Employee Stock Option Plan (ESOP)
ESOP (Employee Stock Option Plan) is an effective employee retention strategy with which a company provides stock options to its employees so that they stick around and remain motivated. It offers employees an ownership interest in the company.
Description
Documents required for Employee Stock Option Plan
Minutes of a board meeting.
Special resolution approving ESOP along with the explanatory statement.
Minutes of the general meeting.
Boards report.
Register of employee’s stock option plan.
PAS- 3, MGT- 14.
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