Phantom Share Agreement

WHAT’S IT FOR?

Under a Phantom Share Scheme, employees are paid a certain amount based on an increase in the company’s share price but they do not own any shares in the company. If you are interested in setting up a Phantom Share Scheme, you’ll need a Phantom Share Agreement. A Phantom Share Agreement outlines the conditions of the scheme, how payments are made and protects your liability.

WHAT’S INCLUDED?

We’ll help prepare a Phantom Share Agreement in accordance with the requirements of your business.

This package Includes:

• Drafting a Phantom Share Agreement
• Phone consultations (up to 60 minutes) with a Sprintlaw lawyer who will take your instructions, advise you on the legal issues you need to know and answer your questions about the document
• 1 x complimentary amendment to the final draft we provide you, as long as you request the amendment within 10 business days of us delivering the final draft

Please note that this package does not include any regulatory advice, or preparation of disclosure documents. If you require either of these services, we will provide an additional fixed-fee quote.