Slicing Pie Offer Letter Template

I published a sample Slicing Pie offer letter a few years ago and it has been a very popular download. Last week I took another look at it and made some updates. The key is to make it clear that the participant is being offered a position with an agreed-upon fair market salary, but that no actual salary payments are being promised or implied and that Slicing Pie will be used for the equity split. It’s also good to cover basic expectations with regard to responsibilities, work product and time commitment.  Failure of the employee to fulfill these requirements could lead to termination for cause. In many jurisdictions, an offer letter constitutes a legally-binding agreement. As I am not a lawyer, you should run this past one before using it in your own company. If you’re lawyer doesn’t understand Slicing Pie, put him or her in touch with us or find a new lawyer!