All Templates
/
contract types
/
📁 Share option agreement

📁 Share option agreement

About this category

A share option agreement is a contract between an employer and employee that gives the employee the right to buy shares in the company at a set price within a certain period of time. The agreement will specify the number of shares the employee can purchase, the price per share, and the timeframe in which the employee must exercise their option.

Note: Working on a legal issue? Try our AI Legal Assistant - It's free while in beta 🚀

Use our legal assistant

📁 Share option agreement

templates

Emi Share Option For Time And Performance (Stand-Alone)

This is a legal document that grants an employee the option to buy shares in the company based on how long they have worked there and how well they have performed.

What to watch out for

  • The agreement should grant the employee a time
  • based share option.
  • The agreement should be performance
  • based.
  • The company should be able to terminate the agreement at any time.
  • The employee should be able to terminate the agreement if the company fails to meet the performance criteria.
    • Contract template sketch
    4
    An outline stencil of a pencil to represent the number of uses this contract template has had.
    11
    Share icon, to represent the number of times this template has been shared by Genie AI users
    2
    Publisher

    Genie AI

    Jurisdiction

    England and Wales

    Use this template

    Exit Only Emi Share Option (Stand-Alone)

    This is a legal document that grants an employee an "exit only" stock option from their company.

    What to watch out for

  • The agreement should be in writing
  • The agreement should be signed by both parties
  • The agreement should state the number of shares to be granted
  • The agreement should state the exercise price of the shares
  • The agreement should state the expiration date of the option
    • Contract template sketch
    4
    An outline stencil of a pencil to represent the number of uses this contract template has had.
    11
    Share icon, to represent the number of times this template has been shared by Genie AI users
    0
    Publisher

    Genie AI

    Jurisdiction

    England and Wales

    Use this template

    Associated business activities

    Grant share option

    1. A share option plan is a set of rules that allows employees to purchase shares in the company they work for at a set price. 2. This can be beneficial for employees as it allows them to buy shares at a discounted price, and can also be a good way for companies to reward and retain employees. 3. Share option plans can also be used as a tax-efficient way to invest in a company, as any gains on the sale of shares are taxed at a lower rate than other forms of income.

    Try the world's most advanced AI Legal Assistant, today

    get started now
    The Genie AI logo, a dual-shaded purple fountain-pen nib, with the words Genie AI written in Black underneath.
    © 2022 Genie AI, Inc. All rights reserved
    BlogDictionaryPartnerships
    AI PodcastContributorsPrivacy PolicyTerms of Use
    Contact usPressCareers
    Legal Q&A ServiceFixed-Price Contracts