Equity Compensation Agreement Template

You can open the Equity Compensation Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Equity Compensation Agreement Template

Printable | Editable Form




Equity Compensation Agreement Template (1)
Between:
[Name of the Company]
[Company’s Registration Number]
[Company’s Address]
[Company’s Phone]
[Company’s Email]
And:
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
Introduction:
This Equity Compensation Agreement (the “Agreement”) is made as of [Effective Date], to outline the terms of the equity compensation offered to the Employee as part of their employment with the Company.
Clause 1: Grant of Equity
The Company agrees to grant the Employee [Number] shares of [Type of Equity] on the terms described herein.
Clause 2: Vesting Schedule
The shares shall vest according to the following schedule: [Specify vesting terms, e.g., 25% per year over four years].
Clause 3: Purchase Price
The purchase price for the equity granted shall be [Amount] per share, payable in accordance with the terms of this Agreement.
Clause 4: Tax Implications
The Employee acknowledges that they have been advised to consult with a tax professional regarding the tax implications of this Agreement and the equity compensation received.
Clause 5: Termination of Employment
Upon termination of employment, the rights of the Employee to unvested shares shall lapse, and any vested shares shall be subject to buyback by the Company at the fair market value.
Clause 6: Governing Law
This Agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Company Representative]
[Name of the Company Representative]
[Signature of the Employee]
[Name of the Employee]
Equity Compensation Agreement Template (2)
Between:
[Name of the Company]
[Company’s Registration Number]
[Company’s Address]
[Company’s Phone]
[Company’s Email]
And:
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
Introduction:
This agreement outlines the terms and conditions under which the Employee will receive equity as a component of their overall compensation package.
Clause 1: Equity Grant Details
The Company hereby grants the Employee [Number] shares of [Type of Equity], subject to the terms of this Agreement.
Clause 2: Vesting Terms
The vesting of the shares will occur in accordance with the schedule of [Specify vesting terms, e.g., cliff vesting after one year followed by monthly vesting].
Clause 3: Exercise of Options
Should the equity be granted as options, the Employee may exercise their options at any time after vesting at the predetermined exercise price of [Amount] per share.
Clause 4: Ownership Rights
The Employee shall have no rights as a shareholder until the shares are fully vested and any purchase price is paid.
Clause 5: Change of Control
In the event of a change of control as defined herein, all unvested shares shall immediately vest.
Clause 6: Entire Agreement
This document constitutes the entire agreement between the parties regarding the subject matter hereof and supersedes all prior agreements.
Signed in [City], [Date].
Sincerely,
[Signature of the Company Representative]
[Name of the Company Representative]
[Signature of the Employee]
[Name of the Employee]

Form

Please complete the form below to create the Equity Compensation Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Equity Compensation Agreement Template

1. Company Information


2. Employee Information


3. Grant Details


4. Vesting Schedule

5. Termination Conditions

6. Rights of Shareholder

7. Tax Implications

8. Governing Law

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Equity Compensation Agreement Template

Printable | Editable Form




Equity Compensation Agreement Template