Employee Equity Agreement Template for South Africa

1. BEE Compliance: Required for companies subject to B-BBEE requirements, detailing how the equity grant supports transformation goals

2. International Provisions: Required for agreements involving international employees, addressing cross-border implications

3. Lock-up Period: Additional restrictions on dealing with shares, typically used for listed companies

4. Tag-Along Rights: Optional protection for minority shareholders, typically in unlisted companies

5. Drag-Along Rights: Company's right to force participant to sell shares in certain circumstances

6. Put and Call Options: Optional rights for either party to buy/sell shares under specific conditions

7. Company Buy-Back Rights: Company's right to repurchase shares in specific circumstances

1. Equity Allocation Details: Specific number of shares/options granted, including class and type

2. Vesting Schedule: Detailed timeline of vesting dates and proportions

3. Valuation Methodology: Method for determining share value, particularly important for unlisted companies

4. Company Information: Relevant company details including shareholding structure

5. Tax Calculations: Examples of tax implications and calculations

6. Acceptance Form: Form for employee to formally accept the equity offer

7. Company Constitution Excerpts: Relevant sections of the company's constitution affecting equity holders