What you get from us

Current list of employees in the Startup grouped by function, designation and salary grouping

Current list of Founders, Directors and Investors in the Startup along with brief of the roles performed by each.

Prevailing MoA and AoA of the Startup Company.

Issue of mandate

Sharing all the pre-requisites (Refer FAQ 1)

Where clarity on the number and type of employees to whom ESOP is to be issued, opening call to discuss broadly on the overall exercise, seeking clarifications on the pre-requisites, establishing expectations and finalising on the timeline.

Where clarity on the number and type of employees to whom ESOP is to be issued is not there, in addition to the above, opening call to also discuss in-depth (including our suggestions) and finalise on the number and type of employees, founders and directors to whom ESOP is to be issued.

Carrying out a business valuation exercise to finalise issue price of ESOPs.

3-5 calls to discuss specific key areas of consideration in relation to the business valuation and also to discuss in-depth (including our suggestions) and finalise on the terms and conditions of the ESOP scheme like the grant period, vesting period, exit conditions etc.

Issue of Valuation Report

Issue of draft ESOP Scheme

Issue of draft Trust Deed, where an ESOP Trust is desired to be made.

Final call to discuss any key areas of consideration as required by the Management and scope for changes.

Issue of final ESOP Scheme, along with supplementary document templates and final Trust Deed.

Registration of ESOP Trust, where desired

Carrying out Statutory filings to complete the set-up of the ESOP Scheme.

It usually takes 10-15 working days and where an ESOP Trust is also desired to be established, 15-25 working days.

However, this is subject to timely receipt of pre-requisites and any other information/inputs required from the Startup during the exercise.