Joint ownership arrangement: agreement for employee and trustee to jointly acquire shares | Practical Law

Joint ownership arrangement: agreement for employee and trustee to jointly acquire shares | Practical Law

A precedent for a joint ownership agreement under which the trustee of an employee benefit trust (EBT) and an employee acquire qualitatively different interests in a number of shares. These arrangements may also be referred to as joint share ownership plans (JSOPs), shared ownership plans or jointly-owned equity arrangements.

Joint ownership arrangement: agreement for employee and trustee to jointly acquire shares

Practical Law UK Standard Document 1-506-3850 (Approx. 25 pages)

Joint ownership arrangement: agreement for employee and trustee to jointly acquire shares

by Practical Law Share Schemes & Incentives
Maintained • , England, Wales
A precedent for a joint ownership agreement under which the trustee of an employee benefit trust (EBT) and an employee acquire qualitatively different interests in a number of shares. These arrangements may also be referred to as joint share ownership plans (JSOPs), shared ownership plans or jointly-owned equity arrangements.