Share Schemes

Share schemes and share incentives are a key tool for both developing and established companies in incentivising, recruiting and retaining key employees. As an entrepreneur growing your company you may not be in a position to offer employees the same financial rewards available at more established companies.  This might be a straight share subscription (but with buy-back rights) or you may want to award options. Everyman Legal has expertise in the full range of incentives including Enterprise Management Incentives (EMI Share Schemes), Share Incentive Plans (SIPs), Company Share Option Plans (CSOPs) as well as non statutory or unapproved share schemes.

Before you make shares available you may be advised to alter your company’s articles of association. You may want to add a buy-back clause allowing you to re-purchase shares if employee-shareholders leave. You may also want a ‘Drag Along’ article. More information on buy-back rights can be found here and Drag Along Articles here.

If you are unsure of which scheme will be best suited to your situation, we can provide a cost effective design service.

Our Standard Share Schemes Services:

•  Share scheme design – from £250 plus VAT
•  Entry level Employee Share Subscription Scheme – from £1,000 plus VAT
•  Exit-based EMI Share Scheme – from £2,500 plus VAT
•  EMI Share Scheme – from £3,250 plus VAT
•  CSOP and SIP Schemes – from £3,750 plus VAT

Please do not hesitate to contact an Everyman Solicitor on 0845 868 0960 for a free discussion about Share Schemes or email everyman@everymanlegal.com