EX-10.14 6 a10-kexhibit1014formoftime.htm EXHIBIT 10.14 TIME-BASED Exhibit




Exhibit 10.14
Form of Allocation Letter
Criteo 2015 Time-Based Free Share (RSU) Plan


[Beneficiary Name and Address]                            
[Date]

Letter delivered by electronic delivery

[Name of Beneficiary],

We have the pleasure to inform you that, pursuant to the authorization granted by the shareholders’ meeting held on October 23, 2015, the board of directors of Criteo (the « Company »), during its meeting held on [ ] (the « Grant Date »), granted to you free shares of the Company, under the terms and conditions provided for in Articles L. 225-197-1 to L. 225-197-5 of the French Commercial Code and in the 2015 Time-Based Free Share Plan of the Company (the « 2015 Time-Based Plan »).
The board of directors granted to you [ ] restricted stock units in respect of ordinary shares of the Company (the « Shares »), with a par value of EUR 0.025 each.
The period (named « vesting period ») at the end of which the grant will become effective and final (i.e., the Shares will be issued to you and be your property), has been set at [ ] years as from the Grant Date: [details of vesting scheduled to be inserted]. The Shares will thus be definitively acquired at the end of the vesting period unless you shall cease to be an employee of the Criteo group for any reason whatsoever during the vesting period.
In the event of Disability (as defined under Article 6.5 of the 2015 Time-Based Plan) before the end of the vesting period, the free Shares shall be definitively acquired on the date of Disability. In the event of death of during the vesting period, the free Shares shall be definitively acquired at the date of the request of allocation made by your beneficiaries in the framework of the inheritance. The request for allocation of the Shares shall be made within six (6) months from the date of death in compliance with Article L. 225-197-3 of the French Commercial Code.
By acknowledging this grant, you hereby acknowledge and agree that any Allocation (as defined in the 2015 Time-Based Plan) pursuant to the 2015 Time-Based Plan shall be subject to any applicable Criteo clawback policy, as adopted by Criteo from time to time.
The detailed terms of such grant are described in the 2015 Time-Based Plan, a copy of which is attached hereto.
Thank you for sending a copy of the 2015 Time-Based Plan to legal.corporate@criteo.com, duly initialed and signed, not later than [ ], failing which the above grant shall be null and void.
    
Yours sincerely,
CRITEO