Document:

EX-10.11

Exhibit 10.11

ANCESTRY.COM INC.

GRANT NOTICE FOR 2009 STOCK INCENTIVE PLAN

RESTRICTED STOCK UNITS

FOR GOOD AND VALUABLE CONSIDERATION, Ancestry.com Inc. (the “Company”), hereby grants to
Participant named below the number of restricted stock units specified below (the “Award”), upon
the terms and subject to the conditions set forth in this Grant Notice, the Ancestry.com Inc. 2009
Stock Incentive Plan (the “Plan”) and the Standard Terms and Conditions (the “Standard Terms and
Conditions”) adopted under such Plan and provided to Participant, each as amended from time to
time. Each restricted stock unit subject to this Award represents the right to receive one share
of the Company’s common stock, par value $0.001 (the “Common Stock”), subject to the conditions set
forth in this Grant Notice, the Plan and the Standard Terms and Conditions. This Award is granted
pursuant to the Plan and is subject to and qualified in its entirety by the Standard Terms and
Conditions.

	 	 	 	 	 	 
	 	Name of Participant:
	 	 	 	 
	 	Grant Date:
	 	 	 	 
	 	Number of restricted stock units subject to the Award:
	 	 	 	 
	 	Vesting Schedule:
	 	 	 	 
	 

By accepting this Grant Notice, Participant acknowledges that he or she has received and read, and
agrees that this Award shall be subject to, the terms of this Grant Notice, the Plan and the
Standard Terms and Conditions.

	 	 	 	 	 	 	 
	ANCESTRY.COM INC.

	 	Participant Signature

	 	 
	 

	 	 	 	 	 	 
	By

	 	 
 

	 	 	 	 
	 
	Title:

	 	 
 

	 	Address (please print):	 	 
	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	 

	 	 

 

 

ANCESTRY.COM INC.

STANDARD TERMS AND CONDITIONS FOR

RESTRICTED STOCK UNITS

These Standard Terms and Conditions apply to the Award of restricted stock units granted to an
employee or a nonemployee director of the Company pursuant to the Ancestry.com Inc. 2009 Stock
Incentive Plan (the “Plan”), which are evidenced by a Grant Notice or an action of the
Administrator that specifically refers to these Standard Terms and Conditions. In addition to
these Terms and Conditions, the restricted stock units shall be subject to the terms of the Plan,
which are incorporated into these Standard Terms and Conditions by this reference. Capitalized
terms not otherwise defined herein shall have the meaning set forth in the Plan.

1. TERMS OF RESTRICTED STOCK UNITS

Ancestry.com Inc., a Delaware corporation (the “Company”), has granted to the Participant
named in the Grant Notice provided to said Participant herewith (the “Grant Notice”) an
award of a number of restricted stock units (the “Award” or the “Restricted Stock Units”)
specified in the Grant Notice. Each Restricted Stock Unit represents the right to receive
one share of the Company’s common stock, $0.001 par value per share (the “Common Stock”),
upon the terms and subject to the conditions set forth in the Grant Notice, these Standard
Terms and Conditions, and the Plan, each as amended from time to time. For purposes of
these Standard Terms and Conditions and the Grant Notice, any reference to the Company shall
include a reference to any Subsidiary.

2. VESTING OF RESTRICTED STOCK UNITS

The Award shall not be vested as of the Grant Date set forth in the Grant Notice and shall
be forfeitable unless and until otherwise vested pursuant to the terms of the Grant Notice
and these Standard Terms and Conditions. After the Grant Date, subject to termination or
acceleration as provided in these Standard Terms and Conditions and the Plan, the Award
shall become vested as described in the Grant Notice with respect to that number of
Restricted Stock Units as set forth in the Grant Notice. Notwithstanding anything contained
in these Standard Terms and Conditions to the contrary: (i) if the Participant’s Termination
of Employment is by reason of death or Disability before all of the Restricted Stock Units
have vested, a pro rata portion of the Restricted Stock Units shall become vested, and,
unless otherwise determined by the Administrator, the remaining Restricted Stock Units shall
be forfeited and canceled as of the date of such Termination of Employment, and (ii) except
as provided in Section 5 below, if the Participant’s Termination of Employment is for any
reason other than death or Disability, any then unvested Restricted Stock Units held by the
Participant shall be forfeited and canceled as of the date of such Termination of
Employment. For purposes of this Section 2, “pro-rata portion” means a percentage, where
the numerator is the portion of the vesting period of the Restricted Stock Units that
expired prior to the Participant’s Termination of Employment, and the denominator is the
number of days in such period.

 

 

3. SETTLEMENT OF RESTRICTED STOCK UNITS

Vested Restricted Stock Units shall be settled by the delivery to the Participant or a
designated brokerage firm of one share of Common Stock per vested Restricted Stock Unit as
soon as reasonably practicable following the vesting of such Restricted Stock Units, and in
all events no later than March 15 of the year following the year of vesting (unless delivery
is deferred pursuant to a nonqualified deferred compensation plan in accordance with the
requirements of Section 409A of the Code).

4. RIGHTS AS STOCKHOLDER

The Participant shall have no voting rights or the right to receive any dividends with
respect to shares of Common Stock underlying Restricted Stock Units unless and until such
shares of Common Stock are reflected as issued and outstanding shares on the Company’s stock
ledger.

5. CHANGE IN CONTROL

Unless otherwise provided in an employment, severance or other agreement between the Company
and the Participant, the following provisions shall apply in the event a Change in Control
occurs while the Restricted Stock Units are outstanding:

	 	A.	 	If the Restricted Stock Units are not continued, assumed, converted or
substituted for immediately following the Change in Control, the Restricted Stock Units
shall become fully vested immediately prior to the Change in Control.
	 
	 	B.	 	If the Restricted Stock Units are continued, assumed, converted or substituted
for, the Restricted Stock Units shall be treated as determined by the Administrator.

6. RESTRICTIONS ON RESALES OF SHARES

The Company may impose such restrictions, conditions or limitations as it determines
appropriate as to the timing and manner of any resales by the Participant or other
subsequent transfers by the Participant of any Common Stock issued in respect of vested
Restricted Stock Units, including without limitation (a) restrictions under an insider
trading policy, (b) restrictions designed to delay and/or coordinate the timing and manner
of sales by Participant and other holders and (c) restrictions as to the use of a specified
brokerage firm for such resales or other transfers.

7. INCOME TAXES

The Company shall not deliver shares in respect of any Restricted Stock Units unless and
until the Participant has made arrangements satisfactory to the Administrator to satisfy
applicable withholding tax obligations. Unless the Participant pays the withholding tax
obligations to the Company by cash or check in connection with the delivery of the Common
Stock, withholding may be effected, at the Company’s option, by withholding Common Stock
issuable in connection with the vesting of the Restricted Stock Units (provided that shares
of Common Stock may be withheld only to the extent that such

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withholding will not result in adverse accounting treatment for the Company). The
Participant acknowledges that the Company shall have the right to deduct any taxes required
to be withheld by law in connection wit the delivery of the Restricted Stock Units from any
amounts payable by it to the Participant (including, without limitation, future cash wages).

8. NON-TRANSFERABILITY OF AWARD

The Participant represents and warrants that the Restricted Stock Units are being acquired
by the Participant solely for the Participant’s own account for investment and not with a
view to or for sale in connection with any distribution thereof. The Participant further
understands, acknowledges and agrees that, except as otherwise provided in the Plan or as
permitted by the Administrator, the Restricted Stock Units may not be sold, assigned,
transferred, pledged or otherwise directly or indirectly encumbered or disposed of except
other than by will or the laws of descent and distribution and to the extent expressly
permitted hereby and at all times in compliance with the U.S. Securities Act of 1933, as
amended, and the rules and regulations of the Securities Exchange Commission thereunder, and
in compliance with applicable state securities or “blue sky” laws and non-U.S. securities
laws.

9. OTHER AGREEMENTS SUPERSEDED

The Grant Notice, these Standard Terms and Conditions and the Plan constitute the entire
understanding between the Participant and the Company regarding the Restricted Stock Units.
Any prior agreements, commitments or negotiations concerning the Restricted Stock Units are
superseded.

10. LIMITATION OF INTEREST IN SHARES SUBJECT TO RESTRICTED STOCK UNITS

Neither the Participant (individually or as a member of a group) nor any beneficiary or
other person claiming under or through the Participant shall have any right, title,
interest, or privilege in or to any shares of Common Stock allocated or reserved for the
purpose of the Plan or subject to the Grant Notice or these Standard Terms and Conditions
except as to such shares of Common Stock, if any, as shall have been issued to such person
upon vesting of the Restricted Stock Units. Nothing in the Plan, in the Grant Notice, these
Standard Terms and Conditions or any other instrument executed pursuant to the Plan shall
confer upon the Participant any right to continue in the Company’s employ or service nor
limit in any way the Company’s right to terminate the Participant’s employment at any time
for any reason.

11. GENERAL

In the event that any provision of these Standard Terms and Conditions is declared to be
illegal, invalid or otherwise unenforceable by a court of competent jurisdiction, such
provision shall be reformed, if possible, to the extent necessary to render it legal, valid
and enforceable, or otherwise deleted, and the remainder of these Standard Terms and

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Conditions shall not be affected except to the extent necessary to reform or delete such
illegal, invalid or unenforceable provision.

The headings preceding the text of the sections hereof are inserted solely for convenience
of reference, and shall not constitute a part of these Standard Terms and Conditions, nor
shall they affect its meaning, construction or effect.

These Standard Terms and Conditions shall inure to the benefit of and be binding upon the
parties hereto and their respective permitted heirs, beneficiaries, successors and assigns.

These Standard Terms and Conditions shall be construed in accordance with and governed by
the laws of the State of Delaware, without regard to principles of conflicts of law.

All questions arising under the Plan or under these Standard Terms and Conditions shall be
decided by the Administrator in its total and absolute discretion.

12. ELECTRONIC DELIVERY

By executing the Grant Notice, the Participant hereby consents to the delivery of
information (including, without limitation, information required to be delivered to the
Participant pursuant to applicable securities laws) regarding the Company and the
Subsidiaries, the Plan, and the Restricted Stock Units via Company web site or other
electronic delivery.

5EX-10.12

Exhibit
10.12

ANCESTRY.COM INC.

GRANT NOTICE FOR 2009 STOCK INCENTIVE PLAN

NONQUALIFIED STOCK OPTIONS

FOR GOOD AND VALUABLE CONSIDERATION, Ancestry.com Inc. (the “Company”), hereby grants to
Participant named below the nonqualified stock option (the “Option”) to purchase any part or all of
the number of shares of its common stock, par value $0.001 (the “Common Stock”), that are covered
by this Option, as specified below, at the Exercise Price per share specified below and upon the
terms and subject to the conditions set forth in this Grant Notice, the Ancestry.com Inc. 2009
Stock Incentive Plan (the “Plan”) and the Standard Terms and Conditions (the “Standard Terms and
Conditions”) promulgated under such Plan, each as amended from time to time. This Option is
granted pursuant to the Plan and is subject to and qualified in its entirety by the Standard Terms
and Conditions.

	 	 	 	 	 	 
	 	Name of Participant:
	 	 	 	 
	 	Grant Date:
	 	 	 	 
	 	Number of Shares of Common Stock covered by Option:
	 	 	 	 
	 	Exercise Price Per Share:

	 	 	$ 	 
	 	Expiration Date:
	 	 	 	 
	 	Vesting Schedule:
	 	 	 	 
	 

This Option is not intended to qualify as an incentive stock option under Section 422 of the
Internal Revenue Code of 1986, as amended. By accepting this Grant Notice, Participant
acknowledges that he or she has received and read, and agrees that this Option shall be subject to,
the terms of this Grant Notice, the Plan and the Standard Terms and Conditions.

	 	 	 	 	 
	ANCESTRY.COM INC.
	 	 
	 

	 	 	 	 
	 

	 	 	 	Participant Signature
	By
	 	 	 	 
	 

	 	 	 	 
	 
	Title:

	 	 	 	Address (please print):
	 

	 	 
 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 

 

 

ANCESTRY.COM INC.

STANDARD TERMS AND CONDITIONS FOR

EMPLOYEE NONQUALIFIED STOCK OPTIONS

These Standard Terms and Conditions apply to the Options granted pursuant to the Ancestry.com Inc.
2009 Stock Incentive Plan (the “Plan”), which are identified as nonqualified stock options and are
evidenced by a Grant Notice or an action of the Administrator that specifically refers to these
Standard Terms and Conditions. In addition to these Terms and Conditions, the Option shall be
subject to the terms of the Plan, which are incorporated into these Standard Terms and Conditions
by this reference. Capitalized terms not otherwise defined herein shall have the meaning set forth
in the Plan.

	1.	 	TERMS OF OPTION
	 
	 	 	Ancestry.com Inc. (the “Company”), has granted to the Participant named in the Grant Notice
provided to said Participant herewith (the “Grant Notice”) a nonqualified stock option (the
“Option”) to purchase up to the number of shares of the Company’s common stock (the “Common
Stock”), set forth in the Grant Notice. The exercise price per share and the other terms
and subject to the conditions of the Option are set forth in the Grant Notice, these
Standard Terms and Conditions (as amended from time to time), and the Plan. For purposes of
these Standard Terms and Conditions and the Grant Notice, any reference to the Company shall
include a reference to any Subsidiary.

	2.	 	NON-QUALIFIED STOCK OPTION
	 
	 	 	The Option is not intended to be an incentive stock option under Section 422 of the Internal
Revenue Code of 1986, as amended (the “Code”) and will be interpreted accordingly.

	3.	 	EXERCISE OF OPTION
	 
	 	 	The Option shall not be exercisable as of the Grant Date set forth in the Grant Notice.
After the Grant Date, to the extent not previously exercised, and subject to termination or
acceleration as provided in these Standard Terms and Conditions and the Plan, the Option
shall be exercisable only to the extent it becomes vested, as described in the Grant Notice
or the terms of the Plan, to purchase up to that number of shares of Common Stock as set
forth in the Grant Notice, provided that (except as set forth in Section 4.A below) the
Participant remains employed with the Company and does not experience a Termination of
Employment. The vesting period and/or exercisability of an Option may be adjusted by the
Administrator to reflect the decreased level of employment during any period in which the
Participant is on an approved leave of absence or is employed on a less than full time
basis, provided that the Administrator may take into consideration any accounting
consequences to the Company.

 

 

	 	 	To exercise the Option (or any part thereof), the Participant shall deliver to the Company a
“Notice of Exercise” on a form specified by the Administrator, specifying the number of
whole shares of Common Stock the Participant wishes to purchase and how the Participant’s
shares of Common Stock should be registered (in the Participant’s name only or in the
Participant’s and the Participant’s spouse’s names as community property or as joint tenants
with right of survivorship).
	 
	 	 	The exercise price (the “Exercise Price”) of the Option is set forth in the Grant Notice.
The Company shall not be obligated to issue any shares of Common Stock until the Participant
shall have paid the total Exercise Price for that number of shares of Common Stock. The
Exercise Price may be paid in Common Stock, cash or a combination thereof, including an
irrevocable commitment by a broker to pay over such amount from a sale of the Common Stock
issuable under the Option, the delivery of previously owned
Common Stock, withholding of shares of Common Stock deliverable upon exercise of the Option,
or in such other manners as may be permitted by the Administrator.
	 
	 	 	Fractional shares may not be exercised. Shares of Common Stock will be issued as soon as
practical after exercise. Notwithstanding the above, the Company shall not be obligated to
deliver any shares of Common Stock during any period when the Company determines that the
exercisability of the Option or the delivery of shares of Common Stock hereunder would
violate any federal, state or other applicable laws.

	4.	 	EXPIRATION OF OPTION
	 
	 	 	The Option shall expire and cease to be exercisable as of the earlier of (a) the Expiration
Date set forth in the Grant Notice or (b) the date specified below in connection with the
Participant’s Termination of Employment:

	 	A.	 	If the Participant’s Termination of Employment is by reason of death or
Disability, the Participant (or the Participant’s estate, beneficiary or legal
representative) may exercise the Option (regardless of whether then vested or
exercisable) until the one-year anniversary of the date of such Termination of
Employment.
	 
	 	B.	 	If the Participant’s Termination of Employment is for any reason other than
death, Disability or Cause, the Participant may exercise any portion of the Option that
is vested and exercisable at the time of such Termination of Employment until the
90-day anniversary of the date of such Termination of Employment. Any portion of the
Option that is not vested and exercisable at the time of such Termination of Employment
shall be forfeited and canceled as of the date of such Termination of Employment.
	 
	 	C.	 	If the Participant’s Termination of Employment is by the Company for Cause, the
entire Option, whether or not then vested and exercisable, shall be immediately
forfeited and canceled as of the date of such Termination of Employment.

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	5.	 	CHANGE IN CONTROL
	 
	 	 	Unless otherwise provided in an employment, severance or other agreement between the Company
and the Participant, the following provisions shall apply in the event a Change in Control
occurs while the Option is outstanding:

	 	A.	 	If the Option is not continued, assumed, converted or substituted for
immediately following the Change in Control, the Option shall become fully vested and
exercisable immediately prior to the Change in Control.
	 
	 	B.	 	If the Option is continued, assumed, converted or substituted for, the Option
shall be treated as determined by the Administrator.

	6.	 	RESTRICTIONS ON RESALES OF SHARES ACQUIRED PURSUANT TO OPTION EXERCISE
	 
	 	 	The Company may impose such restrictions, conditions or limitations as it determines
appropriate as to the timing and manner of any resales by the Participant or other
subsequent transfers by the Participant of any shares of Common Stock issued as a result of
the exercise of the Option, including without limitation (a) restrictions under an insider
trading policy, (b) restrictions designed to delay and/or coordinate the timing and manner
of sales by Participant and other optionholders and (c) restrictions as to the use of a
specified brokerage firm for such resales or other transfers.
	 
	7.	 	INCOME TAXES
	 
	 	 	The Company shall not deliver shares of Common Stock in respect of the exercise of any
Option unless and until the Participant has made arrangements satisfactory to the
Administrator to satisfy applicable withholding tax obligations. Unless the Participant
pays the withholding tax obligations to the Company by cash or check in connection with the
exercise of the Option, withholding may be effected, at the Company’s option, by withholding
Common Stock issuable in connection with the exercise of the Option (provided that shares of
Common Stock may be withheld only to the extent that such withholding will not result in
adverse accounting treatment for the Company). The Participant acknowledges that the
Company shall have the right to deduct any taxes required to be withheld by law in
connection with the exercise of the Option from any amounts payable by it to the Participant
(including, without limitation, future cash wages).
	 
	8.	 	NON-TRANSFERABILITY OF OPTION
	 
	 	 	Except as permitted by the Administrator or as permitted under the Plan, the Participant may
not assign or transfer the Option to anyone other than by will or the laws of descent and
distribution and the Option shall be exercisable only by the Participant during his or

3

 

	 	 	her lifetime. The Company may cancel the Participant’s Option if the Participant attempts to
assign or transfer it in a manner inconsistent with this Section 8.
	 
	9.	 	OTHER AGREEMENTS SUPERSEDED
	 
	 	 	The Grant Notice, these Standard Terms and Conditions and the Plan constitute the entire
understanding between the Participant and the Company regarding the Option. Any prior
agreements, commitments or negotiations concerning the Option are superseded.
	 
	10.	 	LIMITATION OF INTEREST IN SHARES SUBJECT TO OPTION
	 
	 	 	Neither the Participant (individually or as a member of a group) nor any beneficiary or
other person claiming under or through the Participant shall have any right, title,
interest, or privilege in or to any shares of Common Stock allocated or reserved for the
purpose of the Plan or subject to the Grant Notice or these Standard Terms and Conditions
except as to such shares of Common Stock, if any, as shall have been issued to such person
upon exercise of the Option or any part of it. Nothing in the Plan, in the Grant Notice,
these Standard Terms and Conditions or any other instrument executed pursuant to the Plan
shall confer upon the Participant any right to continue in the Company’s employ or service
nor limit in any way the Company’s right to terminate the Participant’s employment at any
time for any reason.
	 
	11.	 	GENERAL
	 
	 	 	In the event that any provision of these Standard Terms and Conditions is declared to be
illegal, invalid or otherwise unenforceable by a court of competent jurisdiction, such
provision shall be reformed, if possible, to the extent necessary to render it legal, valid
and enforceable, or otherwise deleted, and the remainder of these Standard Terms and
Conditions shall not be affected except to the extent necessary to reform or delete such
illegal, invalid or unenforceable provision.
	 
	 	 	The headings preceding the text of the sections hereof are inserted solely for convenience
of reference, and shall not constitute a part of these Standard Terms and Conditions, nor
shall they affect its meaning, construction or effect.
	 
	 	 	These Standard Terms and Conditions shall inure to the benefit of and be binding upon the
parties hereto and their respective permitted heirs, beneficiaries, successors and assigns.
	 
	 	 	These Standard Terms and Conditions shall be construed in accordance with and governed by
the laws of the State of Delaware, without regard to principles of conflicts of law.
	 
	 	 	All questions arising under the Plan or under these Standard Terms and Conditions shall be
decided by the Administrator in its total and absolute discretion.

4

 

	12.	 	ELECTRONIC DELIVERY
	 
	 	 	By executing the Grant Notice, the Participant hereby consents to the delivery of
information (including, without limitation, information required to be delivered to the
Participant pursuant to applicable securities laws) regarding the Company and the
Subsidiaries, the Plan, the Option and the Common Stock via Company web site or other
electronic delivery.

5

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