Stock Option Award Agreement Template for Hong Kong

1. Change of Control Provisions: Include when specific provisions are needed for corporate transactions or change in control scenarios

2. Clawback Provisions: Include when the company wants right to recoup options or proceeds in cases of misconduct

3. Non-Competition and Non-Solicitation: Include when options are tied to post-employment restrictive covenants

4. International Provisions: Include when grantee is based outside Hong Kong or options relate to multiple jurisdictions

5. Performance Conditions: Include when vesting is tied to specific performance metrics or conditions

6. Good Leaver/Bad Leaver Provisions: Include when different treatment of options is desired based on circumstances of employment termination

7. Shareholder Rights: Include when specific rights or restrictions regarding shareholding need to be detailed

1. Schedule 1 - Option Details: Detailed specifications of the option grant including number of shares, exercise price, and vesting dates

2. Schedule 2 - Notice of Exercise: Form to be completed by grantee when exercising options

3. Schedule 3 - Equity Incentive Plan: Copy or summary of the relevant equity incentive plan under which options are granted

4. Appendix A - Tax Summary: Summary of tax implications in relevant jurisdictions

5. Appendix B - Vesting Schedule: Detailed vesting schedule including any specific conditions or milestones

6. Appendix C - Compliance Requirements: Summary of regulatory requirements and compliance obligations