Employee Stock Option Agreement (ESOP) Template [Nigeria]
Updated January 20, 2024
Unlock your full potential without breaking the bank. An Employee Stock Ownership Plan (ESOP) gives you the privilege to own a slice of your company. You’re not just working; you’re investing in your future, with shares at either zero cost, a nominal fee, or below market value, once you hit your milestones.
Talented individuals are the lifeblood of startups. Cash can be tight, but ambition isn’t. With ESOPs, startups can offer a competitive edge: a share in future success. This means minimal cash payouts without shortchanging your brilliance.
Consider this: What if you could earn N10,000,000 but take home N6,000,000, with N4,000,000 worth in shares? As the company prospers, so does your share value – your wealth grows with your efforts. It’s straight dealing—no fluff. Choose a stake in tomorrow’s triumphs today.
Generate your Employee Stock Option Agreement (ESOP)
How to use this Employee Stock Option Agreement (ESOP)
As stated above, to be used to compensate for high talents. make multiple copies. Make sure everyone has a copy in your organisation that is involved or potentially involved with your ESOP
Other names for Employee Stock Option Agreement (ESOP)
- Employee Share Agreement.
Applicable Laws in Nigeria
- Contract Law
- Tax Law
- Companies and Allied Matters Act
- Common Law