Phantom Equity or Stock Appreciation Rights Plan
A Phantom Equity or Stock Appreciation Rights Plan that gives key people the economics of ownership without giving them actual ownership or voting rights.
Written in plain English, so the people who have to live with it can read it. A full custom draft written from how your business actually operates, so the document describes real practice rather than an aspiration.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: one plan. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
1 to 2 weeks from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$2,600 is $325/hour × 8 hours — the time this deliverable takes in an ordinary equity compensation matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $2,600 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
What your business does, and who its users or customers are, the systems, vendors, and data flows the document has to describe accurately, any existing version, and what prompted this one, and any regulator, platform, or contract requirement you are working to. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Equity Compensation work MC Law prepares on a flat fee.
Capitalization Table Reconciliation and Cleanup
A Capitalization Table Reconciliation and Cleanup, drafted for your facts, that reconciles what the company thinks it issued with what the documents actually say, before diligence finds the gap.
Restricted Stock Purchase Agreement and 83(b) Package — Template and Playbook
A template Restricted Stock Purchase Agreement and 83(b) Package and playbook your team can run without counsel on every deal, for the agreement that issues founder or early-employee stock subject to vesting, with the election that avoids a costly tax result.
Restricted Stock Unit Award Agreement — Template and Playbook
A company-standard Restricted Stock Unit Award Agreement form with fallback positions, covering the document that grants units that settle in shares on vesting, with the settlement and withholding terms spelled out.
Secondary Stock Sale and Company Consent Package (Buyer Side)
A buyer-favorable Secondary Stock Sale and Company Consent Package that moves shares from an existing holder to a buyer with the transfer restrictions, rights of first refusal, and consents cleared.