SHARE OPTION AGREEMENT
Name: Plan:
Address:
Grant: Option to purcha
shares of the ordinary share capital of
Signature: Exerci Price:
Grant Date:
Effective on the Grant Date you have been granted an option to purcha the number of Shares of the Company at the exerci price designated above, in accordance with the provisions of the 2008 Share Incentive Plan (the “Plan”). This option may be exercid for
whole shares only. All terms ud but not defined herein shall have the meanings assigned to them in the Plan.
如何提升记忆力Subject to the terms hereof and the Plan, the options shall vest and become exercisable according to the following terms and schedule:
(a)You may not vest until after the first anniversary of the date when the Options are granted (“the Commencement Date”); and
(b)Options granted may vest 25% on the first anniversary of the date when the Options are granted (“First Vesting Date”)闪闪红星观后感; and
(c)The rest of the Options granted can vest at a rate of 12.5% every 6 months after the First Vesting Date over a period of 36 months.
In the event of the termination of your employment or rvice for the Company, for any reason,whether such termination is occasioned by you,or by the Company or any of its Subsidiaries or Related Entities, or with or without cau or by mutual agreement or if
you cea to be employed by a Related Entity either through sale or otherwi (“Termination of Service放荡者”天天健身), your right to vest in your option under the Plan, if any, will terminate effective as of the earlier of: (i) the date that you give or are provided with written notice of Termination of Service, or (ii) if you are an employee of the Company or any of its Subsidiaries, the date that you are no longer actively employed and physically prent on the premis of the Company or any of its Subsidiaries, regardless of any notice period or period of pay in lieu of such notice required under any applicable statute or the common law (each, the 含沙量“Notice Period”. For greater clarity, you have no rights to vest in your option during the Notice Period.
Notwithstanding anything to the contrary herein, if your Termination of Service is by reason of cau, then your right to exerci the option shall terminate concurrently with your Termination of Service. For this purpo cau shall have the meaning as expressly defined in any then-effective written agreement regarding your employment with the Company, any Subsidiary or Related Entity or, in the abnce of such then-effective written agreement and definition, is bad on the determination of the Committee that yo年计划怎么写
u have: (i) performed an act or failed to perform any act in bad faith and to the detriment of the Company, a Subsidiary or any Related Entity; (ii) engaged in dishonesty, intentional misconduct or material breach of any agreement with the Company, a Subsidiary or a Related Entity; or (iii) committed a crime involving dishonesty, breach of trust, or physical or emotional harm to any person.
The option may not be exercid until vested. Once vested, the option may be exercid in whole or any part,at any time. However, a vested option must be exercid,if at all,prior to the earlier of:
(a)one year following your Termination of Service with the Company, its Subsidiaries and Related Entities by reason of death or Disability;
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(b)90 days following your last day of active employment or rvice with or for the Company, its Subsidiary or Related Entities for any reason other than death or Disability; for this purpo your last day of active employment or rvice will be deemed to occur on the date of the closing of the sale of all or substantially all of the stock or asts of a Subs
idiary or Related Entity for which you are employed at the time of the transaction;
(c)the third anniversary after each respective Vesting Date;