diff --git a/contracts/token/GrantableToken.sol b/contracts/token/GrantableToken.sol
new file mode 100644
index 000000000..9cce5813b
--- /dev/null
+++ b/contracts/token/GrantableToken.sol
@@ -0,0 +1,109 @@
+pragma solidity ^0.4.8;
+
+import "./StandardToken.sol";
+
+contract GrantableToken is StandardToken {
+  struct StockGrant {
+    address granter;
+    uint256 value;
+    uint64 cliff;
+    uint64 vesting;
+    uint64 start;
+  }
+
+  mapping (address => StockGrant[]) public grants;
+
+  function grantStock(address _to, uint256 _value) {
+    transfer(_to, _value);
+  }
+
+  function grantVestedStock(address _to, uint256 _value, uint64 _start, uint64 _cliff, uint64 _vesting) {
+    if (_cliff < _start) throw;
+    if (_vesting < _start) throw;
+    if (_vesting < _cliff) throw;
+
+    StockGrant memory grant = StockGrant({start: _start, value: _value, cliff: _cliff, vesting: _vesting, granter: msg.sender});
+    grants[_to].push(grant);
+
+    grantStock(_to, _value);
+  }
+
+  function removeStockGrant(address _holder, uint _grantId) {
+    StockGrant grant = grants[_holder][_grantId];
+
+    if (grant.granter != msg.sender) throw;
+    uint256 nonVested = nonVestedShares(grant, uint64(now));
+
+    // remove grant from array
+    delete grants[_holder][_grantId];
+    grants[_holder][_grantId] = grants[_holder][grants[_holder].length - 1];
+    grants[_holder].length -= 1;
+
+    balances[msg.sender] = safeAdd(balances[msg.sender], nonVested);
+    balances[_holder] = safeSub(balances[_holder], nonVested);
+  }
+
+  function stockGrantCount(address _holder) constant returns (uint index) {
+    return grants[_holder].length;
+  }
+
+  function stockGrant(address _holder, uint _grantId) constant returns (address granter, uint256 value, uint256 vested, uint64 start, uint64 cliff, uint64 vesting) {
+    StockGrant grant = grants[_holder][_grantId];
+
+    granter = grant.granter;
+    value = grant.value;
+    start = grant.start;
+    cliff = grant.cliff;
+    vesting = grant.vesting;
+
+    vested = vestedShares(grant, uint64(now));
+  }
+
+  function vestedShares(StockGrant grant, uint64 time) private constant returns (uint256 vestedShares) {
+    if (time < grant.cliff) return 0;
+    if (time > grant.vesting) return grant.value;
+
+    uint256 cliffShares = grant.value * uint256(grant.cliff - grant.start) / uint256(grant.vesting - grant.start);
+    vestedShares = cliffShares;
+
+    uint256 vestingShares = safeSub(grant.value, cliffShares);
+
+    vestedShares = safeAdd(vestedShares, vestingShares * (time - uint256(grant.cliff)) / uint256(grant.vesting - grant.start));
+  }
+
+  function nonVestedShares(StockGrant grant, uint64 time) private constant returns (uint256) {
+    return safeSub(grant.value, vestedShares(grant, time));
+  }
+
+  function lastStockIsTransferrableEvent(address holder) constant public returns (uint64 date) {
+    date = uint64(now);
+    uint256 grantIndex = grants[holder].length;
+    for (uint256 i = 0; i < grantIndex; i++) {
+      date = max64(grants[holder][i].vesting, date);
+    }
+  }
+
+  function transferrableShares(address holder, uint64 time) constant public returns (uint256 nonVested) {
+    uint256 grantIndex = grants[holder].length;
+
+    for (uint256 i = 0; i < grantIndex; i++) {
+      nonVested = safeAdd(nonVested, nonVestedShares(grants[holder][i], time));
+    }
+
+    return safeSub(balances[holder], nonVested);
+  }
+
+  function transfer(address _to, uint _value) returns (bool success){
+    if (_value > transferrableShares(msg.sender, uint64(now))) throw;
+
+    return super.transfer(_to, _value);
+  }
+
+  function max64(uint64 a, uint64 b) private constant returns (uint64) {
+    return a >= b ? a : b;
+  }
+
+  function min256(uint256 a, uint256 b) private constant returns (uint256) {
+    return a < b ? a : b;
+  }
+}