[Consultation] Review of inquiries regarding stock option exercise prices and quantity adjustments, etc.

Law firm Veat provides legal advice regarding inquiries such as stock option exercise price adjustments, etc.

A company that has obtained venture certification has requested that employees be granted stock options, reflecting conditions where the stock option becomes more flexible when issuing stock options, considering that venture companies are first applied under the Venture Enterprise Promotion Act, which is more favorable than the Commercial Act in the case of venture companies.

In response, Law firm Veat conducted the following for A’s request: ▲Acceleration vesting – a condition that allows stock options to be exercised immediately when a specific condition is met, and ▲legal review regarding whether stock option exercise prices, quantities, and adjustment clauses are fully stipulated.

Due to the nature of stock options, which give the option to buy company shares at a predetermined price after a certain period of time, it is necessary to carefully review various variables that may arise at the time of exercise.

Law firm Veat possesses extensive experience in legal advice related to stock options and provides draft stock option grant agreements reflecting various variables and conditions.

Please feel free to contact Law firm Veat if you need legal advice regarding stock options.

Thank you.