83(b) Election Client Memorandum

Summary

This Section 83(b) election client memorandum is to be used in connection with advising your client regarding filing a Section 83(b) election after your client has entered into a stock purchase or stock option agreement. This template includes practical guidance and drafting notes. This template should be read in conjunction with the practice notes Founder Equity Purchase Agreements and Issuances: Drafting Considerations and Restricted Stock, Stock Options, and Equity Incentive Compensation Plans for Start-Ups.