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Legal - Restricted Stock Agreement #2
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Price: $10.99
At A Glance
This Word document is an agreement to be used when granting stock to employees and/or certain directors where the exercise of the stock is subject to certain restrictions. This tool is essentially the same as the Legal - Restricted Stock Agreement tool.
Background
There may be times when services are provided to a company in exchange for company stock. Generally, this type of stock is used primarily in start-up situations (private placements) and carries certain exercise restrictions. This document is a legally-binding agreement outlining the stock grant, its restrictions, and the limited transferability of the securities.
Benefits
Using this tool, you will have a template for developing your own restricted stock grant agreement. As state laws differ, it is strongly recommended you seek legal advice when preparing your document.
Time ROI
It takes on average 12 hours to create a document of this type. By using MyWorkTools.com, you will save approximately 10 hours since all you have to do is input your company specific information.

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