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Employee Shareholder Agreement
"Need an Employee Shareholder Agreement for our Singapore fintech startup where our senior developer will receive 2% ownership with a 3-year vesting schedule starting March 2025, including good/bad leaver provisions and tag-along rights."
1. Parties: Identifies the company, employee-shareholder and other relevant parties
2. Background: Sets out the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Share Subscription/Purchase: Details of shares being issued/transferred to employee
5. Payment Terms: Terms for payment of shares if applicable
6. Shareholder Rights: Voting rights, dividend rights and other shareholder privileges
7. Transfer Restrictions: Limitations on transfer of shares
8. Employment Relationship: Link between employment and shareholding status
9. Confidentiality: Obligations regarding company confidential information
10. Termination: Consequences of employment termination on shareholding
1. Tag-Along Rights: Right to join in sale of shares by majority shareholders
2. Drag-Along Rights: Majority shareholders' right to force minority to join in sale
3. Share Vesting Schedule: Timeline for share rights to vest
4. Non-Compete Provisions: Restrictions on competitive activities
1. Share Certificate: Copy of share certificate or details of shares
2. Shareholders' Agreement: Reference to or extract of relevant shareholders' agreement provisions
3. Company Constitution: Relevant extracts from company constitution
4. Vesting Schedule: Detailed timeline of share vesting if applicable
5. Share Valuation Method: Agreed method for valuing shares on transfer or exit
Authors
Articles of Association
Board
Business Day
Company
Completion
Completion Date
Confidential Information
Constitution
Director
Effective Date
Employee
Employment Agreement
Encumbrance
Fair Market Value
Financial Year
Good Leaver
Group
Law
Material Breach
Notice
Ordinary Shares
Parties
Purchase Price
Related Corporation
Relevant Securities
Reserved Matters
Shares
Share Certificate
Shareholder
Shareholders' Agreement
Subscription Price
Subsidiary
Tag-Along Right
Transfer
Transferee
Transferor
Vesting Date
Vesting Period
Vesting Schedule
Purchase Price and Payment
Completion
Conditions Precedent
Representations and Warranties
Share Rights and Restrictions
Vesting
Transfer Restrictions
Tag-Along Rights
Drag-Along Rights
Pre-emptive Rights
Employment Relationship
Good Leaver/Bad Leaver Provisions
Share Valuation
Dividend Rights
Voting Rights
Board Representation
Information Rights
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Data Protection
Termination
Exit Provisions
Put and Call Options
Death and Incapacity
Dispute Resolution
Governing Law
Assignment
Notices
Entire Agreement
Severability
Amendment
Costs
Force Majeure
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