Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
employee share scheme — a scheme for sharing company profits with employees with the object of conferring on them a participation in the company in the hope of engendering greater commitment from them. Schemes operate either by distributing shares already paid up by the … Law dictionary
Employee Share Owner Trusts — Employee share ownership plans (ESOT s) are based on an Employee Benefits Trust (EBT). They are established by a company, the beneficiaries being directors and employees of the company. The ESOP is used a vehicle for acquiring and storing shares… … Law dictionary
share incentive schemes — Also known as employee share schemes or share option schemes. Share schemes used to recruit, retain and motivate employees (particularly executives) and, in theory, align the executives interests with those of the shareholders. There are many… … Law dictionary
share option schemes — Also known as employee share schemes or share incentive schemes. Share schemes used to recruit, retain and motivate employees (particularly executives) and, in theory, align the executives interests with those of the shareholders. There are many… … Law dictionary
employee benefit trust — Employee share ownership Trusts (ESOT s) are based on an Employee Benefits Trust (EBT). They are established by a company, the beneficiaries being directors and employees of the company. The ESOP is used a vehicle for acquiring and storing shares … Law dictionary
share incentive scheme — Any scheme in which employees who achieve personal or group performance targets are rewarded with shares in the company. There are many different types of scheme. In recent years, some companies have been severely criticized by shareholders for… … Accounting dictionary
share incentive scheme — Any scheme in which employees who achieve personal or group performance targets are rewarded with shares in the company. There are many different types of scheme. In recent years, some companies have been severely criticized by shareholders for… … Big dictionary of business and management
employees' share scheme — employee share schemes, | share incentive schemes | share option schemes. Share schemes used to recruit, retain and motivate employees (particularly executives) and, in theory, align the executives interests with those of the shareholders. There… … Law dictionary
share option scheme — A scheme whereby an employee initially acquires an option to subscribe for shares of the company at some future date. For unapproved schemes, these must not, for tax reasons, be exercisable greater than seven years from the date of the grant.… … Law dictionary
Approved Savings-Related Share Option Scheme — A share option scheme linked to a savings contract taken out usually with our building society governed by the Income and Corporation Taxes Act 1988. The limits to the amount that may be saved and the number of shares over which an option may be… … Law dictionary
