Cake standard templates are fully editable, allowing you to easily add wording and clauses to suit your specific needs. Check out the steps below on how to edit the contracts.
Click on the arrow to show the instructions
ESOP Offer Letter/ Grant Letter
ESOP Offer Letter/ Grant Letter
In the main menu, go to Incentive Plans then Options/Stock options.
Click 'View Pool' (If you haven't set up a pool yet you will need to do so first by following the steps in this article -> Add an Employee Stock Option Plan).
Within the pool, scroll down to Contracts. Click the pencil icon on the relevant contract you wish to edit. It will open a new tab for the Contract Engine.
You can now make your adjustments. The contract will save automatically as you make the changes, so when you are done, simply close the tab.
Raise
Raise
In the main menu, go to Tools then Raise (SAFE).
Click 'See details' (if you haven't set up a raise yet you will need to do so first by following the steps in one of these articles -> How to set up a Raise with Equity / SAFE note / Convertible note).
Navigate to the Contracts tab.
Click on the contract you wish to edit and select 'edit' in the top right-hand corner. It will open a new tab for the Contract Engine.
You can now make your adjustments. The contract will save automatically as you make the changes, so when you are done, simply close the tab.
Transfers
Transfers
In the main menu, go to Equity then Shareholders.
Navigate to Share transfers/Stock transfers in the top menu.
Select 'View details' on the transfer you wish to edit the contract for (if you haven't set up a transfer yet do so first by following the steps of Method 1 in this article -> Share transfers).
Navigate to the Contracts tab in the top menu.
Click on the contract and select 'edit' in the top right-hand corner.
You can now make your adjustments. The contract will save automatically as you make the changes so when you are done simply cross out the page.
💡 Each template will have a range of different variable tags added throughout the template that looks like this tag below:
Wherever there is a variable like the one above, the platform will insert the data you've added to each offer in the Cake platform. For any sections where you want the individual details to pull through for each offer make sure to leave the variables in the template. If you wish to use the same wording for each offer you can simply replace the variable with your desired wording.
Depending on which contract you are using, there can also be some tags that will pull through from the Company Section or other sections in the platform.
🛑 Each template is saved within the feature that you edited the template from. This means if you delete your Raise/ESOP/Transfer the contract will be deleted with it!