员工股权薪酬-金蝶国际软件集团有限公司.pdfVIP

McCARTER ENGLISH, LLP ATTORNEYS AT LAW Employee Equity Compensation United States Practice and Law 员工股权薪酬 美国的实践和法律 CHRISTOPHER L. DAVIS, 律师 July, 2007 Reasons why equity compensation is so popular 股权薪酬为什么被普遍采用？ ♦ By making employees part-owners, the interests of both employer and employee are aligned. 使雇员成为企业部分资产的拥有者，雇主和雇员的利益就会一致。 ♦ Using equity as a form of compensation conserves cash which can be used to grow the business. 采用股权来支付薪酬可以将节省下来的现金用于公司的发展。 ♦ Tax incentives for both employer and employee. 为雇主和雇员提供税收福利。 ♦ Highly skilled employees demand equity ownership as a condition of accepting employment. 高级技术员工以拥有公司股份作为接受雇佣的条件。 Forms of Equity Compensation 股权薪酬的形式 ♦ Stock Options – The right to purchase shares of stock in the future at the value of the shares today. 股票期权– 在将来以现在价格购买股票的权利。 – Most popular form in the US, due to familiarity and tax incentives. 这种方式为人所熟悉，并有税收优惠，所以是美国最常见 的股权薪酬方式。 ♦ Restricted Stock – An outright award of shares of stock. 限制性股票– 一次性股份馈赠 – Somewhat less popular right now than stock options, but becoming more popular. 目前比股票期权要少见，但正在普遍应用起来。 Legal Structure 法律结构 ♦ Two Main Components: 两个主要组成部分： ♦ The Equity Compensation Plan: 股权薪酬计划 – Adopted by the Board of Directors and Stockholders to govern all equity compensation awards. 由董事会及股东们制定，作为建构所有股权薪酬的依据。 – Subjects include eligibility, procedure, etc. 计划内容包括资格，程序等等 – Reserves percentage of company equity to be granted to employees – typically 10-20%. 保留一定比例的公司股权，通常是10-20%