I will draft an equity incentive plan for your US startup
Licensed US Attorney Expert Startup Equity and SEC Compliance Specialist
About this Gig
Do you need to incentivize your team with more than just a salary? A robust Equity Incentive Plan (EIP) is essential for any growing US startup.
I am Danee Garone, a licensed US Attorney (#369119), and I will draft a comprehensive EIP that allows you to issue various types of equity awards.
This plan allows for:
- Incentive Stock Options (ISOs)
- Non-Qualified Stock Options (NSOs)
- Restricted Stock Units (RSUs) or Restricted Stock Awards (RSAs)
I focus on SEC exemptions (Rule 701) to ensure you aren't running afoul of federal securities laws. My documents are designed to be flexible, allowing your board to manage the equity pool effectively as you scale.
By hiring a licensed attorney, you ensure that your "claws" (repurchase rights) and "vesting" are enforceable and professionally articulated.
Don't risk your cap table with generic internet templates.
Requirements:
- Purpose of the plan (hiring, retention, etc.).
- Types of awards you intend to issue.
- Maximum share limit.
- State of incorporation.
Legal consulting Gigs are not screened
Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Pro freelancers in this category have gone through a vetting process. You can find more details here.
FAQ
What is the difference between an ESOP and EIP?
An EIP is often broader, allowing for RSUs and other award types beyond just options.
Is this compliant with Rule 701?
Yes, I draft with SEC Rule 701 exemptions in mind.
Can I use this for consultants?
Yes, the plan includes provisions for non-employee service providers.
Do I need shareholder approval?
Generally, yes. My Premium package includes the necessary consents.
Is the plan SEC-compliant?
I draft to ensure compliance with federal securities laws.
