Convertible loans are loans that entitles the lender (or the holder of loan debenture) to convert the loan to common or preferred stock (ordinary or preference shares) at a specified conversion rate and within a specified timeframe.
If you would like to see what a convertible loan agreement looks like, please contact the Plug and Play Team.
VIRTUAL STOCK OPTIONS
Virtual stock options - also known as phantom stock options - are not options to buy stock at all. They are a promise to pay cash (or similar cash equivalent) at a future time. However, the amount of cash that will be paid is contingent - it is tied to the value of actual, real stock. Therefore, the cash value goes up or down based on the actual stock value.
If you would like to have more information on virtual stock options, please contact the Plug and Play Team.
INFORMATION ON GERMAN EMPLOYMENT LAW
German Employment Law is said to be complex and employee-friendly. However, if understood and used wisely, its rules can offer chances for the entrepreneur in the German market.
Midijob Employment Contract
Full-time Employment Contract
Minijob Employment Contract
Termination of Employment
Shareholder Resolution Master (EN)