United States Synchronoss Tender

Synchronoss Technologies Inc. SNCR the Company or Synchronoss a global leader and innovator in cloud messaging digital and IoT products and platforms today announced that the Company issued restricted stock and stock option awards to five newly hired employees. Each of these grants was an inducement award that was approved by the Compensation Committee of Synchronoss Board of Directors and granted as an inducement equity award under the Companys 2017 New Hire Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635c4.Synchronoss granted the five newly hired employees an aggregate of 3975 time-based restricted stock awards. The shares of restricted stock will vest 25 on the first second third and fourth anniversary of the grant date subject to continuous service thereafter. In addition the employees received an aggregate of 1325 time-based stock option awards. The Stock Options will vest 25 on the first second third and fourth anniversary of the grant date subject to continuous service thereafter.