Evergreen Option

外汇网2021-06-19 14:05:40 189

An employee option plan that grants additional shares to the plan every year. Also known as an "evergreen plan".

Taobiz explains Evergreen Option

The number of shares granted to the plan is determined by a set percentage of the company's common shares outstanding.

In most cases, these plans don't have an expiry date and do not require shareholder approval.

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