Employee Stock Option Agreement Template

10.3 Full agreement. This agreement and plan define the entire agreement and understanding of the parties regarding the granting and exercise of this option and the management of the plan, and have replaced all previous agreements, agreements, plans and agreements regarding the granting and exercise of this option and the management of the plan. 2.3.2. Exercise method. This option must be implemented by written notification to the company (in the form attached to Schedule A) (the “exercise note”). The exercise notification indicates the number of shares for which the option is exercised, as well as other common stock insurance and arrangements that the company requires in accordance with the provisions of the plan. The exercise notification is signed by Optionee and sent, in person or by authenticated mail, to the company secretary or any other authorized representative of the company. The notice of exercise is accompanied by the payment of the exercise price, including the payment of the applicable withholding tax. No shares are issued on the basis of an option, unless such an issue and such exercise comply with all applicable legal provisions and the requirements of a stock exchange where the shares can then be listed.

Provided the shares are transferred for income tax purposes on the day of the exercise of the option for those shares. Each enhanced language [GREEN] is intended for the user. Any language highlighted [YELLOW] is considered optional or conditional by the legal community. Talk to a lawyer before using this document. This document is not a substitute for legal advice or services. For more information, please see our terms of use. 2.13. Business transactions. Where the entity is able to be acquired, any company or company or company or surviving subsidiary or affiliate of that company or affiliate may accept any unpaid premiums under the plan or replace similar share premiums (including an acquisition premium of the same consideration paid to the transaction`s shareholders) for premiums outstanding under the plan. In the event that a business or business or business or surviving company or company does not accept such bonuses in an acquisition or subsidiary of such a company or company, or if similar share premiums are not replaced for premiums outstanding under the plan, i.e. for (i) premiums held by plan participants whose service provider status has not been terminated prior to this event.

the granting of these bonuses (and, if applicable, the period during which these premiums may be exercised) is accelerated and fully explored, and all outstanding restrictions on the acquisition expire at least ten (ten) days before the end of the acquisition (and premiums are waived if not exercised before the completion of the acquisition) and (ii) all other premiums outstanding under the plan are terminated. they are not carried out before the end of the acquisition.