The Equity Award Agreement serves as a crucial document for Canadian companies implementing equity-based compensation programs. It is used when organizations want to grant stock options, restricted share units, or other equity awards to employees, executives, or other eligible participants. The agreement must comply with Canadian securities laws, tax regulations (including the Income Tax Act), and relevant provincial legislation. It typically forms part of a broader equity incentive plan and includes specific details about the grant, vesting conditions, exercise or settlement procedures, and termination provisions. This document is essential for both public and private companies in Canada looking to align employee interests with company success through equity participation.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the company granting the awards and the recipient
2. Background: Context of the agreement, reference to equity plan, and purpose of the grant
3. Definitions: Key terms used throughout the agreement including Award, Plan, Vesting Date, etc.
4. Grant of Award: Details of the equity award including number of shares/units and grant date
5. Vesting Schedule: Timeline and conditions for vesting of the awards
6. Exercise/Settlement: Process and requirements for exercising awards or receiving shares
7. Tax Obligations: Tax withholding requirements and responsibilities of both parties
8. Compliance with Laws: Securities law compliance and regulatory requirements
9. Termination Provisions: Treatment of awards upon various termination scenarios
10. Confidentiality: Obligations regarding non-disclosure of agreement terms and company information
11. General Provisions: Standard legal provisions including amendments, notices, and governing law
1. Performance Conditions: Used when vesting is tied to specific performance metrics or company goals
2. International Provisions: Required when award recipient is subject to laws of multiple jurisdictions
3. Change in Control: Special provisions for treatment of awards in case of company sale or merger
4. Shareholder Rights: Needed for private companies to address voting rights and share restrictions
5. Lock-up Agreement: Required for public companies regarding sale restrictions post-IPO
6. Clawback Provisions: Used when company policy requires potential repayment of awards
7. Non-Competition: Optional restrictions on working for competitors during the vesting period
1. Schedule A - Award Notice: Specific details of individual grant including number of shares/units and grant date
2. Schedule B - Vesting Schedule: Detailed timeline of vesting dates and portions
3. Schedule C - Exercise Notice: Form to be completed when exercising options
4. Schedule D - Tax Election Forms: Required tax forms including Section 85(1) election if applicable
5. Appendix 1 - Equity Incentive Plan: Copy or summary of the main equity plan governing the awards
6. Appendix 2 - Jurisdiction-Specific Terms: Additional terms required by local laws if applicable
Relevant legal definitions
Clauses
Relevant Industries
Technology
Financial Services
Professional Services
Manufacturing
Healthcare
Energy
Mining
Telecommunications
Retail
Real Estate
Biotechnology
Software
Consulting
Media and Entertainment
Relevant Teams
Human Resources
Legal
Finance
Executive Leadership
Corporate Governance
Compensation and Benefits
Payroll
Tax
Investor Relations
Corporate Secretary Office
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
General Counsel
HR Director
Compensation Manager
Stock Plan Administrator
Corporate Secretary
Senior Executive
Vice President
Director
Manager
Employee
Board Member
Consultant
Advisor
Find the exact document you need
Simple Share Exchange Agreement
A Canadian law-governed agreement facilitating the exchange of shares between companies, typically used in corporate restructuring or M&A transactions.
find out more
Buy Back Option Contract
A Canadian law-governed agreement granting the right to repurchase an asset under specified terms and conditions.
find out more
Corporation Share Transfer Agreement
A Canadian legal agreement governing the transfer of corporate shares between parties, ensuring compliance with federal and provincial corporate laws.
find out more
Share Retention Agreement
A Canadian legal agreement that establishes restrictions and conditions for shareholders regarding the retention and transfer of their shares, governed by federal and provincial corporate laws.
find out more
Share Surrender Agreement
A Canadian law-governed agreement documenting the voluntary surrender of shares by a shareholder back to the issuing corporation, including terms, conditions, and mutual obligations.
find out more
Term Sheet Share Purchase Agreement
A preliminary agreement under Canadian law outlining key terms and conditions for a proposed share purchase transaction, serving as a framework for the final agreement.
find out more
Share Transfer Agreement Private Company
A Canadian law-governed agreement for transferring shares between parties in a private company, including all necessary terms and conditions for the transaction.
find out more
Share Buyback Contract
A Canadian law-governed agreement documenting terms and conditions for a corporation's repurchase of its own shares from existing shareholders.
find out more
Simple Stock Option Agreement
A Canadian-compliant agreement granting stock options to eligible participants, specifying terms for share purchase rights and vesting conditions.
find out more
Phantom Unit Award Agreement
A Canadian legal agreement granting employees synthetic equity rights that track company share value without transferring actual ownership.
find out more
Simple Share Transfer Agreement
A Canadian legal agreement documenting the transfer of shares between parties, including terms, conditions, and regulatory compliance requirements.
find out more
Simple Stock Purchase Agreement Between Shareholders
A Canadian legal agreement facilitating the direct transfer of shares between shareholders in a private corporation, outlining key terms and conditions of the share sale.
find out more
Phantom Unit Agreement
A Canadian-law governed agreement establishing terms for phantom units as deferred compensation tracking company value appreciation.
find out more
Stock Compensation Agreement
A Canadian-law governed agreement outlining terms for granting company stock or equity-based compensation to employees, including vesting schedules and regulatory compliance requirements.
find out more
Share Profit Agreement
A Canadian-law governed agreement establishing terms and conditions for profit sharing between multiple parties, including calculation methods, distribution mechanisms, and regulatory compliance.
find out more
Stock Power Agreement
A Canadian legal document authorizing the transfer of corporate shares from one party to another, complying with federal and provincial securities regulations.
find out more
Stock Option Exercise Agreement
A Canadian legal document formalizing the exercise of stock options by an option holder to acquire company shares, ensuring compliance with relevant securities and tax laws.
find out more
Stock Appreciation Rights Agreement
A Canadian-law governed agreement establishing terms for Stock Appreciation Rights (SARs) granted to employees/consultants, including vesting, exercise, and payment terms.
find out more
Stock Warrant Agreement
A Canadian-law governed agreement granting the right to purchase company shares at a predetermined price and time, subject to federal and provincial securities regulations.
find out more
Stock Transfer Restriction Agreement
A Canadian-law governed agreement that establishes restrictions and procedures for transferring shares in a private corporation, ensuring controlled ownership.
find out more
Stock Lease Agreement
A Canadian-law governed agreement establishing terms for leasing corporate shares between a share owner and lessee, including rights, obligations, and regulatory compliance requirements.
find out more
Stock Distribution Agreement
A Canadian-law governed agreement establishing terms for company stock distribution, ensuring compliance with federal and provincial securities regulations.
find out more
Contract For Sale Of Shares In A Private Company
A Canadian law-governed agreement for the sale and purchase of shares in a private company, detailing transaction terms and ensuring legal compliance.
find out more
Stock Investment Agreement
A Canadian legal agreement governing the terms and conditions of a stock investment, including share acquisition details and investor rights.
find out more
Restricted Stock Grant Agreement
A Canadian-law governed agreement detailing terms of restricted stock grants to employees, including vesting schedules and compliance with securities and tax regulations.
find out more
Phantom Stock Award Agreement
A Canadian-law governed agreement establishing terms for granting phantom stock units as employee compensation, providing stock-like benefits without actual share issuance.
find out more
Equity Award Agreement
A Canadian-law governed agreement establishing terms for equity-based compensation including vesting, exercise rights, and regulatory compliance.
find out more
Stock Grant Agreement
A Canadian legal document that formalizes the grant of company shares to recipients, outlining terms, conditions, and compliance requirements under Canadian law.
find out more
Shareholder Redemption Agreement
A Canadian law-governed agreement detailing the terms and conditions for a corporation's repurchase of shares from its shareholder(s).
find out more
Business Shares Agreement
A Canadian-law governed agreement that establishes terms for share ownership, transfer, and management in a private company.
find out more
Stock Option Award Agreement
A Canadian legal agreement governing the grant of stock options to employees/consultants, detailing terms of grant, exercise, and vesting under Canadian securities and tax laws.
find out more
Partnership Share Transfer Agreement
A Canadian law-governed agreement facilitating the transfer of partnership interests between parties, including terms, conditions, and regulatory compliance requirements.
find out more
Share Mortgage Agreement
A Canadian legal agreement where corporate shares are pledged as collateral for a loan, establishing security interests and rights of the mortgagor and mortgagee under federal and provincial law.
find out more
Equity Repurchase Agreement
A Canadian law-governed agreement detailing terms and conditions for a corporation's repurchase of its shares from existing shareholders.
find out more
Stock Option Cancellation Agreement
A Canadian law-governed agreement documenting the cancellation of stock options between a company and option holder(s), including terms, consideration, and releases.
find out more
Stock Issuance Agreement
A Canadian legal agreement documenting the issuance of corporate shares to subscribers, ensuring compliance with federal and provincial laws.
find out more
Share Ownership Agreement
A Canadian-law governed agreement that establishes shareholders' rights, obligations, and relationships within a corporation, including share ownership, transfer rights, and governance provisions.
find out more
Share Cancellation Agreement
A Canadian law-governed agreement that documents and executes the cancellation of corporate shares, detailing terms, consideration, and regulatory compliance requirements.
find out more
Phantom Stock Agreement
A Canadian-law governed agreement establishing a phantom stock plan that provides employees with synthetic equity compensation, incorporating federal and provincial regulatory requirements.
find out more
Restricted Stock Unit Award Agreement
A Canadian-law governed agreement documenting the grant of restricted stock units to employees, including vesting conditions and settlement terms under applicable Canadian regulations.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)