Your browser does not support JavaScript

Enterprise Management Incentive (EMI) Scheme Option Agreement template

1 minute read
£ 15

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.

We also have budget-friendly bundles featuring this template:

What is an Enterprise Management Incentive (EMI) Scheme Option Agreement?

The purpose of this Enterprise Management Incentive (EMI) Scheme Option 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 Enterprise Management Incentive (EMI) Scheme Option 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.

Enterprise Management Incentive (EMI) Scheme Option Agreement template
enterprise management incentive (emi) scheme option agreement template

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 scheme offers certain tax advantages. Consult your tax advisor for details.

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 EMI Scheme Option 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: ______________

Direction

The Enterprise Management Incentive (EMI) Scheme Option Agreement template is issued by an employer
Employer
Issue path
The Enterprise Management Incentive (EMI) Scheme Option Agreement template is issued to an employee
Employee

Timing

As and when required.
Who are some Companies who utilise our Enterprise Management Incentive (EMI) Scheme Option Agreement template?
Si
Why buy our Enterprise Management Incentive (EMI) Scheme Option Agreement template?
  • You save time and effort with a professionally written, editable HR document that is tailored to meet best practice.
  • You ensure compliance with applicable ACAS Codes of Conduct and other legal requirements.
  • You are notified by email whenever this template or its supporting resources are updated.
  • You enjoy 12 months of unlimited access with no hidden fees or extra costs.
  • You unlock a 25% discount on all future purchases or renewals of our libraries, toolkits, and templates.

What do our customers say about us?

I have been using the service now for around 6 months and it has been really useful in developing and updating polices and processes.

- Jamie Allan, Armstrong Craven ★★★★★

Armstrong Craven logo

Read full review on Google

Excellent library of resources and templates which have made my job in my small business so much easier to manage HR for my employees...

- Emma Hunt ★★★★★

Read full review on Google

Great value and the site contains an extensive library of essential HR documents. I access the site probably once a week...

- Laura Alliss-Etty ★★★★★

Read full review on Google

A great source of information and advice. I can highly recommend hrdocbox.

- Georgina Loom, The Hygiene Bank

The Hygiene Bank logo

HRDocBox is a great resource. It is incredibly good value, providing a large selection of HR guidance materials as well as...

- Emma Beauchamp ★★★★★

Read full review on Google

Enhancing Employment Opportunities for Autistic Individuals - A Government Review
Wed, 28 Feb 24

Enhancing Employment Opportunities for Autistic Individuals - A Government Review

The government has recently unveiled a comprehensive review aimed at improving support for autistic individuals in the workplace...