Himanshu Gupta 11 November 2019
Sb Karma 11 November 2019
Originally posted by : Himanshu Gupta | ||
want to understand the best way to assign esops to performing employees |
An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company. ESOPs give the sponsoring company, the selling shareholder, and participants receive various tax benefits, making them qualified plans. Companies often use ESOPs as a corporate-finance strategy and to align the interests of their employees with those of their shareholders.
You can go for a proposal with the help of CA who look-after your company.
And for assign it to the employee just meet a gathering with them and explain the benefit to them.But during divison of share please read all clause with other help.
Means take help from outside too like local other lawyer to understand bad side of the clauses,because your regular legal helper may hide some clause but other new lawyer will focused on faults to those clause,,,if it found he will explain you immedietly.