Tierone Corporation Compensatory Stock Option Agreement Sample Contracts

TIERONE CORPORATION COMPENSATORY STOCK OPTION AGREEMENT 2003 STOCK OPTION PLAN
Tierone Corporation Compensatory Stock Option Agreement • March 9th, 2005 • Tierone Corp • Savings institution, federally chartered

A COMPENSATORY STOCK OPTION (“Option”) to purchase a total of «number» shares of the common stock, par value $.01 per share (“Common Stock”), of TierOne Corporation, Lincoln, Nebraska (the “Corporation”) is hereby granted to «name» (the “Optionee”) pursuant to the 2003 Stock Option Plan (“Plan”) of the Corporation. The Option granted hereby is subject to all the terms and conditions of the Plan and this Agreement. The Plan is incorporated by reference herein. Defined terms, unless otherwise defined herein, shall have the same meaning as set forth in the Plan.

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