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1. Change of Control: Provisions dealing with company sale, merger, or other change of control events - include if company anticipates such events

2. Non-Competition and Confidentiality: Additional restrictive covenants - include if not covered in separate agreements

3. International Provisions: Special provisions for cross-border arrangements - include if participant is foreign or if multiple jurisdictions involved

4. Clawback Provisions: Provisions for recovering payments in specific circumstances - include if required by company policy or regulatory requirements

5. Share Capital Adjustments: Provisions for adjusting phantom stock units in case of share splits or consolidations - include if company is likely to undergo capital restructuring

1. Schedule 1: Phantom Stock Option Certificate: Formal certificate detailing the specific grant including number of units, grant date, and exercise price

2. Schedule 2: Vesting Schedule: Detailed breakdown of vesting dates and conditions

3. Schedule 3: Valuation Methodology: Detailed methodology for calculating the Fair Market Value of phantom stock units

4. Schedule 4: Exercise Notice: Template form for option holder to exercise phantom stock options

5. Schedule 5: Tax Implications Summary: Detailed overview of tax treatment and calculations

6. Appendix A: Definitions: Extended definitions and technical terms if too lengthy for main agreement

7. Appendix B: Regulatory Compliance: Summary of relevant South African regulatory requirements and compliance measures