Assigning Executors for Signing Option Agreements

When sharing access to the company’s cap table, the shareholder can view their transactions and request option agreements.

Once the shareholder requests option agreements, the company must assign executors to sign the agreement. After the executors sign it, the shareholder can download the option agreement.

Note: The agreements are only applicable to options.

The option agreements are only available for premium account holders. To unlock this feature, kindly upgrade your account. 

Here are the steps to follow:

Step 1: Log into Eqvista and select your company.

On the dashboard, click on “Admin Records” on the left to get a drop-down menu and select “Agreements”.

Step 2: On this page, you will see an option “Assign Executors” and click on this to assign executors for signing the agreement.

Step 3: Once you click, you will be directed to the page where you can assign executors. 

By selecting the name, it will appear in the middle panel, along with the option to select the role. It is normally a director, secretary, or president who can sign the agreement. 

Once done, click on “Submit Executor”. Then, tick the box if the shareholder’s signature is required.

Note: Company users can be assigned as executors. Check out the support article to know how to add a company user!

Step 4: The executor will get an email to sign the agreement, along with an option to view the agreement. 

Here, click on “View Agreement”.

Step 5: Once you click, you will be directed to view all the agreements, and click on “Sign” to sign the agreement.

You will be directed to the agreement as shown below.

Note: There is an option to download the agreement without signing it by clicking on “Download Agreement”. 

Step 6: Scroll down the agreement, and two options appear – Draw or Type your Signature for signing it. 

Note: If the executor has saved their signatures in Eqvista, they don’t need to draw or type them – the saved signature will automatically be placed in each agreement assigned to them, and they only need to click “Sign” to confirm.

METHOD 1

If you have chosen “Draw Signature” option, using the plus sign and the mouse, draw your signature in the box. 

To Sign, click on “Sign” above the box. If you want to re-do the signature, click on “Clear”, as shown below. Click on “Close” to change the option to type signature. 

Once done, click on “Sign” above the box. A confirmation message appears, and click on “Yes” to sign. 

METHOD 2

Suppose you have chosen “Type signature”, then type your signature in the space provided.

To sign, click on “Sign” above the box. Click on “Close” to change the option to draw signature.

Once done, click on “Sign” above the box. A confirmation message appears, and click on “Yes” to sign. 

Step 7: Once done, click on “Sign” and the agreement will be signed as shown below. 

Step 8: Then, scroll back to the top and you can view the option to download the agreement.

Note: The shareholder will receive an email that the agreement has been signed and can be downloaded. Make sure to share access to the cap table with the shareholder to sign and download the agreement.

After the shareholder has signed the agreement, you can then download the option agreement. The shareholder can also download the option agreement once they sign it.

To know more about Eqvista, check out our support articles and knowledge base. For further queries, get in touch with us!