Employee Share Option Plan (ESOP) Agreement template
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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.
- 1 page / 230 words.
- Last updated 09/10/2023.
- Designed for United Kingdom use.
- Suitable for use in other territories; check local laws first.
- Instantly download as Word / PDF / plain text, or send by email.
- Includes 12 months’ access, with all updates to this page provided free of charge and notified to you.
Employee Share Option Plan (ESOP) Agreement
Employee Share Option Plan (ESOP) Agreement
Between:
[Your Company Name] (hereinafter referred to as the "Company")
And:
[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
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This Employee Share Option Plan (ESOP) Agreement template aims to offer you a versatile and customisable tool, serving as a solid foundation for your needs. Utilise it to ensure consistency, enhance accuracy, and save valuable time.
Adapt it to suit your unique requirements, ensuring efficiency and effectiveness in your HR processes.
It is usually delivered to the Employee by the Employer / HR.
It should be actioned as and when required.
