Parallel Avocats assisted WeMaintain in the implementation of an equity incentive plan for the employees of the group based in England.

1. Challenge

As part of its international expansion, WeMaintain, which mobilizes human expertise and technology to simplify elevators maintenance, has set up in England. WeMaintain wanted to adopt an equity incentive plan for the employees of the group based in England.

2. Solution

Parallel Avocats has identified the legal structure allowing to grant to the employees of the group based in England, options to purchase shares of WeMaintain under conditions similar to those applicable to other employees of the group while benefiting from a preferential tax regime. Parallel Avocats then drafted the legal documentation relating to this transaction.

3. Bénéfices

The work carried out by Parallel Avocats has enabled WeMaintain to extend its profit-sharing policy with a view to retaining talents and rewarding them for the efforts and skills they invest in the company’s growth.

Avis du client

« Parallel Avocats advises us on all our strategic corporate issues. The expertise and Parallel Avocats’ capacity to act in an international and complex context has allowed us to comprehensively understand the international expansion of our activities. The responsiveness of the team was also decisive in meeting deadlines ».

Benoit Dupont

CEO of WeMaintain

WeMaintain | Parallel Avocats
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parallel

Parallel is a name chosen to evoke the fact that legal advice must be connected to the operational issues and constraints of companies.

Business and law cannot be dealt with separately.

Understandable in many languages, Parallel also refers to the coexistence of traditional companies and innovative businesses, each of which can take advantage of the industrial revolution we are experiencing, provided they master their legal environment and anticipate its evolution.

Case studies

corporate

Cross-border incentive plan

Parallel Avocats assisted WeMaintain in the implementation of an equity incentive plan for the employees of the group based in England.

Share

As part of its international expansion, WeMaintain, which mobilizes human expertise and technology to simplify elevators maintenance, has set up in England. WeMaintain wanted to adopt an equity incentive plan for the employees of the group based in England.

Parallel Avocats has identified the legal structure allowing to grant to the employees of the group based in England, options to purchase shares of WeMaintain under conditions similar to those applicable to other employees of the group while benefiting from a preferential tax regime. Parallel Avocats then drafted the legal documentation relating to this transaction.

The work carried out by Parallel Avocats has enabled WeMaintain to extend its profit-sharing policy with a view to retaining talents and rewarding them for the efforts and skills they invest in the company’s growth.

Benoit Dupont

CEO of WeMaintain

« Parallel Avocats advises us on all our strategic corporate issues. The expertise and Parallel Avocats’ capacity to act in an international and complex context has allowed us to comprehensively understand the international expansion of our activities. The responsiveness of the team was also decisive in meeting deadlines ».

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