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This legal template could serve as an outline or framework for documenting a resolution passed through a written resolution under UK law. A written resolution refers to a decision made by a company's directors or shareholders outside of a formal meeting. This template would likely contain sections covering the necessary information to draft a comprehensive written resolution document as per the requirements of UK law. It could include sections outlining the purpose of the resolution, the background or rationale behind it, specific actions or decisions being made, any relevant terms or conditions, as well as the date and signatures of those approving the resolution. This template aims to provide a structured format that ensures compliance with legal regulations, clarity, and consistency when documenting resolutions passed via written means under UK law.

The Shareholder Resolution (Approve An Employee Share Scheme) under UK law is a legal template specifically designed for companies incorporated in the United Kingdom. This document is typically utilized to seek approval from the company's shareholders regarding the implementation of an employee share scheme.

An employee share scheme, also known as an employee share ownership plan, is a mechanism used by companies to provide their employees with an opportunity to acquire ownership interests in the company. This scheme can prove to be beneficial for both the company and its workforce, promoting employee morale, productivity, and enhancing overall company performance.

The resolution mentioned in this template serves as a formal proposition presented to the shareholders, seeking their consent to implement an employee share scheme. Within this legal document, specific details and terms of the proposed scheme would be outlined, including the number of shares or options to be allocated to employees, the eligibility criteria, vesting conditions, and any other relevant provisions.

For this shareholder resolution to take effect, it generally requires the affirmative vote of the shareholders during a general meeting or through written consent. The approval process involves disclosing the objectives and benefits of the proposed share scheme to the shareholders, addressing any concerns or queries they may have, and seeking their authorization to proceed with its implementation.

It is important to note that this legal template is specific to UK law and should be used within the legal and regulatory framework set forth by the Companies Act 2006 and other relevant legislation governing employee share schemes in the UK. Additionally, it is highly recommended that companies consult with legal professionals who specialize in corporate law or employment law to ensure compliance with all regulatory requirements and to customize the template according to their specific needs.