VIDEO: How to Create an Option Scheme on SeedLegals
This is a step by step guide to setting up your scheme rules.
Scheme rules govern how the options vest and when they can be exercised. Our platform asks a series of questions around your preferred vesting and exercise conditions. Thereafter you can produce your scheme rules, hold a Board meeting to adopt the scheme and grant your options.
For more information on the most selected terms, please read our Guide to Option Scheme Rules (Vesting & Exercise Conditions Explained).
Part 1: Vesting conditions
Part 2: Exercise conditions