EX-10.2
from S-8
5 pages
This Restricted Stock Agreement (“Restricted Stock Award” or “Agreement”) Is and Will Be Subject in Every Respect to the Provisions of the Blue Foundry Bancorp 2022 Equity Incentive Plan (The “Plan”), Which Are Incorporated Herein by Reference and Made a Part Hereof, Subject to the Provisions of This Agreement. a Copy of the Plan Has Been Provided or Made Available to Each Person Granted a Restricted Stock Award Pursuant to the Plan. the Holder of This Restricted Stock Award (The “Participant”) Hereby Accepts the Restricted Stock Award, Subject to All the Terms and Provisions of the Plan and This Agreement, and Agrees That All Decisions Under and Interpretations of the Plan and This Agreement by the Compensation Committee of the Board of Directors of the Company (The “Committee”) Will Be Final, Binding and Conclusive Upon the Participant and the Participant’s Heirs, Legal Representatives, Successors and Permitted Assigns. Except Where the Context Otherwise Requires, the Term “Company” Means Blue Foundry Bancorp, Including Its Present and Future Subsidiaries as Defined in Section 424(e) and 424(f) of the Internal Revenue Code of 1986, as Amended From Time to Time (The “Code”). Capitalized Terms Used Herein but Not Defined Will Have the Same Meaning as in the Plan. 1. Name of Participant: 2. Date of Grant: , 20___. 3. Total Number of Shares of Company Common Stock, $0.01 Par Value Per Share, That May Be Acquired Pursuant to This Option: (Subject to Adjustment Pursuant to Section 8 Hereof). 4. Vesting Schedule. Except as Otherwise Provided in This Agreement and the Plan, This Restricted Stock Award First Becomes Earned in Accordance With the Vesting Schedule Specified Herein
12/34/56