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I need a clean, standalone option agreement that lets me grant share options to one non-UK founding engineer in my early-stage, UK-registered startup. A full Unapproved Share Option Scheme is unnecessary, as this is strictly a one-off grant. Core terms are already set: • Vesting: 4 years. • UK law governs the agreement. • Must spell out vesting acceleration on exit, a sensible non-compete, and clear good-leaver / bad-leaver provisions. Additionally, the agreement should include a fixed monthly salary for the contractor role. Payment frequency will be standard monthly payments. I’ll provide our company details and proposed strike price as soon as we start. You’ll return: 1. A Word/Google-Docs option agreement ready for signature. 2. A concise explanatory note so I can walk the engineer through mechanics and key scenarios. Please draw on current UK Companies Act requirements and common-law precedents, keeping the language startup-friendly and watertight for investors.
Project ID: 40704882
39 proposals
Active 14 days ago
Location: United Kingdom
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39 freelancers are bidding on average £378 GBP for this job

Hi, my name is Attorney Umar Ghazalli. I have extensive experience drafting and reviewing contracts, agreements, terms and conditions, and policies for individuals, partnerships, companies, and businesses across multiple jurisdictions. You may search “Attorney Umar Ghazalli” online to review my professional background and work history. I draft and review contracts, agreements, T&Cs, and policies tailored to your business requirements and aligned with applicable state law and regulatory considerations. My focus is on clarity, enforceability, and practical risk management. With nearly two decades of dedicated experience in contract and commercial drafting, I deliver work that is precise, well-structured, and reliable. I would be glad to discuss your project further. Regards.
£675 GBP in 1 day
8.0
8.0

As an experienced lawyer, I understand the complexity and significance of legal documents for startups like yours. With over five years of practice, I have worked with numerous businesses in the US and Europe, which has given me both a solid grip on UK law and a knack for crafting startup-friendly, effective contracts. In fact, I recently contributed to a publication on environmental law that showcases my dedication to staying up-to-date and thorough in my field. In this project, I see opportunities to draw upon my knowledge of UK Companies Act requirements and common-law precedents to shape an option agreement uniquely tailored to your needs. Moreover, being able to communicate effectively is paramount in helping clients understand the nuances of complex legal frameworks. With my adeptness in communicating legal concepts in layman's terms, I am confident that the explanatory note accompanying the document will serve this purpose brilliantly. A bonus aspect of entrusting me with this project is the potential cost-saving benefits. By anticipating problems before they arise in the contract, I aim to create a watertight document that not only protects your interests but also satisfies your investors. I hope you will choose me for this significant endeavor - together we can set your startup up for success.
£400 GBP in 1 day
7.5
7.5

With over a decade of experience at the intersection of law and business, including extensive knowledge about UK Companies Act requirements and common-law precedents, I am well-prepared to draft the startup option agreement you need. My legal expertise, coupled with the creative language skills nurtured through my work as a writer and elevated in my PhD studies, allows me to create contract documents that meet legal standards while remaining startup-friendly. My proficiency with Microsoft Word will ensure you receive an impeccably formatted, ready-to-sign, and standalone agreement for your non-UK founding engineer's share options. Additionally, you can count on me for a clear but concise explanatory note to help explain the mechanics of the agreement to your engineer. Lastly, having worked with companies of all sizes globally - from SMEs to multi-nationals - I am acutely aware of investor concerns and know how crucial solid legal agreements are for securing investments. Your trust in me will not be misplaced as I work diligently to create watertight documents for your startup's future growth and success. Let's make your UK-registered startup more investor-ready together!
£300 GBP in 1 day
7.0
7.0

As someone who has a keen eye for detail and a passion for clarity, I am confident that I can deliver a clean, standalone option agreement tailored specifically to your needs. Having immersed myself in legal writing, contracts, and patents over the years, I am adept at leveraging UK Companies Act requirements and common-law precedents to craft documents that are not just startup-friendly but also watertight. My understanding of the importance of precision extends beyond drafting to meeting the highest professional standards. As such, my work consistently communicates complex ideas clearly and cohesively. Moreover, my recent training in Power BI adds another layer of value as it enhances my ability to weave data visualization seamlessly into reports and presentations. Above all, my writing is designed to engage readers while achieving its desired goal - be it demonstrating compliance with regulations or inspiring action. From assembling intricate legal agreements to developing lead-generating content, I possess the skills and experience needed to not only deliver on your project's core terms but also provide a concise explanatory note, ensuring your founding engineer fully comprehends the mechanics and key scenarios. Partner with me for precision-crafted documents that resonate with your target audience, inspire action, and meet the expectations of your investors.
£300 GBP in 1 day
6.7
6.7

As a seasoned contract lawyer with a steadfast commitment to detail and thoroughness, I believe I am the best fit for your startup option agreement project. My years of experience in drafting and negotiating a variety of contracts across industries have equipped me with an intimate knowledge of UK Companies Act requirements and common-law precedents applicable to your needs. Drawing from my deep understanding of legal frameworks, I'll not only create a clean, standalone option agreement for you, but also ensure its simplicity and clarity so your founding engineer can easily grasp its mechanics and key scenarios. I understand the importance of keeping agreements startup-friendly while maintaining their watertight nature for investors. Moreover, I will use my expertise to include essential provisions like vesting acceleration on exit, non-compete clauses, and clear good-leaver/bad-leaver provisions that protect your interests. With my assistance, you can secure your business relationships and mitigate legal risks with confidence and precision. Let's get started on this crucial project together!
£500 GBP in 7 days
6.9
6.9

With over a decade of experience specializing in contract management, legal research, and writing, I offer you unparalleled expertise to draft your startup option agreement. My extensive understanding of UK Companies Act requirements and my command over common-law precedents will ensure the document is not only startup-friendly but also watertight for potential investors. Having worked across different local and international laws, I am well-versed in tailoring agreements to specific contexts and client needs. This includes contracts ranging from software development agreements to shareholders agreements, making me uniquely equipped to handle your request. Furthermore, my background in Patent Law gives me an added advantage when it comes to understanding intellectual property rights which may be relevant in this case. Beyond just providing a document, I strive to empower clients with an understanding of the legal ramifications of their agreements. So, rest assured that alongside delivering a Word/Google-Docs ready option agreement, I'll also provide a concise explanatory note that will help you navigate through mechanics and key scenarios with clarity. Looking forward to working together.
£300 GBP in 1 day
6.6
6.6

Hello, how are you? I would like to assist with drafting your standalone share option agreement. I have extensive experience translating, reviewing, and drafting legal and contractual documents, and I understand the importance of making the agreement both legally precise and practical for a startup environment. I can prepare a clear, signature-ready agreement covering the four-year vesting schedule, exit acceleration, good-leaver/bad-leaver provisions, a reasonable non-compete, UK governing law, and the agreed monthly contractor salary and payment terms. I can also provide a concise explanatory note outlining the mechanics and key scenarios for the engineer. I will ensure the document is structured clearly and aligned with applicable UK requirements and common contractual practice. I’m available to start immediately and would be glad to discuss the company details and proposed strike price. Best regards.
£750 GBP in 3 days
5.2
5.2

As a seasoned legal professional with a specialized focus in corporate and contract law, I can offer you the high-quality work and attention to detail that your unique project demands. Throughout my career, I have drafted countless contracts, managed diverse commercial disputes, and provided strategic counsel - skills that will undoubtedly come in handy as we navigate your stock option agreement process. Not only do I possess a deep understanding of UK Companies Act requirements and common-law precedents, but I also have practical experience tailoring legal documents to startups' specific needs. This means that while I will adhere to the necessary legal framework, I'll ensure the language remains comprehensible to all parties involved, and most importantly, water-tight for your investor's peace of mind. I take great pride in facilitating clear communication within legal processes. Therefore, in addition to delivering a fully customized Word/Google-Docs option agreement designed for easy signing, I will provide you with a concise explanatory note. This note will enable you to effectively walk your valuable engineer through the mechanics, key scenarios, and further answer any questions they may have. By choosing me for this project, you are selecting not only an adept legal professional but also a solution-focused partner who is dedicated to ensuring your startup's best interests are protected.
£250 GBP in 1 day
4.5
4.5

As an experienced business consultant and legal expert, I am perfectly positioned to help you draft a comprehensive and legally sound option agreement for your UK-registered startup. With over 1500 completed business and legal projects, my expertise spans across business planning, strategy, legal research, and contract drafting. You can trust me to incorporate all the key components you need in this non-UK founding engineer's option agreement. In compliance with the UK Companies Act and utilizing pertinent common-law precedents, I will deliver a clean and startup-friendly agreement that includes all your specified requirements such as vesting acceleration on exit, a sensible non-compete clause, clear good-leaver/bad-leaver provisions as well as a clearly defined fixed monthly salary. Additionally, I will provide a concise explanatory note that breaks down the mechanics of the agreement, allowing you to easily navigate key scenarios.
£250 GBP in 2 days
4.7
4.7

The real work here is spelling out the exact mechanics of vesting acceleration on exit, something that always needs careful phrasing so the engineer understands their rights clearly when a sale happens, and also defining what a sensible non-compete looks like for a startup founder. I will draft the agreement using standard UK contract law precedents, drawing on the Companies Act. The vesting schedule will be set to four years as requested, with specific clauses for both good-leaver and bad-leaver scenarios, making sure the language is direct and unambiguous about what happens to the options in each case. For the acceleration on exit, I will draft this to trigger on a change of control event, so the engineer's options vest immediately upon acquisition of the company, allowing them to participate fully in the exit without waiting for their scheduled vesting periods. Also, the non-compete clause will be drafted to be reasonable in scope and duration, fitting what a UK court would uphold for this type of agreement. I would set the strike price in the agreement as a variable, to be inserted once you provide it, rather than a placeholder date which could lead to confusion if the agreement isn't signed immediately. This ensures the strike price is current at the time of grant. You mentioned this is for a "non-UK founding engineer", so I need to confirm if you want the agreement to explicitly state the engineer's jurisdiction or if the UK law governing the agreement is sufficient. I will prepare the option agreement in Google Docs format, ready for your company details and the strike price to be added, and also a concise note explaining the key terms and scenarios. 10 reviews on Freelancer at 5.0, everything delivered on time and on the agreed price so far. Please provide your company legal name and the proposed strike price per share for the engineer so I can complete the agreement and explanatory note.
£500 GBP in 21 days
4.0
4.0

Hello, I can prepare a standalone UK-law option agreement for this one-off grant, without creating an unnecessarily complex share-option scheme. I will first review the company’s articles, cap table, shareholder arrangements and option authority to ensure the grant, strike price and eventual share issue are properly supported by board and shareholder approvals. The agreement will address four-year vesting, exercise mechanics, lapse provisions, exit acceleration, good-leaver and bad-leaver treatment, transfer restrictions, tax responsibility and investor protections. We will also draft a proportionate non-compete and related restrictive covenants. As the engineer will receive a fixed monthly salary for contractor services, we will clearly separate the service-payment obligations from the equity option terms, either through an integrated schedule or a short linked contractor agreement. You will receive an editable signature-ready agreement, required board documentation and a concise explanatory note covering vesting, departure and exit scenarios. We can provide an initial draft within 3–5 business days after receiving the company documents, engineer’s jurisdiction, grant size, strike price and agreed acceleration terms. Cross-border tax and employment-status implications will be clearly flagged for confirmation by the relevant UK and overseas advisers.
£500 GBP in 7 days
4.2
4.2

Hi, I can help prepare a clean, standalone option agreement tailored to your one-off founder-engineer grant, together with a concise explanatory note covering the key mechanics and scenarios. I’ll structure the document around the agreed 4-year vesting, exit acceleration, good-leaver/bad-leaver treatment, exercise mechanics, transfer restrictions, confidentiality, and a carefully limited non-compete, while keeping the language practical for an early-stage company and suitable for investor review. I’ll also pay close attention to the UK corporate and employment-related securities considerations relevant to the grant rather than treating it as a generic option template. Before drafting, I’d like to confirm one key point: will the engineer be an employee/director of the UK company, or will they provide services from outside the UK as a non-UK contractor?
£250 GBP in 2 days
2.8
2.8

⭐Hello⭐ I have carefully reviewed your requirements for a standalone share option agreement covering a one-off grant to a non-UK founding engineer. I can prepare a clear, startup-friendly agreement structured around UK law, while keeping the option grant and contractor compensation terms precise and investor-ready. ⭐ Draft the 4-year vesting mechanics, exercise provisions, strike price framework, and option conditions. ⭐ Address acceleration on exit/change of control with clearly defined scenarios. ⭐ Draft practical good-leaver and bad-leaver provisions covering vested and unvested options. ⭐ Include a proportionate non-compete and relevant restrictive covenants. ⭐ Incorporate the fixed monthly contractor salary and payment mechanics without confusing employment and option rights. ⭐ Review Companies Act considerations, company approvals, option documentation, and relevant cross-border issues that should be flagged for specialist tax/legal confirmation. ⭐ Provide a signature-ready Word/Google Docs agreement plus a concise explanatory note for the engineer. I can start immediately once you share the company details and proposed strike price. Please open a chat so we can proceed. Portfolio: https://www.freelancer.com/u/baselnasser9 Please review my previous client feedback. My aim is 100% satisfaction on every task, and I prioritize careful, high-quality work over taking many projects. Best regards, Bassel Nasser
£500 GBP in 1 day
3.0
3.0

I can help prepare a tailored standalone share option agreement for the proposed grant to your founding engineer. My background is in legal research, contract drafting and structured legal analysis, and I can prepare the document specifically for a one-off grant rather than adapting a full employee share option scheme. The agreement can cover: four-year vesting; strike price and exercise mechanics; treatment of vested and unvested options; good-leaver and bad-leaver provisions; acceleration on an exit or change of control; proportionate restrictive covenants, including non-compete provisions; contractor remuneration and monthly payment terms; termination and lapse provisions; governing law and jurisdiction; and relevant UK company-law and corporate-authority requirements. I will also prepare a concise explanatory note setting out how the arrangement operates in practical scenarios such as resignation, termination, exercise of options and a company sale. Deliverables: A clean, signature-ready Word agreement. A concise explanatory note for the engineer. Clear Language, Legal Expertise, and UK-Friendly Adaptation – your three biggest advantages when choosing me for this project.
£500 GBP in 7 days
0.0
0.0

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