ESOP Grant Letter Checklist for Indian Startups: Vesting, Exercise Price, Tax, Board Approval and Employee Clarity
An ESOP grant letter should not be a vague promise of future wealth. It should explain exactly what is granted, when it vests, what the employee pays, what tax may arise and what happens if the person leaves.
ESOP Grant Checklist for Indian Startups: Exercise Price, Vesting, Tax, Cap Table and Board Approvals Founders Should Fix
ESOPs help startups hire and retain strong people, but a casual option promise can create tax, cap table and investor diligence problems. Founders should document the scheme, approvals, exercise price, vesting and grant records before issuing offers.