The Restricted Stock Award Agreement is a crucial document used by companies operating under German law to grant shares of company stock to employees subject to certain restrictions and vesting conditions. This type of agreement is commonly implemented as part of employee compensation and retention strategies, particularly for key personnel and executives. The document must comply with German corporate law requirements, specifically the Aktiengesetz (Stock Corporation Act), as well as relevant securities, employment, and tax regulations. It typically includes detailed provisions on vesting schedules, transfer restrictions, shareholder rights, and tax implications. The agreement is particularly important for companies looking to align employee interests with company growth while maintaining compliance with German regulatory requirements and corporate governance standards.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the company (grantor) and the employee (grantee)
2. Background: Context of the agreement, reference to any equity incentive plan, and corporate authorizations
3. Definitions: Key terms used throughout the agreement, including 'Restricted Stock', 'Vesting Date', 'Restriction Period', etc.
4. Grant of Restricted Stock: Details of the stock award, including number of shares, grant date, and nominal value
5. Vesting Requirements: Vesting schedule, conditions, and requirements for the restrictions to lapse
6. Transfer Restrictions: Limitations on selling, transferring, or encumbering the shares during the restriction period
7. Shareholder Rights: Rights attached to the shares during the restriction period (voting rights, dividends)
8. Taxation: Tax obligations, withholding requirements, and responsibilities of both parties
9. Termination of Employment: Impact of various types of employment termination on the restricted stock
10. Data Protection: Provisions for handling personal data in compliance with GDPR and BDSG
11. Governing Law and Jurisdiction: Specification of German law as governing law and jurisdiction for disputes
12. Miscellaneous: Standard provisions including severability, entire agreement, and amendments
1. Change in Control: Provisions addressing the impact of corporate transactions on vesting and restrictions, relevant for listed companies
2. Works Council Approval: Reference to works council approval if required under BetrVG
3. Malus and Clawback: Provisions for recouping shares in case of misconduct, typically included for senior executives
4. International Provisions: Special provisions for cross-border employees or international tax implications
5. Lock-up Period: Additional holding requirements beyond vesting, often used in regulated industries
6. Competition and Non-Solicitation: Restrictions on competitive activities, typically for senior employees
1. Schedule 1: Award Details: Specific details of the grant including number of shares, grant date, and vesting schedule
2. Schedule 2: Equity Incentive Plan: Copy or summary of the relevant equity incentive plan under which the award is granted
3. Schedule 3: Tax Elections: Forms and instructions for any available tax elections under German law
4. Schedule 4: Shareholder Agreement: Summary of or reference to applicable shareholder agreements
5. Appendix A: Notice of Exercise: Template for accepting the award and acknowledging terms
6. Appendix B: Consent Forms: Data protection and other required consent forms under German law
Find the exact document you need
Company Equity Agreement
A German law-governed agreement establishing share ownership rights and obligations, regulating equity relationships between company stakeholders.
Download
Services For Equity Agreement
A German law-governed agreement where services are provided to a company in exchange for equity ownership instead of cash compensation.
Download
Limited Partner Agreement Private Equity
German law-governed Limited Partner Agreement for Private Equity investments, establishing partnership terms and regulatory compliance under HGB and KAGB.
Download
Equity Linked Agreement
German law-governed agreement establishing terms for equity-linked investment products, compliant with German and EU financial regulations.
Download
Restricted Stock Grant Agreement
A German law-governed agreement establishing terms for granting restricted company stock to employees or executives, including vesting conditions and regulatory compliance requirements.
Download
Equity Stake Agreement
A German law-governed agreement for the transfer of company shares, detailing terms of sale and purchase, shareholder rights, and corporate governance requirements.
Download
Private Equity Shareholders Agreement
German law-governed agreement establishing shareholders' rights and obligations in private equity investments, including governance and exit provisions.
Download
Equity Repurchase Agreement
A German law-governed agreement documenting the terms and conditions for a company's repurchase of its own shares from existing shareholders, in compliance with the Aktiengesetz.
Download
Restricted Stock Unit Award Agreement
A German law-governed agreement establishing terms for granting Restricted Stock Units (RSUs) to employees, including vesting, settlement, and compliance requirements.
Download
Equity Pledge Agreement
A German law security document creating a pledge over shares or equity interests in a company, typically used in financing transactions.
Download
Standby Equity Purchase Agreement
A German law-governed agreement establishing an investor's commitment to purchase newly issued shares from a company under predetermined terms and conditions.
Download
Restricted Stock Unit Agreement
A German law-governed agreement establishing terms for granting and administering Restricted Stock Units (RSUs) to employees.
Download
Restricted Stock Award Agreement
A German law-governed agreement establishing terms for granting restricted company stock to employees, including vesting conditions and transfer restrictions.
Download
Standby Equity Distribution Agreement
A German law-governed agreement establishing a committed equity financing facility where an investor agrees to purchase company shares over time, subject to German corporate and securities regulations.
Download
Equity Participation Agreement
German law-governed agreement documenting terms and conditions for equity investment in a company, including share acquisition, governance rights, and investor protections.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it