Documents • Board Consent Approving Option Grants

Create your Board Consent Approving Option Grants

A board consent approving the granting of options to your team members, obtained before any options are granted.

What is a Board Consent Approving Option Grants?

In order for your Delaware C-Corp to grant options to your team members under your Equity Incentive Plan, the board must first approve the issuance of these grants. The approval refers to the fair market value of the shares (whether by way of a 409A valuation or an internal board valuation), the names of the people granted options, the number of options granted to each and the vesting terms.

Why generate this document?

Generate this document as a first step before granting any options to your team members as it is a legal requirement to have this board approval in place first.

How to generate your Board Consent Approving Option Grants

01

Login

Login into your account (or sign-up, if you don’t have one).

02

Generate Board Consent Approving Option Grants

Go to the Generate Documents tab, choose United States from the dropdown and select Board Consent Approving Option Grants.

03

Complete the form

Complete each field in the form and select your various options.

04

Sign with DocuSign

Once you generate the document, you can save it in draft, edit it, and when final, send it for signature through our built-in DocuSign integration.

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