Company: CRCL
Filing Date: 2025-05-27
Form Type: S-1/A
Source: 0001193125-25-126208
Chunk: 266

Company: Circle Internet Group, Inc.
Filing Date: 2025-05-27
Form: S-1/A
Chunk 266
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 and if such event is not cured within 30 days from such notice, the employee may exercise his or her right to resign for Good Reason.

Termination without cause or for good reason (not involving a change in control)

Each of our NEOs is eligible to receive certain termination benefits upon a termination by Circle without “cause” or by such individual for “good
reason,” other than in connection with a change in control of Circle under the Executive Severance Guidelines. Had the NEOs been terminated as of December 31, 2024, they would have been entitled to severance under their original offer letters,
which generally provided for a multiplier on their base

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salary plus their pro rata target bonus. The following table sets forth the payments and benefits each of our NEOs would receive upon a termination by Circle without “cause” or by such individual for “good reason”:

| Name           
 Jeremy Allaire |     | Cash severance                               
 1.5x the sum of base salary and target bonus |     | Benefit continuation                                                                                                    
 Continuation of medical and welfare benefits at Circle’s cost for the 18-month period following the date of termination |     | Equity awards                                                                                     
 Outstanding equity incentive awards will be treated in accordance with their terms and conditions |
|:---------------|:----|:---------------------------------------------|:----|:------------------------------------------------------------------------------------------------------------------------|:----|:--------------------------------------------------------------------------------------------------|
| All other NEOs |     | 1.0x the sum of base salary and target bonus |     | Continuation of medical and welfare benefits at Circle’s cost for the one-year period following the date of termination |     | Vested options will remain exercisable for nine months Other                                      
 outstanding equity incentive awards will be treated in accordance with their terms and conditions |

Termination without cause or for good reason in connection with a change in control Under the Executive Severance Guidelines, in the event that the NEO’s employment is terminated by Circle without “cause” or by such individual for “good reason,” in each case, within three months prior to or 12 months after a “change in control” of Circle, then such individual would be eligible to receive the payments and benefits detailed below. Had the NEOs been terminated as of December 31, 2024, they would have been entitled to severance under their original offer letters, which generally provided for a multiplier on their base salary plus their pro rata target bonus.

| Name           
 Jeremy Allaire |     | Cash benefit                                 
 2.0x the sum