Equity agreements commonly contain the following components: Equity program. This section outlines the details of the investment plan, including its purpose, conditions, and objectives. It also serves as a statement of intention to create a legal relationship between both parties.
When you draft an employment contract that includes equity incentives, you need to ensure you do the following: Define the equity package. Outline the type of equity, and the number of the shares or options (if relevant). Set out the vesting conditions. Clarify rights, responsibilities, and buyout clauses.
Equity agreements allow entrepreneurs to secure funding for their start-up by giving up a portion of ownership of their company to investors. In short, these arrangements typically involve investors providing capital in exchange for shares of stock which they will hold and potentially sell in the future for a profit.
A DEI (diversity, equity, and inclusion) statement, also called “statement of commitment to diversity” or “contributions to diversity statement,” is a brief (1–2 pages) essay in which you are highlighting your contributions with respect to DEI within your classroom, university, and discipline.
Give examples of a candidate's past contributions to diversity. Demonstrate an understanding of the particular diversity and equity related issues and needs in a candidate's field, or in higher education more generally. Discuss the candidate's vision for how they might make contributions to diversity in the future.