Employee Option Plan
An Employee Option Plan is an agreement between an employer and its employees. It grants some awards, usually are shares of the company, to an eligible employee as part of the employee’s remuneration package.
This document will give the details of both parties, the eligibility and timeframe, categories and amount of awards, liabilities, and obligations of the company and employee, and all other important information.
By using this, you can choose to include limitations for “startup” tax concessions.