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.