Products tagged with 'employee incentive plan'

Give your employees an opportunity to become shareholders in the company by setting up an Employee Stock Purchase Plan funded by an 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.

Authorize the establishment of an Employee Stock Option Plan (ESOP) to issue stock options to key personnel with this Resolutions Package for Ontario corporations.

• This forms package contains:
  • Resolutions of the Shareholders approving the ESOP.
  • Resolutions of the Directors authorizing the corporate officers to take all necessary actions to establish the ESOP.
  • Resolutions of the Directors approving a policy statement outlining the Plan and implementing the ESOP.
  • Resolution of the Directors granting stock options to certain employees, directors and consultants.
• The forms are available as a single downloadable MS Word file, which is fully editable.
• Intended to be used only in the Province of Ontario, Canada.

Employers, provide incentives to a valued employee with this Offer of Continued Employment with Phantom Equity.

• The employment will continue at the current rate of compensation, with bonuses paid from surplus profit distribution.
• The employee will be paid phantom equity compensation if the company is sold or undergoes a change of control.
• The phantom equity will consist of a percentage of the proceeds of the sale and will be subject to applicable employee source deductions.
• The offer contains standard employee confidentiality, non-solicitation and non-competition provisions.
• This template is provided in MS Word format and is totally editable to meet your specific circumstances.
• This is a generic form that can be used in many jurisdictions.

Give your key personnel an incentive to stay with the company by issuing them stock options. This One-Off Grant of Stock Options template is for Ontario corporations.

• The grant of option is for a percentage of the participating common shares on a fully diluted basis.
• Option shares are non-voting, but they otherwise have all the same rights as the other common shares.
• The option vests fully immediately upon issue of the grant, however, the optionee must be employed by the company to exercise all or any part of the option.
• Unexercised options expire 90 days after the death of the optionee.
• This template is downloadable and fully editable to fit your business needs.
• Intended for use only in the Province of Ontario, Canada.

Grant Stock Appreciation Rights to key personnel in your company under the terms of this template Agreement.

• The Agreement is between the company and one of its key personnel, pursuant to a Stock Appreciation Rights (SAR) Plan.
• The employee is being granted a number of SARs with respect to common shares issued to the employee as compensation for performance.
• Upon being exercised, the SARs will give the employee the right to receive a cash payment of the difference between the between the Fair Market Value (FMV) and the Base Price of a single share of common stock in the company.
• The Agreement sets out the number of SARs being granted, how they are to be exercised, the term of the exercise period, and other conditions relating to the employee's rights and obligations under the SAR Plan.
• The Agreement is governed by the securities laws of the United States.

Set up an Equity-Based Long Term Incentive Plan in your company with this downloadable template for U.S. businesses.

An Equity-Based Long Term Incentive Plan is an effective way for companies to motivate and reward their key employees and officers. By utilizing this downloadable template, businesses can set the parameters for their incentive program.

Participation and Benefits

The Plan enables key employees and officers to become stockholders, offering them a direct stake in the company's success. This alignment of interests helps foster dedication and commitment among the leadership team.

Attracting and Retaining Talent

Implementing a well-structured incentive plan enhances a company's ability to attract and retain top-tier talent. By providing meaningful rewards, the Plan supports the development of a skilled and loyal workforce.

Types of Awards

Awards granted under the Plan may include stock options, stock appreciation rights, deferred stock, restricted stock, or a combination of these elements. This flexibility allows companies to tailor their incentive offerings to meet organizational goals and employee expectations.

Getting Started

Download your copy of the USA Equity-Based Long Term Incentive Plan template today and begin rewarding your key contributors, strengthening your company's future and supporting ongoing growth.

Legality

This Plan is drafted in accordance with United States securities legislation, ensuring compliance and legitimacy for participating organizations.