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:
Then click on the Termination Policies tab:
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.