There are a number of templates documents available for you to use through Cake if you are looking to set up an ESOP or run a capital raise. These templates are available to users on the Growth plan (see here for more on Pricing Plans).
Not only are there template documents available, but these can also be sent out for signing to your employees and investors directly through your Cake account. The software will generate customised agreements for each individual, which can then be sent for signing! Saving so much time and $$ getting documents drafted with your lawyers 🙌
Now that we are launching our platform in different jurisdictions around the world, we have worked with various legal partners across the globe to ensure we have templates suitable for each country! If you'd like advice on any of the templates we have available through the platform, please fill out the Legal Intro Request form by clicking the chat icon in the bottom right corner and we'll refer you to the most appropriate partner 🇬🇧 🇳🇿 🇺🇸 🇦🇺 🇮🇳 🇸🇬
If you have your own templates already drafted by your own lawyers, it's likely we may also be able to get these set up in your account so you can still use Cake to send them out for signing! Just get in touch with our CS team and we'll make sure they're compatible with the contract engine.
Watch a 5 minute video here running through the various template contracts available on Cake and where to find them or scroll for detailed instructions -
ESOP:
To access the ESOP templates, head to Options (under the Equity tab) and set up an ESOP. This can just be in draft format for the time being, all fields can be edited after setting up the pool up until you start to add your offers.
Head to the Contracts tab in your new ESOP and you will see -
Plan Rules
Offer Letter
Shareholders Resolution (click Add Contract Template to attach)
Directors Resolution (click Add Contract Template to attach)
Raise:
Whether you are doing an Equity, SAFE or Convertible Note raise, Cake has the relevant investment document available as a template. To access any of these three documents, under the Equity tab, head to Raise and set up your capital raise.
This can also be in draft format for the time being, so you can go back and edit the raise details after the initial set up until you start adding raise offers.
Subscription Agreement - choose 'Equity' when prompted to specify 'Raise Type'
SAFE Note Agreement or ASA (if in the UK!) - choose 'SAFE Notes' or 'ASA' when prompted to specify 'Raise Type'
Convertible Note Agreement - choose 'Convertible Notes' when prompted tp specify 'Raise Type'
To access the Share Certificate template, head to Documents --> Templates. See here for further instructions on how to ensure the Share Certificate template is set up correctly.
Should you need any assistance setting up your own ESOP or Raise documents as templates, please reach out to our support team on our online chat!
Supporting Guides: