SEC Contract Filing

Filing Date: 2021-11-15

Document Content:
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<TYPE>EX-10.3
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<DESCRIPTION>EX-10.3
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<DIV><FONT size="1" style="font-size:1pt;color:white">Exhibit 10.3 93875243_3 4824-5331-6313.v6 ROCKLEY PHOTONICS HOLDINGS LIMITED 2021 STOCK INCENTIVE PLAN (Adopted by the Board of Directors on March 31, 2021) (Approved by the Shareholders on August 6, 2021) Effective Date: August 11, 2021 </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white"> ROCKLEY PHOTONICS LIMITED 2021 STOCK INCENTIVE PLAN i 93875243_3 4824-5331-6313.v6 TABLE OF CONTENTS Page SECTION 1. ESTABLISHMENT AND PURPOSE.............................................................. 6 SECTION 2. DEFINITIONS. .................................................................................................. 6 (a) &#8220;2013 Plan&#8221; ...................................................................................................................... 6 (b) &#8220;Affiliate&#8221; ........................................................................................................................ 6 (c) &#8220;Award&#8221; ........................................................................................................................... 6 (d) &#8220;Award Agreement&#8221; ........................................................................................................ 6 (e) &#8220;Board of Directors&#8221; or &#8220;Board&#8221; ..................................................................................... 6 (f) &#8220;Cash-Based Award&#8221; ....................................................................................................... 6 (g) &#8220;Change in Control&#8221; ........................................................................................................ 6 (h) &#8220;Code&#8221;.............................................................................................................................. 8 (i) &#8220;Committee&#8221; .................................................................................................................... 8 (j) &#8220;Company&#8221; ...................................................................................................................... 8 (k) &#8220;Consultant&#8221; ..................................................................................................................... 8 (l) &#8220;Disability&#8221; ...................................................................................................................... 8 (m) &#8220;Employee&#8221; ...................................................................................................................... 8 (n) &#8220;Exchange Act&#8221; ............................................................................................................... 8 (o) &#8220;Exercise Price&#8221; ............................................................................................................... 8 (p) &#8220;Fair Market Value&#8221; ........................................................................................................ 8 (q) &#8220;ISO&#8221;................................................................................................................................ 9 (r) &#8220;Nonstatutory Option&#8221; or &#8220;NSO&#8221; .................................................................................... 9 (s) &#8220;Option&#8221; ........................................................................................................................... 9 (t) &#8220;Outside Director&#8221; ........................................................................................................... 9 (u) &#8220;Parent&#8221; ............................................................................................................................ 9 (v) &#8220;Participant&#8221; ..................................................................................................................... 9 (w) &#8220;Plan&#8221; ............................................................................................................................... 9 (x) &#8220;Purchase Price&#8221; .............................................................................................................. 9 (y) &#8220;Restricted Share&#8221; .......................................................................................................... 10 (z) &#8220;Restricted Stock Unit&#8221;.................................................................................................. 10 (aa) &#8220;Returning Shares&#8221; ........................................................................................................ 10 (bb) &#8220;SAR&#8221; ............................................................................................................................ 10 </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white"> ii 93875243_3 4824-5331-6313.v6 (cc) &#8220;Section 409A&#8221; .............................................................................................................. 10 (dd) &#8220