Document background
The Incentive Stock Option Agreement serves as a crucial document for Belgian companies looking to attract, retain, and motivate key employees by offering them the opportunity to participate in the company's growth through share ownership. This agreement is commonly used by both private and public companies in Belgium, particularly in high-growth sectors and scale-ups. The document must comply with specific Belgian tax and corporate law requirements, including the Law of 26 March 1999 on Stock Options, which provides for a specific tax regime for stock options. It typically includes detailed provisions on vesting schedules, exercise procedures, and tax implications, while ensuring compliance with Belgian corporate governance requirements and EU regulations. The agreement is particularly important for companies implementing employee incentive schemes or preparing for potential exit events.
