STOCK OPTIONS UNDER SECTION 422 OF THE INTERNAL REVENUE CODE PURSUANT TO THE CECIL BANCORP, INC. FOR EXECUTIVE OFFICERSStock Option Agreement • May 22nd, 2009 • Cecil Bancorp Inc • Savings institution, federally chartered
Contract Type FiledMay 22nd, 2009 Company IndustrySTOCK OPTIONS for a total of __________ shares of Common Stock of Cecil Bancorp, Inc. (the “Company”), which Option is intended to qualify as an Incentive Stock Option under Section 422 of the Internal Revenue Code of 1986, as amended, is hereby granted to ______________, (the “Optionee”), at the price determined as provided in, and in all respects subject to the terms, definitions and provisions of the 2009 Equity Incentive Plan (the “Plan”) adopted by the Company which is incorporated by reference herein, receipt of which is hereby acknowledged.
STOCK OPTION AGREEMENT FOR NON-STATUTORY STOCK OPTIONS PURSUANT TO THE CECIL BANCORP, INC.Stock Option Agreement • May 22nd, 2009 • Cecil Bancorp Inc • Savings institution, federally chartered
Contract Type FiledMay 22nd, 2009 Company IndustrySTOCK OPTIONS for a total of __________ shares of Common Stock of Cecil Bancorp, Inc. (the “Company”) is hereby granted to _____________________________ (the “Optionee”) at the price determined as provided in, and in all respects subject to the terms, definitions and provisions of the 2009 Equity Incentive Plan (the “Plan”) adopted by the Company which is incorporated by reference herein, receipt of which is hereby acknowledged. Such Stock Options do not comply with Options granted under Section 422 of the Internal Revenue Code of 1986, as amended.