0001193125-21-300067 Sample Contracts

CISCO SYSTEMS, INC. STOCK OPTION ASSUMPTION AGREEMENT
Stock Option Assumption Agreement • October 15th, 2021 • Cisco Systems, Inc. • Computer communications equipment

As you know, on October 8, 2021 (the “Closing Date”), Cisco Systems, Inc. (“Cisco”) acquired Epsagon, Ltd. (“Epsagon”) (the “Acquisition”), pursuant to the Share Purchase Agreement by and among Cisco, Cisco Systems International B.V., Epsagon, certain shareholders of Epsagon and the Securityholders’ Agent dated as of August 12, 2021 (the “Acquisition Agreement”). On the Closing Date, you held one or more outstanding options to purchase ordinary shares of Epsagon stock subject to tax under Section 102(b)(2) of the Israeli Income Tax Ordinance [New Version]-1961 (“102 Options” and the “Income Tax Ordinance”, accordingly), granted to you under any stock option plan, program or arrangement of Epsagon, collectively, including the Epsagon 2018 Share Incentive Plan (together the “Plan”). Pursuant to the Acquisition Agreement, on the Closing Date, Cisco assumed Epsagon’s obligations to honor each of your unvested 102 Option(s) to purchase ordinary shares of Epsagon stock granted to you under t

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!