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:
