SUBSTITUTE OPTION AGREEMENT UNDER THE HOME POINT CAPITAL INC. 2021 INCENTIVE PLANSubstitute Option Agreement • March 17th, 2022 • Home Point Capital Inc. • Mortgage bankers & loan correspondents • Delaware
Pursuant to the terms and conditions of this Substitute Option Agreement (this “Option Agreement”) and the Home Point Capital Inc. 2021 Incentive Plan, as it may be amended and restated from time to time (the “Plan”), Home Point Capital Inc., a Delaware corporation (the “Company”), hereby grants to the Participant set forth on the signature page hereto (the “Participant”) the aggregate number of substitute Options set forth in the table on the signature page hereto, with each Option representing the right to purchase one share of Common Stock (collectively, the “Substitute Options”). The Substitute Options are “Substitute IPO Options” as set forth in the Plan. Capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Plan.
