Offer of Continued Employment with Phantom Equity
Employers, provide incentives to a valued employee with this Offer of Continued Employment with phantom equity. Provisions of the employment offer include:
This generic offer of employment is provided in MS Word format, and is totally editable to meet your specific circumstances.
- The employment will continue at the current rate of compensation, with bonuses paid from surplus profit distribution.
- The employee will be paid "phantom equity" compensation if the company is sold or undergoes a change of control.
- The phantom equity will consist of a percentage of the proceeds of the sale and will be subject to applicable employee source deductions.
- Also contains employee confidentiality, non-solicitation and non-competition provisions.
This generic offer of employment is provided in MS Word format, and is totally editable to meet your specific circumstances.
File Details
| Price: | $15.00(CAD) |
| Document ID: | 1056 |
| Downloads: | 48 |
| Date Added: | 2002-07-03 |
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