A share option plan rules covers the eligibility requirements for employees to participate in the plan, the maximum number of shares that can be granted to an employee under the plan, and the vesting schedule of the options.
Note: Working on a legal issue? Try our AI Legal Assistant - It's free while in beta 🚀
Use our legal assistantThe following is a template for a company share option plan (CSOP) that meets the requirements of Schedule 4 of the Income Tax (Earnings and Pensions) Act 2003.