Document background
The Restricted Stock Unit Award Agreement is a crucial document used when companies want to provide equity-based compensation to employees in Singapore. It forms part of a company's equity incentive strategy, helping to align employee interests with company performance and retention goals. The agreement must comply with Singapore's regulatory framework, including securities laws, tax regulations, and employment legislation. It typically includes detailed provisions about vesting schedules, performance conditions, taxation, and what happens to the RSUs in various scenarios such as employment termination or corporate reorganization. This document is particularly important for companies looking to attract and retain talent in competitive sectors while managing their equity dilution.
