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Option Clause in Employment Contract

I need to add a clause that outlines issuing options (rather than shares) to an executive for an early stage startup.

I need to add a clause to a contract that reflects the following:

Segment 1- October 15 2013- January 15 2014

Issue options 12,500 options now with the ability to exercise those options at specific increments in line with the vesting provisions:

Nov 15 2013- 4166

Dec 15 2013- 4166

Jan 15 2014- 4166

Segment 2- January 15 2014- January 15 2015

Issue options 75,000 options with the ability to exercise those options at specific increments in line with the vesting provisions:

April 15th 2014

July 15th 2014

October 15th 2014

January 15th 2015

I need to add something about the options being locked in at a certain or non-diluted.

Also, I need to know if it would be typical to have buy back clause with options

Habilidades: Contratos, Questões legais

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Acerca do Empregador:
( 3 comentários ) Sydney, Australia

ID do Projeto: #5129741

8 freelancers estão ofertando em média $75 para este trabalho

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