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Employee Stock Option Plan (ESOP) is the generic term for various contractual constructs designed to give employees a direct share in the company's success. There are significant differences, for example with regard to the necessary bureaucracy or taxation. While some terms essentially hide the same constructs, there are also essential differences and details to consider.
You can find more information and useful tips in our whitepaper.
Excerpt of exemplary topics
Severance right
Exit participation
/ profit sharing
Devesting
Vesting & Cliff
Fade-out control
Buy-out right
Our partner attorneys at trustberg specialize in corporate law and venture capital and are represented in Germany with offices in Berlin, Munich, Frankfurt and Hamburg.
trustberg partner Dr. Christopher Hahn is himself co-founder of various startups as well as author of leading books (e.g. "Virtuelle Mitarbeiterbeteiligung") and thus a proven expert on digital processes and their legal implementation. His area of expertise primarily includes the participation of employees, executives and other key persons.