Vesting Agreements Under Turkish Law

1. Introduction and Conceptual Framework

The global entrepreneurship ecosystem has transformed not only financing instruments, but also the methods by which companies secure the long-term commitment of their founding teams and key employees. Particularly in technology-focused start-ups, company value at the outset is often shaped not by tangible assets, but rather by founders' vision, technical know-how, product development capacity, and human capital. For this reason, one of the most critical issues for early-stage companies is to ensure that those who contribute most to the growth of the company remain with the company, to prevent unbalanced shareholding structures arising from early departures, and to establish a sustainable management structure from the perspective of investors.