Attached files

file filename
10-K - FORM 10-K - PACIFIC CAPITAL BANCORP /CA/d10k.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT - PACIFIC CAPITAL BANCORP /CA/dex21.htm
EX-3.3 - CERTIFICATE OF AMENDMENT OF ARTICLES OF INCORPORATION - PACIFIC CAPITAL BANCORP /CA/dex33.htm
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - PACIFIC CAPITAL BANCORP /CA/dex231.htm
EX-31.2 - CERTIFICATION PURSUANT TO SECTION 302 - DONALD LAFLER - PACIFIC CAPITAL BANCORP /CA/dex312.htm
EX-32.1 - CERTIFICATION PURSUANT TO SECTION 906 - GEORGE S. LEIS AND DONALD LAFLER - PACIFIC CAPITAL BANCORP /CA/dex321.htm
EX-10.1 - 2002 STOCK PLAN - PACIFIC CAPITAL BANCORP /CA/dex101.htm
EX-10.1.3 - FORM OF RESTRICTED RELOAD STOCK OPTION AGREEMENT - PACIFIC CAPITAL BANCORP /CA/dex1013.htm
EX-10.16 - PERFORMANCE-BASED ANNUAL INCENTIVE COMPENSATION PLAN - PACIFIC CAPITAL BANCORP /CA/dex1016.htm
EX-10.3.2 - SECOND AMENDMENT TO INCENTIVE & INVESTMENT & SALARY SAVINGS PLAN - PACIFIC CAPITAL BANCORP /CA/dex1032.htm
EX-31.1 - CERTIFICATION PURSUANT TO SECTION 302 - GEORGE S. LEIS - PACIFIC CAPITAL BANCORP /CA/dex311.htm

Exhibit 10.8.1

Pacific Capital Bancorp

Directors Stock Option Agreement

This confirms the grant by Pacific Capital Bancorp (the “Company”) of a stock option to the Director identified below (“Optionee”) on the terms and conditions set forth below and of the 1996 Directors Stock Option Plan (the “Plan”), the terms of which are incorporated herein.

 

1. Name of Optionee.   

 

 

2. Date of Grant.   

 

3. Number of Shares.                                  shares of Common Stock

4. Exercise Price.                      Dollars ($            ) per share.

5. Type of Option. The Option is a Non-Qualified Stock Option and is not afforded favorable treatment for income tax purposes.

6. Term of Option. The term of the Option will begin as of the date of grant set forth above and, unless sooner terminated in accordance with the terms of the Plan, will expire five (5) years after the date of grant.

7. Expiration. The Option is subject to termination prior to the expiration of the term of the Option set forth above in the event that Optionee ceases to be a Director of the Company or any of its subsidiaries or the occurrence of certain other events specified in the Plan.

8. Exercise. Except as otherwise specifically provided in the Plan, the Option may not be exercised in whole or in part prior to the expiration of six (6) months after the date of grant of the Option. Thereafter the Option may be exercised in whole or in part at any time and from time to time during the term of the Option.

9. Restriction on Transfer of Option. Except as otherwise specifically permitted in the Plan, Optionee may not transfer all or any portion of his/her interest in the Option other than by will or the laws of descent and distribution.

10. Acknowledgement by Optionee. Optionee acknowledges that (a) he/she has received and reviewed a copy of the Plan and (b) the provisions of the Plan are applicable to the Option.

11. Spousal Consent. If Optionee is married, Optionee shall have his/her spouse execute and deliver to the Company a Spousal Consent in the form attached hereto.

 

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12. Terms of Agreement. Wherever the form of this Agreement provides for the inclusion of additional information, such as the addition of Optionee’s name in Section 1 above, such additional information may be added as hand-written information, such information shall be deemed to be part of this Agreement for all purposes and, by his or her execution of this Agreement, Optionee shall be deemed to have accepted such additional information.

 

COMPANY”:      OPTIONEE”:
PACIFIC CAPITAL BANCORP     
By:  

 

    

 

       Signature of Optionee
Its:  

 

    
Address of the Company:      Address of Optionee
1021 Anacapa Street     

 

PO Box 60839     

 

Santa Barbara, CA 93160-0839     

 

Attn:  

 

    

 

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CONSENT OF SPOUSE

I acknowledge that I have read the foregoing Directors Stock Option Agreement (the “Agreement”) and the 1996 Directors Stock Option Plan which is a part of the Agreement, and that I know their contents. I am aware that the Option will vest over a period of time. I hereby approve of the provisions of the Agreement and agree that I will take no action at any time to hinder operation of the Agreement.

 

Date:  

 

   

 

  ,
      spouse of   

 

 

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