Cliff is the minimum period before vesting starts; leaving earlier yields no rights. Commonly 6–12 months.
ESOP grants shares/options to align teams. Define vesting, buybacks, and tax treatment from the start.
Include legal form and indicative activity; avoid confusion with existing names. Check registry and trademarks before filing.
Vesting lets shares/options be earned over time, preventing windfalls on early exits. Cliffs and schedules keep founder teams aligned.