Introduction: Employee Stock Option Plan (“ESOP”) is an option granted to the employees to acquire certain number of shares allotted by the company, at a pre-determined price, at a future date. ESOPs are allotted only...
Tag - start-ups
What is an Employee Stock Option Plan (“ESOP”)? When company gives an employee the option to buy stocks of the company in the future, but at a pre-determined price, it is termed as ESOPs. It is an option given to the...
Introduction: Shares in a company are transferable like any other movable property, subject to any expressed restrictions under the Articles of Association (“AoA”) of the company. In India, share transfer is governed...
What is a Licensing Agreement? With the advent of rapid commercialization, one of the means of revenue generation of business entities or individuals is through licensing their intellectual property. Through licensing...
What is an NFT? Non-Fungible Token (“NFT”) is a digital token created using blockchain technology attached to a piece of art. These tokens are nothing, but cryptographic assets cemented with unique identification codes and...
Introduction: A contract is an agreement that is enforceable by law.[1] However, a Memorandum of Understanding (“MOU”) need not contain legally enforceable promises. This article aims to clarify the usage of both these...
Introduction: A technology development agreement sets out the terms and conditions between the developer and the customer, for building a tailor-made software as per the requirements of the customer. This agreement sets out...
How does startup funding work? It is necessary to identify the different participants before examining how a round of funding works. First, there are individuals looking to gain funding for their business. As a business...
Dream11, a company co-founded by Harsh Jain & Bhavit Sheth in 2008, which provides a Fantasy Gaming platform for many games such as cricket, football, baseball, basketball, handball, has suspended its operation owing to the...
Introduction While establishing an organization it is important to set out the foundation, clearly envision the mission and formulate certain ground rules between the parties who are starting the venture. The simple way is to...