April 11, 2021 - No Comments!

Option Agreement Shares Template

1. Exercise of the option. Effective from today, [optionee] decision to exercise the option option, to acquire shares of the common share (the "shares") of a Delaware company (the "Company") in accordance with the Equity Incentive Plan that has been amended from time to time (the "Plan") and the option agreement of the date [option date). The wholesale terms that are used in the absence of a definition have the meaning indicated in the option agreement. 2.16.2. full agreement; The application of rights. This agreement, together with the notification attached to this agreement and the plan, includes the overall agreement and understanding of the parties as to the purpose of this agreement and, in this context, and brings together all prior discussions between the parties. Unless the plan provides for it, no amendment or amendment to this agreement or a waiver of the rights of this agreement is effective, unless the parties to this agreement have signed in writing. The inability of one of the parties to enforce the rights of this agreement should not be construed as a waiver to the right of that party. 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.

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