An expiration policy is what determines how much time a shareholder has to exercise their options after termination. To view or modify Expiration Policies, click “Equity Plans,” then “Plans & Vesting” from the Dashboard. Scroll down to the bottom of the page to view existing Expiration Policies.
After creating the policy, you can adjust each issuance to use that policy:
When you terminate the shareholder in the system, the auditor will base the vested shares cancellation date on the amount of time you indicated in the policy: