Stock Option Contract - Motivate Your Employees | ScriptaLegal
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Stock option contract

A stock option contract is a powerful way of building loyalty and motivating your employees. By offering them the opportunity to become shareholders, you make your employees partners in your company's success...more

  1. Answer the questionnaire
  2. Print your contract
  3. Sign it
 

Description

  • The stock option contract is a form of stock compensation that entitles the employee or director of the company, or one of its subsidiaries, to purchase at a pre-established price (strike price or exercise price of the options) a specific number of shares of the company for a predetermined period of time and until a deadline which is the expiry date of the options, these shares being either common or preferred shares.
  • Why not suggest that your employees become shareholders in your company? In a competitive job market, a stock option plan is a form of employee benefit and helps earn the loyalty of your key employees.
  • It is a form of equity compensation arrangement to compensate, retain and attract employees or to compensate directors and other service providers.
  • Through the acquisition of shares of the company, the beneficiaries will then have a genuine interest in the growth of the company or its subsidiaries, which will allow them to be more motivated in the performance of their tasks and functions and to contribute more to the profitability of the company or its subsidiaries.
  • Since a beneficiary will become a shareholder of the company if he exercises his options, it would be advantageous for the company to adopt a shareholders' agreement to govern certain situations experienced by the shareholders, such as death, for example.
  • This document meets the needs of SMEs for a relatively simple stock option agreement and requires that the corporation has already adopted a Stock Option Plan. For an agreement with more complex terms and conditions, please contact .

Other services offered

Price

Stock option contract $150

Fees

Additional contract per additional beneficiary
1 beneficiary included - $65 per additional beneficiary
-

Available options

Questionnaires review with a member of our legal team
No discount or credit is applicable to this option.
$95

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How to create your document

* These fees may be changed within a 60-day notice and in accordance with section 71 of the Code of ethics of notaries.

GST and QST not included.

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