ºÚÁÏÊÓÆµ

Restricted Stock Unit Agreement Template for India

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

4.6 / 5
4.8 / 5

Let's create your Restricted Stock Unit 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 Unit Agreement

"I need a basic Restricted Stock Unit Agreement for my Indian technology startup to grant RSUs to 50 employees, with a four-year vesting schedule starting March 2025 and standard termination provisions."

Document background
The Restricted Stock Unit Agreement serves as a crucial document for companies operating in India who wish to offer equity-based compensation to their employees. It is commonly used by both Indian companies and multinational corporations with Indian operations to attract and retain talent while aligning employee interests with company growth. The agreement must comply with various Indian regulations, including the Companies Act, 2013, SEBI guidelines, and relevant tax laws. This document typically details the RSU grant terms, vesting conditions, exercise procedures, and tax implications, while ensuring compliance with Indian securities laws and foreign exchange regulations where applicable. It's particularly important for companies looking to implement long-term incentive programs or establish employee stock ownership structures within the Indian regulatory framework.
Suggested Sections

1. Parties: Identifies the company granting the RSUs and the employee receiving them

2. Background: Explains the context of the RSU grant and references the equity plan under which RSUs are being granted

3. Definitions: Defines key terms used throughout the agreement including 'RSUs', 'Vesting Date', 'Plan', 'Committee', etc.

4. Grant of RSUs: Details of the RSU grant including number of units, grant date, and reference to plan terms

5. Vesting Schedule: Specifies the vesting timeline and conditions for the RSUs

6. Rights and Restrictions: Outlines the rights associated with RSUs and any restrictions on transfer or sale

7. Tax Obligations: Addresses tax implications, withholding requirements, and responsibilities of both parties

8. Compliance with Laws: Ensures compliance with Indian securities laws, SEBI regulations, and other applicable laws

9. Termination of Employment: Consequences of various types of employment termination on unvested and vested RSUs

10. Governing Law and Jurisdiction: Specifies Indian law as governing law and establishes jurisdiction for disputes

Optional Sections

1. Foreign Exchange Compliance: Required when RSUs are granted by foreign parent companies, addressing FEMA compliance

2. Electronic Delivery: Optional section for companies implementing electronic documentation and delivery systems

3. Data Privacy: Detailed privacy provisions required when personal data is transferred internationally

4. Non-Competition and Non-Solicitation: Additional restrictions that may be imposed as part of the RSU grant

5. Clawback Provisions: Optional provisions allowing company to recoup RSUs in cases of misconduct or financial restatement

Suggested Schedules

1. Schedule 1 - Grant Notice: Specific details of the RSU grant including number of units, grant date, and vesting schedule

2. Schedule 2 - Equity Incentive Plan: Copy or summary of the main equity incentive plan under which RSUs are granted

3. Appendix A - Tax Implications: Detailed explanation of tax treatment and obligations in Indian jurisdiction

4. Appendix B - Consent Forms: Required forms for regulatory compliance and tax withholding authorizations

5. Appendix C - Country-Specific Terms: Additional terms specific to Indian law requirements and restrictions

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓÆµ | 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

Technology

Financial Services

Pharmaceuticals

Manufacturing

Telecommunications

E-commerce

Professional Services

Healthcare

Consumer Goods

Media and Entertainment

Relevant Teams

Human Resources

Legal

Finance

Compliance

Company Secretarial

Compensation and Benefits

Corporate Governance

Executive Management

Board Secretariat

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Human Resources Director

Legal Counsel

Compensation Manager

Finance Manager

Company Secretary

Compliance Officer

HR Business Partner

Stock Plan Administrator

Senior Software Engineer

Product Manager

Department Head

Vice President

General Manager

Industries







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

Private Equity Employment Agreement

An Indian law-governed employment agreement for private equity professionals, covering standard terms and PE-specific provisions including carried interest and co-investment rights.

find out more

Equity Compensation Agreement

An Indian law-governed agreement establishing terms for granting equity-based compensation to employees, including vesting conditions and regulatory compliance requirements.

find out more

Sweat Equity Contract

An Indian law-governed agreement for issuing equity shares to employees/directors in lieu of their non-monetary contributions to the company.

find out more

Simple Agreement For Equity

An Indian law-compliant investment agreement providing rights to future equity in early-stage companies, commonly used in startup funding.

find out more

Equity Line Agreement

An Indian law-governed agreement establishing an investor's commitment to provide staged equity funding through share purchases, subject to SEBI regulations.

find out more

Equity For Services Agreement

An Indian law-governed agreement defining terms for services provided in exchange for company equity, including service scope, equity terms, and compliance requirements.

find out more

Earned Equity Agreement

An Indian law-compliant agreement outlining terms for earning company shares through performance or time-based criteria, subject to Companies Act and SEBI regulations.

find out more

Co Founder Equity Agreement

An Indian law-governed agreement establishing equity distribution and rights among company co-founders, defining ownership structure and operational terms.

find out more

Equity Agreement Contract

An Indian law-governed agreement for equity share issuance or transfer, detailing investment terms and shareholder rights under the Companies Act 2013.

find out more

Equity Shares Agreement

An Indian law-governed agreement establishing terms for equity share issuance, transfer, or subscription, including shareholder rights and obligations.

find out more

Private Equity Purchase Agreement

An Indian law-governed agreement documenting terms and conditions for private equity investment, including share purchase, warranties, and post-closing obligations.

find out more

Phantom Stock Option Agreement

An Indian law-governed agreement that provides employees with financial benefits linked to company stock value without actual share transfer.

find out more

Startup Equity Contract

An Indian law-governed agreement establishing terms for equity investment in startups, including share allocation, investor rights, and regulatory compliance.

find out more

Phantom Stock Award Agreement

An Indian law-governed agreement establishing terms for granting phantom stock units as employee compensation, simulating stock ownership without actual equity transfer.

find out more

Equity Share Contract

An Indian law-governed agreement for the issuance or transfer of equity shares, outlining share terms, rights, and obligations under Companies Act 2013.

find out more

Equity Incentive Agreement

An Indian law-governed agreement establishing terms for granting equity-based incentives to employees, including grant details, vesting conditions, and regulatory compliance requirements.

find out more

Convertible Agreement Regarding Equity

An Indian law-governed investment agreement that enables conversion of invested funds into equity shares at a future date, subject to specified terms and conditions.

find out more

Equity Stake Agreement

An Indian law-governed agreement documenting the terms and conditions of equity share purchase in a company, including share details, rights, and obligations of all parties.

find out more

Equity Release Agreement

An Indian law-governed agreement allowing property owners to access their property's equity value while maintaining residency rights.

find out more

Private Equity Shareholders Agreement

An Indian law-governed agreement establishing rights and obligations between private equity investors, target company, and existing shareholders.

find out more

Equity Buyout Agreement

An Indian law-governed agreement detailing the terms and conditions for the purchase and sale of equity shares in a company, including purchase price, warranties, and completion mechanics.

find out more

Private Equity Investment Agreement

An Indian law-governed agreement documenting terms and conditions of private equity investment, including investment structure, rights, and obligations of all parties.

find out more

Phantom Stock Agreement

An Indian law-governed agreement establishing a phantom stock plan that provides employees with benefits of stock ownership without actual equity transfer.

find out more

Standby Equity Purchase Agreement

An Indian law-governed agreement establishing an investor's commitment to purchase company shares on a standby basis, subject to predetermined conditions and SEBI regulations.

find out more

Restricted Stock Unit Agreement

An Indian law-governed agreement establishing terms for granting Restricted Stock Units (RSUs) to employees, including vesting schedules and compliance requirements.

find out more

Equity Commitment Agreement

An Indian law-governed agreement establishing terms for equity investment commitment, including funding conditions, closing mechanics, and regulatory compliance requirements.

find out more

Employee Equity Agreement

An Indian law-governed agreement establishing terms for employee equity ownership, including grant details, vesting conditions, and regulatory compliance requirements.

find out more

Standby Equity Distribution Agreement

An Indian law-governed agreement enabling companies to raise capital through flexible, on-demand issuance of equity shares to predetermined investors.

find out more

Private Equity Agreement

An Indian law-governed agreement establishing terms and conditions for private equity investment, including investment structure, shareholder rights, and governance mechanisms.

find out more

Equity Participation Agreement

An Indian law-governed agreement defining terms and conditions for equity investment in a company, including shareholding rights, governance, and exit provisions.

find out more

Private Equity Subscription Agreement

An Indian law-governed agreement detailing terms and conditions for private equity investment in a target company through share subscription.

find out more

Equity Distribution Agreement

An Indian law-governed agreement establishing terms for equity securities distribution, compliant with SEBI regulations and Indian corporate law.

find out more

Equity Contribution Agreement

An Indian law-governed agreement detailing terms and conditions for equity investment in a company, including share allocation, rights, and obligations of all parties.

find out more

Equity Buyback Agreement

An Indian law-governed agreement detailing terms and conditions for a company's repurchase of its own shares from existing shareholders.

find out more

Equity Investment Agreement

An Indian law-governed agreement detailing terms and conditions for equity investment in a company, including share acquisition, investor rights, and governance structure.

find out more

Employee Stock Options Agreement

An Indian law-governed agreement establishing terms for granting company stock options to employees, including vesting, exercise conditions, and regulatory compliance requirements.

find out more

Equity Interest Transfer Agreement

An Indian law-governed agreement that documents and executes the transfer of equity interests between parties, ensuring regulatory compliance and protecting all stakeholders' interests.

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.