SpotDraft (the "Company") is a contract management platform that is based out of India catering to the Indian customer base. As part of the employment compensation and retention plan, the Company is required to issue Employee Stock Options or ESOPs. You are required to help the Company in understanding the end-to-end process to issue these options keeping in mind the relevant laws and regulations, and also help in designing an implementation strategy for the final roll-out. In the process of issuing ESOPS, please help frame a process for the following:

1. What are the steps to be followed as per the relevant laws? What documents govern the ESOPS? Are there any filings to be made?

2. What are the steps to be followed to roll out and implement the final ESOP policy? Are there any documents involved?

3. Does the company require any tools to help manage the issue and allotment? If yes, which tool would you recommend and why?

4.What is the expected timeline for the overall process to be completed, from ideation through issuance?