Vested Equity Agreement Template for Canada

1. Tag-Along Rights: Include when providing rights to join in sale of shares by major shareholders

2. Drag-Along Rights: Include when majority shareholders want right to force minority holders to join in sale

3. Right of First Refusal: Include when company or other shareholders should have first right to purchase shares being sold

4. Tax Provisions: Include detailed tax treatment section if complex tax implications exist

5. Board Observation Rights: Include if granting rights to attend board meetings

6. IP Assignment: Include if equity grant is tied to intellectual property rights

7. Non-Competition: Include if requiring non-compete provisions tied to equity ownership

8. Special Vesting Triggers: Include if specific events (like change of control) affect vesting

1. Schedule A - Vesting Schedule: Detailed breakdown of vesting dates and percentages

2. Schedule B - Share Certificate: Form of share certificate to be issued

3. Schedule C - Shareholders' Rights: Detailed description of rights attached to shares

4. Schedule D - Board Resolutions: Copy of board resolutions approving the equity grant

5. Schedule E - Consent of Spouse: Spouse's acknowledgment and consent to terms (if required)

6. Appendix 1 - Tax Election Forms: Required tax forms including Section 85 election forms if applicable

7. Appendix 2 - Share Valuation: Independent valuation report or calculation of share value