GENERAL REQUIREMENTS: INTRODUCTION

Related Commentary  

3  A share option is not a qualifying option unless the requirements of this Part of this Schedule as to the following are met at the appropriate time–

the purpose for which the option is granted (see paragraph 4),

the maximum entitlement of an employee (see paragraphs 5 and 6),

the maximum value of the relevant company's shares in respect of which unexercised options can exist (see paragraph 7).

Origin

FA 2000, Sch. 14, para. 8, drafting.


PURPOSE OF GRANTING THE OPTION

Related Commentary  

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.