CSOP option certificate

The following Share Incentives precedent provides comprehensive and up to date legal information covering:

  • CSOP option certificate

CSOP option certificate

[insert name of company who granted the company share option plan (CSOP) option] (Company)

Option certificate in respect of an Option granted under the [insert name of CSOP] (Plan)

NameNumber of SharesExercise PriceDate of GrantDate from which Option is exercisable

This is to certify that you are the holder of an Option to acquire up to the maximum number of [insert class and nominal value of shares] shares in the Company (Shares) as stated above. The Option was granted on the Date of Grant stated above under a global deed of grant executed by the Company[ and is subject to the Performance Target(s) attached to this certificate]. Subject to the rules of the Plan, the Option can be exercised from the date referred to above[ to the extent that the Performance Targets have been met at that time], or on certain specified corporate events (as detailed in Rules 7 and 8 of the Plan) or if you leave employment with the Group in specified compassionate circumstances (as detailed in Rule 4.3 of the Plan). The Option will lapse when you leave in any other circumstances, or if any of the other events described in Rule 4.4 of the Plan should occur. The Option will not be capable of exercise in any circumstances

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