新年pptXXX
STOCK OPTION AGREEMENT
中日翻译
This Stock Option Agreement (the "Option Agreement") is made and entered into with effect from the date of grant t forth below (the "Date of Grant") by and between XXX, a Cayman Islands corporation (or any successor corporation, the "Company"), and the Participant named below (the "Participant"). Capitalized terms not defined herein shall have the meaning ascribed to them in the XXX Employee Stock Option Plan (the "Plan").
Name of Participant: XXX
Identification No.: XXX
Nationality:can t stop love XXX
Address: XXX
Shares Subject to Option: XXX
Exerci Price Per Share: US$XXX
Date of Grant: _________________________________
Vesting Commencement势利小人
Date: XXX
Expiration Date: _________________________________
1. Number of Shares. The Company hereby grants to Participant an option (this "Option") to purcha the total number of XXX shares of Ordinary Shares t forth above as Shares Subject to Option (the "Option Shares") at the Exerci Price Per Share t forth above (the "Exerci Price"), subject to all of the terms and conditions of this Option Agreement and the Plan.
2. Option Term. The term of the Option and of this Option Agreement (the "Option Term")
shall commence on the Date of Grant t forth above and, unless the Option is previously terminated pursuant to Section 6 below, shall terminate upon the Expiration Date t forth above. As of the Expiration Date, all rights of the Participant hereunder shall terminate.
3. Vesting Schedule. The Options shall become vested in accordance with the following schedule: twenty five percent (25%) of the aggregate number of options upon the first anniversary of the Vesting Commencement Date, fifty percent (50%) of the aggregate number of options upon the cond anniversary of the Vesting Commencement Date, venty five percent (75%) of the aggregate number of options upon the third anniversary of the Vesting Commencement Date, and the remaining twenty five percent (25%) of the aggregate number of options thereafter on the fourth anniversary of the Vesting Commencement Date, such that the entire stock options such Participant is granted will vest in its entirety over a period of four years.
原来如此日语怎么说4. Acceleration of Vesting. Notwithstanding anything to the contrary contained in this Plan, if a Change in Control of the Company occurs, the Options of the Participant not ve
sted under this Option Agreement shall goal是什么意思vest in full so that such Options shall, immediately prior to the effective date of Change in Control, become exercisable and non-forfeitableankle.
earring5. 抑扬顿挫Exercisability. Except as otherwi provided in Clau 4 and Clau 7 herein, no Option may be exercid at any time prior to the IPO or in violation of applicable laws.
6. Method of Exerci of Option.
(a) Unless otherwi provided in this Agreement, the Option may be exercid only after the IPO, to the extent it is vested, by delivering to the Company an executed stock option exerci notice in the form attached hereto as Exhibit Aat least, or in such other form as may be approved by the Board from time to time (the "Exerci Notice"), which shall t forth, inter alia, (i) Participant's election to exerci the Option, (ii) the number of Ordinary Shares being purchad and (iii) any reprentations, warranties and agreements regarding Participant's investment intent and access to information as may be required by the Company to comply with applicable curities laws, and payment in full of the aggregate Exerci Price of the Option Shares being purchad. If someone other than t
he Participant exercis the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exerci the Option.
