Document:

Exhibit 10.60

AMERICAN
INTERNATIONAL GROUP, INC.

LONG TERM INCENTIVE PLAN

● LTI STOCK OPTION AWARD AGREEMENT

1.            
Status
of Award; Defined Terms.  American International Group, Inc. (“AIG”)
has awarded you stock options (this “Award”) pursuant to the AIG
Long Term Incentive Plan (the “Plan”). This award agreement (“Award
Agreement”), which sets forth the terms and conditions of your Award,
is made pursuant to the Plan, and this Award and Award Agreement are subject to
the terms of the Plan.  Capitalized terms not defined in this Award Agreement
have the meanings ascribed to them in the Plan.

2.            
Award
of Stock Options. 
AIG hereby awards you the number of [time-vesting][performance-vesting]
stock options (“Stock Options”) specified in Schedule A.
Each Stock Option represents a right to purchase one share of Common Stock of
AIG, subject to the terms and conditions set forth in this Award Agreement.

3.            
Vesting;
Expiration. 
The Stock Options are subject to the [time-][performance-] 
vesting and expiration terms specified in Schedule A, subject to earlier
vesting, expiration or termination as provided in this Award Agreement.

4.            
Vesting
in the Event of Termination. The termination treatment set forth in this
Section 4 will supersede that
provided in Section 6 of the Plan.

4.1         
Termination
Generally. 
Except as otherwise provided in this Section 4, if you are
Terminated for any reason, vested Stock Options will remain exercisable for 90
days following your date of Termination (but in no case later than the
expiration date for such Stock Options specified in Schedule A) and any
unvested Stock Options will immediately terminate and be forfeited.

4.2         
Termination
for Cause. 
In the case of your Termination by the Company for Cause, all Stock Options
(whether vested or unvested) will immediately terminate and be forfeited.  

4.3         
Involuntary
Termination, [Retirement], death or Disability.  Subject to Section 4.3, in the case of your
Termination by the Company without Cause [or your Retirement,]  or
your death or Disability, (i) any vested Stock Options will remain exercisable
for [three years]  following your date of Termination (or date of
death or Disability, as applicable), (ii) any unvested time-vesting Stock
Options will be deemed to have attained their respective time-vesting requirements
and remain exercisable for [three years]  following your date of
Termination (or date of death or Disability, as applicable), and (iii)
any unvested performance-vesting Stock Options will (a) be deemed to have
attained their respective time-vesting requirements, if any, (b) continue to be
eligible to vest in accordance with their respective terms specified in Schedule
A and (c) become exercisable for [three years]  following your
date of Termination (or date of death or Disability, as applicable); provided
that no Stock Options will remain exercisable beyond the expiration date
for such Stock Options specified in Schedule A.  For the avoidance of
doubt, the Stock Options do not qualify for Qualifying Resignation treatment.
For the
avoidance of doubt, a Termination without Cause as provided in this Section 4.3
shall not include a resignation that you may assert was a constructive
discharge.

4.4         
Change
in Control. 
[For outstanding Awards of performance-vesting Stock Options, (1) in the
case of a Change in Control during the applicable Performance Period and your
Termination without Cause within twenty-four months following such Change in
Control, any
unvested performance-vesting Stock Options will immediately vest based on target
performance, unless the Committee determines to use actual performance through
the date of the Change in Control, and (2) in the case of a Change in Control
following an applicable Performance Period and your Termination without Cause
within twenty-four months following such Change in Control, any
performance-vesting Stock Options will immediately vest based on actual
performance for such period. All Stock Options will remain exercisable for [three
years]  following your date of Termination; provided that no Stock
Options will remain exercisable beyond the expiration date for such Stock
Options specified in Schedule A.][For outstanding time-vesting Stock Options,
in the case of a Change in Control and your Termination without Cause within
twenty-four months following such Change in Control, any unvested time-vesting
Stock Options will immediately vest. All Stock Options will remain exercisable for
[three years]  following your date of Termination; provided that
no Stock Options will remain exercisable beyond the expiration date for such
Stock Options specified in Schedule A.  ]   

4.5         
Release
of Claims. 
In the
case of your Termination by the Company without Cause [or your
Retirement], as a condition to the treatment of outstanding Stock
Options set forth in this Section 4, you will be required to execute a form of
release, modified to cover the treatment of outstanding Stock Options,
consistent with Section 6.G of the Plan.

 

-1-

­

 

5.            
Exercisability
of Vested Options. 
Vested Options may be exercised in accordance with procedures set forth in
Section 2.3.5 of the AIG 2013 Omnibus Incentive Plan, including procedures
established by the Company.  Stock Options that are not vested may not be
exercised.  

6.            
Non-Disclosure.  During the term of
your Employment, the Company has permitted and will continue to permit you to
have access to and become acquainted with information of a confidential,
proprietary and/or trade secret nature.  Subject to and in addition to any
confidentiality or non-disclosure requirements to which you were subject prior
to the date you electronically consent to or execute this Award Agreement,
during your Employment and any time thereafter, you agree that (i) all
confidential, proprietary and/or trade secret information received, obtained or
possessed at any time by you concerning or relating to the business, financial,
operational, marketing, economic, accounting, tax or other affairs at the
Company or any client, customer, agent or supplier or prospective client,
customer, agent or supplier of the Company will be treated by you in the
strictest confidence and will not be disclosed or used by you in any manner
other than in connection with the discharge of your job responsibilities
without the prior written consent of the Company or unless required by law, and
(ii) you will not remove or destroy any confidential, proprietary and/or trade
secret information and will return any such information in your possession,
custody or control at the end of your Employment (or earlier if so requested by
the Company). Nothing herein shall prevent you from making or publishing any
truthful statement (a) when required by law, subpoena or court order, (b) in
the course of any legal, arbitral or regulatory proceeding, (c) to any
governmental authority, regulatory agency or self-regulatory organization, or
(d) in connection with any investigation by the Company.

7.            
Non-Solicitation.  Your Employment
with the Company requires exposure to and use of confidential, proprietary
and/or trade secret information (as set forth in Section 6).  Subject to and in
addition to any non-solicitation requirements to which you were subject prior
to the date you electronically consent to or execute this Award Agreement, you
agree that (i) during your Employment with the Company and any time thereafter,
you will not, directly or indirectly, on your own behalf or on behalf of any
other person or entity, solicit, contact, call upon, communicate with or
attempt to communicate with any customer or client or prospective customer or
client of the Company where to do so would require the use or disclosure of
confidential, proprietary and/or trade secret information, and (ii) during your
Employment with the Company and for a period of one year after Employment
Terminates for any reason, you will not, directly or indirectly, regardless of
who initiates the communication, solicit, participate in the solicitation or
recruitment of, or in any manner encourage or provide assistance to any
employee, consultant, registered representative, or agent of the Company to
terminate his or her Employment or other relationship with the Company or to
leave its employ or other relationship with the Company for any engagement in any
capacity or any other person or entity.

8.            
Non-Disparagement.  You agree that
during and after your Employment with the Company, you will not make
disparaging comments about AIG or any of its subsidiaries or affiliates or any
of their officers, directors or employees to any person or entity not
affiliated with the Company.  Nothing herein shall prevent you from making or
publishing any truthful statement (a) when required by law, subpoena or court
order, (b) in the course of any legal, arbitral or regulatory proceeding, (c)
to any governmental authority, regulatory agency or self-regulatory
organization, or (d) in connection with any investigation by the Company.

[SECTION
9 TO BE INSERTED AT DISCRETION OF THE COMMITTEE]

9.            
Notice
of Termination of Employment.  Except where local law prohibits
enforcement, you agree that if you voluntarily resign you will give at
least six months’ written notice to the Company of your voluntary Termination,
which may be working notice or non-working notice at the Company’s sole discretion
and which notice period is waivable by the Company at the Company’s sole
discretion.  This notice period provision supersedes any conflicting notice
period provision contained in the award agreements governing your prior
long-term incentive awards awarded under the Plan.

[SECTION
9 TO BE INSERTED AT DISCRETION OF THE COMMITTEE]

9.           Notice
of Termination of Employment.  Except where local law prohibits
enforcement, you agree that if you voluntarily resign you will give at
least three months’ written notice to the Company of your voluntary
Termination, which may be working notice or non-working notice at the Company’s
sole discretion and which notice period is waivable by the Company at the
Company’s sole discretion.  This notice period provision supersedes any
conflicting notice period provision contained in the award agreements governing
your prior long-term incentive awards awarded under the Plan.

[SECTION 9 TO BE INSERTED AT
DISCRETION OF THE COMMITTEE]

9.         Notice of Termination of Employment.  You agree
that:

9.1         
if
you voluntarily resign you will give at least three months’ written notice to
the Company of your voluntary Termination, which may be working notice or
non-working notice at the Company’s sole discretion and which notice period is waivable
by the Company at the Company’s sole discretion, except to the extent
prohibited by local law; and

 

-2-

­

 

9.2         
if
your employment is not at-will and you or the Company is obligated to give
other advance notice of a Termination by virtue of local law, any applicable
collective bargaining agreement or your employment agreement, such notice
obligation will not be affected by this provision.  As set forth in the
Executive Severance Plan, any severance payment paid in accordance with the ESP
will be reduced by any payment in lieu of notice paid by the Company to you,
and you will cease to have any further entitlement to notice.  

10.         
This
notice period provision supersedes any conflicting notice period provision
contained in any of the award agreements governing your prior long-term
incentive awards awarded under the Plan.

11.         
Clawback/Repayment.  Notwithstanding
anything to the contrary contained herein, in consideration of the grant of
this Award, you agree that you are a Covered Employee under the AIG
Clawback Policy with respect to this Award and any payments
hereunder and, accordingly, this Award and any payments hereunder will
be subject to forfeiture and/or repayment to the extent provided for in the AIG
Clawback Policy, as in effect from time to time, 
if it is determined that a Covered Event (as defined in such Policy)
has occurred.  With respect to this Award and any payments hereunder,
each of the following events is a
“Covered Event” for purposes of the Policy: 

1.            
a material
restatement of all or a portion of AIG’s financial statements occurs and the
Board or Committee determines that recovery of payments under this Award is
appropriate after reviewing all relevant facts and circumstances that
contributed to the restatement, including whether you engaged in misconduct, and
considering issues of accountability;

2.            
payments
under this Award were based on materially inaccurate financial statements or on
performance metrics that are materially inaccurately determined, regardless of
whether you were responsible for the inaccuracy;

3.            
your
failure to properly identify, assess or sufficiently raise concerns about risk,
including in a supervisory role, resulted in a material adverse impact on AIG,
any of AIG’s business units or the broader financial system;

4.            
any
action or omission by you constituted a material violation of AIG’s risk
policies as in effect from time to time; or  

5.            
any
action or omission by you resulted in material financial or reputational harm
to AIG.

12.         
Entire
Agreement. 
The Plan is incorporated herein by reference.  This Award Agreement, the Plan,
the personalized information in Schedule A, and such other documents as
may be provided to you pursuant to this Award Agreement regarding any
applicable service, performance or other vesting conditions and the size of
your Award, constitute the entire agreement and understanding of the parties
hereto with respect to the subject matter hereof and supersede all prior
understandings and agreements with respect to such subject matter.

13.         
Notices.  Any notice or
communication required to be given or delivered to the Company under the terms
of this Award Agreement shall be in writing (which may include an electronic
writing) and addressed to the Corporate Secretary of AIG at its principal
corporate offices as specified in Section 9.E of the Plan or, with respect to
the acceptance of an Award, as specified in Schedule A or the Compensation Plan
Grant Acceptance website.  Any notice required to be given or delivered to you
shall be in writing (including an electronic writing) and addressed to you at
your Company email address or your home address on file in the Company’s
payroll or personnel records.  All notices shall be deemed to have been given
or delivered upon:  personal delivery; electronic delivery or three business
days after deposit in the United States mail by certified or registered mail
(return receipt requested) or one business day after deposit with any return
receipt express courier (prepaid).

14.         
Governing
Law. 
This Award Agreement will be governed by and construed in accordance with the
laws of the State of New York, without regard to principles of conflict of
laws.

15.         
Signatures.  Execution of this
Award Agreement by AIG and/or you may be in the form of an electronic, manual
or similar signature, and such signature shall be treated as an original
signature for all purposes.

-3-

­

 

IN WITNESS WHEREOF,
AMERICAN INTERNATIONAL GROUP, INC. has caused this Award Agreement to be duly
executed and delivered as of the Date of Award specified in Schedule A. 

 

AMERICAN
INTERNATIONAL GROUP, INC.

 

	
   

  	
   

  
	
  Name:

  	
   

  
	
  Title:

  	
   

  

 

 

By your signature, you
(i) acknowledge that a complete copy of this Award Agreement and the Plan have
been made available to you and (ii) agree to all of the terms and conditions
set forth in this Award Agreement and the Plan.

 

	
   

  	
   

  
	
  Name:

  	
   

  

-4-

­

 

Schedule A

● LTI Stock Option Award

	
  Recipient:

  	
  ●

  
	
  Employee ID:

  	
  ●

  
	
  Date of Award:

  	
  ●

  

 

	
  Award(s)

  	
  Number of Stock Options

  	
  Exercise Price

  	
  Vesting Terms

  	
  Expiration Date

  
	
  First Award

  	
  ●

  	
  $●

  	
  ●

  	
  ●

  
	
  [Second Award]

  	
  [●]

  	
  [$●]

  	
  [●]

  	
  [●]

  

[The following termination treatment will
supersede that provided in Section 4 of the Award Agreement and Section 6 of
the Plan:] 

 

	
  Receipt
  Acknowledged:

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Signature

  	
   

  	
  Date

  
	
  Address:

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Street

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  City,

  	
  State

  	
  Zip Code

  	
   

  	
   

  
	 	 	 	 	 	 	 

 

In
order to be eligible to receive your Award, you must agree to and either
electronically consent or sign the Award Agreement within 90 days
of the receipt of this communication.  If you do not electronically consent
to or sign the Award Agreement within 90 days, you may forfeit your Award.

[Insert
instructions]

-5-

­Exhibit 4.1

 

ZQ|CERT#|COY|CLS|RGSTRY|ACCT#|TRANSTYPE|RUN#|TRANS#   . COMMON STOCK PAR VALUE $0.01 COMMON STOCK Shares * * 000000 * * * * * * * *   * * * * * * * * * * * * * 000000 * * * * * * * * * * * * * * * * * * * * *   000000 * * * * * * * * * * * * * * * * * * * * * 000000 * * * * * * * * * * *   * * * * * * * * * * 000000 * * * * * * * * * * * * * * Certificate Number   ZQ00000000 BRIDGEWATER BANCSHARES, INC. INCORPORATED UNDER THE LAWS OF THE   STATE OF MINNESOTA ** Mr. Alexander David Sample **** Mr. Alexander David   Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample ****   Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Alexander David SEE REVERSE FOR CERTAIN DEFINITIONS THIS CERTIFIES   THAT Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr.   Alexander David Sample ***R* Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr.. Alexander David Sample **** Mr. Alexander David Sample   **** David Sample **** Mr. Alexander David Sample **** Mr. Alexander David   Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample ****   Mr. Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr.   Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr. Alexander David Sample ****.Mr. Alexander David Sample   **** Mr. & Alexander David Sample.**** Mr. Alexander David Sample ****   Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr.   Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr.   Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Sample **** Mr. Sample is the owner of   **000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shar*es****0*000Z00**SEhareRs****00O0000**ShHares**U**0000N00**SDhares*R***000E000**DShares**T**000H000**SOhares*U***000S000**AShareNs****00D0000**Shares****0   THIS CERTIFICATE IS TRANSFERABLE IN CITIES DESIGNATED BY THE TRANSFER AGENT,   AVAILABLE ONLINE AT www.computershare.com 00000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****0Z0000E0**ShRares***O*000000*H*ShareUs****0N00000D**SharRes****0E0000D0**ShareAs****0N00000D**SharesZ****00E0000R**SharOes****0*000*00**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**S   FULLY-PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK OF Bridgewater   Bancshares, Inc. (hereinafter called the “Company”), transferable on the   books of the Company in person or by duly authorized attorney, upon surrender   of this Certificate properly endorsed. This Certificate and the shares   represented hereby, are issued and shall be held subject to all of the provisions   of the Articles of Incorporation, as amended, and the Bylaws, as amended, of   the Company (copies of which are on file with the Company and with the   Transfer Agent), to all of which each holder, by acceptance hereof, assents.   This Certificate is not valid unless countersigned and registered by the   Transfer Agent and Registrar. Witness the facsimile signatures of its duly   authorized officers. DATED DD-MMM-YYYY COUNTERSIGNED AND REGISTERED:   COMPUTERSHARE TRUST COMPANY, N.A. TRANSFER AGENT AND REGISTRAR, President and   Chief Executive Officer By Executive Vice President and Corporate Secretary   AUTHORIZED SIGNATURE CUSIP Holder ID Insurance Value Number of Shares DTC   Certificate Numbers 1234567890/1234567890 1234567890/1234567890   1234567890/1234567890 1234567890/1234567890 1234567890/1234567890   1234567890/1234567890 Total Transaction XXXXXX XX X XXXXXXXXXX 1,000,000.00   123456 12345678 123456789012345 PO BOX 43004, Providence, RI 02940-3004   Num/No. Denom. Total 1 2 3 4 5 6 7 1 2 3 4 5 6 1 2 3 4 5 6 MR A SAMPLE DESIGNATION   (IF ANY) ADD 1 ADD 2 ADD 3 ADD 4 CUSIP 108621 10 3

    

 

BRIDGEWATER   BANCSHARES, INC. (Cust) (Minor) (State) and not as tenants in common (Cust)   (Minor) (State) PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF   ASSIGNEE For value received, hereby sell, assign and transfer unto (PLEASE   PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE, OF ASSIGNEE)   Shares of the common stock represented by the within Certificate, and do   hereby irrevocably constitute and appoint Attorney to transfer the said stock   on the books of the within-named Company with full power of substitution in   the premises. Dated: 20 Signature: Signature: Notice: The signature to this   assignment must correspond with the name as written upon the face of the   certificate, in every particular, without alteration or enlargement, or any   change whatever. The IRS requires that the named transfer agent (“we”) report   the cost basis of certain shares or units acquired after January 1, 2011. If   your shares or units are covered by the legislation, and you requested to   sell or transfer the shares or units using a specific cost basis calculation   method, then we have processed as you requested. If you did not specify a   cost basis calculation method, then we have defaulted to the first in, first   out (FIFO) method. Please consult your tax advisor if you need additional   information about cost basis. If you do not keep in contact with the issuer   or do not have any activity in your account for the time period specified by   state law, your property may become subject to state unclaimed property laws   and transferred to the appropriate state. Signature(s) Guaranteed: Medallion   Guarantee Stamp THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE   GUARANTOR INSTITUTION (Banks, Stockbrokers, Savings and Loan Associations and   Credit Unions) WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION   PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15. The following abbreviations, when   used in the inscription on the face of this certificate, shall be construed   as though they were written out in full according to applicable laws or   regulations: TEN COM - as tenants in common UNIF GIFT MIN ACT - Custodian TEN   ENT - as tenants by the entireties under Uniform Gifts to Minors Act JT TEN -   as joint tenants with right of survivorship UNIF TRF MIN ACT - Custodian   (until age ) under Uniform Transfers to Minors Act Additional abbreviations   may also be used though not in the above list.

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