ESOP Reviewwith expert lawyers

An Employee Share Options Plan (ESOP) is an incentive arrangement where companies offer employees shares or rights to buy shares in the company. These rights are usually provided with certain conditions attached, such as minimum employment periods and/or minimum KPIs. An experienced lawyer can do a high-level review of the ESOP to help ensure your important legal protections are covered.

Broadly, an ESS (Employee Share Scheme) involves directly issuing shares to employees, while an ESOP gives employees the opportunity to acquire shares in their company through a share option plan. However, there are several more nuanced differences between the two. There may also be tax and concession benefits to consider, particularly in light of the 2015 reforms. You can read more about the differences between ESOP and ESS here. Our team can also talk you through the differences and help you decide which option is best for your business.

As part of our ESOP Review Package, one of our lawyers will carry out a high-level review of your ESOP agreement. This includes a phone consultation to talk you through the key points of the agreement and help ensure you’re legally protected.

Please note that this is a time-based, consult-only package. It does not include a comprehensive review of the documents, formal written advice, or negotiations for changes to the documents.

Our fixed-fee packages for ESOP Reviews start at $700 + GST. This includes a review of your ESOP Agreement and phone consults with our expert lawyers.