Equity agreements often form a crucial part of the overall wages earned by certain types of executive employees. If you feel as though there are issues with your equity agreement, reach out to the seasoned professionals at Kesluk, Silverstein, Jacob, & Morrison to schedule your initial consultation today.
What’s in an Equity Agreement?
An executive equity agreement typically includes the following key elements:
- Specific details that lay out the type of equity being offered, such as stock options, RSUs, or other forms of equity compensation
- A vesting schedule, which is the timeline over which the equity will vest, specifying when you will earn the right to the equity
- Something known as an exercise price, which is the price at which you can purchase the stock
- Performance conditions, which are any performance metrics or conditions that must be met for the equity to vest
- Your rights and restrictions as an equity holder, including any restrictions on selling or transferring the equity