Products tagged with 'employee incentive plan'
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Employee Stock Purchase Plan by Interest Free Loan
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.
$12.49
Ontario Resolutions to Set Up Employee Stock Option 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.
$6.29
Offer of Continued Employment with Phantom Equity
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.
$17.99
Ontario Key Personnel One-Off Grant of Stock Options
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.
$29.99
Director Minutes to Adopt Medical Reimbursement Plan | USA
Use this downloadable form to prepare minutes of a directors meeting adopting a medical reimbursement plan for a US corporation.
- The Minutes of the meeting record the resolution of the directors to adopt the medical reimbursement plan.
- A copy of the reimbursment plan is attached to the Minutes.
- The directors ratify the plan and waive notice of the meeting.
- The benefits plan attached to the Minutes sets out the eligibility factors, limitations, and other features of the plan.
- You can easily customize the Minutes form and the attached Medical Benefits Plan to fit your company's needs.
- The Director's Minutes template is provided as a downloadable MS Word template.
$6.29 $5.99