The Vesting Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These files are fully editable and printable, ensuring they cater to your specific requirements effortlessly.
Vesting Agreement Template – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Agreement 3. Vesting Schedule 4. Total Shares Granted 5. Conditions for Vesting 6. Acceleration of Vesting 7. Tax Responsibilities 8. Governing Law 9. Signatures and Acceptance
PDF
WORD
Examples
[Employee’s Name]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Company Name]
[Company Registration Number]
[Company Address]
[Company Phone]
[Company Email]
This Vesting Agreement (“Agreement”) outlines the terms under which the Employee will earn ownership rights in the Company’s equity awards over a specified period, commencing on [Start Date].
The equity awarded will vest according to the following schedule: [X]% will vest on the [First Anniversary Date], followed by [Y]% vesting annually thereafter until fully vested.
In the event of termination of employment, any unvested equity will be forfeited. Vested equity will remain under the terms of the Company’s stock option plan.
The Employee shall have the right to participate in the Company’s equity programs during their employment. Obligations include compliance with the Company’s policies regarding insider trading.
In the event of a change of control of the Company, all equity that is unvested as of the date of change will become fully vested immediately.
This Agreement shall be governed by the laws of the Province of [Your Province] and the federal laws of Canada applicable therein.
[Employee’s Signature]
[Employee’s Name]
[Company’s Signature]
[Company’s Name]
[Employee’s Name]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Company Name]
[Company Registration Number]
[Company Address]
[Company Phone]
[Company Email]
This Agreement establishes the terms under which the Employee will earn vested rights to stock options granted by the Company, effective as of [Start Date].
The Company grants the Employee a total of [Number] shares of common stock, subject to the vesting conditions outlined herein.
The vesting period for the shares shall be [X Years], with [Y]% vesting on each anniversary of the Grant Date.
If the Employee voluntarily resigns or is terminated for cause, all unvested shares shall be forfeited immediately.
Any transfer of vested shares must comply with the Company’s transfer policies and applicable securities laws.
This Agreement will be interpreted and governed according to the laws of Canada and the Province of [Your Province].
[Employee’s Signature]
[Employee’s Name]
[Company’s Signature]
[Company’s Name]
Printable
