All Templates
Create a stock option scheme
📈 EMI Options Agreement
Performance Based EMI Option Agreement For AIM Listed Company
Performance Based EMI Option Agreement For AIM Listed Company
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useType of legal document
📈 EMI Options AgreementBusiness activity
Create a stock option schemeAn EMI option is an agreement between an employer and employee that gives the employee the right to purchase shares in the company at a set price, usually at a discount to the market price. The agreement will specify the number of shares that can be purchased, the price at which they can be bought, and the period of time during which the option can be exercised.
This legal template is intended for an AIM (Alternative Investment Market) listed company under UK law and focuses on a Performance Based EMI (Enterprise Management Incentive) Option Agreement.
An EMI option agreement typically grants employees or directors the right to purchase shares in the company at a predetermined price in the future. However, this particular template emphasizes performance-based criteria for exercising these options.
The agreement outlines the terms and conditions that govern the issuance and exercise of EMI options, including the performance criteria that must be met to be eligible for exercising the options. These criteria are usually based on predetermined targets or milestones set by the company.
The template covers various aspects, such as the eligibility of employees or directors to receive these performance-based EMI options, the exercise price, the vesting period (after which the options can be exercised), and the consequences in case of termination of employment or directorship.
Furthermore, the template incorporates provisions related to the tax treatment of EMI option schemes, referring to the special tax advantages afforded by the UK government to compliant EMI option plans.
Overall, this legal template serves as a comprehensive document outlining the rights, obligations, and conditions surrounding performance-based EMI options for employees or directors in an AIM listed company, ensuring legal compliance and facilitating employee incentivization and retention.
An EMI option agreement typically grants employees or directors the right to purchase shares in the company at a predetermined price in the future. However, this particular template emphasizes performance-based criteria for exercising these options.
The agreement outlines the terms and conditions that govern the issuance and exercise of EMI options, including the performance criteria that must be met to be eligible for exercising the options. These criteria are usually based on predetermined targets or milestones set by the company.
The template covers various aspects, such as the eligibility of employees or directors to receive these performance-based EMI options, the exercise price, the vesting period (after which the options can be exercised), and the consequences in case of termination of employment or directorship.
Furthermore, the template incorporates provisions related to the tax treatment of EMI option schemes, referring to the special tax advantages afforded by the UK government to compliant EMI option plans.
Overall, this legal template serves as a comprehensive document outlining the rights, obligations, and conditions surrounding performance-based EMI options for employees or directors in an AIM listed company, ensuring legal compliance and facilitating employee incentivization and retention.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Simple Livery Agreement
A Simple Livery Agreement under UK law is a legal template that outlines the terms and conditions between a horse owner (the "Owner") and a livery yard owner (the "Livery Yard") regarding the boarding and care of the Owner's horse. This agreement serves as a legally binding contract that ensures both parties are clear on their responsibilities and obligations.
The agreement typically covers essential details such as the horse's identification information, the boarding period, and the boarding fees. It includes provisions regarding the horse's accommodation, feed, exercise, and care requirements, as well as the Livery Yard's responsibilities in maintaining a safe and suitable environment for the horse.
Other important aspects that may be addressed in this template may include the Livery Yard's liability for any injury or damage caused to the horse, the requirement for appropriate horse insurance, and provisions for termination or renewal of the agreement. It may also specify any additional services offered by the Livery Yard, such as grooming or training, and the associated costs.
By utilizing this legal template, both the Owner and the Livery Yard can have a clear understanding of their respective rights and obligations, thereby helping to establish a transparent and harmonious working relationship.
The agreement typically covers essential details such as the horse's identification information, the boarding period, and the boarding fees. It includes provisions regarding the horse's accommodation, feed, exercise, and care requirements, as well as the Livery Yard's responsibilities in maintaining a safe and suitable environment for the horse.
Other important aspects that may be addressed in this template may include the Livery Yard's liability for any injury or damage caused to the horse, the requirement for appropriate horse insurance, and provisions for termination or renewal of the agreement. It may also specify any additional services offered by the Livery Yard, such as grooming or training, and the associated costs.
By utilizing this legal template, both the Owner and the Livery Yard can have a clear understanding of their respective rights and obligations, thereby helping to establish a transparent and harmonious working relationship.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
12
RATINGS
5
DISCUSSIONS
1
Simple Outsourcing Agreement
A Simple Outsourcing Agreement under UK law is a legal template that outlines the terms and conditions of an outsourcing arrangement between two parties, typically a company or organization and a service provider. The agreement aims to establish a clear understanding of the roles, responsibilities, and obligations of each party involved in the outsourcing project.
The template typically covers essential aspects such as the scope of work, performance standards, pricing and payment terms, confidentiality and data protection, intellectual property rights, termination conditions, dispute resolution mechanisms, and any specific legal provisions required by UK law.
By using this legal template, both parties can ensure that their rights and obligations are properly stated and agreed upon, minimizing any potential misunderstandings or disputes that may arise throughout the course of the outsourcing project. Additionally, as the agreement is tailored to comply with UK law, it provides a solid legal framework for protecting the interests of all parties involved.
This Simple Outsourcing Agreement template can be customized and adapted to suit the unique requirements and preferences of the involved parties, allowing them to collaborate effectively and confidently as they embark on their outsourcing venture.
The template typically covers essential aspects such as the scope of work, performance standards, pricing and payment terms, confidentiality and data protection, intellectual property rights, termination conditions, dispute resolution mechanisms, and any specific legal provisions required by UK law.
By using this legal template, both parties can ensure that their rights and obligations are properly stated and agreed upon, minimizing any potential misunderstandings or disputes that may arise throughout the course of the outsourcing project. Additionally, as the agreement is tailored to comply with UK law, it provides a solid legal framework for protecting the interests of all parties involved.
This Simple Outsourcing Agreement template can be customized and adapted to suit the unique requirements and preferences of the involved parties, allowing them to collaborate effectively and confidently as they embark on their outsourcing venture.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
3
DISCUSSIONS
2
Short-Term Licence to Occupy (Non-Exclusive)
A Short-Term Licence to Occupy (Non-Exclusive) under UK law is a legal template that establishes an agreement between a licensor and a licensee for the temporary use and occupation of a property or premises. This template is typically used when granting temporary access rights to an individual or organization, allowing them to occupy the premises for a fixed and defined period, usually for a few weeks or months.
The template outlines all the essential terms and conditions that both parties must agree upon during the license period. It covers aspects such as the details of the licensor and licensee, description of the premises, duration of the license, the purpose of the license, conditions of use, any restrictions or limitations imposed, and rental or payment terms, if applicable.
A Short-Term Licence to Occupy (Non-Exclusive) aims to provide clarity and protection to both parties involved in the agreement. It sets out the licensee's rights and responsibilities, including the proper care and maintenance of the premises, compliance with relevant laws and regulations, and limitations on alterations or subletting without prior consent.
Additionally, the template may include provisions on termination, renewal or extension options, and dispute resolution mechanisms, offering a clear guideline for future actions in case of any conflicts or misunderstandings.
Overall, this legal template serves as a comprehensive and legally binding document that establishes the temporary occupancy arrangement between a licensor and licensee, ensuring both parties understand their rights and obligations throughout the short-term license period as prescribed by UK law.
The template outlines all the essential terms and conditions that both parties must agree upon during the license period. It covers aspects such as the details of the licensor and licensee, description of the premises, duration of the license, the purpose of the license, conditions of use, any restrictions or limitations imposed, and rental or payment terms, if applicable.
A Short-Term Licence to Occupy (Non-Exclusive) aims to provide clarity and protection to both parties involved in the agreement. It sets out the licensee's rights and responsibilities, including the proper care and maintenance of the premises, compliance with relevant laws and regulations, and limitations on alterations or subletting without prior consent.
Additionally, the template may include provisions on termination, renewal or extension options, and dispute resolution mechanisms, offering a clear guideline for future actions in case of any conflicts or misunderstandings.
Overall, this legal template serves as a comprehensive and legally binding document that establishes the temporary occupancy arrangement between a licensor and licensee, ensuring both parties understand their rights and obligations throughout the short-term license period as prescribed by UK law.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
3
DISCUSSIONS
1
