Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Employment Contract With Equity
"I need an Employment Contract With Equity for hiring a Senior Software Engineer at my Series A startup, including a 4-year vesting schedule with a 1-year cliff, starting March 1, 2025, and offering 0.5% equity in common stock options."
1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Context of employment relationship and equity arrangement
3. Definitions: Key terms used throughout the agreement including defined terms related to equity compensation
4. Employment Terms: Position, duties, responsibilities, and reporting structure
5. Compensation: Salary, benefits, and basic equity terms
6. Equity Grant Details: Type of equity, amount, vesting schedule, and conditions
7. Term and Termination: Duration of employment and termination provisions
8. Confidentiality: Protection of company's confidential information
9. Intellectual Property: Ownership of work product and inventions
1. Non-Compete: Restrictions on competitive activities (include only where permitted by state law)
2. Severance: Terms of separation payments and benefits for executive or key employee agreements
3. Change of Control: Rights and obligations upon company sale/merger for senior executives
4. Relocation: Terms of any relocation assistance when employee must relocate
1. Schedule A - Equity Plan: Full terms of company's equity incentive plan
2. Schedule B - Stock Option Agreement: Detailed terms of stock option grant
3. Schedule C - Restricted Stock Agreement: Terms of restricted stock grant if applicable
4. Schedule D - Benefits Summary: Overview of employment benefits package
5. Schedule E - Job Description: Detailed outline of role and responsibilities
Authors
Company
Confidential Information
Cause
Change of Control
Common Stock
Competitive Business
Effective Date
Equity Plan
Exercise Price
Fair Market Value
Good Reason
Grant Date
Intellectual Property Rights
Option
Plan
Preferred Stock
Restricted Stock
RSUs
Securities Act
Services
Stock
Subsidiary
Term
Termination Date
Vesting Commencement Date
Vesting Schedule
Work Product
Duties and Responsibilities
Compensation and Benefits
Equity Grant
Vesting
Exercise Rights
Lock-up
Tag-along Rights
Drag-along Rights
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Work Location
Working Hours
Vacation and Leave
Termination
Severance
Change of Control
Representations and Warranties
Tax Matters
Compliance with Laws
Assignment
Amendments
Governing Law
Dispute Resolution
Notices
Entire Agreement
Severability
Waiver
Find the exact document you need
Download our whitepaper on the future of AI in Legal
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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.