Backdating share

21-Sep-2018 02:10

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Unfortunately, there is no simple or straight forward answer to this and it comes down to how comfortable the lawyer will be defending his position in agreeing to backdate the document if his judgment was wrong and the authorities challenge the document, possibly in a criminal complaint against the client.What confirmation of the earlier agreement did the client or the company for which the client (and lawyer) works provide?

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This is important to note, because the grant date is what determines the exercise price on the options.However, the actual date of signature should nevertheless be set out in the attestation clause at the end to avoid any claims that the document was intentionally misleading.

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