document back Unapproved Share Option Scheme – Scheme Rules

Document Name: Unapproved Share Option Scheme – Scheme Rules

document type Jurisdiction UK

*Updated for GDPR*

This document enables a company to grant options in shares to non-full time employees. This could include Non exec Directors, consultants and employees who do not qualify as full time employees for the purpose of an EMI share option scheme. The document governs the rules of the scheme, the grant of options and any performance conditions of the recipient of the options