CHURCH & DWIGHT CO., INC.
2022 OMNIBUS EQUITY COMPENSATION PLAN
NONQUALIFIED STOCK OPTION GRANT
This STOCK OPTION GRANT AGREEMENT (the “Agreement”), dated as of [Month DD, YYYY] (the “Date of Grant”), is delivered by Church & Dwight Co., Inc. (the “Company”) to [Participant Name] (the “Grantee”).
RECITALS
The Church & Dwight Co., Inc. 2022 Omnibus Equity Compensation Plan (as amended and restated effective as of April 28, 2022), as it may be amended from time to time (the “Plan”), provides for, among other things, the grant of options to purchase shares of common stock of the Company. The Company’s Board of Directors (the “Board”) has decided to make a stock option grant as an inducement for the Grantee to continue in the service of the Company as a member of the Board and promote the best interests of the Company and its stockholders. Any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan.
NOW, THEREFORE, the parties to this Agreement, intending to be legally bound, hereby agree as follows:
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Vesting Date(s)
| Shares for Which the Option is Exercisable on the Vesting Date(s) |
The earlier of (i) the third (3rd) anniversary of the Date of Grant, or (ii) the third (3rd) annual meeting of the Company’s stockholders following the Date of Grant | 100 % |
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IN WITNESS WHEREOF, the Company has caused its duly authorized officer to execute and attest this Agreement, and the Grantee has executed this Agreement, effective as of the Date of Grant.
CHURCH & DWIGHT CO., INC.
By:
Name:
Title:
Grantee:
Date:
[Signature Page – Option Award Agreement]