Employee Stock Option Plans or ESOPs are not just a numbers game, but also one of the key strategy to involve employees in the company’s growth and encourage long-term commitment. It is an opportunity for employees to buy shares in a company at a predetermined price within a set period of time, giving them the prospect of a direct stake in the company’s success.
We specialise in helping companies develop effective ESOP plans, taking into account specific rules such as vesting conditions or cliff periods. These legal nuances are essential to ensure that stock options are exercised fairly and transparently.
In addition, our expertise allows us to advise on more complex aspects, such as good leaver and bad leaver clauses, which can be crucial during the exercise of an option.