This checklist for developing stock option plans in private companies will guide you through the issues you need to consider and the questions you need the answers to before setting up an employee stock option plan including:
determing what benefits are to be derived from the plan;
pitfalls to avoid;
valuation of your business;
The Employee Stock Option Plan Checklist is an invaluable tool for any privately held company that wants to implement an incentive plan for its employees. Buy and download it for your business.
Give your employees an opportunity to become shareholders in the company by setting up an Employee Stock Purchase Plan by Interest Free Loan.
Interest-free loans are given to eligible employees of the company as an incentive to allow them to purchase shares of stock and participate in the business' future.
Eligible employees sign a promissory note for repayment 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.
Employees who are part of the company are more dedicated, more loyal and more engaged. Incentivize your staff with an Employee Stock Purchase Plan by Interest Free Loan.