110 likes | 143 Views
Muds Services:<br>Constitution of Trust<br>Formation of ESOP Plan<br>Identification & Appraisal of Eligible Employees<br>Valuation of Company<br>Creation of ESOP pool<br>Documentation & Granting of ESOPs<br>https://muds.co.in/esop/
E N D
ESOP MUDS Management Pvt. Ltd.
MUDS Services 2 3 1 4 5 6 Constitution of Trust Formation of ESOP Plan Identification & Appraisal of Eligible Employees Valuation of Company Creation of ESOP pool Documentation & Granting of ESOPs MUDS Management Pvt. Ltd.
What are ESOP? Employee Stock Ownership Plan or popularly known qualified and well meant to benefit both employee and employer, in which primarily invest in the stock of the sponsoring company. ESOP as ESOP, defined is plan a a employee MUDS Management Pvt. Ltd.
How does ESOP works? A company is which employee is working gives an opportunity to that employee to buy a pre-fixed number of shares of the company at a price which is lower than the market value and vest it after certain number of years, known as option period. MUDS Management Pvt. Ltd.
What does ‘Grant’ and ‘Vesting’ of the ESOP option mean? GRANT VESTING Grant of the ESOP refers to the commitment that an employer makes by informing the employee of the eligibility of the available options. Vesting of the ESOP means giving right to the employee to own share over the period of the time. MUDS Management Pvt. Ltd.
Documents Required to issue ESOPs 01 02 03 ESOP Scheme & ESOP Grant Letter Acceptance Letter Documents of Board Meeting 04 05 06 Notice calling extraordinary meeting Explanatory statement as per section 103 of the Companies Act, 2013 Certified true copy of approval of ESOP plan MUDS Management Pvt. Ltd.
Eligibility criteria to be a part of ESOP Promotor or the one who belongs to the promoter group. ● Any director, either himself or any of his relatives , if he holds more than 10% of the equity shares under his name. ● outstanding MUDS Management Pvt. Ltd.
Various ESOP plan for the Employees ESP ESOS ISO Employee Stock Option Scheme Incentive Stock Option Employee Stock Purchase RSU SARs RSA Stock Restricted Stock Award Restricted Stock Unit Appreciation Rights MUDS Management Pvt. Ltd.
Legal Compliance to be taken care for implementing of ESOP scheme SEBI (ESOP Guidelines) Income Tax Act FEMA Accounting Guidelines (ICAI,IFRS, US GAAP) Companies Act MUDS Management Pvt. Ltd.