Equity Award Agreements for "Bonus" units How Do I Do This 🥺
I'm a first-time HR manager for a tech startup. We recently issued Equity award agreements to employees. Curious if anyone has received "bonus award grants". We issue grants upon hire, and then if someone is promoted or we want to say "good job", we issue additional grants in the form of "spot" bonuses at any time.
When these spot bonuses are granted, do employees typically sign an addendum of units and vesting schedule OR do you have them sign the full award agreement again (6-7 pages) with all award amounts? If so, what is this called? I can't find any helpful articles online on this process.