Can I use this template in my small business?

Yes. The Share Incentive Plan (SIP) Participation Agreement template is designed to be flexible and suitable for organisations of all sizes, including small businesses and charities. It follows UK employment law best practice, so even if you don't have an in-house HR team, you can confidently apply it.

Is this template compliant with 2025 UK employment law?

Absolutely. All of our templates are drafted with the latest ACAS guidance and UK employment legislation in mind. We review and update them regularly, so you can be confident they remain compliant.

Can I customise it for my organisation?

Yes, we highlight the areas that you need to update with your own details, and where you need to make decisions to suit your situation. This saves you time and ensures that you meet best practice.

Do I get instant access?

Yes. Once purchased, you'll be able to download it instantly. Templates are provided in editable Word or Excel format so you can customise them easily, and in PDF format for easy sharing.

What if I need more help, not just this template?

If you're looking for broader support, we also offer toolkits and library bundles that include this template, along with other HR templates and policies for fully managing your situation. These may be more cost-effective if you need deeper advice.

Full library / Management / Share Schemes /

Share Incentive Plan (SIP) Participation Agreement template

Name: HR Share Incentive Plan (SIP) Participation Agreement template UK 2025
Price: 14 GBP
Availability: InStock

Share Incentive Plan (SIP) Participation Agreement

Template

£14

Use this Share Incentive Plan (SIP) Participation Agreement for employees joining a SIP, outlining the terms of their participation, including share purchase options and vesting criteria.

2 pages / 253 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.

SAVE 1 hour drafting and research time, and reduce your risk.

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This document is also included within in these value bundles:

Share Schemes toolkit

14 templates

£55

Management library

Share Incentive Plan (SIP) Participation 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. SIP Participation Details

Participation Date: [Date]
Employee ID/Number: [Employee ID/Number]
Department/Division: [Department/Division]

2. SIP Scheme Details

SIP Scheme Offering Date: [Date]
SIP Scheme Offering Price per Share: [Price]
SIP Scheme Duration (e.g., 3 or 5 years): [Duration]
Percentage of Salary Contributed

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This Share Incentive Plan (SIP) Participation 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.

Share Incentive Plan (SIP) Participation Agreement template

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