USA Purchase Money Promissory Note for Employee to Purchase Option Shares

Help your employees to buy stock in your company by loaning them the money to purchase option shares, and secure the loan with this USA Purchase Money Promissory Note.

• Interest on the Note will be calculated and paid monthly.
• Setoff. The amount due under the Note is subject to setoff for bonus compensation and other amounts payable by the corporation to the employee.
• Security Interest. The employee grants the corporation a continuing security interest in the option shares.

This USA Purchase Money Promissory Note for Employee to Purchase Option Shares template is available in MS Word format, and can be edited as necessary to include all the specifics of your transaction.