Document:

Form of Option Agreement under 2000 Stock Option Plan for French Employees

 EXHIBIT 4.2.3 
  
 SYNPLICITY, INC. 
  
 2000 STOCK OPTION PLAN 
  
 STOCK OPTION AGREEMENT FOR FRENCH EMPLOYEES 
  
 Unless otherwise defined herein, the terms defined in the 2000 Stock Option Plan shall have the same defined meanings in this Option Agreement.

  

	I.	 	NOTICE OF STOCK OPTION GRANT 

  

	 Optionee’s Name and Address:
	  	  

	 	  	  

	 	  	  

  
 You have been granted
an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Stock Option Agreement, as follows: 
  

	 Date of Grant:
	  	  

		
	 Vesting Commencement Date:
	  	  

		
	 Exercise Price Per Share
	  	 $

		
	 Total Number of Shares Granted:
	  	  

		
	 Total Exercise Price
	  	 $

		
	 Term/Expiration Date:
	  	  

  
 Vesting
Schedule: 
  
 This Option may be exercised, in whole or in
part, in accordance with the following schedule: Twenty-Five percent (25%) of the Shares subject to this Option shall vest twelve (12) months after the Date of Grant (the “Initial Exercise Date”) and 1/48th of the Shares subject to the Option shall vest each month thereafter on the same day of the month as the Date of Grant, subject to Optionee
continuing to be an Employee on such dates. 
  
 Termination
Period: 
  
 This Option may be exercised for three (3) months
after termination of the Optionee’s employment relationship, for six (6) months after termination of the Optionee’s employment relationship in the case of termination due to death or for twelve (12) months in the case of a termination of
the Optionee’s employment relationship as a result of Disability. The date of 

 termination shall include any notice period, even if not performed by Optionee. In no event may Optionee exercise this
Option after the Term/Expiration Date as provided above. 
  
 Restriction on Sale: 
  
 The Shares
subject to this Option may not be transferred, assigned or hypothecated in any manner otherwise than by will or by the laws of descent or distribution before the date three (3) years after the Initial Exercise Date (the “Holding Period”),
except upon the occurrence of an event provided for by Article 91 ter of Annex II to the French Tax Code. 
  
 Optionee shall be obligated to use a broker of the Company’s choosing or to have Shares held pursuant to an escrow arrangement established by the
Company, in order to insure compliance with the Holding Period and so that the Company may sufficiently track the Shares acquired upon exercise of the Option and the Company shall be given sufficient access to any account Optionee may have with
respect to any such Shares so that the Company may correctly provide any required reports to the French taxing authorities as required by Applicable Laws. Optionee hereby authorizes and directs the Company to hold all Shares exercised subject to
this Option under the Escrow Provisions attached hereto as Exhibit A, for the duration of the Holding Period or until such time as this Agreement is no longer in effect. Optionee hereby appoints the Secretary, or any other person designated
by the Company as escrow agent and shall, upon execution of this Agreement, deliver and deposit with the Secretary of the Company, or such other person designated by the Company, the share certificates representing the Shares. 
  
 The Company, or its designee, shall not be liable for any act it may do or
omit with respect to holding the Shares in escrow and while acting in good faith and in the exercise of its judgment. 
  

	II.	 	AGREEMENT 

  
 1. Grant of Option. The Board of the Company hereby grants to the Optionee named in the Notice of Grant attached as Part I of this Agreement (the
“Optionee”), an option (the “Option”) to purchase a number of Shares, as set forth in the Notice of Grant, at the exercise price per share set forth in the Notice of Grant (the “Exercise Price”), subject to the terms
and conditions of the Plan, which is incorporated herein by reference. Subject to Section 13(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Option Agreement, the terms and
conditions of the Plan shall prevail. 
  
 2. Exercise of
Option. 
  
 (a) Right to Exercise. This Option is
exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Grant and the applicable provisions of the Plan and this Option Agreement. In the event of Optionee’s death, Disability or other termination of
Optionee’s employment relationship, the exercisability of the Option is governed by the applicable provisions of the Plan and this Option Agreement. 
  
 (b) Method of Exercise. This Option is exercisable by delivery of an exercise notice to the Company, in the form attached as Exhibit B (the
“Exercise Notice”), which shall state the election to exercise the Option, the number of Shares in respect of which the Option is being 
  

 2 

 exercised (the “Exercised Shares”), and such other representations and agreements as may be required by the
Company and/or the Subsidiary pursuant to the provisions of the Plan. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the
Company), no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company shall issue to the Optionee (or cause to be issued) such
stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 8 of Appendix A to the
Plan. The Exercise Notice shall be signed by the Optionee and shall be delivered in person or by certified mail to the Secretary of the Subsidiary. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all
Exercised Shares and all applicable taxes. This Option shall be deemed to be exercised upon receipt by the Subsidiary of such fully executed Exercise Notice accompanied by such aggregate Exercise Price and payment of all applicable taxes.

  
 (c) No Shares shall be issued pursuant to the exercise of this
Option unless such issuance and exercise complies with all relevant provisions of law and the requirements of any stock exchange upon which the Shares are then listed. Assuming such compliance, for income tax purposes the Exercised Shares shall be
considered transferred to the Optionee on the date the Option is exercised with respect to such Exercised Shares. 
  
 3. Method of Payment. Payment of the aggregate Exercise Price shall be by any of the following, or a combination thereof, at the election of the
Optionee: 
  
 (a) cash or check (denominated in U.S. Dollars);

  
 (b) wire transfer (denominated in U.S. Dollars);or 

 
 (c) consideration received by the Company under a cashless exercise
program implemented by the Company in connection with the Plan. 
  
 4. Restrictions on Exercise. This Option may not be exercised until such time as the Plan has been approved by the shareholders of the Company, or if the issuance of such Shares upon such exercise or the method of payment of
consideration for such shares would constitute a violation of any Applicable Law. 
  
 5. Non-Transferability of Option. This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by
the Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. 
  
 6. Term of Option. This Option may be exercised only within the term set out in the Notice of Grant, and may be
exercised during such term only in accordance with the Plan and the terms of this Option Agreement. 
  
 7. Withholding. Optionee agrees to make appropriate arrangements with the Company (or the Parent or Subsidiary employing or retaining Optionee) for
the satisfaction of all Federal, 
  

 3 

 state, local and foreign income and employment tax withholding requirements as well as social security charges applicable
to the Option exercise or the disposition of any Shares acquired upon exercise. Optionee acknowledges and agrees that the Company may refuse to honor the exercise and refuse to deliver Shares if such withholding amounts are not delivered at the time
of exercise and may withhold applicable French social security charges from the proceeds of any disposition of Shares that violates the Restriction on Sale set forth in the Notice of Stock Option Grant. 
  
 8. Entire Agreement; Governing Law. The Plan is incorporated herein by
reference. The Plan and this Option Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and Optionee with respect to
the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and Optionee. This agreement is governed by the internal substantive laws but not the choice of law rules
of California. 
  
 9. No Guarantee of Continued Service.
OPTIONEE ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS AN EMPLOYEE AT THE WILL OF THE COMPANY (AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS OPTION OR
ACQUIRING SHARES HEREUNDER). OPTIONEE FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS
AN EMPLOYEE FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL. 
  
 By your signature and the signature of the Company’s representative below, you and the Company agree that this Option is granted under and governed by the terms and conditions of the Plan and this Option Agreement. Optionee has
reviewed the Plan and this Option Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option Agreement and fully understands all provisions of the Plan and Option Agreement. Optionee hereby
agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and Option Agreement. 
  

	 OPTIONEE:
	 	SYNPLICITY, INC.
			
	
	 	By:	 	  

	 Signature
	 	 	 	 
			
	
	 	Title:	 	  

	 Print Name
	 	 	 	 

  

 4 

 EXHIBIT A 
  
 SYNPLICITY, INC. 
  
 2000 STOCK OPTION PLAN 
  
 ESCROW PROVISIONS – FRENCH EMPLOYEES 
  
 1. Option. As set forth in the Notice of Grant, you have been granted the Option under the Plan. The Shares acquired upon exercise of the Option
shall be held by the Company under these Escrow Provisions in an account in your name. 
  
 2. Legal and Equitable Title. Legal and equitable title to the Option and any cash or securities acquired pursuant thereto, shall remain with you at all times, notwithstanding that such items may be held by the
Company pursuant to these Escrow Instructions. 
  
 3. Exercise
of Option. You may instruct the Company to exercise the Option on your behalf at such time or times as permitted by the Notice of Grant, the Option Agreement and the Plan. 
  
 4. Proceeds of Exercise. Shares acquired upon exercise of the Option shall be retained in this Escrow until the date
three (3) years from the Initial Exercise Date (the “Holding Period”); provided, however, that the duration of this restriction on sale shall be automatically adjusted to conform with any changes to the holding period required for
favorable tax and social security treatment under Applicable Laws, as defined in the Plan. Upon the expiration of the Holding Period, you may elect to keep the Shares in your account under these Escrow Provisions or have them distributed to you as
soon as administratively feasible. You may elect to keep any proceeds from any sale of such shares, made following the expiration of the Holding Period, in your account under these Escrow Provisions or to have them distributed to you within ten (10)
business days of the sale, pursuant to such channels as the Company reasonably determines appropriate. 
  
 5. Powers of Company. The Company may take any and all actions, and is hereby granted such powers and discretion, as may appear necessary or proper
to comply with the applicable laws of any jurisdictions and to effectuate and carry out the terms and purposes of this Escrow, including, but not limited to, the power to exercise the Option and hold or dispose of the proceeds of such exercise in
accordance with the terms of these Escrow Provisions. 
  
 6.
Limitation of Liability. The Company shall not be liable for any damage caused by the exercise of its discretion as authorized by these Escrow Provisions for any reason, except gross negligence or willful misconduct. The Company shall not be
liable for honest mistakes of judgment or for losses or liabilities due to such honest mistakes of judgment. 
  
 7. Costs and Expenses of this Escrow. All costs and expenses of these Escrow Provisions shall be borne by the Company. 
  
 8. Governing Law. This Escrow will be administered in the State of
California, and its validity, construction and all rights hereunder, shall be governed by the laws of the State of California; provided, however, that all matters affecting the title, ownership and transferability of 

 any security, whether created or held hereunder, shall be governed by all applicable federal, state, or foreign
securities laws. 
  

	 OPTIONEE
	    	SYNPLICITY, INC.
		
	
	    	

	 Signature
	    	 By

		
	
	    	

	 Print Name
	    	Title
		
	
	    	 
	  

	    	 
	 Residence Address
	    	 

  

 2 

 EXHIBIT B 
  
 SYNPLICITY, INC. 
  
 2000 STOCK OPTION PLAN FOR FRENCH EMPLOYEES 
  
 EXERCISE NOTICE 
  
 [NAME OF SUB] 
 [ADDRESS] 
  
 Attention: General
Secretary 
  
 1. Exercise of Option. Effective as of today,
                    , 20    , the undersigned (“Optionee”) hereby elects to purchase
                     shares (the “Shares”) of the Common Stock of Synplicity, Inc. (the “Company”) under and pursuant to
the 2000 Stock Option Plan (the “Plan”), including Appendix A to the Plan, and the Stock Option Agreement dated                     
(the “Option Agreement”). The purchase price for the Shares shall be U.S. $                    , as required by the Option
Agreement. 
  
 2. Delivery of Payment. Optionee herewith
delivers to the Company the full purchase price for the Shares and any and all applicable taxes. Should any tax or social contribution be due by the Company (or Optionee’s employer) due to the exercise of the Option or the disposition of the
Shares, Optionee hereby agrees that the corresponding amount may be withheld on the proceeds due to Optionee from any sale of the Shares by the broker previously selected by the Company to be used by Optionee and such amount shall be directly paid
to the Company so that the Company may pay the relevant taxing authorities any amounts due. 
  
 3. Representations of Optionee. Optionee acknowledges that Optionee has received, read and understood the Plan and the Option Agreement and agrees to abide by and be bound by their terms and conditions.

  
 4. Rights as Stockholder. Until the stock certificate
evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder shall exist with
respect to the Optioned Stock, notwithstanding the exercise of the Option. 
  
 5. Tax Consultation. Optionee represents that Optionee has consulted with any tax consultants Optionee deems advisable in connection with the purchase or disposition of the Shares and that Optionee is not
relying on the Company for any tax advice. 

 6. Restrictive Legends and Stop-Transfer Orders. 
  
 (a) Legends. Optionee understands and agrees that the Company shall
cause the legends set forth below or legends substantially equivalent thereto, to be placed upon any certificate(s) evidencing ownership of the Shares together with any other legends that may be required by the Company or Applicable Laws:

  

	THE SHARES REPRESENTED BY THIS CERTIFICATE MAY NOT BE TRANSFERRED, ASSIGNED OR HYPOTHECATED IN ANY MANNER OTHER THAN BY WILL OR BY THE LAWS OF DESCENT OR DISTRIBUTION BEFORE THE
DATE THREE (3) YEARS AFTER THE INITIAL EXERCISE DATE, AS SUCH TERM IS DEFINED IN THE STOCK OPTION AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. SUCH
TRANSFER RESTRICTIONS ARE BINDING ON TRANSFEREES OF THESE SHARES.

  
 (b) Stop-Transfer
Notices. Optionee agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its
own securities, it may make appropriate notations to the same effect in its own records. 
  
 (c) Refusal to Transfer. The Company shall not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Exercise Notice or
(ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred. 
  
 7. Successors and Assigns. The Company may assign any of its rights under this Exercise Notice to single or multiple
assignees, and this Exercise Notice shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer herein set forth, this Exercise Notice shall be binding upon Optionee and his or her heirs,
executors, administrators, successors and assigns. 
  
 8.
Interpretation. Any dispute regarding the interpretation of this Exercise Notice shall be submitted by Optionee or by the Company forthwith to the Administrator which shall review such dispute at its next regular meeting. The resolution of
such a dispute by the Administrator shall be final and binding on all parties. 
  
 9. Entire Agreement; Governing Law. The Plan and Option Agreement are incorporated herein by reference. This Agreement, the Plan and the Option Agreement constitute the entire agreement of the parties and
supersede in their entirety all prior undertakings and agreements of the Company and Optionee with respect to the subject matter hereof, and such agreement is governed by the laws of California and the United States of America except for that body
of laws pertaining to conflict of laws. 
  

 2 

	 Submitted by:
	 	Accepted by:

  

		
	 OPTIONEE
	    	SYNPLICITY, INC.
		
	
	    	 By:

	 Signature
	    	 
	
	    	 Its:

	 Print Name
	    	 

  

			
	 Address:
	 	  

	  	 
	 	 	  

	  	 
	 	 	  

	  	 

  

 3Appendix A to 2000 Stock Option Plan - Rules for French Option Grants

 EXHIBIT 4.2.4 
  
 APPENDIX A 
  
 SYNPLICITY, INC. 
  
 TO 2000 STOCK OPTION PLAN 
  
 Rules for French Option Grants 
  
 The following rules shall apply in the case of Option grants to French residents. 
  
 1. Definitions. As used herein, the following definitions shall apply: 
  
 (a) “Applicable Laws” means the legal requirements relating
to the administration of stock option plans under French corporate, securities, and tax laws and regulations. 
  
 (b) “Disability” means total and permanent disability, as defined under Applicable Laws. 
  
 (c) “Employee” means any person employed (within the meaning
of French labor laws) by the Company or any Parent or Subsidiary of the Company, (i) who does not own more than 10% of the voting power of all classes of stock of the Company, or any Parent or Subsidiary of the Company, and (ii) who is a resident of
the Republic of France for tax purposes or who performs his or her duties in France and is subject to French income tax on his or her remuneration. 
  
 (d) “Fair Market Value” means, as of any date, the dollar value of Common Stock determined as follows: 
  
 (i) If the Common Stock is listed on any established stock exchange or a
national market system, including without limitation the Nasdaq National Market of the Nasdaq Stock Market, its Fair Market Value shall be the average quotation price for the last 20 days preceding the date of determination for such stock (or the
average closing bid for such 20 day period, if no sales were reported) as quoted on such exchange or system and reported in The Wall Street Journal or such other source as the Administrator deems reliable; 
  
 (ii) If the Common Stock is quoted on the Nasdaq Stock market (but not on
the Nasdaq National Market thereof) or regularly quoted by a recognized securities dealer but selling prices are not reported, its Fair Market Value shall be the mean between the high bid and low asked prices for the Common Stock for the last 20
days preceding the date of determination; or 
  
 (iii) In the
absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the Administrator, in accordance with Applicable Laws and accounting standards. 
  
 (e) “Parent” means a parent corporation of the Company as
defined under Section 2(v) of the Plan, which is also a parent company within the meaning of Section L. 225-180 of the French commercial code. 

 (f) “Subsidiary” means a subsidiary corporation of the Company as defined under Section
2(bb) of the Plan, which is also a subsidiary company within the meaning of Section L. 225-180 of the French commercial code. 
  
 2. Eligibility. Options granted pursuant to this Appendix A may be granted only to Employees; provided, however, that the Président
Directeur du conseil d’administration, the Général, the Directeur général, the Gérant of a company with capital divided by shares and the administrateurs who are also Employees
of a Subsidiary may be granted Options hereunder. 
  
 3.
Limitations. Neither the Plan nor any Option Agreement shall confer upon any Optionee any right with respect to continuing the Optionee’s employment relationship with the Company. 
  
 4. Stock Subject to the Plan. The total number of Options outstanding
which may be exercised for newly issued Shares of Common Stock may at no time exceed that number equal to one-third of the Company’s voting stock, whether preferred stock of the Company or Common Stock. If any Optioned Stock is to consist of
reacquired Shares, such Optioned Stock must be purchased by the Company prior to the date of the grant of the corresponding new Option and must be reserved and set aside for such purposes. In addition, the new Option must be granted within one (1)
year of the acquisition of the Shares underlying such new Option. 
  
 5. Term of Plan. Options may be granted under this Appendix A from the date of the adoption of the Plan by the Board. It shall continue in effect until the earlier of (i) the termination of the Plan or (ii) the date five (5) years
from the date of its adoption or the maximum length of time permitted for favorable tax and social security treatment under Applicable Laws, unless terminated earlier under Section 14 of the Plan. 
  
 6. Option Price. The Option price for the Shares to be issued pursuant
to exercise of an Option shall be determined by the Administrator upon the date of grant of the Option and stated in the Option Agreement, but in no event shall be lower than one hundred percent (100%) of the Fair Market Value on the date the Option
is granted. The Option Price cannot be modified while the Option is outstanding, except as required by Applicable Laws. 
  
 7. Exercise of Option; Restriction on Sale. 
  
 (a) Options granted hereunder may be not be exercised within one (1) year of the date the Option is granted (the “Initial Exercise Date”)
whether or not the Option has vested prior to such time; provided, however, that the Initial Exercise Date shall be automatically adjusted to conform with any changes under Applicable Laws so that the length of time from the date of grant to the
Initial Exercise Date when added to the length of time in which shares may not be disposed of after the Initial Exercise Date as provided in Section 7(b) below, will allow for favorable tax and social security treatment under Applicable Laws as
determined by the Administrator. Thereafter, Options may be exercised to the extent they have vested. Options granted hereunder shall vest as determined by the Administrator. 
  

 2 

 An Option shall be deemed exercised when the Company receives: (i) written or electronic notice of
exercise (in accordance with the Option Agreement) from the person entitled to exercise the Option, and (ii) full payment for the Shares with respect to which the Option is exercised together with any applicable withholding taxes. Full payment may
consist of any consideration and method of payment authorized by the Administrator and permitted by the Option Agreement and the Plan. Shares issued upon exercise of an Option shall be issued in the name of the Optionee or, if required by the
Optionee, in the name of the Optionee and his or her spouse. Until the Shares are issued (as evidenced by the appropriate entry in an individual and nominative account on the books of the Company or of a duly authorized transfer agent of the
Company), no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Shares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such Shares promptly after the
Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the shares are issued, except as provided in Section 8 of this Appendix A to the Plan. 
  
 (b) The Shares subject to this Option may not be transferred, assigned or
hypothecated in any manner otherwise than by will or by the laws of descent or distribution before the date three (3) years from the Initial Exercise Date, except for any events provided for in Article 91 ter of Annex II to the French tax code;
provided, however, that the duration of this restriction on sale may be adjusted to conform with any changes to the holding period required for favorable tax and social security treatment under Applicable Laws as determined by the Administrator and
to the extent permitted under Applicable Laws. 
  
 (c)
Termination of Employment Relationship. In the event that an Optionee’s status as an Employee terminates (other than upon the Optionee’s death or Disability), the Optionee may exercise his or her Option, within such period of time
as specified in the Option Agreement to the extent that the Optionee was entitled to exercise it at the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Option Agreement). In the absence
of a specified time in the Option Agreement, the Option shall remain exercisable for three (3) months following the Optionee’s termination. If, after termination, the Optionee does not exercise the vested portion of his or her Option within the
time specified by the Administrator, the Option shall terminate, and the Shares covered by such Option shall revert to the Plan. 
  
 (d) Disability of Optionee. In the event that an Optionee’s status as an Employee terminates as a result of the Optionee’s Disability,
the Optionee may exercise his or her Option within such period of time as specified in the Option Agreement to the extent that the Optionee was entitled to exercise it at the date of such termination (but in no event later than the expiration of the
term of such Option as set forth in the Option Agreement). In the absence of a time specified in the Option Agreement, the Option shall remain exercisable for twelve (12) months following the Optionee’s termination. If, at the date of
termination, the Optionee has not vested as to his or her entire Option, the Shares covered by the unexercisable portion of the Option shall revert to the Plan. If, after termination, the Optionee does not exercise the vested portion of his or her
Option within the time specified herein, the Option shall terminate, and the Shares covered by such Option shall revert to the Plan. 
  

 3 

 (e) Death of Optionee. In the event of the death of an Optionee while an Employee, the Option may
be exercised at any time within six (6) months following the date of death by the Optionee’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent that the Option had vested at the
date of death (but in no event later than the expiration of the term of such Option as set forth in the Option Agreement). If, at the time of death, the Optionee had not vested as to his or her entire Option, the Shares covered by the unvested
portion of the Option shall revert to the Plan. If, after death, the Optionee’s estate or a person who acquired the right to exercise the Option by bequest or inheritance does not exercise the vested portion of Option within the time specified
herein, the Option shall terminate, and the Shares covered by such Option shall immediately revert to the Plan. 
  
 8. Changes in Capitalization. If any adjustment provided for in Section 12(a) of the Plan to the exercise price and the number of shares of Common
Stock covered by outstanding Options would violate Applicable Laws in such a way to jeopardize the favorable tax and social security treatment of this Plan together with this Appendix A and the Options granted thereunder, then no such adjustment
shall be made prior to the exercise of any such outstanding Option. 
  
 9. Information Statements to Optionees. The Company or its French Parent or Subsidiary, as required under Applicable Laws, shall provide to each Optionee, with copies to the appropriate governmental entities, such statements of
information as required by the Applicable Laws. 
  
 10. Effect
of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing
and signed by the Optionee and the Company. Any favorable amendments or alteration are automatically deemed to be approved by Optionee. Termination of the Plan shall not affect the Administrator’s ability to exercise the powers granted to it
hereunder with respect to Options granted under the Plan prior to the date of such termination. 
  
 11. Information to Shareholders. The French Parent or Subsidiary of the Company, as required under Applicable Laws, shall provide its shareholders
with an annual report with respect to Options granted and/or exercised by its Employees in the financial year. 
  

 4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00053-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00053-of-00352.parquet"}]]