¶¶Òõ¶ÌÊÓÆµ

Restricted Stock Grant Agreement Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Restricted Stock Grant Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Restricted Stock Grant Agreement

"I need a Restricted Stock Grant Agreement for our UK-based technology startup to grant 10,000 shares to our new Chief Technology Officer, with a four-year vesting schedule starting from March 1, 2025, and a one-year cliff period."

Document background
The Restricted Stock Grant Agreement is a fundamental document in equity compensation schemes under English and Welsh law. It is commonly used when companies wish to incentivize and retain key employees by granting them company shares that vest over time. The agreement specifies the terms of the share grant, including vesting schedules, transfer restrictions, and forfeiture provisions. This document must comply with the Companies Act 2006, Income Tax (Earnings and Pensions) Act 2003, and other relevant UK legislation. It's particularly important for start-ups, growth companies, and established corporations implementing employee retention strategies.
Suggested Sections

1. Parties: Identification of the company and the recipient of the restricted stock

2. Background: Context of the grant and reference to any relevant share schemes

3. Definitions: Key terms used throughout the agreement including 'Restricted Stock', 'Vesting Date', 'Restricted Period'

4. Grant of Restricted Stock: Details of shares being granted, including number, class and nominal value of shares

5. Vesting Provisions: Vesting schedule, conditions and mechanics of how and when restrictions will lapse

6. Transfer Restrictions: Limitations on transfer during restricted period and consequences of unauthorized transfer

7. Termination Provisions: Consequences of employment termination, including good leaver/bad leaver provisions

8. Company's Rights and Obligations: Company's obligations regarding share issuance, maintenance of registers, and corporate actions

9. Participant's Undertakings: Participant's agreements and warranties regarding compliance with restrictions and tax obligations

10. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and jurisdiction for disputes

Optional Sections

1. Tax Elections: Section 431 election provisions and process for making tax elections

2. Dividend Rights: Treatment of dividends during restricted period and any special dividend arrangements

3. Voting Rights: Specification of voting rights during restricted period

4. Change of Control Provisions: Treatment of restricted stock in the event of a change of control or corporate transaction

5. Malus and Clawback: Provisions for reducing or reclaiming shares in specific circumstances

Suggested Schedules

1. Section 431 Election Form: Standard form for making tax election under Section 431 ITEPA 2003

2. Vesting Schedule: Detailed timetable showing vesting dates and portions of shares that vest on each date

3. Share Rights and Restrictions: Detailed terms of the share class being granted, including any special rights or restrictions

4. Shareholders' Agreement Extract: Relevant provisions from the company's shareholders' agreement that apply to the restricted stock

5. Stock Certificate Template: Form of stock certificate to be issued for the restricted shares

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions































Clauses






























Relevant Industries
Relevant Teams
Relevant Roles
Industries

Companies Act 2006: Primary legislation governing company operations including share capital provisions, directors' duties, share transfer restrictions, registration requirements, and disclosure obligations

Employment Rights Act 1996: Framework for employment relationships, crucial as restricted stock is typically part of employee compensation, covering employment terms, conditions, rights and obligations

Income Tax (Earnings and Pensions) Act 2003: Tax legislation covering treatment of restricted securities, including Section 425 regarding restricted securities, Section 431 elections, and employment-related securities provisions

Financial Services and Markets Act 2000: Regulatory framework for financial services, particularly relevant for listed companies, covering market abuse regulations and disclosure requirements

UK Corporate Governance Code: Best practice guidelines for listed companies, particularly focusing on remuneration practices and corporate governance standards

Data Protection Act 2018 and UK GDPR: Legislation governing personal data handling and privacy considerations in business operations

EU Market Abuse Regulation (as retained in UK law): Regulations concerning insider dealing provisions and market manipulation rules, as maintained in UK law post-Brexit

UK Listing Rules and Disclosure Guidance: Regulatory requirements for listed companies covering transparency and disclosure obligations

UK Corporate Tax Laws: Framework of tax legislation covering corporation tax implications and capital gains considerations for share-based arrangements

Small Business, Enterprise and Employment Act 2015: Legislation requiring maintenance of Register of People with Significant Control and related corporate transparency measures

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Sweat Equity Partnership Agreement

find out more

Sweat Equity Contract

find out more

Simple Equity Investment Agreement

find out more

Simple Agreement For Equity

find out more

Equity Transfer Contract

find out more

Equity Linked Agreement

find out more

Equity Line Agreement

find out more

Equity For Services Agreement

find out more

Earned Equity Agreement

find out more

Co Founder Equity Agreement

find out more

Sweat Equity Operating Agreement

An agreement under English and Welsh law governing the exchange of services for company equity ownership.

find out more

Equity Participation Loan Agreement

A loan agreement under English and Welsh law that combines debt financing with equity participation rights for the lender.

find out more

Founders Restricted Stock Purchase Agreement

An English law agreement governing founders' purchase of restricted company stock, including vesting and transfer conditions.

find out more

Continuous Agreement For Future Equity

An English law agreement providing rights to future equity in exchange for immediate investment, commonly used in early-stage funding rounds.

find out more

Independent Contractor Equity Agreement

An English law agreement governing independent contractor services and equity compensation arrangements.

find out more

Convertible Loan Stock Agreement

An English law agreement governing the issuance of debt securities convertible into company shares, setting out terms of conversion, interest, and investor rights.

find out more

Equity Shares Agreement

An English law agreement governing the transfer and ownership of company shares, including rights and obligations of shareholders.

find out more

Employee Stock Grant Agreement

A legal agreement under English and Welsh law documenting the award of company shares to an employee, including terms, conditions, and obligations.

find out more

Preferred Equity Agreement

An English law agreement establishing terms for preferred equity investment, including preferential rights and investor protections.

find out more

Equity Split Agreement

A legally binding agreement under English and Welsh law that documents how ownership shares in a business are divided among multiple parties.

find out more

Private Equity Finder's Fee Agreement

An English law agreement setting out terms for introducing investment opportunities to private equity firms, including fee arrangements and regulatory compliance.

find out more

Convertible Loan Agreement Startup

An English law agreement for a loan that converts to equity in a startup, typically during future funding rounds.

find out more

Advisor Equity Agreement

A legal agreement under English and Welsh law defining terms for advisory services provided in exchange for company equity.

find out more

Startup Equity Contract

A legal agreement under English and Welsh law governing the issuance and rights of equity shares in a startup company.

find out more

Restricted Stock Grant Agreement

An English law agreement governing the grant of restricted company shares to employees or service providers, subject to vesting conditions and transfer restrictions.

find out more

Phantom Stock Award Agreement

An English law agreement granting synthetic equity rights that mirror the economic benefits of company shares without transferring actual ownership.

find out more

Equity Share Contract

A legally binding agreement under English and Welsh law governing the transfer of company shares between parties.

find out more

Equity Incentive Agreement

A legally binding agreement under English and Welsh law establishing terms for granting equity-based compensation to employees or contractors.

find out more

Equity Award Agreement

A legal agreement under English and Welsh law documenting the terms of equity-based compensation granted to individuals.

find out more

Convertible Agreement Regarding Equity

An English law agreement allowing investment to be converted into equity shares at a future date, commonly used in early-stage funding rounds.

find out more

Preferred Stock Agreement

A legally binding agreement under English and Welsh law governing the issuance and terms of preferred stock, including investor rights and privileges.

find out more

Equity Stake Agreement

A legal agreement governed by English and Welsh law that documents the terms and conditions of acquiring shares in a company.

find out more

Equity Release Agreement

A regulated agreement under English and Welsh law enabling homeowners to access property equity while retaining residence rights.

find out more

Equity Repurchase Agreement

A legal agreement under English and Welsh law governing a company's repurchase of its own shares from shareholders.

find out more

Equity Buyout Agreement

A legal agreement under English and Welsh law governing the sale and transfer of company shares between parties.

find out more

Private Equity Investment Agreement

A legal agreement governing private equity investment terms under English and Welsh law, establishing rights, obligations, and exit mechanisms between investors and target companies.

find out more

Equity Loan Agreement

A contract under English and Welsh law governing the provision of a loan secured against property with shared appreciation provisions.

find out more

Restricted Stock Unit Award Agreement

An English law agreement governing the award of Restricted Stock Units to employees, detailing vesting conditions and settlement terms.

find out more

Equity Pledge Agreement

A legally binding agreement under English and Welsh law creating security over shares or equity interests in a company.

find out more

Standby Equity Purchase Agreement

A UK-law governed agreement establishing a committed equity line facility between an investor and a company for flexible capital raising.

find out more

Restricted Stock Unit Agreement

An English law agreement governing the grant of restricted stock units to employees, establishing vesting conditions and settlement terms.

find out more

Restricted Stock Award Agreement

An English law agreement governing the award of restricted company shares to employees or service providers, subject to vesting and transfer restrictions.

find out more

Equity Commitment Agreement

A binding agreement under English and Welsh law that documents an investor's commitment to provide equity funding to a company, including terms, conditions, and timing of the investment.

find out more

Convertible Equity Agreement

An English law agreement allowing investment to convert into equity shares at a future date, typically used for early-stage company funding.

find out more

Phantom Equity Agreement

An English law agreement granting synthetic equity rights that mirror the economic benefits of share ownership without issuing actual shares.

find out more

Employee Equity Agreement

A legally binding agreement under English and Welsh law governing the grant of company equity to employees.

find out more

Standby Equity Distribution Agreement

An English law agreement establishing a flexible equity financing facility allowing companies to draw down capital by issuing new shares to a committed investor.

find out more

Equity Participation Agreement

A legal agreement under English and Welsh law governing the acquisition of company shares by an investor, including terms of investment and shareholder rights.

find out more

Equity Grant Agreement

An English law agreement documenting the grant of company equity (shares or options) to a recipient, including terms and conditions of the grant.

find out more

Vested Equity Agreement

An English law agreement governing the gradual acquisition of company equity through a vesting schedule.

find out more

Private Equity Subscription Agreement

An English law agreement governing the subscription for shares by private equity investors, including key terms and investor protections.

find out more

Equity Transfer Agreement

A legal agreement under English and Welsh law governing the transfer of equity ownership between parties.

find out more

Equity Distribution Agreement

A contract governed by English and Welsh law that establishes terms for the distribution of equity securities between an issuer and distributor.

find out more

Equity Contribution Agreement

A legally binding agreement under English and Welsh law that sets out terms for equity investment in a company.

find out more

Equity Buyback Agreement

A legal agreement under English and Welsh law governing a company's repurchase of its own shares from existing shareholders.

find out more

Limited Partnership Agreement Private Equity

A legal agreement establishing a private equity fund as a limited partnership under English and Welsh law, defining partner relationships and fund operations.

find out more

Equity Ownership Agreement

A legal agreement under English and Welsh law that establishes the terms of share ownership and shareholder relationships in a company.

find out more

Equity Investment Agreement

A legal agreement under English and Welsh law governing the terms of equity investment in a company, including share allocation and investor rights.

find out more

Employee Stock Options Agreement

A legal agreement under English and Welsh law granting employees the right to purchase company shares under specified terms and conditions.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.