Employee Stock Option Agreement Template India

In accordance with its equity incentive plan [ongoing] (the “plan”), modified from time to time (the “plan”), [business name] of a Delaware company (the “company”), below concedes the option (“Optionee”), an option to purchase the number of shares of the common share of the entity described below, subject to the terms of the plan and this option agreement (this option agreement). Unless otherwise stated, the terms defined in the plan have the same meanings defined in this option agreement. This form was written only for general information purposes. This is not legal advice, advertising, solicitation or tax advice. The transmission of this form and the information it contains is not intended to create a legal and client relationship, and their receipt does not constitute a legal and client relationship. You should not rely on this document or information for any purpose without seeking the assistance of a properly authorized lawyer, including, but not limited to, the verification and advice on the terms of this form, the necessary authorizations in connection with the transactions provided for in this form and all the securities laws and other legal matters provided in this form. 3.1. No voting rights. Until the certificate of shares acquired as part of the exercise of the option (as evidenced by the corresponding listing in the books of the company or a properly authorized transfer agent of the company), there is no right to vote or obtain dividends or other rights as a shareholder with respect to the shares subject to the option. , regardless of the exercise of the option. The company issues (or is required to issue) this certificate of participation in shares without delay after the exercise of the option. There is no correction for a dividend or other right for which the registration date is set before the date of issuance of the share certificate, unless the plan provides for it. 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.