THE PEOPLES BANCTRUST COMPANY, INC.Stock Option • February 3rd, 2006 • Peoples Banctrust Co Inc • State commercial banks
THIS STOCK OPTION (the “Option”) grants (the “Optionee”) the right to purchase a total of 300 shares of Common Stock, par value $.10 per share, of The Peoples BancTrust Company, Inc. (the “Company”) at the price set forth herein, in all respects subject to the terms, definitions and provisions of The Peoples BancTrust Company, Inc. 1999 Stock Option Plan (the “Plan”) which is incorporated by reference herein. This Option is intended not to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). The Optionee acknowledges, through signing below, the receipt of the prospectus associated with the Plan.
THE PEOPLES BANCTRUST COMPANY, INC.Stock Option • February 3rd, 2006 • Peoples Banctrust Co Inc • State commercial banks
THIS STOCK OPTION (the “Option”) grants (the “Optionee”) the right to purchase a total of shares of Common Stock, par value $.10 per share, of The Peoples BancTrust Company, Inc. (the “Company”), at the price set forth herein, subject to the terms, definitions and provisions of The Peoples BancTrust Company, Inc. 1999 Stock Option Plan (the “Plan”) which is incorporated by reference herein, except as set forth herein. This Option is intended to qualify as an incentive stock option (“ISO”) under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). Pursuant to Section 6(b) of the Plan, to the extent that the aggregate Market Value of shares with respect to which Options designated as ISOs first become exercisable by the Optionee in any calendar year (under the Plan and any other plan of the Company or any Affiliate) exceeds $100,000, such excess Options shall be treated as Non-ISOs. The Optionee acknowledges, through signing below, the receipt of the prospectus asso
