Employee Share Option Plan (ESOP) Agreement template

£ 15

Use this template to outline the terms and conditions of an Employee Share Option Plan (ESOP), including eligibility criteria, grant details, vesting schedules, and exercise options.

What is this template for?

The purpose of this Employee Share Option Plan (ESOP) Agreement template is to provide you with a flexible and customisable document to serve as a robust and effective starting point for you.

By using our Employee Share Option Plan (ESOP) Agreement template, you can streamline your process, maintain consistency and accuracy, and save time, and it can be easily adapted to fit your specific scenario.


Reading time icon
Time to read / prep / use
5 mins
Document specs icon
Word count / length
230 words, 1 page A4
Date last reviewed icon
Date last reviewed
1 June 2024
employee share option plan (esop) agreement template

Employee Share Option Plan (ESOP) Agreement

Employee Share Option Plan (ESOP) Agreement


[Your Company Name] (hereinafter referred to as the "Company")


[Employee's Full Name] (hereinafter referred to as the "Employee")

Date of Agreement: [Date]

1. Grant Details:

  • Grant Date: [Date]
  • Number of Options Granted: [Number]
  • Exercise Price per Share: [Price]
  • Vesting Schedule: [Details]

2. Exercise Period:

  • Commencement Date: [Date]
  • Expiry Date: [Date]

3. Conditions for Exercise:

  • [Specify conditions, e.g., employment status, performance goals]

4. Tax Implications:

  • [Provide information on tax implications, if applicable]

5. Exercise Method:

  • [Specify how the Employee may exercise the options, e.g., by written notice to the Company]

6. Payment for Shares:

  • The Employee agrees to pay the exercise price in full upon exercise of the options.

7. Transferability:

  • The options granted under this ESOP Agreement are not transferable, except by will or the laws of descent and distribution.

8. Governing Law:

  • This Agreement shall be governed by and construed in accordance with the laws of [Specify Jurisdiction].

9. Entire Agreement:

  • This Agreement contains the entire understanding between the Company and the Employee concerning the options granted herein.

10. Acceptance:

  • The Employee acknowledges receipt of a copy of this Agreement and agrees to be bound by its terms and conditions.

Employee's Signature: _________________________ Date: ______________

Company Representative's Signature: _________________________ Date: ______________

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Why choose our Employee Share Option Plan (ESOP) Agreement template?

Our content:

Is easy to edit and execute, with comprehensive implementation guidance.
Is designed by accredited, experienced HR practitioners.
Maintains your compliance with ACAS guidelines, legislation, and industry best practices.
Includes 12 months access to your purchase, with email alerts if updated or expanded.

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