Startup Employee Equity Agreement Template for Indonesia

1. Tag-Along Rights: Optional protection allowing employee to join in sale of shares by founders - typically included for senior employees

2. Drag-Along Rights: Company's right to force employee to sell shares in case of company sale - included if significant equity is granted

3. Board Approval Process: Required for grants above certain thresholds or to senior management

4. International Employee Provisions: Special provisions for non-Indonesian employees regarding foreign ownership restrictions

5. Lock-up Period: Additional holding period restrictions - typically for pre-IPO companies

6. Bad Leaver Provisions: Specific consequences for termination due to misconduct - included for senior positions

7. Voting Rights: Specific voting arrangements if shares carry voting rights - typically for senior management

1. Schedule 1: Details of Equity Grant: Specific details of shares/options granted, including number, class, and nominal value

2. Schedule 2: Vesting Schedule: Detailed breakdown of vesting dates and percentages

3. Schedule 3: Shareholders Agreement Deed of Adherence: Form of deed binding employee to existing shareholders agreement

4. Schedule 4: Share Exercise Notice: Template form for exercising options

5. Schedule 5: Company's Articles of Association Excerpts: Relevant sections of the company's articles affecting share ownership

6. Appendix A: Tax Treatment Summary: Summary of applicable tax treatment and obligations

7. Appendix B: Regulatory Compliance Checklist: Checklist of required regulatory filings and approvals