The company may offer ESOPs to its employees as a part of retention policy and also to encourage them into participating actively in business activities of the company. Post the application and payment for shares, the company has to formally issue the certificates of allotment and inform the employee of such allotment.
This letter template is available for download in Word format.
In just a few minutes you will be able to create aa ESOP transfer letter for your employees. This template covers vital information like: