EBT/EOT—basic principles and set-up

EBT/EOT—basic principles and set-up guidance:

Produced in partnership with Jeremy Glover of Reed Smith [insert name of Company] Company No[insert registered number of Company] (the Company) Minutes of a Meeting of...

Precedents

Produced in partnership with Jeremy Glover of Reed Smith [insert name of Company] Company No [insert registered number of Company] (the Company) Minutes of a Meeting of...

Precedents

Produced in partnership with Jeremy Glover of Reed Smith Minutes of a Meeting of the Board of Directors of the Company held at [insert place of meeting] at [insert time...

Precedents

Private companies that implement share option schemes will often make use of 'exit-only' options, meaning that share options can only be exercised by participants when...

Practice Note

Produced in partnership with Jeremy Glover of Reed Smith This Deed is made on [insert date of Deed] Parties 1 [Insert name of Company] registered in [insert where the...

Precedents

Produced in partnership with Jeremy Glover of Reed Smith This Deed is dated [insert date] Parties 1 [insert full name of Trustee] incorporated and registered in [insert...

Precedents

Produced in partnership with Jeremy Glover of Reed Smith This Deed is made as on [insert date of deed] Parties 1 [Insert name of company] registered in [insert where the...

Precedents

Produced in partnership with Jeremy Glover of Reed Smith This DEED is made on [insert date on which this deed is executed by all parties] Parties 1 [Insert name of...

Precedents

Introduction This legal due diligence questionnaire relates to the proposed purchase by [insert buyer name] (the Buyer) of the entire issued share capital of [insert name...

Precedents

Employee benefit trusts (EBTs) are a type of discretionary trust which are primarily established to enable companies to provide shares, cash or other benefits to their...

Practice Note

Relevance of the takeover code to share acquisitions by an EBT It may be necessary to consult the Takeover Panel (Panel) in certain circumstances if the trustee of an...

Practice Note

This Practice Note covers the application of the Investment Association (IA) remuneration principles to employee benefit trusts (EBTs). The principles are contained in...

Practice Note

FORTHCOMING CHANGE: The EU Fifth Money Laundering Directive (5MLD) was published in the EU official journal on 19 June 2018 and came into force on 9 July 2018. The...

Practice Note

Produced in partnership with David Pett of Temple Tax Chambers This Deed is dated [insert date on which this deed is executed by all parties] Parties 1 [Insert name of...

Precedents

FORTHCOMING CHANGE: The EU Fifth Money Laundering Directive (5MLD) was published in the EU official journal on 19 June 2018 and came into force on 9 July 2018. The...

Practice Note

HMRC Trusts Office [insert relevant address] [insert date of letter] Dear trustee(s), THE [insert name of EBT] (EBT) REFERENCE NUMBER: [insert HMRC reference number] We...

Precedents

Produced in partnership with Jeremy Glover of Reed Smith [insert full name of trustee] as trustee of the [insert full name of the employee benefit trust] [insert full...

Precedents

Produced in partnership with Jeremy Glover of Reed Smith [insert full name of Trustee] as trustee of the [insert full name of the employee benefit trust] [insert full...

Precedents

Produced in partnership with Jeremy Glover of Reed Smith [insert full name of Trustee] as trustee of the [insert full name of the employee benefit trust] [insert full...

Precedents

FORTHCOMING CHANGE: The fifth anti-money laundering directive (5MLD) was published in the EU official journal on 19 June 2018 and came into force on 9 July 2018. The...

Practice Note

[insert full name of Trustee] as trustee of the [insert full name of the employee benefit trust] [insert full address of trustees] [insert date of letter] Dear trustee(s)...

Precedents

Overview of the practical issues Shareholders considering transferring the ownership of their company into an employee-ownership trust (EOT) will need to consider a...

Practice Note

What is an employee ownership trust An employee ownership trust (EOT) is a particular type of employee benefit trust (EBT) that meets certain statutory criteria. The...

Practice Note

Produced in partnership with Jeremy Glover of Reed Smith STOP PRESS: We understand that some firms have been experiencing difficulties in getting HMRC to accept and...

Precedents

FORTHCOMING CHANGE: The EU Fifth Money Laundering Directive (5MLD) was published in the EU official journal on 19 June 2018 and came into force on 9 July 2018. The...

Practice Note

Produced in partnership with Jeremy Glover of Reed Smith This Deed is dated [insert date] BY [insert full name of Trustee] incorporated and registered in [insert country...

Precedents

FORTHCOMING CHANGE: The EU Fifth Money Laundering Directive (5MLD) was published in the EU official journal on 19 June 2018 and came into force on 9 July 2018. The...

Practice Note

FORTHCOMING CHANGE: The EU Fifth Money Laundering Directive (5MLD) was published in the EU official journal on 19 June 2018 and came into force on 9 July 2018. The...

Practice Note