The acquired rebalancing allows you to vary the options that are acquired each year, so that, for example, a greater proportion is acquired in subsequent years. If you leave all these options blank, the recipient`s options immediately start with the frequency you choose. If you participate in our guided plan and let us scan your own contract template or have made changes to our original agreement, here you have the option to choose the document you want to use. Please note that you must select the options in the rest of the schema design that are included in your agreement – for example, the Good Leaver Bad Leaver section must already be included in your agreement. You should always set an exercise period, this is the date on which all options are acquired. If you have already designed a schema and want to distribute options on it, click the first box. Now, if you want to upload your own signed agreements for each distribution, follow these steps. This sub-file also contains minutes of the board of directors, a shareholder resolution and a notice of exercise of the option, all of which can be used with an EMI option scheme. If you participate in our guided plan and let us scan your own contract template, here you have the option to choose the document you want to use: Stock option agreements give the stock exchange (or beneficiary) the opportunity to buy shares at a later time at an agreed price. They provide the stock exchange with a financial advantage if the share price rises during the period in which the option is available. If you choose not to use them and do not automatically return the acquired shares, the exercise of the options will be entirely manual and under your control.

For each new recipient, simply enter their contact information and the number of shares you want to give them. In the last section, you will be asked to select a starting clause: the Cliff Date and Cliff Shares part may seem confusing. All this means is this: the cliff date is the date on which the recipient has their first option vest. The percentage of cliff shares defines the percentage of their total shares that becomes available on the date of the cliff. The acquisition frequency indicates the frequency with which the options are subsequently acquired: monthly, quarterly, semi-annual or annual. Note that this policy may change if the SEC manages to SEC.gov to ensure that the site operates efficiently and remains available to all users. Finally, you can decide if all acquisitions will be accelerated in the event of an exit event. You can also choose the distribution of partial shares between tranches. Since only whole shares are acquired, the decimals can either all be included in the last tranche or adjusted if there is an integer. If a user or application sends more than 10 requests per second, other requests from the IP address may be limited for a short time. Once the request rate has fallen below the threshold for 10 minutes, the user can continue to access the content on SEC.gov. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or should not affect anyone browsing the site SEC.gov.

Current policies limit each user to a maximum of 10 requests per second, regardless of the number of computers used to send requests. To ensure that SEC.gov remains available to all users, we reserve the right to block IP addresses that make excessive requests. Note: We do not provide technical support for developing or debugging scripted download processes. Congratulations! You are now ready to start adding recipients. Almost done! Now you need to set the acquisition schedule (if you want to set one). By using this website, you agree to security monitoring and auditing. For security reasons and to ensure that the public service remains accessible to users, this state computer system uses network traffic monitoring programs to identify unauthorized attempts to upload or modify information, or otherwise cause damage, including attempts to deny service to users. To ensure that our website works well for all users, the SEC monitors the frequency of requests for content SEC.gov to ensure that automated searches do not interfere with other people`s ability to access SEC.gov content. We reserve the right to block IP addresses that make excessive requests. Current policies limit users to a total of no more than 10 requests per second, regardless of the number of computers used to send requests. For more information, see the SEC`s Privacy and Security Policy. Thank you for your interest in the U.S.

Securities and Exchange Commission. Your request rate has exceeded the maximum number of requests allowed per sec second. Your access to SEC.gov is limited to 10 minutes. From there, scroll down and you will have to fill in the following: If you choose not to use an acquisition schedule, but to allow automatic exercise, everything will be transferred at the same time when the acquisition duration period has expired. If you choose to use an acquisition schedule, the site will look a little different: unauthorized attempts to upload information and/or modify information on any part of this site are strictly prohibited and subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. §§ 1001 and 1030). For best practices for efficiently downloading information from SEC.gov, including the latest EDGAR submissions, see sec.gov/developer. You can also sign up for email updates in the SEC Open Data program, including best practices that make downloading data more efficient and SEC.gov improvements that can affect scripted download processes.

For more information, please contact opendata@sec.gov. Whether you choose EMI or Untrusted, you will be redirected to a page that looks the same: the lock is automatically unlocked while waiting 10 minutes. If the maximum allowable SEC application rate continues to be exceeded during the expiration period, the duration of the expiration period will be extended. .