Elements of deal

Base Salary
• Starting salary
• Guaranteed raises
• Raises based on events

Short Term Bonus
• Multi-year guarantees
• No pro-ration in 1st year
• No short term bonus

Long Term Bonus
• Cash
• Options - % of base
• Restricted Stock
• Event triggered

Sign-On Bonus
• Make whole
• Multi-year
• Fit employee on with current salary structure & pay more

Options
• Up-front
• Out-of-money grants
• Performance/event related grants
• Guarantees of future grants
• Synthetic options on stock of current employer

Relocation
• Up-front payments vs. pay for costs
• May be hidden way to increase offer

Co-Investing
• Ability to buy in at the venture capital price
• At beginning
• Later rounds
• Loans to do this

Others in the Deal
• Spouse
• Accountant
• Financial Advisor
• Attorney

Termination Clauses
• Termination with or without clause
• Termination ranges
• Elements of termination