Common Contracts

2 similar Director and Employee Stock Option Plan contracts by OP Bancorp

OPEN BANK STOCK OPTION AGREEMENT
Director and Employee Stock Option Plan • March 5th, 2018 • OP Bancorp • State commercial banks

Open Bank, a California commercial bank (the “Bank”), hereby grants to the Option holder named below an option to purchase the number of shares of the Bank’s common stock set forth below (the “Common Stock”). The terms and conditions of the Option are set forth in this Stock Option Agreement (the “Agreement”) and in the Open Bank’s 2005 Director and Employee Stock Option Plan (the “Plan”) and the Notice of Exercise, all of which are enclosed herewith and incorporated herein in their entirety. Capitalized terms not defined herein shall have the meanings assigned to them in the Plan.

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OPEN BANK STOCK OPTION AGREEMENT
Director and Employee Stock Option Plan • November 22nd, 2017 • OP Bancorp • State commercial banks

Open Bank, a California commercial bank (the “Bank”), hereby grants to the Option holder named below an option to purchase the number of shares of the Bank’s common stock set forth below (the “Common Stock”). The terms and conditions of the Option are set forth in this Stock Option Agreement (the “Agreement”) and in the Open Bank’s 2005 Director and Employee Stock Option Plan (the “Plan”) and the Notice of Exercise, all of which are enclosed herewith and incorporated herein in their entirety. Capitalized terms not defined herein shall have the meanings assigned to them in the Plan.

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