All Templates
Declare trust for shares
📑 Nominee agreement
Nominee Agreement (LTIP inc. Holding Period)
Nominee Agreement (LTIP inc. Holding Period)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useType of legal document
📑 Nominee agreementBusiness activity
Declare trust for sharesThe Nominee Agreement (LTIP inc. Holding Period) under UK law is a legal template that outlines the terms and conditions between a company (the "Issuer") and a nominee (the "Nominee") specifically in the context of the Long-Term Incentive Plan (LTIP) and holding period requirements.
The agreement establishes a formal arrangement between the Issuer and the Nominee, whereby the Nominee is appointed as the legal owner of certain shares or assets held on behalf of the Issuer, typically for the purpose of administering a LTIP or other incentive plan. The Nominee's role involves holding the shares or assets on a temporary basis and executing any necessary transactions or transfers upon the instructions of the Issuer.
The agreement addresses various important aspects, including the specific terms and conditions of the LTIP, such as the vesting schedule, performance criteria, and any bonus or incentive arrangements. It also outlines the minimum holding period during which the Nominee must retain control and ownership of the shares or assets, ensuring alignment with the LTIP's objectives of promoting long-term commitment and value creation.
Furthermore, the template typically covers provisions related to voting rights, dividend payments, and any restrictions or transfer limitations imposed on the Nominee during the holding period. It may also address potential scenarios like termination of the agreement, change in control events, or the possibility of nominee substitution or removal under certain circumstances.
By utilizing this legal template, both the Issuer and the Nominee can establish a clear understanding and legal framework for their working relationship, ensuring compliance with relevant UK laws and regulations governing nominee arrangements, LTIPs, and holding period requirements.
The agreement establishes a formal arrangement between the Issuer and the Nominee, whereby the Nominee is appointed as the legal owner of certain shares or assets held on behalf of the Issuer, typically for the purpose of administering a LTIP or other incentive plan. The Nominee's role involves holding the shares or assets on a temporary basis and executing any necessary transactions or transfers upon the instructions of the Issuer.
The agreement addresses various important aspects, including the specific terms and conditions of the LTIP, such as the vesting schedule, performance criteria, and any bonus or incentive arrangements. It also outlines the minimum holding period during which the Nominee must retain control and ownership of the shares or assets, ensuring alignment with the LTIP's objectives of promoting long-term commitment and value creation.
Furthermore, the template typically covers provisions related to voting rights, dividend payments, and any restrictions or transfer limitations imposed on the Nominee during the holding period. It may also address potential scenarios like termination of the agreement, change in control events, or the possibility of nominee substitution or removal under certain circumstances.
By utilizing this legal template, both the Issuer and the Nominee can establish a clear understanding and legal framework for their working relationship, ensuring compliance with relevant UK laws and regulations governing nominee arrangements, LTIPs, and holding period requirements.
How it works
Create doc / use template
Chat to our AI Legal Assistant
Edit, collaborate & share
Export to .docx
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Statement of Ethics boilerplate (Bribery Act 2010)
The Statement of Ethics boilerplate (Bribery Act 2010) under UK law is a legal template that outlines the ethical standards and policies of an organization in relation to anti-bribery measures. The document provides guidance on the expectations, responsibilities, and consequences of bribery within the business.
The template is in accordance with the Bribery Act 2010, a UK legislation aimed at combating bribery and corruption in both public and private sectors. It serves as a proactive tool for organizations to establish and communicate their commitment to ethical business practices, ensuring compliance with the law and promoting a culture of integrity.
The Statement of Ethics boilerplate typically covers various aspects, including definitions of bribery and associated offenses, guidelines for employees, agents, and third parties, procedures for reporting suspicions or incidents of bribery, consequences for violating the policy, and measures for preventing and detecting bribery activities within the company.
Customizable to suit the specific needs and nature of the organization, the template provides a starting point for businesses to develop their own comprehensive Statement of Ethics. By adopting this boilerplate, companies can reinforce their commitment to ethical conduct, promote transparency, and safeguard their reputation while complying with the Bribery Act 2010.
The template is in accordance with the Bribery Act 2010, a UK legislation aimed at combating bribery and corruption in both public and private sectors. It serves as a proactive tool for organizations to establish and communicate their commitment to ethical business practices, ensuring compliance with the law and promoting a culture of integrity.
The Statement of Ethics boilerplate typically covers various aspects, including definitions of bribery and associated offenses, guidelines for employees, agents, and third parties, procedures for reporting suspicions or incidents of bribery, consequences for violating the policy, and measures for preventing and detecting bribery activities within the company.
Customizable to suit the specific needs and nature of the organization, the template provides a starting point for businesses to develop their own comprehensive Statement of Ethics. By adopting this boilerplate, companies can reinforce their commitment to ethical conduct, promote transparency, and safeguard their reputation while complying with the Bribery Act 2010.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
2
RATINGS
1
DISCUSSIONS
1
Standard Wording For Et1 (Sex Discrimination And Unfair Dismissal)
This legal template, titled "Standard Wording For ET1 (Sex Discrimination And Unfair Dismissal) under UK law," is a standardized draft document designed to assist claimants in lodging their complaints with an Employment Tribunal (ET) in the United Kingdom.
The template primarily focuses on claims related to sex discrimination and unfair dismissal, two significant areas of employment law violations. It provides a structured format and pre-drafted language that claimants can use as a foundation while submitting their ET1 form – an initial document initiating the employment tribunal process.
Within this legal template, claimants can expect to find sections covering various critical aspects, such as their personal details, the respondent's (the employer) information, a detailed narrative outlining the circumstances of the case, relevant legal grounds for the complaint (specifically pertaining to sex discrimination and unfair dismissal), and any supporting evidence or witnesses involved. The wording within the template would be concise, clear, and align with the legal standards required by UK law.
While this template aims to provide a starting point, claimants should be aware that it may require customization to fit their specific circumstances and provide accurate details. Consulting with a legal professional or an employment law advisor is advisable before submitting the ET1 form to ensure a strong and effective case is presented to the Employment Tribunal.
The template primarily focuses on claims related to sex discrimination and unfair dismissal, two significant areas of employment law violations. It provides a structured format and pre-drafted language that claimants can use as a foundation while submitting their ET1 form – an initial document initiating the employment tribunal process.
Within this legal template, claimants can expect to find sections covering various critical aspects, such as their personal details, the respondent's (the employer) information, a detailed narrative outlining the circumstances of the case, relevant legal grounds for the complaint (specifically pertaining to sex discrimination and unfair dismissal), and any supporting evidence or witnesses involved. The wording within the template would be concise, clear, and align with the legal standards required by UK law.
While this template aims to provide a starting point, claimants should be aware that it may require customization to fit their specific circumstances and provide accurate details. Consulting with a legal professional or an employment law advisor is advisable before submitting the ET1 form to ensure a strong and effective case is presented to the Employment Tribunal.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
4
DISCUSSIONS
2
Standard Services Agreement
A Standard Services Agreement under UK law is a legal template that outlines the terms and conditions governing the provision and receipt of services between a service provider and a client or customer. This agreement is specifically designed to comply with the legal requirements and regulations of the United Kingdom and is tailored to serve as a foundation for any type of service-related business or industry.
The agreement covers crucial aspects such as the scope of services, payment terms, delivery timelines, intellectual property rights, confidentiality, liability limitations, termination rights, and dispute resolution mechanisms. It aims to establish a clear understanding between the parties involved, ensuring that both the service provider and the client are on the same page regarding their respective obligations and expectations.
By utilizing this Standard Services Agreement, businesses or individuals can save time and effort in drafting a customized contract from scratch. The template provides a solid framework that can be further modified or personalized to suit the specific needs and requirements of the parties involved. It serves as a legally binding document that protects the interests of both parties and provides a clear and enforceable framework for the provision of services in compliance with UK law.
The agreement covers crucial aspects such as the scope of services, payment terms, delivery timelines, intellectual property rights, confidentiality, liability limitations, termination rights, and dispute resolution mechanisms. It aims to establish a clear understanding between the parties involved, ensuring that both the service provider and the client are on the same page regarding their respective obligations and expectations.
By utilizing this Standard Services Agreement, businesses or individuals can save time and effort in drafting a customized contract from scratch. The template provides a solid framework that can be further modified or personalized to suit the specific needs and requirements of the parties involved. It serves as a legally binding document that protects the interests of both parties and provides a clear and enforceable framework for the provision of services in compliance with UK law.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
4
RATINGS
3
DISCUSSIONS
2
