Alberta Directors Resolutions Issuing Stock Options

Create a Stock Option Plan for key employees and directors of a Canadian company with this template Employee and Director Stock Option Plan.

• Participation in the Stock Option Plan is voluntary.
• Rights under the Plan are non-transferable by the participant (except upon death, when exercise rights pass to the legal beneficiaries).
• The company's board of directors will determine which employees are eligible to receive stock options.
• At the discretion of the board, the terms of unexercised options may be renegotiated, including exercise price.
• This template form is downloadable and fully editable.
• Intended for use only in Canada.

Give your directors, officers and employees an opportunity to buy shares with this Stock Option Plan Package for Canadian companies.

• Stock options are valuable incentives for attracting and retaining great people for your organization.
• This package of forms contains:
  • Stock Option Plan template,
  • Stock Option Agreement template,
  • Notice of Exercise of Option form.
• Available in MS Word format and fully editable.
• Intended to be used only in Canada.

Notify your employees that they have been granted stock options under a stock option plan with this downloadable Notice of Grant of Stock Options form.

The Notice form sets out:

• the number and class of option shares granted to the employee,
• the earliest and latest dates by which the options can or must be exercised,
• the vesting requirements,
• the option price per share.

This Notice of Grant of Stock Options is generic (not country specific) and is fully editable so it can be easily customized for your company's needs.

This checklist for developing employee stock option plans in private companies will guide you through the issues you need to consider and the questions you need to answer.

• The checklist includes such issues as:
  • determing what benefits are to be derived from the plan;
  • pitfalls to avoid;
  • valuation of your business;
  • investment opportunities;
  • drag-along provisions;
  • anti-dilution provisions;
  • liquidity;
  • tax planning;
  • profit sharing.
• This is an invaluable tool for any privately held company that wants to implement an incentive plan for its employees.
• Available in MS Word format.

Provide additional incentives to your employees as a reward for their ongoing contributions with this customizable Stock Equivalent Agreement.

• The employee will be paid deferred compensation each fiscal year based on the earnings per share of the company.
• The deferred compensation will be paid on the 3rd anniversary of the last day of the fiscal year, the death, disability or retirement of the employee, or the employee's resignation from the company, whichever is first to occur.
• The employee's right to receive deferred compensation is forfeited if the employee is terminated for cause.
• Non-competition clause which states that the company is not obligated to make any payments if the employee is engaged in any activity which competes with the company.
• The Stock Equivalent Agreement is another way for an employer to incentivize employee loyalty and dedication. Buy, download, personalize, print and sign.