Louisiana Stock Option Agreement of charge. Com, Inc. is a legal contract between charge. Com, Inc. (the "Company") and an individual (the "Optioned") regarding the granting of stock options. This agreement outlines the terms and conditions under which the Optioned can purchase company stocks within a specific time frame. The Louisiana Stock Option Agreement grants the Optioned the right to purchase a certain number of shares at a predetermined price (the "Exercise Price") within a specified period (the "Vesting Period"). This agreement is designed to incentivize employees or other select individuals by offering them an opportunity to obtain ownership in the company. There are different types of Louisiana Stock Option Agreements of charge. Com, Inc. based on the purpose and eligibility criteria: 1. Employee Stock Option Agreement: This type of agreement is typically offered to employees of charge. Com, Inc. as a form of compensation or benefit. It allows eligible employees to purchase company stocks at a predetermined price. 2. Non-Employee Stock Option Agreement: This agreement is designed for consultants, advisors, or contractors who are not officially employed by charge. Com, Inc. However, due to their significant contributions or expertise, they are granted the opportunity to purchase company stocks. Key terms and provisions included in the Louisiana Stock Option Agreement may include: a. Grant of Options: Specifies the number of shares, exercise price, and vesting schedule for the options. b. Exercise Period: Defines the period within which the Optioned can exercise their stock options. c. Terms of Exercise: Outlines the procedures and requirements for exercising the stock options, such as providing written notice to the Company. d. Termination of Options: Describes the circumstances under which the stock options may be terminated, such as upon the Optioned's resignation or termination. e. Restrictions on Transfer: Sets limitations on the Optioned's ability to transfer or assign the stock options to others. f. Governing Law: Determines that the agreement will be governed by the laws of the state of Louisiana. g. Entire Agreement: States that the Louisiana Stock Option Agreement represents the entire understanding between the Company and the Optioned, superseding any prior agreements or understandings. The purpose of the Louisiana Stock Option Agreement is to align the interests of the Optioned with the success and growth of charge. Com, Inc. by providing them with a financial stake in the company. This agreement also serves as a means to retain and attract talent, improving overall motivation and commitment among employees and key stakeholders.