Philadelphia Employee Stock Plans
Employee stock plans are offered to employees in four basic formats: employee stock ownership plan (ESOP), a stock option plan, an employee stock purchase plan (ESPP), and a 401 (k) plan. There are also additional plans that offer restricted stock or stock appreciation rights (SAR.)
Philadelphia employment lawyers at Sidney L. Gold & Associates help employees by reviewing and negotiating employment agreements and severance agreements that offer stock options. We will also ensure that stipulations such as tax effects of the stock; restricted covenants that are attached to a grant at termination of employment; and what laws and jurisdiction govern the grant are all favorable for the employee. We make sure that the employee fully understands all confidentiality, non-compete, and non-solicitation clauses that the stock plan carries. In the event of a dispute, our lawyers can negotiate resolutions or represent their client in the event that litigation becomes necessary.
For more information on employee stock plans, call the Philadelphia employment law firm of Sidney L. Gold & Associates at 215-569-1999, or fill out our online contact form.