Key considerations in Founders Agreement

Anisha Patnaik, Founder

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ESOP (employee stock options plan) is an employee benefit plan that gives workers ownership rights in the company. ESOPs, Advisor Equity, Mentor Stock are terms that every startup founder comes across once they form their company. But is that all? More often than not, what is not clear is the difference between these terms.

How are ESOPs (employee stock options) different from mentor stock? What is advisor equity? Can I give ESOPs to my co-founders'? Do I need a grant letter when I have already mentioned ESOPs in my employee's offer letter? Who will have to bear the tax on ESOPs?

Find the answers to these questions and more in our workshop on structuring options and incentives.

Who Should Attend?

  • Founders, Promoters, Entrepreneurs

  • Directors

  • Mentors/Advisors

  • HR Personnel

About Speaker

Anisha Patnaik is the Founder of LexStart, Having advised 300+ startups across India, UAE, and Singapore & having worked on over 300 fundraising transactions at LexStart, aggregating to more than INR 12 billion. Anisha has been on to strengthening India’s Early Stage Ecosystem for almost 2 Decades, with her extensive experience in handling Corporate Commercial Laws & Fundraising Transactions.

Key Takeaways

  • ESOPs v. Advisory Stock v. Mentor Stock

  • Are ESOPs free shares? What happens if an employee leaves or a mentor/advisor abandons their role?

  • Most commonly used structures, mechanisms, and terms.

  • What are the tax and accounting implications to consider?