Backdating of options
For legal reasons, you should avoid using backdated documents.
In other words, the occasions in which it is appropriate to use backdated documents are rare.
One common approach is to date the document only once all involved parties have signed it and to use a date that goes back no further than the date of the most recent signature.
This will normally cover most cases that come across a corporate attorney's desk.
Lawyers on Up Counsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies such as Google, Menlo Ventures, and Airbnb.In practice, however, use of backdated documents happens, for better or worse.In French law, Section One of the Forgery and Counterfeiting Act of 1981 states that a person can be considered guilty of forgery when he or she produces a false instrument, with the intent that he or she or another person will use it to convince another person that it is real.Backdating contractual documents can be one of the most complex issues that legal professionals have to navigate.While this issue only comes up now and then, when it does, it's important to have a solid understanding of how to proceed.