Document:

EX-10.25

 Exhibit 10.25 
 Execution Version 
 EMPLOYEE ROLLOVER RESTRICTED STOCK UNIT AGREEMENT

 The restricted stock unit holder listed on Appendix A hereto (the “Grantee”) holds restricted
stock units (“RSUs”) with respect to the common stock of Ancestry.com Inc., a Delaware corporation (the “Company”) pursuant to the Ancestry.com Inc. 2009 Stock Incentive Plan (the “Plan”). The RSUs
will continue in accordance with this Agreement (the “Rollover Agreement”) upon and following the consummation of the transactions contemplated under the Merger Agreement (as defined below). Each such RSU is set forth on Table I on
Appendix A and is herein referred to as a “Rollover RSU.” Each of the undersigned parties hereto agrees to the terms and conditions contained herein. This Rollover Agreement shall be subject to and effective upon the
occurrence of the Closing (as defined in the Merger Agreement (as defined below)). 
 Global Generations International Inc., a
Delaware corporation (“US Holdco”), Global Generations Merger Sub Inc., a Delaware corporation and a direct wholly-owned subsidiary of US Holdco (“Merger Sub”), and the Company, have entered into an Agreement and
Plan of Merger, dated as of October 21, 2012 (the “Merger Agreement”), pursuant to which, on the terms and conditions set forth in the Merger Agreement, Merger Sub shall merge with and into the Company, with the Company
continuing as the surviving corporation (the “Merger”), and as a wholly-owned direct and indirect Subsidiary of US Holdco and Ancelux Topco S.C.A., a societe en commandite par actions, organized and existing under the laws of
the Grand Duchy of Luxembourg (“NewCo”), respectively. In connection therewith, and as provided herein, the Rollover RSUs shall be exchanged at the Closing (as defined in the Merger Agreement) for restricted stock units
(“NewCo RSUs”) with respect to a number of “Investor Interests” (as defined below), determined as set forth in Section 1(a), subject to the modifications and upon the terms and conditions set forth herein. 

The NewCo RSUs shall remain subject to the terms of the Plan (as amended in connection with the Merger), a copy of which the Grantee has
received and the restricted stock unit agreement(s) pursuant to which the Rollover RSUs were granted, as modified by this Rollover Agreement. Capitalized terms in this Rollover Agreement that are not defined herein shall have the meanings stated in
the Plan. In the case of any conflict between the provisions hereof and those of the Plan, unless the context clearly requires otherwise, the provisions hereof shall be controlling. 

 

	 	1.	RSU Exchange. 

 (a) Each
separate grant of Rollover RSUs set forth on Table I of Appendix A shall be exchanged at Closing for a number of NewCo RSUs equal to the product of the number of shares of common stock of the Company that were subject to the Rollover RSU
immediately prior to the Closing multiplied by the ratio of the “Merger Consideration” (as defined in the Merger Agreement) to the Investor Interest Value, with the result rounded down to the nearest whole number of Investor Interests.
Each NewCo RSU will entitle the Grantee to one Investor Interest or, in the discretion of NewCo, cash in the amount of the Fair Market Value of such Investor Interest as of the date of settlement of such NewCo RSU, or a combination of the foregoing.
The “Investor Interest Value” shall mean the price per Investor Interest paid by the Permira Funds to acquire an Investor Interest immediately prior to Closing. 

 (b) As soon as reasonably practicable following the Closing Date (as defined in the Merger
Agreement), Table II of Appendix A will be completed to set forth the number of NewCo RSUs based on the formula described in Section 1(a) above. 
 (c) Notwithstanding anything to the contrary contained in this Rollover Agreement, (i) the Grantee’s obligations under this Rollover Agreement shall not apply with respect to any Rollover RSUs
(or portion thereof) that the Grantee forfeits prior to the Closing and Appendix A hereto automatically shall be updated to reflect any such forfeiture, and (ii) in the event that any Rollover RSUs (or portion thereof) vest prior to the
Closing, (A) the number of Rollover RSUs shall be decreased by the number of Rollover RSUs (or portion thereof) that so vest and the Grantee shall have no obligations under this Rollover Agreement with respect to such vested Rollover RSUs (or
portion thereof), (B) Appendix A hereto automatically shall be updated to reflect the reduction described in the immediately preceding clause (A), and (C) in settlement of such Rollover RSUs (or portion thereof) that so vest, in
lieu of the Company issuing the Grantee shares of common stock in settlement of such Rollover RSUs upon vesting, NewCo shall, immediately upon Closing, issue the Grantee a number of Investor Interests equal to the product of the number of shares of
common stock of the Company that were subject to the Rollover RSU that vested, multiplied by the ratio of Merger Consideration to the Investor Interest Value, with the result rounded down to the nearest whole number of Investor Interests.

 2. Vesting and Settlement. Each separate grant of NewCo RSUs set forth on Table II of Appendix A shall
vest and be settled in accordance with the schedule, terms and conditions set forth in the Original RSU Agreement attributable to the Rollover RSUs exchanged for such NewCo RSUs, for the avoidance of doubt, without regard to any provision that would
have provided for accelerated vesting upon the Merger. Notwithstanding the foregoing, NewCo RSUs will also vest and be settled upon the termination of Grantee’s employment by the Company without Cause or for Disability, by the Grantee for Good
Reason (with the terms Cause and Good Reason being defined in the Grantee’s employment agreement with the Company) or on account of Grantee’s death. For this purpose, “Disability” shall have the meaning given to such term under
the long term disability program of the Company in which the Grantee participates. 
 3. Rights as a Stockholder.
The Grantee shall not be deemed for any purpose to be the owner of any Investor Interests issuable pursuant to any NewCo RSU unless and until the Company shall have issued Investor Interests to the Grantee. Investor Interests received upon
settlement of NewCo RSUs shall not be transferable except as set forth in Section 4 of this Rollover Agreement. 
 4.
Contribution of Investor Interests. The Grantee hereby agrees to contribute any Investor Interests received upon settlement of NewCo RSUs to Anvil MIV LLC (the “MIV”) in exchange for an equivalent number (in the aggregate
and of each class) of units in the MIV. Such contribution shall be effected pursuant to the terms of a contribution agreement in a form to be provided by the MIV. 
  

	 	5.	Certain Definitions. 

 (a)
“Fair Market Value” shall mean, as of any date: (a) if the Investor Interests are not listed on a nationally recognized stock exchange, the value of such Investor Interests on 

  
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that date, as determined by the Committee in its good faith discretion, or (b) if the Investor Interests are listed or admitted to unlisted trading privileges on a nationally recognized
stock exchange, the closing price of the Investor Interests as reported on the principal nationally recognized stock exchange on which the Investor Interests traded on such date, or if no Investor Interest prices are reported on such date, the
closing price of the Investor Interests on the next preceding date on which there were reported Investor Interest prices. 
 (b)
“Investor Interest” shall mean an interest in NewCo consisting of one Ordinary Share and one share of each class of Class A Shares (as each such term is defined in the Shareholders Agreement of NewCo), in each case to the
extent that shares of such class remain outstanding. 
 (c) “Permira Funds” means funds advised by Permira
Advisers L.L.C. that are investing in NewCo at the Closing. 
  

	 	6.	Representations and Warranties. 

 (a) The Grantee hereby represents and warrants as follows: 
 (i) The Grantee has
all requisite power and authority and has taken all action necessary in order to execute, deliver and perform his obligations under this Rollover Agreement. This Rollover Agreement has been duly executed and delivered by the Grantee and this
Rollover Agreement constitutes a valid and binding agreement of the Grantee enforceable against the Grantee in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general
applicability relating to or affecting creditors’ rights and to general equity principles. 
 (ii) The execution, delivery
and performance of this Rollover Agreement by the Grantee do not and will not (i) require the Grantee to obtain any consents, registrations, approvals, permits or authorizations from any domestic or foreign governmental or regulatory authority,
agency, commission body, court or other legislative, executive or judiciary government entity or (ii) constitute or result in a breach or violation of, or a default under, or result in the creation of a lien on any of the Grantee’s
property pursuant to (A) any bond, debenture, note or other evidence of indebtedness or any indenture or other material agreement to which the Grantee is a party or by which the Grantee is bound or to which any of the Grantee’s property
may be subject or (B) any law affecting the Grantee. 
 (iii) Immediately prior to the Closing, the Grantee will be the
record and beneficial owner of the Rollover RSUs set forth on Appendix A hereto, free and clear or any liens. 
 (iv)
The Grantee has not granted and is not a party to any proxy, voting trust or other agreement which conflicts with any provision of this Rollover Agreement, and the Grantee shall not grant any proxy or become party to any voting trust or other
agreement which conflicts with any provision of this Rollover Agreement. 
 (v) The Grantee is acquiring the NewCo RSUs for his
own account, for investment and not with a view to the sale or distribution thereof, nor with any present 

  
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intention of distributing or selling the same. The Grantee acknowledges that (i) the NewCo RSUs have not been registered under the U.S. Securities Act of 1933, as amended (the
“Securities Act”), and the Investor Interests will not be registered under the Securities Act, and, consequently, the materials relating to the offer have not been subject to review and comment by the staff of the Securities and
Exchange Commission or any other governmental authority, (ii) there is not now and there may never be any public market for the NewCo RSUs or the Investor Interests acquired pursuant to settlement of a NewCo RSU and (iii) Rule 144
promulgated under the Securities Act is not presently available with respect to the sale of any NewCo RSUs or Investor Interests issued pursuant to any NewCo RSUs. 
 (vi) The Grantee has executed and returned to NewCo a questionnaire in the form attached hereto as Appendix B for purposes of determining whether the Grantee is an “accredited investor,”
as such term is defined in Rule 501(a) of Regulation D promulgated under the Securities Act. 
 (vii) The Grantee’s
knowledge and experience in financial and business matters is such that it is capable of evaluating the merits and risk of the investment in the NewCo RSUs. The Grantee has carefully reviewed the terms and provisions of this Rollover Agreement and
has evaluated the restrictions and obligations contained herein and therein. In furtherance of the foregoing, the Grantee represents and warrants that (i) no representation or warranty, express or implied, whether written or oral, as to the
financial condition, results of operations, prospects, properties or business of NewCo, US Holdco, Merger Sub or any of their subsidiaries or as to the desirability or value of an investment in NewCo has been made to the Grantee by or on behalf of
NewCo, US Holdco, Merger Sub or any of their subsidiaries, (ii) the Grantee has relied upon his own independent investigation, and the advice of his own counsel, tax advisors and other advisors, regarding the risks of an investment in NewCo and
(iii) the Grantee will continue to bear sole responsibility for making his own independent evaluation and monitoring of the risks of his investment in NewCo. 
 (viii) The Grantee’s financial situation is such that the Grantee can afford to bear the economic risk of holding the NewCo RSUs and, if acquired following settlement of the NewCo RSUs, the Investor
Interests for an indefinite period and the Grantee can afford to suffer the complete loss of his investment in the NewCo RSUs. 

(ix) The Grantee is not subscribing for the NewCo RSUs as a result of or subsequent to any advertisement, article, notice or other
communication published in any newspapers, magazine or similar media or broadcast over television or radio, or presented at any seminar or meeting, or any solicitation of a subscription by a person or entity not previously known to Grantee in
connection with investments in securities generally. 
 7. Covenants. The Grantee shall not enter into any
agreement, arrangement or understanding with any Person, or take any other action, that violates or conflicts with the Grantee’s representations, warranties, covenants and obligations under this Rollover Agreement, or take any action that would
reasonably be expected to restrict or otherwise affect the Grantee’s power, authority and right to comply with and perform his obligations under this Rollover Agreement. 

  
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 8. Withholding. NewCo shall have the right to withhold from any cash amounts
payable hereunder to the Grantee such amount as shall be sufficient to satisfy all federal, state and local withholding tax requirements relating thereto. Whenever Investor Interests are to be issued pursuant to Section 1(c) or upon settlement
of a NewCo RSU, the number of Investor Interests issued to Grantee shall be reduced by the number of Investor Interests having a Fair Market Value on the vesting date equal to the Grantee’s federal, state and local withholding tax requirements.

 9. Counterparts. This Rollover Agreement may be executed by .pdf or facsimile signatures and in any number of
counterparts with the same effect as if all signatory parties had signed the same document. All counterparts shall be construed together and shall constitute one and the same instrument. 

10. Amendments and Waivers. This Rollover Agreement may not be modified or amended, and no provision of this Rollover
Agreement may be waived, except by a written instrument signed by NewCo and the Grantee. No waiver of any breach or default hereunder shall be deemed a waiver of any subsequent breach of the same or similar nature. 

11. Specific Performance. The Grantee acknowledges and agrees that a breach of this Rollover Agreement by the Grantee would
cause irreparable damage to NewCo and that NewCo would not have an adequate remedy at law. Accordingly, the obligations of the Grantee under this Rollover Agreement shall be enforceable by a decree of specific performance issued by any court of
competent jurisdiction, and appropriate injunctive relief may be applied for and granted in connection therewith. 
 12.
Assignment. This Rollover Agreement shall be binding upon and inure to the benefit of the successors and permitted assigns of each of the parties hereto. For the avoidance of doubt, this Rollover Agreement shall be binding upon the
representatives, heirs and estate of the Grantee in the event of the death or incapacity of the Grantee. Any assignment by a party hereto requires consent of the other parties hereto, except that NewCo may assign its rights and obligations hereunder
to an Affiliate; provided that no such assignment shall relieve NewCo of its obligations hereunder. 
 13.
Termination. This Rollover Agreement shall terminate (a) upon mutual written consent of NewCo, the Company and the Grantee, (b) automatically without any further action of the parties hereto if, at any time prior to the Closing,
the Merger Agreement shall have been terminated in accordance with its terms, (c) upon the termination of the Grantee’s employment by the Company without Cause or by the Grantee for Good Reason, or (d) upon the death of the Grantee
prior to Closing, provided that Section 1 (c) of this Rollover Agreement shall survive any such termination until fully satisfied and NewCo shall issue Investor Interests in settlement of any Rollover RSUs that vest upon the Grantee’s
death as provided in Section 1(c). Except as provided in the immediately preceding sentence, upon any such termination, the rights and obligations of the parties shall terminate and there shall be no liability on the part of NewCo or the
Grantee under this Rollover Agreement; provided, that no such termination of this Rollover Agreement shall relieve any party from liability for any willful breach of this Rollover Agreement. 

  
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 IN WITNESS WHEREOF, the parties have executed and delivered this Rollover Agreement
as of the date(s) set forth below. 
  

			
	ANCELUX TOPCO S.C.A.
		
	By:	 	 /s/ Séverine Michel

	Name:	 	 acting by Ancelux S.à r.l.,
 its Manager

	Title:	 	represented by Séverine Michel, Manager

 [Signature Page to RSU Rollover Agreement - Sorensen] 

 
			
		 	 /s/ Scott Sorensen

		 	Scott Sorensen
		
		 	 12/27/12

		 	Date

 [Signature Page to RSU Rollover Agreement - Sorensen] 

 CONSENT OF SPOUSE 
 The undersigned spouse of the Grantee has read and hereby approves the terms and conditions of the Plan and this Rollover Agreement. In consideration of the Company’s granting his or her spouse NewCo
RSUs as set forth in this Rollover Agreement, the undersigned hereby agrees to be irrevocably bound by the terms and conditions of the Plan and this Rollover Agreement and further agrees that any community property interest shall be similarly bound.
The undersigned hereby appoints the undersigned’s spouse as attorney-in-fact for the undersigned with respect to any amendment or exercise of rights under the Plan or this Rollover Agreement. 

 

			
		 	 /s/ Brenda Sorensen

		 	Spouse of the Grantee

  ̈ Not applicable. 

[Spousal Consent to RSU Rollover Agreement - Sorensen] 

 APPENDIX A 
 Name of Grantee: Scott Sorensen 
 I. Rollover RSUs 

 

			
	 Date of Grant
	 	Number of Rollover RSUs
	3/1/2012	 	75,000
	3/1/2011	 	17,954

 II. NewCo RSUs 
  

			
	
Date of Grant of the Original Rollover RSUs
to Which the NewCo RSUs are
Attributable
	 	Number of NewCo RSUs
	3/1/2012	 	15,484
	3/1/2011	 	3,706

 [Appendix A to RSU Rollover Agreement] 

 APPENDIX B 

ACCREDITED INVESTOR QUESTIONNAIRE 
 Please check any and all boxes that apply. You must check at least one box: 
  

	 	 ̈	(i) Your individual net worth, or joint net worth with your spouse, as of the date indicated below, exceeds $1,000,000; 

 

	 	    	For purposes of this paragraph (i), “net worth” means your assets (excluding the value of your primary residence) minus your liabilities (excluding any debt
secured by your primary residence), provided that: 

  

	 	1)	if the amount of the debt secured by your primary residence is greater than the estimated fair market value of your primary residence, you must include such excess
amount as a liability; 

  

	 	2)	if you borrowed any amount secured by your primary residence within the 60 day period prior to the date indicated below, you must include such amount as a liability,
unless such borrowing results from the acquisition of your primary residence. If you cease to have at least $1,000,000 in net worth for any reason between the date indicated below and the date of your equity purchase or the date your equity award is
made, as applicable, including by reason of borrowing additional amounts secured by your primary residence, you must notify the company of your change in status. 

 

	 	 ̈	 (ii) You had individual income1 in excess of $200,000 in each of the two most recent years, or joint income with your spouse in excess of $300,000 in
each of those years, and you have a reasonable expectation of reaching the same income level in the current year; or 

  

	 	 ̈	(iii) None of the statements above apply. 

  

					
			
	Name (printed):	 	  
	 	
			
	Name (signed):	 	  
	 	
			
	State of Residence:	 	  
	 	
			
	Date:	 	  
	 	

  
  

1
 The term “individual income” means adjusted gross income as reported for federal income tax purposes, less any income attributable to a spouse or to property owned by a spouse,
increased by the following amounts (but not including any amounts attributable to a spouse or to property owned by a spouse), and the term “joint income” means adjusted gross income as reported for federal income tax purposes, including
any income attributable to a spouse or to a property owned by a spouse, increased by the following amounts (including any amounts attributable to a spouse or to property owned by a spouse): (i) the amount of any interest income received which is tax
exempt under section 103 of the Internal Revenue Code; (ii) the amount of losses claimed as a limited partner in a limited partnership (as reported on Schedule E of Form 1040); and (iii) any deduction claimed for depletion under section 611 et
seq. of the Internal Revenue Code. 

 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:
	 	Scott Sorensen
		
	 Grant Date:
	 	March 01, 2012
		
	 Number of restricted stock units subject to the Award:
	 	75,000
		
	 Vesting Schedule:
	 	18,750 on March 01, 2013
		 	4.687 on June 01, 2013
		 	4.688 on September 01, 2013
		 	4.687 on December 01, 2013
		 	4.688 on March 01, 2014
		 	4.687 on June 01, 2014
		 	4.688 on September 01, 2014
		 	4.687 on December 01, 2014
		 	4.688 on March 01, 2015
		 	4.687 on June 01, 2015
		 	4.688 on September 01, 2015
		 	4.687 on December 01, 2015
		 	4.688 on March 01, 2016

 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:
	 	 Chief Executive Officer
	 		 	
		 		 		 	
		 		 		 	
		 		 		 	

 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 portion of the Restricted Stock Units shall become vested such that a pro-rata portion of the total number of Restricted Stock Units subject to the Award are vested as of the date of
Termination of Employment, 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 elapsed prior to the Participant’s
Termination of Employment, and the denominator is the full number of days in the vesting 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 

 
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 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. 

 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:
	 	Scott Sorensen
		
	 Grant Date:
	 	March 1,2031
		
	 Number of restricted stock units subject to the Award:
	 	$750,000/23,938 units
		
	 Vesting Schedule:
	 	The Restricted Stock Units shall vest according to the following schedule: vesting will begin on 3/1/2012 at 1/36 per month

 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 portion of the Restricted Stock Units shall become vested such that a pro-rata portion of the total number of Restricted Stock Units subject to the Award arc vested as of the date of
Termination of Employment, 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 elapsed prior to the Participant’s
Termination of Employment, and the denominator is the full number of days in the vesting 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 

  
 3 

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

  
 4 

 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 affcct 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-10.26

 Exhibit 10.26 
 GENERAL FORM 
 ANCELUX TOPCO S.C.A. 

INVESTOR INTEREST OPTION AGREEMENT 
 THIS AGREEMENT (the “Agreement”), effective as of the date of grant set forth on the signature page hereto (the “Date of Grant”), is between Ancelux Topco S.C.A., a
Luxembourg société en commandite par action, governed by the laws of the Grand Duchy of Luxembourg, having its registered office at 282, route de Longwy, L-1940 Luxembourg, registered with the Luxembourg Register of Commerce and
Companies under number B 174.036 and the individual whose name is set forth on the signature page hereto (the “Optionee”). 

Section 1. Grant of Option. The Company hereby grants to the Optionee the right and option (the “Option”) to
purchase all or any part of an aggregate of such number of Investor Interests (“Option Investor Interests”) as is set forth on Appendix A hereto (subject to adjustment as provided in Section 9 of the Ancelux Topco S.C.A.
Equity Incentive Plan (the “Plan”)) on the terms and conditions set forth in this Agreement and in the Plan, a copy of which is being delivered to the Optionee concurrently herewith and is made a part hereof as if fully set forth
herein. The grant shall be effective upon the execution of this Agreement by both parties hereto. Except as otherwise defined herein, capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. The Option is
not intended to qualify as an Incentive Stock Option within the meaning of Section 422 of the Code. 
 Section 2.
Purchase Price. The price (the “Option Price”) at which the Optionee shall be entitled to purchase Investor Interests upon the exercise of the Option shall be the price per Investor Interests set forth on Appendix A
hereto (pursuant to Section 5.2 and subject to adjustment as provided in Section 9 of the Plan). 

Section 3. Term of Option. The Option shall be exercisable to the extent and in the manner provided herein
until the close of business on the day preceding the tenth (10th) anniversary of the Date of Grant (the “Term”); provided, however, that the Option may be earlier terminated as provided in Section 6, 7 or 8 hereof. 

Section 4. Vesting and Exercisability of Option. Subject to the provisions of this Agreement and the Plan, the Option shall vest
and become exercisable as to 5% of the Investor Interests subject to the Option on each of the first 20 quarterly anniversaries of January 1, 2013, such that 100% of the Investor Interests subject to the Option shall be vested on the fifth
anniversary of January 1, 2013. The portion of the Option which has become vested and exercisable as described in this Section 4 is hereinafter referred to as the “Vested Portion.” 

Section 5. Manner of Exercise and Payment; Contribution of Acquired Investor Interests. 

5.1. Notice of Exercise. Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised
by delivery of written notice in such form as the Committee may require from time to time (the “Exercise Notice”), from the Optionee to the Company. The Exercise Notice shall state that the Optionee is electing to exercise the
Option, 

  

 
shall set forth the number of Option Investor Interests in respect of which the Option is being exercised (the “Purchased Investor Interests”) and shall be signed by the Optionee
or, where applicable, by the Optionee’s legal representative. 
 5.2. Deliveries. The Exercise Notice described in
Section 5.1 shall be accompanied by payment of the full Option Price for the Option Investor Interests in respect of which the Option is being exercised, together with any withholding taxes that may be due as a result of the exercise of the
Option, such payment to be made by delivery to the Company of (a) a certified or bank check payable to the order of the Company or (b) cash by wire transfer or other immediately available funds to an account designated by the Company.
Notwithstanding the foregoing, upon the Optionee’s exercise of the Option during the Post-Termination Exercise Period (as defined below) following the Optionee’s Termination (i) by the Company or one of its Subsidiaries without Cause
or (ii) due to the Optionee’s death or Disability, the Optionee shall be permitted to pay the aggregate Option Price by electing to reduce the number of Purchased Investor Interests to be issued upon such exercise by that number of
Investor Interests having a Fair Market Value on the date of exercise equal to the aggregate Option Price in respect of the Purchased Investor Interests. 
 5.3. Issuance of Investor Interests. Subject to Section 15.2 of the Plan, upon receipt of the Exercise Notice and full payment for the Option Investor Interests in respect of which
the Option is being exercised in the manner permitted by Section 5.2, the Company shall take such action as may be necessary under applicable law to cause the issuance to the Optionee of the number of Option Investor Interests as to which the
Option was exercised and the Optionee shall cooperate to the fullest extent requested by the Company (including by executing such documents and providing such information) as may be necessary to effect the issuance of such Option Investor Interests
in compliance with all applicable law. If the Optionee fails to make any of the deliveries required by Section 5.2 of this Agreement, the Optionee’s exercise shall not be given effect and the Investor Interests shall not be issued to the
Optionee. 
 5.4. Rights as a Shareholder. The Optionee shall not be deemed to be the holder of, or to have any of the
rights of a holder with respect to, any Option Investor Interests unless and until: (a) the Option shall have been exercised in accordance with the terms of this Agreement and the Optionee shall have paid the full Option Price for the number of
Option Investor Interests in respect of which the Option was exercised in the manner permitted by Section 5.2 and any withholding taxes due and (b) the Company shall have issued the Option Investor Interests to the Optionee. The Optionee
may not sell, transfer, assign, exchange, pledge, encumber or otherwise dispose of any Option Investor Interests (except pursuant to Section 5.5 hereof). Any attempted sale, transfer, assignment, exchange, pledge or other disposition of the
Option Investor Interests will be void ab initio. 
 5.5. Contribution of Investor Interests. Notwithstanding any
other provision of this Agreement, immediately following the Optionee’s receipt of Option Investor Interests pursuant to the terms of this Agreement, the Optionee shall be required to contribute the Option Investor Interests to the MIV in
exchange for an equivalent number of units in the MIV. Such contribution shall be effected pursuant to the terms of a contribution agreement in a form to be provided by the MIV at the time of the contribution. 

  
 - 2 -

 5.6. Adjustments. Any adjustments made pursuant to Section 9 of the Plan will be
structured in a manner that is intended not to (A) have any disproportionately adverse impact on the Optionee, (B) result in immediate taxation (or taxation on vesting of options) to the Optionee or (C) result in adverse tax
consequences under Section 409A of the Code or Section 457A of the Code. 
 Section 6. Termination. 

6.1. Termination. If the Optionee Terminates, (a) the Option, other than the Vested Portion of the Option, shall terminate
and be of no further force and effect as of and following the close of business on the date of such Termination, and (b) the Vested Portion of the Option shall be exercisable by the Optionee during the “Post-Termination Exercise
Period,” but in no event after the expiration of the Term. Any portion of the Vested Portion of the Option that, following the Optionee’s Termination, is not exercised prior to the expiration of the Post-Termination Exercise Period shall
terminate at the end of the Post-Termination Exercise Period (or, if earlier, the expiration of the Term). Notwithstanding anything in this Agreement or the Plan to the contrary, the Option, whether or not exercisable, shall immediately terminate
upon a Termination of the Optionee by the Company or one of its Subsidiaries for Cause. 
 6.2. “Post-Termination
Exercise Period” shall mean the period commencing on the Optionee’s Termination and ending on the first to occur of (i) the first anniversary of the Optionee’s Termination due to death or Disability or (ii) the date that
is three months following the Optionee’s Termination for any other reason. 
 Section 7. Prohibited Activities. In
consideration of and as a condition to the grant of the Option, the Optionee agrees to the following covenants: 
 7.1. No
Sale or Transfer. The Optionee shall not sell, transfer, assign, grant a participation in, gift, hypothecate, encumber, mortgage, create any lien, pledge, exchange or otherwise dispose of the Option or any portion thereof other than to the
extent permitted by Section 8.2 of the Plan. 
 7.2. Right to Terminate Option. The Optionee understands and agrees
that the Company has granted this Option to the Optionee to reward the Optionee for the Optionee’s future efforts and loyalty to the Company and its Affiliates by giving the Optionee the opportunity to participate in the potential future
appreciation of the Company. Accordingly, if (a) the Optionee materially violates the Optionee’s obligations under any Restrictive Agreement to which the Optionee is a party, or (b) the Optionee engages in any activity prohibited by
Section 7.1 of this Agreement, or (c) the Optionee is convicted of a felony against the Company or any of its Affiliates, then, in addition to any other rights and remedies available to the Company, the Company shall be entitled, at its
option, exercisable by written notice, to terminate the Option (including the Vested Portion of the Option), or any unexercised portion thereof, which shall be of no further force and effect. “Restrictive Agreement” shall mean any
agreement between the Company or any of its Subsidiaries and the Optionee that contains non-competition, non-solicitation, non-hire, non-disparagement, or confidentiality restrictions applicable to the Optionee. 

  
 - 3 -

 7.3. Remedies. The Optionee specifically acknowledges and agrees that its remedies
under this Section 7 shall not prevent the Company or any of its Subsidiaries from seeking injunctive or other equitable relief in connection with the Optionee’s breach of any Restrictive Agreement. In the event that the provisions of this
Section 7 should ever be deemed to exceed the limitation provided by applicable law, then the Optionee and the Company agree that such provisions shall be reformed to set forth the maximum limitations permitted. 

Section 8. Corporate Transaction; Change in Control. 
 8.1. Corporate Transaction. In the event of a Corporate Transaction that is not a Change in Control, such Corporate Transaction shall instead be treated as a Change in Capitalization and the
provisions of Section 9 of the Plan shall apply. In the event of a Corporate Transaction that is a Change in Control, Section 10 of the Plan will apply except to the extent modified herein. 

8.2. Change in Control. Upon a Change in Control, the Company agrees that it will use its best efforts to secure the assumption of
the unvested portion (if any) of the Option by the acquiring or succeeding entity in the transaction, or the substitution of the unvested portion (if any) of the Option for an option or other equity award with respect to the securities of such
acquiring or succeeding entity. Any such assumed or substituted award shall continue to vest in accordance with the schedule set forth in Section 4 of this Agreement, subject to the Optionee’s continued employment with the acquiring or
succeeding entity (or an Affiliate thereof) (such entity, the “Post-CIC Employer”). Notwithstanding the foregoing, if (i) the Optionee’s employment with the Post-CIC Employer terminates for any reason other than by the
Optionee for any reason, or by the Post-CIC Employer other than for Cause, any portion of the Option that remains unvested as of the date of such termination shall become fully vested as of such date (or if a Termination occurs in contemplation of a
Change in Control, vesting will be accelerated to the date of the Change in Control, subject to the occurrence of a Change in Control) (“Post-CIC Acceleration”) and (ii) if the Optionee’s employment is Terminated by the
Optionee for any reason or by the Post-CIC Employer for Cause, the Optionee will forfeit any Options that remain unvested as of the date of Termination (“Post-CIC Forfeiture”). If the Company is not able to secure the assumption or
substitution of any unvested portion of the Option upon a Change in Control, the Company shall, in cancellation of such unvested portion, pay to the Optionee the amount to which the Optionee would have been entitled had the unvested portion been
cancelled upon the Change in Control (the “Cash-Out Payment”). The Optionee shall be required to deposit the after-tax amount of the Cash-Out Payment into an escrow (the “Escrow Amount”), which shall continue to
vest in accordance with the schedule set forth in Section 4 of this Agreement, subject to the Optionee’s continued employment with the Post-CIC Employer. The Company shall use commercially reasonable efforts to ensure that the Escrow
Amount is deposited in an interest-bearing account. An allocable portion of the Escrow Amount (including any interest thereon) shall be distributed to the Optionee at the time the portion of the Option to which such portion of the Escrow Amount is
attributable would have otherwise vested pursuant to Section 4 of this Agreement. If, prior to a distribution of the entire Escrow Amount (i) an event that would have given rise to a Post-CIC Acceleration occurs, the Optionee will be
entitled to the unpaid portion of the Escrow Amount upon the date of such termination and (ii) an event that would have given rise to a Post-CIC Forfeiture occurs, the Optionee shall forfeit any unpaid

  
 - 4 -

 
portion of the Escrow Amount. For purposes of this Section 8, a Termination will be considered to be in contemplation of a Change in Control if such termination was at the request of a third
party who had indicated an intention or taken steps reasonably calculated to effect a Change in Control and a Change in Control involving such third party does occur or such termination otherwise occurs in connection with a potential Change in
Control and such Change in Control does occur. 
 8.3. Effect of Certain Transactions. The provisions of
Section 10.3(c) of the Plan shall apply to this Option only to the extent any such letter of transmittal or similar acknowledgment does not impose any material additional conditions or restrictions on the Optionee’s receipt of the payments
to which the Optionee is entitled as a result of the Corporate Transaction. 
 Section 9. Miscellaneous. 

9.1. Acknowledgment. The Optionee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and
provisions thereof as the same may be amended from time to time. The Optionee hereby acknowledges that the Optionee has reviewed the Plan and this Agreement and understands the Optionee’s rights and obligations thereunder and hereunder. The
Optionee also acknowledges that the Optionee has been provided with such information concerning the Company, the Plan and this Agreement as the Optionee and the Optionee’s advisors have requested. 

9.2. Governing Law; Submission to Jurisdiction; Waiver of Jury Trial. 

(a) Governing Law. This Agreement shall in all respects be governed by, and construed in accordance with, the laws (excluding
conflict of laws rules and principles) of the State of Utah applicable to agreements made and to be performed entirely within such State, including all matters of construction, validity and performance. 

(b) Submission to Jurisdiction; Waiver of Jury Trial. Any litigation against any party to this Agreement arising out of or in any
way relating to this Agreement shall be brought in any U.S. federal or state court located in the State of New York in New York County and each of the parties hereby submits to the exclusive jurisdiction of such courts for the purpose of any such
litigation; provided, that a final judgment in any such litigation shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Each party irrevocably and unconditionally agrees not
to assert (a) any objection which it may ever have to the laying of venue of any such litigation in any U.S. federal or state court located in the State of New York in New York County, (b) any claim that any such litigation brought in any
such court has been brought in an inconvenient forum and (c) any claim that such court does not have jurisdiction with respect to such litigation. To the extent that service of process by mail is permitted by applicable law, each party
irrevocably consents to the service of process in any such litigation in such courts by the mailing of such process by registered or certified mail, postage prepaid, at its address for notices provided for herein. Each party hereto irrevocably
and unconditionally waives any right to a trial by jury and agrees that either of them may file a copy of this paragraph with any court as written evidence of the knowing, voluntary and bargained-for agreement among the parties irrevocably to waive
its right to trial by jury in any litigation. 

  
 - 5 -

 9.3. Specific Performance. Each of the parties agrees that any breach of the terms of
this Agreement will result in irreparable injury and damage to the other parties, for which there is no adequate remedy at law. Each of the parties therefore agrees that in the event of a breach or any threat of breach, the other parties shall be
entitled to an immediate injunction and restraining order to prevent such breach, threatened breach or continued breach, and/or compelling specific performance of the Agreement, without having to prove the inadequacy of money damages as a remedy or
balancing the equities between the parties. Such remedies shall be in addition to any other remedies (including monetary damages) to which the other parties may be entitled at law or in equity. Each party hereby waives any requirement for the
securing or posting of any bond in connection with any such equitable remedy. 
 9.4. Severability. Whenever possible,
each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law and if the rights or
obligations of any party hereto under this Agreement will not be materially and adversely affected thereby, (a) such provision will be fully severable, (b) this Agreement will be construed and enforced as if such illegal, invalid or
unenforceable provision had never comprised a part hereof, (c) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance
herefrom and (d) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable provision as similar in terms to such illegal, invalid or unenforceable
provision as may be possible. 
 9.5. Notice. Unless otherwise provided herein, all notices and other communications
given or made pursuant hereto shall be in writing and shall be deemed to have been duly given or made (a) as of the date delivered, if delivered personally or by email, (b) on the date the delivering party receives confirmation, if
delivered by facsimile, (c) three (3) business days after being mailed by registered or certified mail (postage prepaid, return receipt requested) or (d) one (1) business day after being sent by overnight courier (providing proof
of delivery), to the parties at the following addresses (or at such other address for a party as shall be specified in a notice given in accordance with this Section:
  

	 	(a)	If to the Company: 

 Ancelux
Topco S.C.A. 
 c/o Ancestry.com Inc. 
 360 West 4800 North 
 Attention: William Stern, General Counsel 

With a copy to (which shall not constitute notice): 
 Ancelux Topco S.C.A. 

  
 - 6 -

 282, route de LongwyL-1940 Luxembourg 

Attention: Manager 
 With a copy to (which shall not constitute notice): 
 Fried, Frank, Harris,
Shriver & Jacobson LLP 
 One New York Plaza 
 New York, New York 10004 
 Facsimile: (212) 859-4000 

Attention: Jeffrey Ross, Esq. 
 (b) If to the Optionee, at the most recent address and facsimile number contained in the Company’s records. 
 9.6. Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and any of their respective
successors, personal representatives and permitted assigns who agree in writing to be bound by the terms hereof. Neither this Agreement nor any of the rights, interests or obligations hereunder may be assigned by the Optionee without the prior
written consent of the Company. In addition, the Investor Group shall be a third party beneficiary of this Agreement and shall be entitled to enforce this Agreement. In connection with the transfer of any securities of the Company held by the
Investor Group, the Investor Group shall be entitled to assign its rights and obligations hereunder to an Affiliate of any of the Investor Group and, to the extent permitted by the Plan, to a third party. 

9.7. Amendments and Waivers. Subject to applicable law, this Agreement and any of the provisions hereof may be amended,
modified, or supplemented, in whole or in part, only in a writing signed by all parties hereto. The waiver by a party hereto of a breach by another party hereto of any provision of this Agreement shall not operate or be construed as a further or
continuing waiver of such breach by such other party or as a waiver of any other or subsequent breach by such other party, except as otherwise explicitly provided for in the writing evidencing such waiver. The waiver by a party hereto of a breach by
any party hereto of any provision of this Agreement shall not operate or be construed as a waiver of such breach by any other party hereto except as otherwise explicitly provided for in the writing evidencing such waiver. Except as otherwise
expressly provided herein, no failure on the part of any party to exercise, and no delay in exercising, any right, power or remedy hereunder, or otherwise available in respect hereof at law or in equity, shall operate as a waiver thereof, nor shall
any single or partial exercise of such right, power or remedy by such party preclude any other or further exercise thereof or the exercise of any other right, power or remedy. 
 9.8. Counterparts. This Agreement may be executed by .pdf or facsimile signatures and in any number of counterparts with the same effect as if all signatory parties had signed the same document.
All counterparts shall be construed together and shall constitute one and the same instrument. 

  
 - 7 -

 9.9. Entire Agreement. This Agreement and the Plan constitute the entire
agreement between the parties, and supersede all prior agreements and understandings, oral and written, between the parties hereto with respect to the subject matter hereof. 
 9.10. Withholding. Whenever Investor Interests are to be issued upon exercise of the Option, the Company shall have the right to require the Optionee to remit to the Company cash sufficient to
satisfy all U.S. federal, state and local withholding tax requirements prior to issuance of the Investor Interests and the delivery of any certificate or certificates for such Investor Interests. Notwithstanding the foregoing, upon the
Optionee’s exercise of the Option during the Post-Termination Exercise Period (as defined below) following the Optionee’s Termination (i) by the Company or one of its Subsidiaries without Cause or (ii) due to the Optionee’s
death or Disability, the Optionee shall be permitted to pay any applicable withholding taxes by electing to reduce the number of Purchased Investor Interests to be issued upon such exercise by that number of Investor Interests having a Fair Market
Value on the date of exercise equal to the aggregate amount of such withholding taxes. The Optionee agrees to indemnify the Company against any non-U.S., U.S. federal, state and local withholding taxes for which the Company may be liable in
connection with the Optionee’s acquisition, ownership or disposition of any Investor Interests. 
 9.11. No Right to
Continued Employment or Business Relationship. This Agreement shall not confer upon the Optionee any right with respect to continued employment or a continued business relationship with the Company or any Affiliate thereof, nor shall it
interfere in any way with the right of the Company or any Affiliate thereof to Terminate such Optionee at any time. 
 9.12.
General Interpretive Principles. Whenever used in this Agreement, except as otherwise expressly provided or unless the context otherwise requires, any noun or pronoun shall be deemed to include the plural as well as the singular and to cover
all genders. The headings of the sections, paragraphs, subparagraphs, clauses and subclauses of this Agreement are for convenience of reference only and shall not in any way affect the meaning or interpretation of any of the provisions hereof.
Unless otherwise specified, the terms “hereof,” “herein” and similar terms refer to this Agreement as a whole (including the exhibits, schedules and disclosure statements hereto), and references herein to Sections refer to
Sections of this Agreement. Words of inclusion shall not be construed as terms of limitation herein, so that references to “include,” “includes” and “including” shall not be limiting and shall be regarded as references
to non-exclusive and non-characterizing illustrations. 
 [signature pages follow] 

  
 - 8 -

 Exhibit 10.26 
 GENERAL FORM 
 IN WITNESS WHEREOF, the parties hereto have executed this
Agreement, effective as of the Date of Grant. 
  

			
	ANCELUX TOPCO S.C.A., represented by its General Partner and sole manager, ANCELUX S.à r.l.
		
	By:	 	  

	Name:	 	
	Title:	 	Attorney-in-Fact
	
	Agreed and acknowledged as of the Date of Grant:
	
	  

	Name:

  

  

 APPENDIX A 

 

			
	Name of Optionee:	  	[—]
	Address of Optionee:	  	[—]
	Date of Grant:	  	[—]
	Number of Investor Interests Subject to the Option:	  	[—], which represents an aggregate of [8 times x] shares of the Company
	Exercise Price Per Investor Interest:	  	[—]

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