Bank of Commerce Holdings Notice of Exercise of Stock Option by Optionee under 2010 Equity Plan
This document is a notice from an individual (the optionee) to Bank of Commerce Holdings, stating their decision to purchase a specified number of company shares under the 2010 Equity Plan and a prior Option Agreement. The optionee agrees to pay the set price per share and to be bound by the plan's terms. The company will issue the shares upon receipt of payment. The notice includes the optionee's tax identification and other required details.
Exhibit 10.8
BANK OF COMMERCE HOLDINGS
NOTICE OF EXERCISE OF STOCK OPTION BY OPTIONEE
Pursuant to the 2010 Equity Plan and the Option Agreement dated [INSERT], between Bank of Commerce Holdings, a California corporation (the “Company”), and me, [INSERT], I hereby elect to purchase [INSERT] shares of the common stock of the Company (the “Shares”), at the option price of $[INSERT] per share. My certified or cashiers check (or another form of immediately available funds) in the amount of $[INSERT] is enclosed. The shares are to be [issued in one certificate(s) and registered in the name(s) of INSERT].
I certify that my tax identification number is: [INSERT]
I hereby agree to be bound by all of the terms and conditions set forth in the Bank of Commerce Holdings 2010 Equity Plan Agreement.
| Dated: | [INSERT] | ||
| COMPANY | BANK OF COMMERCE HOLDINGS | ||
| a California corporation | |||
| By: | |||
| Print Name: | Samuel D. Jimenez | ||
| Title: | EVP / Chief Operating Officer | ||
| GRANTEE | By: | ||
| Address: | [INSERT] | ||
| [INSERT] |
