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    ESOP Offer Letter Template

    Uploaded by

    Vivek Chandrasekariah
    The letter offers an employee 2000 stock options in the company that will vest over 4 years. It recognizes the employee's contributions to helping the company grow and establishing its vision. The company has been successful in completing projects and building a strong technical team over the past 4 years. It is now targeting aggressive growth and wants the employee to share in its future success by participating as an early stakeholder in the company.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    ESOP Offer Letter Template

    Uploaded by

    Vivek Chandrasekariah
    4K views1 page
    The letter offers an employee 2000 stock options in the company that will vest over 4 years. It recognizes the employee's contributions to helping the company grow and establishing its vision. The company has been successful in completing projects and building a strong technical team over the past 4 years. It is now targeting aggressive growth and wants the employee to share in its future success by participating as an early stakeholder in the company.

    Original Description:

    Employee Stock Option Letter format

    Original Title

    ESOP Offer Letter Template.doc

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    The letter offers an employee 2000 stock options in the company that will vest over 4 years. It recognizes the employee's contributions to helping the company grow and establishing its vision. The company has been successful in completing projects and building a strong technical team over the past 4 years. It is now targeting aggressive growth and wants the employee to share in its future success by participating as an early stakeholder in the company.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    4K views1 page

    ESOP Offer Letter Template

    Uploaded by

    Vivek Chandrasekariah
    The letter offers an employee 2000 stock options in the company that will vest over 4 years. It recognizes the employee's contributions to helping the company grow and establishing its vision. The company has been successful in completing projects and building a strong technical team over the past 4 years. It is now targeting aggressive growth and wants the employee to share in its future success by participating as an early stakeholder in the company.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Bangalore

    24th Jan 2012

    CONFIDENTIAL

    Dear XXXX,

    The last 4 years @ <Co. Name> has been good growth years, its been eventful and challenging. We
    have emerged as a solid company with a superior technical team. We have successful completed many
    challenging projects with innovative offshore solutions. In addition, we have setup an excellent product
    incubation service.

    Our vision is to build a highly effective team, where each person is able to contribute to their potential
    and can take away a sense of accomplishment at the end of the day. We want a create a workplace
    where the team is challenged and rewarded for their performance and their passion to provide the best
    to our clients. In addition, the next few years, we are targeting aggressive growth, its essential that we
    work as a high performance team, raise the bar and rise much above the expectations.

    Your enthusiasm, commitment and dedication have been instrumental in helping <Co. Name> grow and
    putting our vision in practice. We @ <Co. Name> truly value having you in our team. And that’s why we
    didnt want any more time to pass before we let you know that the company is putting into place a plan
    to give direct stake to our business and future success going forward.

    We are pleased to provide you the opportunity to purchase a total of 2000 stock options of the company.
    These shares will be vested over a four year period in accordance with the following schedule
    commencing on the date of your employment with <Co. Name> Software Systems :
    ● 15% of the total number of shares subjected to the option shall be vested on the date that is one
    year after the vesting commencement date.
    ● 25% of the total number of shares subjected to the option shall be vested on the date that is two
    years after the vesting commencement date.
    ● 15% of the total number of shares subjected to the option shall be vested on six-month
    anniversary thereafter for the next two years.

    The exercise price of the option cannot be set at this point but shall be set by the board of directors
    based on the determination of the price based on company valuation by the accounting department. It
    is currently anticipated that this will be completed before the end of this financial year.

    We have great expectations for this company and that’s why we are so excited to be able to share with
    you the benefit of participating at this early stage in the company’s growth while the great value to be
    achieved is still to come. We are delighted to have you as a key member of <Co. Name> Software
    Systems and look forward to being a key contributor in the years ahead.

    Yours sincerely
    For <Co. Name>

    Vivek
    CEO

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