The following Share Incentives Q&A provides comprehensive and up to date legal information covering:
Enterprise management incentives (EMI) options may be granted under a set of EMI share option scheme rules, or by way of a EMI standalone share option agreement, as long as the agreement is written and contains the following information:
the date on which the option is granted
that the option is granted under the provisions of Schedule 5 Parts 1–8 to the Income Tax (Earnings and Pensions) Act 2003
the number, or maximum number of shares that may be acquired
the price (if any) payable by the employee to acquire the shares, or the method by which the price will be determined
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