stock option plan

The stock option plan program was approved by the parliament last year, but it has not been in effect so far due to the lack of regulations with a written procedure for its application. This has been repeatedly pointed out by representatives of the business community. The Ministry of Finance has developed a relevant regulation on the Long-Term Incentive Program (stock option plan).

The granting of the right to employees to purchase securities of enterprises will be carried out at a preferential price or on a free basis, and the rights, obligations and conditions of their participation in the Long-term Incentive Program (stock option plan) will be established on the basis of a special agreement with them, – reports Logos Press.