Options and Agreements
Shares can be issued and share options granted at any point during the life of your business. It is fine to start your company with just a small number of ordinary shares if that is appropriate. In other cases you may be starting your business with other people and with professional investors. We can explain the implications of various structures.
We draft numerous shareholder agreements for start-ups and joint venture agreements. We will ensure shareholder representation on the joint venture board, management control provisions, and dead-lock resolution provisions.
If your wish is to incentivise your highly valued staff we can draft approved and non-approved share incentive schemes including Enterprise Management Incentive schemes and phantom share options. We take into account your commercial goals and can support your incentive scheme with carefully considered shareholder agreements including good leaver and bad leaver provisions, weighted voting rights and exit events such as sale or flotation.