One of Upstock’s main goals is to promote worker-company trust through the standardization of legal documents. By streamlining major aspects of the contract drafting and review process, companies and their team can save time and legal costs normally spent on creating these types of equity plans.
However, the circumstances of each person or company are unique and, despite legal document standardization, there may be situations where specific or specialized advice is still needed. Since we are not your lawyers, we cannot provide you tax or legal advice. We are also not in the best position to do so since we do not owe you a fiduciary duty and we have an interest in promoting our service or product.
Our support is limited to providing general information and educational materials on topics relevant to our product or service. Your use of Upstock does not create an attorney-client relationship with us and your utilization of our product or service presupposes that you have made a prior evaluation with respect to its applicability and appropriateness vis-a-vis your company’s needs and requirements.
Thus, we strongly encourage our customers to engage their own tax and legal counsel to determine the suitability of Upstock’s equity plans and its compliance with the applicable laws and regulations in the appropriate jurisdiction.