TO THE OPTION, UNTIL A STOCK CERTIFICATE HAS BEEN DULY ISSUED
FOLLOWING EXERCISE OF THE OPTION AS PROVIDED HEREIN.
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SECTION 17.
AMENDMENT.
THE OPTION TERMS MAY BE
AMENDED IN ACCORDANCE WITH THE PROVISIONS OF THE PLAN, AND MAY OTHERWISE BE
AMENDED BY WRITTEN AGREEMENT OF THE PARTICIPANT AND THE COMPANY WITHOUT THE
CONSENT OF ANY OTHER PERSON.
SECTION 18.
SECTION 409A AMENDMENT.
THE
COMMITTEE RESERVES THE RIGHT (INCLUDING THE RIGHT TO DELEGATE SUCH RIGHT) TO
UNILATERALLY AMEND THIS AWARD AGREEMENT WITHOUT THE CONSENT OF THE PARTICIPANT
IN ORDER TO MAINTAIN AN EXCLUSION FROM THE APPLICATION OF, OR TO MAINTAIN
COMPLIANCE WITH, CODE SECTION 409A.
PARTICIPANT'S ACCEPTANCE OF THIS OPTION
AWARD CONSTITUTES ACKNOWLEDGEMENT AND CONSENT TO SUCH RIGHTS OF THE COMMITTEE.
OLD SECOND BANCORP, INC.
By:
Its:
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