Description
The Restricted Unit Grant Agreement is a legally binding document between a company and a Grantee, outlining the terms and conditions under which specific units of the company are granted. This agreement is essential for companies looking to formalize the grant of founder units or other equity interests while ensuring compliance with regulatory requirements. The agreement covers critical aspects such as the grant of units, restrictions on transfer, payment of withholding taxes, and dispute resolution. It also includes necessary exhibits and a statement of risk factors to ensure that all parties are fully informed of their rights and obligations.