CRICUT, INC. INDEMNIFICATION AGREEMENTIndemnification Agreement • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • Delaware
This Indemnification Agreement (this “Agreement”) is dated as of [insert date], and is between Cricut, Inc., a Delaware corporation (the “Company”), and [insert name of indemnitee] (“Indemnitee”).
Underwriting AgreementUnderwriting Agreement • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • New York
Cricut, Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated in this underwriting agreement (this “Agreement”), to issue and sell to the Underwriters named in Schedule I hereto (the “Underwriters”), for whom Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are acting as representatives (the “Representatives”), an aggregate of [●] shares and, at the election of the Underwriters, up to [●] additional shares of Class A Common Stock, par value $0.001 per share (“Stock”), of the Company and the stockholders of the Company named in Schedule II hereto (the “Selling Stockholders”) propose, subject to the terms and conditions stated in this Agreement, to sell to the Underwriters an aggregate of [●] shares and, at the election of the Underwriters, up to [●] additional shares of Stock. The aggregate of [●] shares to be sold by the Company and the Selling Stockholders is herein called the “Firm Shares” and the aggregate of [●] additional shares to
Re: Confirmatory Employment LetterConfirmatory Employment Letter • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • Utah
This letter agreement (the “Agreement”) is entered into between Martin Petersen (“you”) and Cricut, Inc. (the “Company” or “we”). This Agreement is effective as of the date you sign it, as indicated below. The purpose of this Agreement is to confirm the current terms and conditions of your employment.
EMPLOYMENT AGREEMENTEmployment Agreement • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • Utah
This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into between Cricut, Inc., a Delaware corporation (the “Company”), and Ashish Arora (the “Executive”), effective as of the Effective Date (as defined below). The Company and the Executive are referred to collectively as the “Parties.”
PROVO CRAFT HOLDINGS, LLC ZERO STRIKE INCENTIVE UNIT SUBSCRIPTION AGREEMENTZero Strike Incentive Unit Subscription Agreement • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • Delaware
This ZERO STRIKE INCENTIVE UNIT SUBSCRIPTION AGREEMENT (this “Agreement”) is dated effective as of ___________ (the “Effective Date”), by and between Provo Craft Holdings, LLC, a Delaware limited liability company (the “Company”) and the party whose signature appears on the signature page hereto (the “Buyer”).
THE AWARD MADE PURSUANT TO THE TERMS OF THIS ZERO STRIKE INCENTIVE UNITS AWARD AGREEMENT, AND THE ZERO STRIKE INCENTIVE UNITS SUBJECT TO THE AWARD, HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, PLEDGED, OR...Zero Strike Incentive Units Award Agreement • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • Delaware
THIS ZERO STRIKE INCENTIVE UNITS AWARD AGREEMENT (this “Agreement”) dated as of ______ __, ______ (the “Date of Award”) represents the grant of the number of Zero Strike Incentive Units set forth in Section 3 (subject to adjustment in accordance with this Agreement, the “Zero Strike Incentive Units”) by Cricut Holdings, LLC, a Delaware limited liability company (the “Company”), to [Name] (the “Participant”), pursuant to the provisions of the Company’s Third Amended and Restated Limited Liability Company Agreement dated June 11, 2015, as it may be amended from time to time (the “LLC Agreement”). In consideration of the covenants and agreements herein contained, the parties hereto agree as follows:
Letter of ConfidentialityLetter of Confidentiality • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • Delaware
As you now know, you are being awarded certain Incentive Units in Cricut Holdings, LLC. Your participation is subject to the terms outlined in the Award Agreement, and is subject to conditions including (but not limited to) the vesting schedule and a management equity participation threshold. The award of these units comes on the recommendation of management, but is a grant authorized by the Cricut Holdings LLC Board of Managers directly to you. Because these Awards are being made to a select group of employees, the existence of the Award and the amount, conditions, and vesting of your units, is a sensitive and confidential matter. We request that it is not to be discussed between yourself and your manager1, or with any other employee or contractor of the Company, or to be disclosed in a way that makes the existence or details of the award likely to be known by other employees. Disclosure would constitute “cause” as defined in the Award Agreement. You are free to discuss the details of
PROVO CRAFT HOLDINGS, LLC INCENTIVE UNIT SUBSCRIPTION AGREEMENTIncentive Unit Subscription Agreement • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • Delaware
This INCENTIVE UNIT SUBSCRIPTION AGREEMENT (this “Agreement”) is dated effective as of ___________ (the “Effective Date”), by and between Provo Craft Holdings, LLC, a Delaware limited liability company (the “Company”) and the party whose signature appear on the signature page hereto (the “Buyer”).
CRICUT HOLDINGS, LLC a Delaware limited liability company ANNOUNCEMENT of BONUS PURCHASEBonus Purchase Agreement • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • Delaware
You (“Participant”) have purchased a Bonus Right (this “Right”) by Cricut Holdings, LLC, a Delaware limited liability company (the “Company”). This Right shall be subject to the terms and conditions of this Announcement of Bonus Purchase (this “Announcement”) and the Bonus Purchase Agreement attached hereto (the “Purchase Agreement”). The purpose and intent of this Right is to issue you an economic benefit, which will be economically equivalent to purchasing equity interests in the Company, without actually purchasing such interests. Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Purchase Agreement or if not defined in the Purchase Agreement, as ascribed to them in the Company’s Third Amended and Restated Limited Liability Company Agreement dated June 11, 2015, as it may be amended from time to time (the “LLC Agreement”), a copy of which has been provided to Participant.
OPTION AGREEMENTOption Agreement • March 16th, 2021 • Cricut, Inc. • Special industry machinery, nec • Delaware
This OPTION AGREEMENT (this “Agreement”) is dated effective as of December __, 2020 (the “Effective Date”), by and between Cricut Holdings, LLC, a Delaware limited liability company (the “Company”), and the party whose signature appears on the signature page hereto (the “Optionee”).
