Document:

Exhibit 4.2

 

THIS WARRANT AND THE SECURITIES ISSUABLE
UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”), OR APPLICABLE
STATE SECURITIES LAWS AND MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
STATEMENT FOR SUCH SECURITIES UNDER THE 1933 ACT, OR AN OPINION OF COUNSEL, SATISFACTORY TO THE ISSUER HEREOF, TO THE EFFECT THAT REGISTRATION
IS NOT REQUIRED UNDER THE 1933 ACT AS SOME OTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND APPLICABLE LAWS IS AVAILABLE.

 

WARRANT TO PURCHASE

COMMON STOCK
OF

VCI GLOBAL LIMITED

 

	Date of Issuance: FEBRUARY 11, 2022	Warrant No. _____

 

This certifies that,
for value received, VCI Global Limited, a British Virgin Islands business company (the “Company”), grants Exchange
Listing LLC, or its registered assigns (the “Registered Holder”), the right to subscribe for and purchase from
the Company, at the Exercise Price (as defined herein), from and after 9:00 a.m. New York Time on February 11, 2022 (the “Issuance
Date”) and to and including 5:00 p.m., New York Time, on February 11, 2027 (the “Expiration Date”), 300,000
the shares of Common Stock (the “Warrant Shares”), par value

$0.001 per share (the “Common
Stock”), subject to the provisions and upon the terms and conditions herein set forth. The “Exercise Price” for
each share of Common Stock issuable to the Registered Holder shall be $4.00 per share.

 

Capitalized terms used
and not otherwise defined herein shall have the meanings set forth in the Securities Purchase Agreement.

 

Section 1.      Recordation
on Books of the Company. The Company shall record this Warrant, upon records to be maintained by the Company for that purpose (the
“Warrant Records”), in the name of the Registered Holder. The Company may deem and treat the Registered Holder as the
absolute owner of this Warrant for the purpose of any exercise hereof or any distribution to the Registered Holder.

 

Section 2.      Registration of Transfers and Exchanges.

 

(a)       Subject
to Section 9 hereof, the Company shall register the transfer of this Warrant, in whole or in part, upon records to be maintained by the
Company for that purpose, upon surrender of this Warrant, with the Form of Assignment attached hereto completed and duly endorsed by the
Registered Holder, to the Company at the office specified in or pursuant to Section 3(b). Upon any such registration of transfer, a new
Warrant, in substantially the form of this Warrant, evidencing the Common Stock purchase rights so transferred shall be issued to the
transferee and a new Warrant, in similar form, evidencing the remaining Common Stock purchase rights not so transferred, if any, shall
be issued to the Registered Holder.

 

(b)       This
Warrant is exchangeable, upon the surrender hereof by the Registered Holder at the office of the Company specified in or pursuant to Section
3(b) hereof, for new Warrants, in substantially the form of this Warrant evidencing, in the aggregate, the right to purchase the number
of Warrant Shares which may then be purchased hereunder, each of such new Warrants to be dated the date of such exchange and to represent
the right to purchase such number of Warrant Shares as shall be designated by the Registered Holder at the time of such surrender.

 

Section 3.      Duration and Exercise of this Warrant.

 

(a)       This
Warrant shall be exercisable by the Registered Holder as to the Warrant Shares at any time during the period commencing on the
Issuance Date and ending on the Expiration Date. At 5:00 p.m., New York Time, on the Expiration Date, this Warrant, to the extent
not previously exercised, shall become void and of no further force or effect.

 

 

 

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(b)       Subject
to Section 7 hereof, upon exercise or surrender of this Warrant, with the Form of Election to Purchase attached hereto completed and
duly endorsed by the Registered Holder, to the Company at B03-C-8, Menara 3A, No 3, Jalan Bangsar, KL Eco City, 59200, Kuala Lumpur,
Attention: Dato' Victor Hoo, CEO, or at such other address as the Company may specify in writing to the Registered Holder, or via e-mail
to datovictor@v-capital.co and upon payment of the Exercise Price multiplied by the number of Warrant Shares then issuable upon
exercise of this Warrant in lawful money of the United States of America, all as specified by the Registered Holder in the Form of Election
to Purchase, the Company shall promptly issue and cause to be delivered to or upon the written order of the Registered Holder, and in
such name or names as the Registered Holder may designate, a certificate for the Warrant Shares issued upon such exercise. Any person
so designated in the Form of Election to Purchase, duly endorsed by the Registered Holder, as the person to be named on the certificates
for the Warrant Shares, shall be deemed to have become holder of record of such Warrant Shares, evidenced by such certificates, as of
the Date of Exercise (as defined below) of such Warrant.

 

(c)       The
Registered Holder may pay the applicable Exercise Price pursuant to Section 3(b), at the option of the Registered Holder, either (i) by
cashier’s or certified bank check payable to the Company, or (ii) by wire transfer of immediately available funds to the account
which shall be indicated in writing by the Company to the Registered Holder, in either case, in an amount equal to the product of the
Exercise Price multiplied by the number of Warrant Shares being purchased upon such exercise (the “Aggregate Exercise Price”).
The “Date of Exercise” of any Warrant means the date on which the Company shall have received (i) this Warrant, with the Form
of Election to Purchase attached hereto appropriately completed and duly endorsed, and (ii) payment of the Aggregate Exercise Price as
provided herein.

 

(d)       Cashless
Exercise. In lieu of exercising this Warrant by payment of cash by wire transfer or check payable to the order of the Company, Registered
Holder may elect to receive the number of Warrant Shares equal to the amount of this Warrant (or the portion thereof being exercised),
by surrender of this Warrant to the Company, together with the exercise form attached hereto, in which event the Company shall issue to
the Registered Holder, Warrant Shares in accordance with the following formula:

 

	X	=	Y(A-B)	 	 
	 	 	A	 	 
	Where,	 	 	 	 
	 	 	X	=	The number of Shares to be issued to Registered Holder;
	 	 	Y	=	The number of Shares for which the Warrant is being exercised;
	 	 	A	=	The fair market value of one Share; and
	 	 	B	=	The Exercise Price.

 

For purposes of this
Section 3.1(d), the fair market value of a Share is defined as closing price on the Company’s primary exchange or the over-the-counter
trading platform on the day prior to the Date of Exercise or if there is no active public market, the value shall be the fair market value
thereof, as determined in good faith by the Company’s Board of Directors.

 

(e)       This
Warrant will be exercisable either in its entirety or, from time to time, for part, only of the number of Warrant Shares which are issuable
hereunder. If this Warrant shall have been exercised only in part, the Company shall, at the time of delivery of the certificates for
the Warrant Shares issued pursuant to such exercise, deliver to the Registered Holder a new Warrant evidencing the rights to purchase
the remaining Warrant Shares, which Warrant shall be substantially in the form of this Warrant.

 

 

 

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Section 4.       Payment
of Expenses. The Company will pay all expenses (other than any federal or state taxes, including without limitation income taxes,
or similar obligations of the Registered Holder) attributable to the preparation, execution, issuance and delivery of this Warrant, any
new Warrant and the Warrant Shares.

 

Section 5.       Mutilated
or Missing Warrant Certificate. If this Warrant is mutilated, lost, stolen or destroyed, upon request by the Registered Holder, the
Company will issue, in exchange for and upon cancellation of the mutilated Warrant, or in substitution for the lost, stolen or destroyed
Warrant, a substitute Warrant, in substantially the form of this Warrant, of like tenor, but, in the case of loss, theft or destruction,
only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction of this Warrant and, if requested
by the Company, indemnity also reasonably satisfactory to it.

 

Section 6.         Listing and Issuance of Warrant Shares.

 

(a)       The
Company will, at its expense, use it best efforts to cause such shares to be included in or listed on (subject to issuance or notice of
issuance of Warrant Shares) all markets or stock exchanges in or on which the Common Stock is included or listed not later than the date
on which the Common Stock is first included or listed on any such market or exchange and will thereafter maintain such inclusion or listing
of all shares of Common Stock from time to time issuable upon exercise of this Warrant.

(b)       Before
taking any action which could cause an adjustment pursuant to Section 7 hereof reducing the Exercise Price below the par value of the
Warrant Shares, the Company will take any corporate action which may be necessary in order that the Company may validly and legally issue
at the Exercise Price, as so adjusted, Warrant Shares that are fully paid and non-assessable.

 

(c)       The
Company covenants that all Warrant Shares will, upon issuance in accordance with the terms of this Warrant, be (i) duly authorized, fully
paid and nonassessable, and (ii) free from all liens, charges and security interests.

 

(d)       The
Company shall not effect the exercise of this Warrant, and the Registered Holder shall not have the right to exercise this Warrant, to
the extent that after giving effect to such exercise, the Registered Holder (together with such Registered Holder's affiliates) would
beneficially own in excess of 4.99% of the shares of Common Stock outstanding immediately after giving effect to such exercise. For purposes
of the foregoing sentence, the aggregate number of shares of Common Stock beneficially owned by such Registered Holder and its affiliates
shall include the number of shares of Common Stock issuable upon exercise of this Warrant with respect to which the determination of such
sentence is being made, but shall exclude shares of Common Stock which would be issuable upon (A) exercise of the remaining, unexercised
portion of this Warrant beneficially owned by such Registered Holder and its affiliates and (B) exercise or conversion of the unexercised
or unconverted portion of any other securities of the Company beneficially owned by such Registered and its affiliates (including, without
limitation, any convertible notes or convertible preferred stock or warrants) subject to a limitation on conversion or exercise analogous
to the limitation contained herein.

 

Section 7.           Adjustment of Number of Warrant Shares.

 

(a)       The
number of Warrant Shares to be purchased upon exercise hereof is subject to change or adjustment from time to time as hereinafter provided:

 

(i)       Reverse
Stock Split. In the event that the Company undertakes a reverse split prior to or simultaneous with the Senior Exchange Listing, the
warrants shall have reverse split protection so that the Consultant shall receive 300,000 warrants exercisable for five years at $4.00
per share after the reverse split;

 

(ii)       Adjustments
for Consolidation, Merger, Sale of Assets, Reorganization, etc. In case the Company (a) consolidates with or merges into any
other corporation and is not the continuing or surviving corporation of such consolidation or merger, or (b) permits any other
corporation to consolidate with or merge into the Company and the Company is the continuing or surviving corporation but, in
connection with such consolidation or merger, the Common Stock is changed into or exchanged for stock or other securities of any
other corporation or cash or any other assets, or (c) transfers all or substantially all of its properties and assets to any other
corporation, or (d) effects a capital reorganization or reclassification of the capital stock of the Company in such a way that
holders of Common Stock shall be entitled to receive stock, securities, cash and/or assets with respect to or in exchange for Common
Stock, then, and in each such case, proper provision shall be made so that, upon the basis and upon the terms and in the manner
provided in this subsection 7(a)(ii), the Registered Holder, upon the exercise of this Warrant at any time after the consummation of
such consolidation, merger, transfer, reorganization or reclassification, shall be entitled to receive to 300,000 shares at $4.00
per share, in lieu of shares of Common Stock issuable upon such exercise prior to such consummation, the stock and other securities,
cash and/or assets to which such holder would have been entitled upon such consummation if the Registered Holder had so exercised
this Warrant immediately prior thereto (subject to adjustments subsequent to such corporate action as nearly equivalent as possible
to the adjustments provided for in this Section).

 

 

 

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		(b)	Other Notices. In case at any time:

  

(i)       the Company shall declare
any cash dividend on its Common Stock;

 

(ii)       the
Company shall pay any dividend payable in stock upon its Common Stock or make any distribution (other than regular cash dividends) to
the holders of its Common Stock;

 

(iii)       the
Company shall offer for subscription pro rata to all of the holders of its Common Stock any additional shares of stock of any class
or other rights;

 

(iv)       the
Company shall authorize the distribution to all holders of its Common Stock of evidences of its indebtedness or assets (other than cash
dividends or cash distributions payable out of earnings or earned surplus or dividends payable in Common Stock);

 

(v)       there
shall be any capital reorganization, or reclassification of the capital stock of the Company, or consolidation or merger of the Company
with another corporation (other than a subsidiary of the Company in which the Company is the surviving or continuing corporation and no
change occurs in the Company’s Common Stock), or sale of all or substantially all of its assets to another corporation; or

 

(vi)       there
shall be a voluntary or involuntary dissolution, liquidation, bankruptcy, assignment for the benefit of creditors, or winding up of the
Company;

 

then, in any one or more of said cases
the Company shall give written notice, addressed to the Registered Holder at the address of such Registered Holder as shown on the books
of the Company, of (1) the date on which the books of the Company shall close or a record shall be taken for such dividend, distribution
or subscription rights, or (2) the date (or, if not then known, a reasonable approximation thereof by the Company) on which such reorganization,
reclassification, consolidation, merger, sale, dissolution, liquidation, bankruptcy, assignment for the benefit of creditors, winding
up or other action, as the case may be, shall take place. Such notice shall also specify (or, if not then known, reasonably approximate)
the date as of which the holders of Common Stock of record shall participate in such dividend, distribution or subscription rights, or
shall be entitled to exchange their Common Stock for securities or other property deliverable upon such reorganization, reclassification,
consolidation, merger, sale, dissolution, liquidation, bankruptcy, assignment for the benefit of creditors, winding up, or other action,
as the case may be. Such written notice shall be given (except as to any bankruptcy proceeding) at least five (5) days prior to the action
in question and not less than five (5) days prior to the record date or the date on which the Company’s transfer books are closed
in respect thereto. Such notice shall also state that the action in question or the record date is subject to the effectiveness of a registration
statement under the 1933 Act, or to a favorable vote of stockholders, if either is required.

 

(c)       Statement
on Warrants. The form of this Warrant need not be changed because of any change in the Exercise Price or in the number or kind of
shares purchasable upon the exercise of a Warrant. However, the Company may at any time in its sole discretion make any change in the
form of the Warrant that it may deem appropriate and that does not affect the substance thereof and any Warrant thereafter issued, whether
in exchange or substitution for any outstanding Warrant or otherwise, may be in the form so changed.

 

 

 

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(d)       Fractional
Interest. The Company will not be required to issue fractional Warrant Shares on the exercise of the Warrants. The number of
full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of whole
shares of Common Stock purchasable on the exercise of the Warrants so presented. If any fraction of a share of Common Stock would,
except for the provisions of this Section 7(b) be issuable on the exercise of the Warrants (or specified proportion thereof), the
Company shall pay an amount in cash calculated by it to be equal to the then fair value of one share of Common Stock, as determined
by the Board of Directors of the Company in good faith, multiplied by such fraction computed to the nearest whole cent.

 

Section 8.          No Rights
or Liabilities as a Stockholder. The Registered Holder shall not be entitled to vote or be deemed the holder of Common Stock or any
other securities of the Company which may at any time be issuable on the exercise hereof, nor shall anything contained herein be construed
to confer upon the holder of this Warrant, as such, the rights of a stockholder of the Company or the right to vote for the election of
directors or upon any matter submitted to stockholders at any meeting thereof, or give or withhold consent to any corporate action or
to receive notice of meetings or other actions affecting stockholders (except as provided herein), or to receive dividends or subscription
rights or otherwise, until the Date of Exercise shall have occurred. No provision of this Warrant, in the absence of affirmative action
by the Registered Holder hereof to purchase shares of Common Stock, and no mere enumeration herein of the rights and privileges of the
Registered Holder, shall give rise to any liability of such holder for the Exercise Price or as a stockholder of the Company, whether
such liability is asserted by the Company or by creditors of the Company.

 

Section 9.           Transfer Restrictions; Registration of the
Warrant and Warrant Shares.

 

(a)       Neither
the Warrant nor the Warrant Shares have been registered under the 1933 Act. The Registered Holder, by acceptance hereof, represents that
it is acquiring this Warrant to be issued to it for its own account and not with a view to the distribution thereof, and agrees not to
sell, transfer, pledge or hypothecate this Warrant, any purchase rights evidenced hereby or any Warrant Shares unless a registration statement
is effective for this Warrant or the Warrant Shares under the 1933 Act, or in the opinion of such Registered Holder’s counsel reasonably
satisfactory to the Company, a copy of which opinion shall be delivered to the Company, such registration is not required as some other
exemption from the registration requirement of the 1933 Act and applicable laws is available.

 

(b)       Subject
to the provisions of the following paragraph of this Section 9, each Certificate for Warrant Shares shall be stamped or otherwise imprinted
with a legend in substantially the following form:

 

THE SHARES REPRESENTED BY THIS CERTIFICATE
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”), OR APPLICABLE STATE SECURITIES LAWS
AND MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR
SUCH SECURITIES UNDER THE 1933 ACT, AN OPINION OF COUNSEL, SATISFACTORY TO THE ISSUER HEREOF, TO THE EFFECT THAT REGISTRATION IS NOT REQUIRED
UNDER THE 1933 ACT AS SOME OTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND APPLICABLE LAWS IS AVAILABLE.

 

(c)       The
restrictions and requirements set forth in the foregoing paragraph shall apply with respect to Warrant Shares unless and until such Warrant
Shares are sold or otherwise transferred pursuant to an effective registration statement under the 1933 Act or are otherwise no longer
subject to the restrictions of the 1933 Act, at which time the Company agrees to promptly cause such restrictive legends to be removed
and stop transfer restrictions applicable to such Warrant Shares to be rescinded.

 

(d)       Whenever
the Company proposes to register any of its securities under the Securities Act, the Company will give prompt written notice to the Registered
Holder of its intention to effect such registration and will include in such registration all Common Stock underlying this Warrant with
respect to which the Company has received a written notice from the Registered Holder for inclusion therein within 15 days after the receipt
of the Company’s notice.

 

 

 

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Section 10.      Notices.
All notices and other communications relating to this Warrant shall be in writing and shall be deemed to have been duly given if delivered
personally or sent by United States certified or registered first-class mail, postage prepaid, return receipt requested, or overnight
air courier guaranteeing next day delivery to the parties hereto at the following addresses or at such other address as any party hereto
shall hereafter specify by notice to the other party hereto:

 

(a)       If
to the Registered Holder of this Warrant or the holder of the Warrant Shares, addressed to the address of such Registered Holder or holder
as set forth on books of the Company or otherwise furnished by the Registered Holder or holder to the Company.

 

(b)       If to the Company, addressed
to: VCI Global Limited

B03-C-8, Menara 3A,

No 3, Jalan Bangsar KL Eco City

59200, Kuala Lumpur

Attn: Dato' Victor Hoo

datovictor@v-capital.co

 

A notice or communication will be effective
(i) if delivered in person, by e-mail or by overnight courier, on the business day it is delivered, and (ii) if sent by registered or
certified mail, the earlier of the date of actual receipt by the party to whom such notice is required to be given or three (3) days after
deposit in the United States mail.

 

Section 11.      Binding
Effect. This Warrant shall be binding upon and inure to the sole and exclusive benefit of the Company, its successors and assigns,
and the holder or holders from time to time of this Warrant and the Warrant Shares.

 

Section 12.      Survival
of Rights and Duties. This Warrant shall terminate and be of no further force and effect on the earlier of (i) 5:00 p.m., New York
Time, on the Expiration Date and (ii) the date on which this Warrant and all purchase rights evidenced hereby have been exercised, except
that the provisions of Sections 6(c) and 9 hereof shall continue in full force and effect after such termination date.

 

Section 13.      Governing
Law. This Warrant shall be governed and controlled as to the validity, enforcement, interpretations, construction and effect and in
all other aspects by the substantive laws of the State of Florida. In any action between or among any of the parties, whether arising
out of this Warrant or otherwise, each of the parties irrevocably consents to the exclusive jurisdiction and venue of the federal and
state courts located in Broward County, Florida.

 

Section 14.      Section
Headings. The Section headings in this Warrant are for purposes of convenience only and shall not constitute a part hereof.

  

[Signature Page to Follow]

 

 

 

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IN WITNESS WHEREOF, VCI Global Limited has
caused this Warrant to be duly executed in its corporate name by the manual signature of its Chief Executive Officer.

 

	 	VCI GLOBAL LIMITED
	 	 
	 	By:	/s/ Dato' Victor Hoo
	 	Dato' Victor Hoo, CEO
	 	 
	 	Date:	February 11, 2022

 

 

 

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FORM OF ELECTION TO PURCHASE

 

(To Be Executed Upon Exercise of this Warrant)

 

To VCI Global Limited:

 

The undersigned, the
record holder of this Warrant (Warrant No. ), hereby irrevocably elects to exercise the right, represented by this Warrant,
to purchase of the Warrant Shares and herewith and hereby tenders payment for such Warrant Shares to the order of VCI Global
Limited of $, representing the full purchase price for such shares at the price per share provided for in such Warrant and
the delivery of any applicable taxes payable by the undersigned pursuant to such Warrant.

or

In lieu of exercising
this Warrant by payment of cash by wire transfer or check payable to the order of the Company, Holder may elect to receive the number
of Warrant Shares equal to the value of this Warrant (or the portion thereof being exercised), by surrender of this Warrant to the Company,
in exchange for Warrant Shares in accordance with the following formula:

 

	X	=	Y(A-B)	 	 
	 	 	A	 	 
	Where,	 	 	 	 
	 	 	X	=	The number of Shares to be issued to Holder;
	 	 	Y	=	The number of Shares for which the Warrant is being exercised;
	 	 	A	=	The fair market value of one Share; and
	 	 	B	=	The Exercise Price.

 

The undersigned requests that certificates for such shares
be issued in the name of:

  

	 	 

 

	 	 	 

 

(Please print name and address) Social
Security or Tax Identification No.

 

In the event that
not all of the purchase rights represented by the Warrant are exercised, a new Warrant, substantially identical to the attached Warrant,
representing the rights formerly represented by the attached Warrant which have not been exercised, shall be issued in the name of and
delivered to:

 

	 	 

 

	 	 	 

  

(Please print name and address) Social Security or Tax Identification
No.

 

	Dated:	 	 	 	 
	 	 	Exchange Listing LLC
	 	 	 	 
	 	 	By:	 
	 	 	(Name):	 
	 	 	(Title):	 

 

 

 

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FORM OF ASSIGNMENT

 

FOR VALUE RECEIVED,
_________hereby sells, assigns and transfers to each assignee set forth below all of the rights of the undersigned under the attached
Warrant (Warrant No. ) with respect to the number of shares of Common Stock covered thereby set forth opposite the name of such assignee
unto:

 

	 	 	 	 	Number of Shares of
	Name of Assignee	 	Address	 	Common Stock

  

If the total of
said purchase rights represented by the Warrant shall not be assigned, the undersigned requests that a new Warrant Certificate evidencing
the purchase rights not so assigned be issued in the name of and delivered to the undersigned.

   

	Dated:	 	 	Name of Holder (Print):	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	
     

    

     
	 	 
	 	 	(Signature of Holder)	 

 

 

 

    	 	9Document

Exhibit 10.2

THE TJX COMPANIES, INC.
FORM OF NON-QUALIFIED STOCK OPTION TERMS AND CONDITIONS
GRANTED UNDER THE COMPANY’S STOCK INCENTIVE PLAN

Series [    ]

These terms and conditions (“Terms and Conditions”) apply to your non-qualified stock option to purchase shares of Common Stock, $1.00 par value, of The TJX Companies, Inc. (the “Company”) granted to you (“you” or “optionee”) under the Company’s Stock Incentive Plan (as supplemented by any applicable sub-plan, the “Plan”).  Capitalized terms that are used and that are not defined herein will have the meanings given to them in the Plan.  Your option is subject to the terms and conditions of the Plan, the provisions of which, as from time to time amended, are incorporated into these Terms and Conditions. By accepting your option, you agree to these Terms and Conditions, including without limitation any applicable country-specific terms and conditions in the attached Addendum.

Please note that the local laws applicable to your option may change from time to time.  You are advised to seek your own professional legal, tax, and financial advice in connection with this option grant and your acceptance of it.  The Company is not providing any tax, legal, or financial advice, nor is the Company making any recommendation regarding your acceptance or exercise of this grant or the sale of shares received under the Plan.

The number of shares of Company stock subject to this option, the option price, and other important information has been made available to you through the Plan’s recordkeeping system.  For any questions about the Plan’s recordkeeping system, please contact TJX Total Rewards at 774-308-3797.

						
	1.
	Date of Grant: [    ]

	2.
	Expiration Date: [    ]

	3.
	Exercise of Option: [    ]

		This option may be exercised to the extent it has become exercisable at any time prior to the Expiration Date, subject to these Terms and Conditions. The option price may be payable as specified by the Company in its discretion in accordance with Section 6(c) of the Plan or any successor provision.

	4.
	Termination of Employment: In the event of the termination of employment of the optionee, this option may thereafter be exercised during the following applicable period (or until the Expiration Date, if earlier) but only to the extent it was exercisable at the time of such termination (except as otherwise indicated below):

[    ] 

		
	5.
	Partial Acceleration of Exercisability Upon Death and Disability: Subject to Paragraph 4 above, in the event of the termination of employment of the optionee due to the death or Disability of the optionee, in either case occurring more than three months after the Date of Grant, this option shall be exercisable as to the number of shares for which it could have been exercised immediately prior to such termination or, if greater, (i) the total number of shares subject to this option multiplied by a fraction the numerator of which shall be the number of days between the Date of Grant and such termination and the denominator of which shall be the number of days between the Date of Grant and the date upon which this option, by its terms, would have become fully exercisable, minus (ii) the number of shares, if any, previously purchased under this option; provided, however, that no shares may be purchased under this option in the event that such termination occurs within three months after the Date of Grant.

						
	6.
	Change of Control: Upon the occurrence of a Change of Control occurring while this option is outstanding, the provisions of this Paragraph 6 shall apply notwithstanding any other provision of this option to the contrary

(a) Rollover of option; qualifying termination following a Change of Control. The Committee in its discretion may, but shall not be required to, provide in connection with the Change of Control that the surviving or acquiring entity or an affiliate thereof either continue or assume this stock option or grant another stock option in replacement thereof (any such continued, assumed or replacement option, a “rollover option”) on such terms and conditions as the Committee considers appropriate in the circumstances to reflect the transaction, having in mind the requirements for exemption under Section 409A of the Code and the regulations thereunder; provided, that the terms of any rollover option shall provide for accelerated vesting of any unvested portion of the rollover option upon the qualifying termination of the optionee’s employment occurring upon or within twenty-four months following the Change of Control. For purposes of this subparagraph 6(a), “qualifying termination” shall mean an involuntary termination (other than for Cause) of the optionee’s employment with the Company and its Subsidiaries. If immediately prior to the Change of Control the optionee is party to an employment, severance or similar agreement with the Company or a Subsidiary, or is eligible to participate in a Company plan, in each case that has been approved by the Committee and that provides for severance or similar benefits upon a voluntary termination for “good reason” in connection with a change of control of the Company, a “qualifying termination” for purposes of this subparagraph 6(a) shall also include a voluntary termination for “good reason” as defined in the applicable agreement or plan.

(b) Cash out of option. The Committee in its discretion may, but shall not be required to, provide for a cash out of this option in connection with the Change of Control in lieu of providing for a rollover option pursuant to subparagraph 6(a) above. For purposes of this subparagraph 6(b), a “cash out” shall mean a payment in cash or property in exchange for this option in an amount equal to the aggregate fair market value as determined by the Committee of the shares of Common Stock subject to this option less the aggregate option price (provided that, in the event that the per-share option price of this option is equal to or greater than the fair market value of a share of Common Stock as so determined, the Committee may provide for the automatic cancellation of this option for no consideration), subject in the case of any cash out to such hold-backs or other transaction-related adjustments, and on such other terms and conditions, as the Committee may determine having in mind the requirements for exemption under Section 409A of the Code and the regulations thereunder.

(c) Acceleration of exercisability. The Committee may provide that this option, to the extent outstanding and not otherwise vested, shall become vested and exercisable, in full or in part, immediately prior to the consummation of the Change of Control or at such earlier time, if any, as the Committee may determine in order to give the optionee a reasonable opportunity, as determined by the Committee, following the exercise of the option to participate as a stockholder in the Change of Control.

This option (whether or not then vested, including after giving effect to any accelerated vesting pursuant to this Paragraph 6 or otherwise) shall terminate upon consummation of the Change of Control unless assumed or continued pursuant to subparagraph 6(a) above. All references to the Committee in this Paragraph 6 shall be construed to refer to the Committee as constituted and acting prior to consummation of the Change of Control. For the avoidance of doubt, no Committee action permitted by this Paragraph 6 will be treated as an action requiring the optionee’s consent under Section 10 of the Plan, and the provisions of Paragraph 9 below shall apply to any cash out or other settlement pursuant to this Paragraph 6. This Paragraph 6 shall be subject to the terms of any applicable sub-plan.

	7.
	Automatic Settlement in Certain Circumstances: To the extent any portion of this option is otherwise exercisable but remains unexercised at the close of business on the Expiration Date (or on the date of the earlier expiration of the period for exercising such portion of the option following a termination of employment), and if on such date the Fair Market Value of the shares subject to such exercisable but unexercised portion of this option exceeds the aggregate consideration that would have been required to be paid to purchase such shares had such portion of this option been exercised, the optionee will automatically be paid, in cancellation of such portion of the option, an amount of Company Stock having a Fair Market Value equal to such excess, if any. This Paragraph 7 is subject to the terms of any applicable sub-plan. The optionee hereby acknowledges that tax and other legal requirements must be met prior to any settlement of options under this Paragraph 7 and hereby consents to any tax or other consequences that may arise in connection with this Paragraph 7.

	8.
	Limited Transferability: This option may not be transferred by the optionee other than by will or by the laws of descent and distribution, and is only exercisable by the optionee during the optionee's lifetime. In the event of the optionee’s death, the option may be exercised by the optionee’s legal representative, legatee, or such other person as permitted by the provisions of Section 6(b) of the Plan or any successor provision.

						
	9.
	Withholding: No shares or cash will be delivered or paid pursuant to the exercise or settlement of this option unless and until the person holding the option has paid to the Company, or has made arrangements satisfactory to the Company regarding payment of, any taxes, social contributions or other applicable amounts that are required to be withheld or that otherwise may be due (as determined by the Company in its sole discretion) as a consequence of such exercise or settlement or other taxable event in relation to this option. The optionee consents to (and agrees to indemnify the Company for) any withholding that the Company may deem necessary or appropriate of such amounts, including from payroll or any payment of any kind otherwise due to the optionee, as the Company may determine, and the payment of any such amounts to the relevant tax or other authorities by the Company or Subsidiary. The optionee understands that any individual tax, social contribution, or other liability that may arise in relation to this option is solely the optionee’s (and not the Company’s or Subsidiary’s) responsibility and that such liability may exceed any amounts withheld. The optionee further understands that the optionee is solely responsible for filing any relevant documentation (including, without limitation, tax returns or reporting statements) that may be required in relation to this option (including, without limitation, any such documentation related to the holding of shares or any bank or brokerage account, the subsequent sale of shares, or the receipt of any dividends). The optionee further acknowledges that the Company does not commit to and is under no obligation to structure the terms or any aspect of the option to reduce or eliminate the optionee’s liability for taxes or other amounts due or to achieve any particular tax result. The optionee also understands that varying share or option valuation methods may apply for purposes of tax calculations and reporting, and the Company assumes no liability in relation thereto. Further, the optionee acknowledges that if optionee moves, the optionee may be subject to liabilities in more than one jurisdiction, and the Company or any Subsidiary may withhold or account for liabilities in more than one jurisdiction.

	10.	Data Privacy:
In order to perform its obligations under the Plan or for the implementation and administration of the Plan, the Company or designated third parties may collect, transfer, use, process, or hold personal data about the optionee. Such data includes, but is not limited to, the optionee’s name, nationality, citizenship, work authorization, date of birth, age, government or tax identification number, passport number, brokerage account information, address, compensation and equity award history, and beneficiaries’ contact information. By accepting this grant, the optionee explicitly consents to the collection, transfer (including to third parties in the optionee’s home country, or the United States or other countries (which may have different data privacy laws and protections), such as but not limited to human resources personnel, the Company’s legal and/or tax advisors, and brokerage administrators), use, processing, holding, electronically or otherwise, of optionee’s personal data in connection with this or any other equity award. Refusal or withdrawal of consent will affect the optionee’s ability to participate in the Plan; without providing consent, optionee will not be able to participate in the Plan or to realize benefits (if any) from the option. At all times the Company shall maintain the confidentiality of the optionee’s personal data, except to the extent the Company is required to provide such information to governmental agencies or other parties; any such actions will be undertaken by the Company only in accordance with applicable law. In particular, the Company may transfer personal data to the broker or stock plan administrator assisting with the Plan, to its legal counsel and tax/accounting advisor, and to the Subsidiary or affiliate that is optionee’s employer and its payroll provider.

The optionee should also refer to the Company’s HR Privacy Statement (which is available to the optionee separately and may be updated from time to time) for more information regarding the collection, use, storage, and transfer of the optionee’s personal data.

	11.	Mode of Communications: By accepting this option, the optionee agrees, to the fullest extent permitted by law, in lieu of receiving documents in paper format, to accept electronic delivery of any documents that the Company or Subsidiary may deliver in connection with this grant and any other grants offered by the Company, including prospectuses, grant notifications, account statements, annual or quarterly reports, and other communications, and to participate in the Plan through an online system established and maintained by the Company or a third party designated by the Company, including but not limited to the use of electronic signatures or click-through electronic acceptance of terms and conditions. Electronic delivery of a document may be made via the Company’s email system or by reference to a location on the Company’s intranet or website or the online brokerage account system. To the extent the optionee has been provided with a copy of these Terms and Conditions, the Plan, or any other documents relating to this grant in a language other than English, the English language document will prevail in case of any ambiguity or divergence resulting from the translation of such documents.

	12.	Foreign Exchange Restrictions: The optionee understands and agrees that neither the Company nor any Subsidiary is responsible or liable for (i) any foreign exchange fluctuation between the optionee’s local currency (if applicable) and the United States Dollar (or the selection by the Company or Subsidiary of any applicable foreign exchange rate it may determine in its discretion to be appropriate) that may affect the value of this option or the calculated income, taxes or other amounts thereunder, or any related taxes or other amounts, or (ii) any decrease in the value of Stock or this option. The optionee understands and agrees that any cross-border remittance made to exercise this option or transfer proceeds received upon the sale of Stock must be made through a locally authorized financial institution or registered foreign exchange agency and that the optionee will be solely responsible for satisfying any requirements to provide such entity with certain information regarding the transaction.

						
	13.	No Employment Rights or Other Entitlements: The optionee agrees that any awards under the Plan, including this option and these Terms and Conditions, do not confer upon the optionee any right to continued employment with the Company or a Subsidiary, nor do they interfere in any way with the right of the Company or a Subsidiary to terminate the employment of the optionee at any time, subject to applicable law. Nothing contained in these Terms and Conditions shall be deemed to constitute or create a contract of employment, nor shall these Terms and Conditions constitute or create the right to remain associated with or in the employ of the Company or a Subsidiary for any particular period of time. Furthermore, this grant is made solely at the discretion of the Company, and these Terms and Conditions, the Plan, and any other Plan documents (i) are not part of the optionee’s employment contract, if any, (ii) do not guarantee the optionee’s right to receive any future grants under the Plan or benefits in lieu of grants, even if options have been granted repeatedly in the past, and (iii) shall not be taken into account for purposes of any pension or retirement entitlement (except as expressly set forth in the plan providing for such pension or retirement entitlement) or result in the inclusion of the value of any grants in the calculation of severance payments, if any, upon termination of employment.

	14.	Compliance with Law: Notwithstanding anything to the contrary herein, the Company shall not be obligated to issue any Stock pursuant to this option, at any time, if the offering of the Stock covered by this option, or the exercise of this option by the optionee, violates or is not in compliance with any laws, rules or regulations of the United States or any state or country. Furthermore, the optionee understands that, to the extent applicable, the laws of the country in which the optionee is working at the time of grant, vesting, and/or exercise of this option (including any rules or regulations governing securities, foreign exchange, tax, labor or other matters) may restrict or prevent exercise of this option or may subject the optionee to additional procedural or regulatory requirements the optionee is solely responsible for and will have to independently fulfill in relation to this option, and the Company assumes no liability in relation to the option in such case, and that sales of Stock may be subject to restrictions under United States federal securities laws, and the laws, rules or regulations of any other relevant federal, state or local jurisdiction, and under Company policies including insider trading policies and procedures. Summaries of potentially applicable legal restrictions and requirements furnished in connection with the Plan, including in the Addendum attached hereto and in the Prospectus for the Plan and the stock option program thereunder, are not intended to be exhaustive, and the optionee acknowledges that other rules may apply. The Company reserves the right to impose other requirements on optionee’s participation in the Plan, stock option awards thereunder, and any Stock acquired under the Plan, to the extent the Company determines it is necessary or advisable to comply with applicable law or facilitate the administration of the Plan.

	15.	Governing Law and Forum: The optionee acknowledges that the Plan is administered in the United States and these Terms and Conditions shall be governed by and interpreted, construed, and enforced in accordance with the laws of the Commonwealth of Massachusetts without regard to its or any other jurisdiction's conflicts of laws provisions. For purposes of resolving any dispute that may arise directly or indirectly from these Terms and Conditions, the parties hereby submit and consent to the exclusive jurisdiction of the Commonwealth of Massachusetts in the United States and agree that any litigation shall be conducted only in the United States District Court for the District of Massachusetts or a court of the Commonwealth of Massachusetts. The optionee further acknowledges that shares of Stock subject to this option will be issued and administered consistent with the requirements of applicable Delaware law and any applicable stock exchange requirements, as determined by the Committee.

	16.	Waiver of Jury Trial; Forfeiture and Recoupment. By accepting this option, the optionee waives, to the maximum extent permitted under applicable law, any right to a trial by jury in any action, proceeding, or counterclaim concerning any rights under the Plan or this option award, or under any amendment, waiver, consent, instrument, document, or other agreement delivered (or that may be delivered in the future) in connection with this option; provided, however, that nothing in this Paragraph 16 limits the ability of the Company and the optioned to agree to submit any dispute arising under the terms of the Plan or this option award to binding arbitration. This option award is subject to forfeiture and/or repayment to the Company, as described in Section 13(j) of the Plan, if applicable to the optionee.

	17.	Other Terms: The provisions of these Terms and Conditions are severable, and if any one or more of the provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. To the extent applicable, the country-specific terms and conditions in the attached Addendum shall apply to this option.

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