Startup Employee Equity Agreement Template for Australia

1. Drag Along and Tag Along Rights: Include when the company wants to ensure it can force employees to sell their shares in certain circumstances

2. Bad Leaver Provisions: Include when the company wants specific consequences for employees who leave under negative circumstances

3. Share Buy-Back Arrangements: Include when the company wants the right to buy back shares in specific circumstances

4. IPO Provisions: Include when planning for a potential future public offering

5. Performance Conditions: Include when vesting is tied to specific performance metrics beyond time-based vesting

6. Shareholder Rights: Include when granting additional rights such as voting or dividend rights

7. Competition and Non-Solicitation: Include when wanting to restrict employee's ability to compete or poach after leaving

1. Schedule 1: Equity Terms: Detailed terms of the equity including class of shares/options, rights attached, and any restrictions

2. Schedule 2: Vesting Schedule: Detailed breakdown of vesting dates and percentages

3. Schedule 3: Valuation Methodology: Method for determining the value of the equity for various purposes

4. Schedule 4: Employee Share Trust Deed: If using a trust structure, the terms of the employee share trust

5. Schedule 5: Company Constitution Excerpts: Relevant sections of the company constitution affecting the equity

6. Appendix A: Acceptance Form: Form for the employee to formally accept the equity grant

7. Appendix B: Exercise Notice: Form for exercising options or rights (if applicable)