Acceptance by Participant. By executing this Agreement and returning a fully executed copy hereof to the Committee at the address specified in Section 10 hereof, the Participant signifies acceptance of the terms and conditions of this Agreement and the Plan. If a fully executed copy of this Agreement is not received by the Committee within 45 days after the later of the date of grant or the date this Agreement is received by the Participant, the Committee may revoke the Option granted, and thereby avoid all obligation, hereby.
Appears in 3 contracts
Sources: Stock Option Agreement (Warwick Community Bancorp Inc), Stock Option Agreement (Warwick Community Bancorp Inc), Stock Option Agreement (Warwick Community Bancorp Inc)