Forfeitures. If you terminate service with the Company prior to an Earliest Exercise Date, you will forfeit any stock options that are scheduled to vest on that date. When you forfeit stock options, you relinquish any and all rights that you have to acquire the Shares that were optioned to you.
Appears in 11 contracts
Samples: Stock Option Agreement (Silver State Bancorp), Stock Option Agreement (Lake Shore Bancorp, Inc.), Stock Option Agreement (Rome Bancorp Inc)
Forfeitures. If you terminate service with the Company prior to an Earliest Exercise Date, you will forfeit any stock options that are scheduled to vest on that date. When you forfeit stock options, you relinquish any and all rights that you have to acquire the Shares that were optioned to you. Your service with the Company will not be treated as having terminated for vesting purposes, if you continue as a director emeritus of the Company.
Appears in 3 contracts
Samples: Form of Option Agreement (New Hampshire Thrift Bancshares Inc), Slades Ferry Bancorp, Bridge Street Financial Inc
Forfeitures. If you terminate service with the Company prior to an Earliest Exercise Date, you will forfeit any stock options Options that are scheduled to vest on that date. When you forfeit stock optionsOptions, you relinquish any and all rights that you have to acquire the Shares that were optioned to youOptions.
Appears in 1 contract
Samples: Stock Option Agreement (North Central Bancshares Inc)
