tiktok³ÉÈË°æ

All Countries
Restricted Stock Unit Agreement

Restricted Stock Unit Agreement Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Restricted Stock Unit Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Restricted Stock Unit Agreement

"I need a Restricted Stock Unit Agreement for granting 5,000 RSUs to our senior software engineers in New Zealand, with quarterly vesting over 4 years starting from March 1, 2025, and including standard clawback provisions for misconduct."

Celebrated by
Collaborations with
Investors
Document background
The Restricted Stock Unit Agreement serves as a crucial document for companies in New Zealand looking to provide equity-based compensation to their employees or other eligible recipients. This agreement is typically used as part of a broader equity incentive plan, allowing companies to grant RSUs that convert to actual shares upon meeting specific vesting conditions. The document must comply with New Zealand's Financial Markets Conduct Act 2013, Companies Act 1993, and relevant tax legislation. It includes essential details such as the number of RSUs granted, vesting schedule, settlement terms, tax obligations, and restrictions on transfer. Companies commonly use this agreement to attract, retain, and motivate key employees by providing them with a stake in the company's future success, while ensuring compliance with all applicable New Zealand legal and regulatory requirements.
Suggested Sections

1. Parties: Identifies the company granting the RSUs and the recipient (usually an employee)

2. Background: Explains the context of the RSU grant, including reference to any equity incentive plan

3. Definitions: Defines key terms used throughout the agreement

4. Grant of RSUs: Specifies the number of RSUs granted and basic terms of the grant

5. Vesting Schedule: Details the timing and conditions under which RSUs will vest

6. Settlement of RSUs: Describes how vested RSUs will be settled (e.g., shares, cash, or combination)

7. Tax Obligations: Outlines tax implications and responsibilities for both parties

8. Restrictions on Transfer: Specifies limitations on transferring or assigning RSUs

9. Termination of Employment: Explains what happens to RSUs upon various types of employment termination

10. Compliance with Laws: Ensures compliance with NZ securities laws and other applicable regulations

11. Data Privacy: Addresses collection and use of personal information

12. General Provisions: Standard contract terms including governing law, notices, and amendments

Optional Sections

1. Change in Control: Include when specific provisions for corporate transactions or change in control are desired

2. International Provisions: Include for recipients subject to laws of multiple jurisdictions

3. Clawback Provisions: Include when company wants right to recoup RSUs in certain circumstances

4. Shareholder Rights: Include if recipients have any rights before settlement (usually they don't)

5. Electronic Delivery: Include when documents will be delivered electronically

6. Trust Arrangements: Include when RSUs are held in trust structure

7. Non-Competition/Non-Solicitation: Include when RSUs are tied to post-employment restrictive covenants

Suggested Schedules

1. Schedule 1 - Grant Notice: Details specific to the individual grant including number of RSUs and vesting dates

2. Schedule 2 - Vesting Schedule: Detailed breakdown of vesting dates and conditions

3. Schedule 3 - Tax Summary: Summary of tax implications and withholding requirements

4. Appendix A - Equity Incentive Plan: Copy or summary of the main equity incentive plan

5. Appendix B - Consent Forms: Required regulatory and data privacy consent forms

6. Appendix C - Country-Specific Terms: Additional terms required by New Zealand law or other applicable jurisdictions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
Clauses


































Relevant Industries

Technology

Financial Services

Professional Services

Telecommunications

Healthcare

Biotechnology

Manufacturing

Retail

Energy

Mining

Media and Entertainment

Software and IT

Consulting

Relevant Teams

Human Resources

Legal

Finance

Executive Leadership

Compensation and Benefits

Corporate Governance

Payroll

Compliance

Share Registry

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Technology Officer

Senior Software Engineer

Product Manager

Human Resources Director

Legal Counsel

Finance Manager

Senior Executive

Department Head

Vice President

Director

Manager

Technical Lead

Principal Engineer

Sales Executive

Research Scientist

Operations Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Standard Share Purchase Agreement

A New Zealand law-governed agreement detailing terms and conditions for the sale and purchase of company shares, including price, warranties, and completion requirements.

find out more

Letter Of Intent To Buy Shares

A preliminary document under New Zealand law outlining the proposed terms and conditions for a share purchase transaction.

find out more

Business Share Transfer Agreement

A New Zealand-governed agreement documenting the terms and conditions for transferring business shares between parties, ensuring legal compliance and protecting all stakeholders' interests.

find out more

Stock Buy Back Agreement

A New Zealand law-governed agreement documenting the terms for a company's repurchase of its own shares from existing shareholders.

find out more

Preference Shares Agreement

A New Zealand law-governed agreement establishing the terms and conditions for preference shares issuance, including dividend rights, voting rights, and capital return priorities.

find out more

Letter Of Offer To Purchase Shares

A formal offer document under New Zealand law that initiates the process of purchasing shares from existing shareholders, outlining key terms and conditions of the proposed transaction.

find out more

Simple Stock Transfer Agreement

A New Zealand-governed agreement for the transfer of company shares between parties, outlining terms, conditions, and compliance requirements under NZ law.

find out more

Simple Stock Purchase Agreement

A New Zealand-compliant agreement for the straightforward transfer of company shares between a seller and purchaser, outlining key terms and conditions of the sale.

find out more

Simple Share Transfer Agreement

A New Zealand law-governed agreement for the transfer of shares between parties, setting out essential terms and conditions of the share transfer transaction.

find out more

Stock Appreciation Rights Agreement

A New Zealand-compliant agreement granting employees the right to receive payment based on the increase in company value over time, without actual share ownership.

find out more

Short Form Stock Purchase Agreement

A concise agreement under New Zealand law for the sale and purchase of company shares, suitable for straightforward share transfer transactions.

find out more

Stock Lease Agreement

A New Zealand-governed agreement establishing terms and conditions for livestock leasing arrangements, including care requirements and compliance obligations.

find out more

Share Vesting Agreement

A New Zealand-governed agreement that sets out the terms and schedule for the gradual vesting of company shares to a recipient.

find out more

Simple Share Purchase Agreement

A New Zealand law-governed agreement for the straightforward transfer of company shares between a seller and purchaser.

find out more

Founder Stock Purchase Agreement

A New Zealand-governed agreement documenting the purchase of company shares by founder(s), establishing share ownership terms and conditions.

find out more

Preferred Stock Purchase Agreement

A New Zealand law-governed agreement for the purchase of preferred shares, outlining investment terms and shareholder rights.

find out more

Share Cancellation Agreement

A New Zealand law-governed agreement documenting the terms and process for cancelling shares in a company, including consideration, approvals, and regulatory compliance requirements.

find out more

Share Buyout Agreement

A New Zealand-governed agreement documenting the terms and conditions for the purchase of company shares from existing shareholder(s).

find out more

Share Distribution Agreement

A New Zealand-governed agreement setting out terms and conditions for the distribution of company shares, ensuring compliance with local securities laws and regulations.

find out more

Restricted Stock Unit Agreement

A New Zealand-governed agreement establishing terms for granting Restricted Stock Units (RSUs) to employees, including vesting conditions and settlement terms.

find out more

Stock Sale Agreement

A New Zealand-governed agreement for the sale and transfer of company shares, outlining terms, conditions, and regulatory compliance requirements.

find out more

Stock Option Purchase Agreement

A New Zealand-governed agreement setting out terms for stock option grants, including exercise rights, vesting conditions, and share purchase terms.

find out more

Letter Of Intent To Sell Shares

A preliminary document under New Zealand law outlining the proposed terms and conditions for a share sale transaction, serving as a framework for negotiation and formal agreement.

find out more

Shares Subscription Agreement

A New Zealand law-governed agreement documenting the terms and conditions for an investor's purchase of newly issued shares in a company.

find out more

Share Issue Agreement

A New Zealand-governed agreement setting out terms for issuing new company shares to subscribers, including share details, consideration, and completion requirements.

find out more

Share For Share Exchange Agreement

A New Zealand-governed agreement facilitating the exchange of shares between companies, outlining terms, conditions, and compliance requirements under local law.

find out more

Share Charge Agreement

A New Zealand law-governed security agreement creating a charge over shares, establishing security rights and obligations in compliance with NZ legislation.

find out more

Vested Equity Agreement

A New Zealand-compliant agreement outlining terms for granting and vesting of company equity to individuals, including vesting schedules, conditions, and rights.

find out more

Stock Exchange Agreement

A New Zealand-governed agreement establishing the regulatory and operational framework for stock exchange operations under NZ financial markets law.

find out more

Stock Buyback Agreement

A New Zealand law-governed agreement setting out terms for a company to repurchase its own shares from existing shareholders, ensuring compliance with local corporate and securities laws.

find out more

Stock Borrowing Agreement

A New Zealand law-governed agreement establishing terms for temporary securities lending between parties, including collateral requirements and fee structures.

find out more

Share Exchange Agreement

A New Zealand-governed agreement facilitating the exchange of shares between entities, detailing exchange terms and ensuring regulatory compliance.

find out more

Share Swap Agreement

A New Zealand law-governed agreement facilitating the exchange of shares between companies, setting out terms, conditions, and mechanics of the share swap transaction.

find out more

Restricted Stock Purchase Agreement

A New Zealand-governed agreement for the purchase of restricted company shares, typically used in employee equity compensation arrangements.

find out more

Stock Repurchase Agreement

A New Zealand law-governed agreement setting out terms for a company to repurchase its own shares from existing shareholders, ensuring compliance with local corporate and financial regulations.

find out more

Employee Stock Option Agreement

A New Zealand-compliant agreement outlining terms and conditions for granting company stock options to employees, including exercise rights, vesting conditions, and regulatory requirements.

find out more

Share Option Agreement

A New Zealand-compliant agreement granting rights to purchase company shares at a predetermined price and time, subject to specified conditions.

find out more

Private Stock Sale Agreement

A New Zealand-governed agreement for the private sale and transfer of company shares between a seller and purchaser.

find out more

Common Stock Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of company shares, detailing terms, conditions, and obligations of the transaction.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.