Vesting Agreement Template UK

The Vesting Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, and features customizable and printable samples.

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Vesting Agreement Template UK

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Vesting Agreement Template UK

1. Client Information


2. Service Provider Information


3. Agreement Details


4. Vesting Schedule

5. Acceleration Clauses

6. Rights and Obligations

7. Tax Implications

8. Confidentiality and Non-Disclosure

9. Amendment and Termination Clauses

10. Governing Law and Jurisdiction

11. Signatures and Acknowledgment

12. Declaration and Signatures



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WORD

Examples

Vesting Agreement Template UK (1)
Between:
[Name of the Company]
[Company Registration Number]
[Company Address]
[Company Director Contact Information]
And:
[Name of the Participant]
[Participant’s National Insurance Number]
[Participant’s Address]
[Participant’s Email]
Introduction:
This Vesting Agreement outlines the terms under which the Participant will acquire rights to certain equity in the Company, commencing on [Start Date], aligning the Participant’s interests with those of the Company.
Clause 1: Equity Grant
The Company hereby grants to the Participant [Number] shares/options of [Type of Equity, e.g., ordinary shares], subject to the vesting schedule outlined herein.
Clause 2: Vesting Schedule
The equity shall vest in accordance with the following schedule: [e.g., over a period of four years with a one-year cliff, with [Percentage]% vesting at the end of each year].
Clause 3: Acceleration of Vesting
In the event of a merger or acquisition of the Company, all unvested shares/options shall immediately vest upon [Specific Conditions, e.g., a change of control].
Clause 4: Termination of Employment
If the Participant’s employment with the Company is terminated for any reason, all unvested shares/options shall be forfeited, and vested rights will be exercised within [Specify Timeframe].
Clause 5: Governing Law
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Company Director]
[Name of the Company Director]
[Signature of the Participant]
[Name of the Participant]
Vesting Agreement Template UK (2)
Between:
[Name of the Company]
[Company Registration Number]
[Company Address]
[Company Director Contact Information]
And:
[Name of the Participant]
[Participant’s National Insurance Number]
[Participant’s Address]
[Participant’s Email]
Introduction:
This Vesting Agreement lays out the conditions granting equity rights to the Participant in the Company, effective from [Start Date], to promote commitment and retention.
Clause 1: Number of Shares/Options
The Participant is granted [Number] shares/options, classified as [Type of Equity].
Clause 2: Vesting Terms
The shares/options will vest according to the following terms: [e.g., full vesting at the end of a [Time Period], or a monthly vesting schedule over [Duration]].
Clause 3: Conditions for Vesting
The rights to the shares/options shall vest only upon the fulfillment of the following conditions: [Specify any conditions, such as performance targets or continued employment].
Clause 4: Rights and Obligations
The Participant shall have no rights as a shareholder with respect to any unvested shares/options, nor will they accrue any dividends or other distributions.
Clause 5: Governing Law
This agreement is governed by the laws of [Jurisdiction, e.g., England and Wales], and any disputes shall be settled by [Dispute Resolution Process, e.g., mediation].
Signed in [City], [Date].
Sincerely,
[Signature of the Company Director]
[Name of the Company Director]
[Signature of the Participant]
[Name of the Participant]

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PDF – 1 PDF – 2

Vesting Agreement Template UK