šŖ Exit only share option plan
A exit only share option plan is a type of employee stock ownership plan (ESOP) that allows employees to purchase shares of company stock at a set price, usually over a period of years. After a certain number of years, or when the employee reaches a certain age or level of service, the shares can be sold back to the company at their fair market value. This type of plan can be used to attract and retain employees, and to align their interests with those of the company.
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