Company: CRCL
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001193125-25-132755
Chunk: 261

Company: Circle Internet Group, Inc.
Filing Date: 2025-06-02
Form: S-1/A
Chunk 261
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 Tarbert. We entered into an offer letter with Mr. Tarbert, dated as of February 1, 2025 (the “Tarbert Offer Letter”).
The Tarbert Offer Letter sets forth the terms of Mr. Tarbert’s employment, including his positions and duties, his annual base salary, his target bonus percentage, and his eligibility to participate in our equity incentive plan and benefit
plans generally. Mr. Tarbert is subject to our standard non-solicitation,

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confidentiality, and assignment agreement, which provides for restrictions on employee and customer non-solicitation (during employment and for one year
post-termination), confidentiality (perpetual), and assignment of intellectual property rights.

Nikhil Chandhok.We entered into an offer letter with
Mr. Chandhok, dated as of February 1, 2025 (the “Chandhok Offer Letter”). The Chandhok Offer Letter sets forth the terms of Mr. Chandhok’s employment, including his positions and duties, his annual base salary, his
target bonus percentage, and his eligibility to participate in our equity incentive plan and benefit plans generally. Mr. Chandhok is subject to our standard non-solicitation, confidentiality, and
assignment agreement, which provides for restrictions on employee and customer non-solicitation (during employment and for one year post-termination), confidentiality (perpetual), and assignment of
intellectual property rights.

Other compensation governance practices

Stock ownership guidelines

Effective on the consummation of our
initial public offering, we will require our executive officers and directors meet minimum stock ownership guidelines, as we believe stock ownership is an important tool to strengthen the alignment of interests among our executive officers, non-employee directors, and our stockholders.

Pursuant to the stock ownership guidelines, our Chief Executive Officer, each other
executive officer, and our non-employee directors are required to hold Circle stock with a value equal to 5 times, 3 times, and 3 times, respectively, his or her annual base salary or annual cash retainer fee,
as applicable. Each individual covered by the stock ownership guidelines will be required to satisfy their stock ownership requirements within five years after the later of (i) effectiveness of this prospectus which forms a part of the
registration statement and (ii) such executive officer’s appointment as an executive officer or such non-employee director’s election to the board of directors, as applicable. Compliance with
the ownership guidelines will be measured on December