Enterprise Management Incentive (EMI) Scheme Option Agreement template
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This template is specifically designed for EMI schemes, a tax-advantaged share option scheme in the UK. It covers option grants, exercise conditions, and tax implications.
Enterprise Management Incentive (EMI) Scheme Option Agreement
Enterprise Management Incentive (EMI) Scheme Option 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. EMI Option 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 Advantages
- EMI
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What is this for?
This Enterprise Management Incentive (EMI) Scheme Option 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.