Employee Stocks Option Grant Notice

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Employee Stocks Option Grant Notice

Employee Stocks Option Grant Notice

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

EMPLOYEE STOCK OPTION GRANT NOTICE

DATE: {{date}}

EMPLOYEE NAME: {{employee_name}}

EMPLOYEE ADDRESS: {{employee_address}}

EMPLOYEE ID: {{employee_id}}

Grant of Stock Options

This Notice confirms the grant of an option (the 'Option') to purchase ordinary shares of {{company_name}} (the 'Company') to the Employee named above, pursuant to the terms and conditions set forth in this Notice and the Company's Employee Stock Option Plan (the 'Plan') and the attached Stock Option Agreement (the 'Agreement'). By accepting this Option, the Employee agrees to all the terms and conditions contained herein, in the Plan, and in the Agreement.

Key Option Details

GRANT DATE: {{grant_date}}

NUMBER OF SHARES: {{number_of_shares}} ordinary shares

EXERCISE PRICE PER SHARE: {{exercise_price_per_share}} ({{currency}})

TOTAL EXERCISE PRICE: {{total_exercise_price}} ({{currency}})

VESTING COMMENCEMENT DATE: {{vesting_commencement_date}}

EXPIRATION DATE: {{expiration_date}}

Vesting Schedule

The Option shall vest according to the following schedule, provided the Employee remains continuously employed by the Company:

- {{vesting_percentage_1}}% of the shares subject to the Option shall vest on {{vesting_date_1}}.

- Thereafter, {{vesting_percentage_2}}% of the shares subject to the Option shall vest annually on each anniversary of the Vesting Commencement Date until fully vested.

In the event of a Change of Control (as defined in the Plan), the vesting of the unvested portion of this Option may accelerate as per the terms of the Plan and the Agreement.

Exercise of Option

The vested portion of the Option may be exercised by the Employee at any time after vesting, up to the Expiration Date, by delivering a written notice of exercise to the Company's Secretary, along with payment of the total exercise price in cash, by cheque, or any other method approved by the Board of Directors.

Upon exercise, the Company shall issue the shares to the Employee as soon as reasonably practicable.

Termination of Employment

In the event of termination of the Employee's employment with the Company for any reason, the unvested portion of the Option shall terminate immediately and be forfeited without consideration. The vested portion of the Option may be exercised within {{exercise_period_after_termination}} days following the termination date, after which it will expire and be forfeited.

Governing Law

This Notice, the Plan, and the Agreement shall be governed by and construed in accordance with the laws of {{country_of_governance}}.

Acknowledgement and Acceptance

By signing below, the Employee acknowledges receipt of this Employee Stock Option Grant Notice, the Company's Employee Stock Option Plan, and the Stock Option Agreement, and agrees to all the terms and conditions contained therein.

___________________________

{{company_name}}

By: ________________________

Name: {{authorised_signer_name}}

Title: {{authorised_signer_title}}

___________________________

Employee Signature

Name: {{employee_name}}

Date: {{signature_date}}