Business & contractsIndia

Map founder equity and vesting for review

Get your facts together with a trusted grown-up.

Separate actual holdings from a proposed vesting schedule and identify dilution, departure and approval questions.

DisputePeoplePrep worksheet

Who it goes to: Founders, authorised company decision-makers, a company lawyer and company secretary

Where it applies: India; entity, state, tax and transaction-specific requirements need checking

01 · What is this?

This sheet shows who owns what now and what ownership is being proposed.

02 · When is it useful?

Use it before promising founder shares or agreeing a vesting plan.

03 · Start here

Start from verified share records and keep proposed rights in a separate column.

Gather your pieces

  1. Collect issued-share records and existing investor, option, employment and founder agreements.
  2. Identify the proposed instrument and whether participants or funds are cross-border.
  3. Do not treat work performed or an app-generated percentage as issued shares.

Your prep sheet

Replace each [bracketed label] with your own verified details. Open the editor to make it yours, then read it through before sending.

FOUNDER EQUITY & VESTING — REVIEW SCHEDULE
NO SHARE ISSUE OR TRANSFER OCCURS HERE

Date: [Document date]
Business: [Business / company details]
Prepared by: [Prepared by]

A. CURRENT OWNERSHIP
Holder / instrument / number actually issued or granted / class / evidence / restrictions:
[Current Holdings]

B. PROPOSED ALLOCATION
Participant / proposed instrument / proposed number or percentage / calculation basis / consideration or work expected:
[Proposed Allocation]
State whether percentages use issued shares or a fully diluted basis. Mark every unapproved proposal clearly.

C. PROPOSED VESTING TERMS
Start date / proposed total period / any cliff / cadence / measurable conditions / pauses / responsible verifier:
[Vesting Terms]
A common market practice is not automatically a legal requirement or an agreed term.

D. EVENT SCHEDULE
Event or review date / evidence of condition / proposed entitlement / approval required / unresolved question:
[Event Schedule]

E. DEPARTURE AND CHANGE EVENTS
Treatment proposed for voluntary exit, illness, death, incapacity, misconduct allegation, termination, sale and new financing:
[Departure Questions]
Do not assume a compulsory transfer, forfeiture, acceleration or release. Identify the precise documents and legal questions.

F. DILUTION CHECK
Existing holders, proposed new investment, option-pool assumptions, convertible instruments and alternative scenarios:
[Dilution Scenarios]
Keep calculations and assumptions together; reconcile the model with actual records.

G. IMPLEMENTATION CHECK
Required valuation, instruments, approvals, company filings, consideration, tax advice and record updates:
[Implementation]

OPEN DECISIONS
[Open Points]

The completed sheet is an adviser brief. It is not a share certificate, option grant, transfer instrument or binding equity promise.

Your next moves

  1. Have the structure, valuation, tax, approvals and company documents checked by the appropriate advisers.
  2. Model the fully diluted outcome and document each unresolved assumption.
  3. Implement only through valid approved instruments and update formal records after actual completion.

Real-world check

Planning worksheet only. No vesting period, forfeiture, reverse vesting, buyback or automatic transfer is assumed. A commercial schedule must fit the chosen instrument, corporate approvals and applicable law.

Sources & official links