Open source ESOP scheme document
Carefully curated & crafted with practitioners with years of
expertise in ESOPs. You can use these templates to get started on your ESOP design journey. The
appendix section of this open source policy also contains templates for: Grant letters, Exercise forms
& Nomination forms (Only for Startups registered in India).
*This document is intended to be used by startups for guidance purposes....Read
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only and does not constitute legal, tax or accounting advice. Startups should consult a lawyer to
review, customise and use these documents. MyStartupEquity or any person connected with it does not
accept or assume any responsibility or liability arising from the use of these documents. Startups,
before acting on any information herein, should seek appropriate professional advice and shall
solely be responsible / liable for any use or any decision taken on the basis of information
contained herein. Read
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Created by:
#LetsTalkESOP | Founders speak
Abhiraj Bhal
Co-founder, Urban Company
"Urban Company has created substantial value for its employees
through ESOPs, conducting three secondary sales in less than six years for existing employees
worth nearly $8mn. We believe a robust, employee-friendly ESOP programme is one of the pivotal
pillars in attracting and retaining talent and building team morale. We now want to extend this
framework to budding entrepreneurs and lend a helping hand in their entrepreneurial journey."
Sanjay Jha
Co-founder & CPO, MyStartupEquity
"Talent is the most important growth driver for a startup.
Therefore,
it’s not only important to attract top talent but also to retain and reward them and we have
seen ESOPs play a very important role here. We are happy to collaborate with Urban Company in
developing this ESOP framework which helps startups in India adopt not only an employee friendly
policy but also addresses the interests from the company’s side as well."
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