Rafet Aslan Law Office delivers strategic representation and durable legal solutions for individuals and companies across advisory, litigation, and arbitration matters.
Rafet Aslan Law Office delivers strategic representation and durable legal solutions for individuals and companies across advisory, litigation, and arbitration matters.
The cliff is the minimum period before vesting begins; those who leave before it ends do not acquire any rights. It is usually set at 6–12 months.
An ESOP motivates employees by granting them shares or options. The vesting schedule, buy-back rights and tax implications should be defined from the outset.
The name should include terms reflecting the company type and field of activity and must not be confused with previously registered similar names. A MERSİS query and a trademark search before registration are recommended.
Vesting means that shares or options are earned over time; it prevents the loss of shares in the event of early departure. The cliff period and the overall vesting schedule play a critical role in balancing the founding team.
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