Search

How can we help?

IP and Commercial

Employee Share Incentives Lawyers

 

Share incentive plans are useful tax schemes in the UK which provide benefits for both your business and employees. There are a number of different type of schemes with different advantages but the key common trait is they seek to encourage employees to remain with the business as it grows on the basis that they can benefit from shares in the future.

What is a Share Option?

In these employee share schemes you will grant employees a Share Option. A Share Option gives the option holder the chance to purchase shares in the company at a future date, with the purchase price often set at the time of the grant. Employees are incentivised to stay with the business to help develop it in order to reach the triggering event to exercise their Share Option. Only once this event is triggered will an employee be able to purchase the shares and benefit from the dividends they create, making them an effective form of providing benefits to employees whilst the company is still starting out.

 Our Employee Share Incentive Legal Services include:

  • Discussing the range of schemes which you could implement for your employees and advising which would be most suitable for the needs of your business.
  • Introducing you to trusted accountants who can perform the valuing tasks and ensure that the scheme is tax compliant.
  • Executing the paperwork to finalise the scheme.

Types of Share Schemes We Handle

We deal with all kinds of share schemes and can implement whichever one suits the needs of your business the most. Please contact us should you want any further advice as to whether you can implement:

  • An Enterprise Management Incentive (EMI)
  • A Company Share Option Plan (CSOP)
  • SAYE (Save As You Earn) option scheme
  • A Share Incentive Plan (SIP)

Our Expertise in Employee Incentives

Our Corporate Lawyers have implemented many such schemes in the past so we have expertise in advising which schemes would be the most appropriate for your company. We know what is required of the process so can guide you through to implement the scheme quickly by providing clear, practical advice on these share–based incentive arrangements.

Contact Our Share Incentive Lawyers

Our Share Incentive Lawyers are available to answer any queries you may have regarding whether a Share Incentive Scheme is appropriate for you. Please feel free to get in touch.

“Very professional, knowledgeable and accessible lawyers.” 

Chambers and Partners

Key contacts

Read, listen and watch our latest insights

art
  • 21 April 2021
  • Corporate and M&A

European Super League: Legally Binding Contracts

The last few days have seen the founders of the European Super League, the UEFA and others clash over the creation of a new football league.

art
  • 09 February 2021
  • IP and Commercial

Setting up a Charitable Incorporation Organisation

Interest in Charitable Incorporation Organisations (CIO’s) has grown in recent months, we explain how these could be considered an appropriate structure for a reorganisation or setting up a new activity.

art
  • 07 December 2020
  • Corporate and M&A

Annual review of corporate governance reporting

The Financial Reporting Council (FRC) has published its annual review of corporate governance reporting against its UK Corporate Governance Code (the Code). The Code, published in its current form in 2018, provides businesses with key corporate governance recommendations.

art
  • 07 December 2020
  • Corporate and M&A

Government to further scrutinise transactions and investments

Last month the Government introduced the National Security and Investment Bill to the House of Commons for its first reading. The purpose of the Bill is to give the government further powers to scrutinise and, where necessary, intervene in certain business transactions if it believes national security concerns are present; this will include mergers and acquisitions.

art
  • 06 November 2020
  • Corporate and M&A

The practicalities of selling your business

In our latest webinar, corporate partner Stuart Mullins discusses the practicalities of selling your business. The following article provides vital insight for both buyers and sellers seeking to navigate the often complex journey from heads of terms to completion. Below we highlight the key considerations and processes.

art
  • 06 November 2020
  • Corporate and M&A

Warranties v Indemnities – considerations and differences

The terms “indemnity” “warranty” and “representation” are used a lot in the context of share sale or business sale agreements, but the terms “warranty” and “indemnity” permeate through all forms of contracts, not just business sale agreements.

“On behalf the shareholders, I’d like to thank the Ashan, Jacob and the team at Clarkslegal for their support.  I was very impressed with the manner and commerciality in which they undertook the negotiations, supporting on last minute calls and working tirelessly and expertly through challenges to get the deal done.”

Shareholder, Invivo Healthcare

“Stuart Mullins has always been highly professional, commercial and responsive whenever I have worked with him on projects, often in high pressure environments….Stuart is exactly the kind of advisor I want on my team.”

James Hawksworth, Director – RSM

“I highly recommend Clarkslegal for their outstanding expertise in M&A transactions and general corporate/commercial work. With a stellar reputation in the legal industry, Clarkslegal has demonstrated a deep understanding of complex mergers and acquisitions, offering invaluable guidance to clients navigating intricate deal structures.”

Jeff Lewis, General Counsel & Director, Kinectrics Inc

“I had an excellent experience working with Stuart Mullins. He was thoughtful, pragmatic, and extremely efficient. Thank you very much for all your hard work to get the deal across the line.”

Jerry Izard, Director, Independent Optics Ltd

“Stuart Mullins was great at understanding what my needs were and responded in a timely manner every time. It was great to talk to someone who understood our situation and moved my transaction to completion efficiently and diligently. I really appreciated the extent to which Stuart explained everything to me regarding the transaction agreement, which gave me so much confidence when speaking to the purchaser”.

Jan Tupper, Proprietor, Arniss Equestrian Ltd