Here’s where you can find a U.S.-compliant general Phantom Stock share agreement template:
You can download a customizable Phantom Stock Agreement template in Word or PDF format from Business-in-a-Box, complete with fill-in-the-blank provisions you can tailor to your needs: Phantom Stock Agreement
Reins also offers a free state-specific template, drafted by lawyers, that supports flexible triggers like a sale-of-the-company payout: Phantom Stock Agreement
If you’d prefer to review real-world sample language, SEC filings and public company “Form of Phantom Share Agreement” exhibits, including ones from Sterling Bancshares or Parker Drilling, show detailed vesting, payout and termination clauses: Sample Language
Does that help clarify things? I want to make sure I didn’t leave anything out.
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Where can I find a form for creating a Phantom Stock share agreement?
I understand you're looking for a form for creating a Phantom Stock share agreement. Have you already identified the key terms and conditions you'd like to include in the agreement?
Yes
Are you looking for a general template for a Phantom Stock share agreement, or do you have specific requirements that need to be addressed in the document?
I need a general template
Is there anything else the Lawyer should know before I connect you? Rest assured they'll be able to help with your Phantom Stock agreement.
At this point I don't think so
Hello! Legal Eagle here, and I am an attorney specializing in your area of law. I am more than happy to help you with your situation! To confirm, are you looking for a template that is compliant with U.S. business law?
Yes. I am a business consultant that is working with a client. As part of our agreement to engage, I am requesting 10% equity of the business in the form of Phantom shares.
Thanks so much for requesting me! Can you tell me more about how you envision these phantom shares would be structured, particularly regarding the vesting schedule and the specific events or metrics that would trigger a payout?
The Phantom shares would vest upon the sale of the business and basically amount to 10% of the business sale price.
Ok! Did you need to tell me anything else? If not, I can start with answering your question.
I think that will do it for now.
Ok! I've been working on an answer while we've been chatting, so it'll just be a moment.
Here’s where you can find a U.S.-compliant general Phantom Stock share agreement template:
You can download a customizable Phantom Stock Agreement template in Word or PDF format from Business-in-a-Box, complete with fill-in-the-blank provisions you can tailor to your needs: Phantom Stock Agreement
Reins also offers a free state-specific template, drafted by lawyers, that supports flexible triggers like a sale-of-the-company payout: Phantom Stock Agreement
If you’d prefer to review real-world sample language, SEC filings and public company “Form of Phantom Share Agreement” exhibits, including ones from Sterling Bancshares or Parker Drilling, show detailed vesting, payout and termination clauses: Sample Language
Does that help clarify things? I want to make sure I didn’t leave anything out.
Did you have any other details you needed addressed or did you have any concerns in general you still needed addressed?
