Document background
The Employment Contract With Equity is designed for Canadian companies looking to attract and retain key talent by offering both employment security and company ownership opportunities. This document is particularly relevant for start-ups, scale-ups, and established companies implementing employee ownership programs. It combines standard employment provisions required under Canadian law with sophisticated equity compensation terms, making it suitable for high-value hires and strategic positions. The agreement ensures compliance with Canadian employment standards, securities laws, and tax regulations while protecting company interests through appropriate restrictive covenants. Typically used when hiring executives, senior managers, or key technical staff, this contract type reflects the growing trend of employee ownership in Canadian businesses and the need to align employee interests with company growth objectives.
