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Formation — Delaware C-Corp

Early Exercise Stock Purchase Agreement (Delaware)

Early Exercise Stock Purchase Agreement (Delaware) — part of the Delaware C-Corp formation suite. Fill in the blanks now; the formation intake will complete the whole packet from one set of answers.

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[COMPANY]

EARLY EXERCISE STOCK PURCHASE AGREEMENT UNDER THE [YEAR] EQUITY INCENTIVE PLAN

THIS AGREEMENT is made by and between [COMPANY], a Delaware corporation (the “Company”), and the individual designated on the signature page hereto as a Purchaser (“Purchaser”).

RECITALS:

WHEREAS, Purchaser holds a stock option dated              to purchase shares of common stock (“Common Stock”) of the Company (the “Option”) pursuant to the Company’s [YEAR] Equity Incentive Plan (the “Plan”).

WHEREAS, the Option consists of a Stock Option Grant Notice and a Stock Option Agreement.

WHEREAS, Purchaser desires to exercise the Option on the terms and conditions contained herein.

WHEREAS, Purchaser wishes to take advantage of the early exercise provision of Purchaser’s Option and therefore to enter into this Agreement.

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