Canada Employee and Director Stock Option Plan

Create a Stock Option Plan for key employees and directors of a Canadian company with this template Employee and Director Stock Option Plan.

• Participation in the Stock Option Plan is voluntary.
• Rights under the Plan are non-transferable by the participant (except upon death, when exercise rights pass to the legal beneficiaries).
• The company's board of directors will determine which employees are eligible to receive stock options.
• At the discretion of the board, unexercised options may be renegotiated as to its terms, including exercise price.

This Canada Employee and Director Stock Option Plan template is downloadable and fully editable.