Picture of Offer of Continued Employment with Phantom Equity Picture of Offer of Continued Employment with Phantom Equity

Offer of Continued Employment with Phantom Equity

Employers, provide incentives to a valued employee with this Offer of Continued Employment with Phantom Equity.

  • The employment will continue at the current rate of compensation, with bonuses paid from surplus profit distribution.
  • The employee will be paid phantom equity compensation if the company is sold or undergoes a change of control.
  • The phantom equity will consist of a percentage of the proceeds of the sale and will be subject to applicable employee source deductions.
  • The offer contains standard employee confidentiality, non-solicitation and non-competition provisions.
  • This template is provided in MS Word format and is totally editable to meet your specific circumstances.
  • This is a generic form that can be used in many jurisdictions.
Document Type: Microsoft Word
Last Updated: 02-October-2021
SKU: 1056
$17.99
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