Define expectations from the employees in your organization with respect to the scheme and eligibilities of Employee Stock Option Program (ESOP).
The ESOP Policy enables employees who are eligible to participate in this program to understand the guidelines and rules of the scheme. This will help employees to know about the eligibility of stocks ownership, handling of stocks once granted by the company and various other regulations attached to the same.
This policy template is available for download in Word format.
With this ESOP Scheme template you can:
Provide clarity about the scheme, including government regulations and taxation
Provide guidelines on participation, eligibilities and benefits
Explain computation of these benefits
In just a few minutes you will be able to create a ESOP scheme. This policy covers rules to be followed with respect to:
Standard guidelines that are applicable to participants
Responsibility of the company as well as the employee
Documentation and procedures for such application and allotment
This template is meant to provide general guidelines and should be used as a reference. This is not a legal document. greytHR will not assume any legal liability that may arise from the use of this template.