Restricted Stock Unit Agreement Template for Philippines

1. Foreign Ownership Restrictions: Required when recipient is non-Filipino, addressing compliance with Philippine foreign ownership limitations

2. Change in Control Provisions: Optional acceleration or special treatment of RSUs in case of company merger or acquisition

3. Electronic Delivery: Optional provisions for electronic administration and communications

4. Data Privacy Consent: Additional section required if detailed personal data processing is involved

5. Clawback Provisions: Optional provisions allowing company to recoup shares in specific circumstances

6. Performance Conditions: Required when RSUs are subject to performance-based vesting conditions

1. Schedule A - RSU Grant Notice: Details of specific grant including number of RSUs, grant date, and vesting schedule

2. Schedule B - Vesting Conditions: Detailed description of time-based and/or performance-based vesting conditions

3. Schedule C - Tax Summary: Summary of relevant Philippine tax implications and procedures

4. Appendix 1 - Equity Incentive Plan: Copy or summary of the relevant equity incentive plan under which RSUs are granted

5. Appendix 2 - Consent Forms: Required legal and regulatory consent forms including SEC clearances if applicable

6. Appendix 3 - Administrative Procedures: Procedures for RSU administration, settlement, and share issuance