EQL 416(2)

What is ESOP?

• Employee Service Opportunity Plan

• Employee Stock Ownership Plan

• Employee Solutions Operational Programme

• Employee Share Ownership Plan

Once ESOPs are offered, Employees should stay with the organization for a specific period known as the vesting period to avail the ownership of stock. True or False?

• True

• False

Which of these is not a benefit of ESOP to a company?

• Employee Retention

• Better productivity

• Smooth onboarding process

• A tool for attracting talent

Employees can exercise their ESOPs and buy the company shares at allotted prices, which are ______ ____ the market price.

• Lower than

• Higher than

• Same as

_________ decide the number of shares to be offered under ESOPs, their price, and the beneficiary employees.

• Employer

• Employees

• Government