SEC Contract Filing

Filing Date: 2016-05-19

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>v440439_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.2</B></P>

<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="margin: 0; text-align: left"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>MW BANCORP, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>2016 EQUITY INCENTIVE PLAN </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><U>NON-QUALIFIED STOCK OPTION </U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><U>AWARD AGREEMENT</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">MW Bancorp, Inc. (the &ldquo;<U>Company</U>&rdquo;)
hereby grants the undersigned Participant a Non-Qualified Stock Option Award (the &ldquo;<U>Options</U>&rdquo;), subject to the
terms and conditions described in the MW Bancorp, Inc. 2016 Equity Incentive Plan (the &ldquo;<U>Plan</U>&rdquo;) and this Non-Qualified
Stock Option Award Agreement (this &ldquo;<U>Award Agreement</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify"><I>Name of Participant</I>: __________________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2.</TD><TD STYLE="text-align: justify"><I>Grant Date:</I> ____________, 20___ (the &ldquo;<U>Grant Date</U>&rdquo;).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3.</TD><TD STYLE="text-align: justify"><I>Award of Non-Qualified Stock Options: </I>The number of Shares subject to the Options granted
pursuant to this Award Agreement is equal to _______ (such number being subject to adjustment as provided in Section 3.4 of the
Plan) on the terms and conditions and at the Exercise Price all as set forth in this Award Agreement. The Options may be exercised
in whole or in part and from time to time as hereinafter provided.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">4.</TD><TD STYLE="text-align: justify"><I>Exercise Price per Share:</I> The &ldquo;Exercise Price&rdquo; per Share at which the Participant
will be entitled to purchase the Stock covered by the Options will be $________ per Share.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">5.</TD><TD STYLE="text-align: justify"><I>Vesting: </I>The Options will vest according to the following schedule, subject to the Participant&rsquo;s
continued employment or service with the Company on the Vesting Date.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

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<TR STYLE="vertical-align: top">
 <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 12pt; text-align: center"><B>Date of Vesting (&ldquo;Vesting Date&rdquo;)</B></TD>
 <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 12pt; text-align: center"><B>Number of Shares to Vest on Vesting Date</B></TD></TR>
<TR STYLE="vertical-align: top">
 <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 6pt; padding-bottom: 6pt; text-align: center">First Anniversary of Grant Date</TD>
 <TD STYLE="border-bottom: Black 1pt solid; padding-top: 6pt; padding-bottom: 6pt; text-align: center">[not greater than 33.34%]</TD></TR>
<TR STYLE="vertical-align: top">
 <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 6pt; padding-bottom: 6pt; text-align: center">Second Anniversary of Grant Date</TD>
 <TD STYLE="border-bottom: Black 1pt solid; padding-top: 6pt; padding-bottom: 6pt; text-align: center">[______]</TD></TR>
<TR STYLE="vertical-align: top">
 <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1