Processes

Welcome to the Eldison Platform's process guide. Here, you'll learn how to manage different types of processes for transferring assets during important events and milestones.

Process types

The platform supports six main process categories:

• Award Process: Grants assets to eligible participants.
• Termination Process: Manages assets when a participant's engagement ends.
• Buyback Process: Repurchases assets from participants, returning them to the company.
• Exercise Process: Enables participants to exercise their stock options.
• Dividend Payout Process: Distributes dividends to shareholders.
• Award Termination Process: Cancels an already existing award.

General process steps

Creating a draft

The initial phase involves collecting necessary data consolidated into one step. Once saved, the process remains in a "draft" state, visible only to the operator for review and confirmation. Documentation generates automatically per predefined schema.

Processes can start from multiple locations: process lists, participant lists, or individual participant profiles. Plan selection follows, unless only one plan exists (then automatic).

Publishing

Publishing the process makes it visible to all relevant parties and initiates the signature phase. Documents regenerate with current participant and process data. If no approval or signing processes exist, completion occurs automatically.

Approval process (optional)

If enabled at the client level, an approval sub-process ensures a double-check of the data and documents for accuracy. Any non-initiating operator may approve or reject.

Signing process (optional)

This stage involves generating and signing documents. These are sent via DocuSign to all signatories.

Cancel signing process

Operators can void DocuSign envelopes for pending documents, enabling modifications or cancellation.

Process completed

Once a process is marked as complete, asset transfers are executed according to the process details.