This set of documents includes an automatically generated standard ESOP scheme document, an example grant letter, and an example board resolution document. These documents are meant for use by Indian startups wishing to grant equity in the form of options to employees.
This document set is designed for companies that have yet to formally create an ESOP scheme and can work with industry accepted standard settings.
Industry standard terms for ESOP schemes
Per Grant Vesting Schedule & Exercise Price
Allows for exercise during liquidity events
Veritas is an actuarial and consulting firm specialising in providing Employee Stock Option solutions (valuations, reporting, scheme designing and implementation) as well as advising and assisting clients on asset liability management of employee benefit schemes
ESOP Design, Implementation & Valuation