Document background
The Share Option Agreement serves as a critical instrument for companies operating under Belgian law to provide equity-based incentives to their employees, executives, or other eligible individuals. This document is particularly important given Belgium's specific tax regime for stock options, which offers potential tax advantages when structured correctly. The agreement is typically used as part of compensation packages to attract and retain talent, align interests with shareholders, and provide long-term incentives. It must comply with Belgian corporate law, tax regulations (especially the Law of 26 March 1999), and employment legislation. The document details the option grant, exercise conditions, vesting schedule, and addresses crucial aspects such as termination scenarios, transferability restrictions, and tax implications specific to the Belgian jurisdiction.
