Employee share schemes
We provide tailored employee share schemes to incentivise your hires, whilst ensuring that your company’s best interests are protected.
The price is exclusive of GST, tax will be calculated during the checkout.
Protect yourself with bespoke legal documents
Don’t risk your business with a DIY template, an auto generated legal document or an unsuitable law firm.
Our team of expert commercial lawyers will tailor bespoke legal documents to suit your unique needs and prioritise the commercial considerations for your business success.
What you get:
- Free consultation
- Done for you tailored legal documents to suit your needs
- Initial drafting and review + one round of amendments
- Practical legal advice
- Fast turnaround times (5-7 days)
Attracting top talent as a startup can be difficult
Startups in critical growth phases often struggle to balance budgets with the need to attract and remunerate top-tier talent. Under an ESS, startup founders can offer employees shares or options to buy shares in the company, helping to motivate and retain workers. These are typically reserved for lower-level equity givings (<10%), and are best suited for employees, contractors and advisers.
How do you mitigate the rRisks?
You want to incentivise your hires, but you need to ensure your company’s best interests are protected. A sloppy equity arrangement, coupled with high churn of workers, is a massive red flag for investors and could complicate things during an exit. Improperly drafted ESS plans usually result in issues such as:
- Underperforming or leaving employees still holding equity
- Employees being able to stop a sale or exit of the company for the founders
- High buyback fees
- Disputes and claims by employees
Proceed confidently with an attractive, but rigid ESS
Our lawyers are experts in ESSs, having drafted schemes for a multitude of high-growth startups and businesses across Australia. We can advise on:
- Best-practice for establishing an ESS or ESOP
- Best-practice vesting schedules
- Drafting all requisite documents, including option plans and letters
- Establishing leaver mechanics to allow flexibility in cases of termination, exits etc.
- Establishing drag-along rights (so that if the business sells, the majority can force the minority to sell at the same price)
Frequently asked questions
Looking for practical legal advice?
Tell us about your legal needs and we’ll get back to you within 1 business day.
The simple way to buy legal protection
Enjoy fixed fees, discounted packages, and fast turnaround times.
- Order a document or package
Order the individual legal documents you need or save money by upgrading to a bundled package. - Talk to us
We’ll call you in the next 48 hours to confirm your details and needs. - Fast turnaround times
Our team of expert commercial lawyers will draft bespoke documents to suit your needs within 1 week. - Implement protection
Start using your new legal documents in your business to operate with protection and confidence.
Our client satisfaction guarantee
Built to empower startups and entrepreneurs, here is how we aim to set you up for success.
Hear from our happy clients
We happily support startups and entrepreneurs in over 30+ industries all across Australia.
Protect yourself now or upgrade to a package and save
The Startup Package
- Unlimited contact us via phone or email*
- Legal health check
- Shareholders Agreement
- Software development agreement OR Terms for online businesses and software
- Trademark
The Legal Advisor Package
- Free consultation
- Tailored legal package complete with all the legal documents you need to protect your business
- Bundled package discounts
- Transparent fixed fees
- Fast turnaround times
The Intellectual Property Package
- Unlimited contact us via phone or email*
- Legal health check
- Trademark
- IP assignment deed
- NDA