Letter to trustees of EBT—notification of vesting of awards
Produced in partnership with Jeremy Glover (Share Schemes)
PrecedentsLetter to trustees of EBT—notification of vesting of awards
Produced in partnership with Jeremy Glover (Share Schemes)
Precedents[insert full name of Trustee]
as trustee of the
[insert full name of the Employee benefit Trust]
[insert full address of Trustee]
[insert date of letter]
Dear trustee(s)
[insert name of the employee benefit trust] (the EBT)
We are writing to you in your capacity as trustee of the EBT (Trustee). We refer to the following documents:
- •
the trust deed establishing the EBT dated [insert date of trust deed] executed by you as Trustee and [insert name of settlor of EBT] (the Company and the Trust Deed);
- •
the rules of the [insert name of share plan] (the Share Plan);[ and]
- •
[the operating agreement dated [insert date of operating agreement] executed
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