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We have developed the initial concepts around a staff equity programme that includes both stock options and convertible bonds. The next stage for us on this is to structure the convertible bond vehicle as a legal document so that such bonds may be issued. The document needs to be relevant to Singapore and abide by Singapore laws and regulations which we will ultimately be using a law firm in Singapore to vet, however the bulk of the document needs to first be constructed so that both ourselves and the law firm employed can make amendments and finalise. We're looking for a paralegal with interest in both contract writing and structuring of incentive vehicles who can work with us on this and potentially other contracts in the future. We will supply the concept document which is casual in nature and has no legal basis and we would expect the person hired to perform this work to construct the contract from scratch.
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