Employee Equity Agreement Template for Australia

1. Performance Conditions: Additional conditions linked to individual or company performance metrics that affect vesting

2. Change of Control Provisions: Special provisions that apply in case of a company sale or merger

3. Drag Along and Tag Along Rights: Rights and obligations in case of sale of majority shareholding

4. Bad Leaver Provisions: Specific consequences if employment terminates due to misconduct or similar circumstances

5. Dividend Rights: Terms regarding entitlement to dividends during vesting period

6. Employee Share Trust Provisions: Required if shares are held in trust during vesting period

7. Loan Provisions: Required if the company is providing a loan to fund the purchase of shares

8. Reconstruction Provisions: Addresses treatment of equity in case of corporate restructuring

1. Schedule 1 - Equity Terms: Detailed terms of the equity grant including number of shares/options, price, and key dates

2. Schedule 2 - Vesting Schedule: Detailed breakdown of vesting dates and quantities

3. Schedule 3 - Acceptance Form: Form for employee to formally accept the equity grant

4. Schedule 4 - Tax Election Forms: Required tax forms including any election for tax deferral

5. Schedule 5 - Company Constitution Excerpt: Relevant sections of the company constitution affecting the equity grant

6. Appendix A - Worked Examples: Examples illustrating vesting calculations and scenarios

7. Appendix B - Summary of Tax Implications: Detailed explanation of tax treatment and obligations