Agent Equity Program

Agents and brokers with eXp are eligible to enroll to be paid 5% of every transaction commission with EXPI stock issued at a 10% discount.

Enrollment

Before enrolling in the Agent Equity Program, you will need to have activated your Shareworks account. First-time account users will need to go through the account setup process by accessing Shareworks through Okta.

Purchase

Shares purchased through the Agent Equity Program (AEP) will be bought at a 10% discount from the EXPI stock price (closing price) on the last day of the month in which the contributing transaction closed.
Stock purchased through the AEP is issued at the end of the following month. For example, at the end of May, the stock for any April transactions will post.
All shares issued through the AEP will be placed into the Shareworks account in the participant’s name.
No vesting requirements for AEP purchased shares.

Withdrawal

Changes in enrollment become effective on the 1st of the following month.

Issuance Errors:

In the event Participant identifies an error in any issued Shares received under the Program, Participant must notify EXPI as soon as possible by writing to the Stock Plan Services team via email at [email protected]. When contacting the Stock Plan Services team, Participant must provide:

Name and Agent ID number
Transaction number or property address of the Transaction that is the basis of the Shares issued with the error
A description of what Participant believes is wrong and a clear explanation of why Participant believes it is an error.

If Participant does not notify the Stock Plan Services team within thirty (30) days after the Issue Date, the issuance will be deemed to be correct and Participant will not be able to dispute any errors. If Participant notifies EXPI orally, EXPI will require Participant to send the notice in writing in the manner described above within two (2) business days, which shall not toll the 30 (thirty) day notice period in any way.

The Stock Plan Services team will notify Participant of the results of their investigation and if it is concluded that no error has occurred, they will send Participant an explanation. If it is concluded there was an error, the Stock Plan Services team will correct the error and notify Participant.

Governance

All equity programs are governed by eXp World Holdings, Inc.’s 2015 Equity Incentive Plan and the eXp 2015 Equity Incentive Plan Prospectus. eXp World Holdings, Inc. has adopted an Insider Trading Policy that prohibits employees, agents and contractors from the purchase or sale of EXPI stock based on material nonpublic information and from disclosing this information to others who may trade. The Agent Growth Incentive Program and Agent Equity Program are subject to modification or termination at the discretion of the Company’s Board of Directors.

eXp World Holdings Stock Plan Services

Tax Treatment of Agent Equity Program

Learn More

Nasdaq EXPI

eXp is an eXp World Holdings, Inc. (Nasdaq: EXPI) company. As a subsidiary of a publicly traded company, eXp offers real estate professionals the unique opportunity to earn equity awards for various achievements.

Visit Website