Document background
The Stock Option Purchase Agreement is a crucial document used in Belgian corporate practice when companies wish to grant equity options to employees, executives, or other eligible individuals. It serves as the primary instrument for documenting stock option grants under Belgian law, particularly adhering to the Law of 26 March 1999 and the Belgian Companies and Associations Code. This agreement is essential for companies implementing equity incentive plans, whether for talent attraction, retention, or alignment of interests with shareholders. The document outlines all critical aspects of the option grant, including exercise terms, vesting conditions, and tax implications, while ensuring compliance with Belgian corporate, securities, and tax regulations. It's particularly relevant for growing companies, listed entities, and businesses seeking to implement competitive compensation packages in the Belgian market.
