[BigCommerce Holdings, Inc. Letterhead]
February 28, 2023
[Name]
[Address]
Re: Accelerated Vesting Terms of Equity Awards
Dear [Name]:
As you know, BigCommerce Holdings, Inc. (the “Company”) previously granted to you one or more options to purchase shares of Company common stock (“Options”) and/or restricted stock units covering Company common stock (“RSUs”) under the Company’s Amended and Restated 2013 Stock Plan (as amended, the “2013 Plan”) or its 2020 Equity Incentive Plan (the “2020 Plan”) (collectively, the “Outstanding Awards”) and may in the future grant you additional Options, RSUs and/or other equity awards covering Company common stock (together with the Outstanding Awards, the “Equity Awards”). You are receiving this letter (this “Letter”) because the Company has determined that your Equity Awards will be subject to accelerated vesting in certain circumstances as described in this Letter, subject to the terms and conditions set forth below.
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c. “Good Reason” shall mean “Good Reason” (or any term of similar effect) as defined in your Employment Arrangements.
Please indicate your acknowledgement of, and agreement to, the terms and conditions set forth in this Letter by signing and dating the enclosed duplicate original of this Letter in the space provided below and returning the signed letter to me at [___________] no later than [______], 2023. Please retain one fully-executed original for your files.
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Sincerely,
BigCommerce Holdings, Inc.
By: _______________________
[Robert Alvarez / Jeff Mengoli]
[Chief Financial Officer / Chief Legal Officer]
Acknowledged and Agreed.
(Signature) Date
Print Name: ___________________
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