FD Lite

ESOP RULES

fD LITE

EMPLOYEE SHARE OPTION PLAN (ESOP)

RULES

Our Pricing

We don’t believe in having a one-size-fits-all document.
Check out the 3 types of documents with different key features that we have for you and pick the one that suits your needs!

Standard Doc
Covers common provisions.
Complex Doc
Covers a wide range of permutations.

💡Key Features

Key Terms
  • Purpose & duration of ESOP
  • % of ESOP reserved
Admin
  • Administration & eligibility
  • Board determination
  • ESOP amendments
Formalities
  • Method of offer & acceptance
  • Lapse of offer
  • Vesting terms & method of exercise
  • Compliance with laws
Rights & Restrictions 
  • No distribution, no encumbrances, no transfer & non-assignment
  • Exceptions to restrictions on transfer
  • Stamp duty
  • No information rights
  • Other terms unaffected
Adjustments
  • Capital restructuring adjustments
  • ESOP SPV option
Terms of Issue 
  • Terms of issuance
  • Good leaver & bad leaver
  • Exercise of call option & settlement
Exit Events
  • Liquidity events
  • Early vesting & cash settlement
  • Drag-along rights
Others
  • Taxes & indemnity
  • Personal data & confidentiality
  • Order of precedence
US$ 1,034
Basic Doc
Covers basic provisions only.

💡Key Features

Key Terms
  • Purpose & duration of ESOP
  • % of ESOP reserved
Admin
  • Administration & eligibility
Formalities
  • Method of offer & acceptance
  • Lapse of offer
  • Vesting terms & method of exercise
Terms of Issue 
  • Terms of issuance
US$ 308

What We Can Do

We believe in giving you the right template! Check out the 3 variations of ESOP Rules that we have for you!

Scenario 1
  • 🏢  Venture capital-backed
  • 💸  Condition of investment that ESOP is adopted
  • ️👨‍💻  ESOP offered to >50 employees
  • 🚗  Special purpose ESOP vehicle
  • Analysis:
  • 📄 A complex doc is recommended.
Scenario 2
  • 👦🏻  Startup <18 Months
  • 👼  Angel investors only
  • ♟️️  ESOP to incentivise advisors
  • 🙋‍♂️  ESOP offered to <7 advisors
  • 🚧  Restrictions on trading of ESOP shares
  • Analysis:
  • 📄 A standard doc is recommended.
Scenario 3
  • 👶  Startup <12 months
  • 🥾  Bootstrap
  • ️💼  ESOP to incentivise employees
  • 🙋🏻  ESOP offered to <5 employees
  • 💲  No restrictions on trading of ESOP shares
  • Analysis:
  • 📄 A basic doc is recommended.

Our Resources

Confused about what an ESOP is?

Access our informative videos and infographics to find out how an ESOP can protect your startup!

VIDEO

INFOGRAPHIC

Any FAQs

FD Lite is a direct-to-consumer legal tech company providing high quality, affordable legal services reviewed by lawyers, without the need for direct interaction with lawyers.

Absolutely! The ESOP document is vet by qualified lawyers and tailored to suit your needs based on your answers to our questionnaire.

While it is not recommended, if you choose to proceed, this will be at your own risk. Our template products are currently tailored exclusively for individuals/entities for use in Singapore and the governing laws are assumed to be Singapore laws.

The document will be emailed to your specific email address within 2 to 3 working days after your purchase.

For more enquiries, please submit your enquiry at the enquiry button below or contact us at [email protected].

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