Document background
This Employment Contract With Equity is designed for Australian companies looking to attract and retain key talent by offering both employment and ownership opportunities. It is particularly suitable for startups, scale-ups, and established companies implementing employee equity schemes. The document incorporates all essential elements required under Australian employment law while adding sophisticated equity participation provisions. It's commonly used when hiring senior executives, key technical personnel, or other valuable employees where equity forms part of the compensation package. The contract ensures compliance with the Fair Work Act 2009, Corporations Act 2001, and relevant tax legislation, while protecting the company's interests through appropriate confidentiality, IP, and restraint provisions. This type of agreement has become increasingly important in the Australian market as companies compete for top talent and seek to align employee interests with company growth objectives.
