Employee Stock Purchase Plan by interest-free loan
Create an Employee Stock Purchase Plan for your company with this easy-to-use template form.
The Plan will provide interest-free loans to bona fide employees of the company to allow them to purchase shares of stock in the company. The Plan includes provisions for:
This generic Employee Stock Purchase Plan is provided in MS Word format, and is fully editable.
The Plan will provide interest-free loans to bona fide employees of the company to allow them to purchase shares of stock in the company. The Plan includes provisions for:
- Method of determination of the market value of the shares.
- Eligible employees must provide the company with a direction to advance loan proceeds, and a promissory note for the amount of the loan.
- The employee may pay the loan before maturity without bonus or penalty.
- A trustee will hold the shares in trust for the employee, and will release a certain percentage of the shares at each anniversary of the purchase date, provided that the employee is not in default of payments under the note.
This generic Employee Stock Purchase Plan is provided in MS Word format, and is fully editable.
File Details
| Price: | $25.00(CAD) |
| Document ID: | 97 |
| Downloads: | 17 |
| Date Added: | 2002-01-01 |
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