Employee Share Agreement Template for United Arab Emirates

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Employee Share Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Employee Share Agreement

"I need an Employee Share Agreement for our Dubai-based technology startup to grant restricted stock units to our senior developers, with a four-year vesting period starting from January 2025 and including both time-based and performance-based vesting conditions."

Document background
The Employee Share Agreement serves as a crucial document in the UAE corporate landscape, used when companies wish to offer equity participation to their employees as part of compensation or retention strategies. This agreement type must navigate specific UAE regulatory requirements, including federal labor laws, companies law, and securities regulations. It typically forms part of a broader employee incentive scheme and requires careful structuring to comply with local ownership restrictions and corporate governance requirements. The document is particularly important in the context of UAE's developing corporate tax framework and its impact on employee benefits. The agreement needs to address both current implementation requirements and future contingencies while remaining clear and accessible to employees.
Suggested Sections

1. Parties: Identification of the company issuing shares and the eligible employee

2. Background: Context of the agreement, including reference to any employee share scheme and board approvals

3. Definitions: Key terms used throughout the agreement, including Share, Vesting Period, Grant Date, etc.

4. Grant of Shares: Details of shares being granted, including number, class, and nominal value

5. Vesting Conditions: Temporal and performance-based conditions for share vesting

6. Issue Price and Payment: Share price (if any) and payment terms

7. Restrictions on Transfer: Limitations on selling or transferring shares during specified periods

8. Termination of Employment: Impact of various types of employment termination on share rights

9. Tax Obligations: Responsibilities for taxes arising from the grant or vesting of shares

10. Compliance with Laws: Obligations to comply with UAE securities laws and corporate regulations

11. Confidentiality: Requirements to maintain confidentiality of agreement terms

12. Governing Law and Jurisdiction: Specification of UAE law application and dispute resolution forum

Optional Sections

1. Tag-Along Rights: Rights of the employee to participate in sale of company shares - relevant for private companies

2. Drag-Along Rights: Company's right to force employee participation in sale - relevant for private companies

3. Dividend Rights: Terms regarding dividend entitlements - if different from standard share rights

4. Voting Rights: Special provisions regarding voting rights - if different from standard share rights

5. Change of Control: Specific provisions for corporate takeovers or mergers - particularly relevant for listed companies

6. Malus and Clawback: Provisions for recouping shares in case of misconduct - typically for senior executives

7. Non-Competition: Restrictions on working for competitors - typically for senior positions

8. Share Dealing Code: Additional trading restrictions - required for listed companies

Suggested Schedules

1. Share Details: Detailed specification of share class, rights, and numbers

2. Vesting Schedule: Detailed timeline and conditions for share vesting

3. Company Constitution Excerpt: Relevant sections of company's articles relating to share transfers

4. Acceptance Form: Form for employee to accept grant of shares

5. Tax Summary: Overview of tax implications in relevant jurisdictions

6. Share Scheme Rules: Full rules of the employee share scheme referenced in main agreement

7. Regulatory Compliance Checklist: List of requirements under UAE securities laws and regulations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Technology

Professional Services

Real Estate

Healthcare

Retail

Manufacturing

Energy

Telecommunications

Construction

Hospitality

Media and Entertainment

Relevant Teams

Human Resources

Legal

Finance

Executive Leadership

Corporate Governance

Compensation & Benefits

Company Secretariat

Compliance

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Senior Executive

Department Director

Senior Manager

Technical Lead

Senior Developer

Sales Director

Regional Manager

Senior Consultant

Investment Manager

Project Manager

Research Scientist

Product Manager

Business Development Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Employee Share Option Agreement

UAE-compliant agreement granting employees the right to purchase company shares under specified terms and conditions, subject to local corporate and securities regulations.

find out more

Option To Purchase Shares Agreement

UAE-governed agreement granting the right to purchase company shares at predetermined terms within a specified period.

find out more

Stock Option Award Agreement

UAE-governed agreement establishing terms for granting stock options to eligible participants, including exercise rights, vesting conditions, and regulatory compliance requirements.

find out more

Phantom Share Agreement

A UAE-governed agreement establishing synthetic equity rights that simulate share ownership benefits without transferring actual equity, used for employee incentivization.

find out more

Employee Share Agreement

UAE-governed agreement outlining terms for granting company shares to employees, including vesting conditions and transfer restrictions.

find out more

Employee Stock Option Agreement

UAE-governed agreement outlining terms for granting company stock options to employees, including vesting conditions and exercise rights.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.