Understanding Employee/ Share Ownership Plan (ESOPS) in Kenya

Understanding Employee/ Share Ownership Plan (ESOPS) in Kenya What is an ESOP? An ESOP stands for employee stock/ share ownership plan. An ESOP grants company stock to employees, often based on the cadre and duration of their employment. Typically, it is part of a compensation package, where shares will vest over a period of time. […]

What are the Contractual Features of a brand Ambassador Agreement ?

A brand ambassador is an individual hired by a brand to promote and recommend a certain product or shed positive light on a particular brand to their network to increase sales. Following the rise of social media, brand ambassadors, (also known as brand representatives or social media influencers), have become increasingly central to the marketing […]

What Is a Synchronization License?

A synchronization license is an agreement between a music user and the owner of a copyrighted composition (song) that grants permission to release the song in a video format (YouTube, DVDs, Blue-ray discs). This permission is also called synchronization rights, synch rights, or sync rights. Who needs a Synchronization License? Whenever you release a recording of a […]

Requirements needed to set up a company

Do you want to setup a company? Having a business up and running most often one needs a company in order to have a structured and well aligned system to function. That is why it is advisable that you open up a company in order to run your business, because a company is a legal […]

Corporate governance in start-up companies

CORPORATE GOVERNANCE IN START- UP COMPANIES   WHAT IS CORPORATE GOVERNANCE? Corporate governance is defined as the legal and regulatory measures taken to ensure the protection of shareholders’ interests in a company and ensure the proper direction and control of the company in line with the said laws and regulations. This definition was derived from […]

Facts about term sheets

What is a Term Sheet? A term sheet is a non-binding agreement between parties that sets out the basic terms and conditions of an investment and which is usually used by startup companies when they commence their operations. The non-binding effect of a term sheet signifies the avoidance of legal formalities that arise when a […]

Steps to take when your copyright is or has been infringed

  Establishing legal grounds in Copyright infringement The first step towards filing a claim for copyright infringement is identifying the legal grounds on which your copyright may have been infringed. Infringement of a copyright often arises when a third party performs any acts legally granted to the copyright holder or author in relation to the […]

Investment Based Crowdfunding Regulations – 2021

The recent publication of the Draft Capital Markets (Investment Based Crowdfunding) Regulations 2021 (the “Regulations”) by the Cabinet Secretary for the National Treasury is a welcome response to the long awaited need for the regulation of the fintech market in Kenya. Crowd funding refers to the act of raising small amounts of money from a […]