Exercises of Option Sample Clauses

Exercises of Option. This Option shall be exercisable in accordance with provisions of the Plan as follows: (i) Schedule of rights to exercise.

Exercises of Option. This Option shall be exercisable in accordance with provisions of the Plan, provided the holder of such Option is an employee, director or director emeritus of the Company as of such date, as follows:

Exercises of Option. This Option shall be exercisable in ------------------- accordance with provisions of the Plan as follows: (i) Schedule of rights to exercise. ------------------------------ Percentage of Total Shares Years of Continuous Employment Subject to Option Which May After Date of Grant of Option Be Exercised ------------------------------ --------------------------- Upon Grant 1 year but less than 2 years 2 years but less than 3 years 3 years but less than 4 years ------------------------- */ 110% in the case of an Optionee who owns shares representing more than -- 10% of the outstanding common stock of the Company on the date of grant of this Option. 4 years but less than 5 years 5 years or more

Exercises of Option. This Option shall be exercisable in accordance with provisions of the Plan, provided the holder of such Option is an employee, director or director emeritus of the Company as of such date, as follows: (a) Schedule of Rights to Exercise. A. Such Options awarded to the Optionee are intended to satisfy the requirements of (incentive stock options( ((ISOs() within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. In the event that the Fair Market Value of the Common Stock subject to such grant to the Optionee exceeds $100,000 per vesting event, then the excess of each installment shall be deemed non statutory stock options (not qualifying as ISOs). B. Options awarded to the Optionee shall continue to vest annually during such period that he serves as an employee, director or director emeritus of Roma Bank (the (Bank() or the Company. C. Notwithstanding anything herein to the contrary, in no event shall any Options granted herein be exercisable for a period of six months from the Date of Grant, except in the event of the death or Disability of the Optionee or a Change in Control of the Company. Upon the death or Disability of the Optionee or a Change in Control, all such Options shall be immediately 100% vested and exercisable. D. Upon termination of service for any reason, other than Disability or death, such Options shall cease to be exercisable three months from the date of termination of employment. E. Upon Disability, all Options shall be deemed immediately exercisable for a period not to exceed one year from such date of Disability. F. Upon death, all Options shall be immediately exercisable by the estate for two years from the date of death, not to exceed initial option term. G. Upon termination of employment with the Company or the Bank, if the Optionee continues status as a director or director emeritus of the Bank or the Company, the Optionee is entitled to continue to exercise any such Options during such continued service as a director or director emeritus, provided that if such Options are not exercised within three months of termination of employment, then such Options shall thereafter be deemed a Non-Statutory Stock Option.

Exercises of Option. This Option shall be exercisable in accordance with provisions of the Plan, provided the holder of such Option is an employee, director or director emeritus of the Company as of such date, as follows: (a) Schedule of Rights to Exercise.

Exercises of Option. This Option shall be exercisable in accordance with provisions of the Plan, provided the holder of such Option is an employee, director or director emeritus of the Company as of such date, as follows: (a) Schedule of Rights to Exercise. Percentage of Total Shares Awarded Which Are Exercisable/ Date Options Non-forfeitable ---- ------- --------------- Upon grant 0 0% As of October 19, 2000 _____ 20% As of October 19, 2001 _____ 40% As of October 19, 2002 _____ 60% As of October 19, 2003 _____ 80% As of October 19, 2004 _____ 100% Options awarded to the Optionee shall continue to vest annually during such period that he serves as an employee, director or director emeritus of FloridaFirst Bank or the Company. Notwithstanding any provisions in this Section 2, in no event shall this Option be exercisable prior to six months following the date of grant. Options shall be 100% vested and exercisable upon the death or disability of the Optionee, or upon a Change in Control of the Company, provided that the Plan is approved by a vote of the stockholders of the Company (excluding stock held by FloridaFirst Bancorp MHC) at a stockholder's meeting held more than one year from the Bank's conversion to stock form.

Exercises of Option. This Option shall be exercisable in accordance with provisions of the Plan, provided the holder of such Option is an employee, director or director emeritus of Roebling Bank (the "Bank") or the Company as of such date, as follows:

Exercises of Option. This Option shall be exercisable in accordance with provisions of the Plan, provided the holder of such Option is an employee of the Company or Teche Federal Savings Bank as of such date, as follows:

Exercises of Option. This Option shall be exercisable in accordance with provisions of the Plan as follows: