Save As You Earn (SAYE) Scheme Participation form template

Employee Details

Employee's Full Name: ____________________________________________

Employee's Employee ID/Number: __________________________________

Department/Division: ____________________________________________

Contact Information (Email/Phone): _______________________________

SAYE Scheme Details

SAYE Scheme Offering Date: ____________________________________

SAYE Scheme Offering Price per Share: ___________________________

SAYE Scheme Duration (e.g., 3 or 5 years): _______________________

SAYE Monthly Contribution Percentage: ___________________________

Bank Account Details for Contributions

Bank Name: ____________________________________________________

Account Holder Name: ___________________________________________

Account Number: ______________________________________________

Sort Code: _____________________________________________________

Declaration

I, [Employee's Full Name], hereby confirm my intention to participate in the [Company Name] SAYE Scheme. I understand and agree to the following terms and conditions:

1. I acknowledge that my monthly contributions to the SAYE Scheme will be deducted from my salary.

2. I understand that I will have the option to purchase shares at the SAYE Scheme Offering Price upon maturity.

3. I am aware that I must meet all the requirements and obligations outlined in the SAYE Scheme documents provided by the Company.

4. I understand that participation in the SAYE Scheme is voluntary and that I have the right to withdraw from the scheme at any time, subject to the terms and conditions of the scheme.

5. I confirm that the bank account details provided for contributions are accurate and up to date.

Employee's Signature: __________________________ Date: ______________

Company Representative's Signature: ___________________ Date: ______________