Share Transfer under Employee Shares Scheme

Board Resolutions

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Description:

Board minutes of directors for the allotment and issuance of shares of the Company to an employee (usually after the satisfaction of certain conditions pursuant to the employment contract).

The Directors have received and reviewed a subscription letter from EMPLOYEE] (“Employee”) for the allotment and issuance of X shares of the Company with a par value of Y each (the "Shares"), in accordance with the employee share option plan pursuant to the employment contract entered into between Employee and the Company (“Allotment and Issuance”). The subscription price of the Shares shall be Z in total, which shall be paid up in full to the Company.

Document Type:

Corporate / resolution / minutes

Category:

Business > Human Resource / Employment > Employee Share Scheme / Options / SAFE / Incentives

 
Keywords:

Board Minutes

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board meeting

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resolution

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directors

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Allotment of shares

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Subscription of Shares

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Employee

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Employee shares

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Issuance of Shares

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shares scheme

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share options

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